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Elray Resources, Inc. (ELRA)

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Last Post: 11/12/2018 7:17:29 AM - Followers: 463 - 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 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.

 




 
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PostSubject
#66940  Sticky Note ELRA - Convertible debt will prevent all states Bob22701 05/18/18 11:26:13 AM
#67205   It has gotten very quiet here. It seems Bob22701 11/12/18 07:17:29 AM
#67204   Enjoy your shares for a very long time. Gman3343 10/31/18 08:50:18 PM
#67203   I am a lone shareholder here, lol .. NewTrader2017 10/31/18 01:45:31 PM
#67202   i luv that 1 trade volume. look at NewTrader2017 10/18/18 10:41:00 AM
#67200   mms cannot effort to sell @.0001 , they NewTrader2017 10/16/18 10:44:05 AM
#67198   I bet this to be a penny runner NewTrader2017 10/15/18 09:33:36 PM
#67197   lol, the run has not started yet. ELRA NewTrader2017 10/15/18 09:27:16 PM
#67196   You will have better luck getting hit by Gman3343 10/15/18 08:14:41 PM
#67195   lol NewTrader2017 10/15/18 03:45:39 PM
#67194   Your comical, this will never see a penny. Gman3343 10/15/18 03:16:46 PM
#67193   Shares Outstanding 2.4B . This will be a NewTrader2017 10/15/18 12:25:07 PM
#67192   signaling for next run :) NewTrader2017 10/11/18 05:33:53 PM
#67191   whats going on here Aevora 10/11/18 05:29:20 PM
#67190   mms playing dead, but then shares are stolen NewTrader2017 10/10/18 03:12:23 PM
#67189   ya agree, but eventually this will run, may NewTrader2017 09/26/18 10:12:26 AM
#67188   No Bid is inevitable! Bob22701 09/26/18 09:46:11 AM
#67187   This has been to no bid forever, its Gman3343 09/25/18 02:15:49 PM
#67186   only 14m ? they can bring this to NewTrader2017 09/24/18 01:43:41 PM
#67185   Wash rinse repeat on this turd kaisdaboss88 09/10/18 02:47:24 PM
#67184   Looks like ELRA about to breakout as trip MIKEY501 09/10/18 11:36:10 AM
#67183   That’s some massive support on 1 -SPYDA- 09/10/18 11:34:47 AM
#67182   Support building. 377 x 308. $ELRA GMONEY4 09/10/18 11:15:21 AM
#67181   $ELRA starting to churn again. 149 x 308. GMONEY4 09/10/18 11:13:16 AM
#67180   ELRA nice 20M block ask smack at .0002! MIKEY501 09/10/18 10:55:03 AM
#67179   Only 2.5B A.S Just Confirmed., Very Nice S.S. MIKEY501 09/10/18 09:22:26 AM
#67178   Good morning ELRA MIKEY501 09/10/18 09:22:03 AM
#67177   I am starting to learn this now...im still Dio2000 09/04/18 10:53:23 AM
#67175   Dio , yea its ridiculous isnt it? Gman3343 09/02/18 09:33:17 PM
#67174   I got out early also! I don’t understand Dio2000 09/02/18 03:35:18 PM
#67173   I got lucky, last run I got out Gman3343 08/30/18 10:53:51 PM
#67172   I see No Bid in the near future Bob22701 08/27/18 04:13:07 PM
#67171   Nice 3 milly smack on 0002s. OTC Knight 08/23/18 10:09:32 AM
#67169   Bid building again. 413 x 380. GMONEY4 08/17/18 09:32:00 AM
#67168   Nice. With no dilution we should soon see OTC Knight 08/17/18 09:02:11 AM
#67167   Looks like they can't dilute unless they raise Penny Machine 08/17/18 08:58:05 AM
#67166   Only 2.4b o.s. & 2.5b a.s. per 10Q Penny Machine 08/17/18 08:51:14 AM
#67165   Nice milly slaps coming in 0002s. ELRA looks OTC Knight 08/15/18 09:43:31 AM
#67164   Theres nothing good about this POS, save your money. Gman3343 07/31/18 01:34:22 PM
#67163   Gooooood morning ELRA $$$$$$ MIKEY501 07/31/18 07:55:48 AM
#67162   So what's the latest on here ? Should HotRodN 07/29/18 08:42:08 AM
#67161   Crickets! Bob22701 07/22/18 07:53:55 AM
#67160   Somebody buying this garbage ? Gman3343 07/19/18 10:03:37 AM
#67159   Crypto news didnt move this pos at all. Gman3343 07/11/18 05:14:57 PM
#67158   S.S. is so low, if ask stackers at Penny Machine 07/10/18 01:03:04 PM
#67157   Only 2.5B A.S Just Confirmed., Very Nice S.S. Penny Machine 07/10/18 11:28:44 AM
#67156   TA Update Last Night https://www.otcmarkets.com/stock/ELRA/security Penny Machine 07/10/18 11:22:28 AM
#67155   Doesnt look like the crypto news is working lol Gman3343 07/09/18 12:37:49 PM
#67154   Goooood morning ELRA $$$$ MIKEY501 07/09/18 07:19:32 AM
#67153  Restored it is if your a flipper for a Alexxdj1 07/06/18 11:02:18 PM
#67152   solid, loading more Monday, this is a NO Alexxdj1 07/06/18 11:01:30 PM
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