ANDERSON COMPUTERS/TIDALWAVE CORP, 10SB12G/A, 2000-01-21

ANDERSON COMPUTERS/TIDALWAVE CORP
10SB12G/A, 2000-01-21
COMPUTER INTEGRATED SYSTEMS DESIGN

Previous: PRICE T ROWE DIVERSIFIED SMALL CAP GROWTH FUND INC, 497K3B, 2000-01-21

Next: T&W FINANCIAL CORP, 8-K, 2000-01-21

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

------------------
AMENDMENT NO. 3 TO
FORM 10-SB
------------------

Pursuant to Section 12(b) or 12(g)
of The Securities Exchange Act of 1934

ANDERSON COMPUTERS/TIDALWAVE CORP.
(Exact name of Registrant as Specified in its Charter)

Florida 65-0693777
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)

1831 N.E. 45th Street, Fort Lauderdale, Florida 33308
(Address of Principal (Zip Code)
Executive Offices)

(954) 255-6753
(Registrant's telephone number, including area code)

Securities to be registered pursuant to Section 12(b) of the
Act: None

Securities to be registered pursuant to Section 12(g) of the
Act:

Common Stock, par value $.001 per share
(Title of Class)

FORM 10-SB REPORT INDEX
<TABLE>
<S> <C> <C>
Item No. Page No.
- -------- --------
Item 1. Description of Business 1

Item 2. Management's Discussion and Analysis or Plan
of Operation 4

Item 3. Description of Property 5

Item 4. Security Ownership of Certain Beneficial
Owners and Management 6

Item 5. Directors, Executive Officers, Promoters and
Control Persons 7

Item 6. Executive Compensation 9

Item 7. Certain Relationships and Related
Transactions 10

Item 8. Legal Proceedings 11

Item 9. Market for Common Equity and Related
Stockholder Matters 11

Item 10. Recent Sales of Unregistered Securities 12

Item 11. Description of Securities 14

Item 12. Indemnification of Directors and Officers 15

Item 13. Financial Statements 16

Item 14. Changes In and Disagreements With Accountants
on Accounting and Financial Disclosure 16

Item 15. Financial Statements and Exhibits 17
</TABLE>

Item 1. Description of Business
- ---------------------------------

THE COMPANY

Anderson Computers/Tidalwave Corp., a publicly traded, Florida
Corporation (Hereinafter the "Company") was
incorporated on April 17, l996. It was initially organized
for the purpose of targeting profitable companies that could
eventually be acquired. The Company would acquire all or
part of the outstanding and issued stock or assets of the
targeted companies. This would happen following extensive
due diligence by the Company, and the signing of a purchase
agreement by both parties, which have products and/or
services that primarily use or could use the Internet as a
vehicle for profit. The Company's strategy is based on the
fact that the Internet marketplace is growing at a rapid
pace and the timing is right to purchase companies that are
currently engaged in the business of manufacturing and/or
marketing services over the Internet or products and/or
services that can eventually be marketed over the Internet.

BUSINESS OF THE COMPANY

Present Business - New focus for the next millennium

During the first Quarter of 1999, the Company determined
through market research that the computer hardware industry
was not where the Company's focus needed to be. Profits
started to diminish and the computer hardware industry
became very price competitive. The Company wanted to
formulate a strategy during the next 6 months on what it
aggressively needed to do in order to move forward in the
coming months to capture and establish a strong place on the
Internet. The Company took a detailed look into many
different options and possible directions and knew the
Internet should be a big factor in establishing a viable
plan.

In April 1999, the Company began to investigate and do
research on several industries in which it was considering
expanding its business. At this time, the Company decided
the field that it wanted to enter into and develop over the
Internet in the coming months was the mortgage and mortgage
services industry.

Currently, the Company is in transition from being a computer
reseller to becoming a full service Internet
mortgage and mortgage services company. The Company plans
on making this transition complete by mid year 2000.

It was time to re-establish the Company's business focus on
the Internet for the next millennium. Before this could
happen, the Company felt it needed to make a strategic
alliance to redirect current and potential computer
customers. This would give the Company's management the
time to research the industry as well as time to go out and
seek potential mortgage and mortgage services acquisition
candidates.

Acquisitions

In April of 1999, the Company started talking to a mortgage
and a mortgage services company. In June 1999, the Company
signed a Letter of Intent with Mortgage Depot Online
Corporation but following further due diligence this
acquisition was never finalized with the signing of a
definitive purchase agreement.

In June of 1999, the Company signed a Purchase Agreement
with Citizen's Title Services, Inc. ("Citizen's Title") In
this purchase agreement, the Company acquired a 4.9%
position in privately held, Citizen's Title through a stock
exchange. Citizen's Title is a fully automated full service
title insurance agent with offices in Coral Springs, Florida
and Melbourne, Florida. It is a start up company that began
operations at it's Coral Springs headquarters in 1998.
Citizen's Title has a network infrastructure that allows for
expansion of satellite title offices communicating over a
frame relay circuit. Citizen's Title, did in excess of $100
million dollars in loan closings in 1998 and 1999.
Citizen's Title also offers bundled ancillary services such
as T1-Internet and Ethernet data and document transfer which
allows for on-line processing, and paperless transaction
ability. Citizen's Title is also fully Y2K compliant. The
Company feels Citizen's Title is a key component to develop
its entry into the Internet mortgage and related services
industry. The Company feels that 80% of its future revenue
will come from the Internet mortgage and related services
industry through acquisitions, joint ventures, and strategic
alliances in this industry.

In July, 1999, the Company signed a letter of intent with
Citizen's Title to acquire an additional 20.1% through a
stock exchange. In October, 1999, the Company signed a
purchase agreement with Citizen's Title to purchase an
additional 5.1% bringing their current holdings in Citizen's
Title to 10%. The Company intends to sign a definitive
purchase agreement for an additional 15% of Citizen's Title
bringing the Company's holdings in Citizen's Title to 25%.

The Company plans on funding future acquisitions through
stock exchanges. If additional capital is needed the
Company may consider a secondary offering or private
placement.

Joint Ventures

In March of 1999, the Company signed a joint venture
agreement with Micro Doctor, Inc. This joint venture
allowed the Company to link it's corporate web-site to Micro
Doctor, Inc.'s corporate web-site,
http://www.microdoctor.com, in order to allow the Company's
customers access to Micro Doctor, Inc.'s e-commerce
technology. This technology allows customers to choose from
a large variety of different internal computer parts when
placing an order for a custom made computer over the
Internet. These parts include the following: CPU,
motherboard, memory, video card, sound card, modem, hard
drive as well as a choice of monitors. Using Micro Doctor,
Inc.'s state of the art software, customers can custom build
and order their own computers over the Internet. Micro
Doctor, Inc. is another Internet based computer hardware
reseller. Through this joint venture agreement with Micro
Doctor, Inc., the Company is paid royalties based on sales
of Tidalwave Computers by Micro Doctor, Inc. Micro Doctor,
Inc. is also in charge of all of the manufacturing of
Tidalwave Computers. These computers are built on a per
order basis.

However, the Company plans on making this a small focus of
its future business and will only remain in this market
through it's interactive e-commerce corporate web-site,
http://www.tidalwavepc.com, with its joint venture with
Micro Doctor, Inc. All previous Tidalwave Computer and
software business is now being sold through Micro Doctor,
Inc., except for brand name computers, palm pilots, and POS
equipment which is still sold direct through the Company on
a limited basis. Micro Doctor plans on adding these name
brand products to its web-site by the end of the year. At
such time these brand name products will no longer be sold
through the Company but through the agreement with Micro
Doctor, Inc. The Company anticipates the sale of all
products sold through this joint venture agreement will make
up approximately 10% of the Company's revenues.

In April of 1999, the Company signed a joint venture with
the Virginia based Company, Cyberlinkcom Corp. As the
Internet grew in popularity more customers and potential
customers began asking the Company to recommend Internet
service providers as well as to provide or recommend
companies that offer web-site design and promotion. The
Company decided that it would be a logical asset to make an
alliance with an Internet Company. In this agreement, the
Company is able to offer through its corporate web-site,
http://www.tidalwavepc.com, Internet services,
telecommunication services, Internet-related products, and
Internet access. Some of the products and services the
Company offers though this joint venture with Cyberlinkcom
Corp. are web hosting, web design, web promotion, web
evaluation, URL submission, 1+long distance phone service,
calling cards, free e-mail, free web-sites, Internet access,
i-check and products such as the i-phone. The Company
anticipates the sale of these products and services will
make up approximately 5% of the Company's revenue.

Future Competition

Although the Company believes it will be able to establish
and maintain a sizable market niche, competitors with greater
financial and human resources than the Company can
enter the Company's market with products and services
similar or identical to those of the Company. The Company
plans to enter into the growing Internet mortgage and
mortgage services related industry in the coming months. The
mortgage banking industry is highly competitive. The
Company and Citizen's Title will have to compete with other
financial institutions, such as mortgage bankers, commercial
banks, savings and loan associations, savings banks, credit
unions, loan brokers, insurance companies in the production
of mortgage loans. The Company will compete principally by
offering loans with competitive features, by emphasizing the
quality of its service, and by pricing its range of products
at competitive rates. The Company also feels that by
offering bundled ancillary services through it's Citizen's
Title acquisition that the Company will have a specialized
edge that will draw business away from competitors. By
offering the combination of these services along with
traditional mortgage loans customers will have more
resources at their finger tips in one place on the Internet
than currently available. Most of the Company's competitors
such as E-Loan, QuickenMortgage, GetSmart, Mortgage.com, and
HomeShark will have financial resources that are
substantially greater than those of the Company but at this
time do not offer the ancillary services that the Company
will offer on the Internet. However, through acquisitions,
strategic alliances, and ancillary services, the Company
believes it will be able to compensate for that difference.

