Replies to post #12880 on ERF Wireless, Inc. (ERFB)

[diversified holdings]

So if and when the 700 million shares gets cancelled out in the next couple weeks, your friend might be right. $1

[JDoggs_Money]

It depends on OS. If 823mil stands, then $.10 going to be good. If the 700mil or so do actually get cancelled, then $.50-$1 is possible based on company growth over the next two years. I'm still stuck on Accordant (a very good company based on DD) accepted $1 per share, makes me think more here is very possible. They wouldn't take that small of chunk of company at that PPS unless shares are getting cancelled, right? So makes me think something else is happening behind the scenes here. Not all adding up. If they can ever get filings in order, than we see $.05-.10 pretty easy I think. I'm a long term hold on this one. Still up even with sell off and no reason for it to go lower. We can verify company has revs and solid position for growth based on economy. Think this should be $.01-.02 as is. The market will tell us, but the company can help itself out by giving us some news soon. GLTU

[Penny Stocks 2.0]

$0.10+ is still a great projection. Simply put the CEO has dropped the ball. In May he stated filings are complete, ERFB already had a bad reputation and he's not doing anything to correct that issue at the moment. Filings are key!