![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, June 04, 2011 6:28:23 PM
A1,
This is just an announcement of yet another MSA.
Further, ERFW isn't providing the "coverage," TISD with its 31 towers is. In this agreement, as with the others, ERFW is only providing its O&G clients (the few that it has) with a method to receive the broadband wireless coverage that already exists via third party providers. That is, ERFW is providing MBTs - extremely low-tech rigs which ERFW neither builds nor on which it holds any patents or other exclusivity.
A rhetorical question: Where is the value - in the satelite dish on your roof or in the content that is receives? Anyone can replicate ERFW's MBTs and not violate any patents in the process. Eventually, ERFW's wholesale internet service and bandwidth providers will realize this and cut ERFW out of the process. In this regard, I strongly suspect that all of ERFW's MSAs are cancellable with 30 days notice by either party. [Notice that ERFW nowhere mentions the terms of its MSAs.]
As for data encryption, ERFW has dozens of competitors who replicate to the same degree or exceed the data encryption provided by ERFW's CryptoVue appliance. In any case, O&G explorers do not require the same degree of data encryption that banks do. In fact, they're not required to encrypt their data at all, as banks are.
The value-added in ERFW's O&G division business model is built on sand. Its foundation will easily crumble.
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM