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Websky, Inc (WKYN)

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Last Post: 2/3/2014 10:10:28 AM - Followers: 14 - Board type: Free - Posts Today: 0

Introduction

WebSky is a developer and operator of wireless broadband services over licensed frequencies in underserved markets in international emerging markets.  Currently deploying the most advanced wireless broadband non-line-of-sight technologies for the delivery of high speed, interference free, secure wireless internet service, WebSky is further positioned top evolve any pre-existing deployments and develop new deployments incorporating the rapidly developing international standard of WiMAX.

Company History

WebSky, Inc., (“WebSky” or the “Company”), is a Nevada corporation, founded in 2004, with its principal offices in San Francisco, California. It is a public company, currently trading under the symbol WKYN.PK.
The Company has been pursuing a successful strategy of acquiring rights to valuable 2.5GHz wireless frequencies in emerging markets around the world at little or no up-front cost.

WebSky’s Business


In Latin America, where the Company has concentrated most of its efforts, WebSky recently entered into agreements to acquire majority interests in Infotel Argentina, S.A., (“Infotel”) and Callbi S.A., (“Callbi”) two telecommunications companies based in Buenos Aires, Argentina. The acquisitions will give WebSky control over 42MHz of valuable 2.5GHz wireless spectrum in the highly desirable Buenos Aires metropolitan area market, along with the rights to provide telephony services in that market.

The licenses are currently approved for commercial use by the Argentine telecommunications authorities and are in the process of being transferred to WebSky Argentina, S.A. (“WSASA”), a wholly owned subsidiary of WebSky, Inc. organized under the laws of the Republic of Argentina.

WebSky’s successful regional emerging markets spectrum acquisitions strategy, combined with the market’s increasing realization of both the importance and value of spectrum, has created a unique asset. In addition to the Infotel and Callbi acquisitions, WebSky has a 27% ownership interest in an operating wireless company in Peru, and is actively pursuing complementary frequency acquisitions and joint venture relationships in Argentina and elsewhere in Latin America.

The Company’s primary focus on this market, along with its early focus on emerging wireless technologies and its existing frequency assets, make it an attractive platform for growth in the rapidly expanding Latin American telecommunications services market.

Global Overview

WebSky’s business model incorporates a regional strategy. Its major emphasis is on Latin America and, more specifically, South America. Negotiations, preliminary agreements, and demographic and regulatory studies are either underway or executed for a number of markets in that region.  Among the countries for which these activities are underway are Peru, Bolivia, Chile, Paraguay, Uruguay and Brazil.  WebSky has made significant progress in several of these markets, such as Buenos Aires, while in the others the Company is in early-stage negotiations.  WebSky also owns 27% of an operating wireless company in Peru.

In addition to its South American regional focus, the Company has pursued a similar regional strategy in South and Southeast Asia.  WebSky has entered into a joint venture agreement with World Wide Wireless (India), which owns license rights to several medium and large cities in that country, and an existing Memorandum of Understanding for the development of a WiMAX project in Indonesia.  The Company is also in advanced discussions related to projects in Cambodia, Thailand and Vietnam.


http://www.websky.us/aboutus.php

 

NVSOS status is REVOKED http://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=xgFddcXkY0uviSd34U9%252bfQ%253d%253d

 

