UNITED STATES
             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: January 13, 2002

                       GROUP MANAGEMENT CORP.
             (Exact name of registrant as specified in its
Charter)

          Delaware                  0-32635
59-2919648
(State of Incorporation)  (Commission file number)  (IRS
Employer ID #)


          101 Marietta St., Suite 1070, Atlanta, GA 30303
               (Address of principal executive office) (Zip
Code)

Registrant's telephone number (404) 522-1202



Item 4: Change in Registrant's Certifying Accountant

         (a)   Previous Independent Accountants:

          (i)  The certifying accountant for the Registrant,
     Wrinkle, Gardner & Company, P. C., Certified Public
     Accountant has resigned effective November 22, 2002, and
     the Registrant has not as of the filing of this report
     retained a new auditor.




Wrinkle,   Gardner   &  Company,  P.  C.,  Certified   Public
Accountant,  reports  on Group Management  Corp.'s  financial
statements for each of the years ended December 31, 2001  and
December  31,  2000  did not contain an adverse   opinion  or
disclaimer  of opinion and were not qualified or modified  as
to   uncertainty,  audit  scope,  or  accounting  principles.
Pursuant to Item 304(a)(1)(ii) the registrant discloses  that
the auditor in the 2001 audit report included a going concern
clause.


During  the fiscal years ended December 31, 2001 and December
31,  2000, and  through the date of resignation November  22,
2002,  there have been no disagreements with Wrinkle, Gardner
&  Company, P. C., Certified Public Accountant on any  matter
of  accounting  principle  or practice,  financial  statement
disclosure   or   auditing   scope   or   procedure,    which
disagreements,  if  not  resolved  to  the  satisfaction   of
Wrinkle,   Gardner   &  Company,  P.  C.,  Certified   Public
Accountant,  would have caused him to make reference  thereto
in their report on the financial statements for such years.

During  the fiscal years ended December 31, 2001 and December
31,  2000, and through November 22, 2002, there have been  no
reportable  events  (as  defined  in  Regulation   S-B   Item
304(a)(1)(v)).

Item 6. Resignation of Directors

Elorian  Landers  appointed Thomas Ware  as  a  director  and
resigned from the board of directors effectively January  10,
2003.  Mr. Landers had no disagreements with management prior
to  his resignation. The board met and appointed Mr. Ware  as
acting Chief Executive Officer.

Item 9. Regulation FD Disclosure.


The  registrant has changed its principal place  of  business
effective December 13, 2002 to:

101 Marietta St.
Suite 1070
Atlanta, GA 30303

Its  new telephone number is (404) 522-1202 attention  Thomas
Ware, Esq.




                          SIGNATURE

         Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has caused this report
to be signed by the Chief Executive Officer.

                           Investment Technology,
Incorporated

                            /s/ Thomas Ware
                         ------------------------------------
                    ---
                            Thomas Ware, Chief Executive
Officer