MICROELECTRONICS TECHNOLOGY COMPANY



FORM 10-Q
(Quarterly Report)


Filed  05/12/10 for the Period Ending 03/31/10





Address		1702 ChinaChem Tower,
		34 - 37 Connaught Road,
		Central, Hong Kong, China.

Telephone	(888) 777-8777

CIK		0001329136

Symbol		MELY

SIC Code	1000 - Metal Mining

Industry	Gold & Silver

Sector		Basic Materials

Fiscal Year	06/30









UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-Q

(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 for the quarterly period
ended March 31, 2010.

OR

( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 for the transition
period from __________ to ___________

Commission File Number : 333-130767

MICROELECTRONICS TECHNOLOGY COMPANY
(formerly CHINA YOUTV CORP.)
(Exact name of registrant as specified in its charter)

	Nevada					   N/A
(State or other jurisdiction			(IRS Employer
of incorporation or organization)	     Identification No.)

1702 ChinaChem Tower, 34-37 Connaught Road, Central,
Hong Kong, China
(Address of principal executive offices,
including zip code)

888-777-8777
(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
Yes ( X )  No (  )

Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if
any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T ( 232.405
of this chapter ) during the preceding 12 months (or for
such shorter period that the registrant was required
to submit and post such files).  Yes (   )   No (   )

Indicate by check if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained
herein, and will not be contained, to the best of
registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. ( X )

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a not-accelerated
filer, or a smaller reporting company. See the definitions
of "large accelerated filer," "accelerated filer" and
"smaller reporting company" in Rule 12b-2 of the Exchange
Act.

Large accelerated filer  (  ) 	Accelerated filer (  )

Non-accelerated filer (  )	Smaller reporting company (X)

Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Act).
Yes (  )   No ( X )


At May 5, 2010, the Company had outstanding of
54,133,345 shares of Common Stock, $0.00001 par value per
share.









MICROELECTRONICS TECHNOLOGY COMPANY
FORM 10-Q
For the Period Ended March 31, 2010
TABLE OF CONTENTS


PART I	FINANCIAL INFORMATION 						Pages

Item 1.	Financial Statements  ..........				1 - 11

Item 2.	Management's Discussion and Analysis of Financial
        Condition and Results of Operations..........			12 - 14

Item 3.	Quantitative and Qualitative Disclosures about Market Risk.... 	14

Item 4T.Controls and Procedures...........				14

PART II

Item 1.	Legal Proceedings................			 	14

Item 1A.Risk Factors............					15

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds..	15

Item 3.	Defaults Upon Senior Securities.........			15

Item 4.	Submission of Matters to a Vote of Security Holders...		16

Item 5.	Other Information.........					16

Item 6.	Exhibits and Certifications......				16









Part 1. Item 1. Financial Statements

MICROELECTRONICS TECHNOLOGY COMPANY


								Page No.

Balance Sheets as at March 31, 2010 and June 30, 2009		1

Statements of Operations
for the three months ended March 31, 2010 and 2009
and for the nine months ended March 31, 2010 and 2009
and for the period May 18, 2005 (Inception) to
March 31, 2010							2

Statements of Cash Flows
for the nine months ended March 31, 2010 and 2009
and for the period May 18, 2005 (Inception) to
March 31, 2010							3

Notes to Financial Statements					4 - 11












MICROELECTRONICS TECHNOLOGY COMPANY

(Formerly: China YouTV Corp.)

(A Development Stage Company)

FINANCIAL STATEMENTS

March 31, 2010

(Expressed in US Dollars)











Microelectronics Technology Company
(formerly China YouTV Corp.)
(A Development Stage Company)
Balance Sheets
(Expressed in US Dollars )
(Unaudited)

						March 31,	June 30,
						  2010		  2009

  Current Assets
   Cash					    $       480    $       299
						______________________
Total current assets                                480            299

Mineral claims acquisition costs                124,912        124,912
						______________________
Total assets				        125,392        125,211
						______________________

Liabilities and stockholders' deficit

  Current Liabilities
   Accounts payable			    $    45,312    $    55,414
   Accrued liabilities                            2,500         11,000
   Due to related party                           8,032             -
   Due to former related party                  190,084        190,084
						______________________
Total current liabilities and
total liabilities                               245,928        256,498
						______________________

