Interactive Brokers Advertisement
Home > Boards > US OTC > Computers - Software >

MGT Capital Investments Inc. (MGTI)

Add MGTI Price Alert      Hide Sticky   Hide Intro
Moderator: KrakenTaken, THE_BAMFACTSTER!!, penknee, shajandr, Scotttrader80, DwyaneMcRoberts
Search This Board: 
Last Post: 11/22/2017 3:21:42 PM - Followers: 322 - Board type: Free - Posts Today: 13




TeraExchange recently launched the first and only U.S. regulated trading platform for bitcoin swap contracts. By offering a bitcoin derivative product with regulatory structure and controls, TeraExchange created an exciting opportunity for institutional investors to confidently participate in bitcoin the marketplace



HARRISON, N.Y., Feb. 27, 2015 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into a Letter of Intent ("LOI") with Tera Group, Inc., ("Tera") owner of TeraExchange, LLC, a Swap Execution Facility regulated by the Commodity Futures Trading Commission ("CFTC").  Pursuant to the LOI, both companies will work diligently to finalize and execute a definitive agreement by March 16, 2015.

MGT will then file a combination S-4 Prospectus and Proxy Statement with the Securities and Exchange Commission.  Under the contemplated terms of the agreement, and subject to stockholder approval, MGT will issue shares of its common stock to the current owners of Tera, representing 70% of the pro forma equity of the combined companies at closing.

Tera has played a leading role in the development of bitcoin derivatives. In September 2014, Tera launched on TeraExchange the first regulated Bitcoin derivative products, and a spot Bitcoin price index.  Trading of USD/Bitcoin derivatives is subject to the rules and regulations of TeraExchange and the CFTC.  The Tera Bitcoin Price Index ("TeraBit") employs a dynamic algorithm that compiles and filters data on a real-time basis from a number of widely utilized global Bitcoin spot exchanges.  The TeraBit Index will be used as the settlement rate for USD/Bitcoin derivatives transactions.  

"Growing consumer and merchant adoption of bitcoin is driving demand for regulated capital markets solutions. By combining with MGT, Tera will create a unique public offering to support the essential infrastructure needed for a vibrant global bitcoin ecosystem," said Christian D. Martin, Chairman, Chief Executive Officer and Co-Founder of Tera.

"The proposed merger with Tera gives immediate and future value to our stockholders, while creating a robust platform for the growth of the industry's first publicly listed bitcoin derivatives exchange," said H. Robert Holmes, Chairman of MGT's board of directors, "The Bitcoin industry attracted over $400 million of investment capital from some of the world's most prominent investors over the past 12 months; we see our move today as further progress in the broader adoption of the industry."

Tera is led by a talented management team with a combined 47 years of experience in capital markets and derivative products, 43 years in legal and regulatory, and 46 years in technology development and engineering.

Mr. Martin spent more than 20 years in senior trading and management positions at Merrill Lynch and Bank of America, where he was responsible for global trading desks of interest rates, credit, and financing - securities lending transactions.

President, COO and Co-Founder Leonard T. Nuara was formerly a shareholder in the international law firm of Greenberg Traurig LLP.  Prior to that, he was Chair of the Technology and Intellectual Property Group at Thacher Proffitt & Wood LLP.  He is a nationally recognized leader in the technology and intellectual property fields.

Chief Commercial Officer John Maguire spent 18 years at Goldman Sachs, where he held various roles, including interest rate and cross asset derivative sales, marketing, and business development. Mr. Maguire is also the former Global Head of Trading at Bridgewater Associates, the largest hedge fund in the world.

Source Capital Group, Inc. acted as sole financial advisor to Tera Group.

About MGT Capital Investments, Inc.
MGT Capital and its subsidiaries operate social and real money gaming sites online and in the mobile space, including ownership of the 3rd largest daily fantasy sports wagering platform,  The Company also offers games of skill through and social casino games with SlotChamp™, and also operates an online portal for fantasy sports news and commentary,  MGT also launched Daily Fantasy Legend in partnership with Facebook to become the First Daily Fantasy Platform on Social Media.  In addition, the Company owns intellectual property relating to slot machines and has asserted its claims via patent infringement lawsuits.

