Navigation Links
MGT Capital Investments, Inc. Provides Update on Recent Developments
Date:8/22/2011

on as of December 31, 2010.  The decrease is mainly attributable to cash used in operating activities. As stated in the Company's most recent 10-Q filing, MGT had sufficient cash on hand and availability in the line of credit facility with a related party to continue operations through October 2011.

As a result of an action designed by the Company and MDST to reflect accurate cost allocation due to the recent headcount reductions at Medicsight, a majority of the compensation of the Company's executive officers will be borne by Medicsight, effective August 1, 2011.  In addition, the expiration of Medicsight's office lease in London on August 25, 2011 and the concomitant move of the Company's and Medicsight's operations to less costly space will materially reduce occupancy expenses for the Company.  These actions will enable cash on hand and availability in the line of credit facility with a related party to allow MGT to continue operations through March 2012, at which point the Company may need to seek additional sources of financing.  There is no guarantee that additional sources will be available at terms acceptable to the Company or at all.

About MGT Capital Investments, Inc.

MGT is a holding company comprised of MGT, the parent company, and its wholly-owned subsidiaries:  MGT Capital Investments (U.K.) Limited, MGT Investments (Gibraltar) Limited, and Medicsight Nominees Limited.  In addition we also have a controlling interest in our operating subsidiary, Medicsight PLC, including its wholly owned subsidiaries.  

Medicsight is a medical technology company focusing on medical imaging software development and medical hardware devices. Medicsight is listed on the AIM Market of the London Stock Exchange under the ticker symbol "MDST."  The company provides Computer-Aided Detection ("CAD") applications to analyze Computer Tomography ("CT") scans in order to assist radiologists with early det
'/>"/>

SOURCE MGT Capital Investments, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine technology :

