BANY owners: Anything Internet Completes SEC Registration Process
Sets Date to Begin Trading and Receives Trading Symbol
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--June 21, 1999-- Anything Internet Corporation announces that
it has successfully concluded the review process of its Securities and Exchange Commission (SEC) Form SB-2 which was
filed on February 4, 1999. The SEC declared the Form SB-2 and associated Form 8-A ''effective'' last week.
With these registration statements officially effective, Anything Internet will now be required to file period reports with the SEC under the Securities Exchange
Act of 1934, as amended, and is now fully compliant with all of the SEC's filing requirements and new disclosure requirements for publicly traded companies
as mandated by the SEC on January 4, 1999. As a result of these developments, Anything Internet may now have its Common Stock listed on a public
stock exchange.
Anything Internet anticipates that its Common Stock will begin trading on July 7, 1999. The stock will initially trade on the OTC Bulletin Board under the
trading symbol ''ANYI''.
J. Scott Sitra, Anything Internet's President and Chief Executive Officer, stated, ''This is a very exciting time for our rapidly growing company. We have
worked long and hard to achieve these milestones and appreciate the loyal support our shareholders have demonstrated over the past few months. Also, as
far as we know, we are one of the first, if not the first, company to comply with the SEC's new registration and disclosure requirements for new issues.
''Becoming a publicly traded company has been a critical aspect to our long-term vision of becoming an e-commerce conglomerate... this is merely the first
of many steps to come. Being a public company lends tremendous credibility to our expansion efforts, particularly with the various acquisition and
joint-venture negotiations we have recently been pursuing. We look forward to sharing our continued growth and success with our shareholders as we
expand into new and untapped areas of e-commerce,'' added Mr. Sitra.
Anything Internet Corporation, headquartered in Colorado Springs, Colo., with a business-to-business sales and support office in Tampa, Fla., is an Internet
e-commerce holding company. Through its wholly owned subsidiaries, Anything Internet operates Internet storefronts www.anythingpc.com,
www.anythingmac.com and www.anythingunix.com, and sells over 201,000 different computer hardware, software and peripheral products. Anything
Internet's e-commerce enabling technology provides its customers with exceptional product choices, superior pricing and delivery options, and easy-to-use
search and purchase capabilities. Banyan Corporation (OTC BB:BANY) controls 26 percent of Anything Internet's Common Stock.
The Private Securities Litigation Reform Act of 1995 provides a ''safe harbor'' for forward-looking statements. Certain information included in this press
release (as well as information included in oral statements or other written statements made or to be made by Anything Internet Corporation) contains
statements that are forward-looking, such as statements relating to the future anticipated direction of the high-technology industry, plans for future expansion,
various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such
forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such
results may differ from those expressed in any forward-looking statements made by or on behalf of Anything Internet Corporation. These risks and
uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities,
domestic and global economic conditions, changes in federal or state tax laws, and market competition factors.
Contact:
Sitra Enterprises Inc.
Investor Relations, 719/227-1903 Ext. 102
anything@sitra.com
anythinginc.net |
