My honest feeling on the RS is that it had to be done but we really hoped it wouldn't. 95% of the time an RS is really bad for the PPS, BUT if MELY is able to get the servers up and running and generating income, there should be no reason why the PPS doesn't go past $0.10 even if it dips initially after the RS.
It's all on the servers, if they show up we all get rich. If not, well I guess a lawsuit is coming lol
$MELY still believing
By the way, from what I'm reading, we still get the full preferred shares based on our shares before the RS right ?
