News Focus
News Focus
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RJ5

08/09/11 8:52 AM

#3946 RE: polarbear1 #3945

blah blah, ERF Wireless' first step will be to dividend up to 5% of the existing common stock in Energy Broadband to the current ERF Wireless stockholders, prorated to their ownership of ERFW stock as of THE September 30, 2011, RECORD DATE, provided they own at least 100,000 ERF Wireless common shares or preferred stock convertible into 100,000 common shares. For each 100,000 shares of ERF common stock that they own as of the RECORD DATE blah blah, blah blah.
One other interesting word PRORATED.
And yes a PR would clarify
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tenor15824

08/09/11 10:45 AM

#3947 RE: polarbear1 #3945

polar bear: You are exactly right. Got this confirmed by the company yesterday.