Company: AHRO
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001477932-25-008590
Chunk: 63

Company: Authentic Holdings, Inc.
Filing Date: 2025-11-25
Form: 10-Q
Item: Part I, Item 2
Chunk 63
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 at a fraction of what cable and satellite dish companies charge.

Maybacks is an Over the Air and platform driven television network. Maybacks has grown from a 25-channel network to a 42-channel network in the past year. With 42 channels, Maybacks broadcasts various programs that include movies, sports, serial television shows and live events. All of Maybacks’ programming is sourced from its own fully owned library. Maybacks generates revenue through the placement of insert advertisements, revenue share programs, Vast Tags as well as channel access fees and barter. Maybacks has grown from a network with 26 channels this time in 2024 to now 42 channels and is growing for the same period this year

Maybacks has three full-time employees and outsources all if its logistics and broadcasting to a third party known as Wise DV. 

Maybacks has agreements with several other networks that are looking to carry Maybacks’ programing in exchange for revenue share programs. 

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There are many Over the Air and platform driven television networks with greater financial resources and experience in running, such as Sling TV, which is owned by DISH Network as well as many other independent networks. We plan to compete with many firms, including corporations with large divisions, many of these companies have greater financial, technical, or marketing resources, longer operating histories, greater brand recognition or larger customer bases than we do and are able to respond more effectively to changing business and economic conditions than we can.

There are no assurances that we will be able to compete against these larger rivals and gain market share. We have realized revenues starting in the quarter ended September 30, 2024, and continuing through the quarter ended September 30, 2025, and we are hopeful more advertising agreements are signed and more ad pressions are sold to generate future revenue for our company. While these are signs that progress in our company has been made, we are not profitable and still face several challenges, including those presented as ‘Risk Factors” in our Annual Report on Form 10-K filed with the SEC on April 16, 2025.

On June 20, 2023, the Company signed an Asset Purchase Agreement with Goliath Motion Picture Promotions owned by Priscella Cooper (the “Seller”). Since execution, however, the fulfillment of the Asset Agreement has not been possible because the Assets could not be entirely conveyed to Buyer as intended by the parties. Therefore, on May 10, 2024, the parties entered