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<td width="12%" align="center" valign="top"><p>&#160;</p>
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<td width="77%" align="center" valign="top"><p>As filed with the Securities and Exchange Commission on April 30,
2004.</p>
</td>
<td width="11%" align="center" valign="top"><p>&#160;</p>
</td>
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<td width="12%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="77%" align="center" valign="top"><p>Registration No. 333-112047</p>
</td>
<td width="11%" align="center" valign="top"><p>&#160;</p>
</td>
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<td width="25%" align="center" valign="top"><p>&#160;</p>
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<td width="50%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>SECURITIES AND EXCHANGE
COMMISSION Washington, D.C. 20549</p>
</td>
<td width="25%" align="center" valign="top"><p>&#160;</p>
</td>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="27%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="46%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="27%" align="center" valign="top"><p>&#160;</p>
</td>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="33%" align="center" valign="top"><p>&#160;</p>
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<td width="33%" align="center" valign="top"><p>FORM S-8</p>
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<td width="34%" align="center" valign="top"><p>&#160;</p>
</td>
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<td width="19%" align="center" valign="top"><p>&#160;</p>
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<td width="62%" align="center" valign="top"><p>&#160;Registration Statement under The Securities Act of 1933</p>
</td>
<td width="19%" align="center" valign="top"><p>&#160;</p>
</td>
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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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<td width="24%" align="center" valign="top"><p>&#160;</p>
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<td width="52%" style="border-bottom: none" align="center" valign="top"><p>Air-Q Wi-Fi Corporation</p>
</td>
<td width="24%" align="center" valign="top"><p>&#160;</p>
</td>
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<td width="24%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="52%" style="border-top: 0.01in solid" align="center" valign="top"><p>(Exact Name of Registrant as Specified in its
Charter)</p>
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<td width="24%" align="center" valign="top"><p>&#160;</p>
</td>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="12%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="37%" align="center" valign="top"><p>DELAWARE</p>
</td>
<td width="4%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="37%" align="center" valign="top"><p>01-0623010</p>
</td>
<td width="10%" align="center" valign="top"><p>&#160;</p>
</td>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="12%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="37%" style="border-top: 0.01in solid" align="center" valign="top"><p>(State or Other Jurisdiction of
Incorporation or Organization)</p>
</td>
<td width="4%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="37%" style="border-top: 0.01in solid" align="center" valign="top"><p>(IRS Employer Identification
No.)</p>
</td>
<td width="10%" align="center" valign="top"><p>&#160;</p>
</td>
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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>
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<td width="19%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="62%" align="center" valign="top"><p>5555 Hilton Avenue, Suite 207, Baton Rouge, Louisiana
70808 (225) 923-1034</p>
</td>
<td width="19%" align="center" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="19%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid" align="center" valign="top"><p>(Address, Including Zip Code, and Telephone Number,
Including Area Code, of Registrant's Principal Executive
Office)</p>
</td>
<td width="19%" align="center" 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>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="17%" valign="top"><p>&#160;</p>
</td>
<td width="65%" align="center" valign="top"><p>Research and Consulting Services Agreement</p>
</td>
<td width="18%" valign="top"><p>&#160;</p>
</td>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="17%" valign="top"><p>&#160;</p>
</td>
<td width="65%" style="border-top: 0.01in solid" align="center" valign="top"><p>(Full title of the plan)</p>
</td>
<td width="18%" valign="top"><p>&#160;</p>
</td>
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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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<td width="23%" valign="top"><p>&#160;</p>
</td>
<td width="27%" valign="top"><p>David Loflin, President</p>
</td>
<td width="27%" style="border-left: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>Air-Q Wi-Fi
Corporation</p>
</td>
<td width="23%" valign="top"><p>&#160;</p>
</td>
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</table>
<table width="100%" cellpadding="6" cellspacing="0">
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<td width="50%" valign="top"><p>&#160;</p>
</td>
<td width="27%" style="border-left: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>5555 Hilton Avenue,
Suite 207, Baton
Rouge, Louisiana
70808</p>
</td>
<td width="23%" valign="top"><p>&#160;</p>
</td>
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</table>
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<td width="50%" valign="top"><p>&#160;</p>
</td>
<td width="27%" style="border-left: 0.01in solid" align="center" valign="top"><p>(225) 923-1034</p>
</td>
<td width="23%" valign="top"><p>&#160;</p>
</td>
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<table width="100%" cellpadding="6" cellspacing="0">
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<td width="19%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid" align="center" valign="top"><p>(Name, Address, Including Zip Code, and Telephone
Number, Including Area Code, of Agent for Service)</p>
</td>
<td width="19%" align="center" 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="39%" align="right" valign="top"><p>Copies to:</p>
</td>
<td width="26%" style="border-left: 0.01in solid" align="center" valign="top"><p>Eric Newlan, Esq.
