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I think you're right. Breaking those .0003's today seems improbable but under 27m are showing excluding NITE and CSTI who aere combined ASKING 25m after bidding over 1b earlier and hundreds of mills still. Can we eat thru the 30m .0002's left, and 30m+ .0003's and sling shot ripping thru to teens? I'd hope it happen in a power hour with shares flying like earlier at open. Earlier a 20m block went at .0003. Much is possible.
10 MILLY BLOCK HITS
break the .0003 cloud and i am telling you folks this thing will be a sling shot to .001
0.0002 will be good bye.
At it's height it was over 2.1b. CSTI, NITE, and CEDEL lowered their bids while eTrade I think stayed the same. CDEL for example went from 700m to 124m. If all those bids went ok ASK I'd think we'd at least see teens. Interested parties appear to be out there.
Wasn't the bid 1.4 billion @0001, Where'd it go?
.0003 BREAK SENDS THIS BAD BOY FLYING
Eventually someone's gonna hit that ask. And all of the .0001s will chase
Could be sector energy, otherwise it always bugs me that someone(s) with insider info loads shares pre-news
hope MELY follow XTRN to up.
Massive slaps on 3s today. MELY may finally be ready to break out.
Bid just increased. Over $190,000 in bid right now.
People sitting .0001 had chance to get out 2-3 months ago .0007-0002 on Bitcoin ETF buzz. We are sitting trips and moving on sector enthusiasm but we were the 1st Bitcoin stock, mined bitcoins in the past and spoke and led at New York Bitcoin conference. Major player potential here but no filings since last April and no FB post since September (if we believe the little they've said, lights are still on and their working on getting current and being leading players in the future). We'll see.
1,142,493,900 on the bid right
now, almost the entire OS.
25% of OS changed hands already
today. People sitting at 1 all
this time are glad to get out at
2 or 3.
Current price of Bitcoins is incredible,
any news and a giant will be awoken.
Last word o/s was 1.4b. Debt notes we're trying to be negotiated into a stand still but we haven't heard an update in months. Were told they are working on all missing filings but we're still waiting. Possible Bitcoin giant sleeping
0.0004 will show up today.
see you at 0.00s soon.
With news 00's can be seen, without teens are still possible. MELY is the 1st publicly trading Bitcoin stock. Yes far from, but still trying to be a major player. Upside and potential from trips, imo people should be getting cheapies why they can.
Looks new news will be coming. big hit at ask 0.0003. Volume is huge. PPS will be up. hope to see 0.00s soon.
Anyone know what the ss is? Thanks in advance.
0006 tomorrow
0.0003 +0.0002 (+200.00%)
0.0002 x252,734,700
0.0003 x140,582,500
0.0001 - 0.0003
192,869,310
WTF?
Chart shows it ready for the next push.
Luckily i dumped my shares at .0005 from .0001 and i had aLOT of them. Got back in at .0002 and .0001 but waiting for this sorry excuse of a CEO to confirm or deny they are in business
I agree Brett is dropping the ball and that we need a PR bad but from Facebook in 2016, well over 90 days ago, still, maybe getting all this to happen and current is supposed to happen before a PR? Could it truly be in the works and all these filings soon on the way?:
SEC FILINGS:
The company has completed the selection of a new independent Auditor.
The engagement of the new Auditing Firm will be the subject of an 8K filing providing back ground and other information prior to January 22, 2016.
The company is working diligently to bring current the Delinquent filings: 10 k for the period ended 6/30/2014, 10K for the period ended 6/30/2015, 10Q for the period ended 9/30/2015, and the 10Q for the period ended 12/31/2015.
The company anticipates that the filings will be completed over the next 90 days and will be current moving forward from that time.
Share Structure:
The Company currently has a total of 7,500,000,000 Authorized shares of Common with 1,424,273,167 issued and outstanding.
Currently the reserves provided to the convertible note holders of record prohibit the reduction of the Authorized common share capital at this time.
