NOTE A - ORGANIZATION AND NATURE OF ACTIVITIES
Groupe Athena Inc. was incorporated in June 2008 and began operations on July 1, 2008. Groupe Athena
Inc. (the “Company”) is a research and testing organization and helps various pharmaceutical companies in
India to get regulatory approvals and facilitate exports of pharmaceuticals to the United States.
The company has a research and marketing facility in India, employing 15 consultants and marketing
personnel. The company is working towards aggressively expanding it’s presence in the Indian
pharmaceutical industry and has various contracts on hand currently.
The Company is currently engaged in and devotes considerable time to financial planning, recruiting and
training sales personnel and establishing a market presence for its services. Though revenues are increasing
at a brisk pace, the management believes that a significant market presence and sales account base has yet
to be achieved.
The board of directors has the authority, without action by the Company's stockholders, to provide for the
issuance of preferred stock in one or more classes or series and to designate the rights, preferences and
privileges of each class or series, which may be greater than the rights of the common stock.
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