UNITED STATES
SECURITIES EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):    December 4, 2014
 
ERF WIRELESS, INC.
(Exact name of registrant as specified in its charter)
 
Nevada
  
000-27467
  
76-0196431
(State or other jurisdiction
of incorporation)
  
(Commission File Number)
  
(IRS Employee
Identification No.)
 
     2911 South Shore Blvd., Suite 100, League City, Texas 77573     
(Address of principal executive offices )         (Zip Code)
 
          (281) 538-2101          
Registrant's telephone number, including area code
 
Former name or former address, if changed since last report: Not Applicable
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a- 12)
 
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
 
 
 
 
SECTION 1 – Securities and Trading Markets
 
ITEM 1.01  Entry into a Material Definitive Agreement
 
The registrant, ERF Wireless, Inc. is referred to herein as “we”, “our” or “us”.
 
On December 4, 2014, we closed our second lease schedule with our Senior Lender,WISPer Ventures Leasing LLC, in the amount of $1,250,435 under a $2,500,000 three-year Master Lease.

 
ITEM 1.02 (a) TERMINATION OF MATERIAL DEFINITIVE AGREEMENT

Item 1.02 Termination of a Material Definitive Agreement
 
The registrant, ERF Wireless, Inc., is referred to herein as “we,” “our” or “us.”
 
On December 4, 2014, we terminated and repaid $646,464.44of the remaining principal and interest under our September 30, 2011, Bridge Loan Agreement with Marwin Hofer, Dennis Batteen, and Brad Baloun.  The original amount of the Bridge Loan was $300,000 but over a period of time had been increased to $1,000,000.

On December 4, 2014, we paid $603,970.56 toward the outstanding balance of our October 31, 2011 Dakota Capital, Fund LLC Term Loan and restructured the remaining balance of approximately $1,300,000 with Dakota Capital Fund LLC. into a one-year interest only term loan due December 4, 2015.
 
 
 
  SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
  ERF Wireless, Inc.
 
 
  
 
 By: 
 /s/  H. Dean Cubley
  
   
Dr. H. Dean Cubley
  
   
Chief Executive Officer
  
       
       
 
DATE:     December 10, 2014
 
      
 
 
 
 
 
 


ERF Wireless (CE) (USOTC:ERFB)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more ERF Wireless (CE) Charts.
ERF Wireless (CE) (USOTC:ERFB)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more ERF Wireless (CE) Charts.