Don't have much to go by for SS since there are no filings available

I will e-mail the company to see if I can dig up some more info

-hanibal

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#692   WKYN: Suspended by SEC sidedraft 02/03/14 10:10:26 AM
#691   0.0038 +0.0023 (+153.33%) 0.0023 x10,000 0.0038 x26,000 0.002 theDolphin 07/12/13 02:47:18 PM
#690   hope so ++ theDolphin 07/12/13 01:28:09 PM
#689   Yes was hoping for a little rise. Got glens0 06/21/13 11:06:57 PM
#688   wrong way ! luvpink 06/21/13 04:23:40 PM
#687   WYKN Going over .01 today glens0 06/21/13 08:29:58 AM
#686   Moving today. Caveat Emptor 06/20/13 02:31:16 PM
#685   in theDolphin 06/20/13 02:29:35 PM
#684   WKYN .01 http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=wkyn SuperC 06/20/13 02:10:05 PM
#683   WKYN .0055 Have you held a few, WebSky SuperC 06/18/13 04:09:25 PM
#682   hmmmm... MrMiyagi3000 05/05/11 12:15:57 AM
#681   Playing games I guess... Yosako 03/22/11 01:19:22 PM
#680   Someone bought up nearly $1000 worth of this! Yosako 03/17/11 05:22:13 PM
#679   Yes. If you try to enter it directly, Yosako 03/16/11 08:52:20 PM
#678   Which website? This one??... The Original dpb5! 03/16/11 08:15:12 PM
#677   I managed to buy some a few days Yosako 03/16/11 08:15:16 AM
#676   Prolly only Daniel Haffer is buying shares, hoping The Original dpb5! 03/16/11 12:59:05 AM
#675   It keeps trading but ... by who? Yosako 03/14/11 06:24:45 PM
#674   Wow! A whooping 100 share print. Yosako 03/11/11 03:11:09 PM
#673   I wonder why NVSOS status is still 'Revoked' Yosako 03/02/11 06:43:47 PM
#672   Volume has unexpectedly risen from what it was Yosako 03/02/11 12:12:47 PM
#671   Bashing based on old news...if the stock was Yosako 02/13/11 09:33:35 PM
#670   Very interesting followup... The Original dpb5! 02/11/11 01:12:23 AM
#669   Yep, I just clicked on those links and The Original dpb5! 02/11/11 01:08:26 AM
#668   Don't believe in this one.. this is just The Original dpb5! 02/11/11 01:02:06 AM
#667   I was "lucky" (well, time will say if Yosako 02/10/11 12:14:10 PM
#666   It certainly seems as if it can pop ThreeF21 02/10/11 09:01:26 AM
#665   Yep, I noticed that - it's good sign! Yosako 02/10/11 07:55:28 AM
#664   Got in quick. 50k loaded@$0.002! Yosako 02/10/11 07:53:43 AM
#660   Website seems to have been updated this year ThreeF21 02/09/11 02:41:44 PM
#659   WKYN... this one is interesting to me... down ThreeF21 02/09/11 02:41:29 PM
#658   strange yes amadeus 12/28/10 12:20:14 AM
#657   That HAS to be a Wall Street ERROR! The Original dpb5! 12/27/10 11:27:31 PM
#656   2316% today, on 106,400 volume? amadeus 12/27/10 09:11:42 PM
#655   got in swts??? spfm??? cheech 1948 07/21/10 06:27:05 AM
#654   How much of a move and what kind num1inv 07/20/10 08:58:22 PM
#653   this stock is on the move very shortly.. imo cheech 1948 07/20/10 02:43:52 PM
#652   COURT AWARDS SEC OVER $642,000 FROM DEFENDANTS IN scion 01/27/09 09:29:33 PM
#651   Can anybody tell me whatever happened to WKYN? The Original dpb5! 11/07/08 10:10:51 PM
#650   Hey Joe, The Original dpb5! 10/16/07 02:03:12 AM
#649   Good By Web Sky Hello SeoSmith MSN Review!! JoeBlack 10/14/07 12:13:40 PM
#648   Sold rest of mine, all out. harr449 12/08/06 08:24:18 AM
#647   Well, This only goes to show that consistent DD The Original dpb5! 12/08/06 04:14:09 AM
#646   Finally getting rid of my remaining shares today, harr449 12/01/06 06:47:43 AM
#645   That ole Infotel PR is yet but another The Original dpb5! 12/01/06 02:11:57 AM
#644   Well, to me, Haffer is only playing "rehash The Original dpb5! 12/01/06 02:07:00 AM
#643   Makes ya wonder if this Argentina story is harr449 11/30/06 08:55:01 AM
#642   The Original dpb5, nice find. harr449 11/30/06 08:51:19 AM
#641   Interesting!.... The Original dpb5! 11/29/06 06:26:06 PM
#640   WebSky, Inc. Announces Additions to its United States harr449 10/25/06 07:18:31 AM
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