Microelectronics Technology Co. (fka MELY)

[petermic]

New (late) 10K out today. Is this a joke?

I mean, not only is it tiny (165k in total assets) and have no revenues, but they did not even spend any money on the business. $160,000....... come on.. at least make an effort.

China YouTV Corp. (formerly Admax Resources Inc.)
(A Development Stage Company)
Balance Sheets
(Expressed in US Dollars)


June 30, June 30,
2007 2006

ASSETS
Current Assets
Cash $ 7,922 $ 17,523
Prepaid expenses 157,954 -
Total Current Assets 165,876 17,523

Investment in joint venture - -
Total Assets $ 165,876 $ 17,523

Revenues $ - $ - $ -

Expenses
General and administrative 160,314 24,918 196,757
Impairment of mineral claim acquisition costs and
mineral claim exploration and carrying cost 1,761 2,622 7,794
Total Costs and Expenses 162,075 27,540 204,551
Income (loss) from operations (162,075) (27,540) (204,551)