MGT Capital Investments Inc. (MGTI): "Shares were sold for just $.80 each: “O...

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Re: A deleted message

Thursday, 05/10/2018 1:01:37 PM

Thursday, May 10, 2018 1:01:37 PM

"Shares were sold for just $.80 each: “On March 15, 2018, the Company issued 200,000 shares of common stock to an investor for $80,000 in gross proceeds.”

My calculator says the shares were sold for $0.40 each.

$80,000/200,000 = 0.40

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