Raadr Inc., Doing Business as Telvantis, Completes Final Stage of Legacy Debt Remediation, Paving the Way for New Growth Phase
NEWMEDIAWIRE) - Raadr Inc. (OTC: $RDAR), doing business as Telvantis ('Telvantis' or the 'Company'), today announced the completion of its final round of debt remediation and legacy clean-up efforts that began in late 2024. This marks a significant milestone in the company's ongoing transformation and sets the foundation for the next phase of strategic growth.
Since taking operational control of RDAR in 2024, the current management team has been focused on rebuilding the company with a clear goal: to transform RDAR into a high-growth technology and communications platform under the Telvantis brand. That transformation required addressing years of legacy debt, broken agreements, toxic funders, and outdated contracts - issues that prevented meaningful forward progress.
Today's structural change reflects the final stage of that cleanup process.
A Necessary Step Toward the Future
'This was the last chapter of an old book,' said Daniel Contreras, CEO of Telvantis. 'We inherited a broken structure and made it our responsibility to fix it from the ground up. We delivered the contractual resolution to all these issues within weeks of taking control, and now the last investor has exercised his conversion right. Now that this last portion of legacy obligations is complete, we can fully shift our focus to growth, value creation, and the execution of our long-term roadmap.'
What's Been Done Since Taking Over
Corporate Rebranding & Vision Shift – Transitioned from Raadr to Telvantis, a telecom-technology hybrid company focused on CPaaS (Communications Platform as a Service), global connectivity, and AI-driven communications.
Resolved Outstanding Liabilities – Settled or remediated toxic and restrictive legacy debt instruments that weighed on the company's operations and market reputation.
Filed Updated Disclosures – Improved transparency and made strategic filings to align with uplisting goals.
Built a $300M+ Revenue Platform – As outlined in the Investor Education Series, Telvantis has developed a multi-stream revenue model and a clear plan to scale toward $1B in annual revenues.
Announced Buyback Intentions – Confirmed intent to pursue buybacks when appropriate and aligned with shareholder value.
Secured Global Partnerships – Built a global telecom and enterprise customer base with over 300 carrier relationships and growing software licensing deals.
Addressing Recent Shareholder Concerns
The Company acknowledges that recent updates to its share structure have raised questions among shareholders. To be clear, the latest changes reflect the final settlement actions tied to legacy note obligations, many of which were carried over from prior management. These settlements were necessary to clean the balance sheet and position the company for a stronger financial future.
With that chapter now closed, the Company confirms that there are no additional legacy liabilities outstanding. This unlocks a new level of operational freedom and strategic execution.
Looking Ahead
Telvantis now enters its next phase, focused on operational growth, technology advancement, deeper market penetration, and increasing shareholder value. Future milestones include:
'We understand shareholder concerns - we've read the comments, emails, and message boards,' added Daniel Gilcher, CFO of Telvantis. 'But the facts are this: We are a $300M+ revenue business, with global partnerships and the infrastructure to scale to $1B+ in annual sales. The past is now officially behind us, and what comes next will speak for itself.'
About Telvantis
Raadr Inc., now doing business as Telvantis (OTC: RDAR), is a U.S.-based telecommunications company delivering advanced solutions to operators, enterprises, and network providers worldwide. Through its recent acquisitions of operations in the U.S. and Ireland, Telvantis has strategically expanded its portfolio to encompass cutting-edge 5G technologies, cloud-based communications platforms, and enterprise-grade services. This expansion, combined with a forward-thinking approach, positions Telvantis for accelerated growth and market leadership in the evolving telecommunications landscape.
Forward-looking statements
This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis's current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law.
https://telvantis.com/press-releases
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