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Friday, July 27, 2012 10:02:16 AM
Not really sure what to make of it, without the details. But, it appears ELRA has lost their Chairman of the Board who was responsible for "leading the future development and growth of Elray." He is a promoter that was supposed to be a negotiate with the Casinos...so I don't really know how this affects all the previous PRs we have seen this year.
What I do know is that there hasn't been any major deals closed/announced since he joined Elray...so time will only tell if this turns out to be a positive or a negative.
I would hope a PR will be released today mapping out his replacement and immediate plans to move forward.
JMO.
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