U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ) Filed by the Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14(a)-6(e)(2)) [X] Definitive Proxy Statement [ ] Definitive Additional Materials [ ] Soliciting Material Pursuant to 240.14a-11(c) or 240.14a-12 SEAMLESS WI-FI, INC. (Name of Small Business Issuer in its charter) ____________________________________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No Fee Required [ ] Fee Computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. 1. Title of each class of securities to which transaction applies: _____________________________________________________________________ 2. Aggregate number of securities to which transaction applies: _____________________________________________________________________ 3. Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): _____________________________________________________________________ 4. Proposed aggregate offering price: _____________________________________________________________________ 5. Total fee paid: _____________________________________________________________________ [ ] Fee paid previously with preliminary materials. [ ] Check box is any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1. Amount previously paid: _____________________________________________________________________ 2. Form, schedule, or registration statement number: _____________________________________________________________________ 3. Filing party: _____________________________________________________________________ 4. Date filed: _____________________________________________________________________ Notes: Seamless Wi-Fi, Inc. 800 N. Rainbow BlvdSuite 208 Las Vegas, Nevada 89107 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON FRIDAY, APRIL 21, 2006 Notice is hereby given that the Annual Meeting of shareholders of Seamless Wi-Fi. Inc., a Nevada corporation ("Company"), will be held on Friday, April 21, 2006, at the 3960 Howard Hughes Parkway Suite 500 Las Vegas, 89109 UNITED STATES at 10:00 AM (PST) for the following purposes: 1. To elect the following three (3) nominees as Directors of the Company until the next Annual Meeting of shareholders and until their respective successors shall be elected and qualified: Albert Reda, Matt Sebal, and John Domerego. 2. To approve the appointment of Kempisty & Company, CPA as the Company's independent public accountant as auditors for the fiscal year ending June 30, 2006, and 2007. 3. To consider on any other matter that properly may come before the meeting or any adjournment thereof. Shareholders of record as the close of business on December 31, 2005 are entitled to vote at the meeting or any postponement or adjournment thereof. Please review the voting options on the attached proxy card and submit your vote promptly. If you attend the Annual Meeting, you may revoke your Proxy and vote in person if you desire to do so, but attendance at the Annual Meeting does not itself serve to revoke your Proxy. Copies of the Company's Annual Report for its fiscal year ended June 30, 2005 and for the quarters ended on September 30, and December 31, 2005 will be provided on request or you may obtain a copy online from the Securities and Exchange Commission Website at www.sec.gov. ----------- ("Search for Company Filings"). By order of the Board of Directors February 24, 2005 /s/ Mildred Carroll Mildred Carroll, Corporate Secretary PROXY STATEMENT Seamless Wi-Fi, Inc. 800 No. Rainbow Blvd. Suite 208 Las Vegas, Nevada 89107 This Proxy Statement is being furnished to shareholders at the direction and on behalf of the Board of Directors of Seamless Wi-Fi, Inc., a Nevada corporation ("Company"), for the purpose of soliciting proxies for use at the Annual Meeting of Shareholders of the Company to be held on Friday, April 21, 2006, at the 3960 Howard Hughes Parkway Suite 500, Las Vegas, 89109 Friday 10:00 AM (PST). The shares represented by the proxy will be voted in the manner specified in the proxy. To the extent that no specification is made as to the proposals set forth in the notice of meeting accompanying this Proxy Statement, the proxy will be voted in favor of such proposals. However, any proxy given pursuant to this solicitation may be revoked at any time before it is exercised by giving written notice of such revocation to the Secretary of the Company, by appearing at the meeting and voting in person or by submitting a later dated proxy. Neither attendance at the meeting nor voting at the meeting will revoke the proxy. A revocation that is not timely received