Elray Resources Inc (ELRA)

[Makamai]

In 3 short months, the O/S is almost back to pre 1:10 split levels of 56M. We have TA info as of 7/16 showing it at 38M, however on 7/17 about 12M traded so by now we must be at least at 50M. We'll know very soon what sort of moral character management is made up of by how much more of a burden they dump on their shareholders. Lets hope we've seen the end of the dilution....but I'm not holding my breath.

Makamai