ERF Wireless, Inc. (ERFB)

[roger wilco]

8K filing friday night! 5,600,000 shares issued! Merry Christmas!

http://ih.advfn.com/p.php?pid=nmona&article=64871437&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 December 13, 2014, through December 19, 2014, we issued 5,200,000 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 $0.00128 per share. The issuance of the shares constitutes 10.050% of our issued and outstanding shares based on 51,740,894 shares issued and outstanding as of December 12, 2014.

In addition, on December 17, 2014, we processed a one-time issuance of 400,000 restricted common shares to WISPer Ventures Leasing LLC pursuant to the terms of non-convertible financing previously reported in our 8-K of November 5, 2014. The shares were issued at an average of $0.0164 per share. The issuance of the shares constitutes .773% of our issued and outstanding shares based on 51,740,894 shares issued and outstanding as of December 12, 2014.