Elray - Investor zahlt 400% Aufschlag
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Elray Gaming Finalizes a Stock Purchase Agreement With a Strategic Partner in Asia
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.
About Elray
Elray is an established Gaming entity which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases. Whilst Elray is a US company, we have a global presence with offices in London, South Africa, Sydney and Curacao, homes of the largest gaming operators, which helps us actively manage and serve our clients. Our sophisticated patented software automatically declines any gaming requests from within the United States, in strict compliance with current US law. Our Sydney office allows us to tap into skilled resources and some of the world's largest client base, for regular, personal interaction. As our active operations are in a jurisdiction that is friendly to online gaming, our clients can rest assured that we are here to stay. www.elraygaming.com
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
CONTACT: Melissa Diaz,
South Street Media, Inc
Phone: (917) 937-8968
Email: info@southstreetmedia.com
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53 tsd. cash letztes filling
400 eigentlich 500% aufschlag fuer 10 mio. aktien - also eigentlich eine uebernahme wenn man von 5.4 mio aktien aus dem letztem filling ausgeht.
Es wird zw. 0.008 - 0.009 gesammelt fuer den naechsten hype, wer frag da noch nach einem geschaeftskonzept ?? :))
Re: modrica post# 29910
Post # of 29913
ELRA:
Quote:
we are already negotiating distribution agreements with two large multinational Licensed Gaming Operators in the Asia Pacific and this will result in considerable revenues to Elray.""This is a very lucrative market, the Global Online Gaming Market is estimated at 39 Billion US Dollars and expected to sustain strong growth"
..."negotiating distribution agreements with two large multinational Licensed Gaming Operators in the Asia Pacific and this will result in considerable revenues to Elray."
Wer's mag...Verzockt euch nicht!
Some flippers just unloaded! They will chase EOD! company is buying back shares you fools! HOLD!