FONU2 Announces Engagement of HDH Advisors
Tuesday, July 21st, 2015
FONU2, Inc. announced today that it has engaged Atlanta, Georgia based HDH Advisors, LLC ("HDH") to prepare the feasibility study in support of the Company's EB-5 application. EB-5 financing is a federally created program that facilitates foreign investment in United States based companies that generate new job creation. The proceeds from the financing will be utilized for the Company's construction of sound stages, offices, and film support services on its 1,560 acre property in Effingham County, Georgia.
HDH will be working closely with Lexden Capital, LLC ("Lexden") who are advising on and managing the EB-5 financed initial loan process expected to be between a minimum of Ten Million Dollars ($10,000,000) and a maximum of Forty Nine Million Dollars ($49,000,000).
Corley Thomas, Director in HDH's Atlanta office stated, "We are looking forward to working with the FONU2 management team and Lexden Capital on this substantial project."
Graham Bradstreet, CFO of FONU2, added, "Having worked previously with HDH, we have a huge level of respect for the skills and competence that HDH brings to our EB-5 application, and look forward to them working closely with us and the Lexden team."


