FonU2 (FONU) 10-K/A 13 May 15 2014 FY Annual report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Sep. 30, 2014	13-May-15
Document and Entity Information:
Entity Registrant Name	FONU2 Inc.
Document Type	10-K
Document Period End Date	30-Sep-14
Amendment Flag	FALSE
Entity Central Index Key	1168325
Current Fiscal Year End Date	-21
Entity Common Stock, Shares Outstanding		233,724,615
Entity Public Float	$2,248,993
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	Yes
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

FONU2_Inc_Balance_Sheets

FONU2, Inc. - Balance Sheets (USD $)	Sep. 30, 2014	Sep. 30, 2013
Current assets
Cash	$15,643	$54,197
Inventory	9,007	7,520
Prepaid expenses	31,516	218,384
Total current assets	56,166	280,101
Property and Equipment, net	14,157	13,714
Other Assets
Security deposits	2,285	2,285
Total Assets	72,608	296,100
Current liabilities
Accounts payable and accrued expenses	7,866	29,685
Accrued interest payable	32,208	26,683
Payroll and payroll tax liabilities	10,002	86,000
Derivative liability	247,880	969,675
Notes payable	25,000	0
Convertible notes payable, net	195,320	61,439
Related party payable	18,000	188,300
Total Current Liabilities	530,276	1,433,782
Non-Current Liabilities
Notes payable	25,000	0
Total Non-Current Liabilities	25,000	0
Total Liabilities	555,276	1,433,782
Stockholders' Deficit
Preferred stock series A, 20,000,000 shares authorized, at $0.01 par value, -0- and -0- shares issued and outstanding, respectively	0	0
Preferred stock series B; 20,000,000 shares authorized, at $0.01 par value, -0- and -0- shares issued and outstanding respectively	0	0
Common stock; 2,000,000,000 shares authorized, at $0.001 par value, 124,913,633 and 67,052,502 shares issued and outstanding, respectively	124,913	67,052
Additional Paid-In Capital	39,793,452	37,840,793
Accumulated Deficit	-40,401,033	-39,045,527
Total stockholders' deficit	-482,668	-1,137,682
Total liabilities and stockholders' deficit	$72,608	$296,100

FONU2_Inc_Balance_Sheets_Paran

FONU2, Inc. - Balance Sheets (Parantheticals)(USD $) (USD $)	Sep. 30, 2014	Sep. 30, 2013
Statement of Financial Position
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	2,000,000,000	2,000,000,000
Common stock, shares issued	124,913,633	67,052,502
Common stock, shares outstanding	124,913,633	67,052,502
Preferred stock, series A, par value (in dollars per share)	$0.01	$0.01
Preferred stock, series A, shares authorized	20,000,000	20,000,000
Preferred stock, series A, shares issued	0	0
Preferred stock, series A, shares outstanding	0	0
Preferred stock, series B, par value (in dollars per share)	$0.01	$0.01
Preferred stock, series B, shares authorized	20,000,000	20,000,000
Preferred stock, series B, shares issued	0	0
Preferred stock, series B, shares outstanding	0	0

FONU2_Inc_Statement_of_Operati

FONU2, Inc. - Statement of Operations (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Income statement
Revenue	$343,453	$282,009
Cost of Sales	158,370	117,283
Gross Profit	185,083	164,726
Operating expenses:
Depreciation	4,476	2,141
Product development	431,993	278,050
Compensation	141,170	551,648
Professional fees	982,594	494,318
General and administrative	113,614	164,234
Total operating expenses	1,673,847	1,490,391
Loss From Operations	-1,488,764	-1,325,665
Other Expenses
Interest expense	-462,959	-191,853
Gain on settlement of debt	12,602	118,551
Loss on derivative liability	583,615	-303,973
Total Other Expenses	133,258	-377,275
Income (Loss) Before Income Taxes	-1,355,506	-1,702,940
Provision for Income Taxes	0	0
Net Income (Loss)	($1,355,506)	($1,702,940)
Basic and Diluted Income (Loss) per Share	($0.02)	($0.03)
Weighted Average Number of Common Shares Outstanding	87,551,511	58,648,828

FONU2_Inc_Statements_of_Stockh

FONU2, Inc. - Statements of Stockholders' Deficit (USD $)	Total	Preferred Series A	Preferred Series B	Common Stock	Additional Paid in Capital	Accumulated Deficit	Total Stockholders' Deficit
Balance at start of period at Sep. 30, 2012		$0	$0	$66,676	$37,144,409	($37,342,587)	($131,502)
Share balance at start of period at Sep. 30, 2012		0	0	66,676,182
Cancellation of common stock, shares		0	0	-27,958,306
Cancellation of common stock, monetary		0	0	-27,959	27,959	0	0
Common stock issued for services rendered, shares		0	0	10,581,515
Common stock issued for services rendered, monetary		0	0	10,582	463,719	0	474,301
Common stock issued for prepaid services, shares		0	0	1,500,000
Common stock issued for prepaid services, monetary		0	0	1,500	253,500	0	255,000
Common stock issued for conversion of notes payable and other debts, shares		0	0	10,003,111
Common stock issued for conversion of notes payable and other debts, monetary		0	0	10,003	204,256	0	214,259
Reclassification of derivative liabilities on conversions of debt, shares		0	0	0
Reclassification of derivative liabilities on conversions of debt, monetary		0	0	0	221,200	0	221,200
Common stock issued for cash, shares		0	0	6,250,000
Common stock issued for cash, monetary		0	0	6,250	243,750	0	250,000
Derivative recognized on warrants granted		0	0	0	-718,000	0	-718,000
Net income (loss) for the year		0	0	0	0	-1,702,940	-1,702,940
Balances at end of period at Sep. 30, 2013	-1,137,682	0	0	67,052	37,840,793	-39,045,527	-1,137,682
Share balances at end of period at Sep. 30, 2013		0	0	67,052,502
Common stock issued for conversion of notes payable and other debts, shares		0	0	38,293,299
Common stock issued for conversion of notes payable and other debts, monetary		0	0	38,293	463,672	0	501,965
Common stock issued in exercise of stock options, shares		0	0	2,250,000
Common stock issued in exercise of stock options, monetary		0	0	2,250	87,750	0	90,000
Common stock issued for services, shares		0	0	13,841,680
Common stock issued for services, monetary		0	0	13,842	636,400	0	650,242
Common stock issued for the settlement of accounts payable, shares		0	0	226,152
Common stock issued for the settlement of accounts payable, monetary		0	0	226	14,112	0	14,338
Reclassification of derivative liabilities on conversions of debt		0	0	0	623,975	0	623,975
Common stock issued for cash, shares		0	0	3,250,000
Common stock issued for cash, monetary		0	0	3,250	126,750	0	130,000
Net income (loss) for the year		0	0	0	0	-1,355,506	-1,355,506
Balances at end of period at Sep. 30, 2014	($482,668)	$0	$0	$124,913	$39,793,452	($40,401,033)	($482,668)
Share balances at end of period at Sep. 30, 2014		0	0	124,913,633

