Android : Unable to build titanium android module with ant

I am trying to build module with ant. I am getting below error message.

BUILD FAILED
/Users/XXXX/Library/Application Support/Titanium/mobilesdk/osx/3.4.1.GA/module/android/build.xml:163: /Users/XXXX/Documents/titanium-test-workspace/holograph/lib does not exist.

Path to module repo : TiHoloGraph

Settings in my build.properties are

titanium.platform=/Users/XXXX/Library/Application Support/Titanium/mobilesdk/osx/3.4.1.GA/android
android.platform=/Users/XXXX/Documents/android-sdk-macosx/platforms/android-19
google.apis=/Users/XXXX/Documents/android-sdk-macosx/add-ons/addon-google_apis-google-19
android.ndk=/Users/XXXX/Documents/android-ndk-r1

any help?