Cinnabar Red Stuff on a rotten log.

The largest (upper left) was about 2" in the longest dimension.  About 1/4" thick.

Here is a close-up of the largest.

You can see cotton like stuff sticking out from underneath.

Here is a shot of the underneath of the largest.

Anyone see anything like this before?
Darvin DeShazer was the first to ID it as Reticularia splendens