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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
#64515   $ELRA Technical Analysis http://www.stockta.com/cgi $Pistol Pete$ 09/25/16 12:43:47 AM
#64513   Nothing lately! Bob22701 09/20/16 02:56:55 PM
#64512   Been out of the country for a while. Deryld77 09/20/16 02:52:58 PM
#64510   The debt was created by "know how", pretty integral 09/05/16 11:30:19 AM
#64509   They have doing it for years. integral 09/05/16 11:28:44 AM
#64508   Why sell stock at $0.00005 and buy it integral 09/05/16 11:28:04 AM
#64507   The stock is no bid. integral 09/05/16 11:26:56 AM
#64506   $ELRA Company buy back more than 230M shares $Pistol Pete$ 09/05/16 04:19:31 AM
#64505   $ELRA Statement of Changes in Beneficial Ownership (4) Source: $Pistol Pete$ 09/05/16 04:18:25 AM
#64504   $ELRA Trader's Cheat Sheet http://www.barchart.com $Pistol Pete$ 09/05/16 04:17:23 AM
#64503   $ELRA check out this link and see ELRA $Pistol Pete$ 09/05/16 04:15:31 AM
#64502   Pick up a little the last couple days JUST WAITING 08/23/16 11:10:19 AM
#64501   I wonder why is taking that long because JUST WAITING 08/22/16 08:27:13 AM
#64500   I don't know a good way to find Bob22701 08/22/16 08:18:44 AM
#64499   Any way we can findout if R/S was JUST WAITING 08/21/16 12:45:27 PM
#64498   They cant exploit without a reverse split, and Gman3343 08/19/16 02:09:40 PM
#64497   I lost alot of money on this pos. Gman3343 08/17/16 01:12:45 PM
#64496   I was reading that you are right unless JUST WAITING 08/16/16 09:44:32 AM
#64495   ELRA - there is $2.7 million in convertible Bob22701 08/16/16 09:41:21 AM
#64494   If they didn't approve it this is a JUST WAITING 08/16/16 09:26:15 AM
#64493   ELRA numbers are awful. Bob22701 08/16/16 03:25:17 AM
#64492   ELRA announced an RS but it looks like Bob22701 08/16/16 03:21:11 AM
#64491   Wasn't a RS approved recently ? mattypsays 08/15/16 09:24:46 PM
#64490   Still flat on operating profit Axel 08/15/16 04:46:45 PM
#64489   this mother f'd me good a while back ago shurtha2000 08/15/16 03:50:04 PM
#64488   Watching here what is the latest here? JUST WAITING 08/15/16 01:40:51 PM
#64487   NEAR 400% IMPROVMENT YEA BUDDY! INTHEKNOW1 08/15/16 11:19:48 AM
#64486   We generated $1,703,372 revenues during the three months INTHEKNOW1 08/15/16 11:19:00 AM
#64485   We generated $3,080,304 revenues during the six months INTHEKNOW1 08/15/16 10:52:21 AM
#64484   New numbers look good, increasing cash on hand, ComptonBrosInc 08/15/16 10:48:41 AM
#64483   This get halted by the sec yet? boston79 08/09/16 09:59:25 PM
#64482   should have acted a long ways back on tmonkey 08/09/16 05:33:42 AM
#64481   I hope goodman is wearing an orange jump Gman3343 08/08/16 10:18:01 PM
#64480   Did FINRA tell Goodman to go pack sand QuidRunner 08/08/16 04:53:14 PM
#64479   Good Morning ELRA $$$$ David1972 08/05/16 08:55:09 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
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