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FUNR announces potential JV and/or acquisition. Shareholder letter mailed via USPS. New UPDATES section on website.
FUNR announces potential JV and/or acquisition. Shareholder letter mailed via USPS. New UPDATES section on website..
About this update from Funr
[{"type":"text","content":"La Jolla, California March 18, 2024 FUNR (the Company) (OTCPK:FUNR) announces its potential Joint Venture (JV) and/or acquisition of Surface Products Corp. In addition roughly 2,450 letters were mailed to individual shareholders via USPS. Plus FUNR website has a new section UPDATES with the latest company news. Details follow.Joint Venture (JV) and/or acquisition FUNR now is engaged in an evaluation of investing, merging and synthesizing its corporate structure and AI technology with Surface Products Corp. It is a local, private San Diego company which has a sunscreen product. Surface bills itself as #RedBull of Sunscreen and has approximately 30 professional athletes who promote and use its products. www.surfacesunscreen.comFUNR has signed a binding Memorandum Of Understanding (the MOU) with Surface Products Corp., CA entity #3468795. The goal is a potential Joint Venture (JV) and/or acquisition of Surface Products Corp. This MOU provides for a working relationship and start point for the path forward to combine FUNR and Surface Products Corp. Revenue for FUNR is generated with the integration of AI GENIE and Surface Products Corp.’s sales and logistics processes. This earns revenue for FUNR with a monthly subscription and fee model based on Surface Products Corp.’s operations cost savings and sales. In addition FUNR earns a commission of overall product sales. FUNR strives to improve shareholder value.Shareholder newsletterFUNR mailed roughly 2,450 individual letters on 3-15-2024 via USPS to shareholders of record. FUNR proudly contributed financially to United Cerebral Palsy by using its printing and mailing services. This allows for gainful employment for disabled individuals involved with this mailer project. The letter is part of ...