1_Business_Basis_of_Presentati

1. Business, Basis of Presentation and Significant Accounting Policies	12 Months Ended
	Sep. 30, 2014
Notes
1. Business, Basis of Presentation and Significant Accounting Policies	1.         BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
	Nature of Business
	FONU2, Inc. (“the Company”) was organized on August 26, 2009, under the laws of the State of Florida, as Cygnus Internet, Inc. The Company operates two business units; a comic book and collectibles retail business and a social commerce business currently under development.
	Basis of Presentation
	The Company prepares its financial statements on the accrual basis of accounting. Management believes that all adjustments necessary for a fair presentation of the results of the years ended September 30, 2014 and 2013 have been made. The Company currently does not have any subsidiaries.
	Significant Accounting Policies
	The Company’s management selects accounting principles generally accepted in the United States of America and adopts methods for their application.  The application of accounting principles requires the estimating, matching and timing of revenue and expense.  It is also necessary for management to determine, measure and allocate resources and obligations within the financial process according to those principles.  The accounting policies used conform to generally accepted accounting principles which have been consistently applied in the preparation of these financial statements.
	The financial statements and notes are representations of the Company’s management that is responsible for their integrity and objectivity.  Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud.  The Company's system of internal accounting control is designed to assure, among other items, that 1) recorded  transactions are valid;  2) valid  transactions  are recorded;  and  3) transactions  are recorded in the proper  period in a timely  manner to produce financial  statements which present fairly the financial  condition,  results of operations  and cash  flows of the  Company for the  respective  periods  being presented.
	Reverse-Merger Transaction
	On December 2, 2011, the stockholders of Zaldiva, Inc., a Florida corporation (“Zaldiva”) approved Zaldiva’s change of domicile from the state of Florida to the state of Nevada.  The change of domicile was effectuated by merging Zaldiva into its newly-formed wholly-owned subsidiary, FONU2 Inc., a Nevada corporation formerly known as Zaldiva, Inc. (“FONU2”), with every share of Zaldiva’s common and preferred stock automatically being converted into one-half of one corresponding share of FONU2, and with all fractional shares that would otherwise result from such conversion being rounded up to the nearest whole share.  Zaldiva and FONU2 filed Articles of Merger in the States of Florida and Nevada on December 2, 2011.  The change of domicile and de facto reverse-split were effectuated on January 9, 2012.
	On March 6, 2012, the Company executed an Agreement and Plan of Reorganization (the “Agreement”) with FONU2, and Jeffrey M. Pollitt, who is the Company’s Chief Executive Officer and the holder of approximately 37% of the Company’s outstanding shares of common stock.  Under the Agreement, FONU2 acquired all of the material assets of the Company in exchange for 53,411,262 “unregistered” and “restricted” shares of FONU2’s common stock, which represented approximately 85% of FONU2’s issued and outstanding common stock upon issuance, with such shares to be issued pro rata to the Company’s common stockholders.
	The Agreement was accounted for as a reverse-merger recapitalization transaction, with FONU2 as the accounting acquirer, and Zaldiva as the legal acquirer.  The historical financial statements presented herein for the period prior to the merger date are those of FONU2.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Earnings (Loss) per Share
	The Company computes net income (loss) per share in accordance with ASC 260 which requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.  There are no such common stock equivalents outstanding as of September 30, 2014 and 2013.
	Reclassification
	Certain account totals and other figures from prior periods have been reclassified to conform to current period presentation.
	Comprehensive Income
	ASC 220 establishes standards for reporting and display of comprehensive income and its components in a full set of general purpose financial statements.  For the years ended September 30, 2014 and 2013, the Company had no items of other comprehensive income.  Therefore, the net loss equals the comprehensive loss for the years then ended.
	Emerging Growth Company Critical Accounting Policy Disclosure
	The Company qualifies as an “emerging growth company” under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards.   As an emerging growth company, the Company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies.     The Company may elect to take advantage of the benefits of this extended transition period in the future.
	Cash and Cash Equivalents
	For purposes of the Statement of Cash Flows, the Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.
	Property and Equipment
	Property and equipment is recorded at cost.  Major additions and improvements are capitalized and depreciated over their estimated useful lives.  Depreciation of property and equipment is determined using the straight-line method over their useful lives, which ranges from three to five years.  Gains or losses on the sale or disposal of property and equipment are included in the statements of operations. Maintenance and repairs that do not extend the useful life of the assets are expensed as incurred.
	Inventory
	The Company’s inventory consists of various comic books, toys, and other collectible items.  These items are purchased from external suppliers.  The inventory items are recorded and valued at cost. Management performs periodic reviews of its slow-moving inventory for possible impairment.  When slow-moving inventory is identified, its cost is also adjusted so as to represent the lower of cost or market at all times.
	Revenue Recognition
	The Company's revenues are generated from the sales of various comic books, toys, and other collectible items.  Sales are transacted primarily through the Company’s website, via credit card order; or through eBay, via Paypal or e-check transaction.  The Company follows guidance found in ASC 605, which provides guidance on the recognition, presentation and disclosure of revenue in financial statements.
	ASC 605 outlines the basic criteria that must be met to recognize revenue and provides guidance for disclosure related to revenue recognition policies. In general, the Company recognizes revenue related to merchandise sales when the following conditions are met:
	a)      Persuasive evidence of an arrangement exists,
	b)      Delivery has occurred or services have been rendered,
	c)      The fee is fixed or determinable,
	d)     Collectability is reasonably assured.
	Cost of Sales
	When an inventory item is sold, the Company recognizes cost of sales expense for the value of the inventory item sold.  This value includes the purchase price of the inventory item, plus any expenditure on improvements to the inventory items.  Shipping costs are not included in cost of sales calculations.
	Accounting Basis
	The basis is accounting principles generally accepted in the United States of America.  The Company has adopted a September 30 fiscal year end.
	Stock-Based Compensation.
	The Company accounts for share-based compensation in accordance with Accounting Standards Codification subtopic 718-10, Stock Compensation (“ASC 718-10”). This requires the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors, including employee stock options and employee stock purchases related to an Employee Stock Purchase Plan based on the estimated fair values.
	Research and Development.
	Research and development cost are charged to operations as incurred.
	Recent Accounting Pronouncements
	The Company has evaluated recent accounting pronouncements and their adoption has not had nor is not expected to have a material impact on the Company’s financial position or statements.

2_Going_Concern

2. Going Concern	12 Months Ended
	Sep. 30, 2014
Notes
2. Going Concern	2.         GOING CONCERN
	The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern.  However, the Company has accumulated deficit of $(40,401,033) as of September 30, 2014, and negative working capital of $474,110.  During the year ended September 30, 2014 the Company realized negative cash flows from operations totaling $(660,135).  The Company currently has limited liquidity, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. These items raise substantial doubt about its ability to continue as a going concern.
	Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

