ERF Wireless, Inc. (ERFB)

[eastcoast27]

CFP--we can only throw out theories as to why the bridge loan people are selling.

Maybe they flat out think that ERF is not a good investment.

Maybe they just want their cash back and don't care about investing in ERF. There is a slight difference between this one and the first.

I would assume that when the loan was made the bridge loaners had the ability to look at the details of the contract and also ERFs books. At the time they said sure we will give you money because this deal looks good and we see your potential. Then nothing really happened with SLB and the revenues never really increased and at this point they don't have the ability to get that insider look at the books and see all the potential we think is there...and hopefully will be a reality in the next 10K.

Maybe they are planning on loaning money to the company again and they think that by keeping the pps down that the next deal will involve warrants of cheap shares AND they do know of ERFs potential so they know they can make a boat load of money when the PPS takes off.

Maybe...