B.E. Capital has been a major shareholder in Fund.com, Inc for quiet some time. In 2016, Mr. Braziel was appointed receiver of Fund.com, Inc and since that time has sought to restore fraudulently transferred assets to the company.
As part of the receivership, Mr. Braziel has successfully settled litigation with AdvisorShares and recovered (and relaunched) the fund.com domain name. Today, another milestone was achieved- nearly a quarter of outstanding shares of the company have been disallowed:
This ensures that all value restored to the company, and all value created in the company going forward, is properly attributed to legitimate shareholders.