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A shell at $2.70 Laughable, no nothing, no revenues, no TRADING... I know your waiting for a pie in the sky announcement to come when this is actually going to zero.
Where is bid? Seems like i really dont want to own stock then...
https://www.mediaoptions.com/brokered-domains/fund-com
If anyone has $2.5 million laying around you could buy this
I was expecting an update on the fndmreceivership website by now with the judges decision on ending the receivership and reinstating the company, has anybody hear anything on this? 50,000 shares on the bid today, only at $2 but pretty surprising to see considering it is usually a few 100 shares bid and ask.
He is going for B.E. Capital I doubt there will be anything discussed on Fund.
Questions:
Any NOLs?
Is Tom presenting FNDM at Willow Oak conference on Wednesday?
http://willowoakfunds.com/join-the-willow-oak-team-of-funds-for-a-happy-hour-presentation/
What questions would you like to ask him about Fund.com?
I think you're right. Hopefully there will be some NOLs that could present value also.
They may have done this so Thomas could sell the shell.
3 To date, the Receiver has been unable to recover the alleged $20 million CD
held at an offshore bank, that allegedly converted to an annuity, that the Company
represented it owned in its SEC filings.
Thomas has filed a motion to discontinue liquidation with the intent to run Fund.com as an operating company. In case you haven’t seen the news. I look at this as a very good thing.
http://www.fndmreceivership.com/uploads/2/6/7/4/26748813/fund---motion-to-discontinue-10-16-18.pdf
DUMP COMING!!!! Ownership disclosed! Look out below! 85K in shares to hit the market!
https://ih.advfn.com/p.php?pid=nmona&article=78283967
That would also confirm the share count went down after Thomas recent filing which reduced share count.
6.41% at approximately 42,000 shares.
Approximately 670,000 outstanding shares.
Fund.com news Statement of Ownership
The action seems like a short seller trying to unload before the distribution. Although I could see it being someone buying calculating a decent profit in the short term.
*****BUYER BEWARE!!!!*****DON'T GET STUCK IN THIS PoS!! TRADERS WILL LOSE EVERYTHING!!!
I smell an SEC shutdown coming on another BS shell scam. Yikes!
Just like yesterday, DUMP! DUMP! DUMP! Traders are dumping this piece of shit everyday!
MASSIVE DUMPS.. POSSIBLE NEWS LEAK? COULD BE THE NEWS WE ARE EXPECTING THAT FNDM WILL NOT RECEIVE ANY REVENUES FROM ANYONE... MERGERS DID NOT GO THROUGH... WHATEVER IT IS IT MUST BE BAD... CONTINUED DUMPING IS ALL THE DD YOU NEED.
FNDM IS A BIG ZERO!
SELLING YESTERDAY, WILL SELL MORE TODAY!
DUMPFEST CONTINUES, PEOPLE BAILING BEFORE THE CRASH... FNDM OWNS NOTHING.... WILL BE EXPOSED SOON
LOL! Yay! A paid promo site selling a shell scam! What a shocker! LMAO!
Yup! Shorts are getting real desperate!
DUMP! DUMP! DUMP! Traders dumping this piece of shit before it hits trips!
Shorts better cover, this is going to the moon just watch hehe..
So the stock is up on the large volume is 2000 shares which was placed as sells can you say manipulation...lmao
The term bag holders is for individuals who remain when they should be gone, like this POS, try selling though and your going to sub penny either way at this point your toast.
It's his job to pull the wool over his shareholders eyes just like he's been doing will all his failed shells. He needs to pay his bills and take vacations for this shell scam to pay off for him.
THE DUMP-A-THON IS ON... WORDS OUT ON THIS POS... BDCI = ZERO...
ZERO CASH, ZERO REVENUES, ZERO PRODUCTS!
DUMP SHARES!
NO MERGERS... JUST TALK
Another Dump day! Traders are finally getting smart and dumping this piece of crap!
Wow! This piece of shit hasn't been shut down
It's a great comedic read. Gotta love another shell scam with laughable updates and PR's that never come to fruition. So sad.
Traders dumping this piece of shit. Shell scam going nowhere. So sad.
Total Joke of a Company, absolute scam. Any sells and they would be at no bid, doing an RS and have basically admitted to having a failed business....lmao
Wow! I just saw that. That's great.
