U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Ware Ulysses Thomas
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(Last) (First) (Middle)
101 Marietta St., Suite 1070
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(Street)
Atlanta GA 30303
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
January 15, 2003
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3. IRS Identification Number of Reporting Person, if an Entity
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Group Management Corp.
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify
below)
Chief Executive Officer
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6. If Amendment, Date of Original (Month/Day/Year)
N/A
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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3.
Ownership Form:
2. Amount of Securities
Direct (D) or
1. Title of Security Beneficially Owned
Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4)
(Instr. 5) (Instr. 4)
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Common Stock 1,250,000 Direct
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* If the Form is filed by more than one Reporting Person, see
Instruction
5(b)(v).
Reminder: Report on a separate line for each class of securities
beneficially
owned directly or indirectly.
(Print of Type Responses)
(Over)
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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5. Owner-
3. Title and Amount
of Securities ship
Underlying
Derivative Security Form of
2. Date Exercisable (Instr. 4)
Derivative
and Expiration Date --------------------
------------- 4. Conver- Security:
(Month/Day/Year)
Amount sion or Direct 6. Nature of
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or Exercise (D) or Indirect
Date Expira-
Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion
of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title
Shares Security (Instr. 5) (Instr. 5)
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N/A
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Explanation of Responses:
/s/Ulysses Thomas Ware January
29, 2003
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this form, one of which must be manually
signed.
If space provided is insufficient, see Instruction 6 for
procedure.
(Print of Type Responses)
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