Elray Resources Inc (ELRA)

[macdwatcher1]

this elra stock was in better condition than it is now....bacl a few months ago, elra stock traded at .0001 bid and .0002 ask or it trade at .0002 bid and .0003 ask......but a few months ago, the A/S and then O/S were the same number, you coulnt dillute anymore....this current day ELRA has the same A/S of approx 5 billion but has about one billion of O/S....so current day ELRA still has plenty of room to dillute lots and lots more...thats why I keep screaming what BONEHEAD at ELRA made the decision to R/S? the just recent R/S is a complete disaster. who ever made the decision to do the most recent R/S should be fired....it completely served no useful purpose....we are exactly where we were before the most recent R/S....the only hope is for ELRA to just dump 4 billion shares of the O/S this week and put us at no bid and have a .0001 ask....then ELRA wont be able to dillute anylonger until another R/S...do you see the logic? i wanna see a huge conpitulation this week in ELRA stock..i wanna see 7 or 8 billion shares trade hands at .000048 and .0001 this week.....then we will know where we stand....no more guess work will be needed. the O/S will be maxed....then we can let the fun begin.