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Elray Resources, Inc. (ELRA)

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Last Post: 12/5/2016 7:36:33 AM - Followers: 458 - Board type: Free - Posts Today: 1

       
                    

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
#64795   Good Morning ELRA primecomm 12/05/16 07:36:33 AM
#64794   Good Morning ELRA primecomm 12/02/16 09:49:15 AM
#64793   Good Morning All primecomm 12/01/16 07:58:13 AM
#64792   Good Morning ELRA! primecomm 11/30/16 07:12:45 AM
#64790   Hit the lights gents. This is toast. Sec Read-Dark Pool 11/29/16 10:08:56 AM
#64789   Good Morning ELRA primecomm 11/28/16 07:56:49 AM
#64788   Good Morning ELRA primecomm 11/25/16 08:25:27 AM
#64787   What happened to all the hype in here. Gman3343 11/24/16 11:35:29 PM
#64786   Good Morning ELRA primecomm 11/23/16 07:05:33 AM
#64785   nothing good about this but you seem to tmonkey 11/23/16 05:50:43 AM
#64784   Good Morning ELRA primecomm 11/22/16 10:57:10 AM
#64783   ELRA - Well, it looks like another run Bob22701 11/21/16 11:47:08 AM
#64782   Good Morning ELRA primecomm 11/18/16 07:48:39 AM
#64781   Good Morning ELRA primecomm 11/17/16 08:57:23 AM
#64780   Yeap. Death spiral financing BKd them! Read-Dark Pool 11/16/16 02:00:42 PM
#64779   Good Morning ELRA primecomm 11/16/16 07:08:35 AM
#64778   Exactly, no one is buying this POS anymore. jmorexxnet 11/15/16 04:11:24 PM
#64777   There is certainly a lot more interest in Bob22701 11/15/16 10:06:21 AM
#64776   Great feeling seeing this POS at no bid. Read-Dark Pool 11/15/16 10:00:16 AM
#64775   Toast. Burnt one to many bridges. Stay AWAY! Read-Dark Pool 11/15/16 09:41:22 AM
#64774   LETS GO ELRA! primecomm 11/15/16 09:39:34 AM
#64773   Yes! .0001s should clear today. primecomm 11/15/16 09:24:19 AM
#64772   Good Morning ELRA primecomm 11/15/16 09:20:31 AM
#64771   ELRA - Convertible Debt Bob22701 11/15/16 07:29:53 AM
#64770   Really Good Revenue >> Go ELRA >>> They MVIR 11/15/16 06:47:53 AM
#64769   ELRA PPS FIXIN TO EXPLODE UPWARDS IMO. INTHEKNOW1 11/15/16 02:48:48 AM
#64768   WITH THOSE HUGE 10Q NUMBERS...ELRA COULD HIT .005+... halbroke1 11/14/16 09:44:18 PM
#64767   Agreed! .0001s can clear at the open! primecomm 11/14/16 08:25:50 PM
#64766   This says it all; a HUGE working capital jmorexxnet 11/14/16 08:09:51 PM
#64765   If we get the volume DRNK saw today JJ24 11/14/16 07:18:05 PM
#64764   HUGE 10Q OUT BY ELRA ...LOOKING FOR halbroke1 11/14/16 06:36:14 PM
#64763   $ELRA .0001 ~ 10Q Out $3.8M Revenue $$$: primecomm 11/14/16 06:23:19 PM
#64762   Volume Surge will come tomorrow opening Bell! primecomm 11/14/16 06:19:11 PM
#64761   DAMN THEY FILED! HOLY MOLY! INTHEKNOW1 11/14/16 04:19:25 PM
#64760   Good it's about time they get shut down. jmorexxnet 11/14/16 03:55:36 PM
#64759   CanadianBob 11/14/16 03:37:51 PM
#64758   Let's see how many more stacked at trip Read-Dark Pool 11/14/16 09:16:21 AM
#64757   Good Morning ELRA primecomm 11/14/16 08:58:05 AM
#64756   Loss Per Common Share Basic loss per common Read-Dark Pool 11/13/16 06:38:56 PM
#64755   ELRA MIGHT BE READY TO EXPLODE $$$$$ SOMETHING halbroke1 11/13/16 06:08:29 PM
#64754   Just S. Hicks selling so he can pay integral 11/13/16 06:04:22 PM
#64753   VOLUME JUMPED FROM 4M TO 238M COUPLE DAYS INTHEKNOW1 11/13/16 02:10:10 PM
#64752   GM ELRA >>> Expecting news soon. All MVIR 11/11/16 07:57:25 AM
#64751   AGREED! NEWS CAN COME ANY DAY NOW! primecomm 11/10/16 12:59:09 PM
#64750   ELRA SEC problems - Bob22701 11/10/16 12:10:57 PM
#64749   The Securities and Exchange Commission (“Commission”) deems it Read-Dark Pool 11/10/16 12:03:20 PM
#64748   ELRA EXPLOSION WILL COME...WE JUST NEED SOME NEWS $$$$$$$... halbroke1 11/10/16 11:40:04 AM
#64747   And the V twins on the ask with billions. Read-Dark Pool 11/10/16 09:15:33 AM
#64746   Good Morning ELRA primecomm 11/10/16 07:45:20 AM
#64745   LOL, there is no Bid, why would anyone skichic 11/09/16 03:34:57 PM
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