Microelectronics Technology Co. (fka MELY)

[anon13333]

$75M market cap based on what? Leasing 3PH servers? Even if they get 3PH (which I doubt) what will that bring in revenue? $2M a year? And what will the earnings be on $2M revenue? No one knows this answer because MELY has not disclosed who is leasing the 3PH and terms of the lease agreement. So there is no way to extrapolate any real figures because MELY has not produced any substance in their PR's. Finally, how is MELY going to pay for the 3PH's? They don't have any money? These lease contracts are usually paid in advance. Again, we don't know????

Market cap now = 7M shares at .025 = $175,000. How do you go from $175K to $75M???? Does not make sense.