Replies to post #2810 on ERF Wireless, Inc. (ERFB)

[adideo1]

Great point... if some sort of settlement is happening then DC sees it as a long shot, based on Friday's bomb.

Trading today was better than I figured... but we aren't out of the woods yet. With the newly authorized and RS potential risks, the stock price will move up at a discount, if and when real news hits (today wasn't real news... today's PR was an indirect comment from our CEO that translates to "trust me, everything will be ok"... problem is we have heard it for too long without proof.) but I was saying if and when real news hits, the stock will constantly remain under valued... even with earnings, it will never command the proper PE with Friday's bomb factored in. As long as the threat of new issue is there, the risk of dilution is real. I'd hope that the RS will be a non-factor or behind us by the time the company is showing real earnings.

Long term holders have less to worry about,... other than the stock isn't as attractive to more types of investors.

No matter how you slice it, February wasn't anything to cheer about.

ERF has $3M to fund higher margin revenue producing assets... and it sold some WISP biz... January was better as far as its percentage increase.

March is finally here and that means the 10k will be here soon. I don't expect it to be CFP... I am looking for the jump in EB's revenue to be the green light that has been long over do. Total rev for Q3 was $1.5M.... I am hoping for a double here... anything over $3M would be a sight for sore eyes.

Peace.

A1

[tenor15824]

I think that too much attention is being put on the increase in the number of shares being authorized.

If the company is growing in leaps and bounds as indicated in the press releases the additional shares will give it plenty of wiggle room to finance the expansion if that becomes necessary. If they get the 10M settlement the price of the stock SHOULD go up some and with additional income from the expanded network the cash position should improve and hopefully to the point that they may not need a huge r/s.

But I said months ago, not on this forum, a reverse split for a company with this many shares out, and considering their income up to this point is inevitable. It's just a matter of when it will happen and how big the r/s will be.