Thomas is going to cash in nicely! Without him we'd have been screwed! I also had someone encourage him to fight this.
That's huge. I believe the O/S will be reduced because of this order.
If you are wondering why the stock is up today:
http://www.fndmreceivership.com/uploads/2/6/7/4/26748813/judgereviewed_70008959_motion-to-disallow-proposed-order.pdf
Total Joke of a Company, absolute shell scam. No news, no trading and if ever you sell any shares this will fall faster than you can say RS...lmao
FNDM this piece of shit will eventually hit no bid or be an RS or be shut down by the SEC.
Another POS Shell Scam, going to trips and then a RS!
SELL now or learn a very painful lesson about going to zero and a RS trying to save it.
Think I’m wrong try selling a thousand shares see what happens...lmao
This piece of shit shell scam is going nowhere. No business, no revenue, Monopoly money revenue projections, BS PR's and tweets that never come to fruition. Another typical shell scam. So sad. Lmao
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Market Value1 | $1,692,173 | a/o Feb 05, 2015 |
Shares Outstanding | 867,781 | a/o Sep 30, 2010 |
Float | Not Available | |
Authorized Shares | Not Available | |
Par Value | 0.001 |
Shareholders of Record | Not Available |
|
Short Interest | 0 (-100%) Mar 15, 2011 |
Significant Failures to Deliver | No |
Latest News:
Oct. 25, 2010 (PR Newswire) --
NEW YORK -- Fund.com, Inc. (Pink Sheets: FNDMD), announced today that its subsidiary, AdvisorShares Investments, LLC, a developer and distributor of actively managed ETFs will begin trading the Cambria Global Tactical ETF (NYSE: GTAA) tomorrow, October 26th. GTAA is sub-advised by Cambria Investment Management, Inc., a Los Angeles, California- based investment manager.
Cambria will invest in underlying ETFs spanning all the major world asset classes including equities, bonds, real estate, commodities, and currencies. The Fund will utilize a quantitative approach with strict risk management controls to actively manage GTAA's portfolio in an attempt to control downside losses and protect capital. GTAA will do this by following a trend-based model utilizing multiple asset classes and will either be invested or will get defensive by going into cash for a particular asset class. The wide diversification coupled with prudent portfolio management may allow for the Fund to perform well across a full business cycle.
Noah Hamman, CEO and Founder of AdvisorShares, said, "Cambria has done an outstanding job developing research and education related to a GTAA strategy via their popular white paper, 'A Quantitative Approach to Tactical Asset Allocation,' and their recent book, 'The Ivy Portfolio.' We are very excited to be able to offer this risk-managing strategy to investors in an actively managed ETF."
Mebane Faber, Chief Investment Officer of Cambria Investment Management, said, "We are very excited to launch GTAA as we believe that investors need to be more proactive in managing their risk. Investors will appreciate the fact that we make no effort to forecast future market trends or direction, but rather attempt to capture profits in these trends when and where they develop."
To request more information on AdvisorShares, please contact Richard Stern at 212-888-0044 begin_of_the_skype_highlighting 212-888-0044 end_of_the_skype_highlighting or richstern@sternco.com.
About Fund.com
Fund.com's subsidiary, AdvisorShares Investments LLC, is creating actively managed ETFs to take advantage of the rapidly growing ETF business.
About AdvisorShares
AdvisorShares is a turnkey platform for investment managers seeking to offer their investment strategy in an actively managed ETF. AdvisorShares works with experienced money managers to combine their money management strategies with the benefits the ETF structure provides. AdvisorShares provides sales, marketing and educational support to help financial advisors utilize AdvisorShares ETFs to help them achieve their client's investment goals and objectives. AdvisorShares is pleased to offer actively managed ETFs, including the Dent Tactical ETF (NYSE: DENT), the Mars Hill Global Relative Value ETF (NYSE: GRV) and the WCM/BNY Mellon Focused Growth ADR ETF (NYSE: AADR) and is dedicated to investor education. Fund.com is the majority owner of AdvisorShares Investments, LLC. Visit our website at www.advisorshares.com to learn more about us. Follow the AdvisorShares Team on our Twitter page or 'Like' us on Facebook.
About Cambria Investment Management, Inc.
