Elray Resources Inc (ELRA)

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ELRA Gaming Portfolio, FOREX Trading Platform Now Live

(NEW YORK) –Elray Gaming, Inc., which is traded under the name Elray Resources, Inc. (OTC:ELRA) offers great valuation entry point based on their growing gaming portfolio.

FOREX Trading Platform

The Company recently launched its own Forex binary options trading platform called Golden Matrix Binary. This is a major development for ELRA, and with the platform now live, and taking on trades, this puts Elray Gaming into the revenue generation aspect of their business model for the first time. With the high growth rate of individuals trading Forex currencies, especially with the volatility in the Euro/Dollar, this makes ELRA primed to grab some of those nearly 24 hours in trading potential. This, South Street Media feels, makes Elray Gaming an attractive investment opportunity at these prices.

Golden Matrix Binary (GMB) is a premier binary option-trading platform, which gives clients the opportunity to trade binary options in a range of financial instruments including equities, foreign exchange (FOREX), global indices, precious metals and commodities. Many of the markets are open 24 hours a day enabling GMB to reach a global audience and thus maximizing the opportunity for clients to trade binary options. www.goldenmatrixbinary.com
Regulated by SEC of Cyprus

Through its strategic technology partnership, GMB will be regulated by the Securities and Exchange Commission of Cyprus (CySec) and uses the latest binary trading platform to give clients access to the binary options market. Coupled with our trading platform, GMB also offers news, trader tips, market commentary and a VIP service for is most valued customers.

Video Demo of Trading Platform

To get a feel of the lay-out and functionality of our new binary option trading platform you can view a video on the ease of trading binary options with Golden Matrix by going to http://www.elraygaming.com/golden-matrix-binary.html

ELRA Gaming Portfolio

* FOREX Trading Platform - the company has now gone live with their Forex binary option trading platform called Golden Matirx Binary (www.goldenmatrixbinary.com). The platform is now up and running and is generating revenues for the company as we speak. The number of current registered users trading on this platform are indicated to be in the range from 100 to 400+ users in its first month live, according to their public relations rep.

* Toolbar App - the company is currently finishing their 'beta test' phase for their toolbar app's called Crazy J Apps (www.crazyjapps.com). The first toolbar app is now live and available to download, and may have already been installed, and currently being used, by several thousand users. This product is also currently generating revenues fro the company currently.

* Penny Auction Technology - the company has acquired a Penny Auction Technology, which is a type of all-pay auction in which participants must pay a non-refundable fee to place a small incremental bid. When time expires, the last participant to have placed a bid wins the item and also pays the final bid price, which is purportedly significantly lower than the retail price of the item. The auctioneer makes money in two ways: the fees for each bid and the payment for the winning bid. These sites have been very popular, and have generated a lot of revenue for developers of these sites in the recent past.

Conclusion

Taking this portfolio into account, Elray Gaming is developing a portfolio of operating gaming technologies, and is currently live and generating revenues from these projects. With its current share price being what it is ELRA offers investors an excellent entry window for an up and coming online gaming company.