MGT Capital Investments Inc. (MGTI)

[Imperial Whazoo]

Heres the whole round trip:

He was granted these shares as part of an employee incentive plan.... basically, what stinky pinkies do is pay people in shares. So here is the form representing the obtaining of the shares on 8/18/17:

https://www.sec.gov/Archives/edgar/data/1001601/000149315217009695/xslF345X03/form4.xml

Here is the note from that form explaining the acquisition of the shares:
"The Securities were acquired through a grant pursuant to MGT's 2016 Equity Incentive Plan."

Then, he (quite effectively) paid himself and kept the exact same base level of share ownership, 788,819 shares, net after the round trip.

This is the sell side of the 100,000 share round trip:
https://www.sec.gov/Archives/edgar/data/1001601/000149315217010183/xslF345X03/form4.xml

So, if anyone thinks this is evidence of the insiders bailing on the company and/or incorrectly leveraging their insider knowledge, please explain. I personally think its a nice pay day for the guy and its not even remotely suspect. It was his deal going in as regards payment in shares and it was fully disclosed, immediately.

So, what say ye? Evil behavior of scam artists sneakily stealing money out of our collective pockets or perfectly normal round trip event where the guy agreed to be paid in shares and executed a round trip by correctly filing all the forms in a timely fashion, without even the tiniest evidence of suspicious behavior?

Hmmmm....

:o)

Imperial Whazoo