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<td width="100%" align="center" valign="top"><p>SECURITIES AND EXCHANGE COMMISSION</p>
</td>
</tr>
</table>
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<td width="35%" valign="top"><p>&#160;</p>
</td>
<td width="31%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>Washington, D.C. 20549</p>
</td>
<td width="34%" valign="top"><p>&#160;</p>
</td>
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<td width="100%" valign="top"><p>&#160;</p>
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<td width="27%" valign="top"><p>&#160;</p>
</td>
<td width="46%" align="center" valign="top"><p>FORM S-8</p>
<p>REGISTRATION STATEMENT</p>
<p>Under</p>
<p>THE SECURITIES ACT OF 1933</p>
</td>
<td width="27%" valign="top"><p>&#160;</p>
</td>
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</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="100%" valign="top"><p>&#160;</p>
</td>
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<td width="27%" valign="top"><p>&#160;</p>
</td>
<td width="46%" align="center" valign="top"><p>DIAMOND I, INC.</p>
</td>
<td width="27%" valign="top"><p>&#160;</p>
</td>
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</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(Exact Name of registrant as specified in its charter)</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
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</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="100%" valign="top"><p>&#160;</p>
</td>
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</table>
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<td width="8%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="38%" align="center" valign="top"><p>Delaware</p>
</td>
<td width="9%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="37%" align="center" valign="top"><p>01-0623010</p>
</td>
<td width="8%" align="center" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="8%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="38%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(State or Other Jurisdiction of
incorporation or organization)</p>
</td>
<td width="9%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="38%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(I.R.S. Employer Identification
Number)</p>
</td>
<td width="7%" align="center" valign="top"><p>&#160;</p>
</td>
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</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="100%" valign="top"><p>&#160;</p>
</td>
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<td width="8%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="38%" align="center" valign="top"><p>8733 Siegen Lane, Suite 309,
Baton Rouge, Louisiana</p>
</td>
<td width="9%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="37%" align="center" valign="top"><br>
<p>70810</p>
</td>
<td width="8%" align="center" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="8%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="38%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(Address of principal executive
office)</p>
</td>
<td width="9%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="38%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(Zip Code)</p>
</td>
<td width="7%" align="center" valign="top"><p>&#160;</p>
</td>
</tr>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="100%" valign="top"><p>&#160;</p>
</td>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="27%" valign="top"><p>&#160;</p>
</td>
<td width="46%" align="center" valign="top"><p>2004 Stock Ownership Plan</p>
</td>
<td width="27%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="27%" valign="top"><p>&#160;</p>
</td>
<td width="46%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(Full Title of Plan)</p>
</td>
<td width="27%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="100%" valign="top"><p>&#160;</p>
</td>
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<td width="27%" valign="top"><p>&#160;</p>
</td>
<td width="46%" align="center" valign="top"><p>David Loflin, President and CEO</p>
<p>8733 Siegen Lane, Suite 309</p>
<p>Baton Rouge, Louisiana 70810</p>
</td>
<td width="27%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="27%" valign="top"><p>&#160;</p>
</td>
<td width="46%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(Name and address of agent for service)</p>
</td>
<td width="27%" valign="top"><p>&#160;</p>
</td>
</tr>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="100%" valign="top"><p>&#160;</p>
</td>
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<tr>
<td width="27%" valign="top"><p>&#160;</p>
</td>
<td width="46%" align="center" valign="top"><p>(225) 341-4004</p>
</td>
<td width="27%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="15%" valign="top"><p>&#160;</p>
</td>
<td width="69%" style="border-top: 0.0133333in solid" align="center" valign="top"><p>(Telephone number, including area code, of agent for service)</p>
</td>
<td width="16%" valign="top"><p>&#160;</p>
</td>
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</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
<tr>
<td width="100%" valign="top"><p>&lt;PAGE&gt;</p>
</td>
</tr>
