AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON SEPTEMBER 18, 2002

                                                REGISTRATION NO. 33-____________





                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                              ____________________

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      Under
                           THE SECURITIES ACT OF 1933
                              ____________________

                             GROUP MANAGEMENT CORP.
             (Exact Name of Registrant as Specified in Its Charter)

           DELAWARE                                              59-2919648
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)


                       12503 EXCHANGE BOULEVARD, SUITE 554
                             STAFFORD, TEXAS  77477
          (Address of Principal Executive Offices, Including Zip Code)
                              ____________________

                              Consulting Agreements
                              Employment Agreements
                            Legal Services Agreements
                            (Full Title of the Plan)
                              ____________________

                                 Elorian Landers
                       12503 Exchange Boulevard, Suite 554
                             Stafford, Texas  77477
                                 (281) 242-4744
           (Name, Address, and Telephone Number of Agent for Service)

                                   COPIES TO:

                             Brian A. Lebrecht, Esq.
                            The Lebrecht Group, APLC
                        22342 Avenida Empresa, Suite 230
                    Rancho Santa Margarita, California 92688
                                 (949) 635-1240

<PAGE>
                                    CALCULATION  OF  REGISTRATION  FEE
<TABLE>
<CAPTION>

<S>                     <C>            <C>                         <C>                        <C>
Title of Securities     Amount to be   Proposed Maximum            Proposed Maximum           Amount of
to be Registered        Registered     Offering Price per Share    Aggregate Offering Price   Registration Fee
----------------------  -------------  --------------------------  -------------------------  -----------------

Common Stock,
par value $0.001           985,000(2)  $                 0.125(1)  $                 123,125  $           11.33
----------------------  -------------  --------------------------  -------------------------  -----------------

TOTAL REGISTRATION FEE     985,000     $                 0.125     $                 123,125  $           11.33
</TABLE>


(1)     Estimated  solely  for  the  purpose  of  computing  the  amount  of the
registration fee pursuant to Rule 457(c) based on the average of the closing bid
and  ask  price  as  reported  by  the NASDAQ Over-The-Counter Bulletin Board on
September  10,  2002.

(2)     Represents  shares  of  Common  Stock  to  be  issued  to  consultants,
employees,  and  legal  counsel  of  the  Company.


                                        2
<PAGE>

                                     PART I

              INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

Note:  The  document(s)  containing  the  information  concerning the Agreements
between  Group  Management  Corp.  ("GPMT"  or  "Registrant")  and  each  of Wes
Christian,  Thomas Ware, Brian A. Lebrecht, Elorian Landers, Richard Twardowksi,
Nimish  Patel,  David Ross and an individual as a representative of Arder-Haden,
required  by  Item  1  of Form S-8 under the Securities Exchange Act of 1934, as
amended  (the  "Exchange  Act"), and the statement of availability of registrant
information, employee benefit plan annual reports and other information required
by Item 2 of Form S-8 will be sent or given to participants as specified in Rule
428.  In  accordance  with  Rule 428 and the requirements of Part I of Form S-8,
such  documents  are not being filed with the Securities and Exchange Commission
(the  "Commission")  either  as  part of this registration statement on Form S-8
(the  "Registration  Statement")  or  as  prospectuses or prospectus supplements
pursuant  to Rule 424. GPMT will maintain a file of such documents in accordance
with  the  provisions  of  Rule  428.  Upon  request,  GPMT shall furnish to the
Commission  or  its  staff  a copy or copies of all of the documents included in
such  file.

                                        3
<PAGE>
                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM  3.  INCORPORATION  OF  DOCUMENTS  BY  REFERENCE.

The  following  documents  are  hereby  incorporated  by  reference  in  this
Registration  Statement:

     (i)  The Registrant's Annual Report dated April 29, 2002 for the year ended
December  31,  2001  on  Form 10-KSB/A filed with the Commission on May 2, 2002.


     (ii)  The  Registrant's  Quarterly  Report  Dated September 6, 2002 for the
quarter  ended  June  30,  2002  on  Form  10-QSB  filed  with the Commission on
September  9,  2002.


     (iii)  All other reports and documents previously and subsequently filed by
the Registrant before and after the date of this Registration Statement pursuant
to  Sections  13(a),  13(c), 14, or 15(d) of the Securities Exchange Act of 1934
and  prior  to the filing of a post-effective amendment which indicates that all
securities  offered  hereby  have  been sold or which deregisters all securities
then remaining unsold, shall be deemed to be incorporated by reference and to be
a  part  hereof  from  the  date  of  the  filing  of  such  documents.

