Business
MGT Capital Announces Up-Listing to OTCQB
MGT Capital Announces Up-Listing to OTCQB.
About this update from Mgt Capital Investments, Inc.
[{"type":"text","content":"\n\n\n\nMGT Capital Announces Up-Listing to OTCQB\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMGT Capital Announces Up-Listing to OTCQB\nPR Newswire\nDURHAM, N.C., Sept. 18, 2017\n\n\n\nDURHAM, N.C., Sept. 18, 2017 /PRNewswire/ -- MGT Capital Investments, Inc. (OTCQB: MGTI) today announced the Company has been approved for up-listing and will commence trading effective today on the OTCQB Venture Market, operated by OTC Markets Group. \n\nOTCQB is designed for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. OTCQB is considered by the SEC as an 'established public market' for determining price when registering securities for resale. \n\nRobert Ladd, President and CEO of MGT stated, \"We are pleased to be recognized with this move up to the OTCQB tier and will continue our high standards of transparency and financial reporting disclosure.\"\n\nAbout MGT Capital Investments, Inc.\n\nWith facilities in WA state, MGT Capital Investments, Inc. (OTC: MGTI) ranks as one of the largest U.S. based Bitcoin miners. Further, the Company continues to focus on an expansion model to grow its crypto assets materially. \n\nThe Company is also developing a portfolio of cyber security technologies, with industry pioneer John McAfee as its visionary leader, creating advanced protection technologies for mobile and personal tech devices, as well as corporate networks. The Company's first product, Sentinel, an enterprise class network intrusion detector, is currently in beta testing, with commercial release anticipated by the end of September 2017. The Company also has entered into a joint venture with Nordic IT to develop and market a mobile phone with extensive privacy and anti-hacking features. The Privacy Phone has a tentative release date of February 2018.\n\nFor more information on the Company, please visit: http://ir.stockpr.com/mgtci \n\n\n\nForward–looking Statements \n\nThis press release contains forward–looking statements. ...