The Company has 50,000,000 preferred shares Authorized with 110,000 series A issued, 1000 Series B voting issued and 1500 Series C issued. Series C is convertible into 100,000 common shares per preferred share, convertible 12 months from the date of issue. (Dividend Shares).
The Company has a significant amount of convertible debt on its balance sheet at this time and is currently in negotiations with a Majority note holder to implement a stand still agreement for the next 12 months to limit the conversion of certain notes in an effort to minimize the dilutive effect upon conversion. It is anticipated that an agreement will reached prior to months end.
The Company is analyzing the effects of a share consolidation however no decision has been determined at this time. The Company’s share price and financing capabilities will determine if a consolidation is required in order to further advance its business goals.
BTCPOOLPARTY:
The company has determined that it will not pursue the business model of operating a public Bitcoin mining pool.
During the initial beta stages of development, the company built out an effective platform for the purposes of mining Bitcoin on a large scale, however due to circumstances beyond the company’s control, the required critical mass of mining Hash rate was never achieved both by the Company or by third party miners. This in turn compromised the BTCPOOLPARTY in its effectiveness and success in mining Bitcoin from the block chain.
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.
Looking Forward:
The Company is looking to 2016 as a rebuilding year where the Company will capitalize on the miss-steps made over the last two years in an industry that is new and without any established formula for success.
With the price of Bitcoin now back to a reasonable level, the company believes that it has the ability to rebuild a successful, profitable, BTC mining operation for the future.
MELY was hashing large amounts of energy in their data center in Eastern Washington. They had created a publicly opened bitcoin mining pool where we investors or anyone could independently connect and mine for bitcoins but give a percentage. MELY felt they were going to recover over 23 bitcoins per day and become the biggest American miner, that's what they were selling 2-3 years ago. But they didn't get many to participate early on and prices were much lower than now. But they promised they would be fully audited and transparent but haven't updated in over 1 year (except a FB post claiming they're working towards getting current and updated). But in last news they announced that they wouldn't go forward BTC Pool Party publicly opened but they didn't say they were going out of business. At the time, they decided mining bitcoins in a public pool was going to cost too much in energy with estimates of bills in $60,000+ monthly range but then bitcoin prices aren't what they are now and last we heard they were scaling back and looking for a new home and data-center. But the company never said they were going to stop mining for bitcoins or fold up and leave the bitcoin industry. This is a .0001/0002 gamble that can potentially wake towards pennies.
https://www.cryptocoinsnews.com/btc-pool-party-new-transparently-audited-publicly-traded-us-bitcoin-mining-pool/
Look hopefully I am wrong. I have 1.2 million shares in company and I plan on holding. However, I am really reluctant on whether or not this company will follow through. Bitcoin is above 2,000 and not one PR. There is no way the guy who owns this company does not come on these boards. I mean at this point we should have been given an update on something. So far nothing we need a PR bad.
125m are up for grabs at .0002. When SEC was talking ETF's bitcoin traders were scrambling to find cheap bitcoin stock and we shot to .0007/0008. Lots of outside factors but mostly the company could move this but yes they don't seem in a hurry, but even just the thought of a consistent bitcoin miner is enough to rise from bottom in pennyland.
What's a Bitcoin Mining Pool? Help me understand Oct land!
Nothing is going to happen because one guy owns all of the shares. This stock will go nowhere because one guy or girl owns all of the shares.
People treat like a OTC scam but MELY is a real Bitcoin player:
https://finance.yahoo.com/news/microelectronics-results-bitcoins-conference-york-124500060.html
Been quiet for over a year and inflated and diluted to rock bottom to get financing but undervalued and oversold now and going to rocket back up like you think if a plan comes forward and MELY dust itself off or it will stay down at .0002 and under? Just being in Bitcoin sector should help but news would be very beneficial. 1st of it's kind and a bitcoin stock sub .0010. Huge gamble obviously but I'm loaded up on shares with ya :)
I got my 20 monday. time will move this high and hard!
