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This was growing on the underside of an oak log.

The specimen has light purple to violet-blue to blue-green to green to yellow-green color in both the mycelium and tooth like protuberances. The mycelium is light and fuzzy.

The spores match other specimens I have found:

http://mushroomobserver.org/169610?q=24dM7

http://mushroomobserver.org/138456?q=24dM7