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S&P 500
5,738.17
(
-0.13%
)
US TECH 100
19,440.00
(
-0.71%
)
Dow Jones
42,313.00
(
0.33%
)
Brent Oil
72.01
(
1.49%
)
Bitcoin
65,836.29
(
1.00%
)
Post# of 57991
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QuietTim

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QuietTim

Re: None

Wednesday, 05/28/2014 7:11:06 PM

Wednesday, May 28, 2014 7:11:06 PM

Post# of 57991
Authorized shares increased to 7.5B on 5/27/2014
The fact that they did not file SEC form PRE 14C for increase makes it even worse.Nothing legal going on here...
Management incapable of thinking straight.Printing press...
With this increase,even if bitcoin price will continue to rise - all shareholders will get is 1-4 ticks at the time with 100-500M a day and sell-off.No long term.I wouldn't touch this anymore.


http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=wVnebV4BOymPxDq8tQXLRw%253d%253d&CorpName=MICROELECTRONICS+TECHNOLOGY+COMPANY

And it also means that they will not hesitate to do a reverse split without warning investors through SEC filings.

glta

"Never argue with a fool - they will drag you down to their level, then beat you with experience."

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