(2) Registrant’s primary business operations, through its wholly-owned subsidiary CareClix, Inc., is providing telemedicine services to health providers, to individuals and to other persons and groups. As a direct result of the COVID-19 pandemic in the United States, the demand for telemedicine services such as those provided by CareClix, Inc. has expanded exponentially and has nearly overwhelmed the ability of Registrant to meet that demand while still providing quality telemedicine services to its customer base. The recent decision to expand Medicare to include reimbursement for telemedicine services has accelerated that demand.
Management and staff of Registrant have been working tirelessly to meet that demand and have minimal remaining capacity to undertake the work necessary to complete the audit of its financial affairs and to complete and file the Form 10-K for the year ended December 31, 2019 on a timely basis;
