MGT Capital Investments Inc. (MGTI)

[Info_Sec]

Poor Confused Eijah Eric Anderson of MGT

He Tweeted:

To all those who still doubt us let me speak in a way you can understand... @officialmcafee & I are changing the world. Watch us win. $MGTI

His offerings are:

Demonsaw: A porn file sharing program.
Demonsaw 3d: A 'Wireless Dead Drop' for sharing in a group.
Demon Chat: The name says it all it's another Chat App.
Clear Skies: Supposed to put Microsoft Out of the Cloud Business.

So let me put this in a way everyone can understand (even confused little Eijah):

The stuff being offered is not going to impact Cloud Computing by any means. You can sit in a room and smoke all the dope you want and convince yourself the world is flat but it doesn't make it a reality. No one needs a porn sharing program. No one needs another chat app. No one needs a 'Dead Drop'.

For any one of his programs to be practical they would have to be used by hundreds of thousands if not millions of people. WhatsApp has 500 million users.

I've downloaded and looked at Demon Saw and it is not something sane people are ever going to use. The entire premise is file sharing. The design is cumbersome. It's boring. It's not practical.

I have been in Technology for nearly 30 years of my life and if they had something that was jaw dropping I would say - Hey, John McAfee is a pig but his software offerings are great. At this point all I can say is they have nothing to offer and what they have sucks.

So I have to conclude that their real goal is to steal money from investors who don't know any better.