ERF Wireless, Inc. (ERFB)

[Bobk101]

ITEM 3.02. Unregistered Sales of Equity Securities

The registrant, ERF Wireless, Inc. is referred to herein as “we”, “our” or “us”.

From January 24 through January 30, 2015, we issued 46,297,984 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 $0.000628 per share. The issuance of the shares constitutes 32.845% of our issued and outstanding shares based on 140,960,773 shares issued and outstanding as of January 23, 2015.


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


Dr. H. Dean Cubley


Chief Executive Officer



January 30, 2015