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The fact that their website is down day after day is very concerning.
https://bitcorporation.co/investors
" The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. "
Looks down to me. Bitcoin up big yesterday and this one down. Today bitcoin down... We really need a company press release!
Disappointing on a big Bitcoin up day.
Is it halted this morning?
Is it too late to buy it now, or are you buying more?
Is there any news on why this will keep going up?
I find no news on Gemini. Why is this going up? Thanks in advance.
Wonder what the executive board thinks of Penny Green's previous ideas now...
Doing nothing can still be part of the team.
It's been "soon" forever now... Never going to happen.
It's
Quit
Their
Quiet
Four grammar mistakes corrected above per the referenced posting. And a short posting it was.
Waiting for China buyers to get the news and start buying on Friday.
5.00 by Friday to sell next month's covered calls at a great price
MM's will try to pin this close to 5.00 on Friday 5/17, so both the puts and calls expire worthless.
You guys all know that INTV has only one (1) employee right?
Thank you for the info. Long and strong and selling out of the money calls to make additional $ while waiting each month.
Please post link to the analyst raise to 9.00 target.
Thanks in advance.
How much dilution are we talking about here?
Nice chart. Please keep them coming. Thanks.
Won't this company be out of cash in 2+ quarters from now? I am thinking they need a capital raise soon.
...As of March 31, 2019, Novavax had $108.7 million in cash, cash equivalents, marketable securities and restricted cash, compared to $103.9 million as of December 31, 2018. Net cash used in operating activities for the first quarter of 2019 was $50.6 million, compared to $66.1 million for same period in 2018.
Check out HUTMF , a miner
Weird since bitcoin was slightly up.
Just following for now, but what happened today for the big drop?
Z-zzzzzzzzzzz.
Big run coming till news out Monday May 13.
Looks like a high tight flag to me. ..
G R O W T H !!!!!!!!
Earnings look to be coming in every minute of every day 24/7/365...
That silence you hear is the sound of licensing fees accruing all the time.
"Revenues recorded in the first half of fiscal 2019 were derived primarily from licensing fees received from gaming operators located in the Asia Pacific (APAC) region and integrated with the company’s state-of-the-art GM-X platform."
Looking to get more cheapies tomorrow from desperate shareholders.
Why wouldn't a big whale just take this cash-machine company private by buying out the remaining shares?
Great info. You would think people would be buying this hand over fist. So much profit quarter after quarter...And growing too. What am I missing here?
Let's hope the Easter Bunny gives us a golden treat :)
Yeah. We all know ;)
Question is when?
I would like to see GMGI uplist to the OTCQB.
OTCQB
Back
OTCQX InternationalOTCQX U.S.OTCQX U.S. Banks
OTCQB
Qualifications
Eligibility Requirements
U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from requirement to use a PCAOB auditor for their initial audit)
Meet minimum bid price test of $0.01
Not be in bankruptcy
Have at least 50 Beneficial Shareholders, each owning at least 100 shares
Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security.
Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption (see OTCQB Standards)
Have a transfer agent that participates in the Transfer Agent Verified Share Program (US Companies only)
International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor
Reporting Requirements
Meet one of the following Reporting Standards:
SEC Reporting Standard
Regulation A Reporting Standard (Tier 2)
U.S. Bank Reporting Standard
International Reporting Standard
Alternative Reporting Standard
Timely disclosure of material news
Thanks shajandr.
Dumped all of mine yesterday once it hit 0.069. Also the ".io" email address was suspicious. Thanks to whomever pointed that out yesterday.
Look on the iHub news tab:
Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
Source: Edgar (US Regulatory)
Filed pursuant to Rule 424(b)(5)
Registration No. 333-225589
PROSPECTUS SUPPLEMENT
(To Prospectus dated July 23, 2018)
?
17,500,000 Shares of Common Stock
200 Shares of Series C Preferred Stock
100,000,000 Shares of Common Stock issuable upon conversion of Series C Preferred Stock
MGT Capital Investments, Inc. (the “Company”) is offering 17,500,000 shares of our common stock at an offering price of $0.03 per share, and 200 shares of our Series C Preferred Stock at an offering price of $10,000 per share (the “Stated Value”), pursuant to this prospectus supplement and securities purchase agreements between us and investors. Our aggregate gross proceeds from the sale of the securities, assuming all securities offered herein will be sold, will be $2,525,000, prior to expenses. On April 12, 2019, we entered into a purchase agreement (the “Common Stock SPA”) with Iliad Research and Trading, L.P. (“Iliad”), a Utah limited partnership, pursuant to which Iliad purchased 17,500,000 shares of our common stock at a per share price of $0.03 on April 15, 2019. In addition, the Company and Chicago Venture Partners, L.P. (“Chicago Venture”), a Utah limited partnership and an affiliate of Iliad, entered into a securities purchase agreement (the “CV Preferred Stock SPA”) dated April 12, 2019, pursuant to which the Company sold 150 shares of Series C Preferred Stock to Chicago Venture for consideration of $1,500,000 on April 15, 2019. On April 15, 2019, we entered into two preferred stock purchase agreements with two unrelated individual accredited investors, one of whom has purchased 25 shares of Series C Preferred Stock for a total purchase price of $250,000 and the other of whom shall purchase 15 shares of Series C Preferred Stock at the Stated Value per share.
The Series C Preferred Stock will have a stated value of $10,000 per share and will be convertible into shares of our common stock in an amount determined by dividing the Stated Value being converted by the conversion price. The conversion price will be equal to the lower of (i) $0.05 (subject to adjustment for stock splits, stock dividends, and similar transactions) or (ii) 70% of the lowest trading price of the common stock for the 10 days prior to the conversion date. This prospectus also includes the shares of common stock that may be issuable upon conversion of the Series C Preferred Stock.
Our common stock is listed on the OTCQB under the symbol “MGTI.” On April 12, 2019, the last reported sale price of our common stock on the OTCQB was $0.07 per share.
There is no established trading market for the Series C Preferred Stock, and we do not expect a trading market to develop. We do not intend to list the Series C Preferred Stock on any securities exchange or other trading market. Without an active trading market, the liquidity of the Series C Preferred Stock will be limited.
This morning's news not good - - "You will incur immediate and substantial dilution as a result of this offering. After giving effect to the sale by us of 17,500,000 shares of the common stock offered in this offering at the offering price of $0.03 per share, and after deducting estimated offering expenses payable by us, investors in this offering can expect an immediate dilution of $0.024 per share. See “Dilution.”"