3_Convertible_Notes_Payable

3. Convertible Notes Payable	12 Months Ended
	Sep. 30, 2014
Notes
3. Convertible Notes Payable	3.         CONVERTIBLE NOTES PAYABLE
	As of September 30, 2014 and September 30, 2013, the Company had net totals of $195,320 and $61,439 in outstanding convertible notes payable, respectively.
				30-Sep-14							30-Sep-13
	Convertible Debt	Note Date	Maturity Date	Face value		Discount			Net		Face value		Discount			Net
	Loan #1	9/30/11	Demand		-					-		50,000					50,000
	Loan #2	3/11/13	12/16/13							-		43,500		(32,061	)		11,439
	Loan #4	11/6/13	8/8/14		51,560		-			51,560
	Loan #5	1/24/14	10/28/14		78,500		(23,290	)		55,210
	Loan #6	4/11/14	4/11/15		103,000		(54,463	)		48,537
	Loan #7	11/13/13	11/13/15		94,990		(54,977	)		40,013
					328,050		(132,730	)		195,320		93,500		(32,061	)		61,439
	During 2011, the Company entered into two debt agreements for a total of $75,000.  The notes carry interest at 10% and are convertible into shares of the Company’ common stock at a discount of 30% to the market price of the Company’s common stock, however the conversion price can be no lower than $0.10 or higher than $0.50.  During the year ended September 30, 2013 the Company converted $25,000 of this debt into 243,055 shares of the Company’s common stock.  During the year ended September 30, 2014, the remaining principal of $50,000 and accrued interest of $12,500 was assigned to a new holder.
	During 2013, $58,000 of notes payable that were previously not convertible became convertible.  The embedded conversion options in these notes are required to be classified as liabilities.  See Note 7. The note payable was due on February 2, 2013, and the Company incurred an additional $29,000 owed as part of the principal of the note due to being in default. During the year ended September 30, 2013, the lender converted $87,000 of the note payable. As of September 30, 2014 and September 30, 2013, the note had an outstanding principal of zero.
	On March 11, 2013 the Company entered into a convertible promissory note with an unrelated third party, wherein the Company borrowed $78,500.  A total of $23,500 of the proceeds was paid directly to the Company’s vendors by the lender. The principal accrues interest at a rate of eight percent per annum and is due in full on December 16, 2013.  The note is convertible at the option of the holder at any point at least 180 days from the note date at a 42 percent discount to the average of the three lowest closing prices during the ten day period prior to conversion.  The note will accrue interest at a rate of 22 percent per annum should the Company default. The Company analyzed the conversion option for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the instrument should be classified as liabilities once the conversion option becomes effective after 180 days due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.  During the year ended September 30, 2013 the lender converted $35,000 of the note principal into 417,224 shares of the Company’s common stock.  During the nine months ended June 30, 2014 the lender converted the remaining $43,500 note principal into 1,102,411 shares of the Company’s common stock.  As of September 30, 2014 and September 30, 2013 the note had an outstanding principal balance of $0 and $43,500, respectively.  As of September 30, 2014 accrued interest on this note totaled $3,422.
	On November 6, 2013 the Company entered into a convertible promissory note with an unrelated third party whereby the Company borrowed $128,500, with initial debt discount of $18,500.  The principal accrues interest at a rate of eight percent per annum and is due in full on August 8, 2014.  The note became convertible on May 5, 2014 at a 42 percent discount to the average of the three lowest closing prices during the ten day period prior to conversion.  The note will accrue interest at a rate of 22 percent per annum should the Company default. The Company analyzed the conversion option for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the derivative instrument should be classified as a liability once the conversion option becomes effective due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.  During the year ended September 30, 2014 the lender converted $76,940 of the note principal into 15,415,891 shares of the Company’s common stock.  As of September 30, 2014 the remaining principal balance on this note was $51,560.
	On November 13, 2013 the Company entered into a promissory note with an unrelated third party whereby the Company agreed to borrow a maximum of $300,000.  Each borrowing under the terms of the note, along with specific accrued interest is due two years from the date the specific funds are received by the Company. All borrowings under the terms of this note are subject to a 10% original issue discount such that the consideration due back to the lender is equal to cash proceeds actually received plus ten percent of the amount borrowed. Through June 30, 2014, the Company had borrowed $137,500, with initial debt discount of $12,500 pursuant to this promissory note. The note is exempt from interest for the 90 days after the note date; after 90 days the unpaid principal balance shall accrue interest at a rate of 12 percent per annum.  The note became convertible into shares of the Company’s common stock on May 12, 2014 at 60 percent of the lowest trade price in the 25 trading days previous to the conversion. The Company analyzed the conversion option for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the derivative instrument should be classified as a liability once the conversion option becomes effective due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.  During the year ended September 30, 2014 the lender converted $42,510 of the note principal into 9,700,000 shares of the Company’s common stock.  As of September 30, 2014 the remaining principal balance on this note was $94,990.
	On April 11, 2014 the Company entered into a convertible promissory note with an unrelated third party, wherein the Company borrowed $103,000. The principal accrues interest at a rate of eight percent per annum and is due in full on April 11, 2015.  The note is convertible at the option of the holder at any point after the note date at a 40 percent discount to the average of the three lowest closing prices during the ten day period prior to conversion.  The note will accrue interest at a rate of 22 percent per annum should the Company default. The Company analyzed the conversion option for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the derivative instrument should be classified as a liability when the conversion option became effective after the note date due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.  As of September 30, 2014 the principal balance on this note remained at $103,000.
	On April 11, 2014 the Company assigned $50,000 of principal and $12,500 of interest to a new holder who issued a replacement note.  The principal accrues interest at a rate of eight percent per annum and is due in full on April 11, 2015.  The note is convertible at the option of the holder at any point after the note date at a 40 percent discount to the lowest closing price during the five day period prior to conversion. The Company analyzed the modification of the term under ASC 470-60 “Trouble Debt Restructurings” and ASC 470-50 “Extinguishment of Debt”. The Company determined the modification is substantial and the transaction should be accounted for as an extinguishment with the old debt written off and the new debt initially recorded at fair value with a new effective interest rate. The Company analyzed the conversion option of the new debt for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the derivative instrument should be classified as a liability when the conversion option became effective after the note date due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.  During the year ended September 30, 2014 the lender converted all $62,500 of the note principal, along with $515 in accrued interest, into 9,674,997 shares of the Company’s common stock.  As of September 30, 2014 the remaining principal balance on this note was $-0-
	On January 24, 2014 the Company entered into a Securities Purchase Agreement with an unrelated third-party entity in connection with a convertible note whereby the Company borrowed $78,500.  The note principal bears interest at a rate of eight percent per annum and will accrue interest at a rate of 22 percent per annum should the Company default.  The note principal and any unpaid accrued interest is due in full on or before October 28, 2014.  The note is convertible at the option of the holder at any point at least 180 days from the note date at a 42 percent discount to the average of the three lowest closing prices during the ten day period prior to conversion.  As of September 30, 2014 accrued interest on this note totaled $4,284.
	During the year ended September 30, 2013 the Company recorded a debt discount totaling $168,902 relating to the derivative features and original issue discounts of the convertible debts. Of this amount, $136,841 was amortized to interest expense during the year ended September 30, 2013, leaving total unamortized debt discounts of $32,061 as of September 30, 2013.  During the year ended September 30, 2014, the Company recorded additional debt discounts totaling $485,795, and amortized a total $416,126 to interest expense, leaving total unamortized debt discounts of $132,730 as of September 30, 2014.

4_Notes_Payable

4. Notes Payable	12 Months Ended
	Sep. 30, 2014
Notes
4. Notes Payable	4.         NOTES PAYABLE
	As of September 30, 2014 and September 30, 2013, the Company had total of $44,000 and $19,000 in outstanding notes payable respectively.
				30-Sep-14			30-Sep-13
	Notes Payable	Note Date	Maturity Date	Face value	Discount	Net	Face value	Discount	Net
	Current
	Loan #1	5/1/12	Demand	19,000	-	19,000	19,000	-	19,000
	Loan #2	6/12/13	3/14/14	-	-	-	53,000	-	53,000
				19,000	-	19,000	72,000	-	72,000
	Non-Current
	Loan #3	8/26/14	8/25/17	25,000	-	25,000	-	-	-
				25,000	-	25,000	-	-	-
	On May 1, 2012 the Company entered into a loan agreement with an unrelated third party. The note principal bears interest at a rate of 10 percent per annum and due on demand. At September 30, 2014 and 2013, the entire $19,000 principal balance remained outstanding, along with $3,800 in accrued interest.
	On June 12, 2013 the Company entered into a convertible promissory note with an unrelated third party, wherein the Company borrowed $53,000.  $3,000 of the proceeds was paid directly to the Company’s vendors by the lender.  The principal accrues interest at a rate of eight percent per annum and is due in full on March 14, 2014.  The note is convertible at the option of the holder at any point at least 180 days from the note date at a 42 percent discount to the average of the three lowest closing prices during the ten day period prior to conversion.  The note will accrue interest at a rate of 22 percent per annum should the Company default. The Company analyzed the conversion option for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the derivative instrument should be classified as a liability when the conversion option became effective after 180 days due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.  As of September 30, 2013 the principal balance on this note remained at $53,000.  The note became convertible on December 19, 2013.  The Company recognized an initial derivative liability in the amount of $30,769 pursuant to the debt discount on the note.  On December 20, 2013 the Company paid the note principal, along with all accrued interest, down to zero.  In satisfying the note, the Company recognized a loss on derivative liability in the amount of $9,088 and amortized $7,125 of the debt discount to interest expense.  The remaining $23,644 debt discount was closed to interest and the $39,857 derivative liability was closed to additional paid-in capital.
	On August 26, 2014 the Company entered into a $25,000 convertible debenture note agreement with an unrelated third party.  The note accrues interest at a rate of 12 percent per annum and is due on August 25, 2017.  Pursuant to the terms of the note, the principal can be converted into shares of the Company’s common stock, at the option of the lender, at any time after six months and up to one year from the note date at a 20 percent discount to the market price of the shares.  The discount will be 25 percent if converted between one and two years, and will be 30 percent if converted after two years.  The maximum conversion price will be $0.50 per share.  As of September 30, 2014, accrued interest on the note totaled $288.

