Fund.com Inc (FNDM)

[ThomasBraziel]

Hi guys - sorry for being slow in getting materials out on the receivership website. Post-receivership the idea was to look for and consider any and all transactions that would create value for shareholders (whether that be via buying a business, investing the capital, or simply liquidating the Company in the most cost effective way). That said, in order to retain as much of the recoveries from the receivership as possible, we had a take an aggressive NOL position, and with that comes potential audit challenges. This was in the 2017, 2018, and 2019 taxes, and the lookup periods are generally 3 years, so in order to liquidate I have to allow for the audit periods to pass. Anyway, I posted a bunch of new information on the receivership website.

http://www.fndmreceivership.com/

Cash Balance: 2.1m USD (Note: Does Not Include Any Costs To Liquidate)

NOL Position: 8.1m USD

Share Outstanding: 669,539 (Note: Subject to Change)

If anyone has questions, please feel free to email me ([e-mail]).

Thanks, Thomas