UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): November 15, 2004SKYWAY COMMUNICATIONS HOLDING CORP.
(Exact name of registrant as specified in charter)
Florida000-3203365-0881662
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6021 142nd Ave. North, Clearwater, FL33760
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (727) 535-8211
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 (see General Instructions A.2. below):
/_/ 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))
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ITEM 8.01 OTHER EVENTS
On November 15, 2004, we filed form 8K to report and file a press release
regarding "Lantax Prepared To Fund SkyWay Communications Holding Corp. With $24
Million." We are filing this amended 8K to clarify and update certain statements
made therein.
On December 16, 2004, the Company signed a Collateralized Loan Agreement
with Lantex, LTD. which provides up to $24 million in loans that will be
collateralized with shares of our common stock at a rate of 85% loan to value.
The loan matures with all principle due on December 8, 2009, interest payable
quarterly commencing on March 9, 2005 at a rate of Prime plus 1%. Origination
fees of 3% of principle and 2% of collateral value will be charged and deducted
at closing.
Lantex has discussed with us that they will fund loans based on certain
operating milestones which are not yet finalized and are subject to change at
any time. There are no obligations for Lantex to fund the loan amounts. As a
result of the foregoing, there are no assurances that we will agree to or meet
any milestones or that any or all of the loan amounts will be provided.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Collateralized Loan Agreement with Lantex, Ltd.
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.
Skyway Communications Holding Corp.
Date: December 17, 2004/s/ Jim KentJim Kent
Chief Executive Officer
Dates Referenced Herein and Documents Incorporated by Reference
