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PLEASE READ THIS!!!!!
On December 12, 2014, the Company's Board of Directors approved a reverse split of the Company's authorized, issued and outstanding shares of its common stock, par value $0.001, at a ratio of 30:1, such that every 30 shares of common stock becomes 1 share of common stock, which reduced the number of authorized shares of its common stock from 8.29 billion to 276,333,333. Shareholders holding a majority of the voting stock voted in favour of the amendment to our Certificate of Incorporation to effect the reverse stock split of thirty-for-one on January 15, 2015. All share numbers or per share information has been presented given the effect to the reverse stock split. On March 3, 2015, the authorized number of shares of common stock was increased to 5 billion.
WARNING: DO NOT BUY THIS POS!!! IF YOU DO YOU WILL LOSE YOUR MONEY!!!
Where is the split?
I still have the same number of worthless shares I had a week ago!
Elray Gaming – Increasing Revenues
Source: InvestorsHub NewsWire
Elray Gaming – Increasing Revenues
NEW YORK, NY - December 18th, 2014 - InvestorsHub NewsWire - Elray Resources Inc. (OTCPK: ELRA) trading as Elray Gaming announced that gaming revenues in the Playtech casino Golden Galaxy have experienced excellent growth for the month of December.
Brian Goodman, CEO stated that, "The results are very encouraging and when comparing Decembers results to the same period in November all number were up considerably. Wagering is up 36.4% and New Players Registering is up 9.7%. The Online Casino has 19,630 registered players that have played over 13 million games and have wagered over 14 Million USD.
This positive trend is in addition to our excellent performance in the Live Studio Casino Operations in Asia and we expect to maintain this positive momentum in the months to come.”
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, Sydney and Curacao, homes of the largest gaming operators, which helps us actively manage and serve our clients. Our sophisticated patented software automatically declines any gaming requests from within the United States, in strict compliance with current US law. Our Sydney office allows us to tap into skilled resources and some of the world's largest client base, for regular, personal interaction. As our active operations are in a jurisdiction that is friendly to online gaming, our clients can rest assured that we are here to stay. www.elraygaming.com
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.
Contact:
Elray Gaming
Email: info@elraygaming.com
I think everyone feels the same way!
To think we all could have bailed @ .002!
Happy Thanksgiving you guys!
I hope you all make BANK next week!
You too!
Happy Thanksgiving and
Let's make BANK next week!
Looking at the L2 ELRA could EASILY close today in the green.
It might've hit .0008 but I bet you couldn't get any!
Smile if you're able to get .0009s
.001s are still an awesome position!
GLTY ZOO! Grab the cheapies!
The word for the day is GREED!
Hooray for greed!
Without it no one makes money!
ELRA is the goose who lays the golden egg.
They are NOT about to kill the goose.
They are way too greedy to let that happen!
They are going to prop this up again!
You can take that to the bank!
They can't dilute unless they do!
Perceived value sells shares.
The next PR will prove it.
ELRA all the way folks!
After each downward slope there is a short period of churning and then a nice burst of energy upwards.
Each period of downward direction is shorter in duration before the churn and each churn is shorter before the next upward trend.
This week could be the start of the next upward trend if the pattern holds true.
Look up at that chart.
Anyone seeing the trading pattern?
It could get giggly around here Monday morning!
Hold on! GLTA!!
I agree with that sentiment of trust.
I don't think there is one penny I would ever totally put my faith in.
I could be happy with .01 before a r/s if that were to happen.
Although even then that might not happen.
GLTY!!
Yeah I think everyone should enter their BID at .0003 so we can all get cheap ass shares that can be worthless for the next year or so.
Why would anyone ever hit the ASk?
And people wonder why we have been churning in this range?
Frankly I hope we open at .0012 and never look back.
All the BID sitters can chase till the cows come home!
GLTA!!
From the filing
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form D N-SAR or Form NCSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
Hope that helps :)
Just popping in. Looks like dilution is history!
Maybe we finish green?
Tomorrow we just might start the trek back up the mountain!
Go ELRA!!
Make us BANK!!
Hey Phin I missed the whole day. I will probably miss the whole week! I will be looking for updated at the EOD
Damn diluters!
Hey better now and get it over with before the NEWS RUN!
I haven't been here that long but my experience with ELRA is when the dilute they open the flood gates!
Today's volume didn't indicate much on the order of dilution.
I just think traders got tired of waiting for news and started the selling.
Looks like it leveled off.
The sun will rise tomorrow.
At least I know I'm right and have a good reason.
Would love to hear your TA.
Not surprised by todays events.
Out of touch all day doing an OSHA safety course
kept me from checking in.
Looks like not much happened.
The small drop from .0014 to .0012 isn't that concerning to me.
We all know how volatile this will be when NEWS hits.
Still holding.....and waiting.
GLTA....Lets make BANK!
Conclusion: ELRA is making a highly explosive move up out of sub penny land on record breaking volume after the enormous news from the Company that wagering in one of its JV Licensed Live Dealer Casino Facilities in Manila has already surpassed 10 Million USD for the month of October.
News on this scale cannot be digested by the market in a day or 2 and usually is the catalyst for long term runs that thrust these bb’s into a whole new stratosphere! Currently trading at a low market valuation significantly under a million ELRA represents a highly compelling technical setup that still trades very close to its historical lows.
The recent news coming from this Company is nothing short of spectacular. At the same time ELRA is quickly developing the type of loyal following that can drive these pennies skyward. All this makes ELRA a stock to watch and might just provide a spectacular trade opportunity in the weeks and months ahead.
How low would that have to be for you to get back in?
Slapping the ASK
Or will you sit waiting?
7 MMs on the BID @.0012
5 MMs on the ASK @.0014
Really?
Looks Like Bounce Time is Coming!
Over 8 Million shares on the BID
and only 2+ million on the ASK!!
BID sitters want to kill any chance of a rally
If as many traders hit the ASK at .0014
as there are sitting on the BID at .0013s
No one would be bitching!
This thing would be going UP not DOWN!!
I hope NO ONE gets their BIDs filled at .0013!!!
CDEL and ETRF keep increasing the BID support
After all this "PANIC" we are only down .0001
FIVE MMs on .0014 BID
THREE MMs on .0015 ASK
Locking and loading is right!
Great point Big Gains!
Today is going to be our opportunity to load as the pps
should remain low throughout the day.
Those retail flippers will be playing right into the MMs hands.
I doubt we get this kind of opportunity on Monday.
Things happen pretty quickly around here after dilution.
They diluted the hell out of it today but as usual volume sucked it all up and we return to normal lunacy tomorrow:)
Only if you can handle the adrenaline rush
Once news is posted and your account swells!
Slap porky silly!
ELRA!!
Relax. Sheesh.
If you have never been here before
I will calm your fears.
Traders are flipping.
Easy as that.
Have you seen this rocket ship
After a news posting?
Well you are going to experience that very soon.
You will recover from your anxiety.
Feel better soon :)
ELRA!!!
Wow flippers paradise!
HIGHER LOWS every day!
Go ELRA!!
Jump in now folks!
THIN @ .0021!
Look at the chart.
Do you like what you see?
I knew you'd feel better ??
Higher lows!
Chart is setting up!
It would be nice if all those
weak hands were holding .0007-.001
Nice base here for a long run.
Im amazed by how well ELRA is doing
WITHOUT NEWS!!
Oh man! Those lucky enough to
LOAD UP down here are gonna
CASH IN BIG TIME!!!