Yeah, pretty common for a company to update the share structure nearly weekly showing zero dilution, falsely announce that the the share buy back had begun while at the same time start issuing hundreds of millions of reg A shares. 🙄 Can't dismiss what they did which is why you are here, right? What has transpired speaks for itself and pumpers like yourself can not minimize the facts. Mexedia is primarily about one person which I detailed in post #48256 with plenty of links to the information. In their short history they have always been cash flow negative. 2024 was a relative disaster for which is why they are here selling RAADR stock, post# 47234. Telvantis is a Mexedia holding company created for this so called reverse merger and what has occurred so far has simply been a change of control. They have used this change of control and their narratives to run the outstanding share count up over 8 billion shares now. It would not surprise me at this point if the reverse merger is not consummated and that these Mexedia operators crawl back under their rock after they convert the $1 million performance bonus notes. Bubae Sunday, August 17, 2025 10:20:45 AM Post# 48256 of 48963 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176583534
The best perspective of what this stock has become is viewed from what Mexedia has been promoting to their shareholders. This Raadr Telvantis story is about a lifeline for Mexedia which is why their stock is up. I should say that this is primarily about one person, Orlando Taddeo, who indirectly through the Heritage Ventures Ltd Fund controls 73.45% of Mexedia according to the Mexedia 2024 annual. The remaining share distribution was held 8% by employees with only 18.55% listed as “other investors”. Details for the condition of the company leading up to the reverse merger and change of control in October 2024 in post# 46652 with links and details for the Mexedia 1H 2024 filing. This is why Mexedia is here using Raadr Inc stock for working capital. There is no appetite to dilute the Mexedia stock.
Yes, Mexedia's 2024 numbers were a disaster compared to 2024. Early on after the change of control all they did was boast about their 2023 numbers without a word about 2024. The first half 2024 numbers from the Mexedia report for 2024 relative to that of 2023. So NOW they want to talk about growth over 2024. The reality is even when these Mexedia managers were boasting about their 2023 numbers their business was still cash flow negative. YOY Revenue for the first half of 2024 was down 71%. Net profit down 434%, EBITDA negative. This is why their stock by the end of 2024 was only trading around €1.10. The ability to sell Raadr Inc. stock for badly needed working capital is good news for Mexedia shareholders. The two entities listed in the text below Mexedia Inc and Mexedia DAC, from the report were rolled into the new company Telvantis which made Raadr a holding company 75% controlling interest held by Mexedia. They gave up 25% ownership and now have the ability to raise cash through the sales of this stock. Details and links to the filings post# 45950 linked below.
Boo Hoo is showing it's mad DD skills. Reg A shares were announced in their disclosure. Too bad you relied on OTC markets to get updates on their increase in OS. 😂🤡