MGT Capital Investments Inc. (MGTI)

[Info_Sec]

Yes Ladd signed Toxic Debt as CEO

This equity purchase agreement is entered into as of March 10, 2017 (this “Agreement”), by and between MGT Capital Investments, Inc., a Delaware corporation (the “Company”), and L2 Capital, LLC, a Kansas limited liability company (the “Investor”).

WHEREAS, the parties desire that, upon the terms and subject to the conditions contained herein, the Company shall issue and sell to the Investor, from time to time as provided herein, and the Investor shall purchase up to Five Million Dollars ($5,000,000.00) of the Company’s Common Stock (as defined below);

MGT does not generate the cash flow of a portable snow-cone stand but they are borrowing and spending millions on self enrichment.