will not be taken into account, and the original proxy will be counted. Shareholder proposals must be submitted to the Company not later than March 31, 2006, in order to be included in those matters considered at the next Annual Meeting of the Company to be held at 3960 Howard Hughes Parkway Suite 500 Las Vegas, Nevada 89109 April 21, 2006 at 10:00AM (PST). The cost of preparing, assembling and mailing this Proxy Statement, the Notice of Annual Meeting of Shareholders and the accompanying Proxy is being borne by the Company. Brokers, dealers, banks, or voting trustees, and their nominees, are requested to forward soliciting materials to the beneficial owners of shares and will be reimbursed for their reasonable expenses. This Proxy Statement and accompanying proxy will be mailed to shareholders on or about March 10, 2006. VOTING SECURITIES The record date of shareholders entitled to notice of and to vote at the Annual Meeting of Shareholders is the close of business on March 31, 2005. On such date, the Company had issued and outstanding 118,664,634 shares of $0.001 par value common stock and 956,964 shares of preferred stock Class A each share is entitled to one vote per share of common stock or one thousand votes for each shares of preferred stock Class A stock on any matter that may properly come before the meeting, and there are no cumulative voting rights on any shares. The presence at the meeting, in person or by proxy, of the holders of a majority of the shares of common stock outstanding on the record date will constitute a quorum at the meeting. Votes withheld and abstentions will be counted in determining the presence of a quorum but will not be voted. Broker non-votes will not be counted in determining the presence of a quorum and will not be voted. All matters to be voted on require an affirmative vote of a majority of the votes present at the meeting. Pursuant to applicable Nevada law, there are no dissenter's rights relating to the matters to be voted on. STOCK OWNERSHIP The following table sets forth information regarding the beneficial ownership of shares of the Company's common stock (118,664,634 issued and outstanding) and preferred stock Class A (956,964 issued and outstanding) as of December 31, 2005 by (i) all stockholders known to the Company to be beneficial owners of more than 5% of the outstanding common stock; and (ii) all directors and executive officers of the Company, individually and as a group: Amount of Shares of Percent of Ownership Title of Class Name and Address Beneficial Class (1) Beneficial Class (2) - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Mildred Carroll (1) . . . . . . . . . . . . . 800 No. Rainbow Blvd. Common Stock. . . . . . . . Suite 208 520,000 Preferred Stock A . . . . . Las Vegas, Nevada 89107 -0- .456 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Albert R. Reda, (3) . . . . . . . . . . . . . 800 No. Rainbow Blvd. Common Stock. . . . . . . . Suite 208 779,400 .667 Preferred Stock A . . . . . Las Vegas, Nevada 89107 -0- -0- - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Reda Family Trust II (3) Common Stock. . . . . . . . 2250 East Tropicana Ave #631 -0- -0- Preferred Stock A . . . . . Las Vegas, Nevada 89119 56,250 5.88 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Omega Limited (4) Common Stock. . . . . . . . 1136 E. Stuart Suite 4207 125,000 .110 Preferred Stock A . . . . . Fort Collins, Co. 85025 10,000 1.05 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Antigua LLC (4) Common Stock. . . . . . . . 1136 E. Stuart Suite 4207 110,000 Preferred Stock A . . . . . Fort Collins, Co. 80525 -0- .45 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Alpha Blue Inc (4) Common Stock. . . . . . . . 1630 Welton St. #300 -0- Preferred Stock A . . . . . Denver, Co. 80202 149,286 15.47 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . ARR LLC (2) Common Stock. . . . . . . . 2250 East Tropicana Ave #631 265,000 1.09 Preferred Stock A . . . . . Las Vegas, Nevada 89119 45,924 4.75 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Audya Funding ** Common Stock. . . . . . . . 123 Kennelon Rd. -0- -0- Preferred Stock A . . . . . Kennelon, New Jersey 07405 589,300 61.580 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Reda Family Trust I Common Stock. . . . . . . . 2250 Tropicana Ave #631 -0- -0- Preferred Stock A . . . . . Las Vegas, Nevada 89119 55,784 5.83 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Seamless P2P LLC Common Stock. . . . . . . . 