Microelectronics Technology Co. (fka MELY)

[Already made it]

Too all shareholders of Mely

Microelectronics technology company is here to stay and its positioned to grow exponentially over the next few months.

Fully Audited Public Mining Pool is set to advance hashing power to 1.1 TH/s by November 2014 !

With that being said, I'm sure everyone has had a chance to read the press release and there was nothing fluff about it.

MELY is a strong company that will succeed in the Bitcoin mining industry

PayPal accepting bitcoins made the Bitcoin price jump $35 above its market value
And that's just one company, what will happen when more and more big name companies start accepting bitcoins as a form of payment. Easy... The price will continue to climb, if 10 big companies say they have started accepting bitcoins then the price will be back in the 600-750 range.

With the recent news that bitfury has shut down due to fraud makes MELY look even better to bigger investors that were planing on investing in bitfury.

To update those who have just bought in

Share structure is as follows

Outstanding shares = 1,500,000,000
Float = 1,300,000,000 - 1,500,000,000
Authorized shares = 7,500,000,000 ( which will be reduced ) as stated in today's PR


MELYS current revenues are 25 Bitcoins per week = approx $10,800 per week since July 11th 2014

MELY is expected to produce $14,137 per day once 1100 servers are online

For a penny stock that's very impressive and will attract a ton of investors alone!

So PPS predictions according to future revenues is as follows

32.5 bitcoins per day x 7 days a week = 227.5 bitcoins per week!

227.5 bitcoins x 52 weeks = 11,830 bitcoins a year! Or $5,146,050 at current pricing!

To figure out the future PPS you will have to take

$5,146,050 divided by the Outstanding shares ( 1.5b ) = .003 X P/E ratio of 5

Future PPS = .017

Why would anyone think these prices are expensive when in two months from now each share should be worth $.017 .... That's a massive gain to all those holding MELY shares.

Christmas is going to be very profitable for us Longs

"The Company expects that upon the completion of the Second Phase of development, the Company will be producing enough revenue through BTC production that internal organic growth could be achieved without further financing which would add shareholder value without further dilution"



Thank god the funding deal did not go through because now all the profits from the mining activities will be 100% to MELY and MELY share holders. That's $5 Million a year for MELY !! Can anyone say UPLISTING?!?! This is a Nasdaq Company that's only going to grow and grow and grow over the next couple years..

Folks that can make millions of dollars just off one stock in the next 5 years this is why I invest in undervalued companies. Look at Companies that started as pink sheets and are now trading well above $50 a share.. With the same share structure they had back when they first started. I don't have to list any, I'm sure you all are familiar with them.



MELY is a set it and forget it stock, because we all know this isn't going to make us rich over night. The constant bashing and pumping is not needed, IMO only positive people make it in this world. If your too negative your going to miss out on becoming wealthy, all because you went against a great company.



To everyone here I wish you the best of luck, and pat yourselves on the back for picking a winning stock.



Please re read the PR and let is settle in. Don't be blinded by all the hating on the boards. Everyone here is responsible for their own investments, don't let others "guide you" because truthfully no buddy really cares about your investment decisions other than yourself.



Read up on the company and do your own DD my Posts are not to get you to buy this stock, but to help you realize what this company is really about. I'm invested in a big way, I've made a lot of penny stocks and I'm willing to risk it all on this one company, not because I'm dumb, but because this was the real reason I started playing penny stocks, to find an undervalued company that is going to grow over time and make me rich.

I'll still play other stocks but would not risk as much as I used to.



GLTYA here I really hope everyone makes money in the future and hope we could plan a getaway after MELY hits pennies.



AMI





PR September 23rd 2014




Microelectronics Enters Phase Two Build Out of 1 Petahash BTC Mining Facility

Microelectronics Technology Corporation, (the "Company") is pleased to announce that it will begin the build out of the second phase of the Company's BTC Mining Plan.


PHASE TWO BUILD OUT

The Company has been testing several new BTC Servers over the past several weeks in its efforts to determine the best technology available for purchase at this time.

The Company has selected the model of server to be used for the Phase Two build out and is in the process of ordering one thousand units for the Company's existing facility.

The hash rate of each individual unit will be +/-1TH/s, which the thousand units will provide for a minimum 1 PH/s of new BTC mining hash rate.

This will provide the Company with a combine hash rate of 1.1 PH /s.

The Company anticipates that the initial delivery of the first servers will be on or before October 17, 2014 with the expectation that the complete server order will be received by the second week of November, 2014.

The servers will be deployed as soon as they are received and will be added to the Company's mining pool upon completion of testing.

BTCPOOLPARTY MINING POOL

The Company also reports that the BTCPOOLPARTY will be re-launched on or before October 10, 2014. This re-launch will coincide with the delivery dates for the first servers which will be added to the BTC POOLPARTY mining pool as they are deployed.

The Company has determined that after mining on the BTCPOOLPARTY from the date of August 25, 2014 and finding one block of 25 BTC that the pool requires significantly more hash rate to become a stable and consistently producing BTC mining pool.

The Company is making security changes and various other modifications which will allow the Company to open the mining pool to outside individual miners with additional hash rate to contribute.

Upon the completion of the build out of Phase Two the Company believes that the BTCPOOLPARTY will be significantly more attractive to outside miners when the Company has its 1.1PH/s working under the BTCPOOLPARTY mining pool.

https://www.btcpoolparty.com/

Upon the successful integration of the Company's servers to the BTCPOOLPARTY mining pool and some reporting modifications are implemented, the Company plans to open the mining pool to the general public as the first fully transparent and fully Audited Public Mining Pool.

More developments and timelines for the public launch will be provided in the near future.

BTC PRODUCTION TO DATE

The Company is pleased to report that 117.06 BTC have been produced to date.

15 MILLION FINANCING

The Company reports that the financing negotiations have been delayed due to several factors.

The build out and establishment of Phase Two has become a milestone for the success of the additional financing. Additionally the softness in the overall pricing and the volatility of BTC has provided a challenge to the success of closing the 15 million financing at this time however upon stabilization of the current BTC price, the opportunity for financing will be revisited.

The Company expects that upon the completion of the Second Phase of development, the Company will be producing enough revenue through BTC production that internal organic growth could be achieved without further financing which would add shareholder value without further dilution.

The Company does recognize the dilutive nature of previous financings and has determined that upon the completion of the Phase Two build out, the Company will address its share structure issues to date.

WASHINGTON FACILITY

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

Addition photos and video can be viewed at the Company's Facebook page:

https://www.facebook.com/MELYPK