Replies to post #12622 on ERF Wireless, Inc. (ERFB)

[Penny Stocks 2.0]

I spoke to the CEO and stated the toxic convertible lenders may be heavily impacted as the shares that resulted from their conversions could possibly be cancelled and they would then be naked short and have to possibly cover large amounts of stock.

[hdsmonkey]

I know the shorts don't have shares, but if they borrowed them legally then their in the same boat as the longs. Naked shorter's didn't borrow shares so you can't get them from them. Sounds like a law suit, that would probably take years. Doesn't matter this is still a good stock to be in with everything their doing, long term hold in my opinion.