ERF Wireless, Inc. (ERFB)

[ars_2014]

WISPer Ventures Leasing, LLC will hold a Senior Lender position and will file a UCC1 on all of the Company's assets not already encumbered.

ERF Wireless reported a net loss attributable to the Company of
$7.26 million in 2013, a net loss attributable to the Company of
$4.81 million in 2012 and a net loss attributable to the Company
of $3.37 million in 2011.

The Company's balance sheet at June 30, 2014, showed $3.59 million
in total assets, $11.69 million in total liabilities and a
$8.10 million total shareholders' deficit.


BRING OUT THE FAT LADY.....EMPTY SHELL WILL LOSE ALL ITS ASSETS TO ARIZONA LENDER.

BYE BYE LOSER CUBLEY & CARTER.