Taronis Technologies Inc (fka TRNX)

[TechKim]

NOTE 2 - GOING CONCERN AND MANAGEMENTS’ PLAN

As of March 31, 2017, the Company had cash of $53,578 and has reported a net loss of $1,781,159 and has used cash in operations of $1,546,607 for the three months ended March 31, 2017. In addition, as of March 31, 2017 the Company has a working capital deficit of $5,210,012 and an accumulated deficit of $55,339,639. These conditions indicate that there is substantial doubt about the Company's ability to continue as a going concern within one year from the issuance date of the financial statements.


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