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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Vx14aE5cnC3BmEB0GkpwNI3b0ybBR9AKxob1dUnoqvwMTmP6wN8T7yeVi8iAt1Vt
 nBYr1Rx47hwWrm9DAuGzTQ==

<SEC-DOCUMENT>0001209191-03-010507.txt : 20030703
<SEC-HEADER>0001209191-03-010507.hdr.sgml : 20030703
<ACCEPTANCE-DATETIME>20030703103847
ACCESSION NUMBER:		0001209191-03-010507
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030401
FILED AS OF DATE:		20030703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GLOBAL CAPITAL FUNDING GROUP LP
		CENTRAL INDEX KEY:			0001118137

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20995
		FILM NUMBER:		03773968

	BUSINESS ADDRESS:	
		STREET 1:		106 COLONY PARK DR
		STREET 2:		STE 900
		CITY:			CUMMINGS
		STATE:			GA
		ZIP:			30040

	MAIL ADDRESS:	
		STREET 1:		106 COLONY PARK DRIVE
		STREET 2:		SUITE
		CITY:			CUMMING
		STATE:			GA
		ZIP:			30040

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AXTIVE CORP
		CENTRAL INDEX KEY:			0001015172
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				133778895
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1445 ROSS AVENUE
		STREET 2:		SUITE 4500
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75202
		BUSINESS PHONE:		214.397.0200

	MAIL ADDRESS:	
		STREET 1:		1445 ROSS AVENUE
		STREET 2:		SUITE 4500
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EDGE TECHNOLOGY GROUP INC
		DATE OF NAME CHANGE:	20000912

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VISUAL EDGE SYSTEMS INC
		DATE OF NAME CHANGE:	19960604
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>boa83687_boa01gcf.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0101</schemaVersion>    <documentType>3</documentType><periodOfReport>2003-04-01</periodOfReport><noSecuritiesOwned>0</noSecuritiesOwned><issuer><issuerCik>0001015172</issuerCik><issuerName>AXTIVE CORP</issuerName>        <issuerTradingSymbol>AXTV</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001118137</rptOwnerCik><rptOwnerName>GLOBAL CAPITAL FUNDING GROUP LP</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>  </rptOwnerStreet1><rptOwnerStreet2>  </rptOwnerStreet2><rptOwnerCity>  </rptOwnerCity><rptOwnerState>  </rptOwnerState><rptOwnerZipCode>  </rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><derivativeSecurity><securityTitle><value>Series A Convertible Preferred Stock, $0.01 par value</value></securityTitle><conversionOrE
xercisePrice><value>.10</value><footnoteId id="F2" /></conversionOrExercisePrice><exerciseDate><value>2003-04-01</value></exerciseDate><expirationDate><value>1988-08-08</value><footnoteId id="F1" /></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock, $0.01 par value</value></underlyingSecurityTitle><underlyingSecurityShares><value>12500000</value><footnoteId id="F2" /></underlyingSecurityShares></underlyingSecurity><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeSecurity><derivativeSecurity><securityTitle><value>Warrant to Purchase Common Stock</value></securityTitle><conversionOrExercisePrice><value>0.20</value><footnoteId id="F3" /></conversionOrExercisePrice><exerciseDate><value>2004-04-01</value></exerciseDate><expirationDate><value>2006-04-01</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock, $0.01 par value</value></underlyingSecurityTitle><underlyingSecurityShares>
<value>2500000</value></underlyingSecurityShares></underlyingSecurity><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeSecurity><footnotes><footnote id="F1">There is no expiration date for conversion of the Preferred Stock.</footnote><footnote id="F2">Based on the conversion of 1,250 shares of Preferred Stock and the initial conversion price of $0.10 (which is subject to future adjustment). Conversion is determined by dividing the liquidation price with respect to the Preferred Stock (which is equal to the issuance price of $1,000 per share plus any accrued, but unpaid dividends) by the conversion price. There are currently no accrued, but unpaid dividends.</footnote><footnote id="F3">Initial exercise price per share, which is subject to future adjustment pursuant to the terms of the warrant.</footnote></footnotes><ownerSignature><signatureName>/s/ Brad A. Thompson, Treasurer</signatureName><signatureDate>2003-07-03</signatureDate></ownerSi
gnature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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