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):

Date of Report (Date of earliest event reported): July 27, 2015

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 3 – Securities and Trading Markets

ITEM 3.02. Unregistered Sales of Equity Securities

The registrant, ERF Wireless, Inc. is referred to herein as "we", "our" or "us".

From July 6 through July 27, 2015, we issued 4,000,000 shares of Series B Preferred Stock in exchange for $4,000,000 of debt under the Line of Credit Agreement with Angus Capital Partners. We received no additional compensation at the time of the exchange. The shares were issued at an average of $1.00 per share. The issuance of the shares constitutes 40% of the authorized Series B Preferred Stock and 100% of the issued and outstanding Series B Preferred Stock.

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

		July 27, 2015

ERF Wireless, Inc. 8-K