$ELRA .0034 IS A MUST WATCH...I REPEAT A MUST WATC
Post# of 102244
Below is a post from a discussion board and I agree with this view.
"Looks like the selling over now,, they played this perfectly. They drove it down, all the weak hands dropped out. Mm'ss have loaded up for a multiday run. This will fly past the recent 1 day pop from a week and a half ago. Probably get a nice pr and mm'ss will let it gooooooo"
READ THE NEWS FROM AUGUST 8TH. ENJOY.
NEW YORK, Aug 08, 2014 (GLOBE NEWSWIRE via COMTEX) -- Elray Resources Inc. (OTCBB:ELRA) announced today that it has Entered into a Definitive Stock Purchase Agreement.
Elray Resources Inc., has completed the sale of 10,000,000 shares of common stock at a price of 3 cents per share. The Share Purchase Agreement has been concluded with a Strategic Asian Partner, Longma Holdings Limited. Longma is a Hong Kong Company.
As a result of the closing of this transaction, $300,000.00 in cash will be paid to Elray.
The parties to the Transaction have agreed to work together in developing Elray's Technology and Gaming business in Asia.
Neither the Company nor any of its affiliates have a material relationship with the Purchaser, other than in respect of the Purchase Agreement.