Stockholders' deficit
  Preferred stock, $0.00001 par value:
   Authorized 200,000,000 shares
   Issued and outstanding, 110,000
   (none-June 30, 2009)                     $         1    $        -
  Common stock, $0.00001 par value:
   Authorized 200,000,000 shares
   Issued and outstanding, 57,333,345 and
    100,060 shares, respectively                    573              1
   Additional paid-in capital                 1,067,048        945,389
   Subscription notes receivable                (70,400)            -
   Accumulated deficit                       (1,117,758)    (1,076,677)
				              ________________________
Total stockholders' deficit                    (120,536)      (131,287)
					      ________________________
Total liabilities and stockholders' deficit $   125,392    $   125,211
					      ________________________



The accompanying notes are an integral part of these financial statements




			1




Microelectronics Technology Company
(formerly China YouTV Corp.)
(A Development Stage Company)
Statements of Operations
(Expressed in US Dollars )
(Unaudited)

								  Accumulated
								   during the
								  development
		            For the 3 months   For the 9 months  stage (May 18,
		             ended Mar 31,       ended Mar 31,      2005 to
 			    2010       2009     2010       2009   Mar 31, 2010

Revenue                $      -  $       -  $       -  $       -  $         -

Expenses
  General and
  administrative          16,106     49,488     41,081    220,395    1,110,286
  Impairment of mineral
  property costs              -          -          -          -         7,794
			______________________________________________________
Total operating
expenses               $  16,106 $   49,488 $   41,081 $  220,395 $  1,118,080
			______________________________________________________

Operating loss           (16,106)   (49,488)   (41,081)  (220,395)  (1,118,080)

Other income
 Interest income              -          -          -          -           322
			______________________________________________________
Net loss               $ (16,106)$  (49,488)$  (41,081)$ (220,395)$ (1,117,758)
			______________________________________________________

Net loss per
common share
- Basic and diluted    $   (0.00)$    (1.65)$    (0.00)$    (7.33)

Weighted average
number                29,409,375     30,060  11,845,361    30,060
of common shares
outstanding




The accompanying notes are an integral part of these financial statements



			2




Microelectronics Technology Company
(formerly China YouTV Corp.)
(A Development Stage Company)
Statements Of Cash Flows
(Expressed in US Dollars )

								Cumulative
								during the
								development
			               For nine months        stage (May 18,
			                ended Mar 31,            2005 to
 				      2010         2009        Mar 31, 2010)

Cash Flows (Used In) Provided By :
Operating Activities
 Net Loss			 $  (41,081) $  (220,395)  $     (1,117,758)
 Adjustments to reconcile net
 loss to net cash used
 in operating activities:
 Impairment of mineral
 property costs                          -            -               6,033
 Stock-based compensation                -       188,750            796,880
Changes in operating assets
and liabilities:
 Prepaid expenses                        -         1,847                 -
 Due to related party                 8,032           -               8,032
 Accounts payable and
 accrued liabilities                 (8,470)      (6,493)            47,032
				   ________________________________________
Net cash used in operating
activities                          (41,519)     (36,291)          (259,781)
				   ________________________________________

Investing Activities
 Mineral claim acquisition
 costs incurred                          -            -              (6,033)
				   ________________________________________
Net cash used in investing
activities                               -            -              (6,033)
				   ________________________________________

Financing Activities
 Loans from related party                -        20,000            190,084
 Proceeds from sales of
 preferred stock		      1,110	      -               1,110
 Proceeds from sales of
 common stock                       111,000           -             145,510
 Subscription notes receivable      (70,400)          -             (70,400)
				   ________________________________________
Net cash provided by financing
activities                           41,700       20,000            266,294
				   ________________________________________

Increase/(Decrease) in Cash             181      (16,291)               480

Cash, beginning                         299       24,484                 -
				   ________________________________________
Cash, ending                     $      480  $     8,193  $             480
				   ________________________________________


Supplemental disclosure of cash flow information:
  Interest paid                  $       -   $        -   $              -
  Income tax paid                $       -   $        -   $              -


Noncash investing and financing activities:
  Acquisition of mineral claims
  in exchange for 55,000 shares
  of common stock and assumption
  of $10,912 account payable     $       -   $        -   $         124,912



The accompanying notes are an integral part of these financial statements.




