SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 20, 1998
Applied Capital Funding, Inc.
----------------------------------------------------
(Exact name of Registrant as specified in its charter)
Colorado
--------------------------------------------
(State or Other Jurisdiction of Incorporation)
0-23171 - CIK: 0001045280 84-1280679
-------------------------- ------------------
(Commission File Number) (I.R.S. Employer
Identification No.)
4155 East Jewell Avenue, Suite 909, Denver, Colorado 80222
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (303) 691-6163
None
-----------------------------------------------------------
(former name of former address, if changed since last report)
<PAGE>
Item 5. Other Events.
A special meeting of the Shareholders of Applied Capital Funding, Inc. (the
"Company") was held at the offices of the Company on the 20th day of July, 1998,
at 10:00 a.m. The purposes of the meeting were to discuss management's past and
current operations, including management's efforts at internet marketing, and
management's proposal to explore business opportunities other than internet
marketing of mortgages.
The Chairman reviewed the efforts made to date to market the Company's
services on the internet. Thereupon the Chairman opened the meeting to
discussion.
A resolution was passed that the Company explore revenue generating
activities including the possibility of reestablishing its Denver area mortgage
brokerage service activities, and that management explore methods whereby the
shareholders' stock investment would be protected and enhanced.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
APPLIED CAPITAL FUNDING, INC.
(Registrant)
By: /S/ David R. Reitsema
--------------------------------
David R. Reitsema, Secretary
Date: July 20, 1998