ITEM  4.  DESCRIPTION  OF  SECURITIES.

Not  applicable.

ITEM  5.  INTERESTS  OF  NAMED  EXPERTS  AND  COUNSEL.

Certain  legal  matters  with respect to the Common Stock offered hereby will be
passed upon for the Company by The Lebrecht Group, APLC, counsel to the Company.

Mr.  Brian A. Lebrecht, principal of The Lebrecht Group, APLC, is the beneficial
owner  of 12,500 shares of Common Stock of the Company as of September 10, 2002.
In addition, the Corporation is including in this registration statement 250,000
shares  of  Common  Stock  to  be  issued  to  Mr.  Lebrecht.

ITEM  6.  INDEMNIFICATION  OF  DIRECTORS  AND  OFFICERS.

The  Corporation  Laws of the State of Delaware and the Company's Bylaws provide
for indemnification of the Company's Directors for liabilities and expenses that
they  may  incur  in  such  capacities.  In  general, Directors and Officers are
indemnified  with  respect to actions taken in good faith in a manner reasonably
believed  to  be  in,  or not opposed to, the best interests of the Company, and
with  respect  to any criminal action or proceeding, actions that the indemnitee
had  no  reasonable  cause  to believe were unlawful.  Furthermore, the personal
liability  of  the Directors is limited as provided in the Company's Articles of
Incorporation.

                                        4
<PAGE>
ITEM  7.  EXEMPTION  FROM  REGISTRATION  CLAIMED.

Not  applicable.

ITEM  8.  EXHIBITS

     3.1     Articles of Incorporation of  the  Registrant, as  amended  (incor-
             porated  by  reference)

     3.2     Bylaws  of  the  Registrant  (incorporated  by  reference)

     5.1     Opinion  of  The  Lebrecht  Group,  APLC

    23.1     Consent  of  The  Lebrecht  Group,  APLC  (included in Exhibit 5.1)

    23.2     Consent  of  Wrinkle,  Gardner  &  Company, P.C., Certified  Public
             Accountants
___________________

ITEM  9.  UNDERTAKINGS.

(a)     The  undersigned  Registrant  hereby  undertakes:

     (1)  To  file, during any period in which offers or sales are being made, a
post-effective  amendment  to  this  Registration  Statement:

          (i)  To  include  any  prospectus required by section 10(a) (3) of the
     Securities  Act  of  1933;

          (ii)  To  reflect  in the prospectus any facts or events arising after
     the  effective  date  of  the  registration  statement  (or the most recent
     post-effective  amendment thereof) which, individually or in the aggregate,
     represent  a  fundamental  change  in  the  information  set  forth  in the
     registration  statement;  and

          (iii)  To include any material information with respect to the plan of
     distribution  not previously disclosed in  the  registration  statement  or
     any material  change  to  such  information  in the registration statement;
     provided, however, that paragraphs (a) (1)(i) and (a) (1) (ii) do not apply
     if  the registration statement is on Form S-3, Form S-8 or Form F-3 and the
     information  required to be included in a post-effective amendment by those
     paragraphs  is contained in periodic reports filed with or furnished to the
     Commission by the registrant pursuant to Section 13 or Section 15(d) of the
     Securities  Exchange  Act of 1934 that are incorporated by reference in the
     registration  statement.

     (2) That, for the purpose of determining any liability under the Securities
Act  of  1933,  each  such  post-effective amendment shall be deemed to be a new
registration  statement  relating  to  the  securities  offered therein, and the
offering  of such securities at that time shall be deemed to be the initial BONA
FIDE  offering  thereof.

     (3)  To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of the
offering.

(b)     The  undersigned  Registrant  hereby  undertakes  that,  for purposes of
determining  any  liability under the Securities Act of 1933, each filing of the
Registrant's  Annual  Report  pursuant  to Section 13(a) or Section 15(d) of the
Securities  Exchange  Act  of  1934  (and,  where  applicable, each filing of an
employee  benefit  plan's  annual  report  pursuant  to  Section  15(d)  of  the
Securities  Exchange  Act  of  1934)  that  is  incorporated by reference in the
Registration  Statement  shall  be  deemed  to  be  a new registration statement
relating  to the securities offered therein, and the offering of such securities
at  that  time  shall  be  deemed  to be the initial BONA FIDE offering thereof.

