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Believe they have valuable patents...so not a P & D IMO.
Not sure why the share drop except that they were late filing and got the dreaded 'E' for a bit.
Where's my stock????
mine too
Where's the fork?
funny that they didn't wait until after the New Year...good for their 10K but crappy market timing
yea...like PGCR
Ugh
There is no company behind this stock...no software...nada!
ROTFLMAO
I have said this all along.
I was involved in this Turkey from day one - look at my posts.
As soon as I started to see that Peter was full of it, I dumped as hard as I could.
Elray Resources, Inc.'s Picacho Property Contains Continuation of a Historically Prolific Vein System
Extensions Stem From the Abundancia Vein, Which Has a 400-Year-Old Mining History, Producing Millions of Ounces of Gold
LAS VEGAS, NV--(Marketwire - December 17, 2009) - Elray Resources, Inc. (OTCBB: ELRA), a technically driven mining and exploration company with operations in SE Asia and South America, is pleased to report that the series of Mesozoic era basaltic flows on the west of the property have been confirmed as extensions of the Abundancia vein, which has been intensively exploited for over 400 years.
"We are pleased to report that this system is a north-eastern continuation of the main system of veins, which have been exploited in the Zaruma-Portovelo area since recordkeeping began," commented Mr. Barry Lucas, Executive Chairman, Elray Resources, Inc. "This is further confirmation to management that this area has immense potential. The Company will be focusing on this, and other areas within the property for development."
Gold prices continue to shine and Chris Hossain, senior sales manager, ODL Securities, recently commented that "Luminaries such as Jim Rogers have said we will see $2,000 within the next decade, and it is striking to see that Paulson has announced he is starting a gold-backed fund in the New Year, including $250m of personal investment. Nothing speaks louder than putting your money where your mouth is."
David Wilson, director of metals research at Société Générale, commented, "We expect money to surge into gold exchange-traded funds, which could push the price up to $1,400 and it could well reach $1,500 in the middle of next year."
About Elray Resources, Inc.
Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of highly prospective, heavily mineralized mining tenements in South East Asia and South America. Elray Resources, Inc.'s, primary objectives are to source projects, conduct geological assessments and seek Joint Venture partners to develop the properties. Please visit www.elraymining.com
yes. Think the stock won't really move until the spring. Be great to see it back over $1.00.
Rawnoc. Risk and Reward. If you don't like the risk then you should be investing in blue chips...LOL. (Like anything is safe anymore)
Good luck
Rawnoc, then you have never read a filing. I just went to OTCBB.com and randomly chose a company from the front page.
SEC Filings for Citadel Broadcasting Corp. (CTDB)
Based on the current economic conditions and capital markets, the Company does not expect to meet its covenant requirements under the Senior Credit and Term Facility as of January 15, 2010. In May 2009, the Company hired a financial advisor to assist in the evaluation of the Company’s financial options, including a possible refinancing and restructuring of its capital structure and debt. The Company is currently in discussions with its lenders regarding this matter, including the possibility of seeking relief through a Chapter 11 filing under the U.S. Bankruptcy Code; however, there can be no assurance that any definitive agreement shall be reached. As of September 30, 2009, discussions with lenders were ongoing, and they remain ongoing as of the filing of the report in which these financial statements appear. Should the Company default under our Senior Credit and Term Facility and under the terms of our convertible subordinated notes, our indebtedness may be accelerated, we would not be able to satisfy these obligations, and the Company would likely need to seek relief through a Chapter 11 filing under the U.S. Bankruptcy Code.
Looking forward to new domain registered on GoDaddy and a fluffy meaningless PR
Half the stocks traded on the OTCBB have this warning.
mine too??
you've obviously never dealt with transfer agents.
Got this reply from IR
"The share return was announced and indicated in the Company's 10K but for some reason not noted in the issued and outstanding. The resolutions have been sent to the transfer agent along with the stock certificates for cancellation/return to treasury, so it should be showing on the Company's filings shortly."
to start an online casino, you need about $10 million in capital to enter the market seriously.
