FONU2 Issues Film Studio Construction Update

Staff Report From Savannah CEO

Thursday, July 16th, 2015

FONU2, Inc. announced today that bid packages for the initial construction of the main entrance, the road to the first phase, and water lines from the water tower to the first phase have been completed, and have been distributed to local contractors.

"We have had a number of local qualified contractors express their interest in bidding on this project," stated Steven Wohlfeil, Principal with Hussey Gay Bell, civil engineers for FONU2.  "We expect for bids to be received on July 21, 2015, and for the Company to award the contract in the first half of August 2015, pending issuance of required permits."