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
        
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