UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
of the
SECURITIES EXCHANGE ACT OF 1934
Date of Report: September 12, 2000
Wichita Development Corporation
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(Exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation or organization)
0-29383 88-0356200
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(Commission File Number) (IRS Employer Identification Number)
c/o Richard Surber, President
268 West 400 South, Suite 300, Salt Lake City, Utah 84101
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(Address of principal executive offices)
(801) 575-8073
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(Registrant's telephone number, including area code)
Cyberbotanical, Inc.
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(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
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On August 29, 2000, the Company entered into an agreement with Kelly's Coffee
Group, Inc. ("Kelly's) to sell to Kellys 18,400,000 newly issued shares of the
Company's common stock in exchange for a cash payment of $540,554.00. These
funds were used to acquire a building known as the Board of Trade Building,
located at 120 Market Street in Wichita Kansas. This provides Kelly's with
ownership of not less than 90% of the issued and outstanding shares of the
Company's common stock.
The seller of the building was Board of Trade Center LLC, a Kansas limited
liability company. The building is a 50,000 square foot, eight story office
building located in the central business district of Wichita, Kansas. Current
occupancy rates at the building are approximately 83% and the prior management
of the building has been retained to continue operation of the building. The
building is rented at an average of approximately $6.00 a square foot by the
current tenants, including the prior owners of the building who remains as a
tenant.
This real estate acquisition is expected to provide the company with positive
earnings and operations that will help to fund the future expansion and provide
operating capital for the Company.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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The following exhibits are included:
10(i)Stock Purchase Agreement dated August 29, 2000 between Kelly's Coffee
Group, Inc. and Cyberbotanical, Inc.(incorporated by reference to Form 8-K
filed with the SEC on September 13, 2000)
10(ii) Financial Statement of operations for the Board of Trade Building.
Pursuant to the requirement of the Securities Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Cyberbotanical, Inc.
Signature Date
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By:/s/ Richard Surber November 9, 2000
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Name: Richard Surber
Title: President
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