Retiring
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They'll eat their own foot off, if they have to.
Got it!
Thanks Janice!
Can you PM an email to contact you?
Sorry but, I just have to share this...
The other day, I watched someone run a red light to get to the health food store.
Talk about living on the edge.
Why? Is there a section in the filings about fluff news? As far a s reading past the first page, how do you think I came up with the idea of declining revenues? Revs are past the first page.
The SP will continue to decline. Sub penny is right around the corner, it's obvious.
GL
Real business? In O&G or Wireless technology? Hard to determine exactly what business they're in. Looks like they're in the business of selling assets and shares to me.
Revenues? Declining revenues at that. A failing company.
No fluff news? LOL!! The last news they posted was just a reiteration of the 8-K filed a week earlier. That's fluff news, bud.
The SP is indicative of how well the company is executing.
Looks like this POS is headed right where it belongs, down the toilet.
Still tons more debt to be paid by the shareholder.
Sent you an email.
Per Quiros.... PhoneSuite Solutions is progressing well. We will issues Press Releases on the progress. We have been quiet due to the workload but the progress is good.
A wireless company's core assets are in O&G. Yeah, that makes sense.
what's the confusion?
I don't understand what the confusion is either.
It's a fire sale!
It's only gonna go lower. It's a last ditch effort to dump shares.
Think about it. There's nothing left to hang onto.
The CEO of ERF Wireless, Inc. sold CORE assets. It's plain to see.
There's no future in it's O&G side of the business.
It's a fire sale. Get out or get burned.
Belichick gave up on his own team. Brady is too arrogant to be a leader. The Patriots are done. No playoffs for them this year.
JMO
These are facts....all else is misleading.
Especially the outlandish idea that cellar boxing is occuring.
Let me break this down a little...
SIPC aquires KCN Capital, LLC whose sole officer is Khanh 'Keith' Nguyen.
Keith is the brother of Derek Nguyen, associated with Zenetek, Cadovimex. You can Google Derek's name and look for his pic, he likes to play guitar in a band.
Derek/Zenetek have been around the block a few times. They've recruited all kinds of friends/family to help.
He can be associated with Thu Le, CEO of Latteno, you can find her on FB. Vu 'Andy' Le, sole officer of Mekonza, also enjoys posting on FB while spending millions of dollars of shareholder's money.
SIPC is just their latest issue of "How to Run a OTC Scam."
SIPC ~ pipe dreams and a pumper's nightmare.
The BOD are in on the scam.
You're incorrect. Close but, albeit, incorrect.
KCN Capital, LLC is owned by Khanh 'Keith' Nguyen, incorporated in CA and is currently revoked...
http://www.wysk.com/index/california/irvine/tdly6ve/kcn-capital-llc/officers
Go here... http://kepler.sos.ca.gov/
Select LLC and do a search for KCN Capital.
If you're aware of KCN possibly being incorporated in another state, please provide that link.
You can't convince me I'm wrong, I've seen this group perform. It just keeps getting more and more elaborate.
As far as MMG, you neglected to mention it to the newcomer, I just thought I'd point that out.
I'm not sure if you are aware but, you left out some vital facts.
SIPP just allegedly acquired a scam company(KCN Capital) that's been involved with other scam companies like Latteno Food. Better do your DD on KCN. it's officer, and it's business activites.
Let's also not leave out the fact Minimar is involved here. They filed a SC 13-G in February of this year...
http://www.sec.gov/Archives/edgar/data/943653/000147124214000064/0001471242-14-000064-index.htm
Folks better do their DD on these folks too.
Kinda odd it was filed after the 15-12G but, there's a 10-Q, Form D, and a 8-K filed after it too.
There is lots of great SIPC Due Dilligence here
Most of the due diligence around here has been done with rose colored glasses.
It needs a catalyst. Mgmt. has been very quiet lately. I would expect a PR soon about some closed deals with PSS.
The amount of dilution here is minimal, imo, and the PSS deals would create enough revenue to where the company can pay the CDs off with cash instead of equity. Or at least lighten the load, so to speak.