Cambria Investment Management, Inc. is an investment management firm employing a disciplined multi-asset, global quantitative research process. Cambria provides investment management services through a number of portfolio strategies to high net worth individuals and institutions through separately managed accounts and private funds. Cambria believes that any single style or approach that relies on subjective methods can be inconsistent over time, may bias the investment process, and potentially hinder performance. Global diversification through asset allocation, coupled with prudent risk management, is the foundation of Cambria's investment philosophy. Visit their website at www.cambriainvestments.com.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund's website at www.AdvisorShares.com. Please read the prospectus carefully before you invest.
AdvisorShares and Mars Hill Partners visit the NYSE. In honor of the occasion, Jason Huntley, Mars Hill Partners Founder and Chief Investment Officer, rings The Opening BellSM.
Watch a live webcast of The Opening Bell at 9:29 a.m. ET on October 11, 2010. The archive will be available shortly after the event.
About AdvisorShares
AdvisorShares is a turnkey platform for investment managers seeking to offer their investment strategy in an actively managed ETF. AdvisorShares works with some best-of-breed money managers to combine their money management expertise with the benefits the ETF structure provides, AdvisorShares provides sales, marketing and educational support to help financial advisors use AdvisorShares ETFs to help them achieve their clients' investment goals and objectives. AdvisorShares is a leader in actively managed ETFs, including the Dent Tactical ETF (NYSE: DENT), the Mars Hill Global Relative Value ETF (NYSE: GRV), and the WCM/BNY Mellon Focused Growth ADR ETF (NYSE: AADR) and is dedicated to investor education. Fund.com (OTCBB: FNDM.OB) is the majority owner of AdvisorShares Investments, LLC. Visit our website at www.AdvisorShares.com to learn more about us. (Source: AdvisorShares)
About Mars Hill Partners
Mars Hill Partners, LLC (“Mars Hill”) is an SEC-registered Investment Adviser and affiliate of private wealth manager Huntley Thatcher Ellsworth, Ltd. (“HTE”), created to offer HTE's long/short relative value strategies through publicly-traded exchange-traded funds. Mars Hill blends proprietary quantitative models and top-down global macro research to identify and capitalize on relative value opportunities across all major asset classes in order to generate consistent positive absolute returns for its investors.
http://etfdb.com/%27" rel="nofollow">Michael Johnston submits:The past few months have seen a number of interesting developments in the active ETF space. A number of major players in the mutual fund game have laid the groundwork for a foray into the ETF world, a development that could lead to a flood of interest (and cash) in active funds. Grail announced last month that it was partnering with DoubleLine, setting the stage for the active ETF space to get its first superstar manager. And the SEC’s review of the use of derivatives in mutual funds and ETFs has caused many issuers to shuffle regulatory filings, altering the universe of allowable securities in proposed ETFs.
On top of all that, the pipeline has continued to fill with new ETF ideas. One of the latest to hit the wire is the Active Bear ETF from AdvisorShares. In an SEC filing, the company behind DENT and the recently-launched GRV offered up some details on the proposed product, which seems to be unlike anything the ETF industry has seen to date. HDGE’s investment objective consists of “selecting a portfolio, on a short basis only, of liquid U.S. exchange-traded equities, exchange-traded funds and exchange-traded products.” Utilizing a bottom-up approach, the active ETF would seek to identify securities with “low earnings quality or aggressive accounting that may be intended, on the part of company management, to mask operational deterioration and bolster the reported earnings per share over a short time period.”
In addition to short positions in equities and ETFs that meet the aforementioned criteria, the fund will invest in short-term government securities and cash equivalents.
HDGE joins a number of other AdvisorShares ETFs in the product development pipeline, including the WCM/BNY Mellon Focused Growth ETF . The company’s first ETF product, the Dent Tactical ETF (NYSEArca: DENT - News), is the largest actively-managed equity ETF on the market with about $22 million in assets. That fund utilizes proprietary economic and demographic analysis to identify the overall trend of the U.S. and global economies and analyze how consumer spending patterns may change. The recently launched [[GRV]] uses a “relative value” approach, seeking to combine long positions in the most attractive country, sector, and industry ETFs with equal dollar amounts short in the least attractive country, sector and industry ETFs.
Mr. Webster brings over 20 years of management experience throughout the financial services, brokerage and insurance industries, including extensive global wealth leadership experience.