NEWLAN &amp;
NEWLAN 819 Office
Park Circle
Lewisville, Texas
75057 972-353-3880</p>
</td>
<td width="35%" align="center" 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>
</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="27%" style="border-top: 0.0266667in solid; border-bottom: 0.0266667in solid" valign="top"><p>&#160;</p>
</td>
<td width="46%" style="border-top: 0.0266667in solid; border-bottom: 0.0266667in solid" align="center" valign="top"><p>CALCULATION OF REGISTRATION
FEE</p>
</td>
<td width="27%" style="border-top: 0.0266667in solid; border-bottom: 0.0266667in solid" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<br>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="23%" style="border-left: none; border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>Title of each class</p>
<p>of securities</p>
<p>to be registered</p>
</td>
<td width="1%" style="border-top: 0.01in solid" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>Amount to</p>
<p>be registered</p>
</td>
<td width="1%" style="border-top: 0.01in solid" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>Proposed
maximum
offering price
per unit</p>
</td>
<td width="1%" style="border-top: 0.01in solid" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>Proposed
maximum
aggregate</p>
<p>offering price</p>
</td>
<td width="1%" style="border-top: 0.01in solid" align="center" valign="top"><p>&#160;</p>
</td>
<td width="19%" style="border-right: none; border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>Amount of
registration fee</p>
</td>
</tr>
<tr>
<td width="23%" style="border-bottom: none" align="center" valign="top"><p>Common Stock,
$.0001 par value</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>200,000 issued
shares</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>$2.50(1)</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>$500,000</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="19%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>$63.35</p>
</td>
</tr>
<tr>
<td width="23%" style="border-top: none; border-bottom: 0.01in solid" align="center" valign="top"><p>Total</p>
</td>
<td width="1%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>200,000 shares</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-bottom: none" align="center" valign="top"><p>&#160;</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="18%" style="border-bottom: none" align="center" valign="top"><p>$500,000</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="19%" style="border-bottom: none" align="center" valign="top"><p>$63.35</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>Estimated in accordance with Rule 457(c) solely for the purpose of calculating the
registration fee on the basis of the last trade price reported on the OTC Bulletin Board
on April 27, 2004, $2.50 per share.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&lt;PAGE&gt;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>PROSPECTUS</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="33%" valign="top"><p>&#160;</p>
</td>
<td width="33%" align="center" valign="top"><p>Air-Q Wi-Fi Corporation</p>
</td>
<td width="34%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="33%" valign="top"><p>&#160;</p>
</td>
<td width="35%" style="border-top: 0.01in solid" align="center" valign="top"><p>200,000 Shares of Common
Stock ($.001 par value per
share)</p>
</td>
<td width="32%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" align="center" valign="top"><p>Issued Pursuant to a Research and Consulting Services Agreement</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>This prospectus is part of a registration statement which registers 200,000 shares of common
stock, $.001 par value per share, of Air-Q Wi-Fi Corporation, which have been issued, as
described herein, to Herberto Cruz, a consultant to our company, pursuant to a consulting
agreement. Mr. Cruz has been issued a total of 200,000 shares of our common stock pursuant
to his agreement. Mr. Cruz is a selling shareholder under this prospectus. The shares were
issued to Mr. Cruz pursuant to a compensation contract which provides for the issuance of the
common stock to him.  The selling shareholder has advised us that he may sell all or a portion
of his shares of common stock from time to time in the market in negotiated transactions,
directly through brokers, or otherwise, and that these shares will be sold at market prices
prevailing at the time of any sales or at negotiated prices.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>No person has been authorized by us to give any information or to make any representation
other than as contained in this prospectus, and, if given or made, this information or
representation must not be relied upon as having been authorized by us. Nothing contained
herein shall, under any circumstance, create any implication that there has been no change in
the affairs of Air-Q Wi-Fi Corporation since the date of this prospectus.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Neither the Securities and Exchange Commission nor any state securities regulator has
approved or disapproved these securities or determined if this prospectus is truthful or
complete. Any representation to the contrary is a criminal offense.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>This prospectus does not constitute an offer to sell securities in any state to any person to
whom it is unlawful to make such offer in such state.</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>The date of this prospectus is April 29, 2004</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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>WHERE YOU CAN FIND MORE INFORMATION</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>We have filed a registration statement on Form S-8 with the SEC under the Securities Act with
respect to our common stock to be sold in this offering. This prospectus, which is part of the
registration statement, does not contain all of the information included in the registration
statement. Certain information is omitted and you should refer to the registration statement and
its exhibits. With respect to references made in this prospectus to any contract, agreement or
other document of Air-Q Wi-Fi Corporation, such references are not necessarily complete and
you should refer to the exhibits attached to the registration statement for copies of the actual
contract, agreement or other document. You may review a copy of the registration statement,
including exhibits, at the SEC's public reference room at Room 1024, Judiciary Plaza, 450
Fifth Street, N.W., Washington, D.C. 20549, and at the regional offices of the SEC located at
Seven World Trade Center, Suite 1300, New York, New York 10048, or at Citicorp Center,
500 West Madison Street, Suite 1400, Chicago, Illinois 60661. Please call 1-800-SEC-0330
for further information about the operation of the public reference rooms. The registration
statement and our other SEC filings can also be reviewed by accessing the SEC's Internet site
at http://www.sec.gov, which contains reports, proxy and information statements and other
information regarding registrants that file electronically with the SEC.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>We file annual, quarterly and current reports, proxy statements and other information with the
SEC. You may read and copy any reports, statements or other information on file at the public
reference rooms. You can also request copies of these documents, for a copying fee, by writing
