Raadr Inc (RDAR)

[Bubae]

The buyback program announced in the May 6th press release is a red herring in my opinion. Another tactic in the OTC stock selling promotion handbook. Jacob DiMartino, the previous Raadr CEO did the same thing in 2024 right after he amended a regulation A offering to sell at only $0.0001 a share then went on to add 2.8 billion shares to the OS.

The caveats to the Telvantis plan includes using funds from the business which is severely cash flow negative. Details and links to the company's own print in Post# 46515 linked below. The company has 6.7 billion shares outstanding, a $1.5 million qualified reg A offering in place, still has issued shares from the original toxic debt to sell, and has announced plans to up-list. Are you really going to try and buy back billions of shares for an up-list attempt? Who does that? NO ONE! Who buys back shares while they are converting shares issued deep in the trips? NO ONE! Who buys back shares while they have a qualified regulation A offering on the table? Seriously. 🙄They are as likely to buy back shares as they are to rescind the five notes to three Mexedia managers for $1,050,000 (principle amount) written last November and amended in February. It makes no sense but transparency is not what this is all about. It is about the promotion and stock sales.


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.

Bubae
Re: None
Sunday, May 11, 2025 8:08:59 PM
Post# 44404 of 44503
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176177321

If I didn't know better I would think that Jacob Dimartino, the former CEO, who created this mess to clean up is still advising the company. In May 2024 Dimartino issued a shareholder update announcing plans to "clean up the share structure" including a share buy back plan. Of course it never happened. In fact Dimartino had just amended the ongoing regulation A offering in March 2024 to a selling price of only $0.0001. Yeah, it takes a special scammer to announce a share buy back while selling the company's stock at $0.0001. Now they announce a buy back while they have a freshly qualified reg A offering priced at $0.001. When do they amend the price on that or otherwise fix this bloated share structure with the reverse split? 🤭