5_Related_Party_Notes_Payable

5. Related Party Notes Payable	12 Months Ended
	Sep. 30, 2014
Notes
5. Related Party Notes Payable	5.         RELATED PARTY NOTES PAYABLE
	During the period ended September 30, 2013 the Company borrowed an aggregate amount of $13,000 from its CMO, Niccole Leigh. The Company repaid this amount in full during the period.
	During the period ended September 30, 2013 the Company borrowed an aggregate amount of $188,300 from its former CEO, Jeff Pollitt. The note is unsecured, bears no interest and is due on demand.
	On October 14, 2013 the Company converted the $188,300 note payable due to its former CEO, along with accrued interest of $7,419 and accrued wages payable totaling $86,000, into 2,400,000 shares of the Company’s common stock.  Pursuant to this transaction, the liabilities were considered fully satisfied, and the Company recognized a $5,719 gain on settlement of debts.
	On August 5, 2014 the Company borrowed $18,000 from a related party (former CEO Robert Lees) in the form of a note payable.  The note accrues interest at a rate of 12 percent per annum, is unsecured, and is due on demand.
	As of September 30, 2014 and 2013, the Company had $18,000 and $188,300, respectively, in outstanding related party payables.

6_Fair_Value_Measurements

6. Fair Value Measurements	12 Months Ended
	Sep. 30, 2014
Notes
6. Fair Value Measurements	6.         FAIR VALUE MEASUREMENTS
	As defined in FASB ASC 820, fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilized the market data of similar entities in its industry or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. FASB ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).
	The three levels of the fair value hierarchy are as follows:
	Level 1    –	Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities.
	Level 2     -	Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date and includes those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry-standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars.
	Level 3     –	Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value.
	The following table sets forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for at fair value as September 30, 2014 and 2013
	30-Sep-14
	Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total
	LIABILITIES:
	Derivative liability		-		--		247,880		247,880
	30-Sep-13
	Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total
	LIABILITIES:
	Derivative liability		-		--		969,675		969,675

7_Derivative_Instruments

7. Derivative Instruments	12 Months Ended
	Sep. 30, 2014
Notes
7. Derivative Instruments	7.         DERIVATIVE INSTRUMENTS
	During 2013, the Company issued debt instruments that were convertible into common stock at a 42 percent discount to the average of the three lowest closing prices during the ten day period prior to conversion. During the year ended September 30, 2014 the Company issued additional debt instruments under the same terms, as well as additional debt instruments convertible into common stock at a 40% discount to the lowest trading price in the 25 trading days previous to conversion, 60% discount to the average of the three lowest closing prices during the ten day period prior to conversion.  The conversion options embedded in these instruments contain no explicit limit to the number of shares to be issued upon settlement and as a result are classified as liabilities under ASC 815. Additionally, because the number of shares to be issued upon settlement is indeterminate, all other share settle-able instruments must also be classified as liabilities. A debt discount of $168,902 was recorded as a result of these derivative liabilities, $136,841 of which was amortized into interest expense for the year ended September 30, 2013.  During the period ended September 30, 2014, debt discount of $485,795 was recorded as a result of new derivative liabilities, $416,126 of which was amortized into interest expense for the period ending September 30, 2014.
	During 2013, certain notes payable were converted resulting in settlement of the related derivative liabilities.  The Company re-measured the embedded conversion options at fair value on the date of settlement and recorded these amounts to additional paid-in capital.
	The following table summarizes the changes in the derivative liabilities during the period ended September 30, 2014:
	Balance as of September 30, 2012	$	-
	Additions due to new convertible debt and warrants issued		900,933
	Reclassification of derivative liabilities to additional paid-in capital due to conversion of debt		-221,200
	Change in fair value		289,942
	Balance as of September 30, 2013	$	969,675
	Additions due to new convertible debt and warrants issued		485,795
	Reclassification of derivative liabilities to additional paid-in capital due to conversion of debt		-623,975
	Change in fair value		-583,615
	Balance as of September 30, 2014	$	247,880
	During the period ended September 30, 2013, the loss on derivative of $(303,973) in the statement of operations consisted of a loss on the change in fair value of $289,942 noted above and a loss of $14,031, which was the amount by which the derivative liabilities exceeded the principal of the related party payable on the date the notes were issued.
	The Company uses the Black Scholes Option Pricing Model to value its derivatives based upon the following assumptions: 2014: dividend yield of -0-%, volatility of 174-449%, risk free rate of 0.11-0.18% and an expected term of 0.25 to one year; 2013: dividend yield of -0-%, volatility of 86-693%, risk free rate of 0.12-0.18% and an expected term of 0.25 to one year

8_Common_Stock

8. Common Stock	12 Months Ended
	Sep. 30, 2014
Notes
8. Common Stock	8.         COMMON STOCK
	During the year ended September 30, 2013 the Company issued 10,581,515 shares of common stock for services valued at $474,301.
	On February 27, 2013, Jeff Pollitt, the Company’s CEO, resigned his position with the Company.  Pursuant to this resignation, Mr. Pollitt returned 15,000,000 of his 22,796,962 shares of the Company’s common back to the Company.  The 15,000,000 shares were cancelled by the Company immediately upon receipt.
	During the year ended September 30, 2013 the Company issued 10,003,111 for the conversion of notes payable and other debts in the amount of $214,259.
	During the year ended September 30, 2013 the Company issued 6,250,000 shares of common stock for cash proceeds of $250,000. 6,250,000 warrants were issued with the common shares, which can be exercised at a price of $0.04 per share. These warrants qualify for derivative accounting, see note 7.
	During the year ended September 30, 2013 the Company issued 1,500,000 shares of common stock for prepaid services valued at fair market value of $255,000. The consulting services will be provided for one year commencing 8/1/2013.
	During the year ended September 30, 2014 the Company issued 3,250,000 shares of common stock for cash proceeds of $130,000.  The Company issued an additional 2,250,000 shares of common stock upon the exercise of warrants at $0.04 per share, resulting in cash proceeds in the amount of $90,000.
	During the year ended September 30, 2014 the Company issued an aggregate of 35,893,299 shares of common stock for the conversion of $225,965 notes payable and 2,400,000 shares of common stock for the conversion of other debts totaling $276,000. The conversion rates ranged from $0.0013 to $0.0677. The Company recorded a gain on the conversion of other debts of $5,719.
	On January 30, 2014 the Company entered into an agreement with an unrelated public relations firm.  Pursuant to the agreement, the firm will provide public relations services for the Company for a term of six months.  As payment for these services, the Company issued 500,000 shares of common stock valued at fair market value of $24,600 on the agreement date, and issued an additional 700,000 shares on May 2, 2014 at fair market value of $41,930 at the beginning of month four of the agreement term.
	On April 4, 2014 the Company issued 6,625,000 shares of common stock to various individuals as consideration for services rendered. These shares had a fair market value of $463,750.  In addition, the Company agreed to issue an aggregate of 385,000 shares of common stock per quarter to various individuals as compensation for services to be rendered.
	On April 15, 2014 the Company executed an engagement letter with a non-related third party entity to provide certain services in relation to a public offering of the Company’s common stock.  Pursuant to the agreement, the firm will provide services for the Company for a term of one year.  As payment for these services, the Company issued 823,723 shares of common stock valued at fair market value of $50,000 on the agreement date.
	On April 22, 2014 the Company issued 226,152 shares of common stock to settle accounts payable from legal and professional services rendered.  The fair value of the shares issued is $14,338, no gain or loss was recorded on the settlement of accounts payable.
	On April 22, 2014 the Company issued 732,314 shares of common stock with a fair value of $51,262 for consulting services rendered.
	On April 25, 2014 the Company issued 75,643 shares of common stock with a fair value of $5,000 for professional fees rendered.
	On August 25, 2014 the Company issued 4,000,000 shares of common stock to a third party consulting entity as payment for a one-year consulting services contract.  The shares were valued at $0.0033 per share, being the market value of the shares on the date of issuance which is $13,200.
	On September 30, 2014 the Company issued an aggregate of 385,000 shares of common stock with a fair market value of $501, to various third parties as payment for consulting and administrative services rendered.

