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News and press releases for Telvantis Inc. (OTC: RDAR), formerly Raadr, Inc., focus on its evolution as a telecommunications and technology company. The company’s announcements describe a shift toward wireless and 5G infrastructure, cloud-based communications platforms, and enterprise services for operators, enterprises, and network providers worldwide.
Recent news has highlighted Telvantis’ corporate transformation and brand change from Raadr to Telvantis, as well as the reverse-merger transaction through which Mexedia’s U.S. and Irish operations became wholly owned subsidiaries. These disclosures emphasize expanded capabilities in 5G technologies, cloud communications, and enterprise-grade services.
Telvantis also issues updates on acquisitions and portfolio changes. It has reported a definitive agreement to acquire AmeriCrew Inc.’s operating subsidiaries, which provide telecommunications installation, construction, and project management services, and a binding term sheet to sell its international voice services business, Telvantis Voice Services Inc., to Spectral Capital Corporation. Together, these items illustrate the company’s stated strategy of focusing on fiber, 5G wireless, Fixed Wireless Access (FWA), and edge data center infrastructure.
Capital structure and financing developments are another recurring theme. The company has announced the cancellation of a large block of common shares, the settlement of all outstanding convertible debt, and the establishment of a secured working capital facility through its Irish subsidiary. Telvantis also uses news releases to describe investor outreach, including conference presentations and interviews on the floor of the New York Stock Exchange.
This page aggregates such company-issued news so readers can review Telvantis’ own descriptions of its strategy, acquisitions, financing steps, and branding under the RDAR ticker.
RAADR, Inc. (OTC PINK: RDAR), a technology firm focused on monitoring cyber-bullying, endorses SEC Whistleblower Francis Haugen's congressional testimony criticizing Facebook and Instagram for harming children. Haugen highlighted the detrimental effects of these platforms on teenage girls, including increased suicidal thoughts and eating disorders. RAADR plans to release the RAADR Parental 2.0 application within 60 days, enabling parents to monitor their children's online activities through advanced features like facial recognition. This initiative aims to enhance child safety in social media environments.
RAADR, Inc. (OTC PINK: RDAR) announced a historic pledge by Chairman and CEO Jacob Dimartino to refrain from signing any additional toxic funding documents, which typically convert debt into equity at steep discounts. This decision follows the qualification of the company's REG A filing with the SEC, allowing for share sales to qualified investors. Additionally, the company is in the process of completing its audits for 2019 and 2020, transitioning to a fully reporting company, which is expected to reduce capital costs and enhance business opportunities.
RAADR, Inc. (OTC PINK: RDAR) announced its audit for the years ending December 31, 2019, and December 31, 2020, is expected to be completed in Q4 2021. This will facilitate their designation as an OTCQB tier company, potentially reducing capital costs. The company has also received SEC qualification for its REG A filing, enabling the sale of shares to selected investors, moving away from variable-rate debt. Chairman Jacob DiMartino expressed confidence in the audit's completion and the long-term goal of reaching Nasdaq as their products gain traction.
RAADR, Inc. (OTC PINK: RDAR) announced positive results from its beta test of the updated version 2.0 of its RAADR mobile application, aimed at combating cyber-bullying. The new app supports multiple parent accounts and customizable child profiles for monitoring social media accounts on platforms like Facebook, Instagram, and Twitter. Enhanced features include real-time alerts for harmful keywords and an improved user guide. The app's commercial launch is planned for August 2021. CEO Jacob DiMartino expressed enthusiasm for bringing the app to parents to enhance child safety online.
RAADR, Inc. (OTC PINK: RDAR), known as the "internet anti-bullying company," announced a rebranding effort to clarify its business strategy. The company aims to enhance shareholder understanding of its operations without altering its core business goals. RAADR develops software and apps that assist children, parents, and schools in monitoring online bullying and threats. Noteworthy upcoming releases include RAADR Parental 2.0 in July 2021 and Bully RAADR by late summer 2021, featuring real-time alerts and facial recognition technology to protect children online.
RAADR, Inc. (OTC PINK: RDAR) announced the filing of form 1-A with the SEC for a Regulation A public offering of up to $5,000,000 in Common Stock shares, priced between $.001 and $0.074. The offering aims to secure equity investments to fund operations and eliminate existing debt. Approval from the SEC may take three to six months, with the offering to remain open for 365 days post-qualification by the New York Attorney General, extendable by 90 days at the company's discretion. CEO Jacob DiMartino highlighted this as a significant milestone for the company.
RAADR, Inc. (OTC PINK: RDAR) announced the approval of the sale of a debt of $771,887.29 to Tri-Bridge Ventures, LLC, finalized on March 30, 2021. This debt originated from a Debenture loan dated April 29, 2013 and includes accrued interest. The sale was executed by Lynn Cole Capital and is convertible, contributing to RAADR's strategy to reduce old debt. CEO Jacob DiMartino emphasized efforts to clear past debts in 2021, indicating a proactive approach to improve financial health.
RAADR, Inc. (OTC PINK: RDAR) announced a settlement with Typenex Co-Investment, LLC regarding a promissory note issued on November 23, 2015, for $280,000. The settlement, dated March 8, 2021, concludes the obligations under the note, leading to the issuance of 88 million shares of common stock to Typenex. CEO Jacob DiMartino emphasized the goal of eliminating convertible debt within the year and indicated ongoing negotiations with other lenders to further reduce debt levels.
RAADR, Inc. (OTC PINK: RDAR) is partnering with FYRESITE for its application development in 2021. This collaboration aims to enhance user experience and AI performance in RAADR's mobile applications, furthering its mission to combat cyber-bullying. CEO Jacob DiMartino and CTO Bishop Morley expressed optimism about this partnership, highlighting it as a significant step towards expanding RAADR's customer base. FYRESITE's Senior Project Manager, Jerry Rider, emphasized the project's potential positive impact on children's safety online.