SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
Statement of Changes in Beneficial Ownership
1) Name and Address of Reporting Person:
NuVen Advisors Inc., 4001 South Decatur, #399, Las Vegas, NV 89103
2) Issuer Name and Ticker or Trading Symbol:
Group V Corporation (GRPV)
3) IRS Number of Reporting Person (voluntary)
4) Statement for Month/Year:
June, 1997
5) If Amendment, Date of Original ( Month/Year):
Not Applicable
6) Relationship of Reporting Person to Issuer:
Director Officer (give title below) 10% Owner
X Other (specify below)
Affiliate
<TABLE>
<CAPTION>
Table I -Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or
Disposed (D)
- -------------------- ------------------- ----------------------- ----------------------------------------
Code V Amount (A) or (D) Price
------------ -------- ---------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C>
$.01 par value 07/08/97 20,000 D $.18
common stock
$.01 par value 07/08/97 10,000 D $.19
common stock
</TABLE>
[NUVENADV\FORM4:JULY1997.GPV]
1
<PAGE>
<TABLE>
<CAPTION>
1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or
Disposed (D)
- -------------------- ------------------- ----------------------- ----------------------------------------
Code V Amount (A) or (D) Price
----------- -------- ----------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C>
$.01 par value 07/08/97 10,000 D $.17
common stock
$.01 par value 07/08/97 140,000 D $.16
common stock
$.01 par value 07/08/97 10,000 D $.165
common stock
$.01 par value 07/08/97 25,000 D $.16
common stock
$.01 par value 07/08/97 15,000 D $.16
common stock
$.01 par value 07/10/97 20,000 D $.19
common stock
$.01 par value 07/10/97 55,000 D $.17
common stock
$.01 par value 07/10/97 25,000 D $.19
common stock
$.01 par value 07/10/97 15,000 D $.19
common stock
$.01 par value 07/17/97 25,000 D $.19
common stock
$.01 par value 07/17/97 100,000 D $.19
common stock
$.01 par value 07/29/97 45,000 D $.15
common stock
$.01 par value 07/29/97 10,000 D $.175
common stock
$.01 par value 07/29/97 20,000 D $.17
common stock
$.01 par value 07/30/97 25,000 D $.14
common stock
$.01 par value 07/30/97 5,000 D $.155
common stock
$.01 par value 07/30/97 20,000 D $.15
common stock
$.01 par value 07/31/97 25,000 D $.16
common stock
</TABLE>
[NUVENADV\FORM4:JULY1997.GPV]
2
<PAGE>
<TABLE>
<CAPTION>
1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or
Disposed (D)
- --------------------- ------------------- ------------------------ ---------------------------------------
Code V Amount (A) or (D) Price
------------ ---------- ---------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C>
$.01 par value 07/31/97 25,000 D $.155
common stock
$.01 par value 07/31/97 25,000 D $.16
common stock
$.01 par value 07/31/97 10,000 D $.155
common stock
$.01 par value 07/31/97 15,000 D $.155
common stock
$.01 par value 07/31/97 50,000 D $.16
common stock
$.01 par value 07/31/97 25,000 D $.16
common stock
770,000
=======
</TABLE>
5. Amount of Securities Beneficially Owned at End of Month
1,792,180
6. Ownership Form: Direct (D) or Indirect (I)
D
7. Nature of Indirect Beneficial Ownership
Not Applicable
[NUVENADV\FORM4:JULY1997.GPV]
3
<PAGE>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. , puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of Derivative
Derivative of Exercise Date Code Securities Acquired (A)
Security Price of or Disposed (D)
Derivative
Security
- -------------- --------------- --------------- ------------------- ----------------------------
Code V (A) (D)
-------- ------- --------------- -----------
<S> <C> <C> <C> <C> <C> <C>
</TABLE>
6. Date Exercisable and Expiration Date (Month/Day/Year)
N/A
7. Title and Amount of Underlying Securities
N/A
8. Price of Derivative Security
N/A
9. Number of Derivative securities Beneficially Owned at End of Month
N/A
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
D
11. Nature of Indirect Beneficial Ownership
N/A
Explanation of Responses:
N/A
Signature of Reporting Person
NuVen Advisors Inc.
Dated: August 7, 1997 /s/ J.L. Lawver
----------------------------------
J.L. Lawver
[NUVENADV\FORM4:JULY1997.GPV]
4