SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): AUGUST 5, 1999
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Anything Internet Corporation
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(Exact name of registrant as specified in its charter)
COLORADO 000-29994 84-1425882
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
3020 North El Paso, Ste. 103, Colorado Springs, CO 80907
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(Address of Principal Executive Offices) (Zip Code)
(719) 227-1903
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(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
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On August 5, 1999, the Registrant publicly disseminated a press release
announcing the grand opening of a new Internet storefront, anyCOFFEE.com
(www.anycoffee.com). anyCOFFEE.com is operated by Anything Coffee Corporation,
a newly formed wholly-owned subsidiary of the Registrant.
The information contained in the press release is incorporated herein by
reference and filed as Exhibit 99.1 hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
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(c) Exhibit.
99.1 The Registrant's Press Release dated August 5, 1999.
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.
ANYTHING INTERNET CORPORATION
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(Registrant)
Date: August 5, 1999 /s/ J. Scott Sitra
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J. Scott Sitra
President and Chief Executive Officer
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TYPE: EX-99.1
SEQUENCE: 2
[Exhibit 99.1 - Press Release]
ANYTHING INTERNET ANNOUNCES THE GRAND OPENING OF ANYCOFFEE.COM
Colorado Springs, Colorado - August 5, 1999 - Anything Internet Corporation (OTC
Bulletin Board: ANYI) announces the grand opening of its newest Internet
storefront, anyCOFFEE.com (www.anycoffee.com). anyCOFFEE, operated by Anything
Coffee Corporation, a wholly-owned subsidiary of Anything Internet, offers
coffee drinkers the opportunity to purchase over 100 specialty coffees derived
from coffee beans originating from more than 18 countries worldwide - all from
the comfort of their homes or offices.
In addition to featuring one of the largest selections of specialty coffees
available in any one location, anyCOFFEE.com introduces JavaJay(tm). JavaJay, a
personification of Jay Ferguson, a certified roast master and Anything Coffee's
General Manager, will circulate a free periodical newsletter, suggest new
coffees and blends, answer coffee drinkers' questions in an on-line forum, and
in general promote the free exchange of coffee information and ideas.
The market for coffee in America is immense. American's spend more than $7
billion annually on coffee and more than 50% of American's classify themselves
as coffee drinkers. Specialty coffees have been popularized in recent years by
retail giant Starbucks Corporation (NASDAQ: SBUX). anyCOFFEE.com takes
America's love affair with coffee beyond the everyday brick-and-mortar coffee
store by making its much larger selection of specialty coffees always available
to its customers at very competitive prices via its Internet storefront.
J. Scott Sitra, Anything Internet's President and Chief Executive Officer,
stated, "This is the first of many new ventures taking Anything Internet beyond
the realm of computers and software, and into high demand, high margin product
offerings. anyCOFFEE.com accomplishes this by addressing the growing needs and
demands of the huge multi-billion coffee marketplace. Now anyone can drink the
coffee of their choice, at a fair price, without ever having to leave their home
or office."
"Just like with our computer division, we will be focusing our marketing efforts
on generating business-to-business sales. Every business, whether small or
large, brews coffee, and we are making it easy and less expensive for them to
purchase specialty coffees each and every morning. Long-term this also
translates into higher consumer sales as individuals become aware of our coffees
through their offices and begin purchasing them for home consumption," Mr. Sitra
added.
Anything Internet reported record revenues for the third quarter of fiscal 1999
ending March 31, 1999 of $751,934, an increase of 707% from the same period a
year ago. The loss per share for the quarter was $(0.04) compared to ($0.25)
for the same period a year ago. Revenues for the nine-months were a record
$2,403,629, an increase of 2,325% for the same period a year ago. The loss per
share for the nine-months was ($0.12) compared to ($1.35) for the same period a
year ago.
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Anything Internet Corporation, headquartered in Colorado Springs, Colorado with
a business-to-business sales and support office in Tampa, Florida, is a publicly
held Internet e-commerce holding company. Through its wholly-owned
subsidiaries, Anything Internet operates Internet storefronts
www.anythingpc.com, www.anythingmac.com, www.anythingunix.com, and
www.anycoffee.com, and sells over 201,000 different computer hardware, software
and peripheral products and more than 100 different specialty coffees. 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 Bulletin
Board: BANY) owns 26 percent of Anything Internet's Common Stock. |
