Raadr Inc (RDAR)

[Bubae]

These Mexedia managers will convert the remaining notes of around $1.5 million at a 25% discount to market all the way down. Then they will split the common to an inconsequential level. Mexedia owns Telvantis and teh voting rights to do whatever they like. Orlando Taddeo has been cashing out his Mexedia stock which lead to the suspension and investigation. He are now began the process to cash out of Telvantis which is NOT profitable. Even when they had a purported 349 million in revenue they boasted a EBITDA of only 9 million which is indicative of a very high cost operation. Mexedia US and Mexedia Ireland are now Telvantis, a Mexedia holding company. The fact is, this company has always been cash flow negative. Before he goes Orlando Taddeo will convert his two notes totaling $600K and with the interest will likely sack retail with $1 million or more in additional losses. For months you all have been fooling yourselves. Carry on.

New Raadr, Inc. President and Director Issues Shareholder Letter on Recent Acquisition Transaction
Raadr, Inc. October 14, 2024
https://finance.yahoo.com/news/raadr-inc-president-director-issues-164000184.html

Historical Financial Performance Concerning Mexedia US and Mexedia Ireland

In 2023, on a combined basis, Mexedia US and Mexedia Ireland, which are now owned by Raadr, generated over $349 million in revenues, with an EBITDA exceeding $9 million.