Mushroom usually funnel-shaped, but shape is highly variable and often irregular. Fertile, spore-bearing lower surface, composed of closely pack spines or teeth (at right). When freshly mature, the mushroom oozes a blood-red liquid. A truly creepy fungus. Has a mutually beneficial relationship with trees sharing nutrients between the fungal threads underground and the tree roots.
Has only been seen once in Wildwood -- in the woods on the eastern slope.
Easily overlooked unless actively bleeding, and then easily recognized.