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Re: None

Monday, 01/12/2015 4:24:06 AM

Monday, January 12, 2015 4:24:06 AM

Post# of 21
ELRA FRONT-LOAD (DD):

ELRA

OTC Pink Current Information

Revenue:

? 3 Months Ending 30 Sept 2014 = $67,318 with a $778,767 Gross Margin = (-$711,449) total compared to $0 and Gross Margin of $974,844 = (-$974,844) total the previous year
? Net Loss = (-$3,274,101) compared to (-$1,185,094) the year prior

Authorized and Outstanding Share Structure:

? Total A/S = 5,290,000,000
? Total O/S = 502,029,390
? Subsequent Events O/S = 513,529,390
? Total Preferred Authorized = 590,000,000
? Total Preferred O/S = 218,000,000
? Subsequent Event Preferred O/S = 280,000,000
? Total float = O/S – Preferred O/S = 167,500,000
? Avg Volume (50 Day Period) = 136,685,960

Recent, Current, and Future Convertible Shares:

- On January 30, 2014, the Company entered into a convertible promissory note with JSJ for $50,000 cash (the "Fourth JSJ Note"). The note bears interest at 10% and matured on January 30, 2015. Upon the maturity, the note has a cash redemption premium of 150% of the principal amount. The note is convertible to the Company’s common shares at a discount of 50% of the average of the three lowest bids on the twenty days before the date this note is executed, or 50% of the average of the three lowest bids during the twenty trading days preceding the delivery of any conversion notice, whichever is lower. During the nine months ended September 30, 2014, JSJ converted $50,000 of its fourth note to 41,172,878 shares of common stock and accrued interest of $2,754

- On August 21, 2014, the Company entered into a convertible promissory note with JSJ for $50,000 cash (the "Fifth JSJ Note"). The note bears interest at 12% and matured on February 21, 2015. Upon the maturity, the note has a cash redemption premium of 150% of the principal amount. The note is convertible to the Company’s common shares at a discount of 60% of the average of the three lowest bids on the twenty days before the date this note is executed, or 60% of the average of the three lowest bids during the twenty trading days preceding the delivery of any conversion notice, whichever is lower.

- On August 12, 2014, the Company entered into a convertible promissory note with KBM Worldwide Inc. (the "Fourth KBM Note") for $32,500. The note bears interest at 8% and matures on May 14, 2015. In the event that the note remains unpaid at that date, the Company will pay default interest of 22%. KBM has the right after a period of 180 days to convert the balance outstanding into the Company’s common stock at a rate equal to 40% of the average lowest three closing bid prices during the ten trading days prior to the conversion date.

- On March 6, 2014, the Company entered into a convertible promissory note with LG Capital Funding LLC (the "Second LG" Note) for $37,000. The note bears interest at 8% and matures on March 6, 2015. LG has the right after a period of 180 days to convert the balance outstanding into the Company’s common stock at a rate equal to 50% of the average lowest three trading prices during the fifteen trading days prior to the conversion date.

- On September 2, 2014, the Company entered into a convertible promissory note with Beaufort Capital Partners, LLC ("Beaufort") for $21,000. The note bears a total interest of $9,000 and matures on March 2, 2015. Absent the occurrence of an event of default, the Company may prepay the note for a net payment of $30,000 at any time prior to December 2, 2014. Beaufort has the right after the maturity date to convert the balance outstanding into the Company’s common stock at a rate equal to 50% of the lowest trading prices during the fifteen trading days prior to the conversion date. Under certain conditions, the conversion price would be reset to $0.0001 or 65% off the lowest price of the previous five trading days.

SUBSEQUENT EVENT NOTES:
- On October 1, 2014, the Company received funding from LG Capital Funding LLC (the "Second LG Backend" Note) for $37,000. The note bears interest at 8% and matures on March 6, 2015. LG has the right to convert the balance outstanding into the Company’s common stock at a rate equal to 50% of the average lowest three trading prices during the fifteen trading days prior to the conversion date.

- On October 2, 2014, the Company entered into a convertible promissory note with KBM Worldwide Inc. (the "Fifth KBM" note) for $37,500. The note bears interest at 8% and matures on May 14, 2015. In the event that the note remains unpaid at that date, the Company will pay default interest of 22%. KBM has the right after a period of 180 days to convert the balance outstanding into the Company’s common stock at a rate equal to 40% of the average lowest three closing bid prices during the ten trading days prior to the conversion date.

- On November 6, 2014, the Company entered into a convertible promissory note with Darling Capital, LLC. ("Darling") for $25,000. The principal was not received as of the filing date. The note bears interest at 8% and matures on August 6, 2015. Darling has the right after a period of 180 days to convert the balance outstanding into the Company’s common stock at a rate equal to 50% of the average of the three lowest trading price during the fifteen trading days prior to the conversion date.

- On November 7, 2014, the Company entered into a convertible promissory note with Auctus Private Equity Fund, LLC. ("Auctus") for $40,000. The principal was not received as of the filing date. The note bears interest at 8% and matures on August 7, 2015. In the event that the note remains unpaid at that date, the Company will pay default interest of 22%. Auctus has the right after a period of 180 days to convert the balance outstanding into the Company’s common stock at a rate equal to 50% of the average lowest two closing bid prices during the twenty-five trading days prior to the conversion date.

- On November 10, 2014, the Company entered into a convertible promissory note with KBM Worldwide Inc. (the "Sixth KBM" note) for $37,500. The principal was not received on as of the filing date. The note bears interest at 8% and matures on August 12, 2015. In the event that the note remains unpaid at that date, the Company will pay default interest of 22%. KBM has the right after a period of 180 days to convert the balance outstanding into the Company’s common stock at a rate equal to 40% of the average lowest three closing bid prices during the ten trading days prior to the conversion date.

Link to all information: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=1031284

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