Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : GROUP V (GRPV) $.06 ON THE MOVE, BREAKING OUT -- Ignore unavailable to you. Want to Upgrade?

To: scouser who wrote (36)	2/21/1999 2:15:00 PM
From: bob sims	Respond to of 238

GROUP V CORP (OTC BB: GRPV) GROUP V CHAIRMAN RESPONDS TO 800% INCREASE IN STOCK PRICE FOR OTC:GRPV San Francisco, CA (February 18, 1999): Joseph Monterosso, Chairman and Chief Executive Officer of Group V Corporation, stated today "I am extremely pleased, yet not surprised, to see how favorably the market is responding to the considerable accomplishments of this Company. Our recent alliances and sales capability in the pre-paid phone card market will most certainly generate significant revenues for GRPV this year." More information is available on the Company's website: www.grpv.com. The Company's broad-based telecommunications and Internet marketing business plan is supported by the Company's wholly owned subsidiary, Academy Network Services (ANS). ANS provides the full telecommunications, customer service and fulfillment support of all ANS pre-paid and one plus long distance products, as well as for the HitLoTTo Club Card. The HitLoTTo Club Card is produced by Group V subsidiary National Pools Corporation (NPC) and is marketed as "The Phone Card That Can Make You Rich." With the HitLoTTo Club Card, anyone can play all the big U.S. lottery jackpots, including Powerball, from the convenience of their telephone today, and beginning in May, by computer. The HitLoTTo Club Card will allow lottery players from anywhere around the world to join lottery clubs and participate in some of the largest lottery jackpots in the U.S. "Our recent alliance with CPNM/Internet Marketing Consortium will generate in excess of 80 million hits per month for the HitLoTTo Club Card," Monterosso stated. "Through this media we will certainly efficiently and effectively expose this unique lottery phone card to the audience that purchases more than one hundred million dollars worth of lottery tickets per day in the U.S. alone. Coupled with the introduction of the HitLoTTo Virtual Card for international lottery players in April, Group V will certainly lay claim to the biggest "Lottery Club in the World." Monterosso also added that with the establishment of ANS's company sponsored distributorship program, 100 key representatives will be exclusively distributing ANS pre-paid phone cards and HitLoTTo products to key markets throughout the U.S. Each representative will be responsible for servicing 150-200 stores per week, with forecasted sales from each store at approximately $100.00 per day. Based on these projections, Group V revenues will exceed 30 million dollars per year in pre-paid phone card sales alone. Monterosso also stated that the Company plans other unique marketing programs to introduce the Company's products over the next year. Forward-looking statements in this release are made pursuant to the "safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

To: scouser who wrote (36)	2/21/1999 2:24:00 PM
From: bob sims	Read Replies (1) \| Respond to of 238

GROUP V SUBSIDIARY PARTNERS WITH INTERNET TELEPHONY PROVIDER ADVANCING WORLD WIDE WEB PRESENCE -Venture Opens Economical Long Distance Access in Major International Markets- San Francisco, CA (February 19, 1999): Group V subsidiary, Academy Network Services (ANS) and Sunrise Telecom announced today a joint venture to provide an international telephony gateway through a co-location agreement with ANS's Little Rock, Arkansas operations center. To begin in April, the co-location drastically reduces long distance costs for ANS and expands the international calling network with cost-effective Internet Telephony service. According to Joseph Monterosso, Chairman and Chief Executive Officer of Group V, "By integrating Internet Telephony technology at this stage in the growth and development of ANS, the Company has positioned itself to take full advantage of the tremendous opportunities that the Internet offers our customers with a worldwide calling network." Under the terms of the co-location agreement, establishing the Little Rock telehub allows Internet calls to originate and terminate from Academy's switching network to Sunrise Telecom's global network gateways in Lebanon, Kuwait, Sri Lanka and Egypt. The Company indicated that new gateway access established will systematically expand the Company's service network to other international markets over the next two years. Phillip Kennedy, Vice President of Operations for ANS stated, "The migration to Internet Telephony is a natural progression in the telecommunications development for ANS as we expand our worldwide network. The most obvious benefit for us is the anticipated reduction in international long distance rates of up to 90 percent." Kennedy commented that the gateways are an integral part of the Company's plans to target specific countries to market high quality telecommunication products at cost-effective rates. ANS is anticipating significant growth in Internet Telephony over the next twelve months. Internet Telephony is expected to represent 20 billion minutes of voice communication within the next two years. The technology reduces long distance costs by using the World Wide Web to carry high quality voice transmission. Academy Network Services is a wholly owned subsidiary of Group V Corporation (GRPV) specializing in niche telecommunication products and services. As a long distance carrier, Academy has the ability to support various configurations of pre-paid phone card traffic on debit platforms and maintains unlimited capacity for one plus and toll free long distance traffic for a variety o