FINAL UPDATE
Unfortunately, Due to lawsuit filed by toxic note holder to supersede current NV Injunction & time restraints communicated directly from the SEC, management has made the determination that $FONU (FONU2 inc.) WILL NOT be a viable entity to move our projects forward.
We WILL NOT be moving forward with $FONU in any way and will start the process to terminate custodianship. We look forward to finding a viable entity in the near future to minimize shareholder risk.
FINAL UPDATE
Unfortunately, Due to lawsuit filed by toxic note holder to supersede current NV Injunction & time restraints communicated directly from the SEC, management has made the determination that $FONU (FONU2 inc.) WILL NOT be a viable entity to move our projects forward.
$FONU
UPDATE‼️
For many months management has been working diligently through the courts to Eliminate Past Toxic Notes.
A court injunction continues to allow the remaining claims to be negotiated and Hopefully make $FONU a Viable Entity for the shareholders & future endeavors.