There is nothing suspect about so called due diligence from these social media influencers who fail to mention anything negative. True, 28 million reported revenue for Q1 but we forget to mention the nearly $2 million net loss on the statements of cash flows. Citing assets of $74 million which is always a dubious number yet fails to cite the corresponding liabilities line item of $105.8 million. It is called a balance sheet for a reason.
No mention of the $1.5 million regulation A offering priced at $0.001 qualified by the SEC in April. Nothing about the more than $1.2 million of the “subject convertible notes” filed March 3rd to convert without the reg A offering at a 25% discount to market.
Boast about the PCAOB Audit yet fails to say that the company issued a press release February 6th stating the reason for the audit to be an uplist attempt. Can’t uplist to a major market with a 6.7 billion share structure trading in the trips. First things first though, this reverse merger still hasn’t been consummated with the buy out of the previous majority control held by Janbella. With more than 3.6 billion shares added to the float why has this not been done yet.
The company issued a press release October 18, 2024 boasting about the cancellation of $1.7 billion restricted shares. The links to the three stock cancellation agreements total principle amount of $1,060,000 are I the regulation A offering circular.
The 600 million share disparity between what we see on the unrestricted line item for the share structure and that held at the DTC is a result of recent additions to the share count including the 375 million shares added in the March 26th update. I suspect that is what they are working through with this promotion. The rest may come after the reverse split. Bubae Tuesday, May 27, 2025 7:14:46 AM Post# 44969 of 45593 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176240266 Their promotional rhetoric can't hide from the filing friendo. 😆 See line item for net cash used for operating activities of negative $5.1 million. Proceeds from working capital financing of $7.2 million. Net loss for the quarter was nearly $2 million….
By this Offering Circular, Raadr, Inc., a Nevada corporation, is offering for sale a maximum of 1,500,000,000 shares of its common stock (the “Offered Shares”), at a fixed price of $0.001 per share, pursuant to Tier 1 of Regulation A...
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