9_Warrants

9. Warrants	12 Months Ended
	Sep. 30, 2014
Notes
9. Warrants	9.         WARRANTS
	A summary of the status of the Company’s options and warrants as of September 30, 2014 and 2013 and changes during the periods ended September 30, 2014 and 2013 is presented below:
	Description	Warrant Shares		Exercise Price		Value if Exercised
	Outstanding at 9/30/12		-		-		-
	Granted		6,250,000	$	0.04	$	1,062,500
	Exercised		-		-		-
	Cancelled		-		-		-
	Expired		-		-		-
	Outstanding at 9/30/13		6,250,000		0.04		1,062,500
	Granted		-		-		-
	Exercised		2,250,000		0.04		90,000
	Cancelled		-		-		-
	Expired		4,000,000		0.04		160,000
	Outstanding at 9/30/14		-	$	-	$	-
	The warrants granted during the year ended September 30, 2013 were granted in connection with the a private placement offering whereby the Company is authorized to issue up to 6,500,000 units, with each unit consisting of one share of the Company’s common stock and one warrant to purchase one share of the Company’s common stock at an exercise price of $0.04 per share.  The units were sold for $0.04 per unit, resulting in total cash proceeds of $250,000.  The warrants were valued using the Black-Scholes Options Pricing Model using the following assumptions: dividend yield of -0-%, volatility of 86-693%, risk free rate of 0.12-0.18% and an expected term of 0.25 to one year.
	During the year ended September 30, 2014 2,250,000 warrants were exercised at $0.04 per share, resulting in cash proceeds in the amount of $90,000. Additionally during the year ended September 30, 2014 4,000,000 warrants expired.

10_Income_Taxes

10. Income Taxes	12 Months Ended
	Sep. 30, 2014
Notes
10. Income Taxes	10.       INCOME TAXES
	The Company provides for income taxes under ASC 740, Accounting for Income Taxes. ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. The Company’s predecessor operated as entity exempt from Federal and State income taxes.
	ASC 740 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.
	The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 39% to net the loss before provision for income taxes for the following reasons:
			30-Sep-14			30-Sep-13
	Income tax expense at statutory rate		$	-460,534		$	-579,000
	Common stock issued for services			246,533			161,262
	Amortization			141,483			46,526
	Impairment expense			2,557			0
	Change in valuation allowance			69,962			371,211
	Income tax expense per books		$	0		$	0
	Net deferred tax assets consist of the following components as of:
		30-Sep-14			30-Sep-13
	NOL carryover	$	-876,534		$	-416,000
	Valuation allowance		876,534			416,000
	Net deferred tax asset	$	0		$	0
	Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $2,500,000 for federal income tax reporting purposes are subject to annual limitations. When a change in ownership occurs, net operating loss carry forwards may be limited as to use in future years.

