One prollem: they're NOTT mining 60-70 bitcoins a quarter and revenue is NOTT $1,000,000 a quarter.
They are, by their own statement - BROKEASS.
So there are those two inCONvenient FACTS.
"The Registrant is unable to file its Quarterly Report on Form 10-Q for the period ended June 30, 2020 (the “Report”) without unreasonable effort or expense as the Registrant does not currently have sufficient funds"
A third inCONvenient fact is that MGTI is and has been nuffin butt a SCAM run by LADD, HONIG, and FIFE, three career pennycrooks and swindlers. With a history of many DECADES of pennygrifting.
70 * 18000 = 1.26 mil x12 = 15.12 mil a year 70 * 20000 = 1.4 mil x 12 = 16.80 mil a year 70 * 30000 = 2.1 mil x 12 = 25.2 mil a year 70 * 50000 = 3.5 mil x 12 = 42 mil
Monthly and Annual projections ifEven at 18 we are golden and underbought imho