Raadr Inc (RDAR)

[Bubae]

A little sobering information with links about the share buy back program announced three months ago. We know that zero shares have been bought back using the share structure updates since as evidence. They are as likely to buy shares back as they are to rescind the five convertible notes to three people totaling $1,050,000 (principle amount) of the executive bonuses they awarded themselves. Just another tactic in the OTC share selling play book. It would be poetic justice if these people are unloading those notes on you all right now. The company's business is cash flow negative still when you scrutinize the press release projection for the Q2 earnings. Make your money before they show the numbers. They have run this up over 6.7 billion shares now with convertible notes representing debt priced deep in the trips. Now they borrow and run it up with the weekly promos so they can buy back shares. Brilliant.

May 27, 2025
Telvantis announces “Buyback has started today!”

Bubae
Saturday, July 12, 2025 7:22:13 PM
Post# 46515 of 47009
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176429624

In the buyback press release they state that "...all funds used in the buyback will be derived from operations." Then in the Q1 investors call transcript we see "As we have disclosed prior any buyback is paid from cash generated in the business." The business was cash flow negative for Q1 with a nearly $2 million net loss and the last press release referring to earning confirmed that losses increased with additional revenue. Companies that burn cash don't borrow and buy back shares. That is just good old fashioned stupid.