			3



Microelectronics Technology Company
(formerly China YouTV Corp.)
Notes to Financial Statements
March 31, 2010
(Expressed in US Dollars)

Note 1 - Organization and Business Operations

Microelectronics Technology Company (the "Company") was
incorporated in the State of Nevada on May 18, 2005 under
the name Admax Resources Inc., which name was changed on
February 9, 2007 to China YouTV Corp. and then to
Microelectronics Technology Company on August 31, 2009.
From May 18, 2005 to March 15, 2007, the Company's business
operations were limited to the acquisition of a mineral
claim in British Columbia, Canada and the performance of a
limited amount of exploration work.

On March 16, 2007, the Company entered into a Joint Venture
Agreement with Beijing Hua Ju Net Media Technology Co. Ltd.
("Hua Ju") for a term of 20 years to be organized in
Beijing, People's Republic of China ("China"). The purpose
of the Joint Venture was to conduct a video sharing website
and other related internet interactive media businesses in
China. On May 1, 2009, the Joint Venture Agreement was
terminated.

On April 1, 2009, the Company acquired certain assets of
First Light Resources, Inc. ("First Light"), primarily of
mineral claims located in Ontario Canada, pursuant to an
Asset Purchase and Sale Agreement. The purchase price for
the assets was $114,000, payable in cash and/or Company
common stock.  No cash was paid to First Light and a total
of 55,000 shares of Company common stock were issued to
three designated parties of First Light, increasing the
issued and outstanding shares of Company common stock from
30,060 shares to 85,060 shares. The Company also assumed a
$10,912 account payable of First Light in connection with
this transaction.

On October 5, 2009, the Company executed a Shares Purchase
Agreement with 722868 Ontario Ltd. ("Seller"), an Ontario
corporation. The agreement provides for the acquisition
from Seller of 51% of the capital stock of Microart
Services Inc. ("Microart"), an Ontario corporation engaged



			4



in the electronic manufacturing and design services
business, in exchange for $500,000 cash and 1,250,000 post
reverse stock split (see succeeding paragraph) shares of
the Company's common stock. The closing, which is subject
to satisfaction of certain conditions precedent to closing,
is to take place on October 15, 2009, or at such other time
as the parties may mutually agree. As at February 23, 2010,
the transaction has not closed.

The Company is in the development stage and has not
generated any revenues and has incurred losses of
$1,117,758 since inception. At March 31, 2010, the Company
had $480 cash and $245,928 in current liabilities. Further,
the Company incurred a loss of $41,081 during the nine
months ended March 31, 2010. In view of these conditions,
the ability of the Company to continue as a going concern
is in substantial doubt and dependent upon achieving a
profitable level of operations and on the ability of the
Company to obtain necessary financing to fund ongoing
operations. To meet these objectives, the Company continues
to seek other sources of financing in order to support
existing operations and expand the range and scope of its
business. However, there are no assurances that any such
financing can be obtained on acceptable terms, if at all.
These financial statements do not give effect to any
adjustments which would be necessary should the Company be
unable to continue as a going concern.

Note 2 - Summary of Significant Accounting Policies

a)	Basis of Presentation

These financial statements and related notes are
presented in accordance with accounting principles
generally accepted in the United States, and are
expressed in US dollars. The Company's fiscal year end is
June 30.

b) Interim Financial Statement

These interim unaudited financial statements have been
prepared on the same basis as the annual financial
statements and in the opinion of management, reflect all
adjustments, which include only normal recurring
adjustments, necessary to present fairly the Company's
financial position, results of operations and cash flows





			5





for the periods shown. The results of operations for such
periods are not necessarily indicative of the results
expected for a full year or for any future period.

c)	Use of Estimates

The preparation of these financial statements in
conformity with US generally accepted accounting
principles requires management to make estimates and
assumptions that affect the reported amounts of assets
and liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those
estimates. The Company regularly evaluates estimates and
assumptions related to stock-based compensation and
deferred income tax valuations. The Company bases its
estimates and assumptions on current facts, historical
experience and various other factors that it believes to
be reasonable under the circumstances, the results of
which form the basis for making judgments about the
carrying values of assets and liabilities and the accrual
of costs and expenses that are not readily apparent from
other sources. The actual results experienced by the
Company may differ materially and adversely from the
Company's estimates. To the extent there are material
differences between the estimates and the actual results,
future results of operations will be affected.

