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2 - 24 - 41
Thanks!
They should take him and have him spayed...
GATA - $.31
Groupe Athena, Inc. Posts Year End Financials, Betters Previous Record by 15%, Marks 5th Consecutive Double Digit Gain in Annual Revenue
Accesswire
2 hours ago
MUMBAI, INDIA / ACCESSWIRE / July 28, 2014 / Groupe Athena, Inc. (OTC Pink: GATA) has posted the results for their fiscal year ending June 30, 2014. Annual revenue for the period was $65,189,762 which is an increase of more than 15% over the previous record fiscal year and represents an amazing 5th consecutive double digit increase in annual revenue. EBITDA for the year was also a record $10,938,698 and net after tax income for the period was $6,501,645 or $.14 per share.
Current assets continue to remain strong at $14,988,476 and total assets minus liabilities are $22,196,645 or $.47 per common share.
Company chairman, D. Purohit stated, "We are very proud to be able to maintain our strong growth path while still being able to internally finance and entertain new and developing revenue strategies. I truly believe our current research and development efforts will enable Groupe Athena, Inc. to become even more dynamic within our industry for many years to come."
The company reports that though they are presently committed to funding all expenditures with internally generated funds, they may seek investment banking partners in the future to capitalize on specific growth opportunities to benefit the shareholders of GATA.
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 GATA is well positioned to help them get their products approved by the FDA for sales in the US. 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.
Groupe Athena Inc. was incorporated in June 2008 and began operations on July 1 of that year. 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.
The company has a research and marketing facility in India that currently employs 21 consultants and marketing personnel and is working towards aggressively expanding its presence in the Indian pharmaceutical industry. The Company's web address is www.groupeathena.com.
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
For more information contact:
Paul Cornell
Corporate Shareholder Relations, Inc.
Cornelllpaul6@gmail.com
SOURCE: Groupe Athena, Inc.
GATA - $.31
Groupe Athena, Inc. Posts Year End Financials, Betters Previous Record by 15%, Marks 5th Consecutive Double Digit Gain in Annual Revenue
Accesswire
2 hours ago
MUMBAI, INDIA / ACCESSWIRE / July 28, 2014 / Groupe Athena, Inc. (OTC Pink: GATA) has posted the results for their fiscal year ending June 30, 2014. Annual revenue for the period was $65,189,762 which is an increase of more than 15% over the previous record fiscal year and represents an amazing 5th consecutive double digit increase in annual revenue. EBITDA for the year was also a record $10,938,698 and net after tax income for the period was $6,501,645 or $.14 per share.
Current assets continue to remain strong at $14,988,476 and total assets minus liabilities are $22,196,645 or $.47 per common share.
Company chairman, D. Purohit stated, "We are very proud to be able to maintain our strong growth path while still being able to internally finance and entertain new and developing revenue strategies. I truly believe our current research and development efforts will enable Groupe Athena, Inc. to become even more dynamic within our industry for many years to come."
The company reports that though they are presently committed to funding all expenditures with internally generated funds, they may seek investment banking partners in the future to capitalize on specific growth opportunities to benefit the shareholders of GATA.
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 GATA is well positioned to help them get their products approved by the FDA for sales in the US. 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.
Groupe Athena Inc. was incorporated in June 2008 and began operations on July 1 of that year. 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.
The company has a research and marketing facility in India that currently employs 21 consultants and marketing personnel and is working towards aggressively expanding its presence in the Indian pharmaceutical industry. The Company's web address is www.groupeathena.com.
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
For more information contact:
Paul Cornell
Corporate Shareholder Relations, Inc.
Cornelllpaul6@gmail.com
SOURCE: Groupe Athena, Inc.
14 - 24 - 31
Thanks!
wow, sounds like extortion.
Same hole makeing tool, just a lot bigger...They alternate front nine back nine every week to let the greens heal.
A lot. I would say there are 5 times as many birdies and eagles vs regular play. They have 2 closes to the pin holes and play a skin game. Hard to win a skin, two tie, all tie, lots of carry overs. A guy won $300+ last week from a 3 week carryover. It only cost $17 to play, that includes cart and entry into the closes to the pin and skins, plus they pair up 3 man teams and pay 1st place.
