Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good morning MELY
Let's see some green today
LMFAO!!!
VFIN gone from L2.... Time to shine MELY
Once the 1,100 servers are up and running, which should happen within 60 days, the company will be generating millions in revenue. They'll be able to not only pay off their debt and buy back some stock, they can buy more servers and generate even more $$$
Look at that bid stacking up. Just under 60 million sitting at 0.0006. Very strong support for $MELY
Buying when MM's need to cover their shorts is probably a good idea, would anyone disagree?
BMAK gone now from L2 and VFIN moved to 8's
Good morning MELY.
L2 is thin until double 0's. Less than 4 mil between us and double 0. Let's do it
Can't wait until the markets open tomorrow. This coming week should be a big one for MELY.
ELRA had a great run and there annual revenue is only a percentage of what MELY will make with 500 servers ruining. Imagine MELY running at 99% efficiency with 1100 servers, toxic debt paid off, and float reduced. This thing will explode IMO.
Pennies in MELY seem to be a very realistic target and eventually don't b surprised to see MELY over the $ mark.
GLTA
Lol thanks Fishing
If we can close over 0.001 this will be a great week
17 mins left . Let the big buys come in. We should technically see over 100 million buys between now and market close while sellers cover
I agree 100% ... Big days coming in next few weeks
3 mil left at 8's then another 3 mil at 9's and we're smooth sailing after that
$MELY
They're trying to hard to push this down. They just shorted 7.5 million
I'm holding for awhile. I don't need to cover, the MM's do :) I'm in the green already. Avg position 0.0008
$MELY
The MM's have been shorting this one and are trying to keep this one down so we've been trying to anticipate their moves and trade accordingly
5 million just disappeared from the ASK. They might be getting scared.
$MELY is waking up
It's the eye of the storm ... very soon there's going to be a lot more volume traded. Hopefully we come up on top
$MELY
All the bids at 7's should move up to 8's
I can slap the ask for about 6 mil then I'm out of juice too ... I'm waiting for people to clear about 7-8 mil and I'll clear the rest
$MELY
117 Bitcoins found so far and the first shipment of 500 more servers should arrive within 2 weeks. They've found 117 Bitcoins in about a month with only 100 servers.
They ordered 1000 more servers ... 500 first ones first couple weeks of October
$MELY
$MELY
This stock should be trading around 0.007 not 0.000 ... they have consistent revenue and are about to generate more revenue than ever before
MELY NEWS!! 09/23/2014 3:19pm EST
Microelectronics Enters Phase Two Build Out of 1 Petahash BTC Mining Facility MacReport Media "Press Releases"
MONARCH BAY, CA, United States , via ETELIGIS INC., 09/23/2014 - -
Microelectronics Technology Corporation , (the Company), (OTC Pink: MELY) (PINKSHEETS: MELY), is pleased to announce that it will begin the build out of the second phase of the Companys 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 Companys 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 Companys 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 Companys 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 Companys 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 Companys Facebook page:
https://www.facebook.com/MELYPK
For further Information:
Microelectronics Technology Co.
President:
Mr. Brett Everett
702-221-1914
info@melypk.com
www.melypk.com
www.dynamoservers.com
Forward-Looking Statements
This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; MELY's ability to commercialize its technology; ability to defend intellectual property; material and component costs; competition; economic conditions; consumer demand and product acceptance, and availability of growth capital.
Additional considerations and risk factors are set forth in reports filed on Form 8-K and 10-K with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements
CONTACT:
Microelectronics Technology Co.
President:
Mr. Brett Everett
702-221-1914
info@melypk.com
www.melypk.com
www.dynamoservers.com
SOURCE: Microelectronics Technology Corporation
Look at all these shorts ... they'll have to cover very soon
http://otcshortreport.com/index.php?index=mely&action=view#.VCV2KvldVW8
$MELY
They loaded up the ASK nicely. MM's are really trying to keep this down but we will prevail.
15 mil at 0.0009 then we'll see over 100% gains after that. Let's show them how it's done.
$MELY
imo
8's are gone. 9's are up. MM's have to cover today and Monday and they have to cover over 150 million shorts.
http://otcshortreport.com/index.php?index=mely&action=view#.VCV2KvldVW8
$MELY
LOL ... I'm trying to grab it as well. Just picked up another 4 mil this morning
1.5 mil left @ 0.0008
$MELY about to break out
4 mil left @ 0.0008. Over 150 million shorted in last few days and MM's will have to cover today and Monday. Big movements coming today and Monday.
Get your shares while they're cheap.
$MELY
Down to 5 million at .0008
Good morning $MELY
Today is the day we close double 0 !!
$MELY
imo
Let's see who wins the paint challenge at the close today lol ... yesterday they painted this red right at the end and I have a feeling they'll try to do the same thing today
I think today won't be much busier but tomorrow around this time I expect lots of ask slapping to happen. I will not be surprised to see more volume in the last hour tomorrow than we did all today or yesterday, and wouldn't be surprised to see a nice gap up on Monday.
I'm buying another 15 million shares tomorrow.
$MELY
Great day for MELY today guys. EOW will be very strong imo for $MELY
Someone sold right at the close to bring it to 0.0008 No green close but we know the truth
Ok now only 2 million left
$MELY
$MELY
Just under 300 million trades yesterday and over 110 million traded today. This stock is for real. Making money every single day and going to make even more money with all the new servers ordered.
$MELY only million left @ 0.0008. Cheapest you'll ever see these shares imo
$MELY
Only 5 million left at 0.0008 ... pick them up before they're gone and this time forever imo
$MELY
Rocketman's Farewell Party : Friday Sept 26, 2014 @ 4:01
Please R.S.V.P your spot for Rocketman's Farewell Party this Friday @ 4:01PM EST as he will be leaving this message board FOREVER
RSVP here