Mark Holder
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Mark Holder in Out Fox The $treet,

MGT Capital: Q1 Results Reality Check

For those that want to be long MGT Capital (MGT), these are the Q1 financial results prior to the D-Vasive merger. The company has no revenues and $654K of administrative expenses. 

Remember that owning the stock is placing the faith in a 70-year old executive that thought this stock was worthy of owning 53% of the combined business. As an investor at these levels, you are suggesting that McAfee only creates all of the $150 million value though he gave away half the company by making this deal. 

Source: No position