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Filed Pursuant to Rule 424(b)(3)
File No. 333-87353
STUPIDPC, INC.
SUPPLEMENT NO. 1
TO PROSPECTUS DATED FEBRUARY 14, 2000
The purpose of this supplement to the prospectus dated February 14,
2000 is to advise the selling shareholders named therein of a change to the
"Description of Capital Stock; 8% Convertible Debentures" section of the
prospectus. This supplement should be read with the original prospectus.
USE OF SHARES FOR THE PAYMENT OF INTEREST AND PENALTIES RELATED TO STUPIDPC
CONVERTIBLE 8% DEBENTURES
On August 21, 2000, StupidPC issued 376,363 shares of StupidPC common
stock, no par value, to the five selling shareholders who hold StupidPC
Convertible 8% Debentures. Such shares represent (i) accrued interest on the
Debentures through July 28, 2000, and (ii) penalties due to the debenture
holders pursuant to their registration rights. Such 376,363 shares are included
in the 1,610,334 shares registered, and the number of shares available for
conversion of Debentures has been reduced to 823,637 from the original
1,200,000 (out of the total 1,610,334 registered) shares available for
conversion of debentures.
The Date of this Prospectus Supplement is August 25, 2000
