Sunday, May 11, 2025 8:08:59 PM
If I didn't know better I would think that Jacob Dimartino, the former CEO, who created this mess to clean up is still advising the company. In May 2024 Dimartino issued a shareholder update announcing plans to "clean up the share structure" including a share buy back plan. Of course it never happened. In fact Dimartino had just amended the ongoing regulation A offering in March 2024 to a selling price of only $0.0001. Yeah, it takes a special scammer to announce a share buy back while selling the company's stock at $0.0001. Now they announce a buy back while they have a freshly qualified reg A offering priced at $0.001. When do they amend the price on that or otherwise fix this bloated share structure with the reverse split? 🤭
Dimartinoi talked about retirement of restricted stock in that press release. The restricted count on March 27th 2024 was just over 2 billion shares. By the time Dimaftino left on October 8th the restricted count was 2.35 billion. The new Mexedia managers on October 18, 2024 announce an agreement for the cancellation of 1.7 billion of the restricted shares. Those share cancellation agreements with three shareholders is worth a principle amount of $1,060,000 is now found in the regulation A offering under use of proceeds.
Raadr, Inc. Releases First Shareholder Update of 2024
Tuesday, 07 May 2024 10:30 AM
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/raadr-inc.-releases-first-shareholder-update-of-2024-860026
Raadr, Inc. (RDAR) is taking the opportunity to provide a formal update to Shareholders on all of the most recent developments happening within the company; some of which include:
1. Navigating the retirement of unnecessary authorized and restricted shares in an effort to clean up the share structure.
2. Actively raise non-toxic capital and ‘COH' (Cash on Hand) to apply towards a share buy-back.
3. Achieving New partnerships
4. And, new developments with the ‘AI' (Artificial Intelligence) integration.
Raadr, Inc. Announces Agreement with Shareholders for the Cancellation of 1.7 Billion Common Shares and Affirms No Reverse Split
Friday, 18 October 2024 11:55 AM
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/raadr-inc.-announces-agreement-with-shareholders-for-the-cancellat-933017
...is pleased to announce that it has reached a definitive agreement with certain shareholders for the cancellation of 1.7 billion common shares. This strategic decision reflects the Company's commitment to enhancing shareholder value by optimizing its capital structure...
Bubae
Sunday, April 27, 2025 2:58:52 PM
Post# 43527 of 44403
For those new to this ticker understand that this company carefully crafts it's press releases to sell shares. The Mexedia managers who took control on October 08, 2024 and has added 3,618,632,653 shares to the float in six months. As reported in the Q3 2024 filing note released until January 15th 2025, a reported 2,273,000,000 shares were added to the float in October and November 2024.
Authorized Shares 15,925,000,000 10/09/2024
Outstanding Shares 5,364,760,661 10/09/2024
Restricted 2,350,443,551 10/09/2024
Unrestricted 3,014,317,110 10/09/2024
Held at DTC 2,732,339,820 10/09/2024
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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