RAADR Nears Agreement to Terms with Debt Holder
April 17 2017 - 1:00PM
Access Wire
PHOENIX, AZ / ACCESSWIRE / April 17, 2017 /
RAADR, Inc. (OTC PINK: RDAR), a technology and software development
company that monitors cyber bullying and social media platforms
through its artificially intelligent proprietary web-based
application, announced Thursday that they will be releasing their
Financials and that the Company will be current on the OTC before
the end of April.
Management is pleased to announce that RAADR is near to reaching
an agreement with its existing note holder, whereby terms of
conversion will be renegotiated, and will not convert below a
certain price level. In addition, it will be written that no more
than a certain amount, in U.S. dollars, can be sold in any single
month without prior written approval from RAADR Management. RAADR
wants to thank its debt holders for working with the Company and
assisting in its growth. All security details will be updated on
OTC Markets to accurately reflect the current share structure.
Additionally, Shareholders can be assured that the Company has no
intention of effecting a Reverse Split.
CEO, Jacob DiMartino, stated, "In all my years, I can honestly
say my excitement and enthusiasm regarding our proprietary
technology application, and the market timing, has never been
higher. I look forward to consumers having a sense of assuredness
that the youth they love and are responsible for are safe and
acting in a fun, yet appropriate manner."
About RAADR, Inc.:
RAADR, Inc., makers of the artificial intelligent
proprietary technology application RAADR©, have developed a web
based tool that provides families with peace of mind when it comes
to knowing that children are safe from bullying and predatory
behavior unfortunately so prevalent today. By customizing their own
unique monitoring and alert settings, parents and guardians can be
alerted when their children's Facebook, Twitter, Instagram, and
other pertinent social media platforms under scrutiny become posted
with inappropriate language. By utilizing customized keywords
chosen by the user that are added to an already existing database,
parents and guardians can carry a sense of assuredness that the
youth they love and are responsible for are safe and acting in a
fun, yet appropriate manner. No parent or guardian has the time or
resources to be in constant surveillance of all the Social Media
platforms in which their children might be active. Nor do most
children want intense scrutiny of their updates and postings,
despite the best intentions. You want to trust your children, while
at the same time knowing that you are protecting them. RAADR© gives
families the ability to protect their image, combat erroneous
postings and for individuals safeguard their children from online
bullying. The Company's core competency is focused on building and
acquiring apps and other products, services and companies to build
a nationwide network of related businesses that are positioned to
serve the mobile app development needs of small businesses and
individuals.
Safe Harbor:
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in several places in
this release and include all statements that are not statements of
historical fact regarding the intent, belief, or current
expectations of RAADR, Inc., its directors or its officers with
respect to, among other things: (i) financing plans; (ii) trends
affecting its financial condition or results of operations; (iii)
growth strategy and operating strategy. The words "may," "would,"
"will," "expect," "estimate," "can," "believe," "potential," and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond
RAADR, Inc.'s ability to control and their actual results may
differ materially from those projected in the forward-looking
statements because of various factors. More information about the
potential factors that could affect the business and financial
results is and will be included in RAADR, Inc.'s filings with the
Securities and Exchange Commission.
SOURCE: RAADR, Inc.
Raadr (PK) (USOTC:RDAR)
Historical Stock Chart
From Oct 2024 to Nov 2024
Raadr (PK) (USOTC:RDAR)
Historical Stock Chart
From Nov 2023 to Nov 2024