8-K

                       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): January 24, 2001


                            GROUP LONG DISTANCE, INC.
                      -------------------------------------
               (Exact name of Registrant as Specified in Charter)



        Florida                         0-21913                 65-0213198
----------------------------          -----------            ------------------
(State or other jurisdiction          (Commission              (IRS Employer
 of organization)                      File Number)          Identification No.)



      400 E. Atlantic Boulevard, First Floor, Pompano Beach, Florida 33060
    -------------------------------------------------------------------------
      (Address of Principal Executive Offices)                      (Zip Code)



       Registrant's telephone number, including area code: (954) 788-7871








Item 2.  Acquisition or Disposition of Assets

         On January 24, 2001 Group Long Distance, Inc. ("the Company") and
         Quentra Networks, Inc. (formerly Coyote Networks, Inc.) ("Quentra")
         executed a letter of intent to acquire all of the issued and
         outstanding securities of HomeAccess MicroWeb, Inc. ("HomeAccess"), a
         subsidiary of Quentra, for a purchase price of $4,100,000.

         The  purchase  price  would be  payable by the  delivery  at closing of
         $100,000 in cash and 200,000 shares of a new Series A Preferred  Stock.
         The Series A Preferred Stock would have a liquidation preference of $20
         per share,  would not pay any dividends or have any voting rights,  and
         would be convertible into shares of Group Long Distance common stock on
         the basis of one share of Series A  Preferred  Stock for ten  shares of
         common stock.

         In addition,  pending  closing,  Group Long Distance may make a working
         capital loan of up to $500,000 to HomeAccess. The loan would be secured
         by all the  assets of  HomeAccess  and a pledge of all the  outstanding
         shares of HomeAccess.

         The  closings of the purchase  and loan  transactions  are subject to a
         number of conditions,  including without limitation,  the completion of
         due diligence,  the receipt of all requisite regulatory approvals,  the
         receipt of Quentra  bankruptcy  court  approval and the  preparation of
         definitive documents.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

         1.       Letter of Intent between the Company and Quentra dated January
                  24, 2001.

         2.       Press Release issued by the Company dated January 24, 2001.



                           EXHIBIT INDEX

Exhibit

99.8           Letter of Intent between the Company and Quentra dated
               January 24, 2001.

99.9           Press Release issued by the Company dated January 24, 2001.


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                                    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)


                                            By: /s/ Glenn S. Koach
                                            --------------------------
                                            Glenn S. Koach
                                            President

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