d)	Basic and Diluted Net Income (Loss) Per Share

The Company computes net income (loss) per share in
accordance with SFAS No. 128, "Earnings per Share". SFAS
No. 128 requires presentation of both basic and diluted
earnings per share (EPS) on the face of the income
statement. Basic EPS is computed by dividing net income
(loss) available to common shareholders (numerator) by
the weighted average number of shares outstanding
(denominator) during the period. Diluted EPS gives effect
to all dilutive potential common shares outstanding
during the period using the treasury stock method and
convertible securities using the if-converted method. In
computing diluted EPS, the average stock price for the
period is used in determining the number of shares
assumed to be purchased from the exercise of stock
options or warrants. Diluted EPS excludes all dilutive
potential shares if their effect is anti dilutive.




			6



e)	Comprehensive Loss

SFAS No. 130, "Reporting Comprehensive Income,"
establishes standards for the reporting and display of
comprehensive loss and its components in the financial
statements. For the years ended June 30, 2009 and 2008,
the Company has no items that represent a comprehensive
loss and, therefore, has not included a schedule of
comprehensive loss in the financial statements.

f)	Cash and Cash Equivalents

The Company considers all highly liquid instruments with
maturity of three months or less at the time of issuance
to be cash equivalents.

g)	Financial Instruments

SFAS No. 157, "Fair Value Measurements", requires an
entity to maximize the use of observable inputs and
minimize the use of unobservable inputs when measuring
fair value. SFAS No. 157 establishes a fair value
hierarchy based on the level of independent, objective
evidence surrounding the inputs used to measure fair
value. A financial instrument's categorization within the
fair value hierarchy is based upon the lowest level of
input that is significant to the fair value measurement.
SFAS No. 157 prioritizes the inputs into three levels
that may be used to measure fair value:

Level 1

Level 1 applies to assets or liabilities for which there
are quoted prices in active markets for identical assets
or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there
are inputs other than quoted prices that are observable
for the asset or liability such as quoted prices for
similar assets or liabilities in active markets; quoted
prices for identical assets or liabilities in markets
with insufficient volume or infrequent transactions (less
active markets); or model-derived valuations in which
significant inputs are observable or can be derived
principally from, or corroborated by, observable market
data.




			7



Level 3

Level 3 applies to assets or liabilities for which there
are unobservable inputs to the valuation methodology that
are significant to the measurement of the fair value of
the assets or liabilities.
The Company's financial instruments consist principally
of cash, accounts payable and accrued liabilities, and
due to a former related party. Pursuant to SFAS No. 157,
the fair value of our cash equivalents is determined
based on "Level 1" inputs, which consist of quoted prices
in active markets for identical assets. The Company
believes that the recorded values of all of the other
financial instruments approximate their current fair
values because of their nature and respective maturity
dates or durations.

h)	Mineral Property Costs

Mineral property exploration costs are expensed as
incurred. Mineral property acquisition costs are
initially capitalized when incurred using the guidance in
EITF 04-02, "Whether Mineral Rights Are Tangible or
Intangible Assets". The Company assesses the carrying
costs for impairment under SFAS 144, "Accounting for
Impairment or Disposal of Long Lived Assets" at each
fiscal quarter end. When it has been determined that a
mineral property can be economically developed as a
result of establishing proven and probable reserves, the
costs then incurred to develop such property, are
capitalized. Such costs will be amortized using the
units-of -production method over the estimated life of
the probable reserve. If mineral properties are
subsequently abandoned or impaired, any capitalized costs
will be charged to operations.

i)	Income Taxes

Potential benefits of income tax losses are not
recognized in the accounts until realization is more
likely than not. The Company has adopted SFAS No. 109
"Accounting for Income Taxes" as of its inception.
Pursuant to SFAS No. 109 the Company is required to
compute tax asset benefits for net operating losses
carried forward. The potential benefit of net operating
losses have not been recognized in these financial
statements because the Company cannot be assured it is
more likely than not it will utilize the net operating




			8





losses carried forward in future years.

