That is a Mexedia press release for Mexedia shareholders. See any mention of either Telvantis or Raadr? The Mexedia stock is down to €16.00 now. Orlando Taddeo used this story to move the Mexedia stock up and cashed out making millions. Even the Mexedia shareholders got scammed from the looks of it. 😆 The trading was so suspect that the European regulators suspended the trading of the Mexedia stock for a couple of weeks while they investigated. I also believe that these Mexedia managers cashed out the five bonuses notes to three individuals totaling $1,050,000 plus interest with the proceeds from the reg A offering. Orlando Taddeo was the owner of 42 Telcom and sold that. Now we learn that they have a December closing date for the Telvantis Voice Services from a Spectral Capital press release.
A little google AI help with the pump and dump question regarding Mexedia. Take that information and the trading details in post# 49268 for Orlando Taddeo's Heritage Ventures Ltd Fund which controls 73.45% of Mexedia according to the Mexedia 2024 annual. refer to the pic below posted on another board from the Mexedia CFO. Looks like market activity was the issue not compliance. The Mexedia stock is thinly traded since Orlando Taddeo was most of it and was dumping a lot of shares during the period. Who did they con into buying that paper at inflated prices. Who ever it was is pissed. 😆 On the other hand I guess OTC retail is used to being lied to and conned. 😉
Allegations of a "pump and dump" scheme involving Mexedia (ALMEX) stock are based on its extremely volatile price action in 2025. While specific regulatory action against Mexedia for fraud has not been announced, the unusual trading activity has raised concerns among market observers. The stock experienced a meteoric rise followed by a rapid collapse, characteristic of such schemes. Key stock price events
The extreme volatility in Mexedia's stock price occurred over a few months in mid-2025.
May 20, 2025: The stock hit its 52-week low of €1.10.
August 13, 2025: The price surged to a 52-week high of €88.50, an increase of more than 8,000% in under three months.
September 8, 2025: The price had plummeted to €57.50.
September 11, 2025: The price dropped further to €43.00.