lowtrade

[lowtrade]

I think the action @ RDAR is over and was a 1 time thing. IMO the pop you saw was price driven to lower number of shares issued, during the settlement. Odds are NBF dumped as soon as they got them. Otherwise the price would not have fallen back to triple zero's.

???????

But I doubt you'll see more action here.

latest Q report; http://www.otcmarkets.com/financialReportViewer?symbol=RDAR&id=173546

On April 5, 2017, the Circuit Courts within the Twelfth Judicial Circuit of Florida entered an order approving the stipulation of the parties (the "Stipulation") in the matter of Northbridge Financial, Inc. ("NBF") v. Raadr Inc. Under the Stipulation, the Company agreed to issue, as settlement of liabilities owed by the Company to NBF in the aggregate amount of $272,250 (the "Claim Amount") and the following:
(a) In one or more tranches as necessary, 35,000,000 shares of common stock (the "Initial Issuance") and $27,500 in fees.
(b) Through the Initial Issuance and any required additional issuances, that number of shares of common stock with an aggregate value equal to the Purchase Price (defined under the Stipulation as the market price (defined as the lowest closing bid price of the Company's common stock during the valuation period set forth in the Stipulation) less the product of the Discount (equal to 50%) and the market price.
(c) If at any time during the valuation period the closing bid price of the Company's common stock is below 90% of the closing bid price on the day before an issuance date, the Company will immediately cause to be issued to BF such additional shares as may be required to affect the purposes of the Stipulation.
(d) Notwithstanding anything to the contrary in the Stipulation, the number of shares beneficially owned by NBF will not exceed 4.99% of the Company's outstanding common stock.
In connection with the Settlement Shares, the Company relied on the exemption from registration provided by Section 3(a)(10) under the Securities Act.
The Company cannot reasonably estimate the amount of proceeds NBF expects to receive from the sale of these shares which be used to satisfy the liabilities. Thus, the Company accounts for the transaction as the shares are sold and the liabilities are settled. All amounts are included within accounts payable. Shares in which are held by NBF at each reporting period are accounted for as issued but not outstanding.
As May 31, 2017, the Company has issued 682,500,000 shares of common stock to NBF.

PS: NICE CATCH on the info which was available when you were researching. But this Q report (JUNE 1)discloses the dilution came from a court settlement NOT VC dilution.