MGTI is a insider enrichment/stock dilution scam and has been since ROBert Ladd was the frontman (before the SEC took him down), and then BARRY HONIG, a notorious toxic financier and serial pennyscammer ... and now he's in the soup with the SEC too.
And yesterday, this scam announced that it has diluted again and this time with a hugely discounted share issuance to known, long-time pennycrook and swindler, fraudster JOHN M. FIFE.
The IR person has a sketchy-as-hell email address in the British Indian Ocean Territories (.io) which is a haven for financial scammers and crooks to avoid the reach of the US DOJ - it is virtually impossible for anyone, including the US DOJ, to enforce subpoenas there or to make any arrests or asset seizures.
MGTI is loaded to the gills with well-known career crooks and swindlers. And the new IR contact is skeezy as well - really skeezy.
Dude, MGTI is a pennyscam turd. There is no reason to even discuss anything regarding the claims of this swindle. It makes zero difference. IF by some bizarre stretch of the imagination this turd pennyscam ever made a penny, the insiders will take it for themselves.
The only thing here for non-insiders is DILUTION, loss, and endless pain.
These are crooks - professional swindlers and grifters.
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