MELY didn't follow through but with current prices mining can be profitable despite high energy and hardware bills. MELY is connected to Dynamo Servers? Any new news comes and it gets fun.
http://www.wallstreet-online.de/nachricht/6742516-microelectronics-technology-corporation-btcpool-beta-testing-update
Bitcoins are $2,403.96 right now and rising.
Im mobile & driving.
The # i gave says micro elec and will call u back shortly
MELY was the 1st Bitcoin mining stock. Last time company put out a PR it was over .0005, a lot can happen here but it's dormant.
Yes!!! 100% gains from this levels!!! PENNY LAND IS COMING!!! MELY**
Bloomberg list this number: 702-221-1938
https://www.bloomberg.com/research/stocks/people/person.asp?personId=142624090&privcapId=138912988
This really old article list the number you have:
http://www.melypk.com/2014/07/17/microelectronics-technology-corporation-acquires-bitcoin-cyber-currency-digital-mining-company/
But is this someone with same name and also into Real Estate and investment or is this Brett with 2 more numbers?
https://p2ptrustdeeds.com/about-us/brett-everett/
http://activerain.com/profile/brettp2p
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The acquisition includes the existing operational digital mining servers and support software . The Digital Currency Mining servers are currently being transitioned to the Dynamo Server co-location facilities with the transition expected to be completed by month's end. This transition will allow for peak efficiency utilizing the state of the art server facility and seamless expansion capability Dynamo servers can provide.
Bitcoin Mining: BTC
Upon the completion of the Digital Mining Server install ation at the Dynamo Server co-location facilities, the company will begin to offer fractional Bitcoin Digital Currency Mining server rentals to interested third parties for an annual fee based upon the hash rate available for partitioning.
It is anticipated that the partitions will be available for lease in minimum 20 Gh /s hash rates with any multiple of 20 Gh /s available.
"The acquisition ofa Bitcoin Digital CurrencyMining Corporation is an exciting development for Microelectronics Technology Co for several reasons," states company president Brett Everett. "With this acquisition the company is acquiring a new customer for the Dynamo Server division creating a vertical with significant growth potential at the same time entering into the dynamic Bitcoin arena with a business model that creates opportunity for entry level investors to participate in Bitcoin mining with limited financial exposure." The company expects to announce the completion of formal documentation by April 18, 2014.
The Dynamo Servers platform was built from the ground-up to accommodate the needs of modern dedicated server customers, with features that are unique to the market. A simplified pricing model was applied to an expansive configuration system, allowing for predictable pricing without the customization limitations or penalties that are common among providers. An API was built to allow for integration with custom software and 3rd-party services. Social features were added to enable a dialogue among customers and a level of transparency unheard of in the industry. As long-time dedicated server customers, the people behind Dynamo Servers built a platform that they would want to use themselves.
About Dynamo ServersDynamo Servers provide dedicated servers to clients through our point of presence in Vancouver, Canada inside a carrier neutral facility owned and operated by Cologix Inc.www.dynamoservers.com
About Cologix
http://www.cologix.com/en/company-profile.html
Cologix, Inc. is a network neutral interconnection and data center company headquartered in Denver, Colorado, that provides massively scalable interconnection services and secure, reliable colocation services in densely connected, strategically located facilities in Dallas, Jacksonville, Minneapolis, Montreal, Toronto and Vancouver. With more than 350 network choices and sixteen prime interconnection locations, Cologix currently serves over 700 carrier, managed services, cloud, media, content, financial services and enterprise customers. The company’s experienced team of communications infrastructure professionals is committed to providing its customers the highest standard of local customer support.
History
Operational since December 2010, Cologix has completed eight acquisitions and announced four new market expansions:
Our acquisitions to date have each brought long customer relationships, strategic business partners and unique interconnection capabilities in each of our markets. We are proud to be the leading presence in each of our markets.
