MGT Capital Investments Inc. (MGTI)

[boo boo]

Bath Saltz Johnny has been replaced, twice!

As previously reported on a Current Report on Form 8-K filed on September 12, 2018, on September 10, 2018, MGT Capital Investments, Inc. (the “Company”) announced that Robert Ladd will be taking a leave of absence from his positions as Chief Executive Officer and President of the Company and that H. Robert Holmes, independent director and Chairman of the Board of Directors of the Company (the “Board”), would assume the duties of Mr. Ladd as Interim President and Chief Executive Officer of the Company. To compensate Mr. Holmes for his added duties and time requirements, on October 29, 2018, the Board approved compensation for Mr. Holmes of $10,000 per month, payable in arrears on the final day of the month, pro-rated as required. The compensation will be retroactive to September 10, 2018 and shall remain in effect until such time as Mr. Holmes is no longer Interim President and Chief Executive Officer.