Elray Resources Inc (ELRA)

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The float is a variable, not fixed, based on the significance of the convertibles. One thing for certain, is JSJ and Asher operate like clock work. Expect the conversions to continue. We cannot assume what the holders of the stock given to the other entities will do, but you can with an absolute guarantee that JSJ and Asher will convert and resell the shares in the open market as per their model. They never deviate from their plan. Otherwise, they insert and increase the probability of investment risk along with time risk. ELRA is no exception to the rule of the cleverly devised program.