To: C. McD who wrote (54 ) 2/9/1999 4:52:00 PM From: brad greene Read Replies (1) | Respond to of 1570
............NEWS............NEWS............NEWS.......... delayed 20 mins - disclaimerTuesday February 9, 4:16 pm Eastern Time.....Business Wire. Company Press Release Anything Internet Files Securities Registration and Disclosure Statements With the SEC and NASD COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Feb. 9, 1999--Anything Internet Corporation announces that over the past week it has filed various securities registration and disclosure statements with the Securities and Exchange Commission (SEC) and resubmitted its application for an OTC Bulletin Board listing with the National Association of Securities Dealers (NASD). Last week, Anything Internet filed a Form SB-2 Registration Statement and a Form 8-A Registration Statement with the SEC. Both filings are currently available through the SEC's Edgar On-Line Database (www.edgar-online.com) and are currently under review by the SEC. Furthermore, Anything Internet intends to request an accelerated ''effective'' date for these registration statements at the earliest practical moment. Once these registration statements are declared ''effective,'' Anything Internet will be required to file periodical reports with the SEC as required by the Securities Exchange Act of 1934, as amended, and will be in full compliance with the SEC's new disclosure requirements for publicly traded companies as mandated by the SEC on Jan. 4, 1999. In addition to its SEC filings, a market maker resubmitted an updated Form 15(c)211 disclosure statement and application for trading to the NASD on behalf of Anything Internet. The updated 15(c)211 reflects Anything Internet's full compliance with the SEC's new regulations and disclosure requirements. As soon as the SEC and NASD complete their respective reviews of Anything Internet's registration and disclosure statements, it is anticipated that Anything Internet will receive final approval to commence trading on the OTC Bulletin Board under the proposed trading symbol ''ANYI.'' Bob Schick, Anything Internet's president, stated, ''We, like everyone else, are naturally disappointed by the delays in obtaining our public listing, a direct result of the SEC's new regulations as mandated on January 4th. Nevertheless, we have worked very diligently and quickly to comply with the SEC's new regulations and, as such, feel more confident than ever in our Company and its chances of success as a public company. We look forward to working with securities regulators and investors alike to build Anything Internet into the e-commerce success we all envision.'' Anything Internet Corporation, headquartered in Colorado Springs, Colo., is an Internet-only retailer of over 171,000 computer hardware, software and peripheral products to consumers and businesses. Through its Internet storefronts -- www.anythingpc.com, www.anythingmac.com and www.anythingunix.com -- Anything Internet 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, planed 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.