MGT Capital Investments Inc. (MGTI): MGTI Closes under 0.09, high was barely...

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MGT Capital Investments Inc. (MGTI)

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Alias Born	04/04/2019

Re: None

Wednesday, 04/10/2019 11:39:28 PM

Wednesday, April 10, 2019 11:39:28 PM

MGTI Closes under 0.09, high was barely above 9 and it was as low as 7.5

BITCOIN is over 5300

MGTI AUTHORIZED 2.375 BILLION NEW SHARES (FEB 28 filing)...Total authorized shares 2.5 BILLION. The next filing will show outstanding shares have jumped from 118 Million to who knows how high.

That's the only explanation why this stock is stuck under 9 cents.

The question is, why would MGTI dilute so prematurely? If I were on their board, I'd have told the IT guys to wait until the stock hits dollar land before auto-diluting. They must be broke and desperate for cash at any shareprice smh lol

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Recent MGTI News

Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 05/30/2024 10:00:26 AM
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

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