NextPlat Corp — Director's Dealing 2009

Feb 3, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WORLD ENERGY SOLUTIONS, INC. (WEGY.OB)
CIK: 0001058307
Period of Report: 2008-05-19

Reporting Person: UTEK CORP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-10	Preferred Stock Series B Convertible	P	100000	—	Acquired	100000	Direct
2008-09-26	Preferred Stock Series C Convertible	P	100000	—	Acquired	100000	Direct
2008-05-19	Common Stock	P	1923077	—	Acquired	18042749	Direct

Footnotes

F1: On June 10, 2008 UTEK Corporation sold its 100% ownership in Advanced Alternative Energy Technologies, Inc. in a stock for stock exchange. UTEK received 100,000 unregistered shares of Series B Convertible Preferred Stock of World Energy Solutions, Inc. The estimated market value of the shares of the subsidiary was $875,000.

F2: On September 26, 2008 UTEK Corporation sold its 100% ownership in H-Hybrid Technologies, Inc. in a stock for stock exchange. UTEK received 100,000 unregistered shares of Series C Convertible Preferred Stock of World Energy Solutions, Inc. The estimated market value of the shares of the subsidiary was $750,000.

F3: On May 19, 2008 UTEK Corporation entered into an intellectual capital consulting agreement in which UTEK received $250,000 in unregistered common shares. UTEK received 1,923,077 unregistered common shares for its services.