Business Operations- Internet Associations and Affiliations

The Company became an associate of Amazon.com and an
affiliate of Beyond.com in December of 1998. After getting
approval from both Amazon.com and Beyond.com of it's
corporate web-site, http://www.tidalwavepc.com., the term
"associate" was given to the Company by Amazon.com, and the
term "affiliate" was given to the Company by Beyond.com.
The Company was to use these terms when making reference to
the relationship between Amazon.com and the Company and
Beyond.com and the Company. The Company was given links
from Amazon.com and Beyond.com to place on its corporate
web-site, http://www.tidalwavepc.com, linking it to the
Amazon.com corporate web-site, http://www.amazon.com, and
the Beyond.com corporate web-site, http://www.beyond.com.
At this time the Company could start promoting the products
of Amazon.com and Beyond.com on its web-site and in press
releases. The Company's main goal for deriving these
relationships was to bring increased traffic to our web-site
to generate increased sales of other products the Company
offers as well as to receive additional revenue from each
sale Amazon.com and Beyond.com make from visitors from the
Company's web-site. The Company anticipates the sale of
these products will make up less than 5% of the Company's
revenues.

PREVIOUS BUSINESS

The Company has been involved with the business of providing
technical support and training for computers and software
users. In addition, it has provided developmental help to
individual customers as well as small businesses in
designing and configuring computers and computer systems.
This includes home systems consisting of a computer,
monitor, printer and software as well as POS (Point of
Sales) systems for small businesses, and setting up
management software as well as trouble shooting current and
future hardware and software applications for small
businesses in developing computer networks and software that
will allow these small businesses to run more efficiently.
The Company also provided other business related services
and products such as POS software, cash drawers, and receipt
printers for small businesses, which combine state of the
art techniques related to the design, development, marketing
and implementation of computer equipment and/or related
products and/or services.

The Company has been in the business of supplying and
furnishing: (1) the services of technical and specialized
personnel to inspire confidence in it's customers and
potential customer's; and (2) equipment, instruments,
devices, appliances, and parts in connection with all
related forms whether mechanical, electrical, or otherwise
including products under development.

Tidalwave Computers

The Company was a direct reseller of customized state of the
art computers on the Internet. The Company's computers use
only the most up to date computer parts to ensure each
computer is Y2K compliant. The Company introduced its own
line of personal computers under the brand name "Tidalwave."
Tidalwave Computers are top quality, affordable, pre-assembled
computers pre-configured with software and are
built to meet the special needs of individuals with
capabilities such as voice recognition software and/or video
conferencing, learning software for children such as
interactive encyclopedias or educational games, or software
for home use such as spreadsheets, word processing, and
financial applications. Tidalwave Computers are also built
to meet the needs of small and mid-size businesses needing
large capacity hard drives and tape or CD back-up as well as
network/LAN cards and more advanced office software such as
Microsoft Office or Windows NT.

Tidalwave PC's capitalize on the following technologies:
inexpensive, top quality Pentium Microprocessors, brand name
components such as Intel Pentium Processors, Western Digital
and Seagate large capacity hard drives, CD-ROM or CD-ROM/DVD
drives and modems, PC centric operating systems such as
Microsoft Windows 98 and NT, mini-tower and desk-top PCs,
software, and multimedia applications. There are three
models of Tidalwave Computers. All models are powerful
enough to run all IBM compatible software applications on
the market. The three models of Tidalwave Mini-Tower or
Desk-top Computers offered are the Value line which starts
under $600, the Surf line which starts under $800, and the
Tsunami line which starts at approximately $1,100. Tidalwave
computers made up approximately 60% of the Company's revenue
prior to the Company's joint venture with Micro Doctor in
March, 1999.

In addition to it's lines of Tidalwave Computers, the
Company was involved in the sales of name brand mini-towers
systems, notebook computers, surge protectors, power
supplies, scanners, software, and other types of computer
equipment from manufacturers such as AST, APC, Digital,
Intuit, Microsoft, NEC, Toshiba, Tripp Lite and many more.
In addition, the Company sells major brands of monitors such
as CTX, Hitachi, MAG Innovision, Mitsubishi, NEC, Panasonic,
Sony, Viewsonic, printers such as Cannon, Epson, Hewlett
Packard, and Okidata, scanners from Hewlett Packard, and
3Com Palm Pilots. The sale of these products made up
approximately 20% of the Company's revenue.

Past Competition

The Company's main competition is small to mid-size computer
resellers that sell custom built computers and computer
products direct to the public on the Internet. The
Company's customers usually are also comparing prices with
direct custom computer sales leaders Dell, Gateway, and
Micron. The Company uses the same high quality parts inside
of each Tidalwave Computer as these industry leaders,
therefore educated price conscious computer buyers are
willing to give the Company a chance to build their computer
system if we can beat the industry leaders price. The
Company is able to offer such competitive prices because of
its low overhead. In 1996 and 1997, Tidalwave Computers
were 10% to 20% lower in price then Dell, Gateway, and
Micron. In 1998 and 1999 prices of computers have become
extremely competitive. The Company's prices in these
competitive times can be 1% to 5% less then Dell, Gateway,
and Micron and comparable in price to other small and mid-size
computer resellers on the Internet. Occasionally the
Company's computers are slightly more expensive than it's
small to mid-size computer competitors but the Company has
seen that it's customers are willing to pay a little more
for personalized friendly service. Others like the
availability of the option to design their own computer
systems, and with the Company's willingness to order special
parts that other direct sales computer companies will not.
Customers don't have to use the configurations offered in
the Value, Surf, or Tsunami lines; they can just be used as
examples. The Company feels that most second time computer
buyers customize the computers they order with the type of
equipment they specifically want. The Company uses parts in
each Tidalwave Computer from manufacturers such as Intel, US
Robotics, Microsoft, Western Digital, Seagate, Diamond,
Matrox, ATI, and more - there are hundreds of manufacturers
to choose from.

Distributors

The Company purchased all of it's name brand computers, and
computer parts, and software such as CPU's, modems, video
cards, motherboards, monitors, printers, memory, etc. from
computer distributors. These distributors are made up of
computer distribution companies such as Ingram Micro, Tech
Data, D&H, ICG, as well as others, that keep an extensive
inventory of name brand computers, computer parts, and
software for computer and software resellers, manufacturers,
etc.

Outsourcing

The Company outsourced their lines of Tidalwave Computers to
established computer manufacturers. This helps the company
lower costs by not having to keep a large inventory of parts
as well as being able to utilize the manufacturers large
staff of trained computer engineers. The Company will only
buy from manufacturers that have high-quality control and
the availability of additional technical support if needed,
including repair facilities. At this time the Company still
purchases product from computer distributors but limits this
to replacement parts for past Tidalwave Computers sold and
only for small orders by previous customers.

Item 2. Management's Discussion and Analysis or Plan of
Operation Past and Present Business
- -------------------------------------------------------

Initially, our Company was involved in designing and
configuring customized computers and computer systems for
individuals and small businesses. In addition we began
selling computer hardware and software products such as
monitors, printers and scanners. Our Company also provided
computer and software technical support and training. In
July 1998, we introduced a line of affordable customized
personal computers under the "Tidalwave" brand name.
Tidalwave computers contain hardware components and software
from only the most well respected computer and software
manufacturers, including Intel, Diamond, Microsoft, and
Western Digital, and since only the most up to date parts
are used, all Tidalwave Computers are Y2K compliant. In
addition to our line of "Tidalwave" Computers, we sell other
name brand computers, peripherals, software, and computer
supplies from manufacturers such as AST, APC, Digital,
Intuit, Microsoft, NEC, Toshiba, Tripp Lite and many more.
All products are sold over the Company's corporate internet
web-site, http://www.tidalwavepc.com.

In December 1998, the Company became an associate of
Amazon.com and an affiliate of Beyond.com. This allowed the
Company to market products offered by both Amazon.com and
Beyond.com on our corporate web-site. Some products the
Company is able to offer through it's respective association
and affiliation are books, videos, software, and more.

In addition, the Company currently offers computer products
and services as well as Internet products and services over
its corporate web-site. The products offered are products
that the Company offers through joint venture agreements
that the Company entered into in April and March 1999 with
Cyberlinkcom Corp. and Micro Doctor, Inc., respectively.
The Company's joint venture with Cyberlinkcom Corp. allowed
it to market internet products and services such as web
hosting, web design, web promotions, free e-mail, Internet
access, and more. The Company's joint venture with Micro
Doctor, Inc. provided the Company's customers access to a
wider variety of personal and business solutions when
customizing their own Tidalwave Computers over the Internet.
This was made possible when the Company linked it's
corporate web-site to Micro Doctor, Inc.'s fully interactive
e-commerce corporate web-site.

In the second quarter of 1999, the Company was looking to
change directions in its Internet focus and general course
of business. In April 1999, the Company began talking to
several mortgage and mortgage service companies, as the
company decided that it would like to begin marketing
mortgage and mortgage services over the internet. In June
1999, the Company acquired 4.9% of Citizens Title Services,
Inc., ("Citizen's Title") a fully automated privately held
title insurance agent in Florida. Citizen's Title is a
start up company that began operations in 1998. In October,
1999, the Company signed a purchase agreement with
Citizen's Title to purchase an additional 5.1% bringing
their current holdings in Citizen's Title to 10%. The
Company feels this acquisition is an important step towards
realizing the Company's future plans.

The Company believes that the Internet industry is prime for
consolidation. This consolidation would be derived through
a series of mergers, acquisitions, and joint ventures of
companies that can benefit by taking advantage of each
other's exclusive markets, by increasing their market share,
through combinations that eliminate duplication of
management, marketing, advertising, and overall financial
responsibilities.

The Company plans on quickly making the Computer and
Internet Services part of its future business a smaller
concern than it is now. The Company plans on only remaining
in this market through its interactive e-commerce corporate
web-site, http://www.tidalwavepc.com, with its joint venture
with Micro Doctor, Inc. and its joint venture with
Cyberlinkcom, Corp. During the next 12 months the Company
plans on changing its main focus, and to start aggressively
developing it's mortgage and mortgage services business over
the internet. The Company may eventually decide to sell
off the Computer and Internet Services portion of its
business by selling the right to it's joint venture
agreements along with its corporate web-site,
http://www.tidalwavepc.com, to another computer hardware
company.