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<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<div align="center">
<table width="624px" cellpadding="6" cellspacing="0">
<tr>
<td class="table24column1" width="23%" valign="top"><p>&#160;</p>
</td>
<td class="table24column2" width="54%" align="center" valign="top"><p>CALCULATION OF REGISTRATION FEE</p>
</td>
<td class="table24column3" width="23%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
</div>
<div align="left">
<table width="624px" cellpadding="6" cellspacing="0">
<tr>
<td class="table25column1" width="17%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><br>
<p>Title of
securities</p>
<p>to be registered</p>
</td>
<td class="table25column2" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column3" width="24%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><br>
<br>
<p>Amount to be
registered(1)</p>
</td>
<td class="table25column4" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column5" width="18%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>Proposed
maximum
offering price</p>
<p>per share(2)</p>
</td>
<td class="table25column6" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column7" width="18%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>Proposed
maximum
aggregate</p>
<p>offering price(2)</p>
</td>
<td class="table25column8" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column9" width="19%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><br>
<p>Amount of</p>
<p>registration fee(3)</p>
</td>
</tr>
<tr>
<td class="table25column1" width="17%" style="border-bottom: 0.0133333in solid" valign="top"><p>Common Stock</p>
</td>
<td class="table25column2" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column3" width="24%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>32,000,000 shares</p>
</td>
<td class="table25column4" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column5" width="18%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>$.082</p>
</td>
<td class="table25column6" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column7" width="18%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>$2,624,000</p>
</td>
<td class="table25column8" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column9" width="19%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>$280.77</p>
</td>
</tr>
<tr>
<td class="table25column1" width="17%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>Total</p>
</td>
<td class="table25column2" width="1%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column3" width="24%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>32,000,000 shares</p>
</td>
<td class="table25column4" width="1%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column5" width="18%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column6" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column7" width="18%" align="center" valign="top"><p>$2,624,000</p>
</td>
<td class="table25column8" width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td class="table25column9" width="19%" align="center" valign="top"><p>$280.77</p>
</td>
</tr>
</table>
</div>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>(1)</p>
</td>
<td width="92%" valign="top"><p>This Registration Statement shall also cover any additional shares of common stock
which become issuable under the First Amended and Restated 2004 Stock Ownership
Plan by reason of any stock dividend, stock split, recapitalization or other similar
transaction effected without the Registrant&#8217;s receipt of consideration which results in
an increase in the number of outstanding shares of Registrant&#8217;s common stock.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>(2)</p>
</td>
<td width="92%" valign="top"><p>Estimated solely for the purpose of calculating the registration fee in accordance with
Rule 457(c) and Rule 457(h) under the Securities Act of 1933, based on the average of
the high and low prices of the Registrant&#8217;s common stock as reported by the Over-the-Counter Bulletin Board on March 28, 2006.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>(3)</p>
</td>
<td width="92%" valign="top"><p>Calculated pursuant to General Instruction E on Form S-8.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" align="center" valign="top"><p>EXPLANATORY NOTE</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>This Registration Statement is being filed for the purpose of increasing the number of
securities of the same class as other securities for which a Registration Statement of the
Registrant on Form S-8 relating to the same employee benefit plan is effective.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The contents of the Registrant&#8217;s Registration Statement on Form S-8 filed with the Securities
and Exchange Commission on September 13, 2004 (File No. 333-118943) are hereby
incorporated by reference.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>On September 13, 2004, Diamond I, Inc. (formerly AirRover Wi-Fi Corp.), a Delaware
corporation, filed a Registration Statement in accordance with the requirements of Form S-8
under the Securities Act of 1933, as amended, to register 20,000,000 shares of its common
stock which had been authorized and reserved for issuance under the Registrant&#8217;s 2004 Stock
