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How can you assume that order for 850K at .20 is a mm trying to cover. You make these statements as facts but that order is way more likely to be an individual trying to buy with a limit order under the current price.
All good. Hoping for a good outcome but hard to see much here.
The only thing I can not figure out is why you end your posts with LOL. There is nothing funny about this investment. Loss of capital is only part of the problem. Opportunity loss cost and the apparent fact that these guys have left with our money. 1 year of utter failure is what we are looking at. A press release is not hard to produce to update the investors on the updated plan... oh unless there is no plan. Nothing funny about this at all.
Totally agree
“you do what you want to do .i could careless ...all i care about is if this thing starts to move north ,sorry that you bought 2 million to high .”
So it appears that English is not your first language. If you could care less go ahead and do it ... I believe you meant to say you couldn’t care less, Sorry another pet peeve... that said I appreciate you allowing me to do what I want to do, thank you for the permission.
Truly incredible that you know what my cost basis is ... did you hack my account? How do you know I bought too high?
...again very funny.... "how long you been trading stocks? trust me the paint has dried...its an old saying the paint must dry before they release more news ..what plant you on? not asking you to trust me."
..."what plan you on?" are you asking me if I have a plan?
Is English you first language? If not I apologize because your written skills are much better than my second language.
Back to the matter at hand. So you are suggesting that the company will release news shortly? When will this happen?... since "the paint has dried"
Trust you?? LOL that is really funny. I have 2m shares of this... I trust know one at this point. This board has proven to be nothing more than a hope fest. Sorry to be negative but “trust me” is a pet peeve.... so far we have been suckered. There is no excuse for radio silence any more.
These questions are not directed at you not sure why you thought so... ego maybe? I have tried to get questions answered by the company but they do not respond. It would be nice if the investment paid off but until the company opporates like a real company the chances are very slim that we see any appreciable stock price increase. JMO
So if the court dates are all done what is that status of number of outstanding shares?
When does the company report and bring all filings forward?
When does the company plan on a press release?
If all legal work is done there is no more excuses for radio silence.
Think about that every day... it is so tough when you know you are in the wrong investment. You become hardened and hang on to the wrong thing. A $300K delta between investments for me. As with so many penny stocks ERF as proven to be nothing more that a pump and dump so far. Wasted capital and time in the greatest bull market of all time.
Ghost Town....
He was appointed at a temp CEO 7 months ago and no news... I went to an interesting lecture the other night that was about fraud. Almost all fraud is based on the lack of good information available to the buyer vs. what the seller know to be true. We all know it best to do due diligence before investing especially in a penny stock. Many times real solid information is replace by "hot tip" mentality.
Does this SEC document really ref 8B shares? https://www.sec.gov/Archives/edgar/data/1020646/000000000015022875/filename1.pdf
Some time??... I am an investor and I and may others I know bought into the turn around story that was being sold and confirmed by press releases etc. Accordant is now part of a publicly traded company and the year is closing out. It will be interesting to see if there is any reporting. I am not holding my breath. It would be great if the company started to act like a "normal" company but it looks like status quo for some time to come.
I know of millions of shares that would love to find a new home at less that then the 70% loss that is currently the status...
What are you talking about? No buying going on... Oh yea $835 worth
Hard... This thing is down 85% from the high which was over 12 month ago. The stock market is at an all time high. This company to date has been nothing but a mess.
little is the word... $2,435 in transactions... big deal. Much higher cash flows to get this thing to move...
Is $1,240 action... Not trying to be an ass and am still holding way too much of this but $1200 of the days volume is a non event. IMO
Buying on a percentage basses is not very much of anything. Like the percentage increase on price but 6+ million shares traded with 700M OS is a drop in the bucket. The Market cap of the company is 2.1M and it has traded $21K worth of shares over the past few days. Hardly seems like an aggressive investment trend.
Met with a thud...
Lots of shares available up to .005
Well I got my answer... Down 15% on $3.50 trading volume. This is awesome.
Who trades $32.06 worth of stock?
This is getting silly. FYI ERFB bought Accordant not the other way around. 0 volume today.
It’s not the shorts that are frustrating to me it is the lack of execution and communication from the company. That said I still hold a position but wish I had but this money to work elsewhere.
This is beyond sad. Hard to cal this more than a pump and dump at this point.
Look I bought into this story as well but I believe you are not asking any of the obvious questions.
1) ERFB is not operational now and has not filed their financials for a few years. Why? and Where are they?
2) The contact info on their web site is not valid, why?
