Board Thread:Speculation House/@comment-173.63.124.192-20150809124956/@comment-410526-20150810035208

ChishioKunrin wrote: Seriously, there might not be a Team FNKY. There's a 50/50 chance that they were joking about there being a Team FNKY, so don't get your hopes up on them existing. I do think they were jokingly referring to an actual team. It won't be called FNKY but I'm fairly sure this team exists.

A couple things I was pondering:
 * Penny doesn't have a team. Atlas also doesn't have anyone competing in the tournament. Maybe Team FNKY is Penny's team representing Atlas?
 * Vacuo also doesn't have any teams in the tournament, compared to 4 from Beacon/Haven and 2 from Mistral/Haven.
 * Who will be the 4th member of Cinder, Mercury and Emerald's team? I really doubt Neo will go undercover to compete in the tournament. She's way too distinctive and, as Chis said, all of Team RWBY had a very good look at her.