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Synergy and severson were hired by ILIV in feb 14. There was a spike shortly after the hire before slowly plummeting to its current pps.
Maybe convince him or others to buy more?
The 55 mil bid at 0002 the day of the pr that got whacked instantly was some guy buying $10k worth based off that newsletter? I'm assuming then that he's gotta show a gain at some point if for at least a day. Then the newsletter convinces him to hold and he becomes a major bag Holder?
If that's the case, wouldn't that be extremely risky with Elra considering it took over 2 months for finra to approve the last reverse split and for Elra to resume trading? This really can't continue, can it?
So buy 100 million at 0001 and short the crap out of it after the reverse split?
Since I'm about to lose all my money invested in ELRA, I'd appreciate understanding how the scam works.
Before the reverse split happens, who buys the billions of shares at .0001 and why?
Hope is only thing elra shareholders have. That equates to empty pockets and being scammed by goodman. I felt different an hour ago before 55 million got dumped at 0002 and now the ask at 0002 is the highest in Elra ever.
One hour ago things looked good. Then 55 million got dumped at .0002 and now the ask at .0002 is the highest in history of Elra. I got scammed by goodman.
ELRA up 0% on 350 million volume. Depressing
Biggest ask ever on elra. 350 mil volume and no change in pps. Depressing
How can I? I'm not a CEO, MM, or financier. I'm screwed
I forgot the financiers and convertible debt. Screw elra
Unfortunately only the MMs and goodman make money. Everyone else gets screwed
Can't get 1 frickin spike? Goodman and elra really suck
Dilution really sucks. Losing hope daily :(
IR agency hired last week just warming up IMO. Should be a fun week
Elray Gaming - Appoints IR Agency
NEW YORK, July 7, 2015 /PRNewswire/ -- Elray Resources Inc. (OTCPK: ELRA) trading as Elray Gaming announced today the Appointment of Synergy Business Consultants as its IR and financial communications agency, headed by Investor Relations veteran Richard Severson.
Logo - http://photos.prnewswire.com/prnh/20150707/232155LOGO
Mr. Goodman, CEO of Elray Gaming said "We are very excited to be working with Synergy. The Company's ability to communicate in a strategic and consistent manner has never been more important. Richard Severson's well-established industry reputation and far-reaching network of contacts coupled with his considerable experience both in an agency and a corporate environment will help us deliver even greater growth and success in the coming year. Elray has made solid progress both in terms of revenues and reduction of debt in the recent months and communicating this positive progress will have a positive impact on the strength of the Company."
Richard brings over 15 years of diversified financial and communications experience to his role as President of Synergy Business Consultants.
www.ElrayGaming.com
ABOUT ELRAY
Elray is an established Gaming entity which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases. Whilst Elray is a US company, we have a global presence with offices in London, South Africa and Sydney, homes of the largest gaming operators, which helps us actively manage and serve our clients. Our sophisticated software automatically declines any gaming requests from within the United States, in strict compliance with current US law.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Our sophisticated software systems automatically decline and denies any gaming requests from within illegal gaming jurisdictions including but not limited to the United States, Hong Kong, Singapore, United Kingdom, France, Italy and Israel and prevents any access to the products that we support from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.
We comply with all regulations, rules and directives of governmental authorities and agencies applicable to online gaming. Regulations relating to online gaming vary significantly in different jurisdictions. Various sophisticated methods are utilized prior to acceptance of deposits to ensure that funds are only accepted from gamers in jurisdictions in which we are legally entitled to provide services.
The Unlawful Internet Gambling Enforcement Act of 2006 ("UIGEA") became United States ("U.S.") law in late 2006 and effectively curtailed legal participation by U.S. players in online gambling. The UIGEA prevented financial transactions related to online gaming in the U.S. Players in the U.S. are currently legally precluded from participating in online gambling. Elray's online gaming products are not available to U.S. players and also not available to residents of Hong Kong.
Contact:
Synergy Business Consultants
Rick Severson
Phone: (888)-259-9173
Email
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/elray-gaming--appoints-ir-agency-300109519.html
SOURCE Elray Gaming
3,000,000 / 3,000,000,000 = .001
1 bil OS as of yesterday per TA. 3 bil AS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115369223
.001 is where vfin was last week
I hope Elra goes up 382%
Elray Gaming Announces Record Earnings
NEW YORK, July 14, 2015 /PRNewswire/ -- Elray Resources Inc. (OTCPK: ELRA) trading as Elray Gaming announced today that are up substantially Quarter over Quarter.
