Functionx Inc fka FNCX

[value1008]

Wow, this one really does move up (or down!) fast on that tiny, tiny float. I had a small position of 1800 shares at 2.37 that got auto-sold at 2.98 and 3.01 this afternoon. I'm hoping it will dip so i can "rinse and repeat," but this could take off for the mid $3s before or without that happening.

Just last night i was trying to dig for a lot more info on this co. I know some folks despise Sillerman for past losses on at least one other stock, but the guy's resume' as a media mogul is very impressive, indeed!

A question i had for the discussion board here:

I read these lines in that rather critical S.Alpha article by Donovan Jones on FNCX from Nov 3:

FNCX is offering its shareholders the right to convert promissory notes into common stock and to sell up to 780,000 shares after a lockup period expires 90 days after the effective date of the registration statement.
This represents a 26% increase in the current share float of 3 million shares and would potentially bring $2.66 million in proceeds to the company.


Do we know precisely WHEN that "effective date of the registration" was?