to the SEC.</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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>INFORMATION OF CERTAIN DOCUMENTS BY
REFERENCE</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The following documents filed by us with the SEC are incorporated by reference and made a
part hereof:</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>Annual Report on Form 10-KSB/A for the year ended December 31, 2003; and</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>Current Report on Form 8-K, date of event: March 2, 2004.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>All reports and documents filed by us pursuant to Section 13, 14 or 15(d) of the Exchange Act,
prior to the filing of a post-effective amendment which de-registers all securities then
remaining unsold, shall be deemed to be incorporated by reference herein and to be a part
hereof from the respective date of filing of each such document. Any statement incorporated
by reference herein shall be deemed to be modified or superseded for purposes of this
prospectus to the extent that a statement contained herein or in any other subsequently filed
document, which also is or is deemed to be incorporated by reference herein, modifies or
supersedes such statement. Any statement modified or superseded shall not be deemed, except
as so modified or superseded, to constitute part of this prospectus.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Air-Q Wi-Fi Corporation hereby undertakes to provide, without charge, to each person,
including any beneficial owner, to whom a copy of this prospectus has been delivered, on the
written request of any such person, a copy of any or all of the documents referred to above
which have been or may be incorporated by reference in this prospectus, other than exhibits to
such documents. Written requests for copies should be directed to: Corporate Secretary, Air-Q
Wi-Fi Corporation, 5555 Hilton Avenue, Suite 207, Baton Rouge, Louisiana 70808.</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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>THE COMPANY</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>We are a start-up business.  Our  management has committed all available current and future
capital and other resources to expanding our &#8220;Wi-Fi&#8221; (wireless fidelity) Internet access
services (these services are referred to as our Wi-Fi services).  We currently provide Wi-Fi
services to a small number of customers in Baton Rouge, Louisiana, and Phoenix, Arizona.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The term &#8220;Wi-Fi&#8221; is short for &#8220;wireless fidelity&#8221; and refers to an industry standard for wireless
equipment that meets published 802.11(x) standards.  Wi-Fi equipment operates in unlicensed
spectra, such as 2.4 and 5.8 GHz.</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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>RESEARCH AND CONSULTING SERVICES
AGREEMENT AND ISSUANCE OF COMMON
STOCK</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>In April 2004, we entered into a research and consulting services agreement with Herberto
Cruz. Pursuant to that agreement, we have issued Mr. Cruz a total of 200,000 shares of our
common stock. Under the terms of this agreement, Mr. Cruz has agreed to provide research
and consulting services with respect to market research and analysis for the Wi-Fi and telecom
industries, potential strategic partnerships and alliances and coordination of telecom industry
consortiums, seminars, &#8220;webinars&#8221; and trade show event participation for a period of one year.
None of the shares of common stock to which this prospectus relates is issued pursuant to any
program or plan and are not being administered by either the board of directors or any
committee thereof.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The sale of any shares of common stock issued under the agreement with Mr. Cruz must be
made in compliance with federal and state securities laws. Officers, directors and
10%-or-greater shareholders, as well as certain other persons who may be deemed to be
"affiliates" of our company under Federal securities laws, should be aware that resales by
affiliates can only be made pursuant to an effective registration statement, Rule 144 or other
applicable exemption.</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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>SALES BY SELLING SHAREHOLDER</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The following table sets forth the name of the selling shareholder, the number of shares of
common stock held, directly or indirectly, the amount of common stock to be owned by the
selling shareholder following the sale of the shares of common stock hereunder and the
percentage of shares of our common stock to be owned by the selling shareholder following
completion of this offering.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="28%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>Name of Selling
Shareholder</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="15%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>Number of
Shares
Owned</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="13%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>Shares to
be
Offered</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="20%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>Shares to be
Owned After
Offering</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="20%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>% to be Owned
After Offering</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="28%" style="border-bottom: 0.01in solid" valign="top"><p>Herberto Cruz(1)</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="15%" align="center" valign="top"><p>200,000</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="13%" align="center" valign="top"><p>200,000</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="20%" align="center" valign="top"><p>0</p>
</td>
<td width="1%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="20%" align="center" valign="top"><p>0%</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="6%" align="right" valign="top"><p>(1)</p>
</td>
<td width="94%" valign="top"><p>Mr. Cruz&#8217; address is 13674 East Valley Boulevard, Suite 210, City of Industry,
California 91746.</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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>DESCRIPTION OF COMMON STOCK</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="38%" style="border-bottom: 0.01in solid" valign="top"><p>Common Stock</p>
</td>
<td width="62%" valign="top"><p>&#160;</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 our shareholders. Subject to preferences that may apply to any of our outstanding 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,
the holders of common stock are entitled to share ratably in all assets remaining after payment
of liabilities and any liquidation preference of any 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="38%" style="border-bottom: 0.01in solid" valign="top"><p>Transfer Agent and Registrar</p>
</td>
<td width="62%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Securities Transfer Corporation, Frisco, Texas, is the transfer agent and registrar for 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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>INDEMNIFICATION</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Our restated certificate of incorporation contains provisions limiting the liability of directors.
