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Associated Press
01-04-2025
- Business
- Associated Press
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 That transformation required addressing years of legacy debt, broken agreements, toxic funders, and outdated contracts - issues that prevented meaningful forward progress.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. Stay connected: - Twitter/X: @Telvantis - LinkedIn: Telvantis
Associated Press
18-02-2025
- Business
- Associated Press
Raadr (Doing Business as Telvantis) Launches Investor Education Series to Showcase Business Strategy, Technology Focus, and Uplisting Plans
NEWMEDIAWIRE) - Raadr Inc., doing business as Telvantis (OTC: RDAR) ('Telvantis' or the 'Company'), a U.S.-based technology-driven telecommunications and enterprise solutions provider, today announced the launch of a three-part investor education series to provide shareholders with a deeper understanding of the company's business model, financial growth strategy, and path to a national exchange uplisting. The series will feature Chief Financial Officer (CFO) Daniel Gilcher, who will provide a data-driven look into Telvantis' operations, expansion plans, and upcoming strategic initiatives - including its focus on technology-driven communications and the potential for strategic acquisitions. 'Telvantis is more than a traditional telecom provider, we are a technology-driven company focused on delivering advanced communications solutions that meet the evolving needs of businesses and telecom operators worldwide,' said Daniel Contreras, CEO of Telvantis. 'This series will showcase our core business, how our technology powers modern business communications, and how we are scaling for long-term growth through strategic acquisitions and a disciplined expansion strategy.' Part 1: 'Understanding Telvantis – Technology, Innovation & Market Position' Releasing Thursday, February 27, 2025 Part 2: 'Financial Growth Strategy - Revenue Roadmap & Expansion Plans' Releasing Tuesday, March 4, 2025 2024 as a transition year – what's changing and why it matters. Revenue drivers and profitability outlook – breaking down $349M in 2023 revenue and future targets. Expansion plans, including geographic growth, product and service enhancements, and strategic partnerships. Part 3: 'Shareholder Value & Uplisting Plans - Next Steps' Releasing Tuesday, March 11, 2025 The process and requirements for uplisting to a national exchange. PCAOB audit progress and its significance for institutional investors. A look at shareholder value initiatives, including capital structure optimizations and how acquisitions could strengthen Telvantis' communications technology portfolio. Telvantis is not just a telecom company but a technology-driven communications provider focused on delivering scalable and high-performance solutions. The company serves global telecom operators and enterprise clients, providing advanced network solutions, business messaging, and cloud-based communications infrastructure. Our goal is to create long-term value through: 'We recognize that investors need clarity on our business fundamentals and financial strategy,' added Daniel Gilcher, CFO of Telvantis. 'This series will provide shareholders with detailed insights into how we are evolving as a communications technology company, leveraging acquisitions, and positioning the company for long-term success.' The first installment of the Telvantis Investor Education Series will be released on Thursday, February 27, 2025. 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. This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect the Company'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. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations Contact Telvantis 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Stay Connected
