================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): April 19, 2002 GROUP LONG DISTANCE, INC. (Name of Small Business Issuer in Its Charter) FLORIDA 65-0213198 (State or Other Jurisdiction of Incorporation or Organization (I.R.S. Employer Identification No.) 9500 TOLEDO WAY IRVINE, CA 92618- 1806 (Address of Principal Executive Offices) (949) 588-5100 (Issuer's Telephone Number, Including Area Code) 400 E. ATLANTIC BOULEVARD, FIRST FLOOR POMPANO BEACH, FL 33060 (Former Address of Principal Executive Offices) ================================================================================ ITEM 5. OTHER EVENTS On April 19, 2002, the Company sold its long-distance telephone customer base to an unaffiliated third party for $250,000. The total purchase price is to be paid over 90 days, including $100,000 that was paid at closing. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. GROUP LONG DISTANCE, INC. (Registrant) April 25, 2002 By: /s/ GLENN S. KOACH ----------------------------------------------- Glenn S. Koach, DIRECTOR, PRESIDENT AND CHIEF OPERATING OFFICER