Ownership Plan.  This Registration Statement on Form S-8 is being filed with the Securities
and Exchange Commission to register an additional 32,500,000 shares of common stock.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
<tr>
<td width="100%" valign="top"><p>&lt;PAGE&gt;</p>
</td>
</tr>
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="13%" valign="top"><p>&#160;</p>
</td>
<td width="75%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>PART II</p>
</td>
<td width="12%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" align="center" valign="top"><p>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="12%" style="border-bottom: 0.0133333in solid" valign="top"><p>Item 3.</p>
</td>
<td width="88%" style="border-left: 0.0133333in solid; border-bottom: 0.0133333in solid" valign="top"><p>Incorporation of Documents by Reference.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The following documents are hereby incorporated by reference into this Registration
Statement:</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>1.</p>
</td>
<td width="92%" valign="top"><p>our Annual Report on Form 10-KSB for the year ended December 31, 2004, filed on
April 26, 2005;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>2.</p>
</td>
<td width="92%" valign="top"><p>our Quarterly Report on Form 10-QSB/A for the quarter ended March 31, 2005, filed
on June 8, 2005;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>3.</p>
</td>
<td width="92%" valign="top"><p>our Quarterly Report on Form 10-QSB/A for the quarter ended June 30, 2005, filed on
March 23, 2006;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>4.</p>
</td>
<td width="92%" valign="top"><p>our Quarterly Report on Form 10-QSB for the quarter ended September 30, 2005, filed
on November 22, 2005; and</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>5.</p>
</td>
<td width="92%" valign="top"><p>our Current Report on Form 8-K/A, date of event, January 20, 2006, filed on March 23,
2006.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>In addition, all documents subsequently filed by Registrant pursuant to Sections 13(a), 13(c),
14 and 15(d) of the Securities Exchange Act of 1934, prior to the filing of a post-effective
amendment which indicates that all securities offered have been sold or which de-registers all
securities then remaining unsold, shall be deemed to be incorporated by reference into this
Registration Statement and to be a part hereof from the date of filing such documents.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="12%" style="border-bottom: 0.0133333in solid" valign="top"><p>Item 4.</p>
</td>
<td width="88%" style="border-left: 0.0133333in solid; border-bottom: 0.0133333in solid" valign="top"><p>Description of Securities.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Each share of our common stock entitles its holder to one vote on all matters to be voted upon
by shareholders. Subject to preferences that may apply to any outstanding shares of our
preferred stock, holders of our common stock will receive ratably any dividends our board of
directors declares out of funds legally available for that purpose. If we liquidate, dissolve or
wind up our affairs, the holders of our common stock are entitled to share ratably in all assets
remaining after payment of liabilities and any liquidation preference of any shares of our
outstanding preferred stock. Our common stock has no preemptive rights, conversion rights or
other subscription rights or redemption or sinking fund provisions.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="12%" style="border-bottom: 0.0133333in solid" valign="top"><p>Item 5.</p>
</td>
<td width="88%" style="border-left: 0.0133333in solid; border-bottom: 0.0133333in solid" valign="top"><p>Interests of Names Experts and Counsel.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" style="height: 0.68in" valign="top"><p>Newlan &amp; Newlan, Attorneys at Law, has passed upon the validity of the shares registered
pursuant to this Registration Statement.  The partners of the firm of Newlan &amp; Newlan own,
directly and indirectly, a total of 16,967,000 shares of our common stock.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="12%" style="border-bottom: 0.0133333in solid" valign="top"><p>Item 6.</p>
</td>
<td width="88%" style="border-left: 0.0133333in solid; border-bottom: 0.0133333in solid" valign="top"><p>Indemnification of Directors and Officers.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>As permitted by Section 145 of the Delaware General Corporation Law, the bylaws of the
registrant provide that (i) the registrant is required to indemnify its directors and executive
officers to the fullest extent not prohibited by the Delaware General Corporation Law, (ii) the
registrant may, in its discretion, indemnify its other officers, employees and agents as set forth
in the Delaware General Corporation Law, (iii) the registrant is required to advance all
expenses incurred by its directors and executive officers in connection with certain legal
proceedings, (iv) the rights conferred in the bylaws are not exclusive, and (v) the registrant is
authorized to enter into indemnification agreements with its directors, officers, employees and
