MGT Capital Investments Inc. (MGTI)

[Imperial Whazoo]

Here are the facts, taken from SEC filings, as regards John McAfee's current status in relationship to MGTI. The portions of the following that are in quotes are taken, verbatim, from the most recent 10Q filing, dated 11/9/17.

The link to this November 9, 2017 10Q filing is the following:

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12373201

The filing was for the quarter ending September 30, 2017.

There have been 12 filings since that date, and a table of the form types and the dates is a part of this post, and you can find it at the bottom of this post.

Relevant facts established in the 10Q filing are:

1. Mr. McAfee is employed today as "'the Chief Cybersecurity Visionary of the Company overseeing the design of the Company’s cybersecurity platforms".

2. The effective date for the start of this "new employment" agreement was August 14, 2017.

3. "Mr. McAfee’s new agreement is for a term of 24 months". Thus, he is currently employed by the company and it expires on Aug 14. 2019.

4. Mr. McAfee owns "Executive options to purchase an aggregate of six million (6,000,000) shares of the Company’s common stock"
? options to purchase 1,000,000 shares of the Company’s common stock at a purchase price of $0.25 per share;
? options to purchase 2,000,000 shares of the Company’s common stock at a purchase price of $0.50 per share; and
? options to purchase 3,000,000 shares of the Company’s common stock at a purchase price of $1.00 per share.

5. As a part of the new employment agreement dated August 14, 2017, the company extended the term of "Mr. McAfee’s previously granted stock options to August 4, 2022" and "caused them to be immediately exercisable."

6. Since the filing of the 10Q, there have been no filings that indicate that Mr. McAfee has exercised or disposed of any of his options.

Conclusion:
Based on the above facts, each of which is drawn from the most current filings with the SEC, it is a certainty that all statements alleging that Mr. McAfee is no longer a part of MGTI are BLATENTLY FALSE.

Period.

Now, to help people, here are the relevant portions of the November 9, 2017 10Q:

Page 22:

"On August 14, 2017, in connection with the new employment agreement with Mr. McAfee, the Company modified his stock options to (a) extend the term of the stock options to August 14, 2022 and (b) to make the stock options immediately exercisable."

Page 24:

"On November 18, 2016,...... Mr. McAfee was granted Executive options (the “Options”) to purchase an aggregate of six million (6,000,000) shares of the Company’s common stock (the “Option Shares”), which shall be exercisable for a period of five (5) years as follows:


? options to purchase 1,000,000 shares of the Company’s common stock at a purchase price of $0.25 per share;

? options to purchase 2,000,000 shares of the Company’s common stock at a purchase price of $0.50 per share; and

? options to purchase 3,000,000 shares of the Company’s common stock at a purchase price of $1.00 per share.



Mr. McAfee is also eligible to earn a cash and/or equity bonus as the Compensation Committee may determine, from time to time, based on meeting performance objectives and bonus criteria to be mutually identified by Mr. McAfee and the Nomination and Compensation Committee. Such objectives and criteria may be based on a favorable sale or merger of the Company, in addition to operating metrics."

Page 25:

"On August 16, 2017, Mr. McAfee resigned as the Executive Chairman of the Board and as the Chief Executive Officer of the Company, effective on August 15, 2017. On August 16, 2017, Mr. McAfee accepted the appointment as the Chief Cybersecurity Visionary of the Company overseeing the design of the Company’s cybersecurity platforms, effective immediately. In connection with Mr. McAfee’s new appointment as Chief Cybersecurity Visionary, Mr. McAfee entered into a new employment, effective August 14, 2017. Mr. McAfee’s new agreement is for a term of 24 months at a rate pf $7.25 or the minimum wage of the state of North Carolina, whichever is higher. Upon execution, the Company notified Mr. McAfee’s previously granted stock options to (a) extend their term to August 4, 2022 and (b) cause them to be immediately exercisable."

Also, to prove my contention that there have been no filings (after the date of the 10Q, September 30, 2017), that show that Mr. McAfee has sold any of his options or had his employment agreement status changes, here are the documents and dates, which can be accessed via this link:

https://www.otcmarkets.com/stock/MGTI/filings

Form: --> 4 Jan 6, 2018

Form: --> 8-K/A Dec 27, 2017

Form: --> 8-K Dec 22, 2017

Form: --> 144 Dec 22, 2017

Form: --> 8-K Dec 21, 2017

Form: --> 4 Dec 21, 2017

Form: --> 8-K Dec 14, 2017

Form: --> 10-Q Nov 9, 2017

Form: --> D Oct 30, 2017

Form: --> DEF 14A Oct 26, 2017

Form: --> 8-K Oct 16, 2017

Form: --> SC 13D/A Oct 16, 2017

Form: --> PRE 14A Oct 13, 2017

Plainly, Mr. McAfee remains affiliated with MGTI.

:o)

Imperial Whazoo