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Elray Resources, Inc. (ELRA)

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Last Post: 7/27/2016 6:46:25 AM - Followers: 466 - 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
#64478   SCAMBO!----------all this great volume is due to people tmonkey 07/27/16 06:46:25 AM
#64477   ELRA - LIMBO Bob22701 07/22/16 03:54:01 PM
#64476   ELRA - email is down Bob22701 07/13/16 11:40:23 AM
#64475   I hope you're right! One of my stocker72 07/11/16 03:49:32 PM
#64474   Maybe it was denied... If so, could create mattypsays 07/11/16 03:48:27 PM
#64473   The last SEC filing indicates the RS taking stocker72 07/11/16 01:52:59 PM
#64472   Lol yeah total POS mattypsays 07/06/16 12:38:34 PM
#64471   ELRA has consistently destroyed Shareholder value! Bob22701 07/06/16 12:19:44 PM
#64470   WHAT EVER YOU DO, DONT LET THE TRUTH INTHEKNOW1 07/05/16 07:37:06 AM
#64469   Split Details: integral 07/04/16 02:50:12 PM
#64465   ELRA reporting a profit would be a best Bob22701 07/03/16 01:49:27 PM
#64464   So you're saying it would be a good ComptonBrosInc 07/03/16 12:45:55 PM
#64463   ELRA - Split details: Bob22701 07/02/16 04:27:20 PM
#64462   NOTE 3 – SETTLEMENT PAYABLE (From 3/31/2016 10-Q) Bob22701 07/02/16 06:40:33 AM
#64461   NOTE 2 – GOING CONCERN (From 3/31/2016 10-Q) Bob22701 07/02/16 06:38:16 AM
#64460   FROM NO BID TO BID WITH GOOD FINANCIALS Hmmmmmmm;-) INTHEKNOW1 07/02/16 05:50:38 AM
#64459   I bet NO company in the history of QuidRunner 07/01/16 10:24:39 PM
#64458   I WILL TAKE AN .0001 NO BID R/s.. INTHEKNOW1 07/01/16 05:30:22 PM
#64457   Another reverse split!!! Bob22701 07/01/16 04:56:16 PM
#64456   you're better off paying for a promo ChasingPennies305 06/27/16 12:44:13 PM
#64455   ELRA won't turn the corner until they get Bob22701 06/27/16 07:38:30 AM
#64454   LOOKS LIKE COMPANY HAS TURNED CORNER..;-) INTHEKNOW1 06/27/16 07:35:50 AM
#64453   LET HIM INVEST IN PAST, YOU INVEST FUTURE;-) INTHEKNOW1 06/27/16 07:35:01 AM
#64452   ELRA EXPENSE REDUCED 34% TO 1.5M;-) INTHEKNOW1 06/27/16 07:34:02 AM
#64451   REVENUE UP 13 TIMES OVER 2014 REVENUE;-) INTHEKNOW1 06/27/16 07:32:18 AM
#64450   ELRA 2015 REVENUE OVER 3M DOLLARS;-) INTHEKNOW1 06/27/16 07:31:22 AM
#64449   ELRA.. ONLY 640M O/s INTHEKNOW1 06/27/16 07:30:21 AM
#64448   Failure to engage in proper DD is laughable: integral 06/27/16 05:54:41 AM
#64447   INTERGRAL YOU NUMBERS ARE SO FAR OFF THEY INTHEKNOW1 06/27/16 05:18:08 AM
#64445   This company IMO, is a money laundering fraud integral 06/26/16 02:46:42 PM
#64444   $300-500 INVESTED NOW IS A DOUBLE A TICK INTHEKNOW1 06/25/16 09:28:52 AM
#64443   NOT SAYING ELRA GONNA RUN LIKE A SCALDED INTHEKNOW1 06/25/16 09:26:18 AM
#64441   NOW THE REAL TRUTH..investorshub.advfn.com/uimage/uploads/2016/6/24/hknl INTHEKNOW1 06/25/16 09:21:12 AM
#64440   ELRA - Market Cap $54k Bob22701 06/25/16 09:14:19 AM
#64439   $ELRA One Year Chart http://www.stockscores.c $Pistol Pete$ 06/25/16 07:55:19 AM
#64438   The companies financing ELRA convertible debt will insist Bob22701 06/25/16 03:38:40 AM
#64437   IBOX notes - Bob22701 06/25/16 03:34:47 AM
#64436   VFIN, BMAK, VNDM ALL DUMPING HERE $ELRA MonopolyTrader 06/24/16 04:45:31 PM
#64435   NO NON STOP DILUTION. THIS IS OVER. $ELRA MonopolyTrader 06/24/16 04:45:05 PM
#64434   100S OF MILLIONS DUMPED THIS WEEK LMAO $ELRA MonopolyTrader 06/24/16 04:44:36 PM
#64433   $ELRA HAS HAD TOO MANY REVERSE SPLITS MonopolyTrader 06/24/16 04:44:15 PM
#64432   NON STOP DILUTION HERE $ELRA MonopolyTrader 06/24/16 04:43:48 PM
#64431   What did I tell you ChasingPennies305 06/24/16 02:52:39 PM
#64430   KEEP TRYING, BUT I BELIEVE THE 1's SOON GONE! INTHEKNOW1 06/24/16 09:15:14 AM
#64429   ELRA emeraldcity888.com site data Bob22701 06/24/16 09:09:22 AM
#64428   ELRA doesn't have any gas left in the tank! Bob22701 06/24/16 08:31:41 AM
#64427   ELRA - 3 year price chart! Bob22701 06/24/16 07:39:30 AM
#64426   IBOX message! Bob22701 06/24/16 07:12:48 AM
#64425   Brian Goodman, CEO stated that, "Elray has had INTHEKNOW1 06/24/16 06:40:27 AM
#64424   ELRA 2015 EXPENSIVES DOWN 34% TO ONLY 1.5M! INTHEKNOW1 06/24/16 06:40:13 AM
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