Please explain your thought process behind your statement that pressing charges is the next step?

lack of performance? what have they not delivered on that they said they would? Your confusion about performance seems to be tied to the share price, which is a market function. To say that this is a scam is just not correct.

Please enlighten us with your awesome DD.

NEWS POSTED TO IHUB!

They said upon closing. as it states in the press release.

the due dates are the same for all reporting companies, New york , Nasdaq, and pinks.

Its 90 days for a K 45 days for a Q

The 10K or annual report is not due until October. so maybe you should adjust that one?

So that's the companies fault that someone sells?
You probably think that when you buy stock out of the market, the company gets the money directly as well?
Please provide FACTS to support your bashing.

Please give factual information to support your statements if you can?

The next filing is a 10K therefore it will be out 90 days past the quarter end. Due at the beginning of October.

New update:
Update Aug 19th 2014 - The previous pool had been running on third party infrastructure. Dynamo servers has stepped in and has taken control of the pool hosting. Dedicated high speed hardware has been allocated to the pool relaunch which we expect to have rolled out shortly.
In addition to the current pool a secondary backup pool will be rolled out by the Dynamo team as soon as possible.

Good information about BTC:
http://www.coindesk.com/information/how-bitcoin-mining-works/

Obviously you failed simple math or you cannot read. It is 7.5 billion authorized.

Pictures!!! https://www.facebook.com/MELYPK

There is a reverse split in the very near future IMHO.

News was a few hours later than they indicated not days.

July 11th the joke will be on you and your bashing posts!
I cannot wait to see you have to admit publicly on this board that you were wrong from the beginning about MELY.

Its obvious to all that read your posts that you do not have a credible opinion on any subject.

It's reassuring to know that your advising the CEO of the company.
I am not sure we would make it without your esteemed guidance.

Why don't you re-read the press release. If they were going to put up any miners before the indicated date I believe they would have said so in the press release. Your arrogance over what you think your entitled to know is amazing!

Brett is probably busy with the servers set up. Do you think hes going to drop everything so you can tell him how to run the business?

Your just guessing. Why make statements like that?

Cologix? where did you determine that Cologix is providing more than rack space that the company leases for its servers?
Please provide confirmation of anything other than that!

BTC future gets brighter!

http://www.coindesk.com/california-bill-bitcoin-lawful-money-heads-to-governor/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

Hmmm One can only assume in your attempt to dramatize the increase in the authorized you over looked the fact that the authorized was at 2.5 billion as of May 27, 2014. That would make your 7X statement completely inaccurate. But it seems like you are not invested here so what does it matter. Move on!

Where do you get 7X? know what your talking about before making incorrect statements.

please provide at least some evidence of the basis of your statements. any real facts?

intellect seems to be a shortage.

UPDATE!!! Beta testing targeted for completion on May 27th, 2014. Keep Calm and Mine On.
From www.btcpoolparty.com

Could be 2 days as well, everything is conjecture because only the company knows the timelines for certain, which is real information not senseless guessing and fear causing negative rumors which obviously only serve those with a specific agenda.

so just sell your position and leave.

www.btcpoolparty.com is not down.

100TH/S @.075 per 1 TH/s 24 hrs equals 7.5 BTC per 24 hours or 225 BTC per month. 225 @ $450.80 =$101,430.00 per month.

The company will also get its proportionate share of the pool production since the company has BTCmining servers on the pool.
The company plans to ramp up to a minimum of 100TH/s over the next few months so the company will be generating significantly more than just the 2% you describe.

100 TH/s is the first phase of planned development per the news releases.

Microelectronics Technology Corporation Provides Update Regarding Acquisition of Bitcoin Cyber Currency Digital Mining Company

Marketwired Microelectronics Technology Company 3 minutes ago

MONARCH BAY, CA--(Marketwired - Apr 25, 2014) - Microelectronics Technology Corporation (OTCQB: MELY), the Company previously announced:

"Company has completed the documentation required for the finalization of the acquisition of Digital Mining Corporation and its digital mining assets.

Complete Acquisition details will be provided on form 8K yet to be filed."

THE COMPANY WILL FILE FORM 8K WITHIN FOUR DAYS OF THE EFFECTIVE DATE IN COMPLIANCE WITH SEC REQUIREMENTS.

In response to an overwhelming number of requests for information regarding the acquisition. The company is providing an update for the timing of the filing of the Form 8K.

Contained in the language of the acquisition agreement, is an effective date clause which provides for a stipulation to the closing, at the company's option, until after the successful launch of the companies BTCMINING POOL due to be launched May 1, 2014 subject to server availability.

THE COMPANY WILL FILE FORM 8K WITHIN FOUR DAYS OF THE EFFECTIVE DATE IN COMPLIANCE WITH SEC REQUIREMENTS.

"The Company has negotiated in good faith for the acquisition of this company and its assets and intellectual property," states company president Mr. Brett Everett. "It is in the best interest of the company and its shareholders to determine that the technology and intellectual property being acquired operate as represented, with the functionality the company expects and requires."

Bitcoin Mining: BTC
The company is in development of a 100 TH/s mining pool.
The company will be investing in the required hardware needed to provide the targeted 100 TH/s rate over the period of six to eight months.
The company will be operating this cyber currency mining center in an open pool configuration allowing other miners to join the pool for a proportional percentage share of the mining pool production.

The company anticipates the launch of its Bitcoin Mining pool May 1, 2014.

The company will add the first 3 (1TH/S servers) Bitcoin Mining Servers to the mining pool upon completion of the initial testing, with the addition of 10 (1TH/s servers) every two weeks contingent upon consistent delivery of the servers from our supplier.
The company will be operating this cyber currency mining center in an open pool configuration allowing other miners to join the pool for a proportional percentage share of the mining pool production.

About Dynamo Servers
Dynamo 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

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:
For further Information:
Microelectronics Technology Co.
President:
Mr. Brett Everett
1-949-436-9382
info@melypk.com

www.melypk.com
www.dynamoservers.com

FACTS ONLY PLEASE! this is all here say from a third party crack pot publisher!
What does it have to do with MELY? and its future success?

LMAO! Please provide any point of law that would make this a problem for either company? Both Microelectrinics ( MELY) or Direct Capital?
Please provide concrete evidence that this is a real problem?
This sort of thing happens all the time. So please provide evidence to support your allegations that this is breaking the law?

MELY is FAR BETTER than previously reported in previous posts!