I do stand corrected. I found a good article which describes what your saying as well:
Ammonia and the Reef Aquarium by Randy Holmes-Farley - Reefkeeping.com
Still with that said, I still don't think molly's or any fish are a good method for cycling the tank. For one thing you would have to be sure that you provide enough macro to consume all ammonia, and in this case you would only be slowing down the production of the nitrifying bacteria. You would be slowing this down as the ammonia would be consumed from other sources.
Also buying an unwanted fish to possibly stress out only as an ammonia source seems like a round about way to get ammonia....why not just dose it directly?