 MG Capital Management, Ltd. together with Percy Rockdale LLC, the nominating stockholder, and its affiliates, MG Capital or we, a significant stockholder of HC2 Holdings, Inc. NYSE:HCHC HC2 or the Company, which collectively with the other participants in its solicitation beneficially owns more than 6 of the Companys outstanding shares, today commented on HC2s announcement regarding CEO Philip Falcones decision to not receive incentive compensation until the Companys stock price reaches 7.50 per share. Additional important information is available for stockholders at 