The Company plans on signing a definitive purchase agreement
with Citizen's Title to purchase an additional 15% of
Citizen's Title as agreed to in the letter of intent dated
July, 1999. The Company feels the definitive purchase
agreement for the additional 15% will be signed by the end
of June, 2000. The Company then plans on acquiring a
minimum of an additional 15% in Citizen's Title, increasing
it's ownership to at least 40% by December, 2000.

In June 1999, the Company signed a Letter of Intent with
Mortgage Depot Online Corporation but following further due
diligence this acquisition was never finalized by the
signing of a definitive purchase agreement.

Mortgage loan origination involves the following: offering
mortgage loans at specified rates and fees; processing and
verifying loan applications; reviewing borrower credit;
appraised value and mortgage property title collectively
referred to as underwriting; and funding loans at closing.

Mortgage loan origination produces revenue through loan
application fees payable by the borrower when an application
is made as well as through loan origination and other fees.
After origination, depending on a particular mortgage
banker's strategy, the mortgage banker will either retain
the servicing rights with respect to the originated loans or
sell such servicing rights. Mortgage bankers generally sell
the underlying mortgages thereby avoiding interest rate risk
associated with long term fixed rate instruments. The making
of a mortgage loan directly to a homeowner is generally
referred to as "retail origination," while the purchase of
whole loans from mortgage brokers and other retail
originators is referred to as "wholesale origination."

The Company anticipates that through the acquisition of
Citizen's Title Services, Inc. as well as possible
acquisitions or joint ventures with other mortgage companies
during the next 12 months, the Company's goal is to do a
minimum of 25 million dollars in loan closings and mortgage
originations per year. After the completion of the
additional purchase of 15% in Citizen's Title, the Company
will meet it's target as Citizen's Title did over 100
million dollars in loan closings in 1998 and 1999. The
mortgage and mortgage services industry is now the key focus
of the Company. By the end of June, 2000, the Company
plans on changing its name and symbol to more accurately
reflect the Company's future direction.

The Company plans on acquiring all or part of established
businesses, and plans on funding all future acquisitions
through stock swaps. The Company may also enter into joint
ventures and strategic alliances with mortgage and mortgage
services companies which can be completed without additional
funding. If additional capital is needed the Company may
consider doing a secondary offering or a private placement.
The Company feels not more than $500,000 in new capital will
be needed over the next 12 months because of the Company's
low overhead, low cost internet advertising and promotions.

Results of Operations

<TABLE>
<S> <C> <C> <C>
Fiscal Year Ended March 31 April 23(Inception)
1999 1998 to March 31, 1997
-------------------------------------------------
Gross Revenues $ 7,526 $44,360 $74,047
Cost of Revenues 5,352 41,678 73,001
Gross Profit 2,174 2,682 1,046
Selling & Admin. 382,078 46,095 13,537
Depreciation 265 265 199
Income (Loss) from
Operations (380,169) (43,678) 12,690
Other Income
Interest 2,250 317 -
Commissions - - 28
</TABLE>

Our revenues decreased 83% in 1999 and 40% in 1998. Computer
sales decreased from 32 systems in 1997 to 22 systems in
1998 and 3 systems in 1999. Our gross margins increased,
however, from 1.4% in 1997 to 29% in 1999. The decrease in
revenues and increase in gross margins reflects the fact
that the Company has turned it's focus away from low-margin
computer hardware and software products in 1997 and part of
1998 to selling higher margin technical computer services in
1998 and 1999. Although our gross margins improved during
1999, the computer industry became very highly competitive.
As a result, sales suffered during 1999 as our focus was
again shifted from providing technical computer services and
selling computer products to aggressively seeking potential
acquisitions for financing and future expansion in
noncomputer related industries (see Future Outlook).

Selling and Administration

Selling and administration expenses increased 725% in 1999
and 242% in 1998. The increase in 1999 was primarily due to
1) hiring a marketing and public relations company to
increase exposure to public markets at a cost of
$99,750(agreement expired April 1999 but was replaced by a
similar agreement with another public relations company
expiring October, 1999); 2) development and maintenance of
our website at a cost of $6,900; and 3) hiring a finance and
management consultant to seek investors and potential
acquisitions as well as provide assistance in financial and
management matters at a cost of $245,700. The increase in
1998 was primarily due to $27,000 in management consulting
fees that were incurred.

Liquidity

Cash flow deficiencies from operations in 1999 continued to
be financed by common stock issuances and loans similar to
that in 1998. Cash received from common stock amounted to
$21,925 and $35,000 during 1998 and 1999, respectively.
Although our auditor included an explanatory paragraph with
regards to our ability to continue as a going concern in our
audited financial statements, we believe we can overcome his
concerns (See Future Outlook). Our consultant continues to
seek investors and in April 1999, an additional $6,000 was
received from common stock issuances. At the same time our
consultant continues to seek out potential mortgage related
acquisitions or possible joint ventures. In addition, we
have not had an opportunity to take advantage of our new
positions as an "associate" of Amazon.com and an "affiliate"
of Beyond.com by fully marketing these services to our
customers. As is also true with our newly signed joint
venture agreements with Cyberlinkcom Corp. and Micro Doctor,
Inc., the Company has not had a chance to market the
services that it can now offer through its recent 4.9%
acquisition in Citizen's Title.

Outlook

The computer hardware and software industry became very
price competitive and profits started to diminish. Market
research conducted during the first quarter of 1999
concluded that the Internet should remain our primary medium
for conducting business but that the computer hardware and
software industry should not be the Company's main focus.
The computer products and services and internet products and
services resale business will remain intact through our
agreement with Cyberlinkcom Corp. and Micro Doctor, Inc.,
but may eventually be sold.

In June 1999, we acquired 4.9% of Citizen's Title. In July,
1999, we signed a letter of intent with Citizen's Title to
acquire an additional 20.1%. In October, 1999, we acquired
an additional 5.1% of Citizen's Title bringing our current
holdings in Citizen's Title to 10%. The Company intends to
sign a definitive purchase agreement for an additional 15%
of Citizen's Title bringing the Company's holdings in
Citizen's Title to 25% by the end of June, 2000. By
December, 2000, we plan on acquiring a minimum of an
additional 15% in Citizen's Title to bring our total
holdings to at least 40%. Citizen's Title did over $100
million dollars in loan closing in 1998 and 1999. With
planned acquisitions through the issuance of common stock
and strategic alliances with other mortgage and mortgage
service companies, we are optimistic that our Company will
be profitable in the near future.

Item 3. Description of Property
- -----------------------------------

The Company presently shares office space with a company
owned by Eric Anderson, a stockholder, located at 1831 NE
45th Street, Fort Lauderdale, Florida 33308. The office is
exclusively executive offices for businesses. No rent is
being charged to the Company. The Company anticipates
moving from this space by June, 2000 at which time it will
move it's headquarters to a leased space located at 210
University Drive, #206, Coral Springs, Florida.

Item 4. Security Ownership of Certain Beneficial Owners and
Management
- -----------------------------------------------------------

The following table sets forth certain information as
of December 31, 1999 regarding the beneficial ownership of
all of the Company's outstanding common stock, par value
$.001 per share (the "Common Stock"), including such
ownership by: (i) each of the stockholders of the Company
who own more than five (5%) percent of the outstanding
shares of Common Stock; (ii) each director of the Company;
and (iii) all directors and executive officers of the
Company as a group. As of December 31, 1999, there were
24,381,957 shares of Common Stock outstanding.
<TABLE>
<S> <C> <C>
Name and Address of Amount and Nature of
Beneficial Owner (1) Beneficial Ownership (2 ) Percent of Class
- ----------------------------------------------------------------------------
Internet TV Connector Corp. 2,267,665 Common Shares 9.30% Common Shares
Joseph Andy, President
Citizen's Title Services, Inc.
210 University Drive
Coral Springs, Florida 33071 2,014,884 Common Shares 8.26% Common Shares
Leon Kline 1,145,948 Common Shares 4.70% Common Shares
All directors and executive
officers as a group
(2 persons) 1,145,948 Common shares 4.70% Common Shares
</TABLE>

(1)The address of each person and entity other than
Citizen's Title Services, Inc. listed in the above table is
c/o the Company, 1831 NE 45th Street, Fort Lauderdale,
Florida 33308.

(2)The persons and entities named in this table have sole
voting and investment power with respect to all shares of
common stock reflected as beneficially owned by each.

Item 5. Directors, Executive Officers, Promoters and
Control Persons
- ---------------------------------------------------------

Directors, Executive Officers, Promoters and Control
Persons of the Company and their ages are as follows:

Name Age Position
- --------- -- --------------------
Leon Kline 28 President, Treasurer,
Chief Executive Officer
and Director

James Baker 50 Vice-President and
Secretary

All officers and directors listed above will remain in
office until the next annual meeting of the stockholders,
and until their successors have been duly elected and
qualified. There are no agreements with respect to the
election of Directors. The Company has not compensated its
Directors for service on the Board of Directors, any
committee thereof, or reimbursed for expenses incurred for
attendance at meetings of the Board of Directors and/or any
committee of the Board of Directors. Officers are appointed
annually by the Board of Directors and each Executive
Officer serves at the discretion of the Board of Directors.
The Company does not have any standing committees. The
Board of Directors may in the future determine to pay
Director's fees and reimburse Directors for expenses related
to their activities.

None of the Officers and/or Directors of the Company
have filed any bankruptcy petition, been convicted of or
been the subject of any criminal proceedings or the subject
of any order, judgment or decree involving the violation of
any state or federal securities laws within the past five
(5) years.

