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MGTI is making no sense!!!!!
Excerpt from 5/14/2019 -- PR
As of today, MGT is mining with 1,800 machines in Colorado Springs... An additional 400 Company-owned miners are currently racked and undergoing final stages of setup....
MY MATH: 1,800 + 400 = 2,200
Today's PR says:
MGT is now mining with 1,260 Bitmain S9's in Colorado Springs, representing its entire commitment in this location.
Where is the rest of the Bitmain S9's from the May PR??????????????????????????????????????????????????
Good for Hive, they've resolved this thorn on the side with Genesis Mining. I always thought the structure of the previous partnership only benefited Genesis. The new structure seem to favor Hive and it's share holders.
Does anyone know if MGTI still have plans to be up-listed to NASDAQ?
Cool!! Do you have a link where I can read about that?
correction 18Mil $share$ moved
18K shares moved already today. I'm still holding this 83K shares over a year now. Guess I will consider becoming optimistic... maybe!
Dilution machine is revving up for another run again... again....
Common stock that may be offered by selling stockholder 75,500,442 shares
Common stock outstanding before this offering 231,003,479 shares
Common stock to be outstanding after this offering 306,503,921 shares
Read the 8-K filling on your "news" tab, dated 2/28/19
RIGHT!!!! an obvious increase from the previous 125,000,000
BTW...
On February 27, 2019, MGT Capital Investments, Inc. (the “Company”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment (the “Certificate of Amendment”) to its Restated Certificate of Incorporation, increasing the number of authorized shares of common stock of the Company from 125,000,000 shares to 2,500,000,000 shares, as discussed under Item 5.07 below. A copy of the Certificate of Amendment is attached
Dilution machine is fully operational. Outstanding shares seem to be growing
You've been hating hard for a long, long time. Did John McAfee piss in your koolaid?
Been playing this stock the last 2 years and till Holding tens of thousands of shares in the bag. Maybe I missed something but I don't see any reason for optimism with this proven dilution machine.
I really couldn't figure out what Shidan was saying in hi video. Sounds a little like current shareholders should be looking for shares from the spinout. AMMBR sold 320 mil tokens out of 400 mil total
Cool article thanks
BAMFACTOR at nowadays? Heno pump anymore?
So sensitive!
MGTI have yet to send any PR out about the machines turning on. Also, I haven't read anything about a recent reverse split, maybe I missed it.
Actually according to MGTI, they can begin mining at a profit as long as BTC is above $2K.
P.S. do your own DD, you email the company yourself.
Hi ya'll. If anyone wants to get some XML or BAT altcoins, coinbase is giving some away.
https://www.coinbase.com/join/5a3847cf5effa605122ee3dd?src=android-link
If you guys want some XML or BAT coins, coinbase is giving some away. I do ask you use my code but it's your call.
https://www.coinbase.com/join/5a3847cf5effa605122ee3dd?src=android-link
Potentially toxic debt if mismanaged but welcomed considering the circumstances.
I think a partnership with the Likes of Amazon have this company in a bright spot. The volume has been picking up lately so yeah I can see it riseup out of Pinky land to Nasdaq eventually
Well yeah you're one of a handful and guys like me appreciate this. So thank you..m
Whatchu talking about Willis?
Phenomenal dude, thanks!
Percentage wise that makes sense and I concur.
I'm bullish on MGTI but clearly you're just talking ??...
Got 220k shares, wondering if I should get more. If I do won't be for another week..
Hive as far as I know mine Proof-of-Work bases cryptocurrency
I don't think MGTI has the potential of a HVBTF or even BLKCF but if Bitcoin recovers MGTI would explode more than any other company. I have six of these mining companies in my portfolio and at one point I was more bullish on MGTI than the rest but I doubt that opinion now.
My outlook on this company? This company has a very, very poor history of decision making. To me they are an organization tha struggled to find a niche. Cryptocurrency mining happens to be an opportunity that presented itself on which they pounced. I applaud them for being bold and grabbing the bull by the horn. However, they have to cleanup remaining questionable judgment calls from management.
They've cleaned up their image of late but there is room for improvement. I'm concerned that because the price of BTC is so low the company may become a toxic debt and dilution machine rendering my shares useless. In plain english, I probably mortgage my kids future holding the bag this long but I hope not.
I've held shares in this company for over a year, did my DD. I say calling them the largest mining company is a double stretch.
I have no idea what you're saying. You'll have to rephrase that statement for clarity.
It's a step in the right direction...
Where is it? Link?
Maybe the bleeding will end afterwards ??
What's your opinion of them removing Blockchain from company name? Also, their move from an incubator of Blockchain business to a gaming company?
My order for 125K shares filled in 2 minutes awesome
I know it's a name change but I think this also shows a change in philosophy. At the end of the day, I have to just hold on tight.
I was sitting in a meeting at work and they're talking about encryption keys and how they are leveraging the Blockchain to improve the technology. I'm thinking bitcoin. After that meeting I go into another where the corporate officials are talking a 2021 move to incorporate Blockchain solutions to improve healthcare. I'm thinking more bitcoin and why? Because I work for a fortune 5... The outlook is great for the next 5 years, weather the storm yo!