Replies to post #36428 on Microelectronics Technology Co. (fka MELY)

[nellie3126]

Your post is incorrect. Why would bitcoin prices have to double?

[johnnycomelately9]

No they're getting a loan. Refinancing basically.

11/17/2014 - - Microelectronics Technology Corporation (OTC Pink: MELY) (PINKSHEETS: MELY) The company is pleased to announce it has entered into negotiations with a Licensed Underwriter for the purpose of raising 2 million dollars of long term debt.
The purpose for the debt financing is for additional server acquisition and the restructuring of the dilutive debt the company currently holds on its balance sheet.