A coral-pink non-lichenized bulbilliferous basidiomycetes parasitizing Physcia on a fallen branch in a mixed woods suburban park. Marchandiobasidium aurantiacum is the currently accepted holomorph name for Marchandiomyces aurantiacus, the anamorph, seen in this observation. See more about this observation, the Nectriopsis also found on this substrate, and some informative links in obs 262313