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 1. Name and Address of Reporting Person Peter Wachtell 2733 Warm Springs Avenue Boise, ID 83712 2. Date of Event Requiring Statement (Month/Day/Year) 4/13/01 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Issuer Name and Tickler or Trading Symbol Group Long Distance, Inc. 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ X] Director [__] 10% Owner [__] Officer (give title below) [__] Other (specify below) 6. If Amendment, Date of Original (Month/Day Year) n/a 7. Individual or Joint/Group Filing (Check Applicable Line) [ X] Form filed by One Reporting Person [__] Form filed by More than One Reporting Person TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED 1. Title of Security (Instr. 4) Common Stock 2. Amount of Securities Beneficially Owned (Instr. 4) 1,610,000 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) D 50,000 I 1,560,000 4. Nature of Indirect Beneficial Ownership (Instr. 5) By contract with Barbara Conrad, record owner TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) n/a 2. Date Exercisable and Expiration Date (Month/Day/Year) n/a 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) n/a 4. Conversion or Exercise Price of Derivative Security n/a 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) n/a 6. Nature of Indirect Beneficial Ownership (Instr. 5) n/a Date: May 8, 2001 /s/ Peter Wachtell __________________________________ Peter Wachtell 3 3