ERF Wireless, Inc. (ERFB)

[Kronborg]

unfortnatly, I can't call at this moment, sailing in a storm between Denmark and faroe islands, anyway with all the shares outstanding 250 mill. we would have a mkt. cap. aprox 13-14 mill and with the revenue picking up, and if the speed continues with signing new deals, then this Company is still undervalued, if we could reach CFP I do believe that we would be looking back at this price and kicking our own a.. for not buying some more at low prices, but if they keep deluting 50 mill Pr. Quarter then we wont see any raise in the share price, what they should be doing in stead of just letting the shares into the market would be to make deals with institutional investors, that way it would be public what and how much they have diluted, and at the same time, we know that kind of investers "Normally" keep shares away from the market for some time, this is absolutly not bashing, because I do see great value in the company, I just don't see why the needed to flood aditonally 50 mill shares in just two month.