Attached Link: The Scrunchie page, Click here to see.

Spent lots of time with my wife's scrunchie to do this.  She is still questioning what I'm doing with it.  Upon the examination the scrunchie appears to do four things: 1- Flatten 2- Fold 3- Twist And for lack of a better description, 4- Crunch.

Please use this  link to view all the pics and work done as far.   Will make available to some for testing upon request and consideration.  Will work in poser only just now.    

Here is a sample of what's done so far.