The business experience of each of the persons listed
above during the past five (5) years is as follows:

1. Leon Kline has been President and Chief Executive
----------
Officer of the Company since April 1996. He is responsible
for all day to day business operations, including dealing
one-on-one with customers, distributors, manufacturers,
attorneys, accountants, public relations persons, and
consultants. He has been personally involved in designing
the Company's line of Tidalwave personal computers, servers
and notebooks. Prior to his position with Anderson
Computers, Mr. Kline was President of Internet TV Connector
Corp. (a more than 5% shareholder of the Company) from
January 1996 through May 1997. While serving as President
of Internet TV Connector Corp., he created and applied for a
United States Patent for a low internet appliance that
allows users to connect to the Internet through their
television sets. He also arranged for the first prototype
of this Internet TV Connector Box to be manufactured. His
daily responsibilities included assisting associates in
marketing and meeting with potential clients to promote the
Internet TV Connector Box and to develop solutions for
various applications of the Internet TV Connector Box. From
June 1994 to December 1995, Mr. Kline was an Editor for Blue
Chip Newsletter. In this capacity, he developed a formula
for buying and selling New York Stock Exchange stocks and
created the only daily faxed newsletter that was sent out
prior to the New York Stock Exchange market opening.

Mr. Kline attended American University in Washington, D.C.
from 1989 through 1990. Thereafter, he enrolled in
Montgomery College in Rockville, Maryland from 1990 through
1991. Finally, he enrolled in Broward Community College,
Coconut Creek, Florida from 1994 through 1995.

2. James Baker has been the Vice President and Secretary
-----------
of the Company since June 1, 1999, when the Company
appointed Mr. Baker to succeed Ms. Anderson as Vice-President
and Secretary. Mr. Baker is an attorney. His
employment history has included positions as counsel for
Statewide Lending Centers Inc., Citizen's Title Services
Inc., and National Homebuyers Help Center Realty Corp. He
was also counsel for Mortgage 2000 Inc./Heritage Corporation
of South Florida Inc., where he was instrumental in
structuring a corporate buy-out of Florida's oldest
privately held mortgage bank. In addition, Mr. Baker held
the following positions: counsel for S&S Ltd., an offshore
commercial real estate development company; President of
Baker Capital Management Inc. doing business as Market
Watch, an investment management firm; Senior trust officer
for Bank One Trust Co., N.A. in Columbus, Ohio; and staff
attorney for Cory, Leonard, Witter and Cheny, an insurance
defense law firm. Mr. Baker obtained his law degree from
Western State University School of Law located in San Diego,
California in 1982 and his Bachelor of Arts degree from Ohio
State University in 1977.

Item 6. Executive Compensation
- -----------------------------------

Summary Compensation Table

The following sets forth the compensation paid by the
Company for services rendered by Officers and Directors of
the Company:

Name and Principal Year Annual Salary (1)
Position
- ------------------------------------------------------------
Leon Kline 1997/1998/1999 None
President/Chief Executive
Officer/Director

James Baker 1999 None

Barbara Anderson 1997 and 1998 None

1. The Company has not entered into any employment
agreements with any officer or director of the Company. The
Company does intend to enter into employment agreements
with the officers of the Company upon the successful
completion of agreements to purchase other companies.

Item 7. Certain Relationships and Related Transactions
- ----------------------------------------------------------

The Company presently leases space from Eric Anderson, a
Company shareholder. Such office space located at 1831 NE
45th Street, Fort Lauderdale, Florida 33308 and is used
exclusively as executive offices for businesses. No rent is
being charged to the Company by Eric Anderson.

Leon Kline, President and Director of the Company, owns less
than five percent of Internet TV Connector Corp., a
shareholder of the Company.

The Company has 12% interest bearing notes receivable due
from Internet TV Connector Corp., the majority stockholder.
The notes were issued on various dates from February 27
through May 13, 1998 and are due on demand with interest
payable monthly.

Monies are due to the President of the Company based on
advances made during July and August, 1996 to the Company by
its President to purchase computer hardware and software
products for resale. These advances are non-interest
bearing and are expected to be fully repaid within the next
twelve months.

The amount due to at related party consists of company
expenses paid by Internet TV Connector Corp., the
majority stockholder. On May 5, 1999, agreement was made to
settle $93,750 of the liability through issuance of 125,000
common shares. On May 7, 1999, agreement was made to settle
the remaining balance of $17,267 through the issuance of
20,459 common shares.

Item 8. Legal Proceedings
- -----------------------------

The Company is not presently a party to any litigation
of any kind or nature whatsoever, nor to the Company's best
knowledge and belief is any litigation threatened or
contemplated.

Item 9. Market for Common Equity and Related Stockholder
Matters
- ---------------------------------------------------------

A. Market Information: The Company's common stock was
trading on the NASDAQ OTC Electronic Bulletin Board under
the symbol "ACPT." As of July 2, 1999, the Company has been
trading on the Electronic Pink Sheets under the symbol
"ACPT". The high and low sales prices for each quarter
since the Company was accepted for listing on the NASDAQ OTC
Electronic Bulletin Board is as follows:
<TABLE>
<S> <C> <C>
Fiscal Quarter High Low
- -------------- ------ ------
June 30, 1998 2.2500 0.8750
September 30, 1998 2.2500 0.7500
December 31, 1998 1.2500 0.2500
March 31, 1999 1.0620 0.2000
June 30, 1999 1.0720 0.1560
September 30, 1999 0.1250 0.0625
December 31, 1999 0.2700 0.0500
</TABLE>

B. Holders: The number of record holders of shares of the
Company's common stock as of December 31, 1999 was 343. The
aggregate number of shares of the Company's common stock
issued and outstanding as of December 31, 1999 was
24,381,957.

C. Dividends: The Company has not paid or declared any
dividends upon its shares of common stock since its
inception, and by reason of its present financial status and
its contemplated financial requirements, it does not
contemplate or anticipate paying any dividends upon its
shares of common stock in the foreseeable future.

Item 10.Recent Sales of Unregistered Securities.
- -------------------------------------------------

On February 2, 1998, the Company completed a Regulation
D, Rule 504 Offering in which it issued 35,000 shares of
common stock and 350,000 common stock purchase warrants for
an aggregate offering price of $35,000. Each Warrant
entitles the holder to one share of Common Stock at a price
of $2.00 per common share. The expiration date for the
exercise of the warrants is December 31, 2000. To date, no
warrants have been exercised. At the time, the Company
was not a reporting company subject to the reporting
requirements of section 13 or 15(d) of the Exchange Act.
The aggregate offering price did not exceed $1,000,000 for
this offering. The Company did not offer or sell the
securities by any form of general solicitation or
advertising. The money was raised by the officers and
directors of the Company.

The Company qualified for the Rule 504 exemption for
its February 2, 1998 offering since it met the following
requirements set forth in Reg. 230.504:

(A). No general solicitation or advertising was
conducted by the Company in connection with the offering of
any of the Shares.

(B). At the time of the offering the Company was not:
(1) subject to the reporting requirements of Section
13 or 15 (d) of the Exchange Act; or
(2) an "investment company" within the meaning of the
federal securities laws.

(C). Neither the Company, nor any predecessor of the Company,
nor any director of the Company, nor any beneficial
owner of 10% or more of any class of the Company's equity
securities, nor any promoter currently connected with the
Company in any capacity has been convicted within the past
ten years of any felony in connection with the purchase or
sale of any security.

(D). The offers and sale of securities by the Company
pursuant to the February 2, 1998 Offering Memorandum were
not attempts to evade any registration or resale
requirements of the securities laws of the United States or
any of its states.

(E). None of the investors are affiliated with any
director, officer or promoter of the Company or any
beneficial owner of 10% or more of the Company's securities.

(F). The aggregate offering price did not exceed
$1,000,000, less the aggregate offering price for all
securities sold within the twelve months before the start of
and during the offering of securities under this section.

(G). The Company has complied with the requirements of
Rule 504 of Regulation D promulgated pursuant to the Act and
of applicable state exemptions from registration in the
offers and sales by the Company of its securities in the
February 2, 1998 Offering Memorandum.

On January 21, 1999, the Company entered into an
Agreement for Consulting Services with Roburt A. Dumas, Jr.
whereby Mr. Dumas agreed to provide corporate finance and
management services for the Company. Pursuant to this
Agreement, the Company issued 1,050,00 restricted shares
from treasury to Mr. Dumas. Such shares are "restricted" in
accordance with Rule 144 of the Securities Act.

On March 2, 1999, the Company agreed to issue 25,000
restricted shares from treasury to Richard I. Anslow, Esq.
for services rendered in connection with the preparation of
this Form 10-SB. Such shares are restricted in accordance
with Rule 144 of the Securities Act of 1933.

On March 25, 1999, the Company executed an agreement
with Micro Doctor, Inc. ("Micro Doctor") whereby Micro
Doctor agreed to exclusively sell the Company's Tidalwave
Computer systems along with other equipment such as
software, monitors, printers, and accessories. In
accordance with the terms of the Agreement, the Company
issued 203,314 restricted shares to Micro Doctor for its
agreement to exclusively sell the Company's Tidalwave
Computers. Such shares are "restricted" in accordance with
Rule 144 of the Securities Act of 1933.

On April 7, 1999, the Company entered into a joint
venture agreement with CyberlinkCom Corp., a Virginia
Corporation. Pursuant to the terms of this agreement, both
parties agreed to work together in the sale of CyberlinkCom
Corp.'s computer related products and services. Pursuant to
the joint venture agreement, the Company issued 25,800
restricted shares from treasury to CyberlinkCom Corp. Such
shares are "restricted" in accordance with Rule 144 of the
1933 Securities Act.

On May 7, 1999, the Company issued 145,459 common
shares in payment of the amount due to Internet TV Connector Corp.
(a major stockholder) of $111,017. As of September 27, 1999,
such shares have not been issued by the transfer
agent. Such shares are "restricted" in accordance with
Rule 144 of the Securities Act of 1933.

On June 22, 1999, the Company entered into an agreement
with Citizen's Title Services, Inc. a Florida Corporation to
purchase 4.9% of the outstanding common shares of Citizen's
Title Services, Inc. Pursuant to the terms of this
agreement, The Company issued 488,060 common shares valued
at $297,717 ($.61 per share) for the 4.9% interest in
Citizen's Title Services, Inc. On October 27, 1999,the
Company entered into an agreement with Citizen's Title
Services, Inc. a Florida Corporation to purchase an
additional 5.1% of the outstanding common shares of
Citizen's Title Services, Inc. Pursuant to the terms of
this agreement, the Company issued 1,526,824 common shares
valued at $294,677 ($.19 per share) plus cash of $5,000 for
the 5.1% interest in Citizen's Title Services, Inc. Such
shares are "restricted" in accordance with Rule 144 of the
Securities Act of 1933.