About Tera Group, Inc.
Tera Group owns TeraExchange LLC, a Swap Execution Facility (SEF) regulated by the Commodity Futures Trading Commission and provides market participants with access to Bitcoin derivatives, interest rate swaps, credit default swaps and non-deliverable forwards.  TeraExchange is a global pioneer in the derivatives marketplace and provides a multi-asset class platform for trading of an array of financial instruments.
















"On Tuesday, McAfee told CNNMoney he's lost everything. Only a tiny fraction of his one-time $100 million net worth survived the 2008 market crash. But his fortunes really took a hit in 2012, when McAfee fled Belize police who aggressively sought him for questioning on the death of his neighbor.

The government raided his jungle compound and seized everything inside. The buildings on McAfee's property later burned down under suspicious circumstances.

"Everything I owned was in Belize. I left with nothing in my pocket," he said.

McAfee said most of his remaining riches were in the vast art collection he left behind. He claims that the Belize government auctioned off many of his belongings, but his art pieces never showed up.

McAfee is now living in an apartment in Montreal, Canada, with his wife Janice. He's getting by on consulting work -- shelling out advice to firms on acquisitions, technology and internal restructuring."

Actual unretouched selfie of John McAfee - seriously!

"Known for his outspokenness and getting himself into a spot of trouble, John McAfee is certainly a colourful character in the tech industry. Since he became a suspect in the death of his neighbour in Belize back in 2012, McAfee has been arrested for driving under the influence with a handgun, revealed he is running for President, and released a bizarre video featuring scantily clad women, ‘bath salts’ and a guide on how to uninstall McAfee Antivirus." -

Trailer for Showtime documentary "Gringo: The Dangerous Life of John McAfee" -

MGT changed to MGTI, and delisted from the NYSE Amex to the OTC.:

Who is the face of Future Tense? Janice Dyson, John McAfee's hooker and career criminal.
"McAfee's girlfriend, Janice Dyson, is a former stripper and prostitute. They first met in Miami.

JANICE DYSON:    He was visiting and from Belize. I met him on South Beach. He was at the cafe, having a cup of coffee and I'd walk by with my girlfriend and when he saw my butt he said that he had to know who I was and so he told me I have the finest ass in Miami,  which..."

