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ERF WIRELESS INC - ERFB STOCK NEWS

Welcome to our dedicated page for ERF WIRELESS news (Ticker: ERFB), a resource for investors and traders seeking the latest updates and insights on ERF WIRELESS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ERF WIRELESS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ERF WIRELESS's position in the market.

Rhea-AI Summary

ERF Wireless, Inc. (OTC GREY: ERFB) has appointed Dr. H. Dean Cubley as interim CEO and Chairman following the passing of Dr. John Barnett. Cubley, who founded the company in 2004, aims to re-establish ERF as a fully reporting SEC public company to enhance shareholder value. The Board plans to recruit experienced executives and auditors to assist in this transition. The company will also work to resume trading on OTC Markets after a recent halt. ERF continues to focus on exploring oil and gas opportunities through its subsidiary, Zona Resources, Inc.

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Rhea-AI Summary

ERF Wireless, Inc. (OTC PINK: ERFB) announced a correction regarding a previously disclosed reverse stock split of 10,000 to 1. Due to inaccurate advice from an external consultant, the reverse split did not occur as planned, resulting in a ten-day trading halt mandated by the SEC. The Company will provide additional updates on this situation as they become available.

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FAQ

What is the market cap of ERF WIRELESS (ERFB)?

The market cap of ERF WIRELESS (ERFB) is approximately 270.1K.
ERF WIRELESS INC

OTC:ERFB

ERFB Rankings

ERFB Stock Data

270.06k
841.28M
Communication Equipment
Technology
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United States of America
League City