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Elray Resources, Inc. (ELRA)

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Last Post: 3/28/2017 2:26:35 PM - Followers: 444 - Board type: Free - Posts Today: 2

       
                    

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
#65022   Accumulation of days and now we are neighbors Giangy 03/28/17 02:26:34 PM
#65021   ELRA 10-K is due by sometime on Friday. Bob22701 03/28/17 12:59:20 PM
#65020   This time start traveling .... Giangy 03/27/17 02:50:32 PM
#65019   Oh yes there will be. Notorious for them. Read-Dark Pool 03/27/17 01:48:31 PM
#65018   no R/S ??? Giangy 03/27/17 01:00:00 PM
#65017   Nice volume will 2's finally Get hammered . JJ24 03/27/17 12:45:33 PM
#65016   Huge buys and .0002s thin mattypsays 03/27/17 12:45:09 PM
#65015   Go ELRA....!!! Giangy 03/27/17 12:43:00 PM
#65014   Lmao. Yeah toxic note holders washing paper. Money Read-Dark Pool 03/27/17 11:42:17 AM
#65013   Possible merger...? somebody knows something is up! why Vector2112 03/27/17 11:25:45 AM
#65012   Why all the volume? mattypsays 03/27/17 10:47:29 AM
#65011   Reverse spilt on deck. Might wanna take a Read-Dark Pool 03/27/17 10:27:58 AM
#65010   News coming soon.... Giangy 03/27/17 10:26:45 AM
#65009   it seems as though 99% percent of the Vector2112 03/27/17 09:30:17 AM
#65008   Volume.....!!!! Giangy 03/27/17 09:27:29 AM
#65007   Pump and dump ran by the Goodman father Read-Dark Pool 03/26/17 11:36:10 AM
#65006   Who knows, this company is a POS. This Gman3343 03/22/17 11:36:18 AM
#65005   when will be declared to the reports, from Giangy 03/22/17 11:22:55 AM
#65004   Pos,pos,pos,pos Gman3343 03/21/17 12:42:16 PM
#65003   Lets see what happens this week. I just Gman3343 03/18/17 05:33:36 PM
#65002   accumulation and waiting .... Giangy 03/17/17 01:11:41 PM
#65001   I do not know well your writing, we Giangy 03/17/17 12:30:13 PM
#65000   Giangy what do you mean it is already stopped? Gman3343 03/17/17 12:26:01 PM
#64999   They will be finished? probably after many RS .... Giangy 03/17/17 10:49:45 AM
#64998   lol. correct. this one is a longtime diluting bogee 03/17/17 10:38:58 AM
#64997   we are too negative .... something positive is Giangy 03/17/17 10:31:03 AM
#64996   You do realize this is Goodman selling his Gman3343 03/17/17 10:12:51 AM
#64995   I did not understand you.... Giangy 03/17/17 10:10:45 AM
#64994   Need bid to stack and we take off JJ24 03/17/17 09:47:50 AM
#64993   Today we will have more volume for you Giangy 03/17/17 09:28:16 AM
#64992   Well we gotta see volume and 2's on JJ24 03/17/17 12:08:28 AM
#64991   look at all trades today and no interest Gman3343 03/16/17 11:14:59 PM
#64990   we are already stopped? Go erla !!!! .... Giangy 03/16/17 03:32:42 PM
#64989   This has never waved yet, this has been Gman3343 03/16/17 12:07:47 PM
#64988   in Pennyland is very normal not to trust, Giangy 03/16/17 11:52:58 AM
#64987   I dont trust this company at all. Gman3343 03/16/17 11:43:10 AM
#64986   Good morning Gman, something begin to see a ... Giangy 03/16/17 11:17:24 AM
#64985   35 million shares today so far and hasnt Gman3343 03/16/17 11:12:21 AM
#64984   35 million shares today so far and hasnt Gman3343 03/16/17 11:12:18 AM
#64983   Let's hope so. JJ24 03/16/17 09:46:43 AM
#64982   news coming soon .... Giangy 03/16/17 09:30:02 AM
#64981   well, then we can not wait to SEE Giangy 03/15/17 11:48:10 AM
#64980   The good thing is they are making money Gman3343 03/15/17 10:39:49 AM
#64979   Perhaps we are close a couple of novelties, Giangy 03/15/17 10:03:28 AM
#64978   who knows.... Giangy 03/15/17 09:28:45 AM
#64977   Giangy I am asking you, do you know Gman3343 03/15/17 09:15:37 AM
#64976   when you will know if it is accepted? Giangy 03/14/17 06:52:09 PM
#64975   Lets just hope they dont get their RS, Gman3343 03/14/17 05:05:06 PM
#64974   I understand but I hope that we can Giangy 03/14/17 04:41:22 PM
#64973   Giangy nobody is buying this turd. They done Gman3343 03/14/17 03:59:03 PM
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