j)	Foreign Currency Translation

The Company's functional and reporting currency is the
United States dollar. Monetary assets and liabilities
denominated in foreign currencies are translated in
accordance with SFAS No. 52 "Foreign Currency
Translation", using the exchange rate prevailing at the
balance sheet date. Gains and losses arising on
settlement of foreign currency denominated transactions
or balances are included in the determination of income.
Foreign currency transactions are primarily undertaken in
Canadian dollars. The Company has not, to the date of
these financials statements, entered into derivative
instruments to offset the impact of foreign currency
fluctuations.

k)	Reclassifications

Certain reclassifications have been made to the prior
year's financial statements to conform to the current
year period's presentation.

l)	Recently Issued Accounting Pronouncements

In May 2009, FASB issued ASC 855, Subsequent Events,
which establishes general standards of for the
evaluation, recognition and disclosure of events and
transactions that occur after the balance sheet date.
Although there is new terminology, the standard is based
on the same principles as those that currently exist in
the auditing standards. The standard, which includes a
new required disclosure that an entity has evaluated
subsequent events through the date the financial
statements have been issued, is effective for interim or
annual periods ending after June 15, 2009. The adoption
of ASC 855 did not have a material effect on the
Company's financial statements. Refer to Note 4.
In June 2009, the FASB issued guidance now codified as
ASC 105, Generally Accepted Accounting Principles as the
single source of authoritative accounting principles
recognized by the FASB to be applied by nongovernmental
entities in the preparation of financial statements in
conformity with U.S. GAAP, aside from those issued by the
SEC. ASC 105 does not change current U.S. GAAP, but is
intended to simplify user access to all authoritative
U.S. GAAP by providing all authoritative literature




			9



related to a particular topic in one place. The adoption
of ASC 105 did not have a material impact on the
Company's financial statements, but did eliminate all
references to pre-codification standards.
The Company has implemented all new accounting
pronouncements that are in effect and that may impact its
financial statements and does not believe that there are
any other new accounting pronouncements that have been
issued that might have a material impact on its financial
position or results of operations.

In June 2009, the FASB issued SFAS No. 168 (ASC Topic
105), "The FASB Accounting Standards Codification and the
Hierarchy of Generally Accepted Accounting Principles - a
replacement of FASB Statement No. 162" ("SFAS No. 168").
Under SFAS No. 168 the "FASB Accounting Standards
Codification" ("Codification") will become the source of
authoritative US GAAP to be applied by nongovernmental
entities.  Rules and interpretive releases of the
Securities and Exchange Commission ("SEC") under
authority of federal securities laws are also sources of
authoritative GAAP for SEC registrants. SFAS No. 168 is
effective for financial statements issued for interim and
annual periods ending after September 15, 2009.  On the
effective date, the Codification will supersede all then-
existing non-SEC accounting and reporting standards. All
other non-grandfathered non-SEC accounting literature not
included in the Codification will become non-
authoritative. SFAS No. 168 is effective for the
Company's interim quarterly period beginning July 1,
2009. The Company does not expect the adoption of SFAS
No. 168 to have an impact on the financial statements.

Note 3 - Mineral Claims

As discussed in Note 1, the Company acquired mineral claims
located in Ontario Canada for total consideration of
$124,912, which represents First Light's represented amount
of exploration costs on the properties. Title to the
mineral claims is being held in trust, on behalf of the
Company, by Dog Lake Exploration Inc.




			10



Note 4 - Due to Related Party and Former Related Party

As at March 31, 2010, $8,032 was due to related party and
$190,084 was due to former related party who is the
Company's former President and Director who resigned in
June 2007. These amounts are non-interest bearing,
unsecured and have no specific terms of repayment.

Note 5 - Common Stock

Effective October 6, 2009, the Company effectuated a 1 for
1,000 reverse stock splits, thereby reducing the issued and
outstanding shares of Common Stock from 100,060,000 prior
to the reverse split to 100,060 following the reverse
split. An additional 855 shares were issued due to no
fractional shares issued as a result of the reverse stock
split. In lieu of issuing fractional shares, the Company
issued a full common share to any stockholderwho otherwise
would have been entitled to receive a fractional share as a
result of the reverse stock split. The total number of
common shares outstanding subsequent to the reverse stock
split described above was 10,915. The financial statements
have been retroactively adjusted to reflect this reverse
stock split.