On October 1, 1999, the Company entered into a
consulting agreement with Wall Street Marketing Group Inc.
("Wall Street") whereby Wall Street agreed to assist and
advise the Company in public relations, public appearances
and the marketing of the Company. Pursuant to the terms of
this agreement, the Company issued 424,208 restricted shares
from treasury to Wall Street. Such shares are "restricted"
in accordance with Rule 144 of the Securities Act. In
addition, Wall Street received an option to purchase an
additional 424,208 shares at the purchase price of $.15 per
share which expires on October 1, 2000.

The following sets forth sales of the Company's
unregistered treasury shares between March, 1999 and June
1999. Such shares are restricted for a one (1) year period
from the date of purchase in accordance with Rule 144 of the
Securities Act:

<TABLE>
<S> <C> <C>
2/15/99 Panfilo Pace 20,000 shares at $.25/share
2/16/99 Michelle Folsom 21,284 shares at $.25/share
3/25/99 John Romano 10,000 shares at $0.15/share
3/26/99 Charles Creighton 6,667 shares at $0.15/share
3/31/99 Santos Rivera 140,000 shares at $0.15/share
3/31/99 James Miller 3,333 shares at $0.15/share;
4/1/99 Antonio Santos 10,000 shares at $0.15/share;
4/19/99 James Scarfo 10,000 shares at $0.15/share;
5/7/99 Antonio Santos 4,000 shares at $.25/share
5/7/99 Hal Howard 2,000 shares at $.25/share
5/7/99 Charles Creighton 4,000 shares at $.25/share
5/7/99 James Miller 6,000 shares at $.25/share
5/7/99 Joann DelGuercio 2,000 shares at $.25/share
5/18/99 Kenneth L. Folsom 4,800 shares at $.25/share
5/19/99 Richard Franklin 4,000 shares at $.25/share
5/20/99 Arline H. Gales 6,000 shares at $.25/share
5/20/99 Charles N. Simmons 4,000 shares at $.25/share
6/1/99 Santos A Rivera 125,000 shares at $.20/share
8/27/99 James Lawrence IV 10,667 shares at $.15/share
9/4/99 Deborah Lawrence 20,000 shares at $.15/share
9/4/99 Nancy Malynchak 10,000 shares at $.15/share
9/29/99 Marie-Therese Medard 20,000 shares at $.15/share
10/12/99 Fadi Bassil 10,000 shares at $.15/share
</TABLE>

For each of the above transactions, the Company relied
upon the exemption from registration under the Securities
Act of 1933, as amended, as provided by Section 4(2) of the
Act or Rule 504 of Regulation D. The Company qualified for
exemption under Section 4(2) of the Securities Act of 1933
since the offering was a transaction by the Company not
involving a public offering. The offering was not a
"public offering" as defined in Section 4(2) due to the
insubstantial numbers of persons involved in the offering,
size of the offering, manner of the offering and number of
shares offered. The General Counsel of the SEC has
indicated that an offering to not more than approximately 25
persons is not an offering to a "substantial number" and
presumably does not involve a public offering. The
offering has been made to less than twenty-five investors
who have received information regarding the Company. In
addition, the investors had the necessary investment intent
as required by Section 4(2) since they agreed to and have
received share certificates bearing a legend stating that
such shares are restricted pursuant to Rule 144 of the 1933
Securities Act. These restrictions ensure that these shares
will not be immediately redistributed into the market and
therefore not be part of a "public offering". Based on an
analysis of the above factors, the Company has met the
requirements to qualify for exemption under Section 4(2) of
the Securities Act of 1933.

Item 11. Description of Securities
- --------------------------------------

Authorized and Outstanding Capital Stock
The Company's authorized capital stock consists of
100,000,000 shares of common stock, $.001 par value. As of
December 31, 1999, 24,381,957 shares of common stock were
issued and outstanding.

Each share of common stock entitles the holder to one
(1) vote on all matters submitted to a vote of the
stockholders. The common stock does not have cumulative
voting rights, which means that the holders of a majority of
the outstanding shares of common stock voting for the
election of directors can elect all members of the Board of
Directors. A majority vote is also sufficient for other
actions that require the vote or concurrence of stockholders
except in cases in which more than a simple majority is
required by law. Holders of common stock are entitled to
receive dividends, when and if declared by the Board of
Directors in its discretion, from funds legally available
therefore. Holders of shares of common stock are entitled
to share, on a ratable basis, such dividends as may be
declared by the Board of Directors out of funds legally
available therefor. Upon liquidation, dissolution or
winding up of the Company, after payment to creditors, the
holders of common stock are entitled to share ratably in the
assets of the Company, if any, legally available for
distribution to common stockholders of the Company. The
Bylaws of the Company require that only a majority of the
issued and outstanding shares of common stock of the Company
need be represented to constitute a quorum and to transact
business at a stockholders' meeting.

The common stock has no preemptive rights or no
subscription, redemption or conversion privileges. All of
the outstanding shares of common stock are fully paid and
nonassessable.

The Company's Board of Directors has total discretion
as to the issuance and the determination of the rights and
privileges of any shares of common stock which may be issued
in the future, which rights and privileges may be
detrimental to the rights and privileges of the holders of
the existing shares of the Company's common stock now issued and outstanding.

Transfer Agent

The Transfer Agent for Anderson Computers/Tidalwave
Corp. is American Stock Transfer & Trust Company, Inc.

Item 12. Indemnification of Directors and Officers
- ------------------------------------------------------

Under Florida law, a director is not personally liable
for monetary damages to the corporation or any other person
for any statement, vote, decision, or failure to act unless
(i) the director breached or failed to perform his duties as
a director, and (ii) a director's breach of, or failure to
perform, those duties constitutes (1) a violation of the
criminal law, unless the director had reasonable cause to
believe his conduct was lawful or had no reasonable cause to
believe his conduct was unlawful; (2) a transaction from
which the director derived an improper personal benefit,
either directly or indirectly; (3) a circumstance under
which an unlawful distribution is made; (4) in a proceeding
by or in the right of the corporation or in a proceeding in
which the corporation procures a judgment in its favor or by
or in the right of a shareholder, conscious disregard for
the best interest of the corporation or willful misconduct;
or (5) in a proceeding by or in the right of someone other
than the corporation or a shareholder, recklessness or an
act or omission which was committed in bad faith or with
malicious purpose or in a manner exhibiting wanton and
willful disregard of human rights, safety, or property. A
corporation may purchase and maintain insurance on behalf of
any director or officer against any liability asserted
against him and incurred by him in his capacity or arising
out of his status as such, whether or not the corporation
would have the power to indemnify under Florida law.

The Company's Bylaws limit, to the maximum extent
permitted by Florida law, the personal liability of
directors and officers for monetary damages for breach of
their fiduciary duties as directors and officers. The
Bylaws provide further that the Company shall indemnify to
the fullest extent permitted by Florida law any person made
a party to any action or proceeding by reason of the fact
that such person was a director, officer, employee or agent
of the Company. The Bylaws also provide that directors and
officers who are entitled to indemnification shall be paid
their expenses incurred in connection with any action, suit
or proceeding in which such director or officer is made a
party by virtue of his being an officer or director of the
Company to the maximum extent permitted by Florida law.

Item 13.Financial Statements
- ----------------------------

The financial statements for the Company as of March 31,
1999 and March 31, 1998 (audited) have been examined to the
extent indicated in reports by Earl M. Cohen, C.P.A., P.A.
independent certified public accountants. The
aforementioned financial statements are included herein in
response to Item 15 of this Form 10-SB.

Item 14. Changes in and Disagreements with Accountants on
Accounting and Financial Disclosure
- ----------------------------------------------------------

The Company's accountants are Earl M. Cohen, C.P.A.,
P.A of Boca Raton, Florida. The Company does not presently
intend to change accountants. At no time have there been
any disagreements with such accountants regarding any matter
of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure. The Company
engaged Earl M. Cohen to render accounting services on April
26, 1999.

The Company dismissed its prior accountants, Durland &
Company, Certified Public Accountants, of Palm Beach,
Florida on December 31, 1998. Such accountant prepared the
Company's audited financial statements for the year ended
March 31, 1998 and from April 23, 1996 (inception of the
Company) through March 31, 1997. Such accountant's report
on the audited financial statements contained a going
concern on the Company. Furthermore, the decision to change
accountants was approved by the Company's Board of
Directors. From the Company's inception through the date of
dismissal, there were no disagreements with the former
accountant on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope
or procedure, which, if not resolved to the former
accountant's satisfaction, would have caused it to make
reference to the subject matter of the disagreement in
connection with its report.

Item 15. Financial Statements and Exhibits

The following exhibits are filed with this Form 10-SB:

EXHIBIT # EXHIBIT NAME

3(i) Articles of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(ii) First Articles of Amendment to Articles
of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(iii) Second Articles of Amendment to Articles
of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(iv) Third Articles of Amendment to Articles
of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(v) By-Laws of Anderson Computers/Tidalwave
Corp. *

5 Opinion of Richard I. Anslow, Esq. of
Richard I. Anslow & Associates

10(i) Letter of Intent between the Company
And Citizens Title Services, Inc.
Re: 20.1% interest **

10(ii) Purchase Agreement between the Company
and Citizens Title Services, Inc.
Re: 4.9% interest and letter from
Accountant of Citizens Title Services,
Inc. **

10(iii) Agreement between Company and Micro
Doctor, Inc. **

10(iv) Agreement between Company and
CyberLinkCom Corp. **

10(v) Consulting Agreement between Company
And Advantage Link Inc. **

10(vi) Agreement between Company and Wall
Street Marketing Group **

10(vii) Agreement for Consulting Services
Between Company and Robert A. Dumas, Jr.
**

10(viii) Agreement between Company and Amazon.com
**

10(ix) Agreement between Company and Beyond.com
**

16 Letter from former accountant ***

27 Financial Data Schedule

* Filed with intitial filing of Form 10-SB on May 25
1999.
** Filed with Amendment No. 1 to Form 10-SB on July 27,
1999.
*** Filed with Amendment No. 2 to Form 10-SB on September
9, 1999.