11_Subsequent_Events

11. Subsequent Events	12 Months Ended
	Sep. 30, 2014
Notes
11. Subsequent Events	11.       SUBSEQUENT EVENTS
	On October 1, 2014 Robert Lees resigned as President and CEO and Roger Miguel who had served as Chief Operating Officer was appointed President and CEO.  Robert Lees remained in the company and on the Board of Directors.
	On October 3, 2014 Robert Lees resigned as CFO and as Director.  Roger Miguel assumed the role of Interim CFO.  The Board of Director position was left vacant.
	On November 10, 2014 the Company entered into an Independent Contractor Agreement with a third party, pursuant to which the Company issued 17,500,000 shares of common stock as an initial payment.
	Subsequent to September 30, 2014 the Company issued an aggregate of 16,977,930,591 pre-split shares (42,444,826 post-split) shares of common stock upon conversion of debts in the amount of $822,099.
	The following resolution was duly adopted by the Board of Directors of the Company effective as of December 5, 2014: pursuant to authority conferred upon the Board of Directors by the Articles of Incorporation, as amended, of the Company, which authorizes the issuance of up to twenty million (20,000,000) shares of preferred stock, par value $0.001 per share, and by the bylaws of the Company.
	It was resolved that pursuant to authority expressly granted to and vested in the Board of Directors of the Company by the Company's Articles of Incorporation, the Board of Directors hereby creates a series of preferred stock, herein designated and authorized as the Series B Convertible Preferred Stock, par value $0.01 per share, which shall consist of Two Million Five Hundred Thousand (2,500,000) of the twenty million (20,000,000) shares of preferred stock which the Company now has authority to issue, and the Board of Directors hereby fixes the powers, designations and preferences and the relative, participating, optional and other special rights of the shares of each such class and series, and the qualifications, limitations and restrictions thereof. The Series B Convertible Preferred Stock shall be entitled to vote on all matters submitted to for a vote to holder of Common stock as if they held five hundred shares of Common stock for each share of Series B Preferred stock. The conversion price of the Series B Convertible Preferred Stock is $0.10 per share.
	On December 3, 2014 the Company issued an aggregate of 770,000 shares of common stock to various individuals as compensation for services rendered. This payment was for the first two quarters.  Subsequently this program was terminated.
	On December 8, 2014, the Company entered into a purchase agreement with Studioplex City, LLC, (”SC”) a Georgia based limited liability company and Jake Shapiro (“Shapiro”), the owner of all membership interests of SC. Pursuant to this agreement, the Company paid Shapiro $2.5 Million in the form of 2,500,000 Series B convertible preferred shares, which were issued to him on December 12, 2014. In return, the Company received 100% of the membership interests of SC.As part of the purchase agreement The Company has formed Studioplex City Acquisition Corp., as a wholly owned subsidiary of the Company. The closing shall take place through this subsidiary. As a result of this transaction Shapiro directly owns 67% of the voting securities of the Company, causing a change of control of the Registrant.
	On December 8, 2014 the Company elected Shapiro as a director and Chairman of the Board of Directors of the Company. Mr. Shapiro was formerly a director of Medient Studios, Inc. (now Moon River Studios, Inc.).
	On February 8, 2014, the Company completed a 400:1 reverse stock split.
	On February 10, 2015, the Company acquired the lease of a 1,560 acre property located in Effingham County, Georgia from Moon River. The purchase price was $10,000,000 and 10,000,000 post-split shares (4,000,000,000 pre-split shares) of FONU2 common stock.  Terms of the purchase agreement require that the FONU2 shares be registered and distributed to all Moon River shareholders as of record date February 10, 2015.  In addition to the lease, the Company has acquired certain intellectual property and trademarks associated with the project. The property has an independently appraised value in excess of $22,000,000.  Included under terms of the original lease, Memorandum of Understanding and supplemental agreement (i) the Company is responsible for an agreed amount of job creation and capital investment in the property, (ii) All property taxes for the property have been waived for the term of the lease, (iii) the property may be purchased at any time with no prepayment penalties,  (iv) at the end of the lease, the property may be purchased for $100. FONU2 has assumed the $10,000,000 note secured by the property. The note has an interest rate of zero percent with a 20 year term.
	On February 12, 2014 300,000 post-split (120,000,000 pre-split) shares were issued to Roger Miguel and 73,500 post-split (24,900,000 pre-split) shares were issued to an unrelated third party as a performance bonus.
	On February 12, 2015, the Company acquired the worldwide distribution rights for the movie Yellow. Under terms of the agreement, FONU2 will receive, in addition to a profit share, a 10% (ten percent) distribution fee, and a 20% (twenty percent) return on all funds expended associated with the acquisition of the rights, print and advertising, marketing, and other expenses associated with the release of the movie. As consideration, FONU2 has committed to provide these costs and fees, along with the assumption of $540,000 of costs associated with the movie.
	On February 15, 2015, the Company issued 4,300,000 post split (1,720,000,000 pre-split) common shares to Dr. Yusuf Hameed upon his conversion of his three outstanding convertible notes.  These notes consist of an $90,000 convertible note with an 8% per annum interest dated 9/5/2014, a $50,000 convertible note with an 8% per annum interest rate dated 12/22/2014, and a $20,000 convertible note with an 8% per annum interest rate dated 12/31/2014.  These notes were settled at a conversion price of $0.04 per share, resulting in the issuance of 4,000,000 post-split (1,600,000,000) common shares.  An additional 300,000 post-split (120,000,000 pre-split) shares were issued as a negotiated settlement for the interest due on the notes. Dr. Hameed has agreed a 12 month voluntary lockup provision on these shares.
	On February 18, 2015, the Company issued 7,083,333 post-split (2,833,333,200 pre-split) common shares to Penny Marshall in payment of the equity portion of her director’s fee re the movie Effa, which totaled $425,000.  The shares were issued at a price of $0.06 per share.
	On February 18, 2015, the Company issued 1,250,000 post-split (500,000,000 pre-split) common shares to Michael Mann in payment of the equity portion of his management fee re the movie Effa, which totaled $75,000.  The shares were issued at a price of $0.06 per share.
	On February 27, 2015, the Company entered into a Rights Acquisition and Investment Agreement with Eagle Productions, LLC with a view toward the Company investing in, co-producing and exploiting the motion picture currently titled Effa to be produced by Eagle Productions.  Under this agreement, the Company will acquire the worldwide distribution rights and will invest in the movie.  The Company will be the sole and exclusive beneficiary of the worldwide exploitation rights of the picture for all purposes, in perpetuity.  The Company will advance a portion of the budget of the picture, consisting of $10,000,000 in restricted common shares at a value of $0.06 per share. The Company agrees to file a Registration statement for these shares.
	Once the Company has recouped its advance in full, the Company and Eagle Productions will share in the net profits of the film, with the Company to receive 99% and Eagle Productions to receive 1%.  All fees and costs of the Company are to be included in and payable from the budget of the picture.  The Company is not liable for any loss should the transaction not proceed for any reason.  However, the Company will bear the loss (if any) arising from the initial payment of $75,000 in regards to the director services of Penny Marshall, the issuance of stock (7,083,333 post-split shares) in the value of $425,000 for the services of the director, the initial payment of $75,000 to Wendi Laski under the terms of her producing agreement, and the initial payment of $8,000 made to the writers of the screenplay.
	On February 27, 2015, the Company issued 166,666,667 post-split (66,666,666,800 pre-split) common shares at $0.06 per common share to Eagle Productions (which was originally formed by Jake Shapiro) to acquire the worldwide distribution rights for the film Effa, as described above. Film Producer Wendi Laski has been appointed managing director of Eagle Productions LLC.
	On March 1, 2015, the Company sold ownership of Zaldiva Comics and Collectibles to Ms. Nicole Leigh, a former director of the Company, for $100 and the settlement of a $10,000 debt.  The assets sold consist of Zaldiva.com, Zaldiva.com Comics & Collectibles, Zaldiva Comics & Collectibles, and all of Zaldiva’s inventory and intellectual property.  The company was not profitable and was deemed by Management to no longer be a strategic fit for the Company.
	On March 1, 2015, Nicole Leigh resigned as a director.
	On March 1, 2015, the Company elected Joseph Giamichael as a director.  Mr. Giamichael will be the chairman of the audit committee.  Mr. Giamichael was formerly a director of Medient Studios, Inc. (now Moon River Studios, Inc.). Other than his experience in serving as a director of Medient, there have been no transactions between Mr. Giamichael and any related party, nor any material plans, contracts, or arrangements to which Mr. Giamichael is a party.
	On March 1, 2015, the Company appointed Graham Bradstreet, as Chief Financial Officer.  His position will last for one year, and is renewable at the yearly shareholder meeting.
	On March 1, 2015, the Company approved the change of its offices to 135 Goshen Rd. Ext., Suite 205, Rincon, GA 31326, with a monthly rent of $2,730.
	On March 9, 2015 the Company engaged EquityGroups to conduct an investor campaign to increase the Company’s public awareness. The Company has agreed to pay $2,500 per month for the first three months increasing to $3,500 per month thereafter. The consultant may also earn up to 1M of common shares. From time to time, the Company has an intend to hire a variety of companies to increase public awareness.
	On March 10, 2015 the Company announced that Ms. Alice P. Neuhauser has been appointed as Chief Operating Officer of the Company.
	On March 26, 2015 the Board resolved that the Company issue 1,250,000 shares of unregistered and restricted common shares to Alex Warner in exchange for $50,000 of services.
	On March 31, 2015 the Company announced that it had signed definitive agreements to acquire the assets of Applebox Productions. The acquisition is structured as an asset purchase consisting of lights, cameras, grip equipment, electrics, production vehicles, etc. The purchase price of One Million Dollars ($1,000,000) is being financed by a combination of traditional equipment loans and seller financing. The seller-financing note is both corporately guaranteed and personally guaranteed by Mr. Jake Shapiro, Chairman of the Board of the Company. Closing is expected to take place by mid May, 2015
	In the period to March 31, 2015 the Company issued a Long Term Note in the amount of $78,000. The Note matures 36 months after issue.
	Subsequent to September 30, 2014, the Company issued $1,154,879 of Convertible Notes. The Convertible Notes have interest rates of between 8% and 12% and mature one year from the date of issue. The Convertible Notes are convertible between no days and 180 days. The discount on conversion ranges from 45% to 50% based on various share prices averaged over a number of days prior to the date of conversion or the date of notice of conversion.

Note_12_Employee_Benefit_Plans

Note 12 - Employee Benefit Plans	12 Months Ended
	Sep. 30, 2014
Notes
Note 12 - Employee Benefit Plans	12.       EMPLOYEE BENEFIT PLANS
	During the years ended September 30, 2014 and 2013, there were no qualified or non-qualified employee pension, profit sharing, stock option, or other plans authorized for any class of employees.

1_Business_Basis_of_Presentati1

1. Business, Basis of Presentation and Significant Accounting Policies: Nature of Business (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Nature of Business	Nature of Business
	FONU2, Inc. (“the Company”) was organized on August 26, 2009, under the laws of the State of Florida, as Cygnus Internet, Inc. The Company operates two business units; a comic book and collectibles retail business and a social commerce business currently under development.

1_Business_Basis_of_Presentati2

1. Business, Basis of Presentation and Significant Accounting Policies: Basis of Presentation (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Basis of Presentation	Basis of Presentation
	The Company prepares its financial statements on the accrual basis of accounting. Management believes that all adjustments necessary for a fair presentation of the results of the years ended September 30, 2014 and 2013 have been made. The Company currently does not have any subsidiaries.

1_Business_Basis_of_Presentati3

1. Business, Basis of Presentation and Significant Accounting Policies: Significant Accounting Policies (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Significant Accounting Policies	Significant Accounting Policies
	The Company’s management selects accounting principles generally accepted in the United States of America and adopts methods for their application.  The application of accounting principles requires the estimating, matching and timing of revenue and expense.  It is also necessary for management to determine, measure and allocate resources and obligations within the financial process according to those principles.  The accounting policies used conform to generally accepted accounting principles which have been consistently applied in the preparation of these financial statements.
	The financial statements and notes are representations of the Company’s management that is responsible for their integrity and objectivity.  Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud.  The Company's system of internal accounting control is designed to assure, among other items, that 1) recorded  transactions are valid;  2) valid  transactions  are recorded;  and  3) transactions  are recorded in the proper  period in a timely  manner to produce financial  statements which present fairly the financial  condition,  results of operations  and cash  flows of the  Company for the  respective  periods  being presented.

