Replies to post #46556 on Raadr Inc (RDAR)

[Bubae]

No need for the reg A offering? 🙄 The business is net cash flow negative. The Q1 report shows the nearly $2 million net loss. This business of buying and reselling telcom connections is a low margin business. Revenue is deceptive here since the telcom connection they sell aren't free but what is normally considered a cost of goods sold is also reflected on the balance sheet as revenue. They state in the 2024 annual with regard to their thin margins that "...we will be required to obtain significant additional capital, including in this offering..." They are as likely to cancel the reg A offering as they are to cancel the $1,050,000 (principle amount) in performance bonus notes that these Mexedia managers wrote themselves last November shortly after taking control. Those notes convert at a 25% discount to market and were rewritten in February to include a 180 day vesting period for eligibility.


Bubae
Sunday, June 08, 2025 6:54:17 PM
Post# 45950 of 46002
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176292278&txt2find=net%20earnings

The business depends heavily on a credit line to conduct their business which adds an interest expense as well. They lost their credit line in 2024 which resulted in "Gross Margin in 2024 at €3.6 million, -84% compared to €22.2 million in 2023." as stated in the Mexedia press release dated March 27, 2025 linked below. With regard to the low margin business the Raadr 2024 annual states "...we will be required to obtain significant additional capital, including in this offering..."

Bubae
Monday, June 09, 2025 7:16:19 PM
Post# 45989 of 46101
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176297587

Here is what you have at a minimum. The $1.5 million regulation A offering priced at $0.001 and the more than $1.2 million of the subject convertible notes rewritten and filed with the March 3rd to convert without the reg A offering converts at a 25% discount to market. Of that group of notes are the $1,050,000 to pay the performance bonuses for these Mexedia executives which I'm thinking will wait along with the $1.5 million reg A until after the reverse split.

For the period ending March 31, 2025
https://www.otcmarkets.com/file/company/financial-report/465252/content

Page 36 of the PDF

[BigBadWolf]

The Reg A Tier II offering, as previously stated in filings and public communications, was largely intended to raise capital to pay off the JanBella obligation.

Now that that obligation is paid, the original stated purpose of the Reg A has been fulfilled.

If shares have not yet been sold under the Reg A the company could pause or cancel further issuance under it, unless a new use of proceeds is disclosed.

If shares were already sold under the Reg A the company should update or amend its Offering Circular (or file a Post-Qualification Amendment or Supplement) to reflect the new intended use of funds, or state that no further funding will be drawn