SIGNATURES

In accordance with Section 12 of the Securities
Exchange Act of 1934, the registrant caused this
registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized.

ANDERSON COMPUTERS/TIDALWAVE CORP.

By: /S/ Leon Kline
Leon Kline
President, Chief Executive Officer
Treasurer and Director

Dated: January 20, 2000

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each director and
officer whose signature appears below constitutes and
appoints Richard I. Anslow as such person true and lawful
attorney-in-fact and agent, with full powers of substitution
and re-substitution, for such person in name, place and
stead, to sign in any and all amendments (including post-effective
amendments) to this Form 10-SB, in any and all
capacities, and to file the same, with all exhibits thereto
and all other documents in connection therewith, with the
Securities and Exchange Commission, granting unto such
attorney-in-fact and agent, the full power and authority to
do and perform each and every act and thing requisite and
necessary to be done, as fully to all intents and purposes
as he might or could do in person, hereby ratifying and
confirming all that such attorney-in-fact and agent, or any
of them, may lawfully do or cause to be done by virtue
hereof.

In accordance with the requirements of the Securities Act of
1933, this Form 10-SB was sign by the following person in
the capacities and on the date stated.

Signature Title Date

/s/ Leon Kline President, Treasurer January 20, 2000
LEON KLINE Chief Executive
Officer and
Director

/s/ James Baker Vice President and January 20, 2000
JAMES BAKER Secretary

ANDERSON COMPUTERS/TIDALWAVE CORP.

TABLE OF CONTENTS
<TABLE>
<S> <C>
Page
Independent Auditor's Report 1

Financial Statements:

Balance Sheets 2

Statements of Operations 3

Statements of Changes in Stockholders' Deficiency 4

Statements of Cash Flows 5 - 6

Notes to Financial Statements 7 - 11
</TABLE>

INDEPENDENT AUDITOR'S REPORT

To The Board of Directors
Anderson Computers/Tidalwave Corp.

I have audited the accompanying balance sheet of Anderson
Computers/Tidalwave Corp., as of March 31, 1999 and the
related statements of operations, changes in stockholders'
deficiency and cash flows for the year then ended. These
financial statements are the responsibility of the Company's
management. My responsibility is to express an opinion on
these financial statements based on my audit. The financial
statements of Anderson Computers/Tidalwave Corp. as of March
31, 1998 were audited by other auditors whose report dated
August 18, 1998 on those statements included an explanatory
paragraph that described the Company's ability to continue
as a going concern, as discussed in Note 7 to the financial
statements.

I conducted my audit in accordance with generally accepted
auditing standards. Those standards require that I plan and
perform the audit to obtain reasonable assurance about
whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by
management, as well as evaluating the overall financial
statement presentation. I believe that my audit provides a
reasonable basis for my opinion.

In my opinion, the financial statements referred to above
present fairly, in all material respects, the financial
position of Anderson Computers/Tidalwave Corp. as of March
31, 1999, and the results of its operations and its cash
flows for the year then ended in conformity with generally
accepted accounting principles.

The accompanying financial statements have been prepared
assuming that the Company will continue as a going concern.
As discussed in Note 7 to the financial statements, the
Company has experienced net losses of $433,942 since
inception and a working capital deficiency of $126,465 as of
March 31, 1999. The Company's financial position and
operating results raise substantial doubt about its ability
to continue as a going concern. Management's plans
regarding those matters are also described in Note 7. The
financial statements do not include any adjustments that
might result from the outcome of this uncertainty.

May 7, 1999
(except for Note 8, as to
which the date is July 19, 1999)

BY: /s/ Earl M. Cohen
----------------------------
EARL M. COHEN, C.P.A., P.A.

ANDERSON COMPUTERS/TIDALWAVE CORP.
BALANCE SHEETS
MARCH 31, 1999 AND 1998

ASSETS

<TABLE>
<S> <C> <C>
1999 1998
---- ----
CURRENT ASSETS
Cash $ 22,125 $ 1,050
Notes receivable 13,600 31,750
Accrued interest receivable 154 154
-------- --------

Total Current Assets 35,879 32,954

COMPUTER SOFTWARE - NET 66 331
-------- --------

TOTAL ASSETS $ 35,945 $33,285
-------- --------
-------- --------

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

CURRENT LIABILITIES
Accounts payable and accrued $ 43,378 $24,266
Due to officer 7,950 7,950
Due to related party 111,017 17,267
-------- -------
Total Current Liabilities 162,345 49,483

STOCKHOLDERS' DEFICIENCY (126,400) (16,198)

TOTAL LIABILITIES AND STOCKHOLDERS'
DEFICIENCY $ 35,945 $33,285
-------- -------
-------- -------
</TABLE>
Read accompanying Notes to Financial Statements.

ANDERSON COMPUTERS/TIDALWAVE CORP.
STATEMENTS OF OPERATIONS
YEARS ENDED MARCH 31, 1999 AND 1998
<TABLE>
<S> <C> <C>
1999 1998
---- ----

REVENUES
Net sales $ 7,526 $ 32,852
Net sales - related parties - 11,508

Total Net Sales 7,526 44,360

COST OF SALES 5,352 41,678
-------- -------

GROSS PROFIT 2,174 2,682
-------- -------

EXPENSES
Consulting fees 245,700 27,190
Marketing and public relations 106,650 -
Professional fees 15,958 8,453
Transfer agent fees 9,419 -
Office supplies and expense 2,015 3,349
Taxes - other 1,046 462
Bank charges and credit card fees 815 1,103
Telephone 475 433
Depreciation expense 265 265
Dues and subscriptions - 259
Interest expense - 1,846
Organization expense - 3,000
--------- ------

Total Operating Expenses 382,343 46,360
--------- ------

LOSS FROM OPERATIONS (380,169) (43,678)

INTEREST INCOME 2,250 317
--------- -------
NET LOSS $(377,919) $(43,361)
------------ ---------
------------ ---------

LOSS PER SHARE $ (.02) $ (0.002)
---------- ---------
---------- ---------

WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING 20,393,794 20,216,153
---------- ----------
---------- ----------
</TABLE>

Read accompanying Notes to Financial Statements.

ANDERSON COMPUTERS/TIDALWAVE CORP.
STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIENCY
YEARS ENDED MARCH, 1999 AND 1998
<TABLE>
<S> <C> <C> <C> <C> <C>
Common Stock Additional Stock
Number of Par Paid-in Subscription
Shares Value Capital Receivable Deficit Total
------ ----- ------- ------------------ -----

BALANCE -
MARCH 31,1997 20,040,000 $20,040 $181,960 $(201,000) $(12,662) $(11,662)
Repayment of stock
subscription receivable - - - 825 - 825
Issuance of common stock
for services 150,000 150 2,850 - - 3,000
Issuance of common stock
for cash 35,000 35 34,965 - - 35,000
Cancellation of notes
receivable (40,000) (40) (199,960) 200,000 - -
Net loss - - - - (43,361) (43,361)
-------- -------- ---------- --------- -------- --------

BALANCE -
MARCH 31, 1998 20,185,000 20,185 19,815 (175) (56,023) (16,198)
Issuance of common stock
for services 1,075,000 1,075 244,650 - - 245,725
Issuance of common stock
for cash 181,284 181 21,744 - - 21,925
Repayment of stock
subscription receivable - - - 67 - 67
Net loss - - - - (377,919) (377,919)
---------- ---------- -------- ---------- --------- ---------

BALANCE -
MARCH 31, 1999 21,441,284 $21,441 $286,209 $ (108) $(433,942)$(126,400)
---------- ------- -------- --------- --------- --------
---------- ------- -------- --------- --------- --------
</TABLE>
Read accompanying Notes to Financial Statements.

ANDERSON COMPUTERS/TIDALWAVE CORP.
STATEMENTS OF CASH FLOWS
YEARS ENDED MARCH 31, 1999 AND 1998

<TABLE>
<S> <C> <C>
1999 1998
---- ----
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss $(377,919) $(43,361)
Adjustments to reconcile net loss
to net cash used in operating
activities:
Depreciation 265 265
Issuance of common stock for
services 245,725 3,000
(Increase) decrease in:
Notes receivable 18,150 (31,750)
Accrued interest receivable - (154)
Increase (decrease) in:
Accounts payable and accrued
expenses 19,112 12,466
Sales tax payable - (156)
-------- ---------
NET CASH USED IN OPERATING ACTIVITIES (94,667) (59,690)
--------- ---------
CASH FLOWS FROM INVESTING ACTIVITIES:
Repayment of stock subscription
receivable 67 825
--------- ---------

CASH FLOWS FROM FINANCING ACTIVITIES:
Net proceeds from issuance of common
stock 21,925 35,000
Increase in amount due to related
party 93,750 17,267
--------- --------
NET CASH PROVIDED BY FINANCING
ACTIVITIES 115,675 52,267
--------- --------
NET INCREASE (DECREASE) IN CASH 21,075 (6,598)

CASH AND CASH EQUIVALENTS - BEGINNING 1,050 7,648
--------- --------
CASH AND CASH EQUIVALENTS - ENDING $ 22,125 $ 1,050
----------- ---------
----------- ---------
Read accompanying Notes to Financial Statements.

ANDERSON COMPUTERS/TIDALWAVE CORP.
STATEMENTS OF CASH FLOWS (CONTINUED)
YEARS ENDED MARCH 31, 1999 AND 1998

1999 1998
---- ----
SUPPLEMENTAL DISCLOSURE OF NONCASH
INVESTING AND FINANCING ACTIVITIES:
Issuance of common stock for services $245,725 $3,000
-------- ------
-------- ------
</TABLE>

Read accompanying Notes to Financial Statements.

