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Forum - Wall Street Pit (Function(x) Inc - FNCX)    Stock Due Diligence for All

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From: Beacher (Rep: 165) reply to tokyopuaDate: 02/17/2017 13:22
Forum: Wall Street Pit - Msg #2661757 - List FNCX msgs Thread #673907125 (Rec: 0)
Re: Stopped out, also found this which is concerning:

ER 2 dyas ago- Affiliates of Function(x)’s Chairman and CEO, Mr. Sillerman, have committed to converting approximately $36,000,000 in preferred equity into shares of the Company’s common stock.

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Reply to tokyopua - Msg #2661749 - 02/17/2017 12:59

Stopped out, also found this which is concerning:
http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=11865674&RcvdDate=2/16/2017&CoName=FUNCTION%28X%29%20INC.&FormType=8-K&View=html

If anyone can say how they get out of this default I might get back in but for now that just looks bad?

Re: Great DD, more traffic than Buzzfeed wow... what else happened, did they not ...
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser Beacher: Reward | Watch | IgnoreFNCX: Ignore

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