Replies to post #7147 on ERF Wireless, Inc. (ERFB)

[Rich]

Financing debt? LMAO!! That's just more debt, it doesn't go away because somebody loaned them money to pay it off. Tell that to an accountant and they'll laugh their ass off.

The shareholder was slapped in the face with a bullshit asset sale that was supposed to pay off the debt. How's that working out?

[Bobk101]

Well, Financing the debt is just moving it from one place to another, hopefully to get better terms. I dont see who would want to finance existing debt. They still have to pay it off.

I dont think they will ever get anyone to lend them money to pay off the last person they borrowed money from.

I think the printing press will continue to run until the debt is retired, regardless of what it does to the share price. Then they do another RS, we are screwed again. We are watching it happen.