FONU2 Inc., doing business as Moon River, announced today that it will acquire Applebox Productions for $1 million, financed by traditional equipment loans and seller financing. “Through the Applebox acquisition, we will have virtually all of the physical equipment needed to make motion pictures,” said Jake Shapiro, chairman of the board of FONU2. Definitive agreements have been signed and closing is expected to take place within six weeks, a news release said. The seller-financing note is corporately guaranteed and personally guaranteed by Shapiro. Shapiro said the equipment will be moved to Moon River’s property in Effingham County, at Old River Road and Interstate 16. The equipment will be used in an upcoming film to be directed by Penny Marshall and will be rented to others in the film industry. “Since we are a Georgia-based business, any film productions in Georgia that rent from us will qualify for the 30-percent tax credit on our film equipment rentals to them,” Shapiro said.