Microelectronics Technology Co. (fka MELY)

[this2shallpass]

yes...i dropped a ton of money..fell for the preferred dividens.so i really lent the co money for 12 months and maybe get back some money..in other words you buy 100 million shares to get the preferred shares of now 5 million shares.when instead you can buy now 5 million shares for 500$ ...so its 500$ verses $25,000 to get preferred shares and you cant even trade it yet.loyal shareholders have been screwed..even if stock goes to ten cents...all our money is tied up in the devalued preferred shares...yes of course co gets credit for contiuing the scam or it might be a real co in the end...for now the co is alive and wr can recover some money...i bought 250$ few weeks ago ..so maybe that will turn into a big win..other then that...thats all i have in mely ..till march when we get our div..ok