Articles/Opinions

Elray Gaming announces that it has concluded a definitive agreement to Acquire Golden Match, a Macau Gaming Company

Posted on May 4, 2012 by Dana Salvo

ELRA NEW YORK, May 4, 2012 — Elray Resources Inc. (ticker ELRA.OB) announced today that it has entered into an agreement to acquire all of the outstanding shares of Golden Match, a company incorporated in the British Virgin Islands, following a letter of intent which was signed on March 22, 2012.
Golden Match is an investment holding company. Its principal business activity is to hold a profit share agreement with a VIP Room Gaming Promoter, under which it receives 80% of the profit stream from the Promoters. The Promoter currently participates in the promotion of many, major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world.

VIP gaming operations in Macau consist of VIP rooms that cater exclusively to high-limit Baccarat table games. Baccarat is the largest source of gaming revenue in Macau, Gaming Promoters in Macau have historically maintained the majority of VIP customer relationships. The Promoters secure VIP rooms through agreements in which they receive either a commission on turnover or a percentage of the casino net gaming win or loss on a pre-gaming tax basis.

About Golden Match:

Golden Match is a company that has negotiated a profit sharing agreement with CALI Promocao de Jogos Sociedade Unipessoal Lda. (CALI), a company duly incorporated under the laws of the Special Administrative Region of Macau.
CALI promotes Casinos in Macau SAR, pursuant to a license issued by the Gaming Inspection and Coordination of Bureau of the Government of Macau (DICJ).

With immediate effect Mr. Lao Sio I. is appointed Chairman of the Board of Directors with Brian Goodman remaining as Chief Executive.

Upon signing the agreement, Mr. Lao Sio I. commented “I am excited to be part of this new venture which will enable us to take advantage of exciting growth opportunities specifically in Asia and the benefits provided by Elray will enable me to exponentially grow the gaming business. Macau has become the Gambling Capital of the World and continues to grow at a rapid rate, new casinos are opening, existing ones are expanding with more and more people visiting Macau, we will now be able to pursue these opportunities.”

Brian Goodman, current CEO stated that “Elray will now be well positioned to develop and grow as a gaming entity internationally. The Macau opportunity together with the US listing will enable the company to raise growth capital, acquire other gaming promoters in Macau as well as in other jurisdictions and create a profitable company, creating enormous institutional worth whilst aggressively increasing the brand value on a global scale returning excellent returns for shareholders, overall an excellent result for Elray shareholders.” Read the rest of this entry »

Elray Gaming (ELRA)

Posted on December 27, 2011 by Jennifer Romano

ELRA Chart Elray Resources OTCQB: ELRA

Current Price: .0139

Elray gaming was formed in 2011 when a group of well established and successful Online Casino marketing specialists identified an opportunity: the market need for legally compliant, professional and qualified consultants to effectively manage, market and operate Online Casinos, Financial Products, Bingo Rooms, Social and Fantasy Games.

Research ELRA
www.elraygaming.com

ELRA gaming operations are based in Sydney, Australia. The company is managed by its online gaming founder, Brian Goodman, and gaming operations are carried out by a multi-lingual team of gaming professionals.

ELRA has offices in the USA, London, South Africa and Mauritius and has support facilities in Israel, Curacao and the Philippines.

ELRA is a developer of turnkey gaming products, and is currently developing a host of social networking and mobile applications for the investor community.

ELRA is in the process of launching a Joint Venture product with one of the world’s largest global financial service providers and will provide a financial trading platform offering real money financial service trading facilities (non USA) as well as a Fantasy Trading / Social Networking products in Stock, Options and currency markets.

ELRA will offer both web and mobile-based FOREX trading platforms to take advantage of the increased interest in currency trading from around the world. The Company will look to develop these platforms to comply with both local and international regulations.

ELRA will launch a suite of products aimed at capitalizing on the rapidly growing Social Network and Fantasy Markets. All products will be accessible via the web as well as smart phones, and will allow a network of active investor community. These products will provide Elray Gaming an additional growth component in its online gaming portfolio, and develop an active network of customers interested in the financial markets.

ELRA currently manages a comprehensive range of online gambling products including branded Online Casino’s and a Bingo room. Internet casinos and Bingo rooms are online versions of the traditional land-based casinos. Online casinos allow gamblers to play and wager on traditional casino games as well as play Bingo via the Internet.

According to Global Betting and Gaming Consultants (“GBGC”), the global gaming market, excluding the U.S., is expected to grow to approximately $13.9 billion per year by 2012.

Internet gambling revenues for offshore companies was estimated to be $5.9 billion in 2008 from players in the United States and $21.0 billion from players worldwide, according to H2 Gambling Capital.

The Unlawful Internet Gambling Enforcement Act of 2006 (“UIGEA”) became U.S. law in late 2006 and effectively curtailed legal participation by U.S. players in online gambling.

