SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 12b-25
Notification of Late Filing
Commission File Number 0-18224
(Check one): 0 Form 10-K and Form 10-KSB 0 Form 11-K
0 Form 20-F (X) Form 10-Q and Form 10-QSB
0 Form N-SAR
For period ended March 31, 1998
0 Transition Report on Form 10-K and 10-KSB
0 Transition Report on Form 20-F
0 Transition Report on Form 11-K
0 Transition Report on Form 10-Q and Form 10-QSB
0 Transition Report on Form N-SAR
For the transition period ended
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
PART I
REGISTRANT INFORMATION
Full name of registrant Gourp V Corporation
Former name if applicable NuOasis Gaming, Inc.
Address of principal executive office (Street and Number)
550 15th Street
City, State and Zip Code San Francisco, California 94103
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PART II
RULE 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check appropriate boxes.)
0 a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort or
expense;
(X) (b) The subject annual report, semiannual report, transition
Report on Forms 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or
portions thereof will be filed on or before the 15th calendar
day following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, 10-QSB, or portion
thereof will be filed on or before the fifth calendar day
following the prescribed due date; and
0 (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III
NARRATIVE
During the fiscal quarter ended March 31, 1997, the Registrant began to
assume operating control of the assets of a subsidiary of Universal Network
Services, Inc., (the "UNS Assets") in contemplation of Registrant's acquisition
thereof. As a result, it is anticipated that the earnings statements will
reflect the acquisition and operation of the UNS Assets resulting in a
significant change in operations from the prior year.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Joseph Monterosso (415) 575-0222
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or
15(d) or the Securities Exchange Act of 1934 or Section 30 of
the Investment Company Act of 1940 during the preceding 12
months or for such shorter periods that the registrant was
required to file such report(s) been filed? If the answer is
no, identify report(s).
(X) Yes 0 No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal
year will be reflected by the earnings statements to be
included in the subject report or portion thereof?
See Part III. above (X) Yes 0 No
Group V Corporation (formerly, NuOasis Gaming, Inc.)
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: May 14, 1998 By:/s/ Joseph Monterosso
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Joseph Monterosso,Chairman and CEO