1_Business_Basis_of_Presentati4

1. Business, Basis of Presentation and Significant Accounting Policies: Reverse-merger Transaction (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Reverse-merger Transaction	Reverse-Merger Transaction
	On December 2, 2011, the stockholders of Zaldiva, Inc., a Florida corporation (“Zaldiva”) approved Zaldiva’s change of domicile from the state of Florida to the state of Nevada.  The change of domicile was effectuated by merging Zaldiva into its newly-formed wholly-owned subsidiary, FONU2 Inc., a Nevada corporation formerly known as Zaldiva, Inc. (“FONU2”), with every share of Zaldiva’s common and preferred stock automatically being converted into one-half of one corresponding share of FONU2, and with all fractional shares that would otherwise result from such conversion being rounded up to the nearest whole share.  Zaldiva and FONU2 filed Articles of Merger in the States of Florida and Nevada on December 2, 2011.  The change of domicile and de facto reverse-split were effectuated on January 9, 2012.
	On March 6, 2012, the Company executed an Agreement and Plan of Reorganization (the “Agreement”) with FONU2, and Jeffrey M. Pollitt, who is the Company’s Chief Executive Officer and the holder of approximately 37% of the Company’s outstanding shares of common stock.  Under the Agreement, FONU2 acquired all of the material assets of the Company in exchange for 53,411,262 “unregistered” and “restricted” shares of FONU2’s common stock, which represented approximately 85% of FONU2’s issued and outstanding common stock upon issuance, with such shares to be issued pro rata to the Company’s common stockholders.
	The Agreement was accounted for as a reverse-merger recapitalization transaction, with FONU2 as the accounting acquirer, and Zaldiva as the legal acquirer.  The historical financial statements presented herein for the period prior to the merger date are those of FONU2.

1_Business_Basis_of_Presentati5

1. Business, Basis of Presentation and Significant Accounting Policies: Use of Estimates (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Use of Estimates	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

1_Business_Basis_of_Presentati6

1. Business, Basis of Presentation and Significant Accounting Policies: Basic (loss) Per Common Share (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Basic (loss) Per Common Share	Earnings (Loss) per Share
	The Company computes net income (loss) per share in accordance with ASC 260 which requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.  There are no such common stock equivalents outstanding as of September 30, 2014 and 2013.

1_Business_Basis_of_Presentati7

1. Business, Basis of Presentation and Significant Accounting Policies: Reclassification (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Reclassification	Reclassification
	Certain account totals and other figures from prior periods have been reclassified to conform to current period presentation.

1_Business_Basis_of_Presentati8

1. Business, Basis of Presentation and Significant Accounting Policies: Comprehensive Income (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Comprehensive Income	Comprehensive Income
	ASC 220 establishes standards for reporting and display of comprehensive income and its components in a full set of general purpose financial statements.  For the years ended September 30, 2014 and 2013, the Company had no items of other comprehensive income.  Therefore, the net loss equals the comprehensive loss for the years then ended.

1_Business_Basis_of_Presentati9

1. Business, Basis of Presentation and Significant Accounting Policies: Emerging Growth Company Critical Accounting Policy Disclosure (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Emerging Growth Company Critical Accounting Policy Disclosure	Emerging Growth Company Critical Accounting Policy Disclosure
	The Company qualifies as an “emerging growth company” under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards.   As an emerging growth company, the Company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies.     The Company may elect to take advantage of the benefits of this extended transition period in the future.

Recovered_Sheet1

1. Business, Basis of Presentation and Significant Accounting Policies: Cash and Cash Equivalents (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents
	For purposes of the Statement of Cash Flows, the Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.

Recovered_Sheet2

1. Business, Basis of Presentation and Significant Accounting Policies: Property and Equipment (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Property and Equipment	Property and Equipment
	Property and equipment is recorded at cost.  Major additions and improvements are capitalized and depreciated over their estimated useful lives.  Depreciation of property and equipment is determined using the straight-line method over their useful lives, which ranges from three to five years.  Gains or losses on the sale or disposal of property and equipment are included in the statements of operations. Maintenance and repairs that do not extend the useful life of the assets are expensed as incurred.

Recovered_Sheet3

1. Business, Basis of Presentation and Significant Accounting Policies: Inventory (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Inventory	Inventory
	The Company’s inventory consists of various comic books, toys, and other collectible items.  These items are purchased from external suppliers.  The inventory items are recorded and valued at cost. Management performs periodic reviews of its slow-moving inventory for possible impairment.  When slow-moving inventory is identified, its cost is also adjusted so as to represent the lower of cost or market at all times.

Recovered_Sheet4

1. Business, Basis of Presentation and Significant Accounting Policies: Revenue Recognition (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Revenue Recognition	Revenue Recognition
	The Company's revenues are generated from the sales of various comic books, toys, and other collectible items.  Sales are transacted primarily through the Company’s website, via credit card order; or through eBay, via Paypal or e-check transaction.  The Company follows guidance found in ASC 605, which provides guidance on the recognition, presentation and disclosure of revenue in financial statements.
	ASC 605 outlines the basic criteria that must be met to recognize revenue and provides guidance for disclosure related to revenue recognition policies. In general, the Company recognizes revenue related to merchandise sales when the following conditions are met:
	a)      Persuasive evidence of an arrangement exists,
	b)      Delivery has occurred or services have been rendered,
	c)      The fee is fixed or determinable,
	d)     Collectability is reasonably assured.

Recovered_Sheet5

1. Business, Basis of Presentation and Significant Accounting Policies: Cost of Sales (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Cost of Sales	Cost of Sales
	When an inventory item is sold, the Company recognizes cost of sales expense for the value of the inventory item sold.  This value includes the purchase price of the inventory item, plus any expenditure on improvements to the inventory items.  Shipping costs are not included in cost of sales calculations.

Recovered_Sheet6

1. Business, Basis of Presentation and Significant Accounting Policies: Accounting Basis (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Accounting Basis	Accounting Basis
	The basis is accounting principles generally accepted in the United States of America.  The Company has adopted a September 30 fiscal year end.

Recovered_Sheet7

1. Business, Basis of Presentation and Significant Accounting Policies: Stock-based Compensation (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Stock-based Compensation	Stock-Based Compensation.
	The Company accounts for share-based compensation in accordance with Accounting Standards Codification subtopic 718-10, Stock Compensation (“ASC 718-10”). This requires the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors, including employee stock options and employee stock purchases related to an Employee Stock Purchase Plan based on the estimated fair values.

Recovered_Sheet8

1. Business, Basis of Presentation and Significant Accounting Policies: Research and Development. (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Research and Development.	Research and Development.
	Research and development cost are charged to operations as incurred.

Recovered_Sheet9

1. Business, Basis of Presentation and Significant Accounting Policies: Recent Accounting Pronouncements (Policies)	12 Months Ended
	Sep. 30, 2014
Policies
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	The Company has evaluated recent accounting pronouncements and their adoption has not had nor is not expected to have a material impact on the Company’s financial position or statements.

