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

To: Colin Cody who wrote (232)	5/17/1999 8:51:00 AM
From: CaraMia	Read Replies (1) \| Respond to of 238

NEWS!!! TotalAxcess.com - Formerly Group V - New Name Reflects Growing Internet Presence Business Wire - May 17, 1999 08:24 SAN FRANCISCO--(BUSINESS WIRE)--May 17, 1999-- Trading Under TXCI; All SEC Filings Current TotalAxcess.com Inc., trading under new ticker symbol TXCI, (formerly Group V Corporation OTC BB:GRPV) announced today commencement of business under the Company's new name reflecting its progression into Internet Marketing and E- Commerce activities. The Company also noted the completion of all SEC filings on May 14th with a detailed synopsis of second and third quarter results available on the business wire and on the Company's web page later in the week. TotalAxcess.com Chairman and Chief Executive Officer, Joseph Monterosso stated, "As TotalAxcess.com we will fully avail ourselves of the latest technology, trends and resources to promote and market our telecommunication products and services. We have initiated a focused and unencumbered sales strategy which will contribute strong earnings and increase profitability in the coming quarters." The Company fulfilled its commitment to be a fully reporting company with the May 14th filing of second and third quarter results, and expects all future SEC filings to be submitted in a timely manner. "I think it is very important that we complete the necessary filings as soon as possible to keep our shareholders apprised of our results. This requires a significant amount of resources in time and money, but is a necessary part of doing business," said Joseph Monterosso, Chairman and CEO. In anticipation of the tremendous revenue growth, TotalAxcess.com has instituted an overhaul of the Company's finance and accounting departments. This was necessary to ensure timely, accurate results as well as provide management information as to cost structures and performance against budget. Accounting information has been consolidated into one department at the Company's headquarters in San Francisco. This department is also responsible for the timely filing of all financial information to the SEC. TotalAxcess.com, Inc. has focused all departments to meet the challenges of a high growth company. The new streamlined accounting and finance department will maintain the controls necessary to aid this growth and ensure the success of future projects. TotalAxcess.com (a publicly traded company OTC BB: TXCI) 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. 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: TotalAxcess.com, Inc. John Steward, 415/575-0222