agents.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The registrant has entered into agreements with its directors and executive officers that require
the registrant to indemnify such persons against expenses, judgments, fines, settlements, and
other amounts that any such person becomes legally obligated to pay (including with respect to
a derivative action) in connection with any proceeding, whether actual or threatened, to which
such person may be made a party by reason of the fact that such person is or was a director or
officer of the registrant or any of its affiliates, provided such person acted in good faith and in
a manner such person reasonably believed to be in, or not opposed to, the best interests of the
registrant. The indemnification agreements also set forth certain procedures that will apply in
the event of a claim for indemnification thereunder. At present, no litigation or proceeding is
pending that involves a director or officer of the registrant regarding which indemnification is
sought, nor is the registrant aware of any threatened litigation that may result in claims for
indemnification.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Registrant has purchased no insurance for indemnification of its officers and directors, agents,
etc., nor has there been any specific agreement for indemnification made between Registrant
and any of its officers and directors, or others, with respect to indemnification for them arising
out of their duties to Registrant.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Insofar as indemnification for liabilities arising under the Securities Act may be permitted for
our directors, officers and controlling persons pursuant to the foregoing provisions, or
otherwise, we have been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Securities Act
and is, therefore, unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by us for expenses incurred or paid by a director, officer or
controlling person in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities being registered,
we will, unless in the opinion of our counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether our
indemnification is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of the issue by the court.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended,
may be permitted to directors, officers or control persons pursuant to the foregoing provisions,
we have been informed that, in the opinion of the SEC, such indemnification is against public
policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="12%" style="border-bottom: 0.0133333in solid" valign="top"><p>Item 7.</p>
</td>
<td width="88%" style="border-left: 0.0133333in solid; border-bottom: 0.0133333in solid" valign="top"><p>Exemption from Registration Claimed.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Not applicable.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="12%" style="border-bottom: 0.0133333in solid" valign="top"><p>Item 8.</p>
</td>
<td width="88%" style="border-left: 0.0133333in solid; border-bottom: 0.0133333in solid" valign="top"><p>Exhibits.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" valign="top"><p>&#160;</p>
</td>
<td width="15%" style="border-bottom: 0.0133333in solid" valign="top"><p>Exhibit No.</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="73%" style="border-bottom: 0.0133333in solid" align="center" valign="top"><p>Description</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" valign="top"><p>&#160;</p>
</td>
<td width="15%" align="center" valign="top"><p>5.1</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="73%" valign="top"><p>Legal Opinion of Newlan &amp; Newlan, Attorneys at Law.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" valign="top"><p>&#160;</p>
</td>
<td width="15%" align="center" valign="top"><p>10.1</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="73%" valign="top"><p>Registrant&#8217;s First Amended and Restated 2004 Stock Ownership
Plan.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" valign="top"><p>&#160;</p>
</td>
<td width="15%" align="center" valign="top"><p>23.1</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="73%" valign="top"><p>Consent of Lopez, Blevins, Bork &amp; Associates, LLP</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="12%" style="border-bottom: 0.0133333in solid" valign="top"><p>Item 9.</p>
</td>
<td width="88%" style="border-left: 0.0133333in solid; border-bottom: 0.0133333in solid" valign="top"><p>Undertakings.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>(a)</p>
</td>
<td width="92%" valign="top"><p>The undersigned Registrant hereby undertakes (1) to file, during any period in which
offers or sales are being made, a post-effective amendment to this registration
statement to include any additional or changed material information on the plan of
distribution; (2) that, for the purpose of determining liability under the Securities Act,
treat each post-effective amendment as a new registration statement of the securities
offered, and the offering of the securities at that time to be the initial bona fide
offering; (3) file a post-effective amendment to remove from registration any of the
securities that remain unsold at the end of the offering.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>(b)</p>
