News Focus
News Focus
icon url

Bubae

04/27/25 9:05 AM

#43516 RE: marcis #43515

You know that Telvantis isn't technically a new start-up. Telvantis was created by Mexedia as a holding company for the two subsidiaries and will remain with Mexedia when, yes when , this scam is done. This whole reverse merger deal with Mexedia is at this point nothing other than a change of control and teh reverse merger hasn't been consummated. The Mexedia people have no real skin in the game here. If the merger agreements outlined in the regulation A offering are not satisfied these two entities can go their separate ways. Even if the deal is consummated Mexedia retains ownership of 75% of Telvantis. The selling of shares of this stock disproportionately benefits the Mexedia stock holders. You all pay the freight to bankroll while only having rights to 25% ownership. I bet that will fly if this company ever manages and up-list.

Mexedia's two subsidiaries that were rolled into the newly formed holding company Telvantis represented 91% of Mexedia's revenue according to the first half 2024 Mexedia filing. These businesses began hemorrhaging cash in 2024 which is why Mexedia is in the U.S. trying to raise capital. Even the revenue press release from last week that you keep on about shows that they continue to lose money. The Mexedia annual is to be released after hours on Monday according to the Mexedia press release to their shareholders. They have already outlined that 2024 was a disaster for the company in the press release and we know that the Mexedia stock is down 91% year over year.

This is a startup company in months 4 and 5 of this new company they reported $32.5 million in revenues after a brilliant huge green 10 plus billion volume trading in only two week in late October and November

Bubae
Re: marcis post# 43493
Saturday, April 26, 2025 6:28:49 PM
Post# 43501 of 43515 

They aren't making any money off this failed business model. I don't care what they claim as revenue. They focus is promoting and selling of the stock. That is their only cash flow. From the annual "Our telecom business is low-margin, high volume in nature"..."...Currently, we have a $45 million credit facility that has allowed for sustained operations..." They are promoting a failed business model but it works to sell shares. "...we will be required to obtain significant additional capital, including in this offering...

Bubae
Friday, February 07, 2025 12:10:02 PM
Post# 40490 of 43515 
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175776362

...Post #39547 below details with links to the filings how the previous CEO lost his 66.67% ownership of Raadr to the defaulted note held by Janbella. This reverse merger deal has an agreement worth up to $1.8 million which resulted in the cancellation of the series E preferred shares held by Janbella. After the cancellation of the series E the company created a series F preferred that that represents ownership of 75% of the new company Telvantis which is held by Mexedia. HOWEVER, Mexedia is the guarantor of the Janbell agreement. This guaranty states that the series F shares are now pledged against default of the Janbella redemption note agreement...
















Bearish
Bearish