FONU2 Inc. (OTCPK:FONU) is making progress in finding an acquisition partner. FONU2 said that during the past two months they have been focusing on finding an acquisition partner and are making good progress. Over the past month FONU2 has looked at hundreds of candidate companies and has selected a few candidates to pursue in depth.

At the moment FONU2 is still searching, however, FONU2 has a few good candidates that it is talking to. FONU2 has two objectives to fulfill with the acquisition, firstly, acquiring a strategic partner that can accelerate its growth and secondly, acquiring a growing company that has a solid track record of revenue growth, healthy earnings and free cash flow.