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$MGT Performance history: Looking about the pas

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Post# of 23114
Posted On: 05/30/2016 9:01:01 AM
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Posted By: fitzkarz
Re: nwar #11257
$MGT Performance history:

Looking about the past performance history, the company plunged -18.97% in past week and climbed 657.82% in one month. During the past three month period the stock surged 921.74% and increased 921.29% in past six month. During the twelve month it added 434.09% and year to date performance of 921.74%.

On May 26,2016 MGT Capital Investments, Inc . (NYSE MKT: MGT) Friday declared that it has entered into a definitive asset purchase agreement to acquire certain technology and assets from Demonsaw LLC , a provider of a secure and anonymous file sharing software platform. Using multiple layers of encryption (both symmetric and asymmetric), Demonsaw offers users full control of data and also offers private router services . Demonsaw is a fully decentralized, mesh-based network that does not use P2P, providing protection of IP addresses. Demonsaw is available in 32-bit and 64-bit versions for Windows, Apple OSX, Android, Raspberry Pi and Ubuntu.

In conjunction with the anticipated acquisition, MGT is pleased to announce the proposed appointment of Eric J. Anderson as Chief Technology Officer upon closing of the transaction. Mr. Anderson, who is well known as “Eijah” in the hacker community, is the founder of Demonsaw. For the past five years he was an Associate Technical Director and Lead Programmer for Rockstar Games where he architected core engine and artificial intelligence code for Grand Theft Auto, among the world’s highest grossing video game franchises. Before that Eric was Lead Programmer for Guitar Hero 6 at Activision and also served as Portfolio Architect of Security at American Express. Eric has been a college faculty member, keynote speaker at DEF CON and Hack Miami conferences, and holds a Master’s Degree in Computer Science from Arizona State University. He is an active member of the hacking community and is an avid proponent of Internet freedom.


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