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