Raadr Inc (RDAR)

[BigBadWolf]

The Reg A Tier II offering, as previously stated in filings and public communications, was largely intended to raise capital to pay off the JanBella obligation.

Now that that obligation is paid, the original stated purpose of the Reg A has been fulfilled.

If shares have not yet been sold under the Reg A the company could pause or cancel further issuance under it, unless a new use of proceeds is disclosed.

If shares were already sold under the Reg A the company should update or amend its Offering Circular (or file a Post-Qualification Amendment or Supplement) to reflect the new intended use of funds, or state that no further funding will be drawn