The short position is over 23%, NASDAQ. The 100d moving average is aprox. $3.75,NASDAQ. MELA is placing machines weekly, MELA locator. Future financing is in place,6/13 Cowans. Mela is a startup that is entering the revenue generation phase. IMO MELA will consolidate for a week or so and then begin to reach its 200d ave. $4.30 and the $5 ps that will enable institutions to start accumulating share. Add in the inevidable short squezze and we are on our way. Opinions on when we reach the $8-10 range.