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Elray Resources, Inc. (ELRA)

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Last Post: 1/6/2017 4:42:17 PM - Followers: 452 - Board type: Free - Posts Today: 0

       
                    

Elray Gaming was formed in 2011 when a group of Successful Casino marketing specialists identified an opportunity: the market need for professional and qualified consultants. Since then Elray Gaming has incorporated VIP Gaming Promotion and Web Applications to its business portfolio. We are a global company with offices in Macau, USA, London, Sydney, BVI and Curacao.
 


The company is glad to announce the launch of Elray Mobile to develop a host of mobile products and technologies for the mobile gaming sector.


 

ELRA Convertible notes payable
From the September 30, 2016 10-Q

 

Convertible notes payable, at September 30, 2016 and December 31, 2015 consisted of the following:

 

 

 

 

Interest

Rate

 

September 30,

2016

 

 

December 31,

2015

 

 

 

 

 

 

 

 

 

 

JSJ Investments, Inc.

 

10%~12%

 

$ 128,853

 

 

$ 133,293

 

LG Capital Funding, LLC

 

8%

 

 

13,000

 

 

 

28,250

 

WHC Capital, LLC

 

12%

 

 

116,936

 

 

 

116,936

 

Beaufort Capital Partners, LLC

 

12%

 

 

10,966

 

 

 

10,966

 

Tangiers Investment Group, LLC

 

0%~10%

 

 

51,178

 

 

 

69,356

 

GSM Fund Management, LLC

 

12%

 

 

40,937

 

 

 

48,666

 

Auctus Private Equity Fund, LLC

 

8%

 

 

-

 

 

 

40,000

 

Microcap Equity Group, LLC

 

10%

 

 

18,892

 

 

 

18,892

 

Virtual Technology Group, Ltd

 

0%

 

 

481,500

 

 

 

481,500

 

Gold Globe Investments Ltd

 

0%

 

 

2,324,000

 

 

 

2,324,000

 

Vista Capital Investments, LLC.

 

12%

 

 

5,800

 

 

 

5,800

 

Subtotal

 

 

 

 

3,192,062

 

 

 

3,277,659

 

Debt discount

 

 

 

 

(237,396 )

 

 

(803,022 )

Total

 

 

 

$ 2,954,666

 

 

$ 2,474,637

 

 

JSJ Investments, Inc.

 

On May 31, 2013, the Company entered into a convertible promissory note with JSJ for $50,000. The note matured on December 2, 2013. The note holder has the option to convert the note to common shares in the Company at a discount of 50% of the average closing price over the last 120 days prior to conversion, or the average closing price over the last seven days prior to conversion. As of March 31, 2016, the remaining principal of $10,670 has not been converted.

 




 
ELRA SEC Filings

ELRA Press Releases

                                                                                                                                                                                                                                                                                                                   

 


 

