This Quarterly Report on Form 10-Q contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended (the
"Securities Act") and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). These forward-looking statements are not
historical facts but rather are based on current expectations, estimates and
projections. We may use words such as "anticipate," "expect," "intend," "plan,"
"believe," "foresee," "estimate" and variations of these words and similar
expressions to identify forward-looking statements. These statements are not
guarantees of future performance and are subject to certain risks, uncertainties
and other factors, some of which are beyond our control, are difficult to
predict and could cause actual results to differ materially from those expressed
or forecasted. You should read this report completely and with the understanding
that actual future results may be materially different from what we expect. The
forward-looking statements included in this report are made as of the date of
this report and should be evaluated with consideration of any changes occurring
after the date of this Report. We will not update forward-looking statements
even though our situation may change in the future and we assume no obligation
to update any forward-looking statements, whether as a result of new
information, future events or otherwise.
Altair International Corp. ("Altair") is a development stage company that was
incorporated in Nevada on December 20, 2012.
The Company is currently engaged in identifying and assessing new business
The Company had previously planned to engage in the distribution of oral thin
film nutraceutical products. This plan was abandoned in the 2017 fiscal year due
to a lack of working capital required to introduce the products to market.
RESULTS OF OPERATIONS
We have incurred recurring losses to date. Our financial statements have been
prepared assuming that we will continue as a going concern and, accordingly, do
not include adjustments relating to the recoverability and realization of assets
and classification of liabilities that might be necessary should we be unable to
continue in operation.
We expect we will require additional capital to meet our long term operating
requirements. Management intends to finance operating costs over the next twelve
months with existing cash on hand, loans from third parties and/or private
placements of common stock.No assurance can be given that such funds will be
As of June 30, 2020 As of March 31, 2020
Total Current Assets $ 3,676 1,815
Total Current Liabilities 79,371 55,527
Working Capital (Deficit) $ (75,695 ) (53,712 )
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