FONU >>RAY DIRKS RESEARCH REPORT //Market Alert: RAY DIRKS RESEARCH – FONU2, Inc. (FONU) Update – December 24, 2013 by Ray Dirks
MARKET ALERT by RAYDIRKS Research December 20, 2013
Market Alert – Follow-Up Report on FONU2, Inc. (FONU) December 20, 2013
Ray Dirks and his team of securities analysts and money managers suggests that readers/investors interested in rapidly growing, early stage micro-cap companies take a look at FONU2 for the probability of substantial capital appreciation from current levels, which are very depressed at around $0.05, probably due to the recent publicity concerning credit card fraud impacting the personal credit information of millions of customers of the large retail store chain, Target Corp.
Fortunately, one of the great strengths of FONU2 is that its talented and experienced management team has included a technologically state-of-the-art security system to combat credit card fraud schemes that might try to attack FONU2 customers who use its commerce/serving networking system.
On Tuesday, December 17th, FONU2 issued a press release headlined “FONU2, Social Commerce Pioneer, Implementing Multi-Layer Security Environment to Protect Customers – By Combining Best Practices From Top-Level Companies, FONU2 Ensures the Safest Social Commerce Experience for All Users”. The article says, “FONU2 (OTCBB: FONU), a social commerce company that provides a precision mobile sales and marketing platform that functions like an order reservations and booking system, is employing multiple layers of security to ensure its users are safe, regardless of the platform they utilize when accessing FONU2. FONU2, a modern day technology company and pioneer in the social commerce business model, is ensuring a secure environment for its customers by following best practices from The Open Web Application Security Project (OWASP), IBM, Cisco, Amazon Web Services (AWS), Rapid7, and Microsoft.
Network resources, source code, user accounts, access levels, network utilization protocols, and internal sensitive data are all secured based on the securities policies founded on the aforementioned best practices. In order to provide its users with the best possible experience, while serving an extremely large number of page requests and database queries, FONU2 found that AWS was the best possible platform to leverage not only performance but also security. AWS provides a large number of tools for companies looking to secure sensitive user data. While FONU2 itself does not store customer financial data, FONU2 still must achieve PCI DSS compliance. AWS provides services for evaluating as well as sharing the burden of PCI compliance, which makes deployment of a commerce application extremely easy and affordable.
Services like AWS IAM (Identity and Access Management) allow FONU2 to secure its platform internally by restricting access to network resources, such as databases, to a select few developers, and then removing access when needed. By coupling IAM with Multi Factor Authentication, FONU2 has
ensured that rogue employees are never able to “back door” servers for later access. Furthermore, a combination of AWS Security Groups, web server, gateway, honey pots/nets, FONEU2 firewalls, and IDS policies allow for detailed monitoring and access restriction to AWS access resources. A custom Linux kernel has been developed and deployed to remove all unused services and further reduce the surface area for future attacks. Real time monitoring tools have been developed from scratch to gather AWS Cloud Watch metric, as well as custom usage metrics to monitor for unusual usage or suspicious activity.
FONU2 will use product and services from companies like Microsoft, Amazon, Symantec, and Rapid7 for the purpose of sharing data about exploits, attacks, and vulnerability management. Regular vulnerability scans are performed, and data concerning bots, hack attempts, exploit code and user abuse are logged for analysis. Policies are written to be dynamic and grow based on the analysis of FONU2 logs and scans. Furthermore, by sharing data with the above-mentioned companies, and using their tools, FONU2 is able to tap some of the most cutting-edge technologies and brilliant minds in the cyber security field.
The increased focus on cyber security is key, not only for the FONU2, user, but for FONU2 as a whole. While it is not in the best interest to reveal details of FONU2?s security measures, the company will be demonstrating its security features in the upcoming weeks, in addition to overviews concerning transactions and coding.”
Int our Initial Article on FONU2, RAYDIRKS Research provided a wealth of material to our readers and other investors. We suggest that these readers and others go back to that article on September 29th and read it thoroughly, review the article with your advisers, and then consider purchasing the shares of FONU2 on or around the current price of $0.05 per share. At this price, the market capitalization of FONU2 is only $3.12 million.!
To summarize the Initial Article, FONU2, founded in 2009, is a rapidly growing, state-of-the-art United States-based business service company developing applications for enterprises to increase their revenues in a fashion that has never been done before successfully. FONU2 engages in commerce/service networking, providing local mobile applications. The company announced in September, 2013 its Unique Social Service Platform which leverages Social Networking and Distinctive Prepaid Reloadable Card. This beta launch of their distinctive social commerce platform via FONU2?s mobile app is fully integrated with Facebook and available for both Android and iOS, functioning like an order and booking reservation system.
With precise amalgamation with Facebook, instant transactions backed by Amazon Wallet, and access to list or trade goods or services to a global marketplace, the FONU2 mobile app is a ground-breaking way for users to capitalize on their social networks.
Listing any type of ad with the FONU2 mobile app is simple and quick. The FONU2 platform for social commerce helps sellers or posters get the most out of their ads through a wide range of marketing and design options and possibilities. Posting any type of ad is also free of charge. Only a small fee is incurred when an item or service sells. Sellers with FONU2 also have peace of mind that their transaction is safe, secure, instantaneous and backed by Amazon Wallet, as each sale is processed via FONU2?s prepaid reloadable card.
FONU2?s unique prepaid loadable card facilitates safe trading among global users. The FONU2 social commerce platform allows the 700 million solid daily user base of Facebook to engage in social media, start earning income, and market their services or products to a worldwide audience they never would have been able to access.
RAYDIRKS Research believes that FONU2 stock is an incredibly undervalued company as its stock is under-followed by Wall Street securities analysts and money managers. The stock has a market cap of just $19 million – very low for a company with an upside potential of perhaps 10 times or more within a year or two.
RAYDIRKS Research suggests that readers/investors place no more than 1% of the money they devote to common stocks in any one security. It’s best to diversify.!
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