As a result of the passing of the UIGEA, many online gaming companies had to shift their business models to prevent U.S. player participation. Complying with online gambling law requires sophisticated Internet and financial compliance techniques and many companies were unwilling or unable to comply.

A number of companies have been unable to overcome the technical and financial challenges caused by the passing of the UIGEA with the result that they have been unable to replace lost revenues to the extent necessary to be viable operators.

As a result, opportunities exist for acquisitions and joint ventures by the compaies such as ELRAY GAMING that are scalable and set to comply with U.S. online gaming laws.

For smaller operators, the passing of the UIGEA effectively curtailed many operations as they were unable to make the transition to an off-shore dominated clientele. Elray Gaming believes that this has created opportunities for growth by acquisition and joint ventures.

The activity of these sites could easily be absorbed into the operations of ELRAY GAMING without a significant proportional increase in costs. Additionally opportunities exist in acquiring operators currently using ELRA for management of their gaming operations.

ELRA Managed Brands

ELRA

Based on our research and the company’s recent increase in revenue projections, The Stock Wizards believes ELRA could be a dominating force in the Online Casino space and we encourage our subscribers to keep ELRA on their radar! Read the rest of this entry »

Is There a New Bull Market In Penny Stocks HHWW, WLOC, FCPG, NENE

Posted on December 9, 2010 by Dana Salvo

Is This a New Bull Market in Penny Stocks?

Watching the trading action in penny stocks over the last 30 days makes you wonder if we are starting a new bull market in penny stocks.

Heavily promoted stocks like FCPG, HHWW, NENE, WLOC made some very nice moves recently and have even forced short short-sellers to rethink their strategies.

While analyzing the penny stock market on a daily basis TSW has been amazed at the liquidity that is currently in this market! The amount of stocks that we see trading with heavy volume has not been seen in this market for a very long time.

There appears to be a New Generation of Penny Stock Traders Hitting The Small Cap Market, and this happens from time to time. We have seen this phenomenon of these kinds of cycles over the last 15 years that come and go with penny stocks. Read the rest of this entry »

#1 Reason People Fail Trading Penny Stocks

Posted on July 14, 2010 by Dana Salvo

How do you know when a penny stock is undervalued or overvalued? If you are new to penny stock trading this is very important. The difference in your timing of getting into a penny stock can be either huge gains or huge losses. Thestockwizards.net prefers the huge gains.

What we are going to do today is look at a few examples so you understand when you should be getting in a stock or getting out of a stock. We are talking about penny stocks not big board stocks in these examples just to make that clear.

Let’s use some examples of penny stocks that made huge gains in 2009. This was a year of biotech, medical equipment and pharmaceuticals in the penny stock arena. So the stocks we will use are from these sectors.

The first stock that we will talk about is the one that could’ve made us all rich and well-off, if we just had 20-20 hindsight.

VRMLQ: This is a stock that was a life changer for a few traders in the penny stock world. The stock went from .05 to as high as $23, that’s right $23. Now you are wondering what made the stock go so high Read the rest of this entry »

Fannie Mae, Freddie Mac, and Blockbuster are now Penny Stocks

Posted on July 11, 2010 by Sandy Whitman

Boca Raton,FL July 11,2010 Penny Stock Traders have been busy lately as Big Board NYSE stocks (OTC: BLOKA) , Blockbuster, (OTCBB: FNMA), Fannie Mae (OTCBB: FMCC) Freddie Mac have become fallen angels.

These 3 companies could not have picked a better time to enter the over-the-counter market. With small-cap stocks in the summer doldrums, traders and investors have been complaining about how slow it’s been the last couple weeks. Since being delisted, Blockbuster, Fannie Mae, and Freddie Mac have been top volume leaders in the over-the-counter market. All of a sudden traders have something to talk about again. These 3 stocks seem to be providing some nice liquidity for day traders and investors. Read the rest of this entry »

Tips for Creating wealth from Penny Stocks

Posted on June 4, 2010 by Dana Salvo

Penny stock investing has always been regarded as an investment opportunity for “everyone”. The ratio of investment and the return on investment (ROI) play a significant role in attracting bulk investment in penny stock companies. As a first time investor, many people are unaware of the leaps and bounces that a penny stock market has to offer. Things like risk management and company research are new terms for a novice penny stock investor. At times, day trading in penny stocks offer high volatility, which makes trading a heavy task for some investors and traders. Here are some tips that could help you out with making a sound investment decision in penny stocks.

Volatility Factor: Penny stock markets at times can be very volatile. The day highs and lows may show great differences. You might see your investment rally 100% one day then loose 50% the next. So, always make sure to book profits if you are not sure about the fundamentals of the penny stock company.

Research: Doing a bit of research before deciding on the penny stock portfolio is the key. Try and make sure to add those penny stock companies to your portfolio that have a strong foundation and great fundamentals. Keeping the volatility factor aside, such penny stocks are expected to give you good returns in the longer run. The management research or the order research of the company is also a good idea. Make sure that you also do a bit of debt research of the company in detail. These research tools always help you in understanding where the penny stock will stand over a specified period of time.

