Replies to post #3800 on ERF Wireless, Inc. (ERFB)

[nick7771]

adideo1, you are totally missing the point of the news. They are not splitting any company off. ERFW will still be the majority owner of Energy Broadband with 95% of all the ownership and the ERFW shareholders will own 100% of what they own now. Even though Energy Broadband may go public a year or two down the road the ERFW shareholders will still own it like they do today.

My analysis of todays news is that the main advantage of the dividend is to get the two options (warrants) in the hands of ERFW stockholders and to provide Energy Broadband with enough shareholders to qualify in the future for an IPO. If you do the math any ERFW shareholder participating in this dividend does not gain or lose any ownership of Energy Broadband over what they currently own through ERFW ownership. The only way an ERFW shareholder would be impacted would be if they chose for whatever reason to not participate while all the others did so. In reality the value of the two options could range from nothing if Energy Broadband is not successful to thousands of dollars per 100 share option depending on what price Energy Broadband trades at following an IPO if they do one. Either way it looks like we the ERFW shareholders are getting something of potential value without having to spend any additional dollars at this point. Should the options become in the money later then it is a simple task to flip them for an easy cash windfall. JIMO