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ERF Wireless (NASDAQ:ERFB) CEO H Dean Dr Cubley purchased 25,000 shares of the company’s stock in a transaction dated Wednesday, May 28th. The shares were purchased at an average cost of $0.25 per share, with a total value of $6,250.00. Following the completion of the purchase, the chief executive officer now directly owns 26,773 shares in the company, valued at approximately $6,693. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of ERF Wireless (NASDAQ:ERFB) opened at 0.21 on Friday. ERF Wireless has a 52-week low of $0.12 and a 52-week high of $4.00. The stock’s 50-day moving average is $0.23 and its 200-day moving average is $0.80. The company’s market cap is $520K.

ERF Wireless, Inc (NASDAQ:ERFB) critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration areas of North America.

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