Raadr Inc (RDAR)

[Bubae]

So Mexedia had a letter of intent to acquire this Fortytwo business as stated in the Mexedia 2024 annual yet what we find is that it is now owned by Orlando Taddeo through Heritage Ventures which is an company registered in Ireland. Orlando Taddeo has a linkedin post from two years ago about acquiring Forty two. Read through the press release and all these people aren't on the same page. We have it as a Memorandum of Understanding (MOU) yet we have no filing for this yet, we have it referred to as a partnership and finally the CFO refers to it as a "potential acquisition". So the beneficiary of this deal appears to be the founder and majority owner of Mexedia personally. Is this going to be a revenue stream for this guy or will you all be buying it from him with the Raadr shares. 🤔

Orlando TaddeoOrlando Taddeo LinkedIn
https://www.linkedin.com/posts/orlando-taddeo_ma-mexedia-la-tech-company-presieduta-activity-7064266833897373699-gyvK/?originalSubdomain=ie

Fortytwo. has shown to be an innovative and well-positioned company in the messaging and telecommunications industry and we are confident that this acquisition will allow us to strengthen our market position and provide new growth opportunities.

Raadr, Doing Business as Telvantis, Announces Memorandum of Understanding (MOU) With Fortytwo Including Strategic Collaboration and Accelerated Merger Discussions
NewMediaWire Fri, June 6, 2025
https://finance.yahoo.com/news/raadr-doing-business-telvantis-announces-120000249.html

Fortytwo is owned by Heritage Ventures (which is owned by Orlando Taddeo, Telvantis' President and Director), a controlling shareholder of Mexedia SPA, Telvantis' controlling shareholder.

...said Daniel Contreras, CEO of Telvantis. "This is a logical extension in our offering and Fortytwo is a dream partner to serve our top-tier international customer base."

'''said Maickel Abdou, CEO of Telvantis' subsidiary, Telvantis Voice Services Inc. "This MOU is an important step to stay close and relevant in the market. Technology keeps evolving and with Fortytwo we will stay at the forefront to serve our partners."

Partnering with a voice powerhouse like Telvantis will definitely open new doors for us," said Glen Warren, GM at Fortytwo. "The team is very excited about joining forces."

"We are very excited to announce the launch of our enterprise offering with this MOU. Fortytwo is the ideal technology partner with the right mix of sophisticated services, boutique customer care and hands-on solutions delivery," said Maickel Abdou.

The market will be updated over the coming weeks how this potential acquisition will be structured and how it fits into our uplisting strategy," said Daniel Gilcher, CFO of Telvantis.



Consolidated Financial Report as at 31 December 2024
https://mexedia.com/en/financial-statements-and-reports/

Page 4
The signing of a Loi for the purchase of the Maltese company Fortytwo, will consolidate our company's business in the technology of excellence in the messaging world. This will enable it to play a leading game in the messaging world in 2025, with much higher margins than pure voice traffic.

Page 14
- operations began in an attempt to complete the acquisition of Malta-based Fortytwo Telecom Ltd.

Page 82
- Financial receivables amounting to euro 6,859 thousand include euro 4,627 thousand in dividends to be collected and euro 270 thousand in receivables from the subsidiary Mexedia DAC, euro 82 thousand in receivables from the subsidiary Mexedia Inc. and euro 2,080 thousand in security deposits paid to the parent company Heritage Ventures for the future purchase of the company Fortytwo;...

Mexedia S.P.a Euronext
https://live.euronext.com/en/product/equities/IT0005450819-ALXP