(c)     Insofar  as indemnification for liabilities arising under the Securities
Act  of  1933 may be permitted to directors, officers  and  controlling  persons
of the  Registrant  pursuant  to  the  foregoing  provisions,  or otherwise, the
Registrant  has  been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and  is, therefore, unenforceable. In the event that a claim for indemnification
against  such  liabilities (other than the payment by the Registrant of expenses
incurred  or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has  been  settled  by  controlling  precedent, submit to a court of appropriate
jurisdiction  the  question whether such indemnification by it is against public
policy  as  expressed  in  the  Securities Act and will be governed by the final
adjudication  of  such  issue.

                                        5
<PAGE>

                                   SIGNATURES

      Pursuant to  the  requirements  of  the Securities Act of 1933, Registrant
certifies  that  it  has  reasonable grounds to believe that is meets all of the
requirements  for  filing  on  Form  S-8  and  has duly caused this registration
statement  to  be  signed  on  its  behalf  by  the  undersigned, thereunto duly
authorized,  in  the  City  of  Stafford, State of Texas, on September 11, 2002.



                                    Group Management Corp.


                                    /s/ Elorian Landers
                                    -------------------------------------------
                                    By:    Elorian Landers
                                    Its:   Chief Executive Officer and Director



      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
registration  statement  has  been  signed  by  the  following  persons  in  the
capacities  and  on  the  dates  indicated:



/s/ Elorian Landers
-----------------------------------------
Elorian Landers, Chief Executive Officer
and Director (Principal Executive Officer
and Principal Financial Officer and
Principal Accounting Officer)



/s/ Thomas McCrimmon
-----------------------------------------
Thomas McCrimmon, Director



                                        6
<PAGE>
[{"type": "S-8", "sequence": "1", "filename": "doc1.txt", "secsgml_size_bytes": 13123}]
{"company-data": {"conformed-name": "GROUP MANAGEMENT CORP", "cik": "0000826674", "assigned-sic": "6770", "irs-number": "592919648", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-99825", "film-number": "02767811"}, "business-address": {"street1": "12503 EXCHANGE BOULEVARD", "street2": "SUITE 554", "city": "STAFFORD", "state": "TX", "zip": "77477", "phone": "2812424744"}, "former-company": [{"former-conformed-name": "SCI TECH VENTURES INC", "date-changed": "19920703"}, {"former-conformed-name": "IVG CORP", "date-changed": "20010417"}, {"former-conformed-name": "INTERNET VENTURE GROUP INC", "date-changed": "20000210"}, {"former-conformed-name": "STRATEGIC VENTURES INC /FL", "date-changed": "19990701"}]}
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON SEPTEMBER 18, 2002

                                                REGISTRATION NO. 33-____________

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                              ____________________

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      Under
                           THE SECURITIES ACT OF 1933
                              ____________________

                             GROUP MANAGEMENT CORP.
             (Exact Name of Registrant as Specified in Its Charter)

           DELAWARE                                              59-2919648
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

                       12503 EXCHANGE BOULEVARD, SUITE 554
                             STAFFORD, TEXAS  77477
          (Address of Principal Executive Offices, Including Zip Code)
                              ____________________

                              Consulting Agreements
                              Employment Agreements
                            Legal Services Agreements
                            (Full Title of the Plan)
                              ____________________

                                 Elorian Landers
                       12503 Exchange Boulevard, Suite 554
                             Stafford, Texas  77477
                                 (281) 242-4744
           (Name, Address, and Telephone Number of Agent for Service)

                                   COPIES TO:

                             Brian A. Lebrecht, Esq.
                            The Lebrecht Group, APLC
                        22342 Avenida Empresa, Suite 230
                    Rancho Santa Margarita, California 92688
                                 (949) 635-1240
CALCULATION  OF  REGISTRATION  FEE
Title of Securities     Amount to be   Proposed Maximum            Proposed Maximum           Amount of
to be Registered        Registered     Offering Price per Share    Aggregate Offering Price   Registration Fee
----------------------  -------------  --------------------------  -------------------------  -----------------

Common Stock,
par value $0.001           985,000(2)  $                 0.125(1)  $                 123,125  $           11.33
----------------------  -------------  --------------------------  -------------------------  -----------------

TOTAL REGISTRATION FEE     985,000     $                 0.125     $                 123,125  $           11.33
(1)     Estimated  solely  for  the  purpose  of  computing  the  amount  of the
registration fee pursuant to Rule 457(c) based on the average of the closing bid
and  ask  price  as  reported  by  the NASDAQ Over-The-Counter Bulletin Board on
September  10,  2002.

