RINCON, GA--(Marketwired - May 19, 2015) - FONU2, Inc. (
Under the terms of the agreement, the initial loan amount under the EB-5 program will be for a minimum of Ten Million Dollars ($10,000,000) and a maximum of Forty Nine Million Dollars ($49,000,000).
"After significant research of various attorneys, investment bankers and EB-5 experts, I am very happy to have partnered with Lexden," stated Graham Bradstreet, Chief Financial Officer for FONU2 Inc. Mr. Bradstreet added, "While the EB-5 process can be somewhat lengthy, it is a proven high quality capital source for projects like ours."
David Soares, CEO of Lexden commented: "I have been following the progress of the Moon River Project for some time. It is very exciting, and I am highly confident that with our expertise, along with our global network, this will be a successful project and partnership."
About Lexden Capital:
Lexden provides capital and advisory services for companies, at either the project level or the holding company level. Lexden, along with strategic partners, are able to provide the following services to qualified companies:
- Financial advisory services -- corporate and project structuring.
- Invest directly at the corporate or project level.
- Underwrite, model and arrange, via existing strategic relationships, structured finance.
Source strategic relationships to enhance production efficiencies, lower cost of feedstock, structure off-take contracts to increase revenues or financing options and/or provide capital commitments to fuel a long term business plan.
About FONU2 Inc.:
FONU2 is a public private partnership film studio and production company that is developing a 1,560 acre full service production facility in Effingham, Georgia. The Company also has an e-commerce division that is actively seeking acquisitions to integrate into the social media networks vis a vis the FONU2 platform. For additional information, visit our website, www.Fonu2.com. You can also follow us on our social network, Facebook, Google + and Twitter.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and other risks and uncertainties described in the Company's periodic filings with the Securities and Exchange Commission.