MGT Capital Investments Inc. (MGTI)

[hondaboost]

MGTI: "On February 27, 2019, shareholders approved increasing the authorized common shares from 125,000,000 to 2,500,000,000. Based on the graph below, the company seems to be adding about 150 million shares per year or 37.5 million per quarter. But apparently the company has increases its dilution rate. As of the first quarter ending March 31, 2018, it had 122,404,668 outstanding shares. As of May 31, outstanding shares were 218.690 million. So now the dilution rate is 48,142,904 per month, or 144,428,712 per quarter. At that pace, it will take the company 11.43 quarters, or 2.86 years (till March 2021), to issue all authorized shares."