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[10 bagger]

CTEI.. $0.21 DD Possible 20 Bagger..

Due Dill.. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60288656

Cemtrex Reports First Quarter Results: Sales Increase by 104%

Griffin Filters Secures $8.0 Million Order for Equipment Supply on a Power Project... This is 5X last qtr's sales..

FARMINGDALE, N.Y., Feb. 23, 2011 /PRNewswire/ -- Cemtrex Inc. (OTC: CTEI) today announced its first quarter consolidated results of operations for the three months ended December 31, 2010.

First Quarter Highlights:

-- Revenue increased by 104% to $1,821,634 in first quarter ended December
31, 2010 compared to $891,454 in first quarter ended December 31, 2009.
-- Net Income was $144,217 in first quarter ended December 31, 2010
compared to a loss of $32,006 in first quarter ended December 31, 2009.




Commenting on the quarterly results, Mr. Arun Govil, President and Chief Executive Officer of the Company, remarked, &;We are pleased with this turnaround to profitability, and would like to thank our employees for their efforts, which have resulted in enhanced global marketing efforts, securing large projects in the international marketplace, and overall effective execution.&;

&;We are confident in our ability to secure more such projects and create sustainable profitability for the long term,&; continued Mr. Govil.

Cemtrex Inc. through its subsidiaries is a worldwide market leader in manufacturing and selling the most advanced equipment and systems for stack gas emission monitoring, air filtration and other environmental control products in a wide variety of industries, including power plants, refineries, chemical, steel and cement plants. Cemtrex also markets Green DCV, an innovative energy efficiency solution for high-quality green building applications, through optimizing HVAC control systems.

Safe Harbor Statement

This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.


For further information, please contact:



Cemtrex Inc.

Contact: Saagar Govil

Email: [e-mail]

http://www.cemtrex.com


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CTEI.. $0.21 DD

Griffin Filters Secures $8.0 Million Order for Equipment Supply on a Power Project...

PR Newswire - Feb 09 at 10:00

Company Symbols: NASDAQ-OTCBB:CTEI


FARMINGDALE, N.Y., Feb. 9, 2011 /PRNewswire/ -- Griffin Filters, a subsidiary of Cemtrex Inc. (OTCQB: CTEI), announced that it has received an order, valued at approximately $8.0 million, to supply environmental control equipment on a power project in India. The Company expects to ship this order within the current fiscal year.

&;We are finally seeing the results of our tremendous marketing efforts in Asia during the past year,&; said Mr. Saagar Govil, V.P. Operations of Cemtrex. &;Due to numerous power projects coming up in India and China, we are hopeful of securing more such business in the coming months.&;

Griffin Filters (http://www.griffinfilters.com) is a wholly owned subsidiary of Cemtrex Inc. (http://www.cemtrex.com) and has been a leader in fabric filter dust collection and other environmental control products for over 40 years. It offers standard filters for the concrete, aggregate and construction industries and custom-engineered environmental control systems for a wide variety of industries such as cement, plastics, chemical, power, steel, food and minerals. Griffin offers an unusually large selection of equipment, which gives it the ability to match the widest range of application needs, whether solids processing, product recovery or air pollution control.

Safe Harbor Statement

This press release contains forward-looking statements. Actual results or performance could differ materially from those projected or implied in the forward-looking statements as a result of a number of known or unknown risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.


For further information, please contact:



Cemtrex Inc.
Contact: Saagar Govil
Email: [e-mail]


==========================================
CTEI.. $0.21 DD

Griffin Filters Secures $1.3 Million Order for Environmental Control Equipment

PR Newswire - Nov 01 at 10:00

Company Symbols: NASDAQ-OTCBB:CTEI


FARMINGDALE, N.Y., Nov. 1, 2010 /PRNewswire/ -- Cemtrex Inc. (OTC: CTEI) Griffin Filters, a subsidiary of Cemtrex Inc., announced that it has secured an order of value $1.3 million to supply various industrial environmental control equipment to be installed in India. The Company expects to ship this order within the next six months.

