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WKYN: Suspended by SEC
http://www.sec.gov/litigation/suspensions/2014/34-71465.pdf
0.0038 +0.0023 (+153.33%) 0.0023 x10,000 0.0038 x26,000 0.002 - 0.0038 83,999
Yes was hoping for a little rise. Got taken pretty good on this one. Big mistake for listening to Penny Stock Spy, PennyStockG, & Penny Stock Millionaire. I will not go for any of there plays anymore. Lost $4000.00 on it.
wrong way !
WKYN .0055 Have you held a few, WebSky Inc http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18631&srchyr=2013&SearchStr=wkyn
Playing games I guess...
Someone bought up nearly $1000 worth of this!
Yes. If you try to enter it directly, it shows up as under construction but if you use the http://www.websky.us/aboutus.php link you'll see a "(c) 2011 WebSky All rights reserved " phrase near the bottom of the page, which sorta indicates they're into something.
Which website? This one??...
http://www.websky.com
I managed to buy some a few days ago when I noticed abnormal volume, 100k at average $0.0022. Not a bad entry price IMO.
They gotta fix the damn website.
I also look at dead stocks which suddenly start to show abnormal volume without moving too much, I think they could be pump & dumps before the run.
Prolly only Daniel Haffer is buying shares, hoping to spark interest IMHO
It keeps trading but ... by who?
Wow! A whooping 100 share print.
However there has been some volume lately. Maybe they are into something? NVSOS status is still Revoked.
I wonder why NVSOS status is still 'Revoked' when the company's website is in fact dated as of 2011.
Volume has unexpectedly risen from what it was a few months ago. Is this POS ready to wake up?
Bashing based on old news...if the stock was dead for awhile was because of that incident. Even the CEO said that the Argentina deal used by the pumpers as a excuse for their mails was inviable.
Very interesting followup...
READ THIS LINK...
It's from 2006 and WEBSKY and DOUG HAFFER...
http://www.sec.gov/litigation/litreleases/2006/lr19805.htm
Yep, I just clicked on those links and read them.... this company was touting the same crap about 8 to 10 years ago... if I remember correctly, the culprit is Douglas Haffer... this is NOT a legitimate business!
Don't believe in this one.. this is just a very old rehash of a scam stock... Way back when it was under the symbol WLGS! Bad news, imho!
I was "lucky" (well, time will say if it was a real deal or not) to pick 50k on the $0.002s by penny jumping ahead of the $0.0018s after I saw some serious dump there. The company now has a website under construction as recent as of 2011 so I expect a pump.
It certainly seems as if it can pop without much effort...
I was watching the L2 yesterday and the bid kept creeping up on air
Yep, I noticed that - it's good sign! Since the company is working on something, we can expect some pumpage .
Got in quick. 50k loaded@$0.002!
Website seems to have been updated this year and looks like they are working on it as some parts are under construction
http://www.websky.us
http://www.websky.us/aboutus.php
WKYN... this one is interesting to me... down to 002 today but would not surprise me if it starts to wake up soon. The SS seems tight.
That HAS to be a Wall Street ERROR! Surely nothing is going on!
got in swts??? spfm???
ur jumpin lol
How much of a move and what kind of volume we talkin? ;0
this stock is on the move very shortly.. imo
COURT AWARDS SEC OVER $642,000 FROM DEFENDANTS IN STOCK MANIPULATION SCHEME
Litigation Release No. 20869 / January 27, 2009
Securities and Exchange Commission v. Jeffery Steven Stone, et al., Case No. 06-CIV-6258 (HB) (S.D.N.Y. filed Aug. 17, 2006)
COURT AWARDS SEC OVER $642,000 FROM DEFENDANTS IN STOCK MANIPULATION SCHEME
The Securities and Exchange Commission announced today that on January 13, 2009, the United States District Court for the Southern District of New York entered a final judgment against former Connecticut resident Janette Diller Stone (aka Janette Dillerstone) in which it ordered her to pay a total of $462,247.21 in disgorgement and prejudgment interest and a $60,000 penalty for her alleged involvement in a 2005 microcap market manipulation scheme. Diller Stone earlier agreed to a partial settlement of the Commission's charges in which, without admitting or denying the Commission's allegations, she consented to imposition of an injunction permanently enjoining her from violating the antifraud, registration, and other provisions of the federal securities laws.
This judgment follows the Court's entry of a default judgment on November 25, 2008 against Diller Stone's husband, Jeffery Steven Stone, a convicted felon, in which the Court found that Stone had violated the antifraud, registration, and other provisions of the federal securities laws. The Court permanently enjoined Stone from further securities law violations and ordered him to pay $462,247.21 in disgorgement and prejudgment interest and a $120,000 penalty. Stone and Diller Stone were ordered to pay the disgorgement and prejudgment interest together with two entities they controlled, Pedracar, Inc. and Crescent Fund, LLC, against which default judgments were entered in March 2007.
The Commission's complaint alleges that Stone and Diller Stone, through Pedracar and Crescent Fund, acquired massive amounts of the stock of WebSky, Inc., a San Francisco-based penny stock company, under false pretenses. They then hired stock promoters to hype the stock in a spam email campaign that falsely portrayed WebSky -- a start-up company with virtually no revenues or profits -- as having a successful joint venture in Argentina that would result in over $40 million in annual revenues. After artificially inflating WebSky's stock price, Stone and Diller Stone dumped their shares into the unsuspecting market at a profit. Combined with proceeds from other stock sales during the scheme, Stone and Diller grossed more than $1 million in proceeds.
