Elray Resources (Elray Resources) Research & Development : $0.00 Mil (TTM As of Sep. 2018)

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What is Elray Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Elray Resources's Research & Development for the three months ended in Sep. 2018 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2018 was $0.00 Mil.

Elray Resources Research & Development Historical Data

The historical data trend for Elray Resources's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Elray Resources Research & Development Chart

Elray Resources Annual Data

Trend

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Research & Development

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Elray Resources Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Elray Resources Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Elray Resources (OTCPK:ELRA) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Elray Resources Research & Development Related Terms

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Elray Resources (Elray Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Elray Resources Inc (OTCPK:ELRA) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103

Website

http://www.elraygaming.com

Elray Resources Inc is a company engaged in gambling activities. It provides marketing and support for online gaming operations. It has developed and acquired technology that provides marketing tools and customer relationship management systems for online gaming operators. Its software systems automatically decline and deny any gaming requests from within illegal gaming jurisdictions, including the United States, Hong Kong, Singapore, the United Kingdom, France, Italy, and Israel, and prevent any access to the products that it supports from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.

Executives

Anthony Brian Goodman

director, 10 percent owner, officer: President, CEO

3651 LINDELL RD STE D131, LAS VEGAS NV 89103

Elray Resources (Elray Resources) Headlines

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