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It does not effect O/S
GO MELY!
Very nice stock pick for a beginner! Welcome MELY where you double your money by tomorrow and 10x within months. Good pick. Have a good day sir and spend wisely!
down day on the news? thats a lot of dumping going on
5 years of trading tells me MELY going to 0.01 tomorrow but that's just my opinion
HAHAHAHAHHAHAHAHAHAHAHAGOMELYAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAH
GO MELY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Microelectronics Technology Corporate Update Marketwire "Press Releases"
MONARCH BAY, CA -- (Marketwired) -- 05/29/14 -- Microelectronics Technology Corporation (OTC Pink: MELY) (PINKSHEETS: MELY), the Company is pleased to announce progress the company has made regarding the beta testing phase, corporate structure changes, financing negotiations and BTC Mining Server order status.
Beta Testing Phase The company has determined to end the beta testing phase as of May 31, 2014 .
Minor adjustments to the existing 3 TH/s BTC Mining servers are continuing until beta testing completion with satisfactory results to date.
The company's BTC mining pool will be live as of June 1, 2014 .
Corporate Structure Changes The company updated its filings with the state of Nevada bringing it current in all aspects including its business license.
The company also increased the Authorized Common share capital to seven billion five hundred million common, with no change to the Preferred share authorized which is fifty million authorized of which 110,000 are issued and outstanding.
The company entered into an Asset/Intellectual Property Purchase Agreement effective May 5, 2014 which included the company providing a convertible Promissory note for the face value of $150,000.00 .
Language contained within the convertible promissory note, specifically clause 12 contains a provision where the company is to reserve one billion five hundred million common shares in treasury, without issuance, unless a portion of the note is converted.
"12. The Company shall issue irrevocable transfer agent instructions reserving 1,500,000,000 shares of its Common Stock for conversions under this Note and another note being issued on the same date herewith (the "Share Reserve"). The reserve shall be replenished as needed to allow for conversions of this Note. Upon full conversion of this Note, the any shares remaining in the Share Reserve shall be cancelled."
The company currently has issued and outstanding 1,067,252,449 common shares. The previous authorized common share threshold was two billion five hundred million requiring the company to expand the authorized share capital to meets it's contracted reserve requirements for this note and other pre-existing notes held by Institutional Investors
Financing Negotiations:
The company has secured through institutional investors the required capital to purchase the phase one targeted one hundred 1TH/s servers for a bulk purchase.
This financing is through the issuance of convertible notes issued pursuant to rule 144 with a minimum 6 month hold on the underlying common shares.
The company continues to pursue for larger non-dilutive financing options for operating capital in the future.
BTC Server Order
The company is in negotiations for the acquisition of 100 - 1TH/s BTC Mining Servers from its supplier. The company expects to finalize the purchase order early next week with delivery of the 100 units within a three week delivery period as indicated by the supplier. Upon delivery the BTC Mining servers will be installed and mining on the company's BTC Mining Pool : www.btcpoolparty.com as soon as possible.
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 next 30 days.
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.
GO MELY GO MELY GO MELY GO MELY GO!!!!!!!!!!!!!!!!!!!!!!!!
0.02 to 0.03 in 2 weeks. GO MELY!!!!!!!!!!!!!!!!!
0.01 TOMORROW GUARANTEED!!!!!!!!!!!!!!!!!!
HUGE NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
100 SERVERS!!!!!!!!!!!!!!!!!!!!!!!!!!!
BITCOIN PRICES GOING GOING UP UP UP UP UP ALREADY !!!!!!!!!!!!!!
I SEE 0.01 TOMORROW!!!!!!!!!!!!!!!!!!!!!
NEWS ARE COMING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!mely!!!!!!!!!!!!!! GET READY!!!!!!!!! THIS WILL FLY!!!!!!! GO MELY!!!!!!!!!!!!!!!!!!!
waiting for copper ...one month two months? I will be there :)
Some otc you trade and some you hold
All i know is MELY is a strong HOLD
GO MELY!
Its like kicking someone in the eye and taking their money..legally lol
You mean stop losses? Yes those were hit while big boys were out having lunch and counting their "profits"
yes. minimum 0.0036...my prediction is strong 0.0040
LOL ya thats what you wish cuz you shorted it? didn't you? ;)
in your shorty dreams. 0.0040
Because they posted News hour before closing the last time and MELY has reputation for last minute NEWS
at 3 pm EST hour before closing
Thats what i said. News coming hour before closing, so i really don't understand the selling part :)
News will be posted 1 hour before closing....
So you shorted the stock and right away posted this? Nicely done. See you at top.
exactly ...big boys are still on lunch ..probably got email about lost goodies :) with their stop losses
LMAO yes i am on my floor..can't stop laughing
Lol Stop losses were hit ..now watch this thing sky rocket back to .0040
ERBB going back to 0.09 ? or whats goin on here
READ THIS: HRDN has competition and they already provide financial services and their stock did not even move:
http://www.marketwired.com/press-release/Advanced-Content-Services-Inc-Signs-Joint-Venture-Launch-GreenStar-Payment-Solutions-OTC-ADCS-1913178.htm
YES 100% makes sense to double double...bitcoin price will double soon too...PPS will double anyway on tuesday and as a matter of fact, i like my coffee double double too and thats why i have double c and double o in my name and i am wearing sunglasses DOUBLE DOUBLE
go double MELY!
NEWS
will be coming on TUESDAY
Mark it
Best regards
RACCOON
YES. Tuesday we get another PR and off we go to the races and i will enjoy when shorties will be desperate to cover their positions
FACT. bitcoin going pass $1000 within next 90 days
GO MELY!
$MELY #1 on the IHUB boards
MELY 0.0050 ON TUESDAY! GO MELY!
OH REALLY? so confident
maybe I don't want anymore
IT IS GOING TO BE MONTHS BEFORE ANY NEWS COMES OUT
I AM OUT. WILL BE SELLING INTO BID.
"VERY NEAR FUTURE" right
Source? MDNT$