John McAfee Global Technologies NY:MGT

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1 year 7 months ago #118911 by lynnsa10
lynnsa10 replied the topic: John McAfee Global Technologies NY:MGT
Couple good videos, Bill Gates, cant stop bitcoin

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1 year 7 months ago #118910 by lynnsa10
lynnsa10 replied the topic: John McAfee Global Technologies NY:MGT

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1 year 7 months ago #118908 by Hoss
Hoss replied the topic: John McAfee Global Technologies NY:MGT
The war against Bitcoin or is it John McAfee.

Sept 12 McAfee's MGT Capital announces $35 million financing to expand bitcoin mining.

The next day Dimon of JP Morgan calls bitcoin a fraud, notice how they cleverly help google search attaching bitcoin, fraud and Drug dealers together

www.theguardian.com/technology/2017/sep/...urrency-drug-dealers

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1 year 7 months ago #118907 by GoldnBoy
GoldnBoy replied the topic: John McAfee Global Technologies NY:MGT
Did not see MGTI on Ron's last list, I sold half my position around $3.50, made over 300%

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2 years 4 months ago #117342 by Gambler
Gambler replied the topic: John McAfee Global Technologies NY:MGT
They are hanging in, looks like the stock is building a base around $1.15 to 1.30 or so

LOS ANGELES, CA / ACCESSWIRE / November 28, 2016 / MGT Capital Investments, Inc. (OTC: MGTI) announced today that it will be presenting at the 9th annual LD Micro Main Event on Thursday, December 8th at 11:30 AM PST / 2:30 PM EST at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. John McAfee, Executive Chairman and Chief Executive Officer, and Robert Ladd, President, will be presenting, as well as meeting with investors.

The LD Micro Main Event is the largest independent conference for small/microcap companies and will feature 240 presenting names.

View MGT's profile here: www.ldmicro.com/profile/MGTI

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2 years 5 months ago #117203 by GoldnBoy
GoldnBoy replied the topic: John McAfee Global Technologies NY:MGT
Seems there are strings being pulled from somewhere, somebody does not like this company or maybe McAfee. The NYSE delists the stock with no notice.

MGT's common stock was also suspended from trading on NYSE MKT by the Exchange with no warning or apparent appeal process. We expect the Company's stock to begin trading over the counter under the ticker symbol "MGTI" beginning today, October 20, 2016.

The Company knows of no facts or circumstances that would lead NYSE Regulation to reach its unilateral decision. The fact pattern actually produces the opposite conclusion: Notwithstanding the NYSE MKT's (also unilateral) decision to prevent the issuance of shares in connection with MGT's stockholder approved acquisition of D-Vasive and Demonsaw, MGT is indeed an operating company using any definition of those words. Moreover, the Company has not sold or disposed of its principal operating assets.

It is the Company's position that the facts dramatically contradict the Exchange's decision. In recent months, MGT has acquired operating assets including two cybersecurity devices and bitcoin mining equipment and infrastructure. It currently has 15 employees and consultants, a newly signed 3-year lease for a tech center in Durham, NC, has announced the commercial release of its first cybersecurity product, and is currently a top U.S. producer of bitcoins. The bitcoin operations generate over $50,000 per month in gross profit, offsetting the $300,000 per month costs of operations. The company's preliminary balance sheet for September 30, 2016 consists of over $2.1 million in cash plus approximately $750,000 of marketable securities.

"In our opinion, the conclusions of NYSE MKT are not only wrong and unfair, but insulting. Furthermore, this regulatory standard appears to be applied arbitrarily when comparing MGT to other issuers, or even to MGT itself over the years," stated John McAfee, Executive Chairman of MGT Capital.

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2 years 6 months ago #117159 by RonS
RonS replied the topic: John McAfee Global Technologies NY:MGT
This might be of interest to some.

How Bitcoin Works www.coindesk.com/information/how-bitcoin-mining-works/

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2 years 6 months ago #117155 by Gambler
Gambler replied the topic: John McAfee Global Technologies NY:MGT
Agree, seems to want to trade around $2.00

News yesterday

HARRISON, N.Y., Oct. 3, 2016 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT), updated shareholders today on its wholly-owned large scale Bitcoin mining operation in central Washington state. After the first full month of operations, the Company is pleased to have delivered on the metrics it outlined on September 13, 2016. Specifically, the Company has mined over 90 Bitcoins, presently valued at approximately $611 each. Also, MGT has begun to implement Phase Two of its Bitcoin mining operations scheduled to expand its processing power to more than five PetaHash by the end of the fourth quarter of 2016.

The Company has successfully executed on its strategy to maximize profits from mining operations by capitalizing on low cost hydroelectricity and using proprietary software to optimize and manage the performance of its machines. In addition, MGT is utilizing state-of-the-art 16 nanometer ASIC chips and highly efficient power supplies, further reducing the power requirements of mining operations.

"I wish to thank our shareholders for the positive feedback we have received since completing the first phase of our Bitcoin project. Our machines have been working flawlessly at full potential with a very high level of efficiency. We are excited and ready for the expansion of this activity as we implement the second planned phase," stated Robert Collazo, Director of Operations for MGT's Bitcoin mining operations.

John McAfee, Executive Chairman of MGT, commented, "The cash flow opportunity in the Bitcoin market provides tremendous financial benefit to our operations and balance sheet. At our current output, we believe MGT is one of the top five Bitcoin miners in the U.S., and we believe our first quarter 2017 goal of 10 PetaHash for this facility would place MGT in a leadership position in the global Bitcoin network. Moreover, I cannot emphasize enough how an operation of this scale provides us with a key competitive advantage for developing security and privacy applications and platforms using the Blockchain."

About MGT Capital Investments, Inc.

MGT Capital Investments, Inc. (NYSE MKT: MGT) is in the process of acquiring a diverse portfolio of cyber security technologies. With cyber security industry pioneer John McAfee at its helm, MGT Capital is positioned to address various cyber threats through advanced protection technologies for mobile and personal tech devices, including tablets and smartphones. The Company is currently in the process of acquiring D-Vasive, a provider of leading edge anti-spy software, and Demonsaw, a provider of a secure and anonymous file sharing software platform.

MGT Capital intends to change its corporate name to "John McAfee Global Technologies, Inc." upon closing of the D-Vasive transaction.

For more information on the Company, please visit ir.stockpr.com/mgtci .

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2 years 6 months ago #117127 by DearJohn
DearJohn replied the topic: John McAfee Global Technologies NY:MGT
Looks like it may form a base around $2, but have to see if it can hold

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2 years 7 months ago #117096 by Trev
Trev replied the topic: John McAfee Global Technologies NY:MGT
Quite a plunge last two days. I have not bought any yet, but might when this settles. There is other ways they can make the acquisition without listing the shares

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2 years 7 months ago #117089 by RonS
RonS replied the topic: John McAfee Global Technologies NY:MGT
I would just go to the 38 minute mark and listen from there. It will give you the best picture what MGT is all about

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2 years 7 months ago #117088 by alexgreat
alexgreat replied the topic: John McAfee Global Technologies NY:MGT
There was an Investor conference call today, here is the link

public.viavid.com/player/index.php?id=121069

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