Logo - http://photos.prnewswire.com/prnh/20150713/235621LOGO
Revenues for Q2 2015 over Q1 2015 are up 66.9 %.
Revenues for Q2 2015 over Q2 2014 are up 382.0 %
Brian Goodman, CEO stated that, "Elray has now managed to achieve double digit Revenue increases month on month since the 3rd Quarter of 2014 coupled with a further reduction in debt in the last two Quarters.
A Revenue Increase of 66.9% over the last three months and an overall Revenue Increase of over 382.0% over the same Quarter in 2014 is an excellent achievement.
Elray's additional revenues and profitability are as a direct result of its continuing recognition in the industry backed by its unique IP/Technology and skilled team as well as its customer retention and marketing tools. Online gambling is one of them fastest growing segments of the gambling industry. The Online Gaming segment of the overall Gaming Market has shown particular strength progressively expanding and growing globally. The Company in recent months has focused on new and emerging markets including North America, which is beginning to show solid growth. Certain states are already allowing regulated activity. Elray is currently developing specific tools for the US market and will play a part in this lucrative market and provide its 'state of the art' technology to licensed operators."
www.ElrayGaming.com
ABOUT ELRAY
Elray is an established Gaming entity, which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases. Whilst Elray is a US company, we have a global presence with offices in London, South Africa and Sydney, homes of the largest gaming operators, which helps us actively manage and serve our clients. Our sophisticated software automatically declines any gaming requests from within the United States, in strict compliance with current US law.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Our sophisticated software systems automatically decline and denies any gaming requests from within illegal gaming jurisdictions including but not limited to the United States, Hong Kong, Singapore, United Kingdom, France, Italy and Israel and prevents any access to the products that we support from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.
We comply with all regulations, rules and directives of governmental authorities and agencies applicable to online gaming. Regulations relating to online gaming vary significantly in different jurisdictions. Various sophisticated methods are utilized prior to acceptance of deposits to ensure that funds are only accepted from gamers in jurisdictions in which we are legally entitled to provide services.
The Unlawful Internet Gambling Enforcement Act of 2006 ("UIGEA") became United States ("U.S.") law in late 2006 and effectively curtailed legal participation by U.S. players in online gambling. The UIGEA prevented financial transactions related to online gaming in the U.S. Players in the U.S. are currently legally precluded from participating in online gambling. Elray's online gaming products are not available to U.S. players and also not available to residents of Hong Kong.
Contact:
Synergy Business Consultants
Rick Severson
Phone: (888)-259-9173
Email
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/elray-gaming-announces-record-earnings-300112628.html
SOURCE Elray Gaming
Promoters should drive it to 0008 then sell at 0004 when people think they missed the boat
IR agency?
No argument here but hiring ir agency last week means pump coming I think. I hope
So is the pump coming this week? Spike time?
Really hoping for one last spike this week.
Ir agency hired for a reason
Agreed. Let's go elra
I need a few days. Pls wait
Shocked. Congrats longs!
Dr Schäuble’s Plan for Europe: Do Europeans approve? – Article to appear in Die Zeit on Thursday 16th July 2015
Posted on July 13, 2015 by yanisv
Pre-publication summary: Five months of intense negotiations between Greece and the Eurogroup never had a chance of success. Condemned to lead to impasse, their purpose was to pave the ground for what Dr Schäuble had decided was ‘optimal’ well before our government was even elected: That Greece should be eased out of the Eurozone in order to discipline member-states resisting his very specific plan for re-structuring the Eurozone.
This is no theory.
How do I know Grexit is an important part of Dr Schäuble’s plan for Europe?
Because he told me so!
I wrote this article not as a Greek politician critical of the German press’ denigration of our sensible proposals, of Berlin’s refusal seriously to consider our moderate debt re-profiling plan, of the European Central Bank’s highly political decision to asphyxiate our government, of the Eurogroup’s decision to give the ECB the green light to shut down our banks.
I wrote this article as a European observing the unfolding of a particular Plan for Europe – Dr Schäuble’s Plan.
