FONU2 (OTCBB: FONU) (OTCQB: FONU) announced today that it has signed a definitive agreement to acquire Studioplex City LLC , for 2,500,000 shares of FONU's Series B Preferred Shares ( $1.00 par value), convertible at a price of $0.10 per share. FONU also announced the appointment of Mr. Jake Shapiro , as Chairman of the Board of Director