To: Can Do Stocks 2 who wrote (9805 ) 5/7/1999 10:13:00 AM From: Israel Read Replies (1) | Respond to of 13776
Friday May 7, 8:01 am Eastern Time Company Press ReleaseSix Million Shares Purchased by Group V Chairman and President Solid Future Fuels Commitment from Helm SAN FRANCISCO--(BUSINESS WIRE)--May 7, 1999--Group V Corporation (OTC BB:GRPV) announced today the Company's President and Chairman of the Board has purchased six million (6,000,000) shares of Group V common stock. President and Chairman Joseph Monterosso stated, ''This Company has a solid future with significant earnings potential. The next two quarters will begin to show the early results of our efforts. I have chosen to increase my personal holdings because of my confidence in our strategy and ability to execute on the strategy.'' Monterosso continued, ''In short order, we have managed to turn the financial condition of this Company around through clear focus, hard work and committed investors. Expanded revenue opportunities will fuel additional growth in upcoming quarters.'' The Company recently announced a consolidation and name change to TotalAxcess.com, Inc. citing better representation of the Company's emergent business. Group V Corporation (a publicly traded company OTC:BB GRPV) is a diversified telecommunications company specializing in some of the world's most profitable market segments including one plus, toll free long distance and pre-paid phone card products. Group V has created a network of complementary companies, many of which offer products and services of their own, many of which market, develop or deliver the products of companies within the Group V family. 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. --------------------------------------------------------------------------------