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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: TOPFUEL who wrote (15096)5/1/1999 11:32:00 PM
From: Tradenride  Respond to of 25711
 
GRPV timely news releases,,

Group V Corporation Reports Increased Revenues with the Filing of First Quarter
Results
-Company Files 10Q for First Quarter 1999-

San Francisco, CA (May 3, 1999): Group V Corporation (OTC:BB GRPV)
announced the filing of its first quarter 10Q ending September 30, 1998. A detailed
synopsis will be available on the web site www.grpv.com later in the week. The
company continues to be a fully reporting OTC BB company.

Chairman and CEO, Joseph Monterosso stated, "The Company enjoyed increased
revenue in the first quarter and we anticipate filing second and third quarter 10Q's by
May 15, 1999. We believe that with the challenges and business objectives we have set
for the Company, it is very important that the Company stay current with its filings in the
future."

Monterosso also announced a corporate name change, "In just a few days Group V
Corporation will change the company name to TotalAxcess.com, Inc. (TXCI) to reflect
the growing trend to Internet based business for future growth and opportunities in the
telecommunications industry. The change of name and corporate identity will enable
GRPV to embrace new technologies and business opportunities, thus ensuring growth,
while fine tuning the existing projects to reflect the industry's move to Internet related
technologies."

Monterosso went on to say, "GRPV has an excellent management team in place, a
growing customer base, sufficient working capital and a proven business plan. Our
current projects are reaching full implementation and continue to develop potential and
growth. We are very excited about the future for both the Company and the
telecommunications industry. We are confident that GRPV will be well positioned to
take full advantage of emerging trends."

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, 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.