ERF Wireless, Inc. (ERFB)

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Guessing that news comes out today isn't a stab in the dark...it usually comes out the morning after a 10k. However, if the news has some meat to it, (something more than the usual BS "we are pleased with blah, blah, blah ), then we should see some northerly movement.

I am interested to see what kind of revenues they can produce with the proceeds from that sold WISP. If the revenues step up like I think they can, it was a great move....fewer employees and higher revs by focusing on O&G...a strategic move in the right direction.

Arb with SLB says that something went wrong with that contract and the 800lb gorilla doesn't want to play nicely. What kind of settlement could it be? That penny stock company posted something around $10m, yeah, that would be nice.

I want to see more traction..new contracts, even if the buyer is unnamed.

The carry forward loss is going to be a bonus once the company starts earning some money...it should be a great second half of the year, rewarding in many ways.

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