Every thursday the local course puts on a 9 hole big cup tournament. Would not want to play it every day but it is fun. Think I will go play in it this evening....
Scott, Kaymer, Mcilroy, Garcia, Day. - 277
Thanks!
After a cocktail or ten...lol
Damn, too many cocktails yesterday, forgot I posted that!
Yes, change to todays....Thanks!
14 - 24 - 48
Thanks!
Thanks!
1 - 18 - 48
Thanks!
1 - 18 - 48
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4 - 41 - 47
Thanks!
You should like this:
https://www.facebook.com/photo.php?v=511140508976606
22 - 24 - 88
Thanks!
I would never by any stock that list there office in Boca Raton....It has seem to always be a scam stock town.
B. Watson, Mcllroy, Spieth, Day, D. Johnson - 274
Thanks!
4 - 14 - 48
Thanks!
Love the Open, always the best test in golf!
Not 100%, cocktails involved, but it looks like it...
U.S. Open groupings and starting times....
http://www.usopen.com/en_US/scoring/groupings/round1.html
Looks like the conference went well....
Sysorex Global Holdings Corp. to Present at the LD MICRO Invitational Conference on June 4, 2014
4 - 18 - 48
Thanks!
Insider Trading Bombshell: FBI/SEC Investigating Carl Icahn & Phil Mickelson
Did you hear the one about the Vegas gambler, the Pro golfer, and the Wall Street insider? Straight off the pages of some Hollywood script, the Wall Street Journal reports that Federal investigators are pursuing a major insider-trading probe involving finance, gambling and sports, examining the trading of investor Carl Icahn, golfer Phil Mickelson and Las Vegas bettor William "Billy" Walters. All three men have denied any investigations or "no comment"-ed about "well timed" stock trades in Clorox in 2011 - around the time Icahn made a $10.2bn bid for the company. Mr. Walters and Mr. Mickelson, 43, play golf together; and rather comedically, Mr. Icahn said he didn't know who Mr. Mickelson was...?
http://www.zerohedge.com/news/2014-05-30/insider-trading-bombshell-fbisec-investigating-carl-icahn-phil-mickelson
It seems like he brought half of that on himself...
The only thing stopping him from being great is a bad marriage or an injury.
This is an interesting video. Looks like if procedures are followered, not a problem. If you take short cuts, there will be problems. IMO, The EPA should police for problems, not make policies.
http://mountainviewenergy.com/drilling/
Wow, insane!
• The increase in the number of authorized shares of Common Stock from five hundred million (500,000,000) shares of Common Stock to one billion (1,000,000,000) shares of Common Stock (the “ Authorized Share Increase ”); and
• Authorizing up to twenty million (20,000,000) shares of “blank-check” preferred stock of the Company, par value $0.001 (the “ Preferred Stock Authorization ”).
On May 9, 2014, the Board of Directors of the Company (“ Board ”) approved the Authorized Share Increase and the Preferred Stock Authorization and recommended to the Majority Stockholders that they approve the Authorized Share Increase. On May 9, 2014, the Majority Stockholders approved the Authorized Share Increase and Preferred Stock Authorization by written consent in lieu of a meeting in accordance with the Nevada Revised Statutes. Accordingly, your consent is not required and is not being solicited in connection with the approval of the Authorized Share Increase.
4 - 5 - 88
Thanks!
MCCK - 17.25 Very strong company. EPS $2.22. Nice balance sheet. Great management.
Annual report is out.
http://www.otcmarkets.com/financialReportViewer?symbol=MCCK&id=121548
MCCK - 17.25 Very strong company. EPS $2.22 Nice balance sheet Great management.
Annual report is out.
http://www.otcmarkets.com/financialReportViewer?symbol=MCCK&id=121548
Yep, seems like someone liked it...lol
GAMR - Good Deal?
