Microelectronics Technology Co. (fka MELY)

[profithigh]

Current Valuation of MELY

$300,000annual revenue(current bitcoin per day rate) x .15 (speculative net profit margin)
http://www.bitcoinx.com/profit/
using this site for hash rate of 93 TH/s(Current avg TH/s) with current bitcoin price = roughly $300,000 annual revenue

45,000(net profit 12 month revenue)/1,658,532,541(current O/S as of latest 10q/a)
.000027eps X 17.1 P/E(Financial industry average) = $0.00046pps

Financial Industry P/E averages

After Acquisition of the 270 servers with 1.7 TH/s

$1,762,920 annual revenue(current bitcoin per day rate) x .15 (speculative net profit margin)
http://www.bitcoinx.com/profit/
using this site for hash rate of 545 TH/s(Current average TH/s + 542 TH/s) with current bitcoin price = roughly $1,762,920 annual revenue

264,438(net profit 12 month revenue)/1,658,532,541(current O/S as of latest 10q/a)
.000159eps X 17.1 P/E(Financial industry average) = $0.00272pps

Share structure O/S was based off of the Current 10q/a showing 1,577,898,324 O/S then adding the 15,510,181 : 25,124,036 : and 40,000,000 that was used to convert debt after 30 September 2014 as seen in the last 10q/a filing.

As of right now the valuation is showing that MELY is currently undervalued and just on the outside of it's current valuation but should be trading between .0004 - .0005 until the servers are added to the mining pool. Once news on the servers and btcpoolparty mining shows the hash rate increase to 540+ TH/s which receiving the server should be by mid-Dec (it's 10 Dec 2014) the price of MELY from where it stands today will be very undervalued. As the company grows and the transparency brings in more investors (legitimate investors) and the hash rate goes up once Juan brings in his 112bit.com servers to the pool plus the additions that MELY will add, we will be sitting pretty. Obviously as stated in the latest article by CryptoCoinNews.com, the later part of my statements are estimated to be completed by Q4 2015. So it may take some time but 2015 looks like a year of growth for MELY and BitCoin in which MELY will be leading the way in Audited Transparency.