NEW YORK, Feb. 5, 2014 /PRNewswire/ -- Iroquois Capital Management, LLC (together with its affiliates, "Iroquois"), the largest unaffiliated shareholder of MGT Capital Investments, Inc. ("MGT" or the "Company") (NYSE:MGT) with beneficial ownership of approximately 9.99% of the outstanding common stock of the Company, today announced that it has delivered a letter to the Company's President and Chief Executive Officer, Robert Ladd, Treasurer and Chief Financial Officer, Robert Traversa, and the Company's Board of Directors.

The full text of the letter is available for viewing at the following link: http://tinyurl.com/Iroquois-Letter-to-MGT  

About Iroquois Capital Management, LLC

Iroquois Capital Management, LLC is a New York-based investment adviser that provides investment advisory services to Iroquois Master Fund Ltd., a privately pooled investment vehicle.

Investor contacts: 
Joshua Silverman, (212) 974-3070

SOURCE Iroquois Capital Management, LLC

Copyright 2014 PR Newswire

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