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EXHIBIT 5.1
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July 31, 2002
The Board of Directors |
USURF America, Inc. |
3333 S. Bannock, Suite 790 |
Englewood, Colorado 80110 |
Gentlemen:
We have acted as counsel to USURF America, Inc., a Nevada corporation (the “Company”), in connection with the preparation and filing of a Registration Statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission under the Securities Act of 1933, as amended. The Registration Statement covers the following securities of the Company:
A. Up to 4,283,333 shares of Company Common Stock, all of which are issued and outstanding, and all of which are held by shareholders of the Company (these 4,283,333 shares being referred to herein as the “Selling Shareholder Stock”); and
B. Up to 3,125,000 shares of Company Common Stock underlying issued and outstanding common stock purchase warrants of the Company (these 3,125,000 shares being referred to herein as the “Warrant Stock”).
As counsel for the Company, we have examined the originals or copies, certified or otherwise authenticated to our satisfaction, of the corporate records of the Company and such other documents or certificates of public officials as we have deemed necessary for the opinions expressed herein.
In rendering the opinions set forth herein, we have assumed (i) the legal capacity of all natural persons, (ii) the authenticity of all documents submitted to us as originals and (iii) the conformity to original documents of all documents submitted to us as copies.
Based upon our examination of such documents, materials, certificates and information as we have deemed appropriate or relevant for the purpose of delivering this opinion, but subject to the qualifications set forth herein, we are of the following opinion:
1. The Company is a corporation duly organized and lawfully existing and in good standing under the laws of the State of Nevada.
2. The 4,283,333 shares of the Selling Shareholder Stock owned by the various shareholders named in the Prospectus filed as part of the Registration Statement are validly issued and were duly authorized for issuance by the Board of Directors of the Company at valid meetings thereof, after due consideration by the Board of Directors of the facts and circumstances surrounding such issuances, legally issued in accordance with the laws of the State of Nevada, and appropriate stock certificates representing such shares of Selling Shareholder Stock have been issued; the 4,283,333 shares of Selling Shareholder Stock are fully paid and non-assessable.
3. The 3,125,000 shares of Warrant Stock issuable upon exercise of certain outstanding common stock purchase warrants of the Company, when paid for and issued in accordance with their respective terms, will be legally issued, fully paid and non-assessable shares of Common Stock of the Company.
The foregoing is based solely on the facts stated herein. No opinion contained herein shall be construed to infer an opinion relating to any other situation, unless such opinion is stated expressly herein.
We hereby consent to the use of this opinion as an Exhibit to the Registration Statement and to the use of our name under the“Legal Matters” heading in the Prospectus forming part of the Registration Statement.
Sincerely,
/s/ NEWLAN & NEWLAN
NEWLAN & NEWLAN