Sunday, April 27, 2025 9:05:12 AM
Mexedia's two subsidiaries that were rolled into the newly formed holding company Telvantis represented 91% of Mexedia's revenue according to the first half 2024 Mexedia filing. These businesses began hemorrhaging cash in 2024 which is why Mexedia is in the U.S. trying to raise capital. Even the revenue press release from last week that you keep on about shows that they continue to lose money. The Mexedia annual is to be released after hours on Monday according to the Mexedia press release to their shareholders. They have already outlined that 2024 was a disaster for the company in the press release and we know that the Mexedia stock is down 91% year over year.
This is a startup company in months 4 and 5 of this new company they reported $32.5 million in revenues after a brilliant huge green 10 plus billion volume trading in only two week in late October and November
Re: marcis post# 43493
Saturday, April 26, 2025 6:28:49 PM
Post# 43501 of 43515
They aren't making any money off this failed business model. I don't care what they claim as revenue. They focus is promoting and selling of the stock. That is their only cash flow. From the annual "Our telecom business is low-margin, high volume in nature"..."...Currently, we have a $45 million credit facility that has allowed for sustained operations..." They are promoting a failed business model but it works to sell shares. "...we will be required to obtain significant additional capital, including in this offering...
Friday, February 07, 2025 12:10:02 PM
Post# 40490 of 43515
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175776362
...Post #39547 below details with links to the filings how the previous CEO lost his 66.67% ownership of Raadr to the defaulted note held by Janbella. This reverse merger deal has an agreement worth up to $1.8 million which resulted in the cancellation of the series E preferred shares held by Janbella. After the cancellation of the series E the company created a series F preferred that that represents ownership of 75% of the new company Telvantis which is held by Mexedia. HOWEVER, Mexedia is the guarantor of the Janbell agreement. This guaranty states that the series F shares are now pledged against default of the Janbella redemption note agreement...
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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