Cologix Interconnection
We efficiently and cost-effectively support our customer’s growth strategies by facilitating thousands of interconnections for our 700+ customers within our 18 data centers. With a choice of over 350 networks, our Meet-Me-Room environments offer massively scalable and dense connectivity.
“By deploying our network equipment with Cologix, we are able to respond quickly to the changing capacity needs of our customers while gaining access to a growing set of networks. Cologix staff are excellent and do a great job monitoring our onsite equipment, which allows us to focus on driving our business forward.”
– Dan Patton, Carrier Access Manager, FiberLight, LLC
Cologix is proud to support the Peering Exchanges in Minneapolis, Montreal and Toronto.
A robust internet exchange is an important ingredient to a vibrant and mature telecommunication market. Cologix believes that independent member-run organizations are in the best interest of the exchanges as well as the Internet community as a whole. Cologix is proud to host these organizations within our data centers and are pleased to provide our customers direct access to them via our Meet-Me-Rooms.
peering@micemn.net or mpls.sales@cologix.com
peering@torix.ca or torontosales@cologix.com
The easiest way for customers to connect to these exchanges is through Cologix’sStandard Connections product. Through Standard Connections, customers can establish a point of presence in the Carrier Hotel with a single U Ethernet switch, which enables the ability to connect to the Exchanges as well as the other networks in Cologix’s Meet-Me-Rooms. This model makes access to the exchanges fast and easy and doesn’t require significant capital to get up and running.
About Cloud Data CorpCloud Data, a Nevada Corporation provides high availability dedicated web servers to small, medium and large companies under its brand www.dynamoservers.com.
www.clouddatacorp.com www.melypk.com www.dynamoservers.com
http://www.otcmarkets.com/news/otc-market-headline?id=16008274
About Microelectronics Technology Corporation,
through the acquisition of Cloud Data Corporation, an Incubator of Internet technologies, is positioned to capitalize on the exponential growth of today's technology market within Cloud Computing.
Cloud Data Corp allows Microelectronics Technology Corporation to differentiate itself within the technology market by providing leadership in the following areas:
Microelectronics Technology Corporation
Microelectronics Technology Corporation, through the acquisition of Cloud Data Corporation, an Incubator of Internet and Social media technologies, is positioned to capitalize on the exponential growth of today's technology market within Cloud Computing.
Roll out of Cloud Data Corp's own Advertising Network in the first quarter of 2012.
Sproq is next generation application hosting.
We provide tools to build your web application in the cloud. When you deploy an application on our platform you get a level of service that traditionally required a lot of custom engineering and setup. No longer will you need to buy and configure servers, operating systems, services, and networks. You can focus on your application, and let us handle the rest.
Here are some of the reasons you should build your application on Sproq:
We are currently gearing up to start sending invites for our beta. Enter your email to get on our invite list.
https://www.dynamoservers.com
We've been running servers and deploying websites for over 10 years. In that time, we have found that it is difficult to find cost effective dedicated servers in Canada. The existing services also seemed to always leave a lot to be desired. As we expanded our operations we decided to do something about it.
Aside from our great prices, there are many reasons to choose us.
One thing that always bothered us about dedicated server providers is the lack of price flexibility if you wanted something slightly different. Most providers will have some number of standard configurations, and if you want a slight change, such as some extra RAM, the extra cost is very high, compared to the purchase cost of the item. Some places will even allow you to make different configurations with the exact same specifications and you will get wildly different prices.
This doesn't seem fair to us, so we came up with an algorithmic pricing model that is based entirely on our purchase cost for components and services. This model allows for plenty of customization without penalizing you for simple changes. You can even build your server from scratch. In fact, our"standard" configurations are simply examples were built from scratch and saved.
All of our servers are made to order, and we provide plenty of options. This means you can get precisely what you want. If you want something that's not currently in our configuration options, let us know and we will get it from our supplier and add it to the system.
Obviously, with this level of customization, we won't be offerring any "1-hour servers," but we will try to get you up and running within 48 hours. If there is a delay, we will credit your account accordingly.