Elray Resources, Inc. Executes Letter of Intent to Acquire Prime Property in the Prolific Gold Region, El Oro Province of Ecuador
Prolific Mining District Has Produced Over 4.5 Million Ounces of Gold Historically
LAS VEGAS, NV--(Marketwire - December 7, 2009) - Elray Resources, Inc. (OTCBB: ELRA), a technically-driven mining and exploration company with operations in S.E. Asia and South America, is pleased to announce that it has entered into a Letter of Intent to secure a prime exploration property, known as Picacho, in Ecuador's prolific and legendary El Oro Province, located in the south eastern region of the country.
"This area has been mined for centuries, with the district of Portovelo-Zaruma-Ayapamba in continuous mining for over 450 years," commented Mr. Barry Lucas, Executive Chairman of Elray Resources, Inc. "We are extremely pleased to have secured this strategic property and are optimistic that our exploration efforts will reward our shareholders."
The Company reports that official records reveal that the major regional mining company, SADCO, extracted over 4.5 million ounces of gold from the region between 1905 and 1950, marking the area as prolific, with an average grade of 14.5 grams/ton of gold. Active projects in the area include Dynasty's Zaruma, Dynasty and Jerusalem projects which between the three projects have over 2 million measured and indicated ounces of gold with over 3 million ounces inferred.
About Elray Resources, Inc.
Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of highly prospective, heavily mineralized mining tenements in South East Asia and South America. Elray Resources, Inc.'s, primary objectives are to source projects, conduct geological assessments and seek Joint Venture partners to develop the properties. Please visit www.elraymining.com
Lack of news and month end selling by people needing to pay rent.
Neither
New IR firm~!
Investor Relations:
Andrew W. Haag
Managing Partner
Hampton Growth Resources, LLC
310-770-9661
Andrew@hamptongrowth.com
Elray Resources Reviews Property Portfolio as Gold Price Continues to Rise as Investors Look to Security
Las Vegas, NV – December 3, 2009 – Elray Resources, Inc. (OTCBB: ELRA), a technically-driven mining and exploration company, is pleased to provide information to its shareholders on its property portfolio as gold prices are propelled to new highs.
The Company is in the business of base metal and energy exploration and development and currently owns a 100% interest in three mining claims located in Cambodia and a 50% interest in a heavy mineral prospect on Kalimantan, Indonesia.
Additionally, the Company is well advanced in finalizing the terms for the “Heads of a Royalty Agreement” over an 8,788 ha coal property on Kalimantan Indonesia over which there is an exploration license and completing due diligence on a further “operating mine” gold prospect south of Jakarta, Indonesia.
The Company’s interests are best described as follows:
• Senator gold Project;
• Rom Dey Vein gold Project;
• Porphyry Creek gold and copper Project;
• Buntok Indonesian gold, mineral sands and zircon Project;
• Indonesian Makikit coal “Royalty Agreement” Project; and
• Completing “due diligence” on the Jakarta South operating gold mine.
The Senator and Rom Dey Vein gold deposits are identified as immediate drill targets. Geological mapping and surface geochemical sampling including soil sampling and trenching along the known strike length of both the known vein systems is being worked at to be completed prior to drilling, in order to optimize drill hole location, orientation and density. A program of bulk sampling of the eluvial gold deposits to test the thickness and grade will also be completed in the near future.
A Company spokesperson noted that, “Gold prices continue to increase and Michael Hewson, an analyst at CMC Markets, said there was 'no reason' why the gold price could not reach $1,500 by the middle of next year. “
About Elray Resources, Inc.
Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of five highly prospective, heavily mineralized mining tenements in South-East Asia. Elray Resources, Inc.'s, primary objective is to source projects, conduct geological assessments and seek Joint Venture partners to develop the properties.
Please visit www.ElrayMining.com for more information.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Actual results may differ from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks associated with gold & precious mineral exploration risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, government regulation and taxation. More information about factors that potentially could affect the Company’s financial results is included in its filings with the Securities and Exchange Commission.
Investor Relations:
Andrew W. Haag
Managing Partner
Hampton Growth Resources, LLC
310-770-9661
Andrew@hamptongrowth.com
The company won't ever go back into gaming.
