SECURITIES AND EXCHANGE COMMISSION
|
|
Washington, D.C. 20549
|
|
____________________ | |
SCHEDULE 13G
|
|
____________________ | |
Under the Securities Exchange Act of 1934
|
|
(Amendment No. 1)*
|
|
MGT Capital Investments, Inc.
|
|
(Name of Issuer)
|
|
Common Stock, $0.001 par value
|
|
(Title of Class of Securities)
|
|
55302P202
|
|
(CUSIP Number)
|
|
December 31, 2016
|
|
(Date of event which requires filing of this statement)
|
|
Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:
|
|
¨
|
Rule 13d-1(b)
|
x
|
Rule 13d-1(c)
|
¨
|
Rule 13d-1(d)
|
(Page 1 of 9 Pages)
|
1
|
NAMES OF REPORTING PERSONS
Iroquois Capital Management L.L.C.
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
6
|
SHARED VOTING POWER
0
|
||
7
|
SOLE DISPOSITIVE POWER
|
||
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
|
o
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
||
12
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAMES OF REPORTING PERSONS
Iroquois Master Fund Ltd.
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
6
|
SHARED VOTING POWER
0
|
||
7
|
SOLE DISPOSITIVE POWER
|
||
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
|
o
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
||
12
|
TYPE OF REPORTING PERSON
CO
|
1
|
NAMES OF REPORTING PERSONS
Richard Abbe
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
6
|
SHARED VOTING POWER
0
|
||
7
|
SOLE DISPOSITIVE POWER
|
||
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
|
o
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
||
12
|
TYPE OF REPORTING PERSON
IN
|
Item 4.
|
Ownership.
The information as of the date of the event which requires filing of this statement required by Items 4(a) – (c) is set forth in Rows 5 – 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. As of December 31, 2016, the Reporting Persons no longer beneficially owned any shares of Common Stock of the Company.
|
Item 5.
|
Ownership of Five Percent or Less of a Class
|
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x
|
Item 10.
|
Certification.
|
Each of the Reporting Persons hereby makes the following certification:
|
|
By signing below each Reporting Person certifies that, to the best of its 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.
|
IROQUOIS CAPITAL MANAGEMENT L.L.C.
By: /s/ Richard Abbe
Richard Abbe, Authorized Signatory
IROQUOIS MASTER FUND LTD.
By: /s/ Richard Abbe
Richard Abbe, Authorized Signatory
/s/ Richard Abbe
Richard Abbe
|