SKYE INTERNATIONAL, INC. Form 8K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 25, 2006

SKYE INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)

Nevada
(State or other jurisdiction
of incorporation)
000-27549
(Commission
File Number)
88-0362112
(IRS Employer
Identifica-tion No.)

7150 West Erie Street, Chandler, Arizona 85226
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (480) 889-9999

Not applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction 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))


Item 3.02 Unregistered Sales of Equity Securities

On April 25, 2006, the registrant completed a non-brokered private placement of 1,714,260 restricted shares of its common stock for total proceeds of $600,000. Proceeds will be used for general working capital purposes and to fund the commencement of production of the registrant’s FORTIS™ line of electric tankless water heaters. The registrant relied on the exemption from registration contained in Rule 506 and Section 4(2) of the Securities Act of 1933, as all of the investors were accredited investors.
 
Pursuant to General Instruction F., the registrant incorporates by reference the information contained in the document filed as Exhibit 99.1 to this Form 8-K.
 
Item 9.01 Financial Statements and Exhibits 
 
(a) Financial Statements
    None
 
(b) Exhibits
 
Regulation
S-K Number            Document
99.1        Press Release dated April 28, 2006           

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.

 
   SKYE INTERNATIONAL, INC.
April 27, 2006
 
By:  Gregg C. Johnson
Gregg C. Johnson, Secretary