3_Convertible_Notes_Payable_Sc

3. Convertible Notes Payable: Schedule of Convertible Notes Payable (Tables)	12 Months Ended
	Sep. 30, 2014
Tables/Schedules
Schedule of Convertible Notes Payable
				30-Sep-14							30-Sep-13
	Convertible Debt	Note Date	Maturity Date	Face value		Discount			Net		Face value		Discount			Net
	Loan #1	9/30/11	Demand		-					-		50,000					50,000
	Loan #2	3/11/13	12/16/13							-		43,500		(32,061	)		11,439
	Loan #4	11/6/13	8/8/14		51,560		-			51,560
	Loan #5	1/24/14	10/28/14		78,500		(23,290	)		55,210
	Loan #6	4/11/14	4/11/15		103,000		(54,463	)		48,537
	Loan #7	11/13/13	11/13/15		94,990		(54,977	)		40,013
					328,050		(132,730	)		195,320		93,500		(32,061	)		61,439

6_Fair_Value_Measurements_Sche

6. Fair Value Measurements: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)	12 Months Ended
	Sep. 30, 2014
Tables/Schedules
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
	30-Sep-14
	Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total
	LIABILITIES:
	Derivative liability		-		--		247,880		247,880
	30-Sep-13
	Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total
	LIABILITIES:
	Derivative liability		-		--		969,675		969,675

7_Derivative_Instruments_Sched

7. Derivative Instruments: Schedule of Derivative Liabilities at Fair Value (Tables)	12 Months Ended
	Sep. 30, 2014
Tables/Schedules
Schedule of Derivative Liabilities at Fair Value
	Balance as of September 30, 2012	$	-
	Additions due to new convertible debt and warrants issued		900,933
	Reclassification of derivative liabilities to additional paid-in capital due to conversion of debt		-221,200
	Change in fair value		289,942
	Balance as of September 30, 2013	$	969,675
	Additions due to new convertible debt and warrants issued		485,795
	Reclassification of derivative liabilities to additional paid-in capital due to conversion of debt		-623,975
	Change in fair value		-583,615
	Balance as of September 30, 2014	$	247,880

9_Warrants_Schedule_of_Stockho

9. Warrants: Schedule of Stockholders' Equity Note, Warrants or Rights (Tables)	12 Months Ended
	Sep. 30, 2014
Tables/Schedules
Schedule of Stockholders' Equity Note, Warrants or Rights
	Description	Warrant Shares		Exercise Price		Value if Exercised
	Outstanding at 9/30/12		-		-		-
	Granted		6,250,000	$	0.04	$	1,062,500
	Exercised		-		-		-
	Cancelled		-		-		-
	Expired		-		-		-
	Outstanding at 9/30/13		6,250,000		0.04		1,062,500
	Granted		-		-		-
	Exercised		2,250,000		0.04		90,000
	Cancelled		-		-		-
	Expired		4,000,000		0.04		160,000
	Outstanding at 9/30/14		-	$	-	$	-

10_Income_Taxes_Schedule_of_De

10. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Sep. 30, 2014
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities
		30-Sep-14		30-Sep-13
	Income tax expense at statutory rate	$	-460,534	$	-579,000
	Common stock issued for services		246,533		161,262
	Amortization		141,483		46,526
	Impairment expense		2,557		0
	Change in valuation allowance		69,962		371,211
	Income tax expense per books	$	0	$	0

10_Income_Taxes_Net_deferred_t

10. Income Taxes: Net deferred tax assets (Tables)	12 Months Ended
	Sep. 30, 2014
Tables/Schedules
Net deferred tax assets
		30-Sep-14		30-Sep-13
	NOL carryover	$	-876,534	$	-416,000
	Valuation allowance		876,534		416,000
	Net deferred tax asset	$	0	$	0

2_Going_Concern_Details

2. Going Concern (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Details
Accumulated Deficit	($40,401,033)	($39,045,527)
Working capital	474,110
Net Cash Provided by (Used in) Operating Activities	($660,135)

3_Convertible_Notes_Payable_De

3. Convertible Notes Payable (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Details
Outstanding convertible notes payable	$195,320	$61,439
Amount of debt converted into shares		25,000
Shares issued on conversion of debt		243,055
Amount of debt converted into note payable	0	43,500
Accrued interest on convertible promissory note	3,422
Note principal converted into shares	76,940
Shares issued upon conversion of promissory note	15,415,891
Remaining principal balance on convertible promissory note	51,560
Note principal converted into shares for promissory note	42,510
Shares issued upon conversion of note	9,700,000
Remaining principal balance on promissory note	94,990
Principal balance outstanding for unrelated third party convertible promissory note	103,000
Replacement note balance converted into shares	62,500
Shares issued upon conversion of replacement note	9,674,997
Accrued interest on convertible note	4,284
Total unamortized debt discounts	$132,730

4_Notes_Payable_Details

4. Notes Payable (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2013
Details
Outstanding notes payable	$44,000		$19,000
Accrued interest		3,800
Principal balance on convertible promissory note			53,000
Accrued interest on convertible debenture	$288

5_Related_Party_Notes_Payable_

5. Related Party Notes Payable (Details) (USD $)	Sep. 30, 2014	Aug. 05, 2014	Oct. 14, 2013	Sep. 30, 2013
Details
Related party loan		$18,000
Shares issued upon conversion of note payable			2,400,000
Gain recognized on settlement of debts			5,719
Outstanding related party payables	$18,000			$188,300

7_Derivative_Instruments_Detai

7. Derivative Instruments (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Details
Debt discount recorded	$485,795	$168,902
Loss on derivative liability	$583,615	($303,973)

8_Common_Stock_Details

8. Common Stock (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Aug. 25, 2014	2-May-14	Apr. 25, 2014	Apr. 22, 2014	Apr. 15, 2014	Apr. 04, 2014	Jan. 30, 2014
Details
Common stock issued for services	$246,533	$161,262
Value of services		474,301
Shares issued for conversion of notes payable	35,893,299	10,003,111
Notes payable and other debts value		214,259
Common stock issued for cash	3,250,000	6,250,000
Cash proceeds for issuance of common shares	130,000	250,000
Common shares issued for prepaid services		1,500,000
Market value of prepaid services		255,000
Common shares issued upon the exercise of warrants	2,250,000
Cash proceeds from exercise of warrants	90,000
Conversion of notes payable	225,965
Common stock issued for conversion of other debts	2,400,000
Proceeds from conversion of other debts	276,000
Common shares issued for services				700,000					500,000
Value of agreement				41,930					24,600
Common stock issued for services							823,723	6,625,000
Fair market value of services rendered	501				5,000	14,338		463,750
Value of services rendered							50,000
Common stock issued for professional services rendered					75,643	226,152
Common stock issued for consulting services rendered	385,000		4,000,000			732,314
Fair market value of consulting services rendered					$13,200	$51,262
Market value for shares issued			$0.00

10_Income_Taxes_Schedule_of_De1

10. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013
Details
Income tax expense at statutory rate	($460,534)	($579,000)
Common stock issued for services	246,533	161,262
Amortization	141,483	46,526
Impairment expense	2,557	0
Change in valuation allowance	69,962	371,211
Income tax expense per books	$0	$0

10_Income_Taxes_Net_deferred_t1

10. Income Taxes: Net deferred tax assets (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013
Details
NOL carryover	($876,534)	($416,000)
Valuation allowance	876,534	416,000
Net deferred tax asset	$0	$0

11_Subsequent_Events_Details

11. Subsequent Events (Details) (USD $)

7 Months Ended

13-May-15

Mar. 26, 2015

Feb. 27, 2015

Feb. 18, 2015

Feb. 15, 2015

Feb. 12, 2015

Feb. 10, 2015

Dec. 08, 2014

Dec. 03, 2014

Nov. 10, 2014

Sep. 30, 2014

Feb. 12, 2014

Sep. 30, 2013

Details

Common stock, shares issued

17,500,000

124,913,633

67,052,502

Common shares issued upon conversion of debts

16,977,930,591

Value received from conversion of debts

$822,099

Shares issued as compensation for services rendered

1,250,000

770,000

Series B preferred shares issued for purchase of Studioplex City

2,500,000

Purchase price of Effingham County lease

10,000,000

Shares issued for Effingham County lease

10,000,000

Appraised value of Effingham County lease

22,000,000

Performance bonus issued to Roger Miguel

300,000

Performance bonus issued to third party

73,500

Movie costs assumed

540,000

Shares issued on conversion of outstanding convertible notes

4,300,000

Shares issued to Penny Marshall for director's fee

7,083,333

Penny Marshall director fee

425,000

Shares issued to Michael Mann for director's fee

1,250,000

Michael Mann director fee

75,000

Shares issued to acquire distribution rights to Effa

166,666,667

Value of convertible notes issued

$1,154,879