La Jolla, California March 26, 2024 FUNR (the Company) (OTCPK:FUNR) announces its official company direction as an intellectual property / brand licensing company. There are discussions with several brands with the goal of a unified brand direction under the FUNR umbrella and all guided by AI Genie-the gateway. We are in active discussion with interested targets. The central focus is on cash flow, sales generation and growth profile. The immediate goal is revenue; to repeat-revenue…immediately.
FUNR has hired an M&A consultant for structuring our relationship with Surface Products Corp. in these L&I stages. We are in the process to (i) acquire the Surface brand and/or product intellectual property, and (ii) enter into a licensing agreement with Surface for a combination of % revenue and a fixed fee, (iii) provide more affordable working capital financing for short term production runs for a fee as legally permissible, and (iv) continue operating as a sales and marketing organization.
Our market research shows that Surface products are a great fit with FUNR’s corporate goals to be a good citizen with Mother Earth. The products are developed free of Oxybenzone and Octinoxate. These are environmentally friendly and yield "the most comfortable sunscreen on the planet." Surface has working, promotional relationships with multiple professional sports ambassadors who align with these concepts. This list grows. FUNR is finally in a focused, fresh direction with a plan of action, focus on revenue and alignment of resources. As we have more substantial structuring and progress, FUNR will announce such on its website under UPDATES section.
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Surface Products Corp https://www.surfacesunscreen.com/
FUNR community https://funr.ai/genie/
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CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are forward-looking statements that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, obtaining financing for app development and completion, meeting competitive challenges and technological changes in the AI and Game App industry, and other risks. No information contained in this news release should be construed as any indication whatsoever of the Company's future stock price, revenues, or results of operations. There are no assurances that the Company will meet its goals and/or complete an agreement. The Company undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in the Company’s expectations.