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Re: Dadof3 post# 20641

Tuesday, 11/27/2018 3:22:47 PM

Tuesday, November 27, 2018 3:22:47 PM

Post# of 53471
You're absolutely right. As you know from our previous conversations I'm on board with this. The only red flag I've seen with this stock so far is this:

http://elraytech.com/aboutus.html

That is where the phone number for GMGI leads you to. I couldnt find a company contact number on their website, so I googled it. The number attached to GMGI goes back to this Elray resources. At first, I thought it was no big deal, then I did a little more digging and found this:

https://www.marketwatch.com/investing/stock/elra/insiders?pid=87164956

and

https://www.reuters.com/finance/stocks/company-officers/ELRA.PK

My biggest concern is this Elray resources could be a shell. I dont want to see this Elray resources dump millions of shares and leave us holding the bag. Now Im going to continue to hold because I dont have thousands of dollars wrapped up in this, but it is something to be concerned about.
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