</td>
<td width="92%" valign="top"><p>Insofar as indemnification for liabilities arising under the Securities Act of 1933 may
be permitted to directors, officers and controlling persons of the Registrant pursuant to
the foregoing provisions, or otherwise, the Registrant has been advised that in the
opinion of the Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable. In the event that
a claim for indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer, or controlling person of
the Registrant in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the
Act and will be governed by the final adjudication of such issue.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td class="table72column1" width="100%" style="border-left: none; border-right: none; border-top: 0.0266667in solid; border-bottom: 0.0266667in solid" align="center" valign="top"><p>SIGNATURES</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this S-8 Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Baton Rouge, State of Louisiana, on the 29th day of
March, 2006.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="46%" valign="top"><p>&#160;</p>
</td>
<td width="54%" valign="top"><p>DIAMOND I, INC.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="46%" valign="top"><p>&#160;</p>
</td>
<td width="6%" align="right" valign="top"><p>By:</p>
</td>
<td width="38%" style="border-bottom: 0.0133333in solid" valign="top"><p>/s/ DAVID LOFLIN</p>
</td>
<td width="10%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="52%" valign="top"><p>&#160;</p>
</td>
<td width="18%" valign="top"><p>David Loflin
President</p>
</td>
<td width="30%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration
Statement on Form S-8 has been signed by the following persons in the capacities and on the
dates included:</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="38%" valign="top"><p>&#160;</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>&#160;</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>&#160;</p>
</td>
</tr>
<tr>
<td width="38%" style="border-bottom: 0.0133333in solid" valign="top"><p>/s/ DAVID LOFLIN</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>&#160;</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>March 29, 2006</p>
</td>
</tr>
<tr>
<td width="38%" valign="top"><p>David Loflin</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>President (principal executive
officer), Acting Chief
Accounting Officer (principal
financial officer) and Director</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="38%" style="border-bottom: 0.0133333in solid" valign="top"><p>/s/ WADDELL D. LOLFIN</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>&#160;</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>March 29, 2006</p>
</td>
</tr>
<tr>
<td width="38%" valign="top"><p>Waddell D. Loflin</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>Vice President, Secretary and
Director</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="38%" style="border-bottom: 0.0133333in solid" valign="top"><p>/s/ GREGORY A. BONNER</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>&#160;</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>March 29, 2006</p>
</td>
</tr>
<tr>
<td width="38%" valign="top"><p>Gregory A. Bonner</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>Director</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="38%" style="border-bottom: 0.0133333in solid" valign="top"><p>&#160;</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>&#160;</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>March ___, 2006</p>
</td>
</tr>
<tr>
<td width="38%" valign="top"><p>&#160;Ira R. Witkin</p>
</td>
<td width="2%" valign="top"><p>&#160;</p>
</td>
<td width="35%" valign="top"><p>Director</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="21%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
</body>

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
DIAMOND I, INC.
(Exact Name of registrant as specified in its charter)
Delaware
01-0623010
(State or Other Jurisdiction of
incorporation or organization)
(I.R.S. Employer Identification
Number)
8733 Siegen Lane, Suite 309,
Baton Rouge, Louisiana
70810
(Address of principal executive
office)
(Zip Code)
2004 Stock Ownership Plan
(Full Title of Plan)
David Loflin, President and CEO
8733 Siegen Lane, Suite 309
Baton Rouge, Louisiana 70810
(Name and address of agent for service)
(225) 341-4004
(Telephone number, including area code, of agent for service)
<PAGE>
CALCULATION OF REGISTRATION FEE
Title of
securities
to be registered
Amount to be
registered(1)
Proposed
maximum
offering price
per share(2)
Proposed
maximum
aggregate
offering price(2)
Amount of
registration fee(3)
Common Stock
32,000,000 shares
$.082
$2,624,000
$280.77
Total
32,000,000 shares
$2,624,000
$280.77
(1)
This Registration Statement shall also cover any additional shares of common stock
which become issuable under the First Amended and Restated 2004 Stock Ownership
Plan by reason of any stock dividend, stock split, recapitalization or other similar
transaction effected without the Registrant's receipt of consideration which results in
an increase in the number of outstanding shares of Registrant's common stock.