Even though we offer fully custom servers, we don't require contracts. We are fully confident in our services and believe that you will be likely to stick around. We also understand that the circumstances of a business can change at any time, and we don't want you to worry about being stuck in a contract.
We didn't just buy a bunch of servers and install some generic "server management" application. We built all of our tools from the ground up, in order to provide a unified interface to server management. This allows us the freedom to develop and provide unique features not found anywhere else.
This freedom means that we are not reliant on 3rd parties in order to deliver desired features. Really, our biggest obstacle to providing features is knowing what our customers or potential customers really want. If there is something you think we should offer, let us know.
We are not simply a data center that is selling dedicated servers on top of colocation offerings. We are a dedicated server customer with a growing need for our own servers. We know exactly what we want as a dedicated server customer and aim to provide our ideal experience to everyone.
By Kate Rogers
Published April 08,Bitcoin is headed to Washington.
The first ATM for the cryptocurrency will be unveiled to members of Congress Tuesday afternoon.
Made by Robocoin, the 750-pound ATM was first introduced in Vancouver, B.C. in October 2013, according to its blog. It trades the cryptocurrency for cash, and cash for bitcoins. To make a transaction, customers must provide an email, their palm print, a government identification, their face and cash. The verification process is in three steps, according to the company’s website.
The unveiling comes two months after MtGox, the largest bitcoin exchange, lost $620 million in bitcoin and filed for bankruptcy protection in Japan.
There are currently 10 machines overseas, according to a release from Robocoin, and one in California. Robocoin operates with the Bitstamp and Vault of Satoshi exchanges, and is working to integrate with others in the future. Each ATM retails at $20,000, and the company says it has sold 100 so far.
Robocoin CEO Jordan Kelley and Robocoin Co-founder and Chief Technology Officer John Russell will be at the unveiling Tuesday where members of Congress and the media can buy, sell and enroll in a bitcoin wallet account.
Those who have a bitcoin wallet or account can send their bitcoins to Robocoin and have their cash out within 10 minutes. Currently, bitcoin users have to go through individual online exchanges to cash out, which can take days.
Kelley says the businesses that buy and operate the ATMs have to adhere to anti-money laundering laws. “We’ve replaced the bank teller with hardware and software,” he says. “We reduced the time to less than five months and we removed the human error.”
When customers visit the machine, they enter their phone number and receive a text message to verify their identity. They then create a pin number and scan their palm, and then place their government ID into the scanner.
“Then the customer stands in front of the kiosk and takes a photo. We send those two photos to the human verification team. We match that they are the same., and then we send the customer a text message. The customer can then go back to the machine to buy and sell bitcoin,” Kelley explains.
Bitcoin was introduced as an open-source software code in 2009, and has since grown into a $1 billion industry. The digital currency is especially popular among those in the tech community.
The currency remains unregulated and February’s events have increased calls for government intervention. Some lawmakers are open to treating bitcoin more like cash with Rep. Steve Stockman, (R-TX) , introducing the “Virtual Currency Tax Reform Act” on Monday.
If enacted, this legislation would change the tax status of virtual currency. Last week, the IRS declared bitcoin would be taxed as property.
Stockman visited the New York City Bitcoin center Monday to discuss the legislation further. “This is a nascent industry. Along with 3-D printers and nanotubes, cryptocurrency is the future. We need to encourage it, not discourage it. There is risk associated with every budding industry in America,” he said in a release.
The IRS currently treats bitcoin as property and not a currency.
FBN’s Jennifer Rose contributed to this article.
Market Value1 | $331,706 | a/o Dec 9, 2014 |
Shares Outstanding | 1,658,532,541 | a/o Sept 30, 2014 |
Float | 1,658,422,541 | a/o Sept 30, 2013 |
Authorized Shares | 7,500,000,000 | a/o Sept 30, 2013 |
Par Value | No Par Value |
Shareholders of Record | 17 | a/o Oct 15, 2013 |
MELY Weekly Chart
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