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Looks like ELRA on the move today.
Seems the spread has tightened up a bit. A good sign indeed. From .01 earlier to .0016 now.
If its true.....Hell yea!!!
Sweet. Its been holding 4 now for a while. I think that might be our bottom but 2's would be awesome.
Same here.....
I knew it was coming!!!
Elray Resources, Inc (OTCBB:ELRA), through its online gaming and turnkey solution subsidiary Elray Gaming, announced research upgraded based on recently announced Bitcoin Joint Venture with one of Asia's leading Social Game Developers.
Report Highlights
- Joint Venture with one of Asia's Largest Gaming Developers
- Developing Bitcoin and Universal Credit Exchange
- 80 Million Players in the Network
- 2 Management Contracts for Online Casino Operators
- 29 Million Shares Outstanding
- Valuation Target $0.30 to $0.40 ($10 to $12 million
Up 100% today.....
Hopefully tomorrow will be a much better day!!
Maybe we should get a follow up PR!!!! To make sure nobody got left out.
Doesnt seem like all the MM's are back online yet. Maybe its just me.
I agree, I think everyone gave up for the day. Tomorrow should be a good friday.
What up Smalls? Good to see you here!!!
10k x 10k
Elray Resources, Inc (OTCBB:ELRA)
Through its online gaming and turnkey solution subsidiary Elray Gaming, announces Joint Venture with one of Asia's leading Social Game Developers.
Social Game - Joint Venture
As part of its ongoing strategy to develop a Bitcoin and Credit Exchange, Elray Gaming has reached a Joint Venture agreement with one of Asia's largest Social Game operator and developer. The Asian Social Gaming Operator has over 80 Million users and is growing rapidly.
Puts a new meaning to power hour. Try squeezing a days trading into one hour....LOL
Bring it!!!!!!
Back up in time for power hour? LOL
I'm so confused......LOL
Tweets
OTC Markets Group ?@OTCMarkets 25m #OTCM system down due to connectivity issue. Working on fixing. Will keep you posted.
Lets hope they keep our news posted until then. Otherwise people may not have the interest they have today. JMO
We wait on news! Get News! Now we wait on FINRA.....What are the odds!
If the system is down how would anybody know.....
Nice news out on ELRA
Cant see them holding it down too long....Hmmmmm.....I say about 10:42
Yea, I like it.....Lets hope she blows today!!!! .20 plus
Would be nice to see .10 when this thing gets online!! GO ELRA!!!!
Just wish the system was up!!! WTF?
I'm looking for a PUT option asap!!!!!
Flip the switch already!!!!!
This is total BS! Whos running this? Obama
Ditto, I am in the same boat!!! They will get whats coming to them.
<---- NOT SELLING MY SHARES!!!!
Looks like 41k
A stock cannot stay green forever. But with the next bit of news this one will stay green for some time. Sell if you want dummies....I holding for the big ticket!!!
And the ask keeps going up.....43m plus now.
Sorry this was already posted.....Duh....Guess I am just getting old. Sorry. But still good reading.
Guess it might help if I looked first....Duh.... Sorry.
This was shared on another board:
Ludlow Places EFFI on Small Cap Plays within Gaming Market
(NEW YORK)--Ludlow Research has initiated research alerts on EffTec International (OTC:EFFI), and Elray Gaming (OTC:ELRA), as two undervalued small cap stocks involved in both online and mobile gaming sector.
Ludlow Research, a small cap equity research firm based in New York City, has added EffTec International (OTC:EFFI) to its recent research alert on Elray Gaming (OTC:ELRA), as two small cap online and mobile development companies involved in both entertainment and gambling industry.
EFFI Highlights
- YamYam Acquisition Generating Revenues
- New Chairman Strong Experience in Gaming
- Chart Showing Very Bullish Trend
- Mobile Gaming in Strong Demand
- 34 Million Shares Outstanding
- Market Cap only $700,000
YamYam Acquisition
On Oct. 14, 2013, the Company announced the acquisition of mobile developer YamYam, LLC based out of Reno, Nevada. This closed acquisition now brings EFFI revenue generation, and from initial indication possible profitability from this new subsidiary. YamYam owns the source coding, frameworks, and other related IP, which serve as the functional basis for a number of games and applications which are currently active and in-use. www.yamyammobile.com
New Chairman Gaming Experience
Tim Page, the CTO of YamYam, LLC, and now Chairman of EFFI, was also the founder and President of 5000 Ft., Inc. Mr. Page help develop 5000 Ft. into a high-quality software developer specializing in interactive entertainment products. The company had a strong history in video game production for over 10 years, specializing in casino gaming products, and made projects for such names as Cantor Gaming, IGT and Bally Gaming. www.5000ft.com
Now with EffTec, Tim Page looks to bring that well-pool of experience and know how in the gaming market to develop YamYam, and EFFI into one of the more exciting small cap gaming companies in the market.
EFFI Share Structure
As of Oct. 16, 2013, the Company had around 200 million shares authorized, of which 34 million shares were issue and outstanding, thus giving the stock a market cap of only around $700,000. Although not fully reporting under the Securities Exchange Act of 1934, the company has just complied and was upgraded to "current" status tier on OTC Markets.
Conclusion
Based on very bullish chart indicators, both ELRA and EFFI look primed to continue its climb as volume on both of these issues continue to climb. Ludlow Research has issued both EFFI a $0.10+ short-term target, with ELRA projected at $0.20+ per share.