The Commission previously reached a settlement with WebSky and its CEO, Douglas Haffer, of Oakland, California, in which, without admitting or denying the Commission's allegations, they agreed to disgorge $35,000 received in a subsequent unregistered transaction with Stone and Diller Stone. Haffer also paid a $25,000 civil penalty. See Litigation Release No. 19805.
http://www.sec.gov/litigation/litreleases/2009/lr20869.htm
Can anybody tell me whatever happened to WKYN?
Hey Joe,
How does this link relate to WebSky?
Good By Web Sky Hello SeoSmith MSN Review!!
http://www.seosmith.net
Sold rest of mine, all out.
Well,
This only goes to show that consistent DD over a number of years tends to only prove that some companies only "wish" to be a company.
This one seems finally all washed up, after attempting to recreate a once prior FAILED business plan.
It happens all too often in PENNY LAND.
Finally getting rid of my remaining shares today, for tax loss.
Amazing how this just hangs @ .05. Not worth .0005.
That ole Infotel PR is yet but another remake of the old PR's way back when the company was WLGS!
There was NO Infotel back then, and there isn't an INFOTEL now!
As is always in pennystock land, Mr. Haffer continues to repeat his past mistakes in hopes of a greater future for himself, imho.
Well, to me, Haffer is only playing "rehash the PR's and hope for the best!"
Clearly, there is NOTHING NEW here....
Haffer only hoping to respark new interest using already played PR's under a "new" symbol.
It's really quite sad, when you think about it.
Don't look for any gains on this puppy ever, imho.
Makes ya wonder if this Argentina story is even true.
http://www.investorshub.com/boards/read_msg.asp?message_id=13951491
The Original dpb5, nice find.
Always wondered what happened to the Argentina deal. Don't remember Haffer ever telling investors it was no longer viable.
"Stone and Diller also engineered a spam email campaign that falsely portrayed WebSky - a start-up Internet company with virtually no revenues or profits - as having a successful joint venture in Argentina that would result in over $40 million in annual revenues. In reality, WebSky's CEO had forbidden them from sending the spam email and informed them that WebSky's Argentina deal was no longer viable".
And Haffer only gets slap on wrist.
"Subject to court approval, WebSky and Haffer have agreed to settle the action, without admitting or denying the allegations, by disgorging the $35,000 received in the sale and consenting to a permanent injunction against future violations of the registration provisions of the federal securities laws. Haffer also has agreed to pay a $25,000 civil penalty".
Why does SEC or whomever allow these scam artists to own any stock? Should be banned for life. Wish someone would start civil suit for us who lost money during this scam.
Interesting!....
http://www.sec.gov/litigation/litreleases/2006/lr19805.htm
WebSky, Inc. Announces Additions to its United States Licensed Wireless Broadband Markets
NOTE: Found during unrelated search; FYI:
SAN FRANCISCO, Sept. 13, 2005 (PRIMEZONE) -- WebSky, Inc. announced today that it has entered into long-term leases for the commercial use of licensed Educational Broadband ("EBS") wireless frequency spectrum in four new small and underserved United States markets. The leases, between WebSky and Shekinah Network, covering Pierre, South Dakota, La Grande, Oregon, Del Rio, Texas and Las Vegas, New Mexico, are for 24 MHz of bandwidth in the 2.5 GHz band and have a term of up to thirty years. WebSky has previously announced plans to construct high speed wireless broadband or Wi-Max systems in its domestic and international markets and will add these four new locations to those plans.
In conjunction with these four new markets, WebSky has terminated its previous agreement with Shekinah for licensed frequency in Aspen and Vail, Colorado. The prior agreements between Shekinah and WebSky for Grand Rapids, Michigan, Key West, Florida, La Crosse, Wisconsin, Ukiah, California and Hilo, Hawaii remain in force. However, in connection with the four new leases, the parties have executed amendments to those pre-existing five agreements creating terms more favorable to WebSky.
"The addition of these four new markets further focuses WebSky on its model of securing licensed frequencies and developing wireless broadband projects in underserved domestic and international markets," noted Douglas Haffer, President of WebSky. "The combination of a larger total population in the four new markets and a lower penetration of pre-existing broadband services should allow WebSky to more effectively secure market share in these four locations," he added.
The population of the four new United States markets announced today is 25% greater than that of the two locations being terminated. The total population within WebSky's domestic licensed frequency footprint is over 1.85 million. Internationally, WebSky has previously announced agreements relating to licensed wireless broadband projects covering over 30 million people.
About WebSky, Inc.
WebSky, Inc. is a San Francisco-based company that currently controls licensed radio frequencies to be used to develop wireless broadband/Wi-Max systems in nine small and medium sized cities in the United States. In addition, the Company has previously announced agreements for the development of wireless broadband/Wi-Max systems in India, Argentina, and other emerging economies.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Those risks and uncertainties include, but are not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies and products, delays in testing and evaluation of products, and other risks associated with the industry in which the Company operates.
CONTACT: WebSky, Inc.
Douglas Haffer
415-296-5115
Eduardo Axtle
416-296-5124
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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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