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Garyst, I am surprised to see you still holding this crap. Looks like it will cost all shareholders another $20 after the next R/S. They have to split to keep the money machine turned on. It is only March and at the rate of dilution, shareholders may have to pony up another $40 to $60 this year to pay for splits. I know $20 doesn't sound like much, but it insult to injury that is being inflicted by ELRA.
I am with TDA and shares are in my account and tradable under MELYD. Level II is .04 bid X .08 ask.
How do you interpret paragraph 2(a) of this document?
http://www.sec.gov/Archives/edgar/data/1329136/000132913615000020/melycertdesignation.pdf
Hey man, how you feel about that 100 Dividend? That was a sucker move by MELY to lure people into thinking they would get 100,000 shares post split. No they didn't say the dividend wouldn't be split adjusted, but it was certainly implicit and all the posters seemed to think they would have 100,000 extra shares post split. 100 extra shares at .02 (current price) is not worth the trade fee. And to wait a year to trade it will only make it less valuable. Can you imagine another 1000/1 split on 100 shares???? LOL. Hugs around.
LOL. A 100 share Dividend. YOU have been rewarded...again! 100 shares is definitely an incentive to hang on to my shares...NOT.
100 SHARE DIVIDEND, UNBELIEVABLE.
Congrats on your trade! Here is how MELY shows up in my account withTDA 59506R105. There is no symbol associated with MELY and I cannot buy or sell because there is no associated symbol. As soon as I can trade, I will sell immediately. I will take .02 in a heart beat.
Who is your broker?
Please stop! You know retailers currently can not trade MELY. So you weren't really ready to buy MELY today regardless of the news.
He has Zero credibility. Mark it! MELY also has ZERO credibility. Still no new servers and nothing else, except dilution.
My prediction is that MELY will NEVER, EVER deliver anything except dilution! Mark it!
Retailers cannot trade this junk now. The only people trading this junk are the diluters and they are selling, MELY will be at .02 or lower when retailers are allowed to bail. I just hope I get dinner money for my shares.
At least $7M in dilution in 8-10 months. Enough to buy a sh...load of servers. However, that money just went into the toxic debt holders pocket and others. Oh, MELY did buy 100 servers.
Oh, there will be selling. Just not by retailers. There will dilution aplenty.
Still no new servers. Just more dilution. I predict the price to open at .10 tomorrow and close at .05 down 50% for the day. Any other predictions? 1000/1 what a joke and some people are excited about a split????? When can I sell????
Let me know when MELY is tradable so that I end my MELYISRY. I will use the proceeds to buy a nice dinner. Good luck to all the MELYaires shareholders who will so be MELYthousandaire shareholders.
These companies like ELRA are financed via toxic debt. That is why they are worthless. The only people making money with ELRA and other toxic debt companies are the company and the financiers. The shareholders only make losses.
Here is a link to where the money is going. This kid is only 27 and making bank. ELRA has issued shares totaling over $20 recently. Where is that money?????
http://www.msn.com/en-us/money/savingandinvesting/this-27-year-old-made-millions-riding-the-death-spirals-of-penny-stocks/ar-AA9Gg7U
Buy more MELY????? If you buy more, you know you can not talk bad about MELY anymore because you know: there are no new servers, dilution will only continue and there will be no divy. Buy more of a company that has done nothing except dilute??? smh, literally. You can buy my shares right now for .00005. Deal?
Toxic debt financing is the culprit with MELY. The only way for the stock to go is down because of the massive dilution. Why does MELY need toxic debt financing? The only answer is to enrich themselves and the financiers. Where did the $7M dollars that was diluted go? This is why MELY is doomed and anyone that buys into these toxic debt scams are doomed. i will sell as soon as this is tradable. No new servers and no divy. And I will stop posting as soon as I sell. Until then, I am going to get my money's worth.
http://www.msn.com/en-us/money/savingandinvesting/this-27-year-old-made-millions-riding-the-death-spirals-of-penny-stocks/ar-AA9Gg7U?srcref=rss
Uh, that would be nothing. Nothing going to happen except 1000 for 1 R/S followed by more dilution followed by another R/S and more dilution.
Click on the link below to see the type of toxic diluters MELY is in bed with. These guys make the money and shareholders make the losses. This is my last toxic debt company. I will not give these guys any more of my money.
http://www.msn.com/en-us/money/savingandinvesting/this-27-year-old-made-millions-riding-the-death-spirals-of-penny-stocks/ar-AA9Gg7U?srcref=rss
I agree with Rocket...and still no new servers. Scam on top of scam! IMO. I can't wait to sell this dilution machine and go to dinner with the proceeds. 1000 for 1 is a joke. And still no new servers. $7M in dilution and still no new servers. The divvy is probably with the new servers...in lala land.
MELY doesn't have any competition because they aren't doing anything. You have to do something in order for there to be competition. MELY current servers can't compete with a high school senior. Wake me up when they new servers. BTW, where is that DIVY??????
Like I said yesterday, the split will be effective today. At least keep up with the news....
There won't be a PR from MELY stating anything because there is nothing to say. Ask yourselves, why hasn't Coindesk written one sentence about MELY?
The link says Eff/Ex date is March 5. Please reread.
