Replies to post #607 on Websky, Inc (WKYN)

[Alex Chory]

yeah well with trades stacked like this, You can rest assure

this stock is being manipulated big time....
Oh Yeah.......................

,,,,,$$$$$



Time & Sales
Price Size Exch Time
0.045 20000 OTO 13:54:54
0.0475 19667 OTO 13:54:54
0.045 5000 OTO 13:53:16
0.045 5000 OTO 13:52:58
0.049 1700 OTO 13:49:15
0.045 25000 OTO 12:56:52

[Alex Chory]

WKYN news-fwiw



UTEK Completes Technology Transfer with WebSky, Inc.; Transfer Includes License to New Technology to Improve Wireless Networks

PLANT CITY, Fla. & SAN FRANCISCO, Feb 07, 2006 (BUSINESS WIRE) -- UTEK Corporation (AMEX:UTK) (LSE-AIM:UTKA), an innovative technology transfer company, and WebSky, Inc. (Pink Sheets:WKYN), a developer and operator of wireless broadband services over licensed frequencies in underserved foreign and domestic markets, announced today that WebSky, Inc. has acquired Strategic Wireless Solutions, Inc., a subsidiary of UTEK Corporation, in a stock transaction.
Strategic Wireless Solutions, Inc. holds the exclusive license to a patent-pending technology. This new method of space-time coding, co-developed by the iCORE Wireless Communications Laboratory at the University of Alberta and The Ohio State University, operates at efficiencies nearly equal to the known theoretical limits. Potential applications for this technology include: high data rate cellular wireless communications, ad-hoc wireless networks with multi-antenna terminals, portable networks with multi-antenna systems, and mobile multi-user networks.

"The threaded algebraic space-time signal constellations are the result of years of university research using advanced concepts of information theory and mathematics," said Dr. Norman C. Beaulieu, University of Alberta, a co-inventor of the technology.

"WebSky, Inc. is enthusiastic about this technology and its potential for higher capacity networks with reduced digital error rates as compared to current technology. We are looking forward to expanding upon this technology and implementing it within our infrastructure," said Douglas Haffer, Chief Executive Officer of WebSky, Inc.

"UTEK is pleased to consummate this technology transfer with WebSky, Inc. and we look forward to continuing our efforts to identify additional technology acquisition opportunities for its consideration," said Christopher Banas, Director of Technology Alliances for UTEK Corporation.

About the University of Alberta

Opened in 1908, the University of Alberta has grown to be one of Canada's top four research-intensive universities, with external research funding in 2004-05 of more than $417 million. Located in Edmonton, the capital of the Province of Alberta, the university is also a leader in the business of technology transfer. With more than 70 active spin-off companies and $28 million in revenue generated from licensing and royalties, the university helps bring new innovations to society while stimulating economic development through its technology transfer office, TEC Edmonton. For more information about the University of Alberta at Edmonton, please visit its website at http://www.ualberta.ca.

About iCORE

iCORE was established in October 1999 by the government of Alberta to foster world-class, university-based research that supports the information and communication technology sector. Since its inception, more than 20 research chairs have been established to focus on emerging areas such as wireless communications, artificial intelligence, and quantum and nanocomputing. For more information about iCORE, please visit its website at http://www.icore.ca.

About The Ohio State University

Founded in 1870, The Ohio State University is one of the largest and most respected institutions of higher education in the world. As one of the premier teaching and research institutions in the United States, it offers students nationally ranked academic programs, an eminent faculty, cutting-edge research, a wide range of social and cultural activities, and comprehensive facilities. For more information about The Ohio State University, please visit its website at http://www.osu.edu.

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, WebSky, Inc. has previously announced agreements for the development of wireless broadband/Wi-Max systems in India, Argentina, and other emerging economies. For more information about WebSky Inc., please visit its website at http://www.websky.us.

About UTEK Corporation

UTEK(R) is a leading, market-driven technology transfer company that enables companies to rapidly acquire innovative technologies from universities and research laboratories worldwide. UTEK facilitates the identification and then finances the acquisition and transfer of external technologies for clients in exchange for their equity securities. This unique process is called U2B(R). In addition to its U2B(R) service, UTEK offers both large and small capitalization companies the tools to search, analyze and manage university intellectual properties. UTEK has operations in the United States, United Kingdom and Israel. For more information about UTEK, please visit its website at http://www.utekcorp.com.

Forward-Looking Statements

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2006%5C02%5C07...

[Alex Chory]

just fwiw..........................


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UTEK to Offer 816,330 Shares

Friday February 3, 1:09 pm ET

UTEK to Offer 816,330 Shares Priced at $12.25 Each; Co. Plans to Use Proceeds to Speed Up Growth


PLANT CITY, Fla. (AP) -- UTEK Corp., a business development company, said Friday its offering of 816,330 shares was priced at $12.25 per share.
UTEK said it plans to use proceeds primarily to accelerate growth in its technology transfer business.

Piper Jaffray & Co. is acting as sole manager for the offering.

Delivery of the shares is expected to occur on or about Feb. 8.

Shares fell $1.75, or 12 percent, to $12.75 on the American Stock Exchange.