Elray Resources Inc (ELRA)

[DarkPool]

And I'm sure your not aware that they got denied their last attempt at their 3 reverse split in a year. No that the time has gone by their gonna reverse split it. And here is the filing of it.

ITEM 5.03 AMENDEMENTS TO ARTICLES OF INCORPORATION OR BYLAWS

On June 27, 2016, Elray Resources, Inc. (the "Company") filed a Certificate of Amendment with the Nevada Secretary of State (the "Nevada SOS") whereby it amended its Articles of Incorporation by decreasing the Company's authorized number of shares of common stock from 1.5 billion to 10 million and decreasing all of its issued and outstanding shares of common stock at a ratio of one (1) share for every one-hundred fifty (150) shares held. The Company's Board of Directors approved this amendment on June 27, 2016. All fractional shares as a result of this reverse split will be rounded up. Pursuant to NRS Section 78.207(I), shareholder approval was not required for this amendment.

On June 28, 2016, the Company filed an Issuer Company-Related Action Notification Form with FINRA requesting that the aforementioned forward split be effected in the market.

The Company has requested FINRA effect the reverse split in the market on July 8, 2016.