Prior to his current position at Fund.com, Mr. Webster was the President and CEO of HSBC Brokerage (USA) Inc., one of the largest banks in the world, where he was responsible for approximately $32.5 billion of client assets. Mr. Webster additionally held a seat on the Board of HSBC Asset Management (Americas) and served as Head of Securities of HSBC North America. In the latter role, Mr. Webster served on the board of directors and oversaw all the wealth management advisory services of HSBC Securities (Canada) Inc. and Merrill-Lynch HSBC (Canada) Inc., and was responsible for trading and execution services for HSBC subsidiaries and international affiliates.
Before joining HSBC in 2000, Mr. Webster led the Guardian Life Insurance Company in the formation and SEC Registration of a newly formed broker/dealer, Park Avenue Securities, LLC. Mr. Webster served as President of Park Avenue Securities, where he managed the securities operations and the distribution of wealth management and insurance products through a field force of approximately 4,000 registered representatives across the country. Prior to Park Avenue, Mr. Webster was the Chief Operating Officer for NYLIFE Securities, Inc., a subsidiary of New York Life Insurance Company, where he managed the wealth management proposition for approximately 8,000 Registered Representatives nationally. Mr. Webster was previously a Director of Private Client Services at Dreyfus Service Corporation, a subsidiary of Mellon Bank.
RECENT NEWS:
BNY Mellon Asset Servicing, the global leader in securities servicing, became the first service provider to support short positions in an exchange-traded fund (ETF) after being selected to provide ETF services, custody, fund accounting and fund administration for the Mars Hill Global Relative Value ETF (NYSE: GRV), the first actively managed ETF to pursue a long-short equity strategy.
This ETF, the first to hold short positions, is managed by AdvisorShares and sub-advised by Mars Hill Partners.
"We selected BNY Mellon to provide these critical services because of its ability to develop a customized solution regarding the servicing of short positions," said Noah Hamman, chief executive officer and founder of AdvisorShares. "BNY Mellon also has demonstrated its expertise in providing ETF services to our Dent Tactical ETF (NYSE: DENT), which we launched September, 2009."
"Our continuing investments in technology and customer service provide us with the infrastructure required to support short positions and actively managed ETFs," said Joseph Keenan, managing director and global head of exchange-traded fund services at BNY Mellon Asset Servicing. "We see increasing demand for actively managed ETFs as investors appreciate the additional flexibility that they can provide when compared with traditional mutual funds."
AdvisorShares is a turnkey platform for investment managers seeking to offer their investment strategy in an actively managed ETF. AdvisorShares works with some best-of-breed money managers to combine their money management expertise with the benefits the ETF structure provides. AdvisorShares provides sales, marketing and educational support to help financial advisors use AdvisorShares ETFs to help them achieve their clients' investment goals and objectives. AdvisorShares is an innovator in actively managed ETFs and is dedicated to investor education. Fund.com (OTC Bulletin Board: FNDM) is the majority owner of AdvisorShares Investments, LLC. Visit our website at http://www.advisorshares.com to learn more about us.
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through BNY Mellon and other related companies.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $21.8 trillion in assets under custody and administration and $1.0 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com.
SOURCE BNY Mellon
Mr. Webster brings over 20 years of management experience throughout the financial services, brokerage and insurance industries, including extensive global wealth leadership experience. Prior to his current position at Fund.com, Mr. Webster was the President and CEO of HSBC Brokerage (USA) Inc., one of the largest banks in the world, where he was responsible for approximately $32.5 billion of client assets. Mr. Webster additionally held a seat on the Board of HSBC Asset Management (Americas) and served as Head of Securities of HSBC North America. In the latter role, Mr. Webster served on the board of directors and oversaw all the wealth management advisory services of HSBC Securities (Canada) Inc. and Merrill-Lynch HSBC (Canada) Inc., and was responsible for trading and execution services for HSBC subsidiaries and international affiliates.
View David G. Nichols, Jr's profile
David G. Nichols, Jr. is currently of Counsel to Cahill/Wink. Mr. Nichols’ expertise focuses on business and finance transactions including mergers, acquisitions, divestitures, partnerships and joint ventures; formation of private investment funds (hedge, private equity, venture capital and funds of funds); and representation of complex financial institutions, including investment banks, broker-dealers and institutional investors.
