Wednesday, May 24, 2017 12:32:31 PM
@ less than .80 stock price?
Best Mr. M put the Bit Coin business on the back burner and focus on a Movie, Book and anti-hero audience VG/comic.
Upon reflection . . . how can Mr. M 'guarantee' Bit Coin transaction went through? BAC, etc. can guarantee its money transactions.
Ever note a FED statement on future of Bit Coins?
Bit Coin mining is ready made for monitoring and auditing potential activity from IRS, HLS, and Treasury Agents, etc.
Does Mr. M think he can just waltz on to the internet, AI , stock exchanges, use The Cloud without permission? One exchange has already forced MGTI away.
Previous P&D cost MGTI lots of upset retail investors, and many have left accordingly. Very little solid evidence MGTI can survive if internet access for Bit Coin mining has transactions network 'communication default', which can happen anytime.
Sun Spot activity for one . . . idiot caused local forest fires haze another example of satellite hook up interference.
Best scenario MGTI slowly expanses Bit Coin Mining and concentrates on Movie and Book, etc. to stabilize earnings.
$2 Mil recent financing @ 10%I (all he can 'get' now) will not fund all his current MGTI activities. His burning rate (without any activities funding routing to current project activity, is what?
His PR funds and efforts are based on freebies and low-cost actions.
Recent MGTI News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 09:19:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 06:17:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:30:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 06:21:10 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 12/29/2023 05:15:26 AM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 12/22/2023 09:30:32 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 12/22/2023 09:30:32 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 12/22/2023 09:30:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 01:30:39 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/13/2023 04:29:30 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 05:27:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/27/2023 09:15:13 PM
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