Microelectronics Technology Co. (fka MELY)

[johnnycomelately9]

From the same webpage:

The company has determined that in order to be relatively successful the pool must have a minimum of 5 Petahash mining in order to be competitive in the mining pool arena.
The Company will continue to operate the BTCPOOLPARTY website as a communication tool and ultimately provide tracking of the Companies miners in the near future.
Bellingham Facility:
The Company is in the process of winding down the Bellingham facility and is currently in negotiations for a new facility with less expensive power costs.
The company is also in the process of replacing the existing 100 Bitmain Antminer S-2 miners with the current edition Bitmain Antminer S7 miners.
This will allow for significant savings of power consumption with additional hash rate providing for higher BTC production and potential profitability.

From same update:

The company has determined that it will not pursue the business model of operating a public Bitcoin mining pool.

So if they're talking about having a pool but no longer public, one can speculate they're working on putting together the pieces to mine privately? Nobody knows what's really going on up to date without having the delinquent filings to catch us up, but by the time we get them it may be too late to buy these levels? MELY is still lotto unkown but strong buy recommendation from in the hopes of winning much more than 100%:

The Company will continue to operate the BTCPOOLPARTY website as a communication tool and ultimately provide tracking of the Companies miners in the near future.

From same post:

The Company currently has a total of 7,500,000,000 Authorized shares of Common with 1,424,273,167 issued and outstanding.

Most recent post is basically them saying, "sorry, we're still working on everything... yadayada."

Wish I could tell you when the next filing is going on and what and at what rates they are currently mining but maybe Brett can tell you?

For further Information:
Microelectronics Technology Co.
President:
Mr. Brett Everett
1-949-436-9382
[e-mail]