Filing Details
- Accession Number:
- 0001654954-16-002477
- Form Type:
- 13G Filing
- Publication Date:
- 2016-09-29 14:43:24
- Filed By:
- Honig Barry C
- Company:
- Mgt Capital Investments Inc. (NYSEMKT:MGTI)
- Filing Date:
- 2016-09-29
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Barry Honig | 0 | 0 | 0 | 0 | 0 | 0% |
| GRQ Consultants, Inc. 401K | 0 | 0 | 0 | 0 | 0 | 0% |
| GRQ Consultants, Inc. Roth 401K FBO Barry Honig | 0 | 0 | 0 | 0 | 0 | 0% |
Filing
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, DC
20549
Amendment
No. 2
To
SCHEDULE
13G
(Rule
13d-102)
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO
RULE 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT
TO
RULE
13d-2(b)
MGT Capital
Investments, Inc.
(Name
of Issuer)
COMMON STOCK, PAR VALUE $0.001
(Title of Class of Securities)
55302P202
(CUSIP
Number)
Barry
Honig
555 South Federal Highway #450
Boca
Raton, FL 33432
(Name,
Address and Telephone Number of Person
Authorized to
Receive Notices and Communications)
September 29,
2016
(Date
of Event Which Requires Filing of This Statement)
Check
the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[
] Rule 13d-1(b)
[X]
Rule 13d-1(c)
[
] Rule 13d-1(d)
| CUSIP
No. 55302P202 |
| 1 | NAME OF
REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY) Barry
Honig |
| 2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
☐
(b) ☐ |
| 3 | SEC USE
ONLY |
| 4 | CITIZENSHIP OR
PLACE OF ORGANIZATION United
States |
| NUMBER
OF SHARES | 5 | SOLE
VOTING POWER 0 |
| BENEFICIALLY OWNED
BY | 6 | SHARED
VOTING POWER 0 |
| EACH REPORTING | 7 | SOLE
DISPOSITIVE POWER 0 |
| PERSON
WITH | 8 | SHARED
DISPOSITIVE POWER 0 |
| 9 | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 |
| 10 | CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES ☐ |
| 11 | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0%
(Based on
25,875,528 shares of common stock outstanding as of September 23,
2016) |
| 12 | TYPE OF
REPORTING PERSON IN |
| CUSIP
No. 55302P202 |
| 1 | NAME OF
REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY) GRQ
Consultants, Inc. 401K (1) |
| 2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
☐
(b) ☐ |
| 3 | SEC USE
ONLY |
| 4 | CITIZENSHIP OR
PLACE OF ORGANIZATION Florida |
| NUMBER
OF SHARES | 5 | SOLE
VOTING POWER 0 |
| BENEFICIALLY OWNED
BY | 6 | SHARED
VOTING POWER 0 |
| EACH REPORTING | 7 | SOLE
DISPOSITIVE POWER 0 |
| PERSON
WITH | 8 | SHARED
DISPOSITIVE POWER 0 |
| 9 | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 |
| 10 | CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES ☐ |
| 11 | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0%
(Based on
25,875,528 shares of common stock outstanding as of September 23,
2016) |
| 12 | TYPE OF
REPORTING PERSON OO |
(1)
Mr. Honig is the
trustee of GRQ Consultants, Inc. 401K (“401K”) and in
such capacity holds voting and dispositive power over the
securities held by 401K.
| CUSIP
No. 55302P202 |
| 1 | NAME OF
REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY) GRQ
Consultants, Inc. Roth 401K FBO Barry Honig (1) |
| 2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
☐
(b) ☐ |
| 3 | SEC USE
ONLY |
| 4 | CITIZENSHIP OR
PLACE OF ORGANIZATION Florida |
| NUMBER
OF SHARES | 5 | SOLE
VOTING POWER 0 |
| BENEFICIALLY OWNED
BY | 6 | SHARED
VOTING POWER 0 |
| EACH REPORTING | 7 | SOLE
DISPOSITIVE POWER 0 |
| PERSON
WITH | 8 | SHARED
DISPOSITIVE POWER 0 |
| 9 | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 |
| 10 | CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES ☐ |
| 11 | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0%
(Based on
25,875,528 shares of common stock outstanding as of September 23,
2016) |
| 12 | TYPE OF
REPORTING PERSON OO |
(1)
Mr. Honig is the
trustee of GRQ Consultants, Inc. Roth 401K FBO Barry Honig
(“Roth 401K”) and in such capacity holds voting and
dispositive power over the securities held by Roth
401K.