Our restated certificate of incorporation provides that a director will not be personally liable to
us or to our shareholders for monetary damages for any breach of fiduciary duty as a director,
but will continue to be subject to liability for the following:</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>any breach of the director&#8217;s duty of loyalty to us or to our shareholders;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>acts or omissions not in good faith or that involve intentional misconduct or a knowing
violation of law;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>unlawful payment of dividends or unlawful stock repurchases or redemptions; and</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>any transaction from which the director derived an improper personal benefit.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>If Delaware law is amended to authorize corporate action further eliminating or limiting the
personal liability of a director, then the liability of our directors will be eliminated or limited to
the fullest extent permitted by Delaware law, as so amended. Our restated certificate of
incorporation does not eliminate a director&#8217;s duty of care and, in appropriate circumstances,
equitable remedies such as injunctive or other forms of non-monetary relief remain available
under Delaware law. Our restated certificate of incorporation does not affect a director&#8217;s
responsibilities under any other laws, such as state or federal securities laws or state or federal
environmental laws.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>In addition, we have entered into agreements to indemnify our directors and executive officers
to the fullest extent permitted under Delaware law, including the non-exclusivity provisions of
Delaware law, and under our bylaws, subject to limited exceptions. These agreements, among
other things, provide for indemnification of our directors and executive officers for fees,
expenses, judgments, fines, and settlement amounts incurred by any of these persons in any
action or proceeding to which any of those persons is, or is threatened to be, made a party by
reason of the person&#8217;s service as a director or officer, including any action by us, arising out of
that person&#8217;s services as our director or officer or that person&#8217;s services provided to any other
company or enterprise at our request. We believe that these bylaw provisions and agreements
are necessary to attract and retain qualified persons as directors and officers. We also intend to
maintain liability insurance for our officers and directors.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The limitation of liability and indemnification provisions in our restated certificate of
incorporation and bylaws may discourage shareholders from bringing a lawsuit against
directors for breach of their fiduciary duties. They may also reduce the likelihood of derivative
litigation against directors and officers, even though an action, if successful, might benefit us
and our shareholders. A shareholder&#8217;s investment may be adversely affected to the extent we
pay the costs of settlement and damage awards against directors and officers pursuant to these
indemnification provisions.</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="19%" valign="top"><p>&#160;</p>
</td>
<td width="62%" style="border-top: 0.01in solid; border-bottom: 0.01in solid" align="center" valign="top"><p>LEGAL MATTERS</p>
</td>
<td width="19%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The law firm of Newlan &amp; Newlan, Lewisville, Texas, has acted as our legal counsel in
connection with the registration statement of which this prospectus forms a part and related
matters. The partners of Newlan &amp; Newlan own, indirectly, a total of 2,311,000 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>
<br>
<br>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" style="border-top: 0.0266667in solid" align="center" valign="top"><p>PART II</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" style="border-bottom: 0.0266667in solid" 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="85%" style="border-bottom: 0.01in solid" valign="top"><p>Item 3. Incorporation of Documents by Reference.</p>
</td>
<td width="15%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The documents listed in (1) and (4) below are incorporated by reference in this registration
statement. All documents subsequently filed by Air-Q Wi-Fi Corporation pursuant to Section
13(a), 13(c), 14 and 14(d) of the Securities Exchange Act of 1934, prior to the filing of a
post-effective amendment which de-registers all securities then remaining unsold, shall be
deemed to be incorporated by reference in the registration statement and to be part thereof
from the date of filing of such documents.</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>Annual Report on Form 10-KSB/A for the year ended December 31, 2003; and</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>Current Report on Form 8-K, date of event: March 2, 2004.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="85%" style="border-bottom: 0.01in solid" valign="top"><p>Item 4. Description of Securities.</p>
</td>
<td width="15%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>We are authorized to issue up to 200,000,000 shares of common stock, $.001 par value per
share.  Each share of our common stock entitles its holder to one vote on all matters to be
voted upon by our shareholders. Subject to preferences that may apply to any of our
outstanding 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, the holders of common stock are entitled to share ratably in all assets
remaining after payment of liabilities and any liquidation preference of any 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="85%" style="border-bottom: 0.01in solid" valign="top"><p>Item 5. Interests of Named Experts and Counsel.</p>
</td>
<td width="15%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>None.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="85%" style="border-bottom: 0.01in solid" valign="top"><p>Item 6. Indemnification of Directors and Officers.</p>
</td>
<td width="15%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Our restated certificate of incorporation contains provisions limiting the liability of directors.
Our restated certificate of incorporation provides that a director will not be personally liable to
us or to our shareholders for monetary damages for any breach of fiduciary duty as a director,
but will continue to be subject to liability for the following:</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>any breach of the director&#8217;s duty of loyalty to us or to our shareholders;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>acts or omissions not in good faith or that involve intentional misconduct or a knowing
violation of law;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>unlawful payment of dividends or unlawful stock repurchases or redemptions; and</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="right" valign="top"><p>-</p>
</td>
<td width="92%" valign="top"><p>any transaction from which the director derived an improper personal benefit.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>If Delaware law is amended to authorize corporate action further eliminating or limiting the
personal liability of a director, then the liability of our directors will be eliminated or limited to
the fullest extent permitted by Delaware law, as so amended. Our restated certificate of
incorporation does not eliminate a director&#8217;s duty of care and, in appropriate circumstances,
equitable remedies such as injunctive or other forms of non-monetary relief remain available
under Delaware law. Our restated certificate of incorporation does not affect a director&#8217;s
responsibilities under any other laws, such as state or federal securities laws or state or federal
environmental laws.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>In addition, we have entered into agreements to indemnify our directors and executive officers
