Functionx Inc fka FNCX

[value1008]

I played this for a very lucrative little trade a couple of years ago when it ran from the $2s to touch $4 as i vaguely recall, then on a second trade lost a little more than i gained on the 1st trade when the stock collapsed from around $1.50 to 0.50s. (Lost a few hundred bucks overall, no big deal.)

Now FNCX is under $0.02.

I, too, played this one both times for the cachet of Sillerman's name, even though i was aware that he previously had one or two other badly failed businesses and shareholders were made bagholders.

I've often thought that some of those failed cos. and - thus far, anyway -- this one (FunctionX) are designed to be some kind of big tax writeoff for Sillerman. Which of course would be highly corrupt if he was luring in shareholders in his public cos. for this purpose.

Anyway, full disclosure: i haven't owned any shares here since that second trade many months ago, and don't plan on buying.

There are a lot of far better investments out there, in deeply undervalued yet proven profitable (very profitable) public companies.....