Published On: Thu, Sep 17th, 2015

Moon River studio faces default on AppleBox deal

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Would-be movie production company Moon River is in default on the purchase of a film production equipment company, and time is running out for it to meet major milestones as it attempts to build studios in Effingham County. FONU2, doing business as Moon River, said in a report filed Monday with the Securities and Exchange Commission that it received a default notice Sept. 3 for a $600,000 subordinated note owed to AppleBox.

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