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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1337899	Fortunet Inc.	FNET	Miscellaneous Manufacturing Industries (3990)	880252188

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1337896	Yuri Itkis	2950 Highland Drive, Suite C Las Vegas NV 89109	Chief Executive Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-03-03	786,050	$2.25	0	No	4	P	Indirect	By The Yuri Itkis Gaming Trust of 1993
Common Stock	Acquisiton	2010-03-03	1,000	$0.00	1,000	No	4	J	Indirect	By The Yuri Itkis Gaming Trust of 1993

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By The Yuri Itkis Gaming Trust of 1993
No	4	J	Indirect	By The Yuri Itkis Gaming Trust of 1993

Footnotes

On February 18, 2010, The Yuri Itkis Gaming Trust of 1993 (the "Trust") completed the acquisition of 2,001,461 outstanding shares of the Issuer's common stock pursuant to a tender offer for all of the Issuer's outstanding shares of common stock (the "Offer"). The reporting person is the sole trustee and beneficiary of the Trust.Pursuant to the merger (the "Merger") of YI Acquisition Corp, a Nevada corporation and a wholly owned subsidiary of the Trust ("YI Acquisition"), all of the issued and outstanding shares of the Issuer's common stock owned or acquired in the Offer by the Trust were cancelled, and each of the 786,050 shares of the Issuer's common stock not tendered in the Offer was converted into the right to receive $2.25 in cash, subject to dissenting stockholder rights.
The shares are held by the Trust, of which the reporting person is the sole trustee and beneficiary.
In connection with the Merger, all 1,000 issued and outstanding shares of YI Acquisition common stock owned by the Trust were converted into 1,000 shares of the Issuer's common stock. After the completion of the Merger, all 1,000 issued and outstanding shares of the Issuer's common stock were owned by the Trust.