what is this script ?

<SCRIPT>
<!--
function scrollit(seed) {
var m1 = "Welcome to Turn Key Hedge Funds, Inc. ....";
var m2 = " ";
var m3 = "The Ultimate Source for Starting a Hedge Fund ....";
var m4 = "Registration, Compliance, Regulation and Administration ....";
var msg=m1+m2+m3+m4;
var out = " ";
var c = 1;
if (seed > 100) {
seed--;
cmd="scrollit("+seed+")";
timerTwo=window.setTimeout(cmd,100);
}
else if (seed <= 100 && seed > 0) {
for (c=0 ; c < seed ; c++) {
out+=" ";
}
out+=msg;
seed--;
window.status=out;
cmd="scrollit("+seed+")";
timerTwo=window.setTimeout(cmd,100);
}
else if (seed <= 0) {
if (-seed < msg.length) {
out+=msg.substring(-seed,msg.length);
seed--;
window.status=out;
cmd="scrollit("+seed+")";
timerTwo=window.setTimeout(cmd,100);
}
else {
window.status=" ";
timerTwo=window.setTimeout("scrollit(100)",75);
}
}
}
//-->
</SCRIPT>


thanks lol ..

 

Looks like a javascript news scroller...

 

It a hover news script, meaning that it will do some funtionality, on mouse hover.

Sorry, but I'm not an expert in java department, I am only familiar with basics.

 

where did you found it?