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Any Filings to support these Revenue Claims?
Just wondering.....Thinking about riding the wave but feel this might just be a tight float pump and dump.....
Let's just hope that forward looking statement doesn't come back to bite them.......
If this is indeed true I can see why they've withheld any PR lately... that's one he'll of a way to get your business restarted with your fresh and respectable share structure
Well Im familiar with the sales industry and usually stuff going on sale is a marketing strategy.... People will buy your products over what they normally get just because it's on sale and when it goes back to the normal price they are more inclined to buy your product because liked it when they brought it on sale...
Sales doesn't always mean There's a surplus they can't get rid of...
Some idiot must of wanted to unload his shares and didn't put a limit order in and the market makers took him to the bank and brought his shares for 0.00005 dropping the stock to that price until someone brought 0.0001's again
I have patience doesn't bother me much.....In between having no PR recently and the Votes Still out I don't see how people can expect anything different from the PPS right now....
Im just laying back with my shares waiting
Means No dilution.......
Im sticking around for dollar land on this play..
Too many people here trying to talk this stock into rising EVERY SINGLE DAY... relaxxxxx..
About to sell my shares to the market makers to buy me a bag of Doritos...
Gotta have fun with it lol....
MELY SUPERRRR LONGGG #NachoCheese
FALSE lol
You get 1 Preferred Share that you can CONVERT Into 100,000 common Shares in 12 months....
I feel im playing ping pong here lol
GLTA
You get 1 preferred share for every 5 million shares owned before January 31st...
Too late now to get the Divy
No PR before i received my Proxy this morning?
They Deserved that NO......
GLTA
Your not following...
If brett goes against the filing and doesnt produce the Divy and his stock gets halted fine.....
The lawsuits that will come from the action will make me more money then if i stayed in the stock....
I dont think Jail Time is on his Bucket list...
Im wasting posts here im gonna go check my other tickers....This talk is pointless.lol
GLTA
Ill make more money on the lawsuit then i probably will on the stock so if he wants to break the law and go against the filing beeeee myyyy guestttt lol
Well you are right about Anything goes in OTC Land but not when it comes to SEC Filings....He doesnt Deliver he faces Criminal Charges and a Slue of Lawsuits.......
Yeah Mely will have a decent share structure to move forward with.. they were gonna get no respect with the share structure we have now no matter how many servers we get online......Its up to them whether they prevail with these servers or Dilute it into oblivion.....
If we indeed have 7 PetaHashes by years end and Bitcoin has a Good Year.....Dividend Holders will have one hell of a long term reward
Only people complaining right now are people who didnt Qualify for the Divy, People that just hate Brett or people who wanted Quick Flip returns...Or all of the above lol
GLTA
Divy record date was January 31st...before the R/S was even filed......So Nope....Divy still in effect....
The dividend is the only certain thing coming.....
Filed with the SEC brotha... only way around that for Brett is a prison cell........Criminal act to not deliver the Divy since we passed the record date he filed..
Hey look Im optimistic but were not moving a billion shares before the split......
If we do that will be astonishing....
Who ever is buying right now needs to do some serious DD lol......
Wait for split then wait for servers........
Dan O'neil Should apply to be the offensive coordinator of the Seahawks.... lol
That is the key.......For them to perform.....Im only stating facts on what were getting...
As far as MELY doing what their supposed to do this year that's up in the air.......
The dividend is officially the long ball
Even if they R/S before the distribution date we still get the Preffered because we are share holders of record holding 5 million or more ....
They can't go against that SEC filing even if they wanted to..........
After the split we will be at 10 cents a share .....
If they can maintain that is good news for dividend holders. ..... .If they outdue that will be even better. ....If they fail...well that's the risk........
Remember were in the OTC... The land of miracles lol
On February 23rd you receive 1 preferred share which you can convert into 100,000 common shares.....With a restriction that you cannot convert the preferred share until January 2016...
For example if the price stays at 10 cents a share this time next year you can convert your preferred share into 100,000 common which will be worth $10,000 at a price of 10 cents a share....
If they do better you will get more... If they do worse you will get less per share but still receive 100,000 shares regardless
Hey Im all for it lol.......
I'll will show no remorse and dilute my preffered shares right into common January taking my cut of the cycle if they choose that route.....
Yeah I would too.....the real money lies with the preferred shares now....Our common shares are toast......that's the trade off.......
Yeah we all knew this share structure had a expiration date on it the way it was....I think people are mad because they can't tick flip it for 100% gains anymore and they actually have to rely on the company doing good to get returns.....
And at the end of the day the company worries more about their success more then whether their shareholders can make quick money...
Time will tell whether their plans will pan out..
The distribution date for the Dividend has not come yet....I believe it is February 23rd....Someone correct me if Im wrong..
As I said before... the preferred shares change everything.....if every company were to offer a way to possibly regain your profits through preferred share conversion after a R/S nobody would complain....and if MELY wanted to totally screw us they wouldn't offer it...
I know right lol
MELY LONGGG... R/S FTW!!!
Only because servers haven't been delivered and the share structure is trash....
If they get those peta hashes online with a much better Share Structure we could finally see decent price action...
Only people who truly lose here are people without the Dividend amount or people who have been holding from a much higher price...
This is gonna be a long year of bashing and assumptions leading up to next January....
But if they deliver Oh boy if they deliver....
We'll see how this goes.
MELY SUPERRRRRRRR LONGGG. LOL
Hey works for me I brought in at 0.0001
This could be reallllll good if they do what their supposed to do this year........
Making a 100% each tick would of been fun but I have a feeling this isn't over yet..
Too much 3rd party confirmation for this all to be a sham...
We'll see how the definitive filing will be laid out to see how we make out with the preferred and if you take a trip over to ICE* ..
They did a reverse about a month ago aswell and are still trading at the same price.......And alot of those people were trading within a weeks time...
We'll see how this plays out....
YES and the people with preffered will swoop in next year and reap the rewards....
I've seen Reverse splits and the companies don't even have projects going on there just splitting with no hope....atleast there is a plan here....If they do what they say their gonna do this is gonna do well for preffered share holders....Everyone else well... no comment lol
Maybe Im being objective cause I didn't Bet the house on this one lol...
We'll see....all I know is a R/S without a preffered share offering would of be alot more dire......
GLTA....
Or it was a attempt to not screw shareholders and give them a way to cash in their investments 10 fold after the Rs after the restriction has been lifted.... We'll see this time next year where the PPS is at....but what we do know is that if MELY does intend to be the largest Bitcoin mining company theirs no was we were gonna have a healthy PPS movement with the current share structure... something had to change
I mean we all knew with the way the O/S was we couldn't be really successful so anyone surpised or upset by the R/S just doesn't know how this works....and if MELY does take off the preffered shares will be worth the investment.....
After the bounce we saw last weekend Im not worried....we all saw it go from 215 to 300 in 2 days......
Scott Fargo confirmed in one of the emails they were ordering SP 20's and SP 30's....