(2)     Represents  shares  of  Common  Stock  to  be  issued  to  consultants,
employees,  and  legal  counsel  of  the  Company.

                                        2
PART I

              INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

Note:  The  document(s)  containing  the  information  concerning the Agreements
between  Group  Management  Corp.  ("GPMT"  or  "Registrant")  and  each  of Wes
Christian,  Thomas Ware, Brian A. Lebrecht, Elorian Landers, Richard Twardowksi,
Nimish  Patel,  David Ross and an individual as a representative of Arder-Haden,
required  by  Item  1  of Form S-8 under the Securities Exchange Act of 1934, as
amended  (the  "Exchange  Act"), and the statement of availability of registrant
information, employee benefit plan annual reports and other information required
by Item 2 of Form S-8 will be sent or given to participants as specified in Rule
428.  In  accordance  with  Rule 428 and the requirements of Part I of Form S-8,
such  documents  are not being filed with the Securities and Exchange Commission
(the  "Commission")  either  as  part of this registration statement on Form S-8
(the  "Registration  Statement")  or  as  prospectuses or prospectus supplements
pursuant  to Rule 424. GPMT will maintain a file of such documents in accordance
with  the  provisions  of  Rule  428.  Upon  request,  GPMT shall furnish to the
Commission  or  its  staff  a copy or copies of all of the documents included in
such  file.

                                        3
PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM  3.  INCORPORATION  OF  DOCUMENTS  BY  REFERENCE.

The  following  documents  are  hereby  incorporated  by  reference  in  this
Registration  Statement:

     (i)  The Registrant's Annual Report dated April 29, 2002 for the year ended
December  31,  2001  on  Form 10-KSB/A filed with the Commission on May 2, 2002.

     (ii)  The  Registrant's  Quarterly  Report  Dated September 6, 2002 for the
quarter  ended  June  30,  2002  on  Form  10-QSB  filed  with the Commission on
September  9,  2002.

     (iii)  All other reports and documents previously and subsequently filed by
the Registrant before and after the date of this Registration Statement pursuant
to  Sections  13(a),  13(c), 14, or 15(d) of the Securities Exchange Act of 1934
and  prior  to the filing of a post-effective amendment which indicates that all
securities  offered  hereby  have  been sold or which deregisters all securities
then remaining unsold, shall be deemed to be incorporated by reference and to be
a  part  hereof  from  the  date  of  the  filing  of  such  documents.

ITEM  4.  DESCRIPTION  OF  SECURITIES.

Not  applicable.

ITEM  5.  INTERESTS  OF  NAMED  EXPERTS  AND  COUNSEL.

Certain  legal  matters  with respect to the Common Stock offered hereby will be
passed upon for the Company by The Lebrecht Group, APLC, counsel to the Company.

Mr.  Brian A. Lebrecht, principal of The Lebrecht Group, APLC, is the beneficial
owner  of 12,500 shares of Common Stock of the Company as of September 10, 2002.
In addition, the Corporation is including in this registration statement 250,000
shares  of  Common  Stock  to  be  issued  to  Mr.  Lebrecht.

ITEM  6.  INDEMNIFICATION  OF  DIRECTORS  AND  OFFICERS.

The  Corporation  Laws of the State of Delaware and the Company's Bylaws provide
for indemnification of the Company's Directors for liabilities and expenses that
they  may  incur  in  such  capacities.  In  general, Directors and Officers are
indemnified  with  respect to actions taken in good faith in a manner reasonably
believed  to  be  in,  or not opposed to, the best interests of the Company, and
with  respect  to any criminal action or proceeding, actions that the indemnitee
had  no  reasonable  cause  to believe were unlawful.  Furthermore, the personal
liability  of  the Directors is limited as provided in the Company's Articles of
Incorporation.

                                        4
ITEM  7.  EXEMPTION  FROM  REGISTRATION  CLAIMED.

Not  applicable.