(2)
Estimated solely for the purpose of calculating the registration fee in accordance with
Rule 457(c) and Rule 457(h) under the Securities Act of 1933, based on the average of
the high and low prices of the Registrant's common stock as reported by the Over-the-Counter Bulletin Board on March 28, 2006.
(3)
Calculated pursuant to General Instruction E on Form S-8.
EXPLANATORY NOTE
This Registration Statement is being filed for the purpose of increasing the number of
securities of the same class as other securities for which a Registration Statement of the
Registrant on Form S-8 relating to the same employee benefit plan is effective.
The contents of the Registrant's Registration Statement on Form S-8 filed with the Securities
and Exchange Commission on September 13, 2004 (File No. 333-118943) are hereby
incorporated by reference.
On September 13, 2004, Diamond I, Inc. (formerly AirRover Wi-Fi Corp.), a Delaware
corporation, filed a Registration Statement in accordance with the requirements of Form S-8
under the Securities Act of 1933, as amended, to register 20,000,000 shares of its common
stock which had been authorized and reserved for issuance under the Registrant's 2004 Stock
Ownership Plan.  This Registration Statement on Form S-8 is being filed with the Securities
and Exchange Commission to register an additional 32,500,000 shares of common stock.
<PAGE>
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The following documents are hereby incorporated by reference into this Registration
Statement:
1.
our Annual Report on Form 10-KSB for the year ended December 31, 2004, filed on
April 26, 2005;
2.
our Quarterly Report on Form 10-QSB/A for the quarter ended March 31, 2005, filed
on June 8, 2005;
3.
our Quarterly Report on Form 10-QSB/A for the quarter ended June 30, 2005, filed on
March 23, 2006;
4.
our Quarterly Report on Form 10-QSB for the quarter ended September 30, 2005, filed
on November 22, 2005; and
5.
our Current Report on Form 8-K/A, date of event, January 20, 2006, filed on March 23,
2006.
In addition, all documents subsequently filed by Registrant pursuant to Sections 13(a), 13(c),
14 and 15(d) of the Securities Exchange Act of 1934, prior to the filing of a post-effective
amendment which indicates that all securities offered have been sold or which de-registers all
securities then remaining unsold, shall be deemed to be incorporated by reference into this
Registration Statement and to be a part hereof from the date of filing such documents.
Item 4.
Description of Securities.
Each share of our common stock entitles its holder to one vote on all matters to be voted upon
by shareholders. Subject to preferences that may apply to any outstanding shares of our
preferred stock, holders of our common stock will receive ratably any dividends our board of
directors declares out of funds legally available for that purpose. If we liquidate, dissolve or
wind up our affairs, the holders of our common stock are entitled to share ratably in all assets
remaining after payment of liabilities and any liquidation preference of any shares of our
outstanding preferred stock. Our common stock has no preemptive rights, conversion rights or
other subscription rights or redemption or sinking fund provisions.
Item 5.
Interests of Names Experts and Counsel.
Newlan & Newlan, Attorneys at Law, has passed upon the validity of the shares registered
pursuant to this Registration Statement.  The partners of the firm of Newlan & Newlan own,
directly and indirectly, a total of 16,967,000 shares of our common stock.
Item 6.
Indemnification of Directors and Officers.