2250 East Tropicana Ave #631 330,000 1.34 Preferred Stock C . . . . . Las Vegas, Nevada 89119 700,000 100.00 - --------------------------- ------------------------------ --------------------- --------------------- . . . . . . . . . . . . . Shares of all directors and Common Stock. . . . . . . . executive officers as a group 2,133,400 5.77 Preferred Stock A . . . . . (4 persons) 906,544 27.07 - --------------------------- ------------------------------ --------------------- --------------------- * No voting rights on unconverted shares. ** Albert Reda has the proxy for these shares (1) Each person has sole voting power and sole dispositive power as to all of the shares shown as beneficially owned by them. (2) None of these security holders has the right to acquire any amount of the shares within sixty days from options, warrants, rights, conversion privilege, or similar obligations. 1. ELECTION OF DIRECTORS and EXECUTIVE OFFICERS The Company's board of directors is currently composed of three members and one independent board member. The names, ages, and respective positions of the directors and executive officers of the Company are set forth below. The directors named below will serve until the next annual meeting of the Company's stockholders or until their successors are duly elected and have qualified. Officers will hold their positions at the will of the board of directors, absent any employment agreement. There are no arrangements, agreements or understandings between non-management shareholders and management under which non-management shareholders may directly or indirectly participate in or influence the management of the Company's affairs. The directors and executive officers of the Company are not a party to any material pending legal proceedings and, to the best of their knowledge, no such action by or against them has been threatened. Officers and Directors. (a) Albert Reda, President/Chief Executive Officer/Director. Mr. Reda is currently the President and CEO of Seamless Wi-Fi, Inc. age 60 and has been with the Company since November 1998. From 1994 to 1996 Mr. Reda was employed with CRT Corporation as Vice President in charge of production for manufacturing of frozen products. From 1994 to 1994 Mr. Reda was self employed in the financial lending area buying and selling loans between individuals and institutions. Mr. Reda received a Bachelor of Science Degree in Engineering. Mr. Reda is a director of two other public companies, Digital Security and Global Debit Cash Card. Inc. (b) John Domerego, Director, President of Seamless Skyy-Fi, Inc. Mr. Domerego is currently President of Seamless Skyy-Fi, Inc., age 61, was appointed to the board of directors on October 1, 2005. Prior to that Mr. Domerego was involved in the development, designing, engineering and construction of cogeneration and power generating facilities both as an employee of Raytheon Engineering and self-employed as an associate of Malcolm Jones Associates, an engineering company where he managed multi-million dollar projects from conception to completion. Mr. Domerego also has 20 years experience in management both as Chief Engineer and as General Manager. Mr. Domerego also has years of experience in RF signals which he acquired while serving in the Navy. Mr. Domerego has a Bachelor of Science Degree in Mechanical Engineering. (c) Matt Sebal, Director Mr. Sebal has been serving as President and Director of 51st State Systems, Inc. a privately held company from January 2002. 51st State Systems provides technology and consulting services in Vancouver, BC Canada. From May 2002 to present Mr. Sebal has served as President and as a Director of DCM Enterprises, Inc., a publicly reporting management and investment holding company. From October, 2001 to present, Mr. Sebal has served as Secretary and as a Director of Hosting Site Networks, Inc., a publicly reporting, development-stage, provider of Internet services including web hosting, web consulting, and electronic mail services. From the period between June 2000 to January 2003, Mr. Sebal held one or more of the following the positions: Secretary, President, Chairman and CEO, and Director, of Return Assured Incorporated. Return Assured Incorporated had been a publicly reporting company involved in enabling e-retail transactions. As of January, 2003 Return Assured Incorporated is no longer a publicly reporting company. Return Assured Incorporated has had no operations since 2001. From November 2000 to October 2003 Mr. Sebal served as a Director of Mindfuleye, Inc., a publicly reporting company that developed software for