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

To: bob sims who wrote (171)	5/4/1999 11:27:00 AM
From: bob sims	Read Replies (1) \| Respond to of 238

Group V Corporation Reports Increased Revenues with the Filing of First Quarter Results; Company Files 10Q for First Quarter 1999 SAN FRANCISCO--(BUSINESS WIRE)--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, 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. CONTACT: Group V Corporation John Steward, 415/575-0222 KEYWORD: CALIFORNIA