ERF Wireless (ERFB) Deadline for Energy Broadband Stock Dividend Approaches
Last week, ERF Wireless provided investors with an update regarding the upcoming dividend consisting of 100 Energy Broadband common shares, one warrant to purchase 100 shares at a fixed price of $4.00 per share and one warrant to purchase an additional 100 shares at a fixed price of $6.00 per share. This dividend will be issued for each 200 shares of ERF Wireless common stock, or preferred stock convertible into 200 common shares, an investor owns as of September 30, 2011, up to 5% of the existing common stock in Energy Broadband. Energy Broadband, a wholly owned subsidiary of ERF…