On October 15, 2009, the Company issued 3,500,000
restricted common shares at $0.01 per share. This included
1,250,000 shares to an Ontario Corporation described above.

On October 15, 2009, the Company authorized issuance of
110,000 Class A preferred shares at $0.01 per share.

On October 20, 2009, the Company authorized issuance of
3,600,000 common shares at $0.01 per share.

On February 15, 2010, the Company authorized issuance of
40,000,000 restricted common shares at $0.001 per share.

On March 8, 2010, the Company authorized issuance of
10,132,430 common shares at $0.001 per share for settlement
of debt with a fair value of $10,132.

On April 5, 2010, 3,200,000 shares issued under Regulation
"S" (X) on October 20, 2009 were retired to treasury.

The Company has not issued any stock options or other
convertible securities.

Note 6- Subsequent Events

The Company has evaluated subsequent events through April
21, 2010 and has determined that there were no additional
subsequent events to recognize or disclose in these
financial statements.



			11



PART I

   This Interim Report on Form 10-Q contains forward-
looking statements that have been made pursuant to the
provisions of Section 27A of the Securities Act of 1933,
Section 21E of the Securities Exchange Act of 1934, and
the Private Securities Litigation Reform Act of 1995 and
concern matters that involve risks and uncertainties that
could cause actual results to differ materially from
historical results or from those projected in the
forward-looking statements. Discussions containing
forward-looking statements may be found in the material
set forth under "Business," "Management's Discussion and
Analysis of Financial Condition and Results of
Operations" and in other sections of this Form 10-Q.
Words such as "may," "will," "should," "could," "expect,"
"plan," "anticipate," "believe," "estimate," "predict,"
"potential," "continue" or similar words are intended to
identify forward-looking statements, although not all
forward-looking statements contain these words. Although
we believe that our opinions and expectations reflected
in the forward-looking statements are reasonable as of
the date of this Report, we cannot guarantee future
results, levels of activity, performance or achievements,
and our actual results may differ substantially from the
views and expectations set forth in this Interim Report
on Form 10-Q. We expressly disclaim any intent or
obligation to update any forward-looking statements after
the date hereof to conform such statements to actual
results or to changes in our opinions or expectations.
   Readers should carefully review and consider the
various disclosures made by us in this Report, set forth
in detail in Part I, under the heading "Risk Factors," as
well as those additional risks described in other
documents we file from time to time with the Securities
and Exchange Commission, which attempt to advise
interested parties of the risks, uncertainties, and other
factors that affect our business. We undertake no
obligation to publicly release the results of any
revisions to any forward-looking statements to reflect
anticipated or unanticipated events or circumstances
occurring after the date of such statements.



			12




ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS

This section of this report includes a number of forward-
looking statements that reflect our current views with
respect to future events and financial performance.
Forward-looking statements are often identified by words
like: believe, expect, estimate, anticipate, intend,
project and similar expressions, or words which, by their
nature, refer to future events. You should not place undue
certainty on these forward-looking statements, which apply
only as of the date of this report. These forward-looking
states are subject to certain risks and uncertainties that
could cause actual results to differ materially from
historical results or our predictions.

Overview of the Company's Business

We are a start-up, development stage company and have not
yet generated or realized any substantial revenues from our
business activities. We were incorporated in the State of
Nevada on May 18, 2005. Initially, we acquired the right to
conduct exploration activities on one property, but we did
not own the property. The property consists of one mineral
claim containing 622 acres located in Similkameen region of
British Columbia, Canada. We had intended to explore for
gold on the property. We have not found any commercially
viable mineral deposit, or a reserve, yet. We do not plan
to have further exploration on this property.

On March 16, 2007, the Company entered into a Joint Venture
Agreement with Beijing Hua Ju Net Media Technology Co. Ltd.
("Hua Ju") for a term of 20 years to be organized in
Beijing, People's Republic of China ("China"). The purpose
of the Joint Venture was to conduct a video sharing website
and other related internet interactive media businesses in
China. On May 1, 2009, the Joint Venture Agreement was
terminated.

