Replies to post #50084 on Raadr Inc (RDAR)

[BigBadWolf]

Lets remember a few more words as well https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176763532

[BigBadWolf]

FCCN Cash Flow & Financing
Operating cash flow (six months): net outflow of $480,957
Financing cash flows:
They raised some cash via short-term advances ($294,590 over six months)

They also sold common stock (or issued shares) raising $84,970 in that period
Net cash from financing for six months: $379,560

Net change in cash: decrease of $101,397 over the six months

Non-cash activity:
Settlement of related party liabilities: $675,800
Common stock issued to settle liabilities: $88,100

So, the company is relying on capital infusions and stock issuances rather than operations to stay afloat.

[BigBadWolf]

Notes, Risk Disclosures & Going Concern

The company explicitly discloses “substantial doubt” about its ability to continue as a going concern, citing:
Its very low cash on hand, a lack of revenues, and w/ the negative working capital / deficit.

They state that management has funded operations through equity sales and advances from related parties.
They also note that as of the filing date, they have no firm capital commitments.

FCCN also says they have not generated revenue from their planned operations (quantum, AI, telecom, etc.), but they anticipate beginning revenue generation “within the next 90-120 days.”

So as per FCCN's PCAOB Accountant the 10-Q confirms a weak financial foundation, high risk, and lack of traction in operations.