Great American Group and B. Riley & Co. Announce Definitive Agreement to Combine
Great American Group Inc. (QB) (OTCBB:GAMR)
Intraday Stock Chart
Today : Monday 19 May 2014
Great American Group and B. Riley & Co. Announce Definitive Agreement to Combine
WOODLAND HILLS, CA and LOS ANGELES, CA--(Marketwired - May 19, 2014) - Great American Group, Inc. (OTCBB: GAMR)
•Great American Group and B Riley to combine in a stock-for-stock transaction
•Recapitalization of Great American Group including $51.4 million private placement of common stock
•$48.8 million of debt payable to Great American Group principals retired in entirety at a discount for $30.0 million
•1-for-20 reverse stock split announced
•Combined company proforma cash and investments of approximately $40.0 million as of March 31, 2014
Great American Group, Inc. (OTCBB: GAMR) ( "Great American Group"), a leading provider of asset disposition, valuation and appraisal services, and B. Riley & Co., LLC ("BRC"), a leading, full-service independent investment bank, and certain of its affiliates (collectively, "B. Riley"), announced today that they have entered into a definitive agreement under which Great American Group and BRC and certain of its affiliates will combine in a stock-for-stock transaction, creating a uniquely positioned investment banking and financial services firm. The terms of the agreement provide for the issuance of an estimated aggregate of 4.2 million shares of Great American Group common stock (subject to working capital adjustments and after giving effect to the pending 1-for-20 reverse stock split described below) in exchange for 100% of the stock of B . Riley & Co. and affiliates. Bryant Riley is the principal stockholder of B. Riley and currently serves on the board of directors of Great American Group.
On a proforma basis, accounting for expected synergies, the two companies had combined fiscal 2013 revenue of nearly $102.5 million and adjusted EBITDA of $13.5 million. The combined company has cash and investments of approximately $40 million as of March 31, 2014 proforma for the private placement and debt repayment. After the closings of the combination, the private placement and the 1-for-20 reverse stock split, Great American Group will have an estimated 16 million shares outstanding.
Mr. Riley, who will assume the role of Chairman of the Board and Chief Executive Officer of the combined company upon consummation of the transaction said, "This transaction represents a transformative event for both of our firms and will create a single, differentiated financial services group that will provide new lines of financial products and services to better serve our clients. Having served on Great American Group's Board of Directors for the past five years, I have a tremendous respect for the company's business and its management team."
"I believe that the two companies complement each other and will create many opportunities for our respective businesses in the future," concluded Mr. Riley.
"We are very pleased to be joining forces with B. Riley, a respected firm with a long, successful track record as a leading, full-service investment bank," said Andrew Gumaer, Chief Executive Officer of Great American Group.
Mr. Gumaer, who will remain in his role as CEO of the operating company Great American Group following the combination, continued, "Each company brings a depth of professional expertise and client relationships that can be leveraged to scale the growth of our combined businesses. While there is very little overlap in our services, our businesses are very complementary, and our common goal is to deliver even greater value to our customers and shareholders in the future."
The combined company will have over 250 employees, including an active valuation practice comprised of over 100 professionals who conducted approximately 1,200 appraisals in 2013 alone. The geographic footprint of the combined company will extend across the United States and Europe. The operating entities involved in the combination will continue to operate independently and without management change.
The BRC transaction is scheduled to close in the second quarter of 2014 and is subject to certain closing conditions, including consummation of the private placement. The acquisition of certain asset management affiliates of BRC is subject to additional closing conditions, and those transactions are expected to close in the third quarter of 2014 for no additional consideration.
Recapitalization, Private Placement and Retirement of Significant Debt at Discount
Great American Group also announced today a recapitalization involving a private placement equity capital raise and the retirement of $48.8 million of debt at a substantial discount.
Great American Group announced that it has entered into definitive purchase agreements to raise $51.4 million of capital in a private placement of common stock to accredited investors, including current significant stockholders, principals and employees of B. Riley and officers and directors of Great American Group. The private placement is being subscribed at a price of $0.25 per share (before giving effect to the pending reverse stock split).
With the proceeds from the private placement, the company will use approximately $30 million to retire in its entirety the $48.8 million of outstanding indebtedness owed to Great American Group's founders, Mr. Gumaer and Mr. Harvey Yellen. This repayment represents a 38% discount to the face amount of principal owed on the debt currently. The remaining proceeds of the private placement will be used for general corporate purposes including investments and new corporate initiatives.
