Microelectronics Technology Co. (fka MELY)

[Already made it]

MELY = Money Printing Machine

As of July 11 2014 MELY has begun its mining operations

Jul 29, 2014 MONARCH BAY, CA Microelectronics Technology Corporation (PINKSHEETS: MELY), the Company is pleased to announce the successful installation of 100 of the Company's 100 - 1 TH/s BTC servers in the Company's new data center in Washington State.

The servers have been testing and mining over the installation period which was initiated approximately July 11, 2014 with a variable number of mining servers providing a variable hash rate over the testing period of approximately 18 days.

The mining activities to date have produced 37 BTC worth approximately $21,500.00

The company has determined that the production rate per day of BTC production from the 100 TH/s is approximately 2.4 to 2.6 BTC per day based upon the current pool configuration. The company continues to fine tune the servers for maximum production and stability.

The Company will provide forecasts and future build out schedules for the Second Phase of expansion in the near future.

The Companies facility has been built to allow for a minimum 500 servers with further expansion capability to operate 1800 BTC Servers at maximum capacity.


why is mely a cash printing machine?

Revenues Generated in less than two weeks are 37 BTC worth $21,500

What Do We Know So Far?

1.MELY is mining BitCoins with 105 Servers
2.Revenues started july 11,2014
3.Mining 2.4 - 2.6 BitCoins Per Day worth about $1,500
4.Expansion Of Servers To 1800 within 12 months
5.Electricity is cheaper in Washington,DC


REVENUES

105 Mining Servers are producing an Avrg of 2.5 BTC/DAY

$1,500 Per day would mean $45,000 /Month or $135,000 Per Quarter

How To Figure Out Price Per Share Based On Revenues

You Take The Revenues Per Year And Divide Them By The Outstanding Shares Then Multiply By a Sector Price Per Earning Ratio

Price Per Earning Ratio P/E = 5 (Trying To Keep It Conservative Here)

$135,000 x 4 = Yearly Revenues Of $540,000
$540,000 / 1 Billion X P/E = A Price Per Share Of $.0027

Lets ReCap Here,
Mely Share Price Is Worth $.0027 At Current Revenues of $540,000/Year

PHASE TWO

Possibly The Announcement Of 500 Servers?


Let's Try And Figure Out Price Per Share When That Happens

$540,000 X 500% Increase in power = $2.7 Million/Year

$2.7 Million / 1 Billion X P/E 5 = Price Per Share Of $.0135

As You Can All Read MELY Shareholders Are Very Excited To Hear The Announcement Of More Servers This Month


Mely = Money

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