Taronis Technologies Inc (fka TRNX)

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As of June 30, 2018, the Company had cash of $1,147,522 and has reported a net loss of $6,514,500 and has used cash in operations of $3,974,246 for the six months ended June 30, 2018.

In addition, as of June 30, 2018 the Company has working capital of $1,235,578 and an accumulated deficit of $71,097,370.

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.