ERF Wireless, Inc. (ERFB)

[Rich]

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.