Hold your Penny Stock: It’s not every day you’ll find a stock to invest in. As a matter of fact, you’ll no doubt discard a hundred or more for every good investment you find. Once you find a good one hold tight. The penny stock instantly may not begin to show profits but good news about the company may always trigger a rally in the stock.

Investment Planning: Planning your investment is the key to the success of your investment. Make sure to invest a specified proportion of your earning into penny stocks. This leads to better risk and investment management.

I hope these inputs help you understand the methodology of investing in penny stocks.

The Stock Wizards is a leading stock advisor providing research based penny stock quotes. For more information log onto: http://thestockwizards.net/

Rules adopted for profitable trade in penny stock companies

Posted on by Dana Salvo

Penny stock investment is a fast catching trend in America and many parts of Europe. With a low cash investment opportunity and a high level of return on investment, penny stock companies have become the hot choice for modern day investors. Penny stock companies offer high volatility stocks, so as a penny stock investor, it is important that you follow certain golden rules. Here are some important rules you can follow while investing in penny stock companies.

Day Trading: Intra day trading of the penny stock is regarded as the safest method of investment in penny stock companies. You are advised to book profits on the day of placing orders. This eliminates any chance of booking losses on the carry forward orders due to the factors that might be beyond your control.

Management Research: This is again very important. You need to do a thorough research of the management of the company. This helps you understand the foundation of the penny stock company you are willing to invest in. The balance sheet, and cash flow statements of such penny stock companies may not look as good as some of the large cap stocks, but they have value to offer through sound management with experience who can lead them to the next level.

The Exit Strategy: As a penny stock investor, this is a golden rule you must keep in mind. Always know your exit strategy before you enter in a penny stock company. Also, know when to book profits or cut your losses before you enter the position. This is usually a more difficult mental commitment to make.

Be Volume Conscious: Be conscious of the number of shares trading hands everyday. This can drastically affect whether or not you can actually buy or sell shares. Having large volume will help you enter and exit your positions more easily. Look for average volumes over multiple days, as a single day of heavy trading could be the result of a large buyer/seller.

The Hype Machine: Hype always plays a role of misguiding an investor in any market. Same is the case with penny stock investment. You should always keep a check on the viability of the newsletters issued by various penny stock companies before you decide to invest. The parameters of your decision-making will vary depending on whether you are day trading or long term.

I hope these inputs provide you relevant information on making an investment in penny stock companies.

The Stock Wizards is a leading penny stock advisor providing quotes and calls on investing in penny stock companies. For more information log onto: http://thestockwizards.net/

Small Cap Traders & Investors Beware of the Rat Pack Market Makers: Possible Short Squeeze in KATX

Posted on May 30, 2010 by Dana Salvo

In The Fall of 2009 when Bio-Tech Penny Stocks were dominating the market, The Stock Wizards had noticed a certain group of market makers working together to bring down certain OTCBB stocks. This Group of market makers is as follows: CHDN SSGI NOBL PUMA and STXG.

We have labeled this group of market makers as the RAT PACK. We’ll use another term for these market makers “Gang Bangers”. They look for Penny Stocks that have very high Market Caps. TSW noticed this week that the RAT PACK has an interest in a penny stock called KAT Exploration – KATX on the pink sheets. (See level 2 Example).

Read the rest of this entry »

Information Is The Most Valuable Commodity When Trading Stocks

Posted on May 4, 2010 by Dana Salvo

So you want to get into the game of day trading stocks? Whether you’re a rookie or veteran of the stock market, The Stock Wizards encourages traders and investors to look for stocks with forward-looking events. What is a forward-looking event? A forward-looking event is when a company announces publicly through a press release that there will be some kind material event that will affect the company in the future. Another way of looking at it is using the term Catalyst.

How do we find such companies? We gather as much information about a company as we can before investing our hard earned money. Information is the key word here. Remember Michael Douglas’s famous quote from the movie Wall Street? “The most valuable commodity I know of is information, wouldn’t you agree?” And let’s not forget the high tech society we live in today. Information is right at our fingertips so there are no excuses for not doing the research. A little research goes a long way when searching for companies with forward-looking events. Read the rest of this entry »

Where To Invest $1,000 Dollars: Options, Futures Or Penny Stocks?

Posted on April 4, 2010 by Dana Salvo

I have $1,000 to invest. Where do I put it? Where can I make the most money in a short period of time?

Getting started in the business of day trading can sometimes be tough due to limited capital. However, most people can usually scrape up $1,000 to get started. The big question becomes where do I invest that $1,000 and how can I maximize my gains. You have several options. Let’s talk about where you could potentially invest your $1,000 and make it grow over a time frame of 12 to 18 months.

Consider the most common highly leveraged trading vehicles that are in the financial market place today. Read the rest of this entry »