licensing to the investment community. The software delivered proprietary content directly to users by web, desktop, wireless, and e-mail interfaces. As of October, 2003 Mindfuleye, Inc. is no longer a publicly reporting company. Mindfuleye, Inc has had no operations since 2001 From December 1998 to June 2000, Mr. Sebal was a Principal in IBM's e-business Services Group for Canada. From 1997 to 1998, Mr. Sebal was Director of Business Development for Communicate.com (formerly IMEDIAT Digital). From 1995 to 1997, Mr. Sebal was a Senior Account Manager for Emerge Online, Inc. a web site design and development firm. Mr. Sebal holds a baccalaureate degree in Political Science from the University of Western Ontario, Canada. Certain Relationships and Related Transactions. Certain of the officers and directors of the Company are engaged in other businesses, either individually or through partnerships and corporations in which they have an interest, hold an office, or serve on a board of directors. As a result, certain conflicts of interest may arise between the Company and its officers and directors. The Company will attempt to resolve such conflicts of interest in favor of the Company. The officers and directors are accountable to the Company and its shareholders as fiduciaries, which require that such officers and directors exercise good faith and integrity in handling the Company's affairs. A shareholder may be able to institute legal action on behalf of the Company or on behalf of itself and other similarly situated shareholders to recover damages or for other relief in cases of the resolution of conflicts is in any manner prejudicial to the Company. Compliance with Section 16(a) of the Exchange Act. Section 16(a) of the Exchange Act requires the Registrant's directors, certain officers and persons holding 10% or more of the Registrant's common stock to file reports regarding their ownership and regarding their acquisitions and dispositions of the Registrant's common stock with the SEC. Such persons are required by SEC regulations to furnish the Registrant with copies of all Section 16(a) forms they file. Based solely upon a review of Forms 3 and 4 and amendments thereto furnished to the Registrant under Rule 16a-3(d) during fiscal 2005 with respect to fiscal 2005, and certain written representations from executive officers and directors, the Registrant is unaware that any other required reports were not timely filed. Audit Committee and Charter We do not have a separately-designated audit committee of the Board or any other Board-designated committee. Audit committee functions are performed by our board of directors. None of our directors are deemed independent. All directors also hold positions as our officers. Our audit committee is responsible for: (1) selection and oversight of our independent accountant; (2) establishing procedures for the receipt, retention and treatment of complaints regarding accounting, internal controls and auditing matters; (3) establishing procedures for the confidential, anonymous submission by our employees of concerns regarding accounting and auditing matters; (4) engaging outside advisors; and, (5) funding for the outside auditory and any outside advisors engagement by the audit committee. A copy of our audit committee charter is filed as an exhibit to this report. Audit Committee Financial Expert None of our directors or officers have the qualifications or experience to be considered a financial expert. We believe the cost related to retaining a financial expert at this time is prohibitive, although the Company intends to conduct a search in the near future to identify an individual qualified to serve as audit committee financial expert. Code of Ethics We have adopted a corporate code of ethics. We believe our code of ethics is reasonably designed to deter wrongdoing and promote honest and ethical conduct; provide full, fair, accurate, timely and understandable disclosure in public reports; comply with applicable laws; ensure prompt internal reporting of code violations; and provide accountability for adherence to the code. Disclosure Committee and Charter We have a disclosure committee and disclosure committee charter. Our disclosure committee is comprised of all of our officers and directors. The purpose of the committee is to provide assistance to the Chief Executive Officer and the Chief Financial Officer in fulfilling their responsibilities regarding the identification and disclosure of material information about us and the accuracy, completeness and