More misinformation without a shred of evidence which is expected. "non-cash notes" 😆 Are you serious? Maybe when retail is paying for those conversions they will do it from their non-cash accounts. 😅 The filings tell the story.
The biggest piece of misinformation is your post reveals that you have no idea what Telvantis really is. Telvantis is a Mexedia holding company of which Mexedia retained 75% ownership in the reverse merger through teh issuance of the series F preferred shares in exchange for 15% ownership of the Telvantis holding company. That 25% gives Mexedia the ability to sell Raadr shares to bail out is negative cash flow business.
Check out the July 10th letter of intent press release differences between what these Mexedia managers issued to their share holders in Europe and you all who trade this stock. They make it clear to their shareholders that they own 75% of this show but the Telvatis holding company will be diluting Raadr Inc shares to pay for everything. 😆 No wonder the Mexedia stock is up, this reverse merger was a brilliant move for them.
And the cherry on top? You scream “they didn't disclose the bonuses in the financials!” Of course not—they were non-cash notes, not operating expenses, and they were fully disclosed in SEC filings. You just wanted it to be hidden so you could yell “fraud.”
Page 14 of the PDF Series F Preferred Stock. Also in conjunction with the Mexedia Acquisitions, we designated a new Series F Preferred Stock and issued a total of 75,000 shares of such Series F Preferred Stock to Mexedia SPA, which now controls our company through its ownership of the Series F Preferred Stock.
Page 15 of the PDF Our company now operates as a holding company in the telecommunications sector. Telvantis Florida and Mexedia DAC are intermediary operators that sell “segments” of telephone connections, taking place between a “calling” user and a “called” user, to other Telco operator or mobile operators
Page 44 of the PDF Effective October 8, 2024, a change in control of the Company, in connection with our acquisitions (the Mexedia Acquisitions) of Telvantis Voice Services, Inc. (formerly Mexedia, Inc.), a Florida corporation with its operations headquartered in Miami, Florida (Telvantis Florida), and Mexedia DAC, an Ireland corporation now wholly owned by Telvantis Florida (Mexedia DAC) (Telvantis Florida and Mexedia DAC are referred to as the Mexedia Companies). Following these transactions, Mexedia SPA controls the Company. However, it is intended that, as soon as possible and in keeping with applicable Italian corporate laws and applicable Euronext Growth Paris exchange rules, Mexedia SPA would distribute to its shareholders the control shares issued to it pursuant to the Acquisition Agreements.
Page 92 of the PDF Ultimate controlling party Mexedia Limited is a wholly owned subsidiary of Mexedia SPA S.B, an Italian company. The majority shareholder in Mexedia SPA S.B, via a holding company structure, is Mr Orlando Taddeo who may be regarded as the ultimate controlling party of Mexedia Limited.