As permitted by Section 145 of the Delaware General Corporation Law, the bylaws of the
registrant provide that (i) the registrant is required to indemnify its directors and executive
officers to the fullest extent not prohibited by the Delaware General Corporation Law, (ii) the
registrant may, in its discretion, indemnify its other officers, employees and agents as set forth
in the Delaware General Corporation Law, (iii) the registrant is required to advance all
expenses incurred by its directors and executive officers in connection with certain legal
proceedings, (iv) the rights conferred in the bylaws are not exclusive, and (v) the registrant is
authorized to enter into indemnification agreements with its directors, officers, employees and
agents.
The registrant has entered into agreements with its directors and executive officers that require
the registrant to indemnify such persons against expenses, judgments, fines, settlements, and
other amounts that any such person becomes legally obligated to pay (including with respect to
a derivative action) in connection with any proceeding, whether actual or threatened, to which
such person may be made a party by reason of the fact that such person is or was a director or
officer of the registrant or any of its affiliates, provided such person acted in good faith and in
a manner such person reasonably believed to be in, or not opposed to, the best interests of the
registrant. The indemnification agreements also set forth certain procedures that will apply in
the event of a claim for indemnification thereunder. At present, no litigation or proceeding is
pending that involves a director or officer of the registrant regarding which indemnification is
sought, nor is the registrant aware of any threatened litigation that may result in claims for
indemnification.
Registrant has purchased no insurance for indemnification of its officers and directors, agents,
etc., nor has there been any specific agreement for indemnification made between Registrant
and any of its officers and directors, or others, with respect to indemnification for them arising
out of their duties to Registrant.
Insofar as indemnification for liabilities arising under the Securities Act may be permitted for
our directors, officers and controlling persons pursuant to the foregoing provisions, or
otherwise, we have been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Securities Act
and is, therefore, unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by us for expenses incurred or paid by a director, officer or
controlling person in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities being registered,
we will, unless in the opinion of our counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether our
indemnification is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of the issue by the court.
Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended,
may be permitted to directors, officers or control persons pursuant to the foregoing provisions,
we have been informed that, in the opinion of the SEC, such indemnification is against public
policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable.
Item 7.
Exemption from Registration Claimed.
Not applicable.
Item 8.
Exhibits.
Exhibit No.
Description
5.1
Legal Opinion of Newlan & Newlan, Attorneys at Law.
10.1
Registrant's First Amended and Restated 2004 Stock Ownership
Plan.
23.1
Consent of Lopez, Blevins, Bork & Associates, LLP
Item 9.
Undertakings.
(a)
The undersigned Registrant hereby undertakes (1) to file, during any period in which
offers or sales are being made, a post-effective amendment to this registration
statement to include any additional or changed material information on the plan of
distribution; (2) that, for the purpose of determining liability under the Securities Act,
treat each post-effective amendment as a new registration statement of the securities
offered, and the offering of the securities at that time to be the initial bona fide
offering; (3) file a post-effective amendment to remove from registration any of the
securities that remain unsold at the end of the offering.
(b)
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may
be permitted to directors, officers and controlling persons of the Registrant pursuant to
the foregoing provisions, or otherwise, the Registrant has been advised that in the
opinion of the Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable. In the event that
a claim for indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer, or controlling person of
the Registrant in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the
Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this S-8 Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Baton Rouge, State of Louisiana, on the 29th day of
March, 2006.
DIAMOND I, INC.
By:
/s/ DAVID LOFLIN
David Loflin
President
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration
Statement on Form S-8 has been signed by the following persons in the capacities and on the
dates included:
/s/ DAVID LOFLIN
March 29, 2006
David Loflin
President (principal executive
officer), Acting Chief
Accounting Officer (principal
financial officer) and Director
/s/ WADDELL D. LOLFIN
March 29, 2006
Waddell D. Loflin
Vice President, Secretary and
Director
/s/ GREGORY A. BONNER
March 29, 2006
Gregory A. Bonner
Director
March ___, 2006
Ira R. Witkin
Director