SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Notification of Late Filing
Commission File Number 0-18224
(Check one): x Form 10-K and Form 10-KSB _ Form 11-K
_ Form 20-F _ Form 10-Q and Form 10-QSB
_ Form N-SAR
For period ended ________________June 30, 1998 __________
_ Transition Report on Form 10-K and 10-KSB
_ Transition Report on Form 20-F
_ Transition Report on Form 11-K
_ Transition Report on Form 10-Qand Form 10-QSB
_ 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:
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PART I
REGISTRANT INFORMATION
Full name of registrant _____Group 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
<PAGE>
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.)
_ (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
_ (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, 1998, 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).
_Yes x No
Registrant's quarterly report on Form 10-QSB for the quarter ended March
31, 1998, was filed late on June 1, 1998.
(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 _ No
Group V Corporation (formerly, NuOasis Gaming, Inc.)
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: September 30, 1998 By:/s/ Joseph Monterosso
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Joseph Monterosso, Chairman and CEO