Mr. Nichols was a partner in the New York City office of Morgan, Lewis & Bockius LLP from 1993 to 2008, and previously was associated with Shearman & Sterling LLP in New York. He has represented Citibank, J.P. Morgan, Jefferies & Company, Daiwa Securities, Credit Suisse, Merrill Lynch, National Discount Brokers, Fidelity, Financo and Bank of New York Securities in acquisitions, divestitures and financial advisory engagements, and has handled significant cross-border transactions for Finmeccanica, International Verifact, Duty Free International, Airtours plc, Goodman Fielder and others.
Prior to his law career, Mr. Nichols worked on federal energy policy matters as a staff member in the U.S. Senate and an official of the U.S. Department of Housing and Urban Development.
He graduated with honors from George Washington University Law School, and magna cum laude from Dartmouth College, where he was elected to Phi Beta Kappa.
Mr. Aaronson is a senior executive with 25 years financial services experience, including significant leadership and management roles. Mr. Aaronson has expertise in asset management and product development, marketing and management. Mr. Aaronson also has ten years in private and in-house securities and business law practice, and has extensive experience in domestic U.S. and international markets and securities law environments. Mr. Aaronson is currently a Managing Member of Stone Keep Capital Management, and was previously the CEO of Plus Funds Group, Inc. and an Executive Managing Director at Standard and Poor’s where he was responsible for S&P global business unit covering the global indexing business and the investment advisory business.
View Elizabeth Piper/Bach's profile
Elizabeth (Betsy) Piper/Bach brings a wealth of insight and experience in the financial services industry. Ms. Piper/Bach, an experienced financial services executive, has lead new product development and company mergers/acquisitions in the financial services sector while specializing in new regulations and challenges of the ever changing securities industry.
Ms. Piper/Bach is currently serving a two-year term as the Investment Management Consultants Association (IMCA) vice president. She has been a director of the organization for five years and a member of the Finance, Audit, and Investment Committee, Personnel Committee, Certification Committee, Investments & Wealth Monitor Editorial Advisory Board as well as the Journal of Investment Consulting Editorial Advisory Board.
Ms. Piper/Bach is the Vice President, NADA Retirement Administrators Inc., a subsidiary of the National Automobile Dealers Association providing investment choices, recordkeeping and plan administration for retirement plans of all types nationwide. NADA RAI has $2.4 billion of assets under administration. Previously she was president of Cardinal Trust and Investment Services, and chief investment officer for Wilson/Bennett Capital Management, senior vice president and chief trust officer at FBR National Trust Co., chief investment officer of Money Management Advisors, Inc., managing director for FOLIOfn, Inc., president and chief executive officer of Brenton Investments, and chief financial services officer at Brenton Bank. She also has held positions with John G. Kinnard & Co. and Dain Bosworth, Inc.
Ms. Piper/Bach earned a B.S. in special education from St. Cloud University, an M.Ed from George Washington University, and a JD from The Catholic University of America Columbus School of Law. She has been a member of the New York Stock Exchange Item Writing Committee, an active member of the Securities Industry Association, the Financial Planning Association, the American Bankers Association, and American Bar Association.
Fund.com, Inc. (ESVH) is committed to becoming a leading destination and brand for financial information while leveraging its key internet domains to generate consumer interest, educate product providers to license its index, empower the growth of its index through paid referrals, and grow its licensing income while simultaneously generating online advertising revenue and leads.
The Company believes that investors should have the same level access to information controlled by brokers and financial advisors. In order to make this concept a reality, Fund.com is developing an information market place that reveals many of the secrets of the investment world. Coupled with their easy to remember domain name, this unique portal of information has great potential to quickly become a prominent name in the investment community.
Hedge funds are only beginning to be discovered by a wider group of investors and are becoming an essential cornerstone of well-constructed investment portfolios. In 1990 hedge funds controlled $8 billion, but by 2007 the number grew exponentially to reach a total of $2.26 trillion. Fund.com believes that the hedge funds will continue to follow the growing trend.
By focusing specifically on funds, Fund.com will have an advantage over general financial information websites since they will be able to expand further and present more detailed information. Fund companies will also be able to benefit tremendously as they will be able to gain additional exposure through Fund.com and attract would-be fund buyers who are much closer to a purchasing decision then someone who is searching for fund information through a search engine or a site focused more on stocks than on funds.
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