The closing of the private placement is expected to occur on or around June 2, 2014 and is subject to the satisfaction of customary closing conditions.
Reverse Stock Split
Great American Group also announced today that, pursuant to the authorization previously granted by the company's stockholders, its board of directors has authorized a reverse stock split and has declared 1-for-20 as the ratio for the reverse stock split. Great American Group has elected to pursue the reverse stock split in order to facilitate the private placement and potentially qualify for a future listing on a national stock exchange. Great American Group anticipates that the reverse stock split will be effective at the market opening on or about May 30, 2014.
At the effective time of the reverse stock split, every 20 shares of existing Great American Group common stock will be automatically combined into one share of new common stock. No fractional shares will be issued as a result of the reverse stock split, and holders of common stock who otherwise would be entitled to a fractional share will receive, in lieu thereof, a cash payment based on the most recent closing price per share of the common stock on the Over-the-Counter Bulletin Board prior to the effective time of the reverse stock split (as adjusted for the reverse stock split).
The reverse stock split will not change the number of authorized shares of Great American Group's common stock or alter the par value thereof.
Stockholders holding certificated shares or shares through a brokerage account will have their shares automatically adjusted to reflect the reverse stock split as of the effective date. Although the issuance of new stock certificates will not be required, stockholders may obtain a new certificate from the company's transfer agent, which is Continental Stock Transfer and Trust Company.
Important Information for Investors
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security. The shares of Great American Group common stock are being sold pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended, and applicable state securities laws, and they have not been registered under such laws and may not be resold absent registration or an applicable exemption from the registration requirements.
About Great American Group, Inc. (OTCBB: GAMR)
Great American Group is a leading provider of asset disposition and auction solutions, advisory and valuation services, capital investment, and real estate advisory services for an extensive array of companies. A trusted strategic partner at every stage of the business lifecycle, Great American Group efficiently deploys resources with sector expertise to assist companies, lenders, capital providers, private equity investors and professional service firms in maximizing the value of their assets. The company has in-depth experience within the retail, industrial, real estate, healthcare, energy and technology industries. The corporate headquarters is located in Woodland Hills, Calif. with additional offices in Atlanta, Boston, Charlotte, N.C., Chicago, Dallas, New York, Norwalk, Conn., San Francisco, London, Milan and Munich. For more information, call (818) 884-3737 or visit www.greatamerican.com.
About B. Riley & Co.
B. Riley & Co., LLC (B. RILEY) is a leading investment bank which provides a full array of corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, and merger and acquisitions advisory to public and private middle market companies. The firm is nationally recognized for its highly ranked proprietary equity research. Founded in 1997, B. RILEY is headquartered in Los Angeles and maintains offices in New York, San Francisco, and Newport Beach, Calif. It is a member of FINRA and SIPC. For more information, please visit www.brileyco.com.
Note Regarding Use of Non-GAAP Financial Measures
Certain of the information set forth herein, including Adjusted EBITDA and Proforma Adjusted EBITDA, may be considered non-GAAP financial measures. Great American Group believes this information is useful to investors because it provides a basis for measuring Great American Group's underlying earnings, net of impairment charges, severance costs and the reduction in officer's salaries as a result of amended employment agreements, thus providing additional insight into the ongoing operations of Great American Group and the potential benefits of the combination with B. Riley. In addition, Great American Group's management uses these non-GAAP financial measures along with the most directly comparable GAAP financial measures in evaluating Great American Group's operating performance, capital resources and cash flow. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP, and non-financial measures as reported by Great American Group may not be comparable to similarly titled amounts reported by other companies.
Forward-Looking Information
This press release may contain forward-looking statements that are not based on historical fact, including, without limitation, statements containing the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions and statements. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Such factors include those risks described from time to time in Great American Group's filings with the SEC, including, without limitation, the risks described in Great American Group's Annual Report on Form 10-K for the year ended December 31, 2013. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and Great American Group undertakes no duty to update this information.
YEEE HAAAAA
Sweet! Just got back from a Blues Festival and checked the board. I knew I got 29 points, hell I was just hoping to stay in the top 10... Thanks to all the Mods that keep up with this board, you do a great job and make watching NASCAR a lot more fun!
Hogs
Done.