timeliness of our financial reports. Meetings of the Board of Directors. During the fiscal year ended June 30, 2005, the board of directors documented 24 advise of unanimous written consent actions by the board of directors. EXECUTIVE COMPENSATION Summary Compensation Table ANNUAL COMPENSATION LONG-TERM COMPENSATION ------------------------------------ ------------------------------------------------ AWARDS PAYOUTS ---------------------- ---------- NAME AND FISCAL SALARY BONUS OTHER RESTRICTED SECURITIES LTIP ALL OTHER PRINCIPAL YEAR ($) ($) ANNUAL STOCK UNDERLYING PAYOUTS COMPENSATION POSITION COMPENSATION AWARD(S) OPTIONS/ ($) ($) ($) ($) SARS (#) - ------------------ ---------------- --------- ---------- ------------- ----------- ----------- ---------- ------------ Albert Reda, Chief 2005 $ 240,000 0 0 0 0 0 0 Executive 2004 $ 240,000 0 0 0 0 0 0 Officer/Secretary (1) 2003 $ 180,000 0 0 0 0 0 0 (1) During fiscal year ended June 30, 2004 A new note was executed for the wages of fiscal years of June 2004. The note included the end of September 2003 was for $315,000. Before the end of fiscal year ended June 2004 Mr. Reda received shares for the note which was canceled and the monies owed was credited to Paid in Capital. Other Compensation There are no annuity, pension or retirement benefits to be paid to officers, directors, or employees of the Company in the event of retirement at normal retirement date, as there is no existing plan provided for or contributed to by the Company. No remuneration is to be paid in the future directly or indirectly by the Company to any officer or director since no existing plan that provides for such payment, including a stock option plan. Employment Contract. Other than as set forth below, during the past two years, there have not been any transactions that have occurred between the Company and its officers, directors, and five percent or greater shareholders. On January 1, 2000, Mr. Reda entered into an employment agreement with the Company for the position of Chief Executive Officer. The following are the material terms of this agreement: (1) A salary of $180,000.00, payable in semi-monthly installments in accordance with the Company's practices, less normal payroll deductions. On the anniversary date of each year through the fourth year, the salary each is increased by $1,000 per month. (2) This agreement was changed to the $180,000 per annum effective July 2002 retroactive to January 1, 2002. Based upon a note issued to Mr. Reda to cover the amounts due per this employment agreement, the term of the agreement was also extended till January 2007. (3) In addition to this compensation, the Company will periodically review Mr. Reda's performance and services rendered with a view to paying discretionary bonuses based upon above-average or outstanding performance for a prior period. Any such bonuses approved by the Company will be paid to Mr. Reda within 30 days of the grant thereof. The following performance milestones shall justify the particular restricted stock bonuses, to be issued by the company, as set forth below: (A) At $2 million in sales, 500,000 shares of restricted common stock. (B) At $3 million in sales, 800,000 shares of restricted common stock. (C) At $5 million in sales, 1,000,000 shares of restricted common stock. (D) At $8 million in sales, 2,000,000 shares of restricted common stock. (E) At $10 million in sales, 2,500,000 shares of restricted common stock. (F) At $12 million in sales, 3,000,000 shares of restricted common stock. (4) In addition to the Salary and bonuses stated above, Mr. Reda will be eligible to participate in a health insurance plan, including dependent coverage, supplied by the Company. Mr. Reda will also be entitled to participate in any and all group life, workers' compensation, health plan or accidental insurance plans which are adopted by the Company for the benefit of executive officers or employees. Mr. Reda will also be entitled to such sick leave and paid holidays and to such other perquisites of employment, as customarily are extended by the Company to executive officers or employees. In addition Mr. Reda will also be entitled to vacation benefits. 