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I guess you have no other choice lol
It's 13th of January and nothing yet....disappointing! I have a feeling some people are gonna drop our of MELY today
Yes because what rocket is going to do is what rocket is going to do....And of course what MELY will do is what mely will do....Damn! That's some great logic....
haha...sorry but I have to share this...Today I put up a few million shares for sale at .0002 (mostly for shits and giggles). I got filled for 1 share at .0002...WTF??? Why would anybody buy 1 share at this level? Messed up!
People are just BID sitting at T1s in hopes of notes conversion. But that may not even happen! So maybe we should just hit the ask. Just sayin
Can someone tell me what's the current bid and ask now. Sorry I'm not at my desk at the moment so don't have access. Thanks.
My understanding is that the preferred shares are themselves the dividends. Hence they are called preferred share dividend. Somebody correct me if this is wrong.
I think this is correct. I have been in a divi stock before as well. I sold right after the divi record date and I still received the divi on the distribution date.
No one answered this question for you...hmmm....
I'll take a shot...I think a R/S won't affect your preferred shares. meaning, if a R/S happened, you will still get 100000 common shares for each preferred share.
If someone disagrees, please correct me.
That's only if the people who front loaded at .0001 don't start selling off into the bid too soon. I can't be sure obviously, but I am hoping that all those who are calling themselves longs and claiming that they will hold their stock for much higher gains, will actually do so! I guess we will have to wait and see....
If I'm not mistaken, the union capital note #4 is really the only note that could still be converted, or potentially being converted now, assuming the additional $32,000 note has already been converted. And if it is not converted yet, could be Payed off by MELY if they have secured the 2M funding. Other than that it doesn't seem like anything will.Be converted until March at least. It by then we should be well up and running with our servers and making decent revenue!
Great work! Thanks!
If what we have seen them test on the BTC Pool website for the past few weeks is any indication of what they ordered (i.e. 1.7-5.3 TH/s servers), then we know that SP31s and SP32s are coming in the shipment, in addition to SP20s.
Regarding hardware going obsolete: hardware goes obsolete with an increase in mining difficulty. However, we KNOW that mining difficulty has actually DECREASED as some players have dropped out! This means mining hardware such as SP31s and SP32s are NOT obsolete, and will not be for some time to come.
So I'm not worried at all about hardware going out of date any time soon. As soon as the shipment arrives and they hook it all up, we are off to the races!!!
Better believe it buddy...this is going to go NUTS when the servers come on! A LOT of accumulation has happened here!
Wait for it pete! Servers are coming...bigger and better! Takes time to get these things going, takes money (hence the dilution, and "your train not taking off"). You should have known that before you invested. The story still hasn't changed. ALL THE PREP WORK HAS BEEN DONE IMO IN THE WAREHOUSE. What is missing are the servers, which I believe are on the way. You can either join us and buy more shares at these levels OR keep singing the same tune you have been singing.
You cannot expect miracles from a start-up, right from the get-go!
BTC Pool Party is to be the only honest and truly transparent pool with accredited, independent audits and openly disclosed payout rates and fees.
BTC Pool party payouts will be reviewed by a PCAOB member, Securities and Exchange Commission accredited independent auditing firm on a quarterly basis with a full audit every 12 months.
This is a requirement that BTC Pool party management subscribes to for its pool members to provide complete transparency for the future.
Several operational pools claim to be zero fees and zero costs to the operational mining member however there is a discrepancy between the actual hash rate that the miners are submitting and the hashrate that the pool credits the miner for. This allows for a skim or cut by the pool operator which is harvested by the operator as a by product of operating the pool as a free service. BTC POOL PARTY will not skim or cut the mining operators payouts now or in the future which will be established by the independent Auditing firm.
For all those who still haven't read the article published in cryptocoinsnews (CCN), here is the link.
https://www.cryptocoinsnews.com/btc-pool-party-new-transparently-audited-publicly-traded-us-bitcoin-mining-pool/
Remember, CCN's own Scott Fargo is supposed to go to MELY's warehouse to audit the pool. Once the shipment arrives, which could be ANY day now, they'll be ready to hook the servers up and get going! The nodes have been tested and mining software has been upgraded for the brand new machines (among which I believe we will have SP31s and SP32s, in addition to SP20s). The power cables and racks are being added as we speak IMO.
This is going to shape up nice! Can't wait!
People need to calm down here! The fact that there are still 2s available to buy on the ask is a blessing, coz this could been sitting at .0005 easily today, if the servers got delivered. I suggest people smarten up and buy up the 2s today. If the servers get delivered on Monday and we get a PR announcing the launch date, dilution won't matter! This train will take off, and won't wait for anybody! I will buy some 2s today myself to help out. But I'm already loaded to my gills so I hope others will help out here!
The Economist published an article today on Bitcoin mining. THE MAGIC OF MINING.
http://www.economist.com/news/business/21638124-minting-digital-currency-has-become-big-ruthlessly-competitive-business-magic
Pretty interesting....
