Raadr Inc (RDAR)

[Bubae]

It isn't easy keeping up with your conjecture riddled posts with no links to verify your comments. If I shot from the hip like you do I would get crushed on this board. But, since you help with the hand holding for the bag holders who dominate this board, you get a pass. The original regulation A offering was filed for $4.5 million at $0.003 a share. They stripped out a number of agreements to the current $1.5 million to get the offering qualified. The more than $1.2 million in the "subject convertible notes" was restated / rewritten in the March 3rd amended reg A offing document drop. Those notes now can convert without the reg A at a 25% discount to market, so avoiding dilution at the offering price is nonsense. There are no milestones attached to the performance bonuses. Those bonuses aren't conditional they have already been awarded dated November 15, 2024. Interestingly enough, they do not mention these bonuses in teh 2024 annual or the Q1 2025 filing. You have to go to the regulation A offering circulars to find them. The April 10th amended circular linked below which was qualified by teh SEC on April 11th. Just another example of convertibles they have while talking about a share buy back program.🙄

The $1.2M in converted notes? Let’s be clear: those were carved out of the Reg A to avoid dilution at the offering price. That’s investor-friendly. And the performance bonuses? They were declared and tied to actual milestones. You want to talk conflicts — compare that to how many OTC CEOs hide that stuff.

Notes more than $1.2 million rewritten to convert without the regulation A offering. Filed March 03, 2025
Includes the $1,050,000 in executive performance bonuses
https://www.sec.gov/Archives/edgar/data/1384365/000139390525000083/0001393905-25-000083-index.htm

Preliminary Offering Circular dated April 10, 2025
https://www.sec.gov/Archives/edgar/data/1384365/000113902025000045/rdar_1a.htm

Page 44 and 45
Officer Bonuses 
In November 2024, the Company paid bonuses to its executive officers, as follows:

•We issued a $50,000 principal amount convertible promissory note to our Chief Executive Officer, Daniel Contreras, in payment of a performance bonus, which convertible promissory note was amended and restated on February 17, 2025.  

•We issued a $300,000 principal amount convertible promissory note to our President, Orlando Taddeo, in payment of a performance bonus, which convertible promissory note was amended and restated on February 17, 2025.  

•We issued a $300,000 principal amount convertible promissory note to our President, Orlando Taddeo, in payment of a bonus associated with Mexedia DAC’s debt restructuring, which convertible promissory note was amended and restated on February 17, 2025.  

•We issued a $200,000 principal amount convertible promissory note to our Chief Financial Officer, Daniel Gilcher, in payment of a performance bonus (this note was issued in the name of Otus, LLC, a company owned by Mr. Gilcher), which convertible promissory note was amended and restated on February 17, 2025. 

•We issued a $200,000 principal amount convertible promissory note to our Chief Financial Officer, Daniel Gilcher, in payment of a bonus associated with Mexedia DAC’s debt restructuring (this note was issued in the name of Otus, LLC, a company owned by Mr. Gilcher), which convertible promissory note was amended and restated on February 17, 2025.