Oct. 24 at 1:26 PM
$RDAR Raadr became a holding company through the reverse merger agreements. Mexedia retained ownership of the Telvantis business through the ownership of Raadr series F preferred shares. When we talk about Mexedia shareholders we are talking primarily about one person, Orlando Taddeo. Page 32 describes the European regulatory rules requiring the distribution of the series F preferred shares to Mexedia shareholders. Raadr issued 75,000 series F preferred shares to acquire the two Telvantis entities Mexedia Inc (Telvantis Florida) and Mexedia DAC, Dublin Ireland based business. According to the filing Mexedia