IMTH · AnTix Holdings, Inc. · Documents

Substantial doubt about the company's ability to continue as a going concern.

“Several conditions and events cast substantial doubt about the Company's ability to continue as a going concern. The Company has incurred cumulative net losses of $43,292,307 since its inception and requires capital for its contemplated operational and marketing activities to take place. The Company's ability to raise additional capital through debt or future issuances of capital stock is unknown. The obtainment of additional financing, the successful development of the Company's contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raises substantial doubt about the Company's ability to continue as a going concern.”