GLTA
added you as an assistant :)
Xcellink Defines Mobile Payments Marketplace as It Develops Applications and Rolls Out Its Patented Technology
LAS VEGAS, NV--(Marketwire - 11/23/09) - Xcellink International Inc. (OTC.BB:XCEL - News), a developer of patented mobile payments and banking platforms, today commented on the growing marketplace for its technology as it develops its applications to interface with various smart phones including Apple's iPhone and Research in Motion's BlackBerry, and development contracts with companies such as the 3i Infotech Group of Companies, which includes Regulus Group, one of North America's largest payment processors.
Xcellink has the potential to become a major player in the next generation of customer payment systems and it now has patents in the United States, Canada, Malaysia, India, China, Philippines, ARIPO, Singapore, Australia, Vietnam, South Africa and New Zealand. This number represents over 60% of the world's population and, given the potential for mobile adoption, provides the Company with a potentially strong user base moving forward. Some examples follow.
According to TowerGroup, a financial research company, it is projected that mobile banking users in the USA will quintuple in the next four years, going from 10 million active users this year to more than 53 million in 2013.
China, where Xcellink also holds patents for its technologies, is also emerging as a very quick adopter of mobile payments. The number of China's mobile payment users reached 19.2 million at the end of June 2009, Interfax China reports, citing statistics released by local bankcard association China UnionPay. During the first six months of 2009, the number of mobile payment transactions hit 62.69 million, worth USD 2.49 billion, growing by 42.4 percent and 63.7 percent year-on-year, respectively.
And, based on gross transaction value estimates, the international mobile money transfer market is expected to be worth in excess of USD 65 billion by 2014. The report, by Juniper Research, revealed a new emerging sector for microcredits, saving accounts and insurance payments. Known as "sophisticated financial services" these services are entirely focused on developing countries where users do not have access to traditional banking or financial services or simply use alternative means of payment traditionally such as physically transporting cash, or storing cash savings at home.
A Company spokesperson for Xcellink noted, "Despite economic concerns, research is showing that consumers are wishing to manage their finances more closely and their desire for real-time access and control of their fiscal information is increasing the demand for mobile payments' technologies. The growth of mobile devices symbolizes an emerging, techno-savvy consumer market, revolutionizing many aspects of the consumer lifestyle, including mobile payments. And according to Mercator Advisory Group, more and more online storefronts are looking to increase their channel sales using mobile applications as a way to increase their reach and fuel growth as the economy moves out of recession. This provides Xcellink with an excellent base to promote its technology, both locally and globally as demand rises."
About Xcellink
Xcellink International Inc. is a developer of advanced platform-independent customer-centric payment systems and methodologies. Xcellink's patented system has the technical ability to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services in a customer-centric manner that is more efficient, economical, and secure than systems operating today. Xcellink's unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current transactions. Please visit www.xcellink.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.
Contact:
Investor Relations Xcellink
Barry Duane
Email Contact
(866) 953-XCEL (9235)
Um...they are building their software out to be iPhone and Blackberry working with 3i Infotech Group of Companies, which includes Regulus Group, a subsidiary of the global information technology company 3i Infotech, and one of North America's largest payment processors.
Regulus Group is one of the brightest stars in the payment processing industry providing statement and bill presentment services to clients in the financial services, health care, insurance, telecommunications, and utilities industries. Regulus handles about 2 billion paper and electronic transactions each year.
This should lead to clients?
Right now it's all about developing the patents into working software.
Me too. I picked up some more sub .06 and am looking forward to a Merry Christmas!
Now all we need is some news and confirmation that they will begin shipping.
If theses contracts with the Saudi's get signed, we could see some good movement again. Think that the run in September was based on contracts being signed and they weren't....
Someone bought on margin last week and got a call this week...hence the selling. I picked up more at sub .06 and am sitting pretty for the next run.
