DD Support Board and Research Team

[nodummy]

MGT - things get even worse and more twisted when you start putting together the details of the proposed acquisitions that were the center piece for the pump&dump action and you start sorting out John McAfee's role on both sides. This was a nice article on Seeking Alpha that explains how John McAfee basically controls both sides of the proposed acquisitions:

http://seekingalpha.com/article/4006133-mgts-actions-stirred-core

The whole thing is beyond fishy. I mean obviously Barry Honig and Michael Brauser collaborated the whole insider enrichment scheme with Robert Ladd starting back in September 2015 as I explained in my other post

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125251272

That's just par for the course for Honig and Brauser. They run every ticker they get involved with from behind the scenes:

1) setting up their super cheap free trading shares through some kind of lopsided financing agreement that works heavily in their favor through the creation of debt or preferred shares or warrants that they can use to get super cheap shares to sell for huge profits
2) participating in the set-up of the new business operations
3) playing a part in the timing and content of the press releases
4) setting up the paid promotions to assist them with the selling of their super cheap free trading stock for their enrichment.

In the case of MGT, John McAfee was their Golden Ticket for them to sell their shares and get rich.

Let me ask you this. Why would MGT pay $125,000 for 2 months of paid awareness starting on May 9, 2016 the same day that John McAfee's involvement was announced? Easy because Barry Honig and Michael Brauser were pulling all the strings to the point that MGT even paid for promotions to assist them in selling their stock



But MGT has a whole other side that is just as fishy and just as dirty.

From that Seeking Alpha article we see that John McAfee basically controls D-Vasive.

"Mr. McAfee's wife Janice Dyson is the sole director of Future Tense Secure Systems, Inc. which owns 50.4% of the outstanding shares of the common stock of D-Vasive"

So how can somebody that has so much influence over both the company being sold and the company being bought not be able to make a deal happen? Here we are over 4 months after announcing the proposed acquisition and today MGT put out a press release basically setting things up for the deal to be killed.

http://ih.advfn.com/p.php?pid=nmona&article=72478545

It screams to me that the deal was never going to happen to begin with. It was all just part of the elaborate pump&dump run on MGT. Everything is setting up for Barry Honig, Michael Brauser, and John McAfee to all eventually be out of MGT with their pockets stuffed full of money because of the pump&dump and MGT to be left back where they started before the circus came to town.

I personally didn't know that the NYSE could reject share exchange deals for individual companies like the press release today says happened with MGT.

http://ih.advfn.com/p.php?pid=nmona&article=72478545



And assuming the NYSE can veto a share exchange agreement for individual companies, I'm wondering how long MGT knew that the NYSE would reject their deal. It could be they knew from the start or have known for a long time but only just now announced it because of the SEC has taken an interest in the MGT pump&dump.

MGT has found one delay after another to not consummate the proposed deals that were used for the pump&dump action.

When you start to read about what D-Vasive is really worth it is no wonder that the NYSE exchange said no way (assuming that's the truth):

"For the fiscal year ended March 31, 2016, D-Vasive reported annual revenue of just $10,000. On a cash-basis alone"

"At the end of Mar '16, D-Vasive had assets of roughly $5,000 (considering the depreciation and amortization of PPE)"

"On August 8, 2016, Friedman LLP conducted an audit of D-Vasive and concluded that the company has minimal revenues since inception and not enough cash to support its development effort"


The questions for me don't end there.

Why does pretty much every MGT press release since May say "With cyber security industry pioneer, John McAfee, at its helm [present tense], MGT Capital is positioned to address various cyber threats through advanced protection technologies for mobile and personal tech devices, including tablets and smart phones" and why does John McAfee say he is the CEO of MGT on his twitter page?





As of today John McAfee still holds no official executive position or director position at MGT. He is still just the "proposed CEO" and "proposed Executive Chairman of the Board" just like back in May. The deals get killed and he walks away like none of it ever happened much better off financially than before he got involved in MGT.

To date John McAfee is still at best a promoter and 3rd party consultant for the company who is being paid very well for his name and his services. To date he has never officially been anything more than the center piece of this elaborate pump&dump. Yet he is using the MGT website for his own personal crusade against Showtime who recently aired a Documentary that exposed more possible skeletons from his embarrassing past.

http://www.mgtci.com/showtime-gringo-response

Speaking of the MGT website. Why have they been listing D-Vasive as "a product" on their website when the deal was never completed?




McAfee says the SEC is interested in "past players" which I hope to mean Barry Honig and Michael Brauser, but those "past players" are the ones that put together the MGT of today including John McAfee's involvement so the SEC interest is sure to expand beyond just the "past players".