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#64517  Sticky Note ELRA SEC Admin Proceeding: Renee 10/03/16 09:58:29 AM
#64920   Hicks and his 8 buddies, as well as integral 01/06/17 04:42:16 PM
#64919   Nice I am not looking to marry this JJ24 01/05/17 08:34:50 PM
#64918   The good news is, it doesnt look like Gman3343 01/05/17 06:14:54 PM
#64917   I was here once when it when ran JJ24 01/05/17 03:14:02 PM
#64916   I wonder if this pos will ever see .005 Gman3343 01/05/17 02:36:16 PM
#64915   Maybe he will want to sell them at JJ24 01/05/17 11:48:16 AM
#64914   Its Goodman selling his shares. Gman3343 01/04/17 09:44:31 PM
#64913   Well I got 10 mil shares here just JJ24 01/04/17 12:45:22 PM
#64912   Nothing to see here. Read the 10q. Notes Read-Dark Pool 01/04/17 12:00:36 PM
#64911   VNDM moved to 2 and 2's look thin! JJ24 01/04/17 11:06:20 AM
#64910   I told you all this POS is going nowhere. Gman3343 12/31/16 10:38:13 AM
#64907   ELRA - Well, it looks like ELRA has Bob22701 12/22/16 10:05:30 AM
#64905   What happened to the big move in this Gman3343 12/14/16 12:28:59 PM
#64904   ELRA puppy popup very high many times in past. MVIR 12/10/16 12:14:25 PM
#64902   The note holder who is the seller lives here: integral 12/09/16 01:47:04 PM
#64901   Nice ask slap here and momo starts! JJ24 12/09/16 10:35:37 AM
#64900   Makes you wonder, they made 3 million but Gman3343 12/08/16 09:43:42 PM
#64899   On April 14, 2016, the Company issued 233,333,334 otclad 12/08/16 12:46:13 PM
#64898   ELRA$$$ more LOADING !! Pstats 12/08/16 12:23:41 PM
#64897   Hope it's wholesale and not retail buying those Read-Dark Pool 12/08/16 10:23:17 AM
#64896   I think we see 2's get smashed here JJ24 12/08/16 10:07:10 AM
#64895   If your able to get out. Might be Read-Dark Pool 12/08/16 09:57:50 AM
#64894   And more importantly! The accompanying unaudited consolidated financial Read-Dark Pool 12/08/16 09:57:05 AM
#64893   Just head up Reverse Split on deck 8k official Read-Dark Pool 12/08/16 09:53:37 AM
#64892   Doubt it! Re: stevensander Post# 64835 Basic loss per common Read-Dark Pool 12/08/16 09:52:01 AM
#64891   ELRA WILL RUN LIKE PKGM .... SOMETHING COMING $$$$$ halbroke1 12/08/16 09:47:37 AM
#64890   ELRA .0002 about to get taken. Don't miss Pstats 12/08/16 09:46:08 AM
#64889   Let's see some volume out the gates today! ELRA$$$$ JJ24 12/08/16 08:48:19 AM
#64888   Good Morning ELRA primecomm 12/08/16 08:00:30 AM
#64887   I'm not aware of any trading groups playing Daytrader765 12/08/16 07:49:27 AM
#64886   ELRA $$$$ THE NEXT PKGM...GAMING INDUSTRY TAKING OFF !!!!! halbroke1 12/08/16 12:21:31 AM
#64885   Yup feeling a big day tomorrow ! ELRA$$$$ JJ24 12/08/16 12:06:47 AM
#64884   Let's cross our fingers my Friend $Pistol Pete$ 12/07/16 11:56:15 PM
#64882   ELRA $$$$ WILL EXPLODE TOMMORROW....SOMETHING COMING, BETTER BE IN.. halbroke1 12/07/16 11:42:53 PM
#64881   $ELRA I think news is around the corner $Pistol Pete$ 12/07/16 09:55:25 PM
#64879   All those shares traded and we back to Gman3343 12/07/16 09:04:55 PM
#64878   That's what I am talkin about! ELRA$$$$ JJ24 12/07/16 08:51:51 PM
#64877   $ELRA big move tomorrow IMO Go $ELRA $Pistol Pete$ 12/07/16 06:47:09 PM
#64876   Did I say there was anything Wrong? JJ24 12/07/16 06:44:30 PM
#64875   $ELRA One Year Chart http://www.stockscores.c $Pistol Pete$ 12/07/16 06:20:24 PM
#64874   What's wrong with doing it honestly. Playing CDs! Read-Dark Pool 12/07/16 06:10:25 PM
#64871   Elray Failed to Disclose the Sale of Unregistered Read-Dark Pool 12/07/16 04:19:59 PM
#64870   8k official filing. How is that false. Black Read-Dark Pool 12/07/16 04:10:22 PM
#64868   Just a couple OTC crooks hiding in Costa Read-Dark Pool 12/07/16 03:58:15 PM
#64867   ITEM 5.03 AMENDEMENTS TO ARTICLES OF INCORPORATION OR Read-Dark Pool 12/07/16 03:57:01 PM
#64866   Where do you see RS?? Because o don't Pstats 12/07/16 03:45:40 PM
#64865   Hicks and Goodman working on another dump. integral 12/07/16 03:44:28 PM
#64864   Why you folks trying to keep this down Pstats 12/07/16 03:40:40 PM
#64863   ELRA$$$$ chase up when this is up at .0006 Pstats 12/07/16 03:39:30 PM
#64862   Did you read the NVSOS Filing? primecomm 12/07/16 03:38:41 PM
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