See feature articles below: (NYSE MKT: MGT)
About Broad Street Alerts:
Broad Street Alerts recent profiles and track record, 209% in verifiable potential gains for our members on the last 2 small cap alerts alone!
May 11th, 2016- (NASDAQ: STEM) opened $2.92/share hit a high of $3.90/share within a few hours our member potential gains- 33%
May 9th, 2016-(NYSE-MKT: MGT) opened at .64/share and hit 1.77/share within 4 days for gains of 176% for our members.
Report for: (NASDAQ: MGT)
Last week, on May 9th, our company, BroadStreetAlerts, issued a profile on MGT to our readers when the stock was $.64 per share. In Mid-day trading today the shares are at $2.70 representing an increase of 320%. More investors should be reading our profiles.
MGT company press release:
HARRISON, N.Y., May 16, 2016 /PRNewswire/ — MGT Capital Investments, Inc. (NYSE MKT: MGT) reported today a cybersecurity industry outlook provided by John McAfee, the Company’s proposed Executive Chairman and Chief Executive Officer. In conjunction with his appointment, MGT also recently announced the acquisition of certain technology and assets from D-Vasive, Inc., a provider of leading edge anti-spy software. The Company has also entered into a consulting agreement with Future Tense Secure Systems, Inc., a technology incubator with investments in other privacy and security applications, and an ownership interest in a technology incubator, Round House LLC.
In the past week, Mr. McAfee provided the keynote speeches at the Rocky Mountain Information Security Conference in Denver and at the Hack Miami Conference. “On a global level, people everywhere have become truly dependent on technology more so than anything else in the last 100 years. As this dependency increases so does the threat of vulnerability. It’s something that I’ve seen in small business and in world governments. Through my new company, John McAfee Global Technologies (MGT) we are going to work vigorously on finding vulnerabilities in every avenue possible.” (As previously disclosed, MGT Capital intends to change its corporate name to John McAfee Global Technologies, Inc. upon closing of the transaction.)
Mr. McAfee took the stage at the Hack Miami Conference with Eric “Eijah” Anderson, the founder and creator of Demonsaw, a decentralized cross platform information sharing application. Mr. Anderson, formerly a lead developer with Rock Star Games and American Express, introduced the Android version of his highly acclaimed software platform. Demonsaw is secure, anonymous and free, with end to end encryption without utilizing client P2P. Demonsaw, LLC is one of the cybersecurity focused companies in Mr. McAfee’s Future Tense portfolio.
“I am truly committed to MGT and the technology company pipeline within Round House and Future Tense as the natural continuation of my life’s work. Cybersecurity and privacy are important extensions of people’s freedom, and I plan to make this Company into the world powerhouse in the field,” McAfee said in a statement on his Twitter feed.
About MGT Capital Investments, Inc.
MGT and its subsidiaries are principally engaged in the business of acquiring, developing and monetizing intellectual property assets. MGT’s portfolio currently includes social casino and gaming platforms, and ownership stakes in DraftDay.com, a top daily fantasy sports wagering platform and DraftDay Fantasy Sports, Inc. operator of an online entertainment marketing and rewards platform.
MGT also recently announced the acquisition of certain technology and assets from D-Vasive Inc., a provider of leading edge anti-spy software. In conjunction with the acquisition, The Company also announced the proposed appointment of John McAfee as Executive Chairman and Chief Executive Officer. Further, MGT Capital also intends to change its corporate name to John McAfee Global Technologies, Inc. Closing of the acquisition is contingent on customary conditions including approval by MGT’s stockholders.
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