ITEM  8.  EXHIBITS

     3.1     Articles of Incorporation of  the  Registrant, as  amended  (incor-
             porated  by  reference)

     3.2     Bylaws  of  the  Registrant  (incorporated  by  reference)

     5.1     Opinion  of  The  Lebrecht  Group,  APLC

    23.1     Consent  of  The  Lebrecht  Group,  APLC  (included in Exhibit 5.1)

    23.2     Consent  of  Wrinkle,  Gardner  &  Company, P.C., Certified  Public
             Accountants
___________________

ITEM  9.  UNDERTAKINGS.

(a)     The  undersigned  Registrant  hereby  undertakes:

     (1)  To  file, during any period in which offers or sales are being made, a
post-effective  amendment  to  this  Registration  Statement:

          (i)  To  include  any  prospectus required by section 10(a) (3) of the
     Securities  Act  of  1933;

          (ii)  To  reflect  in the prospectus any facts or events arising after
     the  effective  date  of  the  registration  statement  (or the most recent
     post-effective  amendment thereof) which, individually or in the aggregate,
     represent  a  fundamental  change  in  the  information  set  forth  in the
     registration  statement;  and

          (iii)  To include any material information with respect to the plan of
     distribution  not previously disclosed in  the  registration  statement  or
     any material  change  to  such  information  in the registration statement;
     provided, however, that paragraphs (a) (1)(i) and (a) (1) (ii) do not apply
     if  the registration statement is on Form S-3, Form S-8 or Form F-3 and the
     information  required to be included in a post-effective amendment by those
     paragraphs  is contained in periodic reports filed with or furnished to the
     Commission by the registrant pursuant to Section 13 or Section 15(d) of the
     Securities  Exchange  Act of 1934 that are incorporated by reference in the
     registration  statement.

     (2) That, for the purpose of determining any liability under the Securities
Act  of  1933,  each  such  post-effective amendment shall be deemed to be a new
registration  statement  relating  to  the  securities  offered therein, and the
offering  of such securities at that time shall be deemed to be the initial BONA
FIDE  offering  thereof.

     (3)  To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of the
offering.

(b)     The  undersigned  Registrant  hereby  undertakes  that,  for purposes of
determining  any  liability under the Securities Act of 1933, each filing of the
Registrant's  Annual  Report  pursuant  to Section 13(a) or Section 15(d) of the
Securities  Exchange  Act  of  1934  (and,  where  applicable, each filing of an
employee  benefit  plan's  annual  report  pursuant  to  Section  15(d)  of  the
Securities  Exchange  Act  of  1934)  that  is  incorporated by reference in the
Registration  Statement  shall  be  deemed  to  be  a new registration statement
relating  to the securities offered therein, and the offering of such securities
at  that  time  shall  be  deemed  to be the initial BONA FIDE offering thereof.

(c)     Insofar  as indemnification for liabilities arising under the Securities
Act  of  1933 may be permitted to directors, officers  and  controlling  persons
of the  Registrant  pursuant  to  the  foregoing  provisions,  or otherwise, the
Registrant  has  been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and  is, therefore, unenforceable. In the event that a claim for indemnification
against  such  liabilities (other than the payment by the Registrant of expenses
incurred  or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has  been  settled  by  controlling  precedent, submit to a court of appropriate
jurisdiction  the  question whether such indemnification by it is against public
policy  as  expressed  in  the  Securities Act and will be governed by the final
adjudication  of  such  issue.

                                        5
SIGNATURES

      Pursuant to  the  requirements  of  the Securities Act of 1933, Registrant
certifies  that  it  has  reasonable grounds to believe that is meets all of the
requirements  for  filing  on  Form  S-8  and  has duly caused this registration
statement  to  be  signed  on  its  behalf  by  the  undersigned, thereunto duly
authorized,  in  the  City  of  Stafford, State of Texas, on September 11, 2002.

                                    Group Management Corp.

                                    /s/ Elorian Landers
                                    -------------------------------------------
                                    By:    Elorian Landers
                                    Its:   Chief Executive Officer and Director

      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
registration  statement  has  been  signed  by  the  following  persons  in  the
capacities  and  on  the  dates  indicated:

/s/ Elorian Landers
-----------------------------------------
Elorian Landers, Chief Executive Officer
and Director (Principal Executive Officer
and Principal Financial Officer and
Principal Accounting Officer)

/s/ Thomas McCrimmon
-----------------------------------------
Thomas McCrimmon, Director

                                        6