Compare MELY to our competitor again, BTC_S.
BTC_S
153,000,000 O/S
Less than 1PH/s of machines on ORDER, not installed yet.
$20 million market cap.
Stock .11 cents, THATS ELEVEN CENTS, sorry I can't type in crayon.
Give this R/S BS a rest! Not EVERY R/S pinky ends bad, and you know it!
MELY will have 7,500,000 O/S
MELY will have 1PH/s+ soon
MELY Valuation ?
Yes, more dilution to follow, but if it goes into machines and growth no problem. You don't have to dilute nearly as much at .10+
True, Brett doesn't appear to know how to manage a company. But it looks like James Powell is probably deciding what is best for MELY. A R/S is a good thing, IF WE GET GOOD PRs and the machines installed soon the stock will be fine. Yes, you one or two tick flippers are pissed but I bot MELY for a BTC play, not a flip. A .10 cent stock with good PR is much better looking to whales and institutions than a trips. Some good PR before the split would give us a better post split price. GLTA.
$MELY