Xcellink International Adds Top Technology Executive to Board of Advisors to Devise “To Market Strategy” for Chinese Mobile Banking
Las Vegas, NV – November 17, 2008 - Xcellink International Inc. (OTCBB XCEL), a developer of patented mobile payments & banking platforms, is pleased to announce that it has appointed Mr. Dan Clayton to its Advisory Board.
Mr. Clayton is a successful Internet IT entrepreneur and investor excelling in continuous innovation in Internet applications and development. He is a graduate of Harvard University and has a degree in Computer Science. Mr. Clayton currently resides in Beijing where he heads a team of 50+ PhD and Master’s level developers who have created and developed, under Mr. Clayton’s direction, what is the leading video search technology in the world. This technology, protected by 9 patents and 18 pending patents, operates under the banner of Hong Kong based ClairNET LTD., and its Chinese subsidiary, Leexoo Corp, both of which Mr. Clayton is Managing Director and Chief Executive.
Through strategic relationships and business joint ventures, ClairNET holds one of few exclusive Mobile Service Provider Licenses (MSP) with China Mobile, the World’s largest mobile network of over 600 million subscribers enabling the distribution of content and applications over the China Mobile networks.
A Company spokesperson commented, “We are thrilled to have Mr. Clayton join our Advisory Board, and we look forward to his insight and experience in the areas of financial security, market penetration and mobile banking dominance in the Chinese market place. Xcellink is continuing to recruit top executives to its team, and is building a strong rapport within the mobile technology industry.”
Mobile banking will take off over the next 5 years with Informa Telecoms & Media predicting that in 2013 almost 300 billion transactions worth more than $860 billion will be conducted using a mobile phone, which would represent a 12-fold increase in gross global transaction values in just five years.
Informa predicts that by 2013, over 445 million mobile subscribers will be regularly using their mobile phone to purchase physical goods and services remotely. In 2008 about a third of the total of $71 billion in mobile payments and transactions was for mobile digital content, but Informa notes that by 2013 over 95 percent of mobile transactions will be for physical goods and services.
About Xcellink
Xcellink International Inc. is a developer of advanced platform-independent customer-centric payment systems and methodologies. Xcellink's patented system has the technical ability to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services in a customer-centric manner that is more efficient, economical, and secure than systems operating today. Xcellink's unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current transactions.
Please visit www.xcellink.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.
Investor Relations Contact
Name: Barry Duane
Email: ir@xcellink.com
Toll‐Free Phone: (866) 953‐XCEL (9235)
MyECheck Inc. Announces Third Quarter 2009 Results - Electronic Transaction Processor Increases Revenues for 7th consecutive quarter and continues to be cash flow positive
SACRAMENTO, CA //MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce its Third Quarter 2009 financial results for the period of July 1, 2009 to September 30, 2009.
For the nine months ended September 30, 2009, the Company reported 93% annual growth with revenue from operations of $627,434 compared to $325,892 reported for the same period in 2008. Revenues recorded for the third quarter of 2009 were $238,068 compared to $156,174 for the same period in 2008.
MyECheck processed over $39 million for the three months ending September 30, 2009 compared to $29 million for the same period in 2008; a growth of over 35%.
And the Company processed over $104 million for the nine months ending September 30, 2009 compared to $90 million for the same period in 2008.
The Company is now looking to expand its sales force and increase its marketing capabilities this quarter as outside firms are now beginning to gear up for a market recovery in the United States. Initially, MyECheck will increase its sales team and build a division in-house to maximize the revenues from new partnerships.
Edward Starrs, C.E.O. of MyECheck, noted, “MyECheck continues to grow during difficult global economic conditions, and we now feel that our services and partnerships will begin to develop at a faster pace as the economy turns for the better. We are now developing strong in-house sales and marketing tactics to capitalize on the re-emergence of growing eCommerce and increased consumer spending.”
buys are 4:1 over sells
Looks as if someone slowly accumulating here at .20 - anyone know anything?
Bid Ask moving up....
seeing lots of volume here but no real movement upwards. just wondering if there might be a short cover here?
Looks like we are starting to move back up here again.
Status: Default
Newbie here liking the structure and price
Here's a real wind power company
http://www.atlanticwindandsolar.com/