Raadr Inc (RDAR)

[Bubae]

Do you read any of the filed documents even when I provide the links. 🙄 Post# 47089 included the link to the March 3rd filing revealing the modified bonus notes as well as other notes to include option (b) allowing conversions at a 25% discount after a 180 day vesting period. We are long past the vesting period for all of those notes. The original notes of November 29, 2024 can be viewed in the link below showing that these notes were intended to convert solely with the reg A offering of $4.5 million. The company posted a nearly $2 million NET loss for Q1 and you are boasting about Q2 without the report. I posted facts about their cash burning business in Post# 47614. These Mexedia managers started selling their narrative last October using their 2023 numbers though 2024 was a relative disaster. In 2023, their best year boasting $349 million in revenue they were still losing money. They will have cash flow now from selling the Raadr stock post split to the benefit of Mexedia shareholders. That is once they are done unloading the millions in previous Raadr debt on the current group of shareholders. Again, the more than $1 million in face value for the performance bonus notes yet to be converted should be offensive to everyone.

Bubae
Wednesday, July 30, 2025 3:29:14 PM
Post# 47089 of 47695
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176507269

That statement is an absolutely false. There were no metrics of performance or other requirements for the bonuses. Do a little work and read a filing. These Mexedia Managers paid themselves those performance bonuses in November 2024 with convertible notes issued shortly after taking control in October 2024. That is five convertible notes totaling $1,050,000 (principle amount) to three individuals. Those notes even have default terms even though those who hold those notes decide if they are converted before the one year maturity.

Bubae
Member Level
Post# 47614 of 47696
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176530613

The Q2 press release with projections is pretty much in line with what they tried to spin in the Q1 press relase that resulted in a $2 million net loss for the quarter. Pinned to this board is post # 44785 which shows where the company filed a false financial statement on the OTC site then referenced it in a press release to show that the company has a substantial increase in earnings over the 2023 numbers that they were boasting about when the opposite was true. The revenue that they were boasting in 2023 of $349 million had and EBITDA of $9 million which essentially means that they were cash flow negative even then. A 2.6% EBITDA means you have a very high cost operation. Go to their 2023 annual linked below to find that though their 2023 revenue was up 130% over that of 2022 the net earning were essentially. Interesting to note that the link to the accessnwswire shareholder letter in my post no longer works. However the link below to Yahoo still does.