1. Poniard Pharmaceuticals Provides Year-End Clinical Update at 2007 Lazard Capital Markets Healthcare Conference
2. Replidyne to Participate on Anti-infective Panel at RBC Capital Markets Healthcare Conference
3. Paul Capital Healthcare Purchases Additional Royalty Interest in GlaxoSmithKlines Rotarix(R)
4. Aegerion Pharmaceuticals, Inc. adds Peter Garrambone to Board of Directors, Secures Additional Capital for Clinical Trials
5. Foundation Venture Capital Group Invests in UMDNJ Company Working to Improve Leukemia Treatments
6. BioInformatics, LLC New Report - Capitalizing on New Opportunities for Stem Cell Products, Now Available
7. Atlanta-based Med Tech Company CardioMEMS Raises Additional Capital to Advance its CHAMPION Clinical Trial for its Wireless Sensor System for Heart Failure Monitoring
8. Despite Limited Capital Equipment Purchases In 2009, The Global Powered Surgical Instrument Market Held Its Value At $800 Million
9. Baxa Addresses Health-System Capital Shortage With New Programs for IntelliFlowRx(TM) and IntelliFill i.v.(R)
10. New Fall Allergy Capitals(TM) Reveal the Most Challenging Cities for Allergy Sufferers
11. Accumetrics Announces $16.5M in New Capital Financing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/19/2014)... Since last month,s FBI shutdown of online drug marketplace ... online black market for illegal drugs - Evolution Marketplace ... drugs and other illegal items.  New numbers from the ... lowering the numbers of drugs and illegal items available ... But some new sites that have emerged as potentially ...
(Date:12/17/2014)... Alemania, December 17, 2014 Los ... con un alto nivel de gasto en investigación y ... 2013/14 (finalizado el 30 de septiembre de 2014) ZEISS ... 4.287 millones de euros (año anterior: 4.190 millones de ... desfavorables. Las ganancias (EBIT) crecieron un 14 por ciento, ...
(Date:12/17/2014)... SCOTTSDALE, Ariz. , Dec. 17, 2014 /PRNewswire/ ... of state-of-the-art interactive music products, today announced that ... Ltd, a leading manufacturer and supplier of innovative ... As part of the agreement, RSL ... Facility bundled solution specifically configured for use within ...
Breaking Medicine Technology:Post Silk Road - Another Online Drug Den Now Dominates the DarkNet 2Post Silk Road - Another Online Drug Den Now Dominates the DarkNet 3ZEISS confirma su posición en un entorno difícil 2Beamz Interactive, Inc. Signs UK Distribution Agreement with RSL Steeper Limited 2Beamz Interactive, Inc. Signs UK Distribution Agreement with RSL Steeper Limited 3
... onset seizure frequency when, administered as ... ATLANTA, Dec. 3 UCB today ... that its antiepileptic drug (AED) in development,Keppra ... seizure frequency when administered as adjunctive,therapy for ...
... Calif., Dec. 3 Nuvelo, Inc.,(Nasdaq: NUVO ) ... conference,call to discuss results of the Phase 3 SONOMA-2 ... 2),clinical trial presented at the upcoming American Society of ... on Monday, December,10, at 4:30 p.m. Eastern Time (1:30 ...
Cached Medicine Technology:UCB Announces Positive Phase III Trial Results for Keppra XR(TM) (levetiracetam) Extended-Release Tablets 2UCB Announces Positive Phase III Trial Results for Keppra XR(TM) (levetiracetam) Extended-Release Tablets 3UCB Announces Positive Phase III Trial Results for Keppra XR(TM) (levetiracetam) Extended-Release Tablets 4Nuvelo Announces Alfimeprase SONOMA-2 Catheter Occlusion Data Presentation Webcast and Conference Call 2
(Date:12/19/2014)... Novellus Healthcare Communications, LLC announces ... Clinics™, an independent journal that provides practical information ... for patients inside the pharmacy and retail clinics. ... optimal access to quality care, Inside Patient Care: ... team treating and coordinating patient care in pharmacies ...
(Date:12/19/2014)... (PRWEB) December 19, 2014 From November 24, ... teacher training for the year 2014 in its Goa ... this year. Through the Indian winters, from November to March, ... the beautiful beach of Arambol, Goa. The Goa training sessions ... previous intakes of yoga teacher training, the 10th intake is ...
(Date:12/19/2014)... December 19, 2014 Consilium Staffing, ... the AMSUS Society for Federal Health Professionals annual ... tenens industry to military and federal healthcare providers. ... National Veterans Small Business Engagement (NVSBE) conference last ... to be a vital solution in addressing our ...
(Date:12/19/2014)... News) -- The tragic death from "rat-bite fever" of a ... pet rodents, according to a report from the U.S. Centers ... rare but potentially fatal illness that should be considered in ... history of rodent exposure is reported," said a team led ... The case outlined in the report occurred in August ...
(Date:12/19/2014)... Dec. 18, 2014 (HealthDay News) -- Prostaglandin analogue eye ... significantly reduce the risk of vision loss in patients ... British researchers led by David Garway-Heath, of the Moorfields ... tracked outcomes for more than 500 people newly diagnosed ... the disease and one of the leading causes of ...
Breaking Medicine News(10 mins):Health News:The Transformation of Retail Pharmacies into a Healthcare Delivery Center 2Health News:The Transformation of Retail Pharmacies into a Healthcare Delivery Center 3Health News:Siddhi Yoga’s 10th intake of YTT started in Goa on November 24, 2014 2Health News:Siddhi Yoga’s 10th intake of YTT started in Goa on November 24, 2014 3Health News:Consilium Staffing Increasing Awareness of Locum Tenens through Conference Appearances 2Health News:Scratch From Pet Rat Kills Child; CDC Warns of Risk 2Health News:Study Supports Benefit of Widely Used Glaucoma Drug 2
... , , ... Participacoes S.A.,(Bovespa: AMIL3) ("Amilpar"), in accordance with CVM (the Brazilian ... option to purchase 100% of ESHO - Empresa de Servicos ... Agreement, signed on, October 18, 2007 , in the total ...
... , , SAO PAULO , ... Sao Paulo and London involving Brazilian ethanol group,Cosan ... global,presence for Brazilian sugarcane ethanol. The assessment came from Brazilian,Sugarcane Industry ... In his view, the deal brings together two companies that ...
... New Delhi, Singapore and Washington DC (February 1, 2010) ... children with autism can learn how to teach their ... research published in the January 2010 issue of ... the Hammill Institute on Disabilities and SAGE)., Family members ...
... and then, but that experience can be horrifying for individuals ... that causes them to believe, wrongly, that they appear disfigured ... every tiny blemish looms huge rather than viewing ... researchers at UCLA have determined that the brains of people ...
... include efforts to improve food safety, expand child care ... -- The health-care portion of President Barack Obama,s 2011 ... food-safety program, $1.6 billion to expand child-care programs, and ... Kathleen Sebelius, secretary of Health and Human Services, said ...
... were more likely to delay having sex, , , MONDAY, ... education classes were more likely to delay having sex, a ... 6th- and 7th-grade students, ranging in age from 10 to ... held on Saturdays at four Philadelphia public schools that draw ...
Cached Medicine News:Health News:Amilpar Acquires ESHO 2Health News:Cosan-Shell Deal Expands Global Penetration Outlook for Brazilian Ethanol, Says Brazilian Sugarcane Industry Association 2Health News:Cosan-Shell Deal Expands Global Penetration Outlook for Brazilian Ethanol, Says Brazilian Sugarcane Industry Association 3Health News:Distance education for parents of children with autism found effective 2Health News:Why the mirror lies 2Health News:Obama Proposes $911 Billion for Health and Human Services 2Health News:Obama Proposes $911 Billion for Health and Human Services 3Health News:Abstinence-Only Classes Reduced Sexual Activity, Study Found 2Health News:Abstinence-Only Classes Reduced Sexual Activity, Study Found 3
... are available as both regular and filter ... gamma-rays for more efficient sterilization and are ... the date of irradiation. Sterilized Diamond Tips ... autoclave. SterilPack Diamond Tips are wrapped in ...
Its generous filter placement, MicroPoint design, and reference marks at 10, 50, and 100 ul make this ART tip ideal for many 200 ul pipettors....
This extra long 180 ul pipet tip will reach the bottom of large tubes and vials, preventing your pipettor from contacting the sample container....
Diamond Filter Tips play a critical role in preventing aerosol-borne contamination. Also available sterilized (no need to autoclave) and certified free of detectable RNase, DNase, DNA, RNA, and prote...
Medicine Products: