Elray Resources Inc (ELRA)

[big gains1988]

I agree.
I would actually take it a step further and say that if a few things work out in our favor it will go even higher than that. The canceled RS was big news but they loopholed that by just increasing the AS. Announcing that they have locked their OS or AS would be good. News that debt is mostly converted, earnings numbers, the list of things that can bump the stock well into the 002s or 3s is not small. They need to stop the bleeding though. What I don't entirely understand is how that Hong Kong company is gonna benefit from giving elra 300k in cash for 10mill stock at 3 cents?
Oh well might as well listen to the bashers, I'm sure they were doing it just to be nice guys and got screwed over. You would think though a 300k dollar deal if I were the company giving out the money there would be stipulations for share structure.