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Friday, October 24, 2014 6:59:37 PM
http://ih.advfn.com/p.php?pid=nmona&article=64167822&symbol=ERFB
SECTION 3 – Securities and Trading Markets
ITEM 3.02. Unregistered Sales of Equity Securities
The registrant, ERF Wireless, Inc. is referred to herein as “we”, “our” or “us”.
From October 18, 2014, through October 24, 2014, we issued 3,584,500 common stock shares pursuant to existing Convertible Promissory Notes that have all been reported on in our earlier public filings. We receive no additional compensation at the time of the conversions beyond that previously received at the time the Convertible Promissory Notes were originally issued. The Shares were issued at an average of $0.0124 per share. The issuance of the Shares constitutes 16.9% of our issued and outstanding shares based on 21,203,438 shares issued and outstanding as of October 17, 2014.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ERF Wireless, Inc.
By:
/s/ H. Dean Cubley
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