And I am asking a simple question of Die Zeit’s informed readers:
Is this a Plan that you approve of?
Do you consider this Plan good for Europe?
Greece won't succumb to German blackmail. Grexit coming
$310 now. Was $250 like 2 weeks ago
Behind Germany’s refusal to grant Greece debt relief – Op-Ed in The Guardian
Posted on July 11, 2015 by yanisv
Tomorrow’s EU Summit will seal Greece’s fate in the Eurozone. As these lines are being written, Euclid Tsakalotos, my great friend, comrade and successor as Greece’s Finance Ministry is heading for a Eurogroup meeting that will determine whether a last ditch agreement between Greece and our creditors is reached and whether this agreement contains the degree of debt relief that could render the Greek economy viable within the Euro Area. Euclid is taking with him a moderate, well-thought out debt restructuring plan that is undoubtedly in the interests both of Greece and its creditors. (Details of it I intend to publish here on Monday, once the dust has settled.) If these modest debt restructuring proposals are turned down, as the German finance minister has foreshadowed, Sunday’s EU Summit will be deciding between kicking Greece out of the Eurozone now or keeping it in for a little while longer, in a state of deepening destitution, until it leaves some time in the future. The question is: Why is the German finance Minister, Dr Wolfgang Schäuble, resisting a sensible, mild, mutually beneficial debt restructure?
Greece’s financial drama has dominated the headlines for five years for one reason: the stubborn refusal of our creditors to offer essential debt relief. Why, against common sense, against the IMF’s verdict and against the everyday practices of bankers facing stressed debtors, do they resist a debt restructure? The answer cannot be found in economics because it resides deep in Europe’s labyrinthine politics.
In 2010, the Greek state became insolvent. Two options consistent with continuing membership of the eurozone presented themselves: the sensible one, that any decent banker would recommend – restructuring the debt and reforming the economy; and the toxic option – extending new loans to a bankrupt entity while pretending that it remains solvent.
Official Europe chose the second option, putting the bailing out of French and German banks exposed to Greek public debt above Greece’s socioeconomic viability. A debt restructure would have implied losses for the bankers on their Greek debt holdings.Keen to avoid confessing to parliaments that taxpayers would have to pay again for the banks by means of unsustainable new loans, EU officials presented the Greek state’s insolvency as a problem of illiquidity, and justified the “bailout” as a case of “solidarity” with the Greeks.
To frame the cynical transfer of irretrievable private losses on to the shoulders of taxpayers as an exercise in “tough love”, record austerity was imposed on Greece, whose national income, in turn – from which new and old debts had to be repaid – diminished by more than a quarter. It takes the mathematical expertise of a smart eight-year-old to know that this process could not end well.
Once the sordid operation was complete, Europe had automatically acquired another reason for refusing to discuss debt restructuring: it would now hit the pockets of European citizens! And so increasing doses of austerity were administered while the debt grew larger, forcing creditors to extend more loans in exchange for even more austerity.
Our government was elected on a mandate to end this doom loop; to demand debt restructuring and an end to crippling austerity. Negotiations have reached their much publicised impasse for a simple reason: our creditors continue to rule out any tangible debt restructuring while insisting that our unpayable debt be repaid “parametrically” by the weakest of Greeks, their children and their grandchildren.
In my first week as minister for finance I was visited by Jeroen Dijsselbloem, president of the Eurogroup (the eurozone finance ministers), who put a stark choice to me: accept the bailout’s “logic” and drop any demands for debt restructuring or your loan agreement will “crash” – the unsaid repercussion being that Greece’s banks would be boarded up.
Five months of negotiations ensued under conditions of monetary asphyxiation and an induced bank-run supervised and administered by the European Central Bank. The writing was on the wall: unless we capitulated, we would soon be facing capital controls, quasi-functioning cash machines, a prolonged bank holiday and, ultimately, Grexit.
The threat of Grexit has had a brief rollercoaster of a history. In 2010 it put the fear of God in financiers’ hearts and minds as their banks were replete with Greek debt. Even in 2012, when Germany’s finance minister, Wolfgang Schäuble, decided that Grexit’s costs were a worthwhile “investment” as a way of disciplining France et al, the prospect continued to scare the living daylights out of almost everyone else
By the time Syriza won power last January, and as if to confirm our claim that the “bailouts” had nothing to do with rescuing Greece (and everything to do with ringfencing northern Europe), a large majority within the Eurogroup – under the tutelage of Schäuble – had adopted Grexit either as their preferred outcome or weapon of choice against our government.
