One should ask themselves . . . what is there to P&D against . . .
@ less than .80 stock price?
Best Mr. M put the Bit Coin business on the back burner and focus on a Movie, Book and anti-hero audience VG/comic.
Upon reflection . . . how can Mr. M 'guarantee' Bit Coin transaction went through? BAC, etc. can guarantee its money transactions.
Ever note a FED statement on future of Bit Coins?
Bit Coin mining is ready made for monitoring and auditing potential activity from IRS, HLS, and Treasury Agents, etc.
Does Mr. M think he can just waltz on to the internet, AI , stock exchanges, use The Cloud without permission? One exchange has already forced MGTI away.
Previous P&D cost MGTI lots of upset retail investors, and many have left accordingly. Very little solid evidence MGTI can survive if internet access for Bit Coin mining has transactions network 'communication default', which can happen anytime.
Sun Spot activity for one . . . idiot caused local forest fires haze another example of satellite hook up interference.
Best scenario MGTI slowly expanses Bit Coin Mining and concentrates on Movie and Book, etc. to stabilize earnings.
$2 Mil recent financing @ 10%I (all he can 'get' now) will not fund all his current MGTI activities. His burning rate (without any activities funding routing to current project activity, is what?
His PR funds and efforts are based on freebies and low-cost actions.
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