to the fullest extent permitted under Delaware law, including the non-exclusivity provisions of
Delaware law, and under our bylaws, subject to limited exceptions. These agreements, among
other things, provide for indemnification of our directors and executive officers for fees,
expenses, judgments, fines, and settlement amounts incurred by any of these persons in any
action or proceeding to which any of those persons is, or is threatened to be, made a party by
reason of the person&#8217;s service as a director or officer, including any action by us, arising out of
that person&#8217;s services as our director or officer or that person&#8217;s services provided to any other
company or enterprise at our request. We believe that these bylaw provisions and agreements
are necessary to attract and retain qualified persons as directors and officers. We also intend to
maintain liability insurance for our officers and directors.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>The limitation of liability and indemnification provisions in our restated certificate of
incorporation and bylaws may discourage shareholders from bringing a lawsuit against
directors for breach of their fiduciary duties. They may also reduce the likelihood of derivative
litigation against directors and officers, even though an action, if successful, might benefit us
and our shareholders. A shareholder&#8217;s investment may be adversely affected to the extent we
pay the costs of settlement and damage awards against directors and officers pursuant to these
indemnification provisions.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="85%" style="border-bottom: 0.01in solid" valign="top"><p>Item 7. Exemption from Registration Claimed.</p>
</td>
<td width="15%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="100%" valign="top"><p>Inasmuch as the consultant who received shares of common stock is knowledgeable,
sophisticated and had access to comprehensive information relevant to Air-Q Wi-Fi
Corporation, such transaction was undertaken in reliance upon the exemption from registration
provided by Section 4(2) of the Securities Act of 1933, as amended. As a condition precedent
to such issuance, the consultant was required to express an investment intent and consent to
the imprinting of a restrictive legend on each stock certificate to be received from Air-Q Wi-Fi
Corporation, in the absence of sale pursuant an effective registration statement or a valid
exemption therefrom.</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="85%" style="border-bottom: 0.01in solid" valign="top"><p>Item 8. Exhibits.</p>
</td>
<td width="15%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="8%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="15%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>Exhibit No.</p>
</td>
<td width="4%" align="center" valign="top"><p>&#160;</p>
</td>
<td width="65%" style="border-bottom: 0.01in solid" align="center" valign="top"><p>Description</p>
</td>
<td width="8%" align="center" valign="top"><p>&#160;</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="65%" valign="top"><p>Opinion of Newlan &amp; Newlan, Attorneys at Law, re:
Legality.</p>
</td>
<td width="8%" valign="top"><p>&#160;</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="65%" valign="top"><p>Research and Consulting Services Agreement between Air-Q
Wi-Fi Corporation and Herberto Cruz.</p>
</td>
<td width="8%" valign="top"><p>&#160;</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="65%" valign="top"><p>Consent of Malone &amp; Bailey, PLLC, independent auditor.</p>
</td>
<td width="8%" valign="top"><p>&#160;</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>23.2</p>
</td>
<td width="4%" valign="top"><p>&#160;</p>
</td>
<td width="65%" valign="top"><p>Consent of Newlan &amp; Newlan, Attorneys at Law.</p>
</td>
<td width="8%" valign="top"><p>&#160;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="85%" style="border-bottom: 0.01in solid" valign="top"><p>Item 9. Undertakings.</p>
</td>
<td width="15%" valign="top"><p>&#160;</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>The undersigned Registrant hereby undertakes:</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="15%" align="right" valign="top"><p>(a)</p>
</td>
<td width="85%" valign="top"><p>To file, during any period in which offerings or sales are being made, a
post-effective amendment to this Registration Statement to include any material
information with respect to the plan of distribution not previously disclosed in
the Registration Statement or any material change to such information in the
Registration Statement;</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="15%" align="right" valign="top"><p>(b)</p>
</td>
<td width="85%" valign="top"><p>That, for purposes of determining any liability under the Securities Act of 1933,
as amended, each such post-effective amendment shall be deemed to be a new
Registration Statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide
offering thereof; and</p>
</td>
</tr>
</table>
<table width="100%" cellpadding="6" cellspacing="0">
<tr>
<td width="15%" align="right" valign="top"><p>(c)</p>
</td>
<td width="85%" valign="top"><p>To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the
offering.</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>The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, as amended, each filing of the Registrant's
annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act
of 1934 that is incorporated by reference in the Registration Statement shall be deemed
to be a new Registration Statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona fide
offering thereof.</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>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. In the event that a claim for indemnification against such
liabilities (other than the payment by 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, 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 Securities Act of 1933, as amended, 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>
<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="100%" style="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, as amended, 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 Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, on the 29th day of April, 2004.</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>AIR-Q WI-FI CORPORATION</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: 0.01in 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: 0.01in 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>April 29, 2004</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), Principal 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: 0.01in solid" valign="top"><p>/s/ WADDELL D. 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>April 29, 2004</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: 0.01in 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>April 29, 2004</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: 0.01in solid" valign="top"><p>/s/ IRA R. WITKIN</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>April 29, 2004</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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6:
As filed with the Securities and Exchange Commission on April 30,
2004.
Registration No. 333-112047
SECURITIES AND EXCHANGE
COMMISSION Washington, D.C. 20549
FORM S-8
Registration Statement under The Securities Act of 1933
Air-Q Wi-Fi Corporation
(Exact Name of Registrant as Specified in its
Charter)
DELAWARE
01-0623010
(State or Other Jurisdiction of
Incorporation or Organization)
(IRS Employer Identification
No.)
5555 Hilton Avenue, Suite 207, Baton Rouge, Louisiana
70808 (225) 923-1034
(Address, Including Zip Code, and Telephone Number,
Including Area Code, of Registrant's Principal Executive
Office)
Research and Consulting Services Agreement
(Full title of the plan)
David Loflin, President
Air-Q Wi-Fi
Corporation
5555 Hilton Avenue,
Suite 207, Baton
Rouge, Louisiana
70808
(225) 923-1034
(Name, Address, Including Zip Code, and Telephone
Number, Including Area Code, of Agent for Service)
Copies to:
Eric Newlan, Esq.