18 April 2017 - MGTI becomes DELINQUENT FILER and earns OTC Markets STOP SIGN.




Interactive Brokers Advertisement
Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
MGTI News: Quarterly Report (10-q) 11/09/2017 05:05:18 PM
MGTI News: Proxy Statement (definitive) (def 14a) 10/26/2017 05:20:26 PM
MGTI News: Current Report Filing (8-k) 10/16/2017 05:31:02 PM
MGTI News: Amended Statement of Beneficial Ownership (sc 13d/a) 10/16/2017 02:24:35 PM
MGTI News: Proxy Statement - Notice of Shareholders Meeting (preliminary) (pre 14a) 10/13/2017 05:14:00 PM
#28112  Sticky Note $$$ MGTI $$$ Lots of money made here THE_BAMFACTSTER!! 09/13/17 09:15:51 AM
#27474  Sticky Note MGTI is the next CHKP VRSN and AAPL 3DYOGI 09/02/17 03:12:15 PM
#26627  Sticky Note New 8k. MGT takes on $2,410,000 in convertible penknee 08/28/17 08:26:52 PM
#26077  Sticky Note Bath Salts Johnny RESIGNS as CEO from pennyscam MGTI. shajandr 08/22/17 06:17:43 PM
#29324   Silent sentential is no bueno. Don’t expect much todd72113 11/22/17 03:21:42 PM
#29323   MGTI!!!!!!!!!!!Dilution is almost finished! Look for a upward ResearchDD 11/22/17 01:59:12 PM
#29322   Watch the pps, this is classic dilution. hobowilly 11/22/17 12:34:59 PM
#29321   Pretty easy to figure out when MGTI has elkonig 11/22/17 11:58:34 AM
#29319   I tried to warn you . arbmaster 11/22/17 10:58:50 AM
#29318   Agree 100% and as I've said if there hobowilly 11/22/17 10:58:16 AM
#29317   Every time I trade using Fib levels, I Imperial Whazoo 11/22/17 10:34:46 AM
#29316   I think it may be time to dump hobowilly 11/22/17 10:26:40 AM
#29315   This is going to suck big time if hobowilly 11/22/17 09:47:41 AM
#29314   They’ll be back when the next promise pr todd72113 11/22/17 08:04:43 AM
#29312   I THINK A LITTLE MORE PR FROM JM,WOULD CRAZYED562 11/22/17 12:20:44 AM
#29311   Imperial are you saying MGTI may hit back rjunior79 11/21/17 08:44:18 PM
#29309   That answer really make me want to buy todd72113 11/21/17 03:00:11 PM
#29308   So much for that happening . todd72113 11/21/17 02:59:28 PM
#29307   I disagree, best trading stock I've seen in Full Contact Yoga 11/21/17 01:26:32 PM
#29306   I rarely offer my advice for free arbmaster 11/21/17 12:43:18 PM
#29305 Toninho 11/21/17 12:12:49 PM
#29304   Just like the US dollar counterfeiters, there will deallooker 11/21/17 09:56:00 AM
#29303   And another todd72113 11/21/17 08:23:45 AM
#29302   I thought MGTI was the leading US miner todd72113 11/21/17 08:21:53 AM
#29301   Hmmm another reason todd72113 11/21/17 08:21:17 AM
#29300   Here's your factual link, I checked it out hobowilly 11/21/17 02:24:33 AM
#29298   Today just looked like insiders moving money around deallooker 11/20/17 04:45:50 PM
#29297   Hahahaa so true lot of peeps are stuck todd72113 11/20/17 04:38:25 PM
#29296   Well other than it's a big POS, I hobowilly 11/20/17 04:27:32 PM
#29295   Lolzzzzzzz doesn’t make since. does it ? I’m todd72113 11/20/17 04:11:09 PM
#29294   WTF? POS They must be mining hobowilly 11/20/17 04:09:10 PM
#29293   Lolzzzzzzzzzz make it a double !!!! todd72113 11/20/17 04:01:13 PM
#29292   Can we finish red today? hobowilly 11/20/17 01:59:46 PM
#29291   Looks sounds and walks like a duck it’s todd72113 11/20/17 01:50:35 PM
#29290   So Bitcoin blasts thru $8k and MGT does squat. hobowilly 11/20/17 01:40:22 PM
#29289   I know, that's why I'm asking hobowilly 11/20/17 01:37:43 PM
#29288   MGTI, so easy to make money here! MadHatter326 11/20/17 12:54:00 PM
#29287   Hahahah it’s JM who would’ve thunk it todd72113 11/20/17 11:45:22 AM
#29286   Just google "Sentinel" you get dog collars and Scotttrader80 11/20/17 11:24:38 AM
#29285   Any link that says there is no uplisting Marco Polo II 11/20/17 11:19:27 AM
#29284   Hahahba and we probably never will. At least todd72113 11/20/17 10:57:10 AM
#29282   Where is the interest in our stock ,no volume? vanessapu 11/20/17 10:45:15 AM
#29281   Has anyone seen/heard anything regrading Sentinel orders/shipments/product revie hobowilly 11/20/17 09:35:31 AM
#29261   There is no imminent uplisting coming. That’s the todd72113 11/18/17 01:10:58 PM
#29260   It's exactly what they did last year. Increase Full Contact Yoga 11/17/17 08:30:25 PM
#29259   True but now they want to increase the Scotttrader80 11/17/17 06:33:17 PM
#29257   When it does you won’t able to give todd72113 11/17/17 01:27:33 PM
#29256   $$$ MGTI $$$ Very nice action going on. THE_BAMFACTSTER!! 11/17/17 10:40:48 AM
#29255   Dilution on the way. Bank on it. MochaLatte 11/17/17 10:31:13 AM
#29254   Right-Tee-Ooo It's just to have options ready and available hobowilly 11/17/17 10:01:17 AM
#29253   They've had an RS approved for all of Full Contact Yoga 11/17/17 09:50:56 AM
#29252   You’re talking about forward split. Companies rare do it. skwong 11/17/17 01:21:22 AM
#29251   interesting read todd72113 11/17/17 12:30:39 AM
#29250   He could lolzzzzz since he is the guru todd72113 11/16/17 10:50:15 PM