Item
1(a). Name
of Issuer:
MGT
Capital Investments, Inc. (the “Company”)
Item
1(b). Address
of Issuer's Principal Executive Offices:
The
principal executive office of the Company is located
at:
500
Mamaroneck Avenue, Suite 320
Harrison,
NY 10528
Item
2(a). Name
of Person Filing.
This
statement is filed on behalf of Barry Honig, 401K and Roth 401K
(together, the “Reporting
Person”).
Item
2(b). Address
of Principal Business Office or, if None,
Residence.
The
Reporting Person’s business address is:
555 South Federal Highway #450, Boca Raton, FL 33432
Item
2(c). Citizenship.
Mr.
Honig is a citizen of the United States. 401K and Roth 401K are
organized in the State of Florida.
Item
2(d). Title
of Class of Securities.
Common
Stock, par value $0.001 (“Common
Stock”).
Item
2(e). CUSIP
Number.
55302P202
Item
3.
Type of Person.
Not
applicable.
Item
4.
Ownership.
(a)
Amount beneficially owned: 0
(b)
Percent of class: 0% (Based on 25,875,528
shares of common stock outstanding as of September 23,
2016)
(c)
Number of shares as to which the person has:
(i)
Sole power to vote or to direct the vote: 0
(ii) Shared power
to vote or to direct the vote: 0
(iii)
Sole power to dispose or to direct the disposition of:
0
(iv)
Shared power to dispose or to direct the disposition of:
0
Item
5.
Ownership of Five Percent or
Less of a Class.
☑
Item
6. Ownership
of More than Five Percent on Behalf of Another
Person.
Not
applicable.
Item
7.
Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported by the Parent Holding Company or
Control Person.
Not
applicable.
Item
8. Identification
and Classification of Members of the Group.
Not
applicable.
Item
9. Notice
of Dissolution of Group.
Not
applicable.
Item
10.
Certifications.
By
signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or
effect.
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is
true, complete and
correct.
| | | | |
| Date:
September 29, 2016 | By: | /s/ Barry
Honig | |
| | | Barry
Honig | |
| | | | |
| | GRQ
Consultants, Inc. 401K | | |
| Date:
September 29, 2016 | By: | /s/ Barry
Honig | |
| | | Barry
Honig, Trustee | |
| | GRQ Consultants,
Inc. Roth 401K FBO Barry Honig | | |
| Date:
September 29, 2016 | By: | /s/ Barry
Honig | |
| | | Barry
Honig, Trustee | |
Annex A
STATEMENT BY CHARLES J. HARDER, ESQ. ON BEHALF OF BARRY
HONIG
On
September 26, 2016, Barry Honig filed a libel action in the U.S.
District Court for the Southern District of New York (Manhattan)
against Teri Buhl who claims to be an “investigative
journalist” in the financial industry. Buhl wrote two
articles about Mr. Honig and his investment in MGT Capital
Investments, Inc. that contain numerous false and defamatory
statements about Mr. Honig.
Buhl’s
articles are a far cry from journalism, and instead are reckless
bombastic rants unsupported by fact or research, packaged as
“clickbait” to attract viewers to Buhl’s pay
site. No actual investigative reporting appears and, instead, Buhl
“relies” on unfounded allegations, baseless accusations
and idle gossip. No legitimate financial news publication would
report this way, and perhaps it is for that reason that Buhl does
not work for one.
Before
filing suit, Mr. Honig’s attorney, Charles J. Harder, sent
multiple communications demanding the retraction of the defamatory
statements, and for an apology. Buhl responded to each demand by
stating that she would not retract anything, or apologize.
Accordingly, Mr. Honig was left with no reasonable alternative but
to file suit.
Buhl
admits at her website that she was convicted of harassing her
boyfriend and his daughter, and ordered to serve 30 days in a maximum security
prison for the crime. After her
arrest and criminal conviction, one would expect Buhl to
correct her conduct and follow the law. Unfortunately, her libelous
and defamatory conduct toward Mr. Honig demonstrate a continuation
of her illegal conduct and harassment of others.