ANDERSON COMPUTERS/TIDALWAVE CORP.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 1999 AND 1998

NOTE 1. ORGANIZATION
------------

Anderson Computers/Tidalwave Corp. was incorporated
on April 23, 1996 under the laws of the State of Florida.
The company operates as a reseller of its customized
"Tidalwave" brand and other non "Tidalwave" brand computer
products via the Internet. The Company's headquarters is
in Fort Lauderdale, Florida.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
------------------------------------------

Revenue Recognition
-------------------

Sales are recognized upon shipment to the customer.

Computer Software
-----------------

Computer software is recorded at cost. Depreciation
is computed on the straight line basis using an
estimated useful life of three years.

Syndication Costs
-----------------

Costs incurred in raising capital through the
issuance of common stock is recorded
as a reduction in additional paid-in capital.

Income Taxes
-------------

Deferred income taxes are provided for differences
between the basis of assets and liabilities for
financial and income tax reporting.
A valuation allowance is provided against deferred
income tax assets in circumstances where management
believes recoverability of a portion of the assets
is not reasonably assured.

Loss Per Share
--------------

Loss per share is computed by dividing net loss for the
year by the weighted average number of shares
outstanding.

ANDERSON COMPUTERS/TIDALWAVE CORP
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 1999 AND 1998

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(CONTINUED)

Statement of Cash Flows
-----------------------

For purposes of this statement the Company considers
all highly liquid investments with a maturity of three
months or less to be cash equivalents.

Use of Estimates
-----------------

Management uses estimates and assumptions in preparing
financial statements in accordance with generally
accepted accounting principles. Those estimates and
assumptions affect the reported amounts of assets and
liabilities, the disclosure of contingent assets and
liabilities, and the reported revenues and expenses.
Accordingly, actual results could vary from the
estimates that were assumed in preparing the financial
statements.

Reclassifications
-----------------

Certain amounts for 1998 have been reclassified to
conform to the current presentation.

NOTE 3. COMPUTER SOFTWARE
-----------------

Computer software as of March 31, 1999 and 1998 are as
follows:

1999 1998
----- ----

Cost $ 795 $ 795
Accumulated Depreciation (729) (464)
------ ------
Total $ 66 $ 331
------ ------
------ ------

NOTE 4. INCOME TAXES
------------

As of March 31, 1999, the Company has net operating loss
carry forwards for income tax purposes of approximately

ANDERSON COMPUTERS/TIDALWAVE CORP.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 1999 AND 1998

NOTE 4. INCOME TAXES (CONTINUED)
------------------------
$434,000 expiring through March 31, 2014, available
to offset future taxable income. No deferred tax assets
have been recorded due to the Company having no history
of profitable operations.
The Company has not yet filed its federal and state
corporate income tax returns for the year ended
March 31,1998.

NOTE 5. RELATED PARTY TRANSACTIONS
--------------------------

Office Facilities
-----------------

The Company shares office space with a company owned
by a stockholder. No rent is being charged to the
Company.

Notes Receivable
----------------

Notes receivable represent 12% interest bearing notes
due from Internet TV Connector Corp., the
majority stockholder. The notes were issued on various
dates from February 27 through May 13, 1998 and are due
on demand with interest payable monthly.

Due to Officer
---------------

Due to officer consists of advances made during July
and August, 1996 to the Company by its President to
purchase computer hardware and software products for
resale. These advances are non-interest bearing and
are expected to be repaid within the next twelve
months.

Due to Related Party

The amount due to related party consists of company
expenses paid by Internet TV Connector Corp., the
majority stockholder. On May 5, 1999, agreement
was made to settle $93,750 of the liability through
issuance of 125,000 common shares. On May 7, 1999,
agreement was made to settle the remaining balance
of $17,267 through the issuance of 20,459 common
shares.

ANDERSON COMPUTERS/TIDALWAVE CORP.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 1999 AND 1998

NOTE 6. CAPITAL STOCK
-------------

The Company has authorized 100,000,000 common shares with
a par value of $.001 per share. As of March 31, 1999 and
1998, 21,441,284 and 20,185,000 common shares were issued
and outstanding, respectively.

On February 2, 1998, the Company issued a Regulation D,
Rule 504 Offering Memorandum providing for the sale of
7000 units for a total consideration of $35,000. Each
unit consisted of one share of common stock and fifty
common stock purchase warrants. The warrants are not
exercisable until July 26, 1998 and may be exercised
until July 26, 1999 at an exercise price of $2.00 per
share. The exercise date was extended to December 31,
1999 through a resolution of a meeting of directors and
stockholders dated January 26, 1999. The effect of the
assumed exercise of the warrants on loss per share for
the years ended March 31, 1999 and 1998 were anti-
dilutive, therefore, no diluted loss per share has been
presented on the statements of operations. All units
offered under the Offering Memorandum were sold.

NOTE 7. GOING CONCERN
-------------

The accompanying financial statements have been presented
on the basis of the continuation of the Company as a
going concern and do not include any adjustments relating
to the recoverability and classification of recorded
asset amounts or the amounts and classification of
liabilities that might be necessary should the Company be
unable to continue as a going concern. The Company has
incurred operating losses of $433,942 since inception and
has a working capital deficit of $126,465 as of March 31,
1999.

Management is actively seeking investors for additional
funds through stock sales and through increasing
operating revenues.

ANDERSON COMPUTERS/TIDALWAVE CORP.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 1999 AND 1998

NOTE 8. SUBSEQUENT EVENTS
-----------------

On April 19, 1999, the Company settled a delinquent
account included in accounts payable and accrued
expenses totaling $19,566 for $9,800.

On March 25, 1999, the Company entered into an agreement
with a company to sell its "Tidalwave" brand computers.
As consideration for entering into this agreement,
the Company issued 203,314 common shares on April 12,
1999. Also, as part of this agreement, the Company will
receive a license fee based upon a percentage of the
net profits of each "Tidalwave" computer sold, and a
10% fee on non "Tidalwave" computer products sold.

On April 6, 1999, the company entered into an agreement
whereby 25,800 common shares were issued in settlement
of past due website development and maintenance
services of $6,900 (included in accounts payable
and accrued expenses) and for future services
totaling $6,000. Also, as part of this agreement
the Company will receive, for referrals made by the
Company, a referral fee.

Subsequent to March 31, 1999, 201,800 common shares were
issued for a total consideration of $40,200.

On June 22, 1999, the Company purchased a 4.9% interest
in Citizen's Title Services, Inc., a title insurance
company, for $297,717 by issuing 488,060 common shares.
The common stock was valued using the 30 day average
trading market price. On July 19, 1999, the Company
signed a letter of intent to purchase an additional 20.1%
interest. This transaction has not yet closed.

CITIZENS TITLE SERVICES, INC
BALANCE SHEET
AS OF SEPTEMBER 30, 1999
<TABLE>
<S> <C> <C>
ASSETSCURRENT ASSETS
Cash Escrow (Commercial) 373,260
Cash-Operating (Union) $ (3,419)
Cash-Client Costs (Union) 140
Cash-Operating (SouthTrust) 6,340
Cash-Client Costs (Commercial) 143
Cash-Operating (Commercial) 5,750
Cash-Escrow (Union) 74,887
Cash-Escrow (SouthTrust) 131,690

TOTAL CURRENT ASSETS $ 588,792

FIXED ASSETS
Furniture Fixt. & Equip. $124,836
A/D-Furn. Fixt. & Equip. (58,332)

TOTAL FIXED ASSETS 66,503

OTHER ASSETS
Organizational Costs 195.00

TOTAL OTHER ASSETS 195.00

TOTAL ASSETS $655,490

LIABILITIES &
STOCKHOLDERS EQUITY
-------------------
CURRENT LIABILITIES
Accounts Payable $ 35,809
Accrued Expenses 10,115
FICA Taxes Payable 1,830
Withholding Taxes Payable 5,391
Employee Deduction Payable 1,887
Escrow-Liability 579,837
Note Payable-Adv Micro Solut. 445
Loan Payable-AAA Financial Services 363
Loan Payable-The Associates 2,506
Loan Payable- Commercial Bank 59,000

TOTAL CURRENT LIABILITIES $688,183

STOCKHOLDERS EQUITY
Capital Stock 1,500
Distributions (75,955)
Retained Earnings 1,816
Net Income or (Loss) 39,946

TOTAL STOCKHOLDERS EQUITY 32,693

TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $655,490
=========

(UNAUDITED REPORT)
</TABLE>
CITIZENS TITLE SERVICES, INC.
STATEMENT OF OPERATIONS
NINE MONTHS YEAR TO DATE
ENDED SEPTEMBER 30, 1999
<TABLE>
<S> <C> <C>
YEAR TO DATE
NINE MONTHS ENDED
SEPTEMBER 30, 1999 Pct
-------------------- ----
INCOME
Fees $1,024,186 100.35
Returns & Allowances (3,590) (0.35)
TOTAL INCOME 1,020,597 100.00

GENERAL EXPENSES
Accounting & Legal 57,684 5.65
Auto 52,493 5.14
Advertising 19,272 1.89
Amortization 402 0.04
Bank Charges 986 0.10
Client Cost 35,826 3.51
Commissions 69,680 6.83
Contract Labor 2,274 0.22
Donations 100 0.01
Dues & Subscriptions 6,880 0.67
Entertainment & Meals 13,360 1.31
Equipment Rental 30,207 2.96
Gifts 1,489 0.15
Interest 18,681 1.83
Insurance 26,294 2.58
Licenses & Taxes 1,109 0.10
Office 24,224 2.37
Payroll-Office 231,066 22.64
Payroll Taxes 18,819 1.84
Postage & Courier 28,670 4.77
Processing Costs 210,521 20.63
Rent 46,725 4.58
Repairs & Maintenance 9,597 0.94
Telephone 31,571 3.09
Travel 14,870 1.46
-------------------------
TOTAL GENERAL EXPENSES 972,711 95.31
-------------------------
NET INCOME FROM OPERATIONS 47,886 4.69
OTHER INCOME
Rental Income 18,000 1.76
-------------------------
TOTAL OTHER INCOME (18,000) (1.76)

OTHER EXPENSES
Depreciation 25,014 2.45
Penalties 926 0.09
-------------------------
TOTAL OTHER EXPENSES 25,940 2.54
-------------------------
NET INCOME OR (LOSS) $ 39,946 3.91
=========================
(UNAUDITED REPORT)
</TABLE>

WAYNE HORWITZ, C.P.A, P.A.
CERTIFIED PUBLIC ACCOUNTANT
PROFESSIONAL ASSOCIATION
3511 W. COMMERCIAL BLVD., SUITE 402
FORT LAUDERDALE, FLORIDA 33309
(954) 484-1100

I have compiled the accompanying unaudited Balance Sheet of
CITIZENS TITLE SERVICES,INC., as of December 31, 1998 and
the related unaudited Statement of Operations for the twelve
months ended December 31, 1998 in accordance with Statements
on Standards for Accounting and Review Services issued by the
American Institute of Certified Public Accountants.

A compilation is limited to presenting in the form of
financial statements information that is the representation
of management. I have not audited or reviewed the
accompanying financial statement and, accordingly, do not
express an opinion or any other form of assurance on them.
However, I did become aware of certain departures from
generally accepted accounting principals that are described
in the following paragraphs.

Management has elected to omit substantially all disclosures
and the Statement of Retained Earnings and Cash Flows
required by generally accepted accounting principles. If
the omitted disclosures were included in the financial
statements they might influence the user's conclusions about
the Company's assets and liabilities and results of
operations on a cash basis. Accordingly, these financial
statement are not designed for those who are not informed
about such matters.

The statements do no include the accrual and related provision
or benefit for income taxes, if any, the effect of which have
not been determined.

WAYNE HORWITZ

CERTIFIED PUBLIC ACCOUNTANT
PROFESSIONAL ASSOCIATION

CITIZENS TITLE SERVICES, INC
BALANCE SHEET
AS OF DECEMBER 31, 1998

ASSETS
<TABLE>
<S> <C> <C>
CURRENT ASSETS
Cash-Operating (Union) $ 22,033
Cash-Client Costs (Union) 259
Cash-Operating (SouthTrust) 5,054
Cash-Escrow (Union) 490,869
----------
TOTAL CURRENT ASSETS $ 518,215

FIXED ASSETS
Furniture Fixt. & Equip. $ 89,826
A/D-Furn. Fixt. & Equip. (33,319)
-----------------------------
TOTAL FIXED ASSETS 56,507

OTHER ASSETS
Organizational Costs 240
Loan Costs 357
----------
TOTAL OTHER ASSETS 597
--------
TOTAL ASSETS $575,319
=========

LIABILITIES &
STOCKHOLDERS EQUITY
-------------------

CURRENT LIABILITIES
Accounts Payable $ 20,693
FICA Taxes Payable 4,516
Withholding Taxes Payable 2,343
Employee Deduction 1,108
Escrow Liability 490,869
Note Payable-Adv Micro Solutions 2,458
Loan Payable-AAA Financial Services 16
Note Payable-Union Bank 50,000
----------
TOTAL CURRENT LIABILITIES $572,003

STOCKHOLDERS EQUITY
Capital Stock 1,500
Distributions (130,641)
Net Income or (Loss) 132,457
-----------
TOTAL STOCKHOLDERS EQUITY 3,316
---------
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $575,319
=========

(UNAUDITED REPORT)
</TABLE>

CITIZENS TITLE SERVICES, INC.
STATEMENT OF OPERATIONS
TWELVE MONTHS YEAR TO DATE
ENDED DECEMBER 31, 1998
<TABLE>
<S> <C> <C>
YEAR TO DATE
TWELVE MONTHS ENDED
DECEMBER 31, 1998 Pct
------------------------------
INCOME
Fees $ 1,180,348 100.84
Returns & Allowances (9,888) (.84)

TOTAL INCOME 1,170,460 100.00

GENERAL EXPENSES
Accounting & Legal 42,648 3.64
Auto 38,231 3.27
Advertising 13,712 1.17
Amortization 417 0.04
Bank Charges 535 0.05
Client Cost 28,673 2.45
Commissions 95,695 8.18
Contract Labor 5,178 0.44
Donations 545 0.05
Dues & Subscriptions 1,787 0.15
Entertainment & Meals 14,066 1.20
Equipment Rental 15,655 1.34
Gifts 889 0.08
Interest 3,098 0.26
Insurance 17,290 1.48
Licenses & Taxes 221 0.02
Office 29,676 2.54
Payroll-Office 231,155 19.75
Payroll Taxes 18,310 1.56
Postage & Courier 65,704 5.61
Processing Costs 231,155 18.96
Rent 82,235 7.03
Repairs & Maintenance 4,466 0.38
Seminars & Meetings 6,150 0.53
Telephone 37,869 3.24
Travel 2,284 0.20
-------------------------
TOTAL GENERAL EXPENSES 978,374 83.59
NET INCOME FROM OPERATIONS 192,086 16.41

OTHER INCOME
Rental Income 24,000 2.05
-------------------------
TOTAL OTHER INCOME (24,000) (2.05)

OTHER EXPENSES
Officers Salary 50,000 4.27
Depreciation 33,319 2.85
Penalties 310 0.03

TOTAL OTHER EXPENSES 83,629 7.14

NET INCOME OR (LOSS) $ 132,457 11.32

(UNAUDITED REPORT)
</TABLE>
The following exhibits are filed with this Form 10-SB:
EXHIBIT # EXHIBIT NAME

3(i) Articles of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(ii) First Articles of Amendment to Articles
of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(iii) Second Articles of Amendment to Articles
of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(iv) Third Articles of Amendment to Articles
of Incorporation of Anderson
Computers/Tidalwave Corp. *

3(v) By-Laws of Anderson Computers/Tidalwave
Corp. *

5 Opinion of Richard I. Anslow, Esq. of
Richard I. Anslow & Associates

10(i) Letter of Intent between the Company
And Citizens Title Services, Inc.
Re: 20.1% interest **

10(ii) Purchase Agreement between the Company
and Citizens Title Services, Inc.
Re: 4.9% interest and letter from
Accountant of Citizens Title Services,
Inc. **

10(iii) Agreement between Company and Micro
Doctor, Inc. **

10(iv) Agreement between Company and
CyberLinkCom Corp. **

10(v) Consulting Agreement between Company
And Advantage Link Inc. **

10(vi) Agreement between Company and Wall
Street Marketing Group **

10(vii) Agreement for Consulting Services
Between Company and Robert A. Dumas, Jr.**

10(viii) Agreement between Company and Amazon.com**

10(ix) Agreement between Company and Beyond.com
**

16 Letter from former accountant ***

27 Financial Data Schedule

* Filed with intitial filing of Form 10-SB on May 25
1999.
** Filed with Amendment No. 1 to Form 10-SB on July 27,
1999.
*** Filed with Amendment No. 2 to Form 10-SB on September
9, 1999.

EXHIBIT 5 - OPINION OF RICHARD I. ANSLOW, ESQ.
- ----------------------------------------------

January 20, 2000

Anderson Computers/Tidalwave Corp.
1831 N.E. 45th Street
Fort Lauderdale, Florida 33308

Gentlemen:

You have requested our opinion, as counsel for Anderson
Computers/Tidalwave Corp., a Florida corporation (the
"Company"), in connection with the amended Form 10-SB, under
the Securities Act of 1933 (the "Act"), being filed by the
Company with the Securities and Exchange Commission.

We have examined such records and documents and made such
examination of law as we have deemed relevant in connection
with this opinion. It is our opinion that when there has been
compliance with the Act, the Shares, when issued, delivered,
and paid for, will be fully paid, validly issued and
nonassessable.

No opinion is expressed herein as to any laws other than the
State of New York, of the United States and the corporate laws
of the State of Florida.

We hereby consent to the filing of this opinion as an exhibit
to the amended Form 10-SB and to the reference to our firm
under the caption "Legal Matters" in the Registration
Statement. In so doing, we do not admit that we are in the
category of persons whose consent is required under Section 7
of the Act and the rules and regulations of the Securities and
Exchange Commission promulgated
thereunder.

Very truly yours,

RICHARD I. ANSLOW & ASSOCIATES

By: /s/ Richard I. Anslow
----------------------
RICHARD I. ANSLOW

EXHIBIT 27 FINANCIAL DATA SCHEDULE
- ----------------------------------

ANDERSON COMPUTERS\TIDALWAVE CORP.

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM THE MARCH 31, 1999 BALANCE SHEET
AND THE STATEMENTS OF OPERATIONS FOR FISCAL YEAR
ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

<TABLE>
<S> <C> <C>
[PERIOD-TYPE] 12-MOS
[FISCAL-YEAR-END] MAR-31-1999
[PERIOD-END] MAR-31-1999
[CASH] 22,125
[SECURITIES] 0
[RECEIVABLES] 13,754
[ALLOWANCES] 0
[INVENTORY] 0
[CURRENT-ASSETS] 35,879
[PP&E] 66
[DEPRECIATION] 0
[TOTAL-ASSETS] 35,945
[CURRENT-LIABILITIES] 162,345
[BONDS] 0
[COMMON] 0
[PREFERRED-MANDATORY] 0
[PREFERRED] 0
[OTHER-SE] <126,400>
[TOTAL-LIABILITY-AND-EQUITY] 35,945
[SALES] 7,526
[TOTAL-REVENUES] 7,526
[CGS] 5,352
[TOTAL-COSTS] 382,343
[OTHER-EXPENSES] 0
[LOSS-PROVISION] 0
[INTEREST-EXPENSE] 0
[INCOME-PRETAX] <377,919>
[INCOME-TAX] <377,919>
[INCOME-CONTINUING] <377,919>
[DISCONTINUED] 0
[EXTRAORDINARY] 0
[CHANGES] 0
[NET-INCOME] <377,919>
[EPS-BASIC] <0.02>
[EPS-DILUTED] 0
</TABLE>