Greeks, rightly, shiver at the thought of amputation from monetary union. Exiting a common currency is nothing like severing a peg, as Britain did in 1992, when Norman Lamont famously sang in the shower the morning sterling quit the European exchange rate mechanism (ERM). Alas, Greece does not have a currency whose peg with the euro can be cut. It has the euro – a foreign currency fully administered by a creditor inimical to restructuring our nation’s unsustainable debt.
To exit, we would have to create a new currency from scratch. In occupied Iraq, the introduction of new paper money took almost a year, 20 or so Boeing 747s, the mobilisation of the US military’s might, three printing firms and hundreds of trucks. In the absence of such support, Grexit would be the equivalent of announcing a large devaluation more than 18 months in advance: a recipe for liquidating all Greek capital stock and transferring it abroad by any means available.
With Grexit reinforcing the ECB-induced bank run, our attempts to put debt restructuring back on the negotiating table fell on deaf ears. Time and again we were told that this was a matter for an unspecified future that would follow the “programme’s successful completion” – a stupendous Catch-22 since the “programme” could never succeed without a debt restructure.
This weekend brings the climax of the talks as Euclid Tsakalotos, my successor, strives, again, to put the horse before the cart – to convince a hostile Eurogroup that debt restructuring is a prerequisite of success for reforming Greece, not an ex-post reward for it. Why is this so hard to get across? I see three reasons.
Europe did not know how to respond to the financial crisis. Should it prepare for an expulsion (Grexit) or a federation?
One is that institutional inertia is hard to beat. A second, that unsustainable debt gives creditors immense power over debtors – and power, as we know, corrupts even the finest. But it is the third which seems to me more pertinent and, indeed, more interesting.
The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM, or the 1930s gold standard, and a state currency. The former relies on the fear of expulsion to hold together, while state money involves mechanisms for recycling surpluses between member states (for instance, a federal budget, common bonds). The eurozone falls between these stools – it is more than an exchange-rate regime and less than a state.
And there’s the rub. After the crisis of 2008/9, Europe didn’t know how to respond. Should it prepare the ground for at least one expulsion (that is, Grexit) to strengthen discipline? Or move to a federation? So far it has done neither, its existentialist angst forever rising. Schäuble is convinced that as things stand, he needs a Grexit to clear the air, one way or another. Suddenly, a permanently unsustainable Greek public debt, without which the risk of Grexit would fade, has acquired a new usefulness for Schauble.
What do I mean by that? Based on months of negotiation, my conviction is that the German finance minister wants Greece to be pushed out of the single currency to put the fear of God into the French and have them accept his model of a disciplinarian eurozone.
Yanis nailed it. "Based on months of negotiation, my conviction is that the German finance minister wants Greece to be pushed out of the single currency to put the fear of God into the French and have them accept his model of a disciplinarian eurozone." - Varoufakis
Eurogroup gave Greece until July 15 to pass new laws
Looks to me like eurogroup trying to govern Greek people now.
http://news.yahoo.com/eus-moscovici-says-greece-must-more-104054013--business.html
Total BLACKMAIL. Greece should just say phuck off and get money from Russia and switch to the drachma.
Reports Claim: Finland Will Veto Any Plan to Keep Greece in Eurozone
Okay, already 3 big Finnish news outlets (MTV3, HS, YLE) reporting same thing: Finland wants #Greece out of eurozone.
3:15 PM - 11 Jul 2015
344 344 Retweets 64 64 favorites
Up until late June, I thought a deal would ultimately get done. I was the first on this board to state this would last until July and that was well before the referendum. I always thought Obama wouldn't allow a Grexit. Then the picture started becoming clearer in my eyes. It started w/ the historic Russia-Greece deal on the Turkish Stream gas pipeline signed in June. Then I realized that Germany wasn't going to bend and Syrzia's actions wasn't going to help matters. In the end, I believe what yanis is saying about Germany's intentions. Greece did cave in the end w/ French influence but it still won't be enough for Germany. Grexit will happen and Greece will gradually leave the euro. No way Greece succumbs to giving up their land/islands. Just my 2 cents.