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Last Post: 11/27/2018 10:05:10 AM - Followers: 44 - Board type: Free - Posts Today: 0


Share Structure

                                                       Market Value                 $11,784,225        a/o July 29, 2011
                                                       Shares Outstanding       47,136,900          a/o June 30, 2011
                                                       Float                              2,171,600           a/o June 30, 2011
                                                       Authorized Shares         100,000,000        a/o June 30, 2011





UPDATE: Groupe Athena, Inc. Continues Pace for Record Fiscal Year With Strong Second

Quarter Sales


MUMBAI, INDIA--(Marketwired - Mar 10, 2014) -  Groupe Athena, Inc. (OTC Pink: GATA) today posted their quarterly results for the three months ending December 31, 2013. The company reported revenues of $17,961,452 which is an increase of 21% when compared to the corresponding period in 2012 and represents the strongest 6 month earnings period in the company's history. Operating income for the quarter was also strong at $3, 097,791, an increase of over 26% from $2.45 million for the same period in 2012.

Net income after taxes and depreciation for the period was $2,083,606 or $.044 per share.

With regard the continued strong growth, the company's President, Ms. D Purohit, stated, "I can't put into words how exciting it is to see our dreams become reality. Our core business is thriving and our expansion plans are proceeding as expected. We fully expect 2014 to be a breakout year for Groupe Athena, Inc."

The company reiterates that the strong increase in operating income is due to the continued increases in gross margins and they anticipate further increases as more work is transitioned in-house. Operating margins are approaching 20% currently and management remains committed to attain 40% gross margins over the next few years.

The company's order position also remains very healthy and management expects record total revenues of at least $65 million for the current fiscal year. 

Cash and cash equivalents are at record levels for the company and continue to grow and debt remains virtually non-existent.

To review the complete quarterly report please go to www.otcmarkets.com/stock/GATA/quote and click on "Financials."

The Indian pharmaceutical industry is increasingly focusing on exports to the United States and Europe and GATA is well positioned to help them get their products approved by the respective governing bodies for sales in both regions. All of these are potential clients and the Company believes it has an advantage over competitors due to the facilities based in India, and their ability to deliver quick feedback to clients that could result in expedited order generation. With recent additions to equipment, the company will continue to take on additional contracts and continue to anticipate further growth.

About Groupe Athena, Inc.

 The company is a research and testing organization and helps various pharmaceutical and medical products and devices companies in India and Southeast Asia to get regulatory approvals and facilitate exports of their products to the United States. The Company accomplishes this by assisting clients from concept through development, providing consultation on regulatory requirements, filings and processes.

TThe Company's web address is  http://www.groupeathena.com/

For more information contact:
Paul Cornell
Corporate Shareholder Relations, Inc.




