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  <TITLE> Airbee Wireless, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  <BR>
  <FONT SIZE="2">
  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	September 28, 2007
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  	Airbee Wireless, Inc.
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  <FONT SIZE="2">
  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	&nbsp;
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  	Delaware
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  <FONT SIZE="2">
  	000-50918
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  	46-0500345
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	9400 Key West Avenue, Rockville, Maryland
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  	&nbsp;
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  	20850
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	301-517-1860
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  <FONT SIZE="2">
  	&nbsp;
  </FONT>
  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <FONT SIZE="2">Top of the Form</FONT>
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  <B>
  	Item 2.02 Results of Operations and Financial Condition.
  </B>
  </FONT>
  </P>
  <P ALIGN="LEFT">
  <FONT SIZE="2">
  On October 10, 2007, we received notice from Montgomery Equity Partners Ltd. that the Settlement Agreement has been paid off in full in the third quarter. The settlement agreement was for $937,500 including principal, accrued interest and liquidated damages for which an affiliate of the company pledged 9,433,963 shares of his stock to guarantee the note which Montgomery foreclosed on. Of those shares, 4,019,221 shares were sold over a period of two years to pay the note. The remaining shares are to be returned to the affiliate.
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  <B>
  	Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
  </B>
  </FONT>
  </P>
  <P ALIGN="LEFT">
  <FONT SIZE="2">
  On October 5, 2007 we closed on a $500,000 convertible debenture with Golden Gate Investors, Inc. which contains two funding increments. The first tranche is for $350,000 which was funded on October 9, 2007. The second tranche is for $150,000 and is to be funded when the stock closing bid price reaches a stable or increasing per share price for five successive trading days. An affiliate of the company pledged ten million (10,000,000) shares to guarantee performance on the agreement in the event of default. The coupon on the note is 8 3/4% and matures in twelve months with an extension of up to six months at the option of the holder. We issued a three year two million (2,000,000) share purchase warrant at a strike price of $0.12 per share and contains a cashless exercise provision. Subject to adjustment, the note converts at the lesser of (a) $0.25, or (b) sixty five percent(65%)of the average of the five (5) lowest VWAP for the twenty (20)trading days prior to the conversion date.
  </FONT>
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  <B>
  	Item 8.01 Other Events.
  </B>
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  </P>
  <P ALIGN="LEFT">
  <FONT SIZE="2">
  As previously reported in the settlement agreement with our former CFO, on September 28, 2007, we received notice of judgment from the Circuit Court for Montgomery County, Maryland. As represented by counsel, the parties consent to this entry of judgment. The judgment grants the recovery of the sum of $700,000 with interest at the rate of 10% and the costs of action as provided by law to plaintiff Richard P. Sommerfeld.
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  <FONT SIZE="2">Top of the Form</FONT>
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  <B>
  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  </P>
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  	&nbsp;
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  	Airbee Wireless, Inc.
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  	&nbsp;&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  <I>
  	October 11, 2007
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  	&nbsp;
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  <I>
  	By:
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  	&nbsp;
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  <I>
  	E. Eugene Sharer
  </I>
  <BR>
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  <FONT SIZE="2">
  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  <I>
  	Name: E. Eugene Sharer
  </I>
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  	&nbsp;
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  <I>
  	Title: President
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  	Exhibit&nbsp;Index
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  <B>
  	Exhibit No.
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  	&nbsp;
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  	Description
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  	1
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  <FONT SIZE="2">
  	&nbsp;
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  <FONT SIZE="2">
  Stock Purchse Agreement
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  	2
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  <FONT SIZE="2">
  	&nbsp;
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  <FONT SIZE="2">
  Warrant
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  	3
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  <FONT SIZE="2">
  	&nbsp;
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  <FONT SIZE="2">
  Note
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  	4
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  	&nbsp;
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  Pledge Agreement
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  	5
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  <FONT SIZE="2">
  	&nbsp;
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  </TD>
  <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
  <FONT SIZE="2">
  Irrevocable Voting Proxy
  </FONT>
  </TD>
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_23123.htm", "description": "LIVE FILING", "secsgml_size_bytes": 12869}]
metadata_filer: {"company-data": {"conformed-name": "Airbee Wireless, Inc.", "cik": "0001297533", "assigned-sic": "7372", "irs-number": "460500345", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50918", "film-number": "071168089"}, "business-address": {"street1": "9400 KEY WEST AVENUE", "city": "ROCKVILLE", "state": "MD", "zip": "20850", "phone": "301-517-1860"}, "mail-address": {"street1": "9400 KEY WEST AVENUE", "city": "ROCKVILLE", "state": "MD", "zip": "20850"}}
text: Airbee Wireless, Inc. (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  September 28, 2007
  Airbee Wireless, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-50918
  46-0500345
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  9400 Key West Avenue, Rockville, Maryland
  20850
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  301-517-1860
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 2.02 Results of Operations and Financial Condition.
  On October 10, 2007, we received notice from Montgomery Equity Partners Ltd. that the Settlement Agreement has been paid off in full in the third quarter. The settlement agreement was for $937,500 including principal, accrued interest and liquidated damages for which an affiliate of the company pledged 9,433,963 shares of his stock to guarantee the note which Montgomery foreclosed on. Of those shares, 4,019,221 shares were sold over a period of two years to pay the note. The remaining shares are to be returned to the affiliate.
  Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
  On October 5, 2007 we closed on a $500,000 convertible debenture with Golden Gate Investors, Inc. which contains two funding increments. The first tranche is for $350,000 which was funded on October 9, 2007. The second tranche is for $150,000 and is to be funded when the stock closing bid price reaches a stable or increasing per share price for five successive trading days. An affiliate of the company pledged ten million (10,000,000) shares to guarantee performance on the agreement in the event of default. The coupon on the note is 8 3/4% and matures in twelve months with an extension of up to six months at the option of the holder. We issued a three year two million (2,000,000) share purchase warrant at a strike price of $0.12 per share and contains a cashless exercise provision. Subject to adjustment, the note converts at the lesser of (a) $0.25, or (b) sixty five percent(65%)of the average of the five (5) lowest VWAP for the twenty (20)trading days prior to the conversion date.
  Item 8.01 Other Events.
  As previously reported in the settlement agreement with our former CFO, on September 28, 2007, we received notice of judgment from the Circuit Court for Montgomery County, Maryland. As represented by counsel, the parties consent to this entry of judgment. The judgment grants the recovery of the sum of $700,000 with interest at the rate of 10% and the costs of action as provided by law to plaintiff Richard P. Sommerfeld.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Airbee Wireless, Inc.
  October 11, 2007
  By:
  E. Eugene Sharer
  Name: E. Eugene Sharer
  Title: President
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  1
  Stock Purchse Agreement
  2
  Warrant
  3
  Note
  4
  Pledge Agreement
  5
  Irrevocable Voting Proxy