&;We have been receiving numerous inquiries from overseas customers and hence have started focusing our attention to the international market,&; said Mr. Saagar Govil, V.P. Operations of Cemtrex. &;We see tremendous potential for increased sales for our products in India, China and other South American countries due to their robust industrial sector growth,&; continued Mr. Govil.

Griffin Filters (http://www.griffinfilters.com) is a wholly owned subsidiary of Cemtrex Inc. (http://www.cemtrex.com) and has been a leader in fabric filter dust collection and other environmental control products for over 40 years. It offers shaker-style filters for the concrete, aggregate and construction industries and custom engineered pulse jet filters for a wide variety of industries such as cement, plastics, chemical, power, steel, food and minerals. Griffin offers an unusually large selection of standard models which gives it the ability to match the widest range of application needs whether solids processing, product recovery or air pollution control.

Safe Harbor Statement

This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.


For further information, please contact:

Cemtrex Inc.
Contact: Saagar Govil
Email: [e-mail]


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CTEI.. $0.21.. DD

Cemtrex, Inc. and Subsidiary
Consolidated Balance Sheets


(Unaudited)
December 31, September 30,
2010 2010
Assets
Current Assets
Cash & Equivalents $ 38,222 $ 41,139
Accounts Receivable, Net 1,867,039 731,968
Inventory 406,744 387,628
Prepaid Expenses & Other Assets 31,186 4,022
Total Current Assets 2,343,191 1,164,757

Property & Equipment, Net 56,538 62,273
Other 4,225 4,225

Total Assets $ 2,403,954 $ 1,231,255

Liabilities & Stockholders' Equity (Deficit)
Current Liabilities
Accounts Payable $ 1,789,938 $ 911,840
Accrued Expenses 248,184 191,382
Note Payable - Bank 250,000 250,000
Notes Payable-Shareholder - -
Total Current Liabilities 2,288,122 1,353,222

Non-Current Liabilities
Notes Payable-Shareholder 888,012 738,491
Convertible Debenture - 55,938
Total Non-Current Liabilities 888,012 794,429

Total Liabilities $ 3,176,134 $ 2,147,651

Commitments & Contingencies - -

Stockholders' Equity (Deficit)
Preferred Stock Series A, $0.001 par value, 10,000,000 shares authorized, 1,000,000 shares issued and outstanding, respectively $ 1,000 $ 1,000
Common Stock, $0.001 par value, 60,000,000 shares authorized, 39,822,862 and 39,822,862 shares issued and outstanding, respectively 39,823 39,823
Additional Paid-in Capital 66,506 66,506
Retained Earnings (Accumulated Deficit) (879,509 ) (1,023,725 )
Total Stockholders' Equity (Deficit) (772,180 ) (916,396 )

Total Liabilities & Stockholders' Equity (Deficit) $ 2,403,954 $ 1,231,255



The accompanying notes are an integral part of these financial statements

Cemtrex, Inc. and Subsidiary
Consolidated Statements of Operations


(Unaudited)
For the Three Months Ended
December 31,
2010 2009

Revenues $ 1,821,634 $ 891,454

Cost of Goods Sold 1,258,340 419,499

Gross Profit 563,294 471,955

Operating Expenses
Research and Development - 5,535
General and Administrative 403,419 498,426
Total Operating Expenses 403,419 503,961

Operating Income (Loss) 159,875 (32,006 )

Other Income (Expense)
Other Income -
Interest Expense (15,658 ) (4,355 )
Total Other Income (Expense) (15,658 ) (4,355 )

Net Income (Loss) Before Income Taxes 144,217 (36,361 )

Provision for Income Taxes - 3,445

Net Income (Loss) $ 144,217 $ (32,916 )

Income (Loss) Per Share-Basic $ 0.01 $ (0.00 )
Income (Loss) Per Share-Diluted $ 0.01 $ (0.00 )

Weighted Average Number of Shares-Basic 39,822,862 36,397,337
Weighted Average Number of Shares-Diluted 39,822,862 36,397,337