Raadr Inc (RDAR)

[BigBadWolf]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176447803
RDAR’s Regulation A offering circular does grant broad discretion to management regarding how proceeds are used, however they are still subject to key legal and regulatory obligations particularly around material changes and investor communication.

We may find it necessary or advisable to use portions of the proceeds of this offering for other purposes.

This does grant discretion, but it does not eliminate the obligation to disclose material changes, especially since RDAR made a public announcement that the JanBella debt is fully paid. That publicly released information changes the core justification for the Reg A in the first place.

I’m not saying that they won’t update & still have the Reg A in affect yet…..