For all those who still haven't read the article published in cryptocoinsnews (CCN), here is the link.
https://www.cryptocoinsnews.com/btc-pool-party-new-transparently-audited-publicly-traded-us-bitcoin-mining-pool/
Remember, CCN's own Scott Fargo is supposed to go to MELY's warehouse to audit the pool. Once the shipment arrives, which could be ANY day now, they'll be ready to hook the servers up and get going! The nodes have been tested and mining software has been upgraded for the brand new machines (among which I believe we will have SP31s and SP32s, in addition to SP20s). The power cables and racks are being added as we speak IMO.
This is going to shape up nice! Can't wait!
Absolutely!
They may have a partial shipment which would explain the servers we have seen being tested.
Good idea! The thing is, most people are inherently impatient in the OTC. There is nothing we can do about that. And most of them don't understand what's actually being done in terms of the steps required to complete am installation this big! The company may not have met their stated deadline but they have already succeeded in relaying that to us.
MELY itself is getting a little impatient now, which they alluded to subtly in their facebook post when they said 'we're all practising our skills at patience'. And they DO realize that we are impatient too when they say...'thanks for yours!'
People here need to WAKE UP and realize this is not going to stay at these levels for long. Be THANKFUL that the servers haven't arrived yet, because that fortunately means that stupid traders may allow us to load even more at these levels.
I'll be loading tomorrow!
MELY will come through...I'm certain of it! A lot of time and effort goes into getting these things up and running. We have witnessed ourselves them testing 1.7 - 5.2 PH/s servers for the past couple of weeks. If you think that is just in your imagination, then give me a break!
I'm not worried at all. I can wait a little longer...I'm sure the company will update its shareholders when the shipment arrives. A LOT of accumulation has happened...this is going to RUN HARD...it's just a matter of time.
Good luck to all Longs!
$$MELY
IN ALL HONESTY I HAVEN'T SEEN MORE POTENTIAL IN A PENNY STOCK THAN MELY THIS TIME AROUND!
INSANE amount of interest will be generated. This will blow through the roof!
Just so you know, we will most likely have NEWS tomorrow...by then it would be way too late! You won't be able to get this below .0006 at the least! So it's your call!
Let's not underestimate the clout and connections of Juan Garavaglia! This guy is a Network expert, check out his profile at Linked In. He is definitely the man who can deliver PETAHASHES of power in no time. My confidence in MELY has grown exponentially ever since Juan became VP here!
So excited!!
BTC Pool Party is to be the only honest and truly transparent pool with accredited, independent audits and openly disclosed payout rates and fees.
BTC Pool party payouts will be reviewed by a PCAOB member, Securities and Exchange Commission accredited independent auditing firm on a quarterly basis with a full audit every 12 months.
This is a requirement that BTC Pool party management subscribes to for its pool members to provide complete transparency for the future.
Several operational pools claim to be zero fees and zero costs to the operational mining member however there is a discrepancy between the actual hash rate that the miners are submitting and the hashrate that the pool credits the miner for. This allows for a skim or cut by the pool operator which is harvested by the operator as a by product of operating the pool as a free service. BTC POOL PARTY will not skim or cut the mining operators payouts now or in the future which will be established by the independent Auditing firm.
MELY IS SET to become the biggest player in the Bitcoin mining business in USA (and quite possibly the world)! Folks, one doesn't have to have a big brain to figure out that it's a huge deal. A dominating player in an exciting emerging industry that is being endorsed by some of the biggest names in big business ( Microsoft, Dell etc...there are thousands of business that accept bitcoin now and it only grows from here)!
MELY IS A PARADIGM SHIFT IN THE WAY BUSINESSES OPERATE AND DISPLAY TRANSPARENCY NOT ONLY TO SHAREHOLDERS/INVESTORS BUT ALSO THE PUBLIC AT LARGE! MELY's operations will be so transparent that you will be able to track them in real time! They will be INDEPENDENTLY audited by non other than the SEC itself and reports will be proved quarterly and annually. That is UNHEARD of in the OTC! All your other MJ stocks are nothing compared to this!
Much of the investment community does not even know what MELY is about to unleash. When they do come to grips with it, there will be no stopping this.
I respect those who want to take their little profits and go. But if you think flipping this will make you more money than holding it, then you are sadly mistaken! The journey had not even begun yet!
Good luck to all fellow LONGS!
$MELY
Even if 3s don't print today, I suspect people are not foolish enough to sell here knowing there is PetaNEWS on the horizon!
Not to mention BTC @ $296 now!!
Speed going back up again! As someone on this board has said...MELY will go APE Shit!!!!
MELY UNLEASHING THE BEAST!!!
Check out the server online right now!!!
I'm sensing BIG SLAPS power hour! MELY WONT BE AT THESE LEVELS TOO LONG!
People here need to realize that news isn't even out yet and we are already on our way up....Just imagine what happens when news of servers coming online comes out! Not to mention some other surprises MELY may have in store for us!
People PLK# jumping in here IMO. THINGS ARE JUST GETTING STARTED HERE!
I thought for a sec you were gonna say it's ground hog day lol...I think we are pretty close now to breakout
Good to know. I have averaged down as well significantly since .003s. Loaded to the gills now. Just waiting for the inevitable run!