2. APPOINTMENT OF INDEPENDENT PUBLIC ACCOUNTANT AS AUDITOR Kempisty & Company CPA of New York, New York issued the report for the Company's audited financial statements for the fiscal years ended June 30, 2005 and June 30, 2004. Audit Fees Audit-Related Fees. The review fees for the 10QSB for second quarter ended December 31, 2005 for professional services rendered by Kempisty & Company CPA were $5,000 and were paid in full. The review fees for the 10QSB for first quarter ended September 30, 2005 for professional services rendered by Kempisty & Company CPA were $6,000 and were paid in full. The audit fees for the 10KSB for fiscal year ended June 30, 2005 for professional services rendered by Kempisty & Company CPA were $30,000 and were paid in full. The aggregate fees billed for each of the last two fiscal years and the first two quarters of fiscal year ended June 30, 2004 for professional services rendered by Henry Schiffer CPA were paid in full prior to his dismissal by the Company. The aggregate fees billed and paid for each of the third quarter of fiscal year ended June 30, 2004, and for year ended June 30, 2004 for the review of financial statement and audit of the Registrant's annual financial statements included in the company's Form 10-QSB's: third quarter year ended June 30, 2004 and Form 10-KSB for year ended June 30, 2004 totaled $17,500. Tax Fees The aggregate fees billed in each of the last two fiscal years for professional services rendered by Henry Schiffer, CPA for tax compliance, tax advice, and tax planning is $5,000. All Other Fees. The aggregate fees billed in each of the last two fiscal years for products and services provided by Kempisty & Company CPA other than the services reported above, is $0. Representatives of Kempisty & Company CPA are not expected to be present at the annual meeting. This firm will have the opportunity to make a statement if they desire to do so. Finally, representatives of this firm are not expected to be available to respond to appropriate questions. The Board of Directors has approved by resolution a proposal to retain Kempisty & Company CPA Co., for the fiscal year commencing on June 30, 2006 through the fiscal year ending June 30, 2007. The Board of Directors of the Company recommends a vote for the retention of Kempisty & Company CPA. 3. OTHER BUSINESS As of the date of this proxy statement, the Company knows of no business that will be presented for consideration at the Annual Meeting other than the items referred to above. If any other matter is properly brought before the meeting for action by the shareholders, proxies in the enclosed forms returned to the company will be voted in accordance with the recommendation of the Board of Directors or, in the absence of such a recommendation, in accordance with the judgment of the proxy holder. By order of the Board of Directors February 24, 2006 /s/ Mildred Carroll Mildred Carroll, Corporate Secretary P R O X Y SEAMLESS WI-FI, INC. Annual Meeting of Shareholders to Be Held April 21, 2006 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS. The undersigned hereby appoints Albert Reda as proxy of the undersigned, with full power of substitution, and hereby authorizes him to represent and to vote at the Annual Meeting of Shareholders of Seamless Wi-Fi, Inc. ("Company"), for all the common stock shareholders of record of the Company as of March 31, 2006, to be held on April 21, 2006 as designated below, at the 3960 Howard Hughes Parkway Suite 500 Las Vegas, Nevada 89109 at 10:00 AM (PST), for matters that properly may come before the meeting or any adjournment thereof. 1. ELECTION OF DIRECTORS (circle one): FOR WITHHOLD AUTHORITY all nominees listed below to vote for all nominees listed below Albert Reda Albert Reda John Domerego John Domerego Matt Sebal Matt Sebal 2. TO APPROVE THE SELECTION OF KEMPISTY & COMPANY, CPA AS THE COMPANY'S INDEPENDENT ACCOUNTING FIRM FOR THE FISCAL YEAR COMMENCING ON JUNE 30, 2006 AND JUNE 30 2007 (circle one): FOR AGAINST ABSTAIN This proxy will be voted as specified. IF NO SPECIFICATION IS GIVEN, THIS PROXY WILL BE VOTED FOR THE PROPOSALS SET FORTH ABOVE. The undersigned hereby acknowledges receipt of the Notice of Annual Meeting of Shareholders of the Company to be held on April 21, 2006 and the Proxy Statement of such meeting. Dated: ______________, 2006 __________________________________________________ (Signature of Shareholder) Note: Please sign exactly as name appears on stock certificate (as indicated on reverse side). All joint owners should sign. When signing as personal representative, executor, administrator, attorney, trustee or guardian, please give full title as such. If a corporation, please sign in full corporation name by president or other authorized person. If a partnership, please sign in partnership name by a partner. PLEASE MARK, SIGN, AND DATE AND RETURN THIS PROXY CARD PROMPTLY USING THE ENCLOSED ENVELOPE.