MONARCH BAY, CA — (Marketwire) — 08/25/11 — Microelectronics Technology Co. (PINKSHEETS: MELY) (hereafter "The Company") previously announced on August 3, 2011 that it has entered into a letter of Intent for the purchase of all of the existing outstanding shares of Cloud Data Corporation.The closing of the acquisition was subject to the completion of certain due diligence being completed on or before August 26, 2011.The company is pleased to announce that the diligence process has
MONARCH BAY, CA — (Marketwire) — 08/03/11 — Microelectronics Technology Co. (PINKSHEETS: MELY) (hereafter "The Company" ) is pleased to announce that it has entered into a letter of Intent for the purchase of all of the existing outstanding shares of Cloud Data Corporation.The terms and condition of the share exchange have been finalized and the closing is subject to certain due diligence to be completed over the following weeks. It is anticipated that the transaction will close a