ERF Wireless, Inc.
2911 South Shore Blvd. Suite 100
League City, TX 77573
Phone: (281) 538-2101
Toll Free: (800) 538-9050
Fax: (281) 538-2121
3) There has been no news or PRs out the ERFB for over 5 months why?
4) Accordant Communications, LLC is a tiny company run by Dan Himes who has his cell phone listed on their web site under contact. How can anyone value his company at $14M (14,000,000 shares valued at $1 per share) when the stock never traded over $0.0235 per share?
I would ask these questions and many more but THERE IS NO ONE TO TALK TO. Have you seen the Wolf on Wall Street? I know of at lease $150K of sunken capital that has missed the continued rise of the greatest Bull market of all time being tied up in this broken story. I hope to be proven wrong but I am not wearing rose colored glasses.
Kazzz3 I am totally confused. You keep posting as if ERFB was a normally operating company with employees on the payroll. You say we are here and there... This company right now is a shell with a plan to use it's stock to grow the company through acquisition... Now with a court action that could take some time this plan is on hold. So many things need to happen before this becomes a real company... IMHO
A calendar call is an occasion where a court requires attorneys representing different matters to appear before the court so that trials and other proceedings before the court can be scheduled so as not to conflict with one another. Although typically a mundane event, attorneys on opposite sides of a lawsuit will often use the calendar call to maneuver for an advantage by pushing for a time that is nearer or farther away, depending on their perception of what will be to the advantage of their client.
Very old news... volume has dropped to 0. This thing is really weak
I know a lot of people that want out and will bail by year end. Only not to the tune of $517 worth of stock. Looks like one of the upsides is to use this to offset the gains in every other stock you could have put your money in. Market at an all time high including Bitcoin... you name it... lot of better places to park money in the past 12 months. Not laughing here.
Again the court thing and shares issued is an outstanding problem that must be solved but the promise of spending and growth was the business model I was sold. Seem to also have a head wind...
" President Trump spent a good part of last week touting his campaign pledge to spend a trillion dollars to rebuild the nation’s infrastructure. But other than talking generally about public-private partnerships for those investments, privatizing air traffic control, and dismantling regulations that can delay construction, the White House has yet to put forward a detailed plan.
Washington Post reporter Mike DeBonis is covering the issue and joins me now from Washington.
Infrastructure takes a long time to building and a long time to plan. So, what’s at stake here?
MIKE DEBONIS
As you mentioned, you know, these projects are in the pipeline for years, in some cases, a decade or more. And what’s at stake is a certainty about a path forward and the longer there is uncertainty, the harder it is to plan these projects. And what we’ve seen in a lot of cases is that the Trump administration is created more uncertainty particularly seen this in the realm of public transit, but there’s also world (ph) projects, port projects, things like that, where they made moves particularly in their budget that have a lot of people scratching their heads."
The time to worry is not when the critic speaks and attacks because it means you are being talked about and the course can be corrected... It is when the interest has gone away and no one is talking... Oh and no volume/liquidity is not the best of indicators...
ACC is owned by ERFB. Prior to that deal ERFB was and really still is nothing but a shell. No way to know what the assets are as they have not filed for years.
"we know that this is real and they now own erfb"
Who owns ERFB?
The question comes up whether this is a scam or not. I do not believe this is a scam if I did I would sell at any price. It is all about executing a business plan. Kodak was a Blue Chip Dow company that went under do to poor execution. This company has proven very little in the past year and I can only hope there is some "we don't know what we don't know" in the works. Right now it seems that there is a not much of a business here outside of Accordant which seem like a well intended company. That said ACC seems to be very small.
If I thought or knew they were done I would sell at any level. At this point the risk reward tells me it is not worth selling. I hope that the company executes on the plan that I understood at the beginning which by the way had nothing to do with removing shares. Many head winds to deal with with and the execution, reporting, communication has been non-existent. Time will tell but this is far from a no-brainer. I can not find a reason right now to buy more and risk more capital until the company... if there is a company, proves to me where they are going. Right now I see nothing.
Stack? The whole day has traded under $2,000 worth of stock less than the value of 1/2 of a Bitcoin. This thing is a joke at these levels.
And back down we go...
JDOG all good points. I don’t think this is a “scam” there is just so much that could be done to opporate as a real Company. No reason to sell at these levels and am hopeful that we see a reward sometime.
So with a market cap of 1M they don’t have a current web site and seemingly have no office and no employees... no one to even answer the phone. Show me one company worth $1M that opporates like this.