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#1653   Groupe Athena, Inc. Posts 1st Quarter Results bobkubecka 11/27/18 10:05:10 AM
#1652   I agree. This stock is extremely undervalued. I bargainhunter65 09/24/18 12:06:51 PM
#1651   How is the pps .06 when last year Jerm17 09/24/18 10:30:22 AM
#1650   Yes DD....sweet! Some info most have seen: hotlinktuna 08/29/18 11:31:11 AM
#1649   a buy order, hoping for more down the road DD 08/29/18 11:14:43 AM
#1648   yes DD 08/29/18 11:07:11 AM
#1647   Did you get an answer yet? PennyStalker 08/28/18 06:07:01 AM
#1646   I'm all for them doing audits to get hotlinktuna 08/26/18 07:16:39 PM
#1645   I agree....this won't take off until a deep hotlinktuna 08/26/18 07:11:17 PM
#1644   Been in for the ride,,,,,, a little wait DD 08/26/18 04:08:46 PM
#1643   Thats good, but it hasn't worked out for hispeedsoul 08/26/18 02:48:48 PM
#1642   I-traded-in-many-Chinese-penny-stocks-which-also-DID-NOT-HAVE-AUDITED-FINANCIALS hotlinktuna 08/26/18 10:26:00 AM
#1641   It will get serious investors when they release hispeedsoul 08/26/18 08:21:55 AM
#1640   Thanks-DD...GATA-closed-@.10 +25% w/$55+M revs/$6+M net-income=.14-earnings/per- hotlinktuna 08/03/18 11:55:17 PM
#1639   EMAIL the GATA Management. Maybe if they get DD 07/30/18 04:36:44 PM
#1638   Agree wholeheartedly! If just given a PE hotlinktuna 07/29/18 11:27:22 AM
#1637   GATA SHOULD BE AT $1.00+ AT LEAST, SO halbroke1 07/29/18 11:01:36 AM
#1636   Thank you bargainhunter65. If enough people on hotlinktuna 07/28/18 10:12:41 AM
#1635   Yes....although the volume is showing signs of waking hotlinktuna 07/28/18 10:00:07 AM
#1634   I agree with everything that you just stated. bargainhunter65 07/28/18 06:37:31 AM
#1633   Only thing that’s missing is volume and a PennyStalker 07/28/18 05:16:36 AM
#1632   I've begun accumulating GATA the last couple of hotlinktuna 07/28/18 01:27:20 AM
#1631   GATA $$$$ MONSTER GOING TO WAKE UP..CRAZY CHEAP halbroke1 07/23/18 06:30:16 PM
#1630   different time zone........... DD 07/23/18 10:09:48 AM
#1629   They won’t even answer. Please let us know if PennyStalker 07/23/18 08:42:53 AM
#1628   stock was a sell on failed 12c break..shes toast!! TrendTrade2016 07/23/18 05:43:49 AM
#1627   I emailed them, asking about why not much interest? DD 07/22/18 03:47:29 PM
#1626   GATA $$$ SHOULD BE TRADING IN MULTI-DOLLARS...HOPE THAT halbroke1 07/22/18 12:02:35 AM
#1625   GATA is an enigma... Financials and market cap seem PennyStalker 07/21/18 05:58:15 PM
#1624   Been buying GATA just above the bid all DD 07/20/18 03:32:22 PM
#1623   GATA is unknown to most. A few news DD 07/20/18 01:32:15 PM
#1622   look at L2 is so crazy thin,volume and m1999 07/20/18 01:17:05 PM
#1621   exactly,hard to believe with 6M+++ cash and no m1999 07/20/18 01:15:54 PM
#1620   I’ll be holding this for a while even UkranianWolf 07/20/18 01:14:37 PM
#1619   we need volume m1999 07/20/18 01:11:12 PM
#1618   GATA is getting really painful to watch, this UkranianWolf 07/20/18 01:09:56 PM
#1617   GATA~~L2 is so thin,a crazy break storm will m1999 07/20/18 11:45:47 AM
#1616   SMART-BUYERS LOADING UP ON GATA $$$$... halbroke1 07/20/18 11:43:50 AM
#1615   GATA~~definitely all crap investors out,are you blind and m1999 07/20/18 10:55:02 AM
#1614   shaking the dudes out,adding here m1999 07/20/18 10:48:10 AM
#1613   GATA~~WILL BE A CRAZYYYY BREAKKKKKK HEREEEEEE m1999 07/20/18 10:29:36 AM
#1612   who the hell sell at the bid,crazy ?read m1999 07/20/18 10:29:00 AM
#1611   GATA~~GATA~~ FDA Business .087,Float 8.7M m1999 07/20/18 09:33:43 AM
#1610   GATA $$$$ READY FOR TAKE-OFF !!!!... halbroke1 07/20/18 09:30:36 AM
#1609   GATA~~will move ,looks good Chart Indicators m1999 07/20/18 09:03:42 AM
#1608   GATA~ break .12 and nothing above,more volume pressure m1999 07/20/18 08:53:41 AM
#1607   Good morning all here m1999 07/20/18 08:51:43 AM
#1606   GATA I’d take a foreign company with solid russkyigor 07/20/18 08:21:06 AM
#1605   Because most people aren't interested in companies that S3lfMade 07/19/18 11:22:40 PM
#1604   It was getting whacked all day, I don’t UkranianWolf 07/19/18 10:44:55 PM