Replies to post #48291 on Microelectronics Technology Co. (fka MELY)

[MrDTrade]

So it is going through today?

FINRA needs to their act together.....

[Rags_2_Riches_]

$MELY Divy Response, more to follow....GLTA $$ MELY $$

Sent: 03/12/2015 08:50 AM
Reference Number: xxxxxxx

Customer Service Message:



Thank you for your message regarding your E*TRADE account ending in XXXX.

I have submitted a request to have our Corporate Actions team research the delivery of these dividend shares. Please allow 2-3 business day for us to obtain some updated information. As soon as I have an update, I will follow up with another secure message to you.

We want you to know that we appreciate your business. Should you have additional questions, please feel free to respond to this message or contact our Customer Service team at 1-800-387-2331 (International [phone]). Our representatives are available 24 hours a day, seven days a week.

Sincerely,


Mon-Fri 9:30a - 6:00p EST
1-800-ETRADE1 (1-800-387-2331)
Senior Financial Service Representative
E*TRADE Securities LLC
Sent: 03/11/2015 07:23 PM
Reference Number: xxxxxxx

Customer Message:

Here is the reply from stock mely - For all shareholders concerned about your dividend shares, Please contact your broker to confirm delivery. The companies transfer agent has been delivering shares to the brokerage house stock departments for distribution for the last several weeks.

When will etrade start receiving the dividends from the transfer agents?

$MELY REVERSE SPLIT INFO BELOW: GOOD LUCK TO ALL!!!

Thank you for your message regarding MELY.

MELY is doing a 1 for 1000 reverse stock split. When a company does a reverse stock split, your current shares are cancelled and new shares are issued. We have been working with the transfer agent and are currently awaiting the new shares to be delivered. The shares will be updated to your account promptly once received. If you would like to sell the new shares prior to delivery, please contact us so we can look into an accommodation. For Over the Counter stocks, delivery usually occurs within 4 to 6 weeks. If you have any questions, please respond to this message or call 1-800-387-2331.

Sincerely,


8am to 5pm EST (Monday - Friday)
1-800-ETRADE-1 (1-800-387-2331)
Senior Financial Services Representative
E*TRADE Securities LLC