FWIW, I am selling at the market as soon as I can post R/S. I hope I will be able to buy a nice dinner. MELY can keep my dividend.
The split is effective tomorrow. Are you saying they will get 2+PH up and running by tomorrow? Or are you saying will be some unknown time in the future (1 week/month/year/2years)? The operative word in your post is "when." IMO "when" will never happen. There will be no new servers only new dilution after the R/S. That is the only action we will see here.
New ID created and under 5 postings???? 10K really???? And you post that on a message board???? No one in their sane mind would invest a nickel in this ticker. You must work for the company???? Or some kind of new pumper. You have Zero credibility.
Gary, you can't blame the company for having a never-ending money machine. This is a brilliant idea! You have to blame the people that buy this junk. Everyone thinks they are smarter than MM's, debt-holders and ELRA. These people know how to make money by printing shares. The only thing anyone can do here is to sell immediately and everyone else just avoid this issue altogether. Way back when this was trading around .04 ($12 without the splits), I suggested that you sell and just try to day trade this issue. You pointed out that ELRA had previously made great runs and you were waiting for the next great run. Unfortunately, that great run never happened. That mentality is still going on now. People are waiting for the next great run; however, that does not appear to be happening. All holders seem to be trapped. Why keep giving the brokerage companies $20 every six months for conversions?
THE ONLY STRATEGY HERE IS TO SELL EVERYTHING NOW AND NEVER LOOK BACK. ANYONE CONSIDERING BUYING ELRA SHOULD STAY AWAY. TRYING TO MAKE MONEY WITH ELRA IS LIKE TRYING TO TAME THE ALIEN CREATURE, IT IS NOT GOING TO HAPPEN.
How can anyone with a conscience pump MELY? MELY is at zero bid (that means you can't sell it). MELY is about to reverse split (1,000 for 1). That means you will have significantly less shares. MELY has failed to deliver additional servers for over 8 months (can't be trusted). MELY has diluted over 7.25B shares in 8 months. That means someone other than the shareholders made money. There is no money to be made here, period. That should be the message.
How can you call it business suicide? They are making money everyday by printing shares. They have made over $10M in the last year by diluting billions of shares. I wish I had this kind of business where I did not produce anything except shares and sheeple bought them. Some people never even sell these shares. They just endure R/S after R/S and end up with so few shares they don't think it is worth the effort to sell. Then these holders just pay the $20 with each R/S. Business suicide, I don't think so. I would call it business genius. Every current holder should just sell and take the loss now. GL with this diluting machine.
Once and for all, there are no new servers. There are only new shares being printed. Truly delusional. Ignore feature employed.
MELY diluted 7.25B shares in 6-8 months. Conservatively, at an average price of .001, that equates to over $7M dollars. I would consider $7M a boatload, wouldn't you?
Tower, how can blame Brett about your $22K now being worth $183.00 when you are buying more shares each day? How can you continue to buy MELY shares when your account down? If you are still buying, please don't blame Brett or anyone else. You cannot have it both ways. You are the master of your own destiny.
There are no bashers here, just long time holders who are frustrated. There are no new servers period. BTC is time sensitive. If MELY had servers, they would connect them immediately and start reaping the rewards. Eight months and counting and no new servers. Heck, they don't even have the original 100 servers connected. There is nothing to see here. No bid, no volume and again, no servers. Just a shell.
Did you sleep in a Holiday Inn last night??? A buyout, LMAO. Did you notice MELY is at zero bid? This is a dead ticker. BTW, why are using all caps in your posting?
Tower, it looks like you are the only poster left that is supporting MELY. The evidence is there. There are no new servers. MELY said they ordered new servers for the last eight months. Count them, 8 months. So far nothing. They said they got a loan. Where is the money? There was no loan. MELY simply diluted over 7.25B shares in the last 8 months. Conservatively, 7.25B shares equals at least $7M dollars. That is what really happened here. This is just my opinion based on the empirical evidence over the last 8 months. Finally, look at the stock price (no bid) and the volume (less than 1M). These are other indicators that nothing is going on here.
That prediction was...well, WRONG. What is your next prediction? BTW, do have any shares here or are you just offering your psychic abilities to DNDNQ holders?
I don't think so. Some people thought since there was initially no stalking horse bidder, the bids were not going to exceed $250M. Then DNDN got a stalking horse bidder and then the opening bid price was raised to $400M. That is all we know for sure. Everything else is pure conjecture. With only two more days before bids are submitted, the PPS is not giving you any indication vis a' vis the bids. The final bid is anyone's guess. That is why is I said, you are either in or out. You either make some money or lose everything.
No one should kid themselves. This is an all or nothing gamble. The auction price will either be above the debt or below the debt. If the auction price exceeds the debt, shareholders get paid, if not shareholders get nothing. It is that simple. There is nothing to debate because no one knows what the final auction number. You are either in or out. Tuesday bids received. Thursday, final winning bid announced.
MELY is a scam ticker that diluted 7.25B shares in just 6 months and now 1000 for 1 R/S? The pumpers should just stop pumping. There is nothing to see here and definitely nothing to debate. There also will be no new servers, EVER! WAKE UP SHEEPLE. The volume will dry up until the R/S because MELY maxed the A/S (last reported A/S was 6.4B over a month ago).