Replies to post #42730 on Microelectronics Technology Co. (fka MELY)

[360spyder1]

ive got some "insider info" to share as well, so listen up...

based on prior activity from our inept ceo, most likely.... he will keep delaying the server installation, as that has been his M.O. for the past 4 months...... from the October 22nd PR.....

"The Company has changed the schedule for the build out of PHASE TWO by delaying the delivery of the first grouping of five hundred of one thousand servers on order due to the recent softness in BTC - Bitcoin pricing.

During the recent drop in BTC pricing, the company was able to re-negotiate the acquisition pricing for the BTC miners so that the net effect to the company resulted in over a 20% savings in acquisition costs.

This savings is significant due to the size of the overall order of over 1000 BTC Mining servers.

The company expects to receive the first 500 BTC Mining servers on or about November 15, 2014 with the additional 500 servers to arrive by year end.

http://www.marketwatch.com/story/microelectronics-updates-phase-two-build-out-of-1-petahash-btc-mining-facility-2014-10-22-162644816?siteid=bigcharts&dist=bigcharts


and i wouldnt be surprised to see the divy pushed back again....

[Iluvbbs]

Sorry wrong person