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Elray Resources, Inc. (ELRA)

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Last Post: 9/25/2016 12:43:47 AM - Followers: 462 - 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 March 31, 2016 10-Q

 

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

 

 

 

Interest
Rate

 

 

March 31,
2016

 

 

December 31,
2015

 

 

 

 

 

 

 

 

 

 

 

JSJ Investments, Inc.

 

10%~12

%

 

 

133,293

 

 

 

133,293

 

LG Capital Funding, LLC

 

 

8 %

 

 

25,000

 

 

 

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

%

 

 

65,675

 

 

 

69,356

 

GSM Fund Management, LLC

 

 

12 %

 

 

48,349

 

 

 

48,666

 

Auctus Private Equity Fund, LLC

 

 

8 %

 

 

40,000

 

 

 

40,000

 

Microcap Equity Group, LLC

 

 

10 %

 

 

18,892

 

 

 

18,892

 

Virtual Technology Group, Ltd

 

 

0 %

 

 

481,500

 

 

 

481,500

 

Gold Globe Investment Ltd

 

 

0 %

 

 

2,324,000

 

 

 

2,324,000

 

Vista Capital Investments, LLC

 

 

12 %

 

 

5,800

 

 

 

5,800

 

Subtotal

 

 

 

 

 

 

3,270,411

 

 

 

3,277,659

 

Debt discount

 

 

 

 

 

 

(615,169 )

 

 

(803,022 )

Total

 

 

 

 

 

$ 2,655,242

 

 

$ 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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#64427  Sticky Note ELRA - 3 year price chart! Bob22701 06/24/16 07:39:30 AM
#5834   Can elra operate an online casino? Like full etcetera 05/11/12 07:42:31 PM
#5833   next few months should be fun, lets mattysimone 05/11/12 07:32:25 PM
#5832   Nice fine, thats what I am talking about. Go ELRA Moneyfornothing1 05/11/12 07:24:13 PM
#5831   TY MS you are so right on with stocktrotter 05/11/12 07:23:59 PM
#5830   There has to be a GREAT reason and mattysimone 05/11/12 07:11:55 PM
#5829   that last sentence just sold me :) OCMillionaire 05/11/12 07:07:07 PM
#5828   and my point is all that chatter was mattysimone 05/11/12 06:41:11 PM
#5827   right however my point was i went on OCMillionaire 05/11/12 06:34:23 PM
#5826   yeah I think the sentence about poker was mattysimone 05/11/12 06:30:52 PM
#5825   NEW YORK--Prospect for Congress to legalize online poker OCMillionaire 05/11/12 06:27:34 PM
#5824   what paragraph, on the link you posted mattysimone 05/11/12 06:24:06 PM
#5823   The very top part was from nov...like one OCMillionaire 05/11/12 06:20:35 PM
#5822   I can't believe it!!!!! That is amazing, so Chaebol 05/11/12 06:03:09 PM
#5821   is this old or new because i posted mattysimone 05/11/12 05:49:53 PM
#5820   Based on the value estimates of other publicly OCMillionaire 05/11/12 05:44:43 PM
#5819   POST EVERYWHERE!!!!AHHHHHHHGGG GUYS NEWWS!!! on the front cover!!! OCMillionaire 05/11/12 05:42:01 PM
#5818   GUYS NEWWS!!! on the front cover!!! check it out OCMillionaire 05/11/12 05:40:48 PM
#5817   Monday will be huge OCMillionaire 05/11/12 05:36:08 PM
#5816   Ill take this close on a Friday! runningwithscissors 05/11/12 05:36:00 PM
#5815   Excellent week here Siforus 05/11/12 05:31:02 PM
#5814   I'm with Scottrade..may need to swap one of azguitarist 05/11/12 04:40:32 PM
#5813   What firm are you using? eTrade gives me RowingDude 05/11/12 04:15:43 PM
#5812   Can anyone show the L2 as we approach azguitarist 05/11/12 03:51:13 PM
#5811   yup lol OCMillionaire 05/11/12 03:49:49 PM
#5810   I wish I had my funds cleared today! azguitarist 05/11/12 03:48:47 PM
#5809   NOPE!!! only 37k left @.009 then .0099 is OCMillionaire 05/11/12 03:40:06 PM
#5808   CAN WE CLOSE IN THE 01S reko01 05/11/12 03:39:13 PM
#5807   run baby run.. elra you can't go wrong.. RowingDude 05/11/12 03:37:35 PM
#5806   8's TAKEN OUT!!!! 9's up!!!! OCMillionaire 05/11/12 02:46:21 PM
#5805   I got nothing but time on my hands, Chaebol 05/11/12 02:43:47 PM
#5804   breakout looks to be close..I can taste it! azguitarist 05/11/12 02:38:48 PM
#5803   only 9250@.89 then .099 37k then .011 :)!!!!! OCMillionaire 05/11/12 02:31:20 PM
#5802   lol I've had to stay here on the Chaebol 05/11/12 02:27:15 PM
#5801   RIGHT?! LOL Cant wait till 11:30 OCMillionaire 05/11/12 02:15:33 PM
#5800   actually, i got some of it!!! :) :P OCMillionaire 05/11/12 02:14:40 PM
#5799   Question - if more casinos move to Macau RowingDude 05/11/12 12:31:14 PM
#5798   Thin to .011! Lotta eyes on this once etcetera 05/11/12 12:10:05 PM
#5797   waiting for funds to clear to pick up azguitarist 05/11/12 12:06:08 PM
#5796   And only whacktards would take offense to that;) SUPERFREAK 05/11/12 11:47:00 AM
#5795   OK PRO LETS GET IT MOVING reko01 05/11/12 11:21:18 AM
#5794   lol u ever get your 3 mill luvpink 05/11/12 11:21:05 AM
#5793   Nothing but damn bid whacks today! Amateurs!!! SUPERFREAK 05/11/12 11:19:59 AM
#5792   Looks like everyone is just sitting back and azguitarist 05/11/12 10:52:59 AM
#5791   GM all! It's been a great week here azguitarist 05/11/12 09:34:49 AM
#5790   Looking good The_Free_Nebula 05/11/12 09:21:00 AM
#5789   The PR wheel isn't turning very quickly, plus RowingDude 05/11/12 12:15:24 AM
#5788   Have had ELRA on my watch for a icatrade 05/10/12 10:34:56 PM
#5787   Tom Bustamante Siforus 05/10/12 10:02:34 PM
#5786   Funny you say that because I bought this RowingDude 05/10/12 10:02:21 PM
#5785   We shall see The_Free_Nebula 05/10/12 09:55:46 PM
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