Replies to post #42827 on Microelectronics Technology Co. (fka MELY)

[Eddessa Invests]

Server Acquisition:

The company through Mr. Garavaglia, has ordered its first shipment of Spondoolies-Tech

SP 20s. Each SP-20 produces 1.7 TH/s the company's initial order of 270 units providing 460 TH/s will ship mid-December. The company is preparing the Washington facility for installation upon receipt of the servers.


IMO They were expecting financing to be in place by DEC but there was obviously a delay. Delay in financing = delay in equipment shipments. Now that the finding is potentially finalized, the product seems like it is on the verge of delivery in the next 7-8 business day.

MAKES SENSE!

[RussTheBus]

Maybe it's like when you text your significant other "on my way" but you're still on the couch