On April 1, 2009, the Company acquired certain assets of
First Light Resources, Inc. ("First Light"), primarily 6
mineral claims located in Ontario Canada, pursuant to an
Asset Purchase and Sale Agreement. The purchase price for
the assets was $114,000, payable in cash and/or Company
common stock.  No cash was paid to First Light and a total




			13




of 55,000 shares of Company common stock were issued to
three designated parties of First Light, increasing the
issued and outstanding shares of Company common stock from
30,060 shares to 85,060 shares. The Company also assumed a
$10,912 account payable of First Light in connection with
this transaction.

On October 5, 2009, the Company executed a Shares Purchase
Agreement with 722868 Ontario Ltd. ("Seller"), an Ontario
corporation. The agreement provides for the acquisition
from Seller of 51% of the capital stock of Microart
Services Inc. ("Microart"), an Ontario corporation engaged
in the electronic manufacturing and design services
business, in exchange for $500,000 cash and 1,250,000 post
reverse stock split (see succeeding paragraph) shares of
the Company's common stock. The closing, which is subject
to satisfaction of certain conditions precedent to closing,
is to take place on October 15, 2009, or at such other time
as the parties may mutually agree. As at April 21, 2010,
the transaction has not closed.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT
MARKET RISK

None

ITEM 4. CONTROLS AND PROCEDURES

Our Chief Executive Officer and Chief Financial Officer,
after evaluating the effectiveness of our disclosure
controls and procedures (as defined in Rule 13a-15(e) and
15d-15(e) under the Exchange Act) as of the end of the
period covered by this report, have concluded that, based
on the evaluation of these controls and procedures, that
our disclosure controls and procedures were not effective.

There were no changes in our internal controls or in other
factors during the period covered by this report that have
materially affected, or are likely to materially affect the
Company's internal controls over financial reporting.

PART II OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None



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ITEM 1A. RISK FACTORS

There were no material changes to the Risk Factors
disclosed in the Form 10-K/A filed February 23, 2010.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
PROCEEDS

On April 10, 2009, the Company issued 55,000 restricted
shares of common stock as payment to First Light Resources
Inc. as per the Asset Purchase and Sale Agreement on April
1, 2009.

On June 4, 2009, the Company issued 15,000 free trading
shares of common stock to four consultants as per the
Company's 2009 Non-Qualified Stock Compensation Plan which
was approved on April 8, 2009.

Effective October 6, 2009, the Company effectuated a 1 for
1,000 reverse stock splits, thereby reducing the issued and
outstanding shares of Common Stock from 100,060,000 prior
to the reverse split to 100,915 following the reverse
split. This Form 10-K has been retroactively adjusted to
reflect this reverse stock split.

In addition, effective October 6, 2009, the Company's
quotation symbol on the Over-the-Counter Bulletin Board and
Pink Sheets were changed from CYTV to MELY.

On October 15, 2009, the Company issued 3,500,000
restricted common shares at $0.01 per share. This included
1,250,000 shares to an Ontario Corporation described above.

On October 15, 2009, the Company authorized issuance of
110,000 Class A preferred shares at $0.01 per share.

On October 20, 2009, the Company authorized issuance of
3,600,000 common shares at $0.01 per share.

On February 15, 2010, the Company authorized issuance of
40,000,000 restricted common shares at $0.001 per share.

On March 8, 2010, the Company authorized issuance of
10,132,430 common shares at $0.001 per share for settlement
of debt.



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On April 5, 2010, 3,200,000 shares issued under Regulation
"S" (X) on October 20, 2009 were retired to treasury.

The Company has not issued any stock options or other
convertible securities.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None

ITEM 5. OTHER INFORMATION

None
















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Item 6.  Exhibits

31.1  Certification of the Chief Executive Officer pursuant
to Section 302 of the Sarbanes-Oxley Act of 2002, filed
herewith.

31.2  Certification of the Chief Financial Officer pursuant
to Section 302 of the Sarbanes-Oxley Act of 2002, filed
herewith.

32.1 Certification of the Chief Executive Officer pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002, filed
herewith.

32.1 Certification of the Chief Financial Officer pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002, filed
herewith.

SIGNATURES

In accordance with the Securities Exchange Act of 1934,
this report has been signed below by the following persons
on behalf of the registrant and in the capacities and on
the dates indicated.

Dated:  May 12, 2010

Microelectronics Technology Company

By: /S/ Brian Stewart
             Brian Stewart
       Chief Executive Officer
         & Director

By: /S/ Michael Lee
             Michael lee
       Chief Financial Officer



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