13G Filing: Lavbay Capital Management, Inc. and Mgt Capital Investments Inc (NYSEMKT:MGT)

Item 4

Ownership.

(a)

LavBay Capital Total Return Fund LP, LavBay Capital Management Inc., LavBay Total Return GP Inc., and Anton Strgacic are the beneficial owners of 2,500,00 shares of common stock held by the Fund, which consists of (i) 625,000 shares of common stock and 1,875,000 shares of common stock issuable upon the exercise of certain warrants issuable to the reporting person. On March 8, 2017, the Reporting persons entered into a Securities Purchase Agreement (the Purchase Agreement) with the Issuer for 625,000 shares of the common stock at a purchase price of $0.40 per share. In addition, for every share purchased, the Reporting Person shall receive one Series A Warrant, one Series B Warrant, and one Series C warrant.

(b)

LavBay Capital Total Return Fund LP, LavBay Capital Management Inc., LavBay Total Return GP Inc., and Anton Strgacic are the beneficial owners of 7.3% of the outstanding shares of Common Stock. This percentage is determined by dividing 2,500,000 by 31,772,855 (+ 2,500,000), the number of shares of Common Stock issued and outstanding as of March 8, 2017, per 13D filed on March 8, 2017.

Item 5

Ownership of Five Percent or Less of a Class.

Inapplicable.

Item 6

Ownership of More than Five Percent on Behalf of Another Person.

Inapplicable.

Item 7

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Inapplicable.

Item 8

Identification and Classification of Members of the Group.

Inapplicable.

Item 9

Notice of Dissolution of Group.

Inapplicable.