An alert can come in different fashions. I'm not sure why the latest news was such a big deal, the market seems to agree.
It was just a PR about the 8-K.
Do you know why the CEO put it out? To try and pump the stock and so the note holders can sell, that's why. Classic move.
Easy to see that ERFB doesn't have the assets to pay off the huge amount of CDs so, the CEO has to find an alternative way to satisfy the holders.
I'm willing to be the OS is alot higher than most think.
Stlk has to be the biggest pos this year
Lol! And how many stocks were suspended this year? So, a suspended stock is better than STLK? I'm not gonna comment on that thought process but, LOL.
but hey, there are a massive amount of shares yet to hit the market
IYO
This turd is cellar boxed......PERIOD!
Cellar boxing is an illegal activity performed by Market Makers.
Folks, do your DD on cellar boxing before you believe this garbage.
It's down 55% since I was first alerted. I would've been a fool to buy then and an even bigger fool if I was to buy now.
ERFB will be sub penny soon due to the dilution from the current note holders.
The stock has a history of reverse splits. Once they max out the OS, they'll do it again.
They don't have the assets to cover the massive debt. Any third grader can do the math and see that.
The CEO of a wireless company tells shareholders in a CC they are going to sell non-core assets. What did ERFB do? They sold part of their WISP assets. Does that sound like a non-core asset?
Pipe dreams. ERFB is typical OTC garbage.
There's still a lot of convertibles to pay off. ERFB doesn't have the assets to do so. Shareholders will fund the rest through dilution.
Things aren't looking very good for ERFB. Down 55% from a few weeks ago. 3's should be available soon, or maybe even 2's, or 1's. Selling those assets did nothing to convince the market that ERFB is a good buy.
This is not cellar boxing, far from it. Cellar boxing is a form of the securities fraud known as naked short selling. It's clearly not going on here and it would be absurd to think so.
Dean is hustling alright. He's hustling traders.
He said he was gonna sell non-core assets. What'd he sell? Part of the WISP services. ERFB is a WISP. Sounds like the sale was a core asset. Dontcha think?
Has anybody contacted Jeff Kohler? Besides me?
No. Sorry.
I can tell you that the companies(CSG Staffing and DPSI) are in better hands.
I have been a 'self proclaimed' thorn in the side of these two companies. I have bugged anybody and everybody that I could. I'm not claiming responsibility for Nic's resignation/dismissal but, I hope I played a vital part.
He still owns shares in both companies so he's still gonna be there, essentially.
FWIW
I wish you all the best,
Rich
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If it's gotten itself involved with KCN Capital and the Nguyen Clan, then it's a scam. Do some DD on the names I posted.
As long as you know it's a scam then I guess it's okay.
With the recent change in SIPC Directors, there's a need to be concerned.
You might notice a pattern. Vietnamese people running these companies.
Keith Nguyen, Derek Nguyen, Thu Le, Nhue Le, Vu Le, Robinson To, Ken To, the list goes on.
Apparently they've added a couple more names to their clan with SIPC.
Dire situation.
KCN Capital is a scam company owned by Khanh 'Keith' Nguyen. There's nothing legitimate about it whatsoever. Him and his brother Derek have been running these types of scams for years.
SIPC is apparently in their grasp.
Still not even close to enough money to pay it off. No worries though, the shareholders can fund the rest of the payoff via dilution.
Duplicate
ERFB is selling off their assets, what kind of business can they possibly have? Oil and Gas? LOL!!
The purchase price of $2,377,000, is payable in cash
http://www.sec.gov/Archives/edgar/data/1020646/000101968714003621/erf_8k-091514.htm
http://www.sec.gov/cgi-bin/viewer?action=view&cik=1020646&accession_number=0001019687-14-003320&xbrl_type=v#
Medical Marijuana and Cancer Treatment, Breast Cancer, Lung Cancer, Chemotherapy
Even lung cancer patients can use medical marijuana-- studies show that smoking marijuana does not cause cancer.
http://www.medicalmarijuana.net/uses-and-treatments/cancer-and-chemotherapy/