Microelectronics Technology Co. (fka MELY)

[jeks108]

As I stated before. Do we just expect MELY to magically come up with the servers? no. We want concrete real bitcoin mining servers and will have to pay for them like anyone else. We can wine about dilution all day long, but it is an investment. We put money in for MELY to invest in their business. They choose to buy mining servers. I like what they are doing so I invest. In return I expect the value of my shares to increase along with MELY's revenue. I have no problem with HEALTHY dilution (AND neiether unhealthy or healthy dilution is happening. ONLY an increase in A/S and some convertible notes that can also be paid off with MELY's profits).

If a company is just mindlessly dumping shares without a plan then there is a problem, but there is no problem here.

1.) MELY only raised A/S because of a rule that they need 1,500,000,000 shares in reserve in order to get the loan for the 100 servers which we are receiving 4 months earlier then expected.

2.) It is A/S NOT O/S. Therefore MELY's O/S remains at just over 1 billion. NOT 7.5 billion

3.) MELY can pay back the convertible debt instead of having the loan convert. MELY must simply keep shares in reserve in case they can't pay the loan back. However, making $2 million a year in revenue should make paying any loan back much easier. More info on convertible loans

4.) MELY only has a little over a billion shares outstanding. They only needed 1.5 billion extra in reserve in order to get the convertible note financing they needed in order to buy the 100 servers. HAVE you considered that the reason MELY went ahead and raised the A/S to 7.5 billion is because they want to speed up and be prepared for phase 2? If so, MELY could issue another convertible note restricting another 1.5+ billion shares (not selling) and start phase 2 with a second convertible note. Then we could be mining with 200+ TH/s servers making over $4 million a year in revenue.

People can keep saying DILUTION DILUTION, but we know better.
These convertible notes, yes they can be converted to shares if gone unpaid, but they are not automatic dilution. MELY has the choice to pay them back. ALL MELY has done is lock up shares in case everything fails. It is a safety measure that they are required to do.

Now. Let's sit back and enjoy MELY's run. And for those of you crying dilution dilution you are shooting yourself in the foot. Think. Would you be here if you didn't plan on buying more shares of MELY. You just want cheaper share prices. Regardless. We know you want more MELY.