Replies to post #56711 on Microelectronics Technology Co. (fka MELY)

[bryanmm]

I'd love to know...been stuck with this pig for 2yrs. Got the divy, then hit with r/s, sold what I could for a loss. Then bought 5m at 0001.

[johnnycomelately9]

I've been waiting on news and updates but no word or hint has been coming from my end. I wouldn't be surprised because overdue and filing was being worked on last I heard at end of 2016; so I wouldn't be shocked to see run towards .01 or stall here; I watched it fall from .10 but O/S was under 100m and as it grew we plummeted. Debt holders got shares and pre r/s shareholders got preferred and we fell to .0001 but were above .0010 for awhile and way over sold. I believe O/S is 1.75-3b. This stock was supposed to be huge bitcoin player but couldn't generate the hash rates they needed operating publicly and were on life support but the stock woke. My opinion: if company/something legitimate is behind recent activities, this can go to penny land. If just a few strong traders making some noise buying up 640m shares, I think we can still see teens or fall if traders get caught feet but there is def room for this to move up. If we go back to .0001 we go back to .0001 but if we close higher Monday we're probably never going back imo