NEWLAN &
NEWLAN 819 Office
Park Circle
Lewisville, Texas
75057 972-353-3880
CALCULATION OF REGISTRATION
FEE
Title of each class
of securities
to be registered
Amount to
be registered
Proposed
maximum
offering price
per unit
Proposed
maximum
aggregate
offering price
Amount of
registration fee
Common Stock,
$.0001 par value
200,000 issued
shares
$2.50(1)
$500,000
$63.35
Total
200,000 shares
$500,000
$63.35
(1)
Estimated in accordance with Rule 457(c) solely for the purpose of calculating the
registration fee on the basis of the last trade price reported on the OTC Bulletin Board
on April 27, 2004, $2.50 per share.
<PAGE>
PROSPECTUS
Air-Q Wi-Fi Corporation
200,000 Shares of Common
Stock ($.001 par value per
share)
Issued Pursuant to a Research and Consulting Services Agreement
This prospectus is part of a registration statement which registers 200,000 shares of common
stock, $.001 par value per share, of Air-Q Wi-Fi Corporation, which have been issued, as
described herein, to Herberto Cruz, a consultant to our company, pursuant to a consulting
agreement. Mr. Cruz has been issued a total of 200,000 shares of our common stock pursuant
to his agreement. Mr. Cruz is a selling shareholder under this prospectus. The shares were
issued to Mr. Cruz pursuant to a compensation contract which provides for the issuance of the
common stock to him.  The selling shareholder has advised us that he may sell all or a portion
of his shares of common stock from time to time in the market in negotiated transactions,
directly through brokers, or otherwise, and that these shares will be sold at market prices
prevailing at the time of any sales or at negotiated prices.
No person has been authorized by us to give any information or to make any representation
other than as contained in this prospectus, and, if given or made, this information or
representation must not be relied upon as having been authorized by us. Nothing contained
herein shall, under any circumstance, create any implication that there has been no change in
the affairs of Air-Q Wi-Fi Corporation since the date of this prospectus.
Neither the Securities and Exchange Commission nor any state securities regulator has
approved or disapproved these securities or determined if this prospectus is truthful or
complete. Any representation to the contrary is a criminal offense.
This prospectus does not constitute an offer to sell securities in any state to any person to
whom it is unlawful to make such offer in such state.
The date of this prospectus is April 29, 2004
<PAGE>
WHERE YOU CAN FIND MORE INFORMATION
We have filed a registration statement on Form S-8 with the SEC under the Securities Act with
respect to our common stock to be sold in this offering. This prospectus, which is part of the
registration statement, does not contain all of the information included in the registration
statement. Certain information is omitted and you should refer to the registration statement and
its exhibits. With respect to references made in this prospectus to any contract, agreement or
other document of Air-Q Wi-Fi Corporation, such references are not necessarily complete and
you should refer to the exhibits attached to the registration statement for copies of the actual
contract, agreement or other document. You may review a copy of the registration statement,
including exhibits, at the SEC's public reference room at Room 1024, Judiciary Plaza, 450
Fifth Street, N.W., Washington, D.C. 20549, and at the regional offices of the SEC located at
Seven World Trade Center, Suite 1300, New York, New York 10048, or at Citicorp Center,
500 West Madison Street, Suite 1400, Chicago, Illinois 60661. Please call 1-800-SEC-0330
for further information about the operation of the public reference rooms. The registration
statement and our other SEC filings can also be reviewed by accessing the SEC's Internet site
at http://www.sec.gov, which contains reports, proxy and information statements and other
information regarding registrants that file electronically with the SEC.
We file annual, quarterly and current reports, proxy statements and other information with the
SEC. You may read and copy any reports, statements or other information on file at the public
reference rooms. You can also request copies of these documents, for a copying fee, by writing
to the SEC.
INFORMATION OF CERTAIN DOCUMENTS BY
REFERENCE
The following documents filed by us with the SEC are incorporated by reference and made a
part hereof:
1.
Annual Report on Form 10-KSB/A for the year ended December 31, 2003; and
2.
Current Report on Form 8-K, date of event: March 2, 2004.
All reports and documents filed by us pursuant to Section 13, 14 or 15(d) of the Exchange Act,
prior to the filing of a post-effective amendment which de-registers all securities then
remaining unsold, shall be deemed to be incorporated by reference herein and to be a part
hereof from the respective date of filing of each such document. Any statement incorporated
by reference herein shall be deemed to be modified or superseded for purposes of this
prospectus to the extent that a statement contained herein or in any other subsequently filed
document, which also is or is deemed to be incorporated by reference herein, modifies or
supersedes such statement. Any statement modified or superseded shall not be deemed, except
as so modified or superseded, to constitute part of this prospectus.
Air-Q Wi-Fi Corporation hereby undertakes to provide, without charge, to each person,
including any beneficial owner, to whom a copy of this prospectus has been delivered, on the
written request of any such person, a copy of any or all of the documents referred to above
which have been or may be incorporated by reference in this prospectus, other than exhibits to
such documents. Written requests for copies should be directed to: Corporate Secretary, Air-Q
Wi-Fi Corporation, 5555 Hilton Avenue, Suite 207, Baton Rouge, Louisiana 70808.
THE COMPANY
We are a start-up business.  Our  management has committed all available current and future
capital and other resources to expanding our "Wi-Fi" (wireless fidelity) Internet access
services (these services are referred to as our Wi-Fi services).  We currently provide Wi-Fi
services to a small number of customers in Baton Rouge, Louisiana, and Phoenix, Arizona.
The term "Wi-Fi" is short for "wireless fidelity" and refers to an industry standard for wireless
equipment that meets published 802.11(x) standards.  Wi-Fi equipment operates in unlicensed
spectra, such as 2.4 and 5.8 GHz.
RESEARCH AND CONSULTING SERVICES
AGREEMENT AND ISSUANCE OF COMMON
STOCK
In April 2004, we entered into a research and consulting services agreement with Herberto
Cruz. Pursuant to that agreement, we have issued Mr. Cruz a total of 200,000 shares of our
common stock. Under the terms of this agreement, Mr. Cruz has agreed to provide research
and consulting services with respect to market research and analysis for the Wi-Fi and telecom
industries, potential strategic partnerships and alliances and coordination of telecom industry
consortiums, seminars, "webinars" and trade show event participation for a period of one year.
None of the shares of common stock to which this prospectus relates is issued pursuant to any
program or plan and are not being administered by either the board of directors or any
committee thereof.
The sale of any shares of common stock issued under the agreement with Mr. Cruz must be
made in compliance with federal and state securities laws. Officers, directors and
10%-or-greater shareholders, as well as certain other persons who may be deemed to be
"affiliates" of our company under Federal securities laws, should be aware that resales by
affiliates can only be made pursuant to an effective registration statement, Rule 144 or other
applicable exemption.
SALES BY SELLING SHAREHOLDER
The following table sets forth the name of the selling shareholder, the number of shares of
common stock held, directly or indirectly, the amount of common stock to be owned by the
selling shareholder following the sale of the shares of common stock hereunder and the
percentage of shares of our common stock to be owned by the selling shareholder following
completion of this offering.
Name of Selling
Shareholder
Number of
Shares
Owned
Shares to
be
Offered
Shares to be
Owned After
Offering
% to be Owned
After Offering
Herberto Cruz(1)
200,000
200,000
0
0%
(1)
Mr. Cruz' address is 13674 East Valley Boulevard, Suite 210, City of Industry,
California 91746.
DESCRIPTION OF COMMON STOCK
Common Stock
Each share of our common stock entitles its holder to one vote on all matters to be voted upon
by our shareholders. Subject to preferences that may apply to any of our outstanding 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,
the holders of common stock are entitled to share ratably in all assets remaining after payment
of liabilities and any liquidation preference of any of our outstanding preferred stock. Our
common stock has no preemptive rights, conversion rights, or other subscription rights or
redemption or sinking fund provisions.
Transfer Agent and Registrar
Securities Transfer Corporation, Frisco, Texas, is the transfer agent and registrar for our
common stock.
INDEMNIFICATION
Our restated certificate of incorporation contains provisions limiting the liability of directors.
Our restated certificate of incorporation provides that a director will not be personally liable to
us or to our shareholders for monetary damages for any breach of fiduciary duty as a director,
but will continue to be subject to liability for the following:
-
any breach of the director's duty of loyalty to us or to our shareholders;
-
acts or omissions not in good faith or that involve intentional misconduct or a knowing
violation of law;
-
unlawful payment of dividends or unlawful stock repurchases or redemptions; and
-
any transaction from which the director derived an improper personal benefit.
If Delaware law is amended to authorize corporate action further eliminating or limiting the
personal liability of a director, then the liability of our directors will be eliminated or limited to
the fullest extent permitted by Delaware law, as so amended. Our restated certificate of
incorporation does not eliminate a director's duty of care and, in appropriate circumstances,
equitable remedies such as injunctive or other forms of non-monetary relief remain available
under Delaware law. Our restated certificate of incorporation does not affect a director's
responsibilities under any other laws, such as state or federal securities laws or state or federal
environmental laws.
In addition, we have entered into agreements to indemnify our directors and executive officers
to the fullest extent permitted under Delaware law, including the non-exclusivity provisions of
Delaware law, and under our bylaws, subject to limited exceptions. These agreements, among
other things, provide for indemnification of our directors and executive officers for fees,
expenses, judgments, fines, and settlement amounts incurred by any of these persons in any
action or proceeding to which any of those persons is, or is threatened to be, made a party by
reason of the person's service as a director or officer, including any action by us, arising out of
that person's services as our director or officer or that person's services provided to any other
company or enterprise at our request. We believe that these bylaw provisions and agreements
are necessary to attract and retain qualified persons as directors and officers. We also intend to
maintain liability insurance for our officers and directors.
The limitation of liability and indemnification provisions in our restated certificate of
incorporation and bylaws may discourage shareholders from bringing a lawsuit against
directors for breach of their fiduciary duties. They may also reduce the likelihood of derivative
litigation against directors and officers, even though an action, if successful, might benefit us
and our shareholders. A shareholder's investment may be adversely affected to the extent we
pay the costs of settlement and damage awards against directors and officers pursuant to these
indemnification provisions.
LEGAL MATTERS
The law firm of Newlan & Newlan, Lewisville, Texas, has acted as our legal counsel in
connection with the registration statement of which this prospectus forms a part and related
matters. The partners of Newlan & Newlan own, indirectly, a total of 2,311,000 shares of our
common stock.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The documents listed in (1) and (4) below are incorporated by reference in this registration
statement. All documents subsequently filed by Air-Q Wi-Fi Corporation pursuant to Section
13(a), 13(c), 14 and 14(d) of the Securities Exchange Act of 1934, prior to the filing of a
post-effective amendment which de-registers all securities then remaining unsold, shall be
deemed to be incorporated by reference in the registration statement and to be part thereof
from the date of filing of such documents.
1.
Annual Report on Form 10-KSB/A for the year ended December 31, 2003; and
2.
Current Report on Form 8-K, date of event: March 2, 2004.
Item 4. Description of Securities.
We are authorized to issue up to 200,000,000 shares of common stock, $.001 par value per
share.  Each share of our common stock entitles its holder to one vote on all matters to be
voted upon by our shareholders. Subject to preferences that may apply to any of our
outstanding 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, the holders of common stock are entitled to share ratably in all assets
remaining after payment of liabilities and any liquidation preference of any 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 Named Experts and Counsel.
None.
Item 6. Indemnification of Directors and Officers.
Our restated certificate of incorporation contains provisions limiting the liability of directors.
Our restated certificate of incorporation provides that a director will not be personally liable to
us or to our shareholders for monetary damages for any breach of fiduciary duty as a director,
but will continue to be subject to liability for the following:
-
any breach of the director's duty of loyalty to us or to our shareholders;
-
acts or omissions not in good faith or that involve intentional misconduct or a knowing
violation of law;
-
unlawful payment of dividends or unlawful stock repurchases or redemptions; and
-
any transaction from which the director derived an improper personal benefit.
If Delaware law is amended to authorize corporate action further eliminating or limiting the
personal liability of a director, then the liability of our directors will be eliminated or limited to
the fullest extent permitted by Delaware law, as so amended. Our restated certificate of
incorporation does not eliminate a director's duty of care and, in appropriate circumstances,
equitable remedies such as injunctive or other forms of non-monetary relief remain available
under Delaware law. Our restated certificate of incorporation does not affect a director's
responsibilities under any other laws, such as state or federal securities laws or state or federal
environmental laws.
In addition, we have entered into agreements to indemnify our directors and executive officers
to the fullest extent permitted under Delaware law, including the non-exclusivity provisions of
Delaware law, and under our bylaws, subject to limited exceptions. These agreements, among
other things, provide for indemnification of our directors and executive officers for fees,
expenses, judgments, fines, and settlement amounts incurred by any of these persons in any
action or proceeding to which any of those persons is, or is threatened to be, made a party by
reason of the person's service as a director or officer, including any action by us, arising out of
that person's services as our director or officer or that person's services provided to any other
company or enterprise at our request. We believe that these bylaw provisions and agreements
are necessary to attract and retain qualified persons as directors and officers. We also intend to
maintain liability insurance for our officers and directors.
The limitation of liability and indemnification provisions in our restated certificate of
incorporation and bylaws may discourage shareholders from bringing a lawsuit against
directors for breach of their fiduciary duties. They may also reduce the likelihood of derivative
litigation against directors and officers, even though an action, if successful, might benefit us
and our shareholders. A shareholder's investment may be adversely affected to the extent we
pay the costs of settlement and damage awards against directors and officers pursuant to these
indemnification provisions.
Item 7. Exemption from Registration Claimed.
Inasmuch as the consultant who received shares of common stock is knowledgeable,
sophisticated and had access to comprehensive information relevant to Air-Q Wi-Fi
Corporation, such transaction was undertaken in reliance upon the exemption from registration
provided by Section 4(2) of the Securities Act of 1933, as amended. As a condition precedent
to such issuance, the consultant was required to express an investment intent and consent to
the imprinting of a restrictive legend on each stock certificate to be received from Air-Q Wi-Fi
Corporation, in the absence of sale pursuant an effective registration statement or a valid
exemption therefrom.
Item 8. Exhibits.
Exhibit No.
Description
5.1
Opinion of Newlan & Newlan, Attorneys at Law, re:
Legality.
10.1
Research and Consulting Services Agreement between Air-Q
Wi-Fi Corporation and Herberto Cruz.
23.1
Consent of Malone & Bailey, PLLC, independent auditor.
23.2
Consent of Newlan & Newlan, Attorneys at Law.
Item 9. Undertakings.
(1)
The undersigned Registrant hereby undertakes:
(a)
To file, during any period in which offerings or sales are being made, a
post-effective amendment to this Registration Statement to include any material
information with respect to the plan of distribution not previously disclosed in
the Registration Statement or any material change to such information in the
Registration Statement;
(b)
That, for purposes of determining any liability under the Securities Act of 1933,
as amended, each such post-effective amendment shall be deemed to be a new
Registration Statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide
offering thereof; and
(c)
To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the
offering.
(2)
The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, as amended, each filing of the Registrant's
annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act
of 1934 that is incorporated by reference in the Registration Statement shall be deemed
to be a new Registration Statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona fide
offering thereof.
(3)
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. In the event that a claim for indemnification against such
liabilities (other than the payment by 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, 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 Securities Act of 1933, as amended, and will be
governed by the final adjudication of such issue.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, 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 Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, on the 29th day of April, 2004.
AIR-Q WI-FI CORPORATION
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
April 29, 2004
David Loflin
President (Principal Executive
Officer), Principal Accounting
Officer (Principal Financial
Officer) and Director
/s/ WADDELL D. LOFLIN
April 29, 2004
Waddell D. Loflin
Vice President, Secretary and
Director
/s/ GREGORY A. BONNER
April 29, 2004
Gregory A. Bonner
Director
/s/ IRA R. WITKIN
April 29, 2004
Ira R. Witkin
Director