ERF Wireless, Inc. (ERFB)

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F&F... I can admit when I am wrong. I challenged you on the expenses coming in lower and they were. You were right. I sure didn't anticipate that at all. ... the margins are better.

It took me a while but I may have an idea as to why the margins changed... or more specifically why the expense dropped. My guess is that the broadband division that they sold off was labor intensive. Those revenues were replaced by revenue streams that are more efficient.

ERF is positioned to pop. It is so hard to anticipate when CFP is going to hit but from this 10Q, I'd say that CFP is right around the corner. So how many more trailers is it going to take? Is the $3m loan going to buying the equipment that puts the numbers into the black? They wouldn't have taken the loan unless they had plans for the money... right?

I am putting a big X on my calendar for EOY numbers. Q4-11 could be it ... or if it isn't, it could be really close. With this kind of growth, 2012 is going to be our breakout year... finally.


The RB board seems to be out of commission. Oh well.

Raise your ask people. It's all there in black and white.



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