Replies to post #281 on MGT Capital Investments Inc. (MGTI)

[ihaveanorangebike]

investor2z,

"Regarding the lawsuit, the seekingalpha article has calculated the value of the share at around $5.10 even if it gets a settlement."

That isn't entirely accurate. First off, that article was from Zacks Small-Cap published on Seeking Alpha (just so people know it was not some freelance write for SA). Second, I don't think you can take that $5.10 number as their "calculation". The author freely admits that they came to that number using the absolute lowest figures possible, and even state that revenue from those machines is likely higher than the basement amount they used to calculate for the article. But even more than that, those numbers were only for a settlement with WMS and did not include Aruze.

I don't think MGT is going to settle for $4B, but I would be surprised, to say the least, if it is not more than the $85M figure given in that article. If indeed a settlement happens.