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): August 30, 2000
Grow Biz International, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Minnesota
(State or Other Jurisdiction of Incorporation)
000-22012 41-1622691
(Commission File Number) (I.R.S. Employer Identification Number)
4200 Dahlberg Drive, Golden Valley, MN 55422-4837
(Address of Principal Executive Offices) (Zip Code)
(612) 520-8500
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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Item 2. Acquisition or Disposition of Assets.
On August 31, 2000, the Company announced that it has completed the
sale of the Computer Renaissance Franchise system and three Computer
Renaissance retail stores to Hollis Technologies, LLC of Lakeland
Florida. A copy of the press release is attached as Exhibit 99.1 of
this Current Report on Form 8-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits:
99.1 Press Release dated August 31, 2000.
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.
GROW BIZ INTERNATIONAL, INC
Date: September 1, 2000 By /s/ John L. Morgan
John L. Morgan,
Chairman and Chief Executive Officer
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EXHIBIT INDEX
to
August 30, 2000 Form 8-K
Grow Biz International, Inc.
Exhibit Number Exhibit Description
99.1 Press Release dated August 31, 2000.
