Replies to post #40947 on Microelectronics Technology Co. (fka MELY)

[stcks4prft]

Great work! Thanks!

[shrewdop]

Great DD there profit. After perusing a fair number of promissory notes, some have specified language of calendar days and/or business days. For non-specified language it appears that the understanding is to read as generic species of "day/s", the exception being that if the note matures on a non-business day the next business day is when the note becomes due

The EDGAR was from the 10K filed in October and the 10-Q/A was filed a month later which led to another oversight on my part. I honestly missed that detail. Nonetheless it bestows on me the dubious award for the end of this day...



I think I'd rather be in iHub Jail, however under the normal terms and conditions the award expires at the beginning of the next business day hahahaha

MELY

[JohnDee123]

Nice. The company is so tiny, even 7.5bil float * 0.0001 = 750k would make it overpriced, considering its financial performance.