Fund.com Inc (FNDM)

[CMA7]

I just called Mr. Hlavsa and spoke with him:

RE Gerova listing: At issue is the question as to whether Gerova can trade at this time, even on the pinks, without having met its current financial disclosure obligations. They are awaiting guidance from council on this question.

He said that a company in Gerova's position could continue to trade privately.

RE FNDM: He could not deny or confirm that fndm still has a majority ownership of Advisor Shares. (I am assuming that if they have not been able to pay them as per their contractural agreement, that fndm's ownership status of A.S. may or may not have changed)He could neither confirm or deny a delinquent or timely payment status.

He said he was very sorry, and he said he could not answer any of my questions because the answers to my questions have not been publicly published.

I said that there seemed to be little left but hope, and that dimming fast. He said that the one thing both companies had was time, and that time only would tell where this went.He said that there was virtually no connection now between FNDM and Gerova.