ELRAY RESOURCES, INC.
Raising nowOperatingSoftware & AI · Las Vegas, NV
ELRAY RESOURCES develops marketing tools and CRM software for online gaming operators, with offices in London, South Africa and Sydney. Its software blocks players from jurisdictions where online gambling is illegal. It has had no revenue since 2017 and plans to restart its gaming business.
This company has an open fundraising round.
Financials
FY2007–FY2022 (no data for FY2018, FY2019, FY2020) · from SEC filings · hover any figure for its sourceChart shows the most recent 8 fiscal years; 5 earlier years are in the table below.
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inDotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
“Today's shares” restates every price in the share terms current now, so a price before a split or an LLC→corporation conversion is divided by that event's ratio (each event is cited on the round page). Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Cap table
Share counts as of Dec 6, 2023| Class | Outstanding | Votes / share | Share of total | Last price |
|---|---|---|---|---|
| Series C Preferred Stockpreferred | 200,000 | — | 4.53% | — |
| Common Stock | 4,217,176 | 1 | 95.5% | $0.0005Dec 2023 |
| Total | 4,417,176 | 100% |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- Anthony B. Goodman234M (117209.5%) Jul 2022 → 426M Dec 2023
- Virtual Technology Group Inc.192M (96000.0%) Jul 2022 → 5.0M Dec 2023
- Brian Goodman43 (91.5%) Apr 2012 → 124 (0.4%) Mar 2014 → 791 (0.01%) Apr 2015 → 7K (0.38%) Mar 2016 → 234M (16.6%) Apr 2017 → 234M (9.55%) Apr 2018
- Michael Silverman0 (0%) Apr 2012 → 1 (0.02%) Apr 2013 → 10 (0.03%) Mar 2014 → 232 (0%) Apr 2015
- Dr. Roy Sugarman0 (0%) Apr 2012 → 1 (0.02%) Apr 2013 → 10 (0.03%) Mar 2014 → 232 (0%) Apr 2015
- David Price0 (0%) Apr 2012 → 1 (0.02%) Apr 2013 → 9 (0.03%) Mar 2014
- Shareholder7 (53.9%) Jun 2008 → 2 (15.4%) Mar 2009 → 16 (34.0%) Apr 2012
Principal holders% as the filing states it, Dec 6, 2023
- Luxor Capital, LLC192,000,000 Class B Preferred Series100.0%of Class B Preferred Series
- Virtual Technology Group Inc.5,000,000 Class C Preferred Series70.6%of Class C Preferred Series
- Jangjiu Xie2,083,333 Class C Preferred Series29.4%of Class C Preferred Series
- Virtual Technology Group Inc.500,000,290 Common Stock9.77%of company
- Anthony B. Goodman426,418,992 Common Stock8.33%of company
- Weiting Feng5 Common Stock—of votes
Sold to the crowd
- Reg A+ · Jul 2022103,773,585 shares at $0.0053$550K
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
2 peopleNames and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.
SEC filings
View all 56 filings on EDGAR- Form 253G1Jan 10, 20240001477932-24-000101EDGAR
- Form QUALIFDec 21, 20239999999994-23-000386EDGAR
- Form 1-ADec 6, 20230001477932-23-008997EDGAR
- Form 1-ZDec 4, 20230001477932-23-008917EDGAR
- Form QUALIFNov 2, 20229999999994-22-000422EDGAR
- Form 1-A POSOct 25, 20220001477932-22-007884EDGAR
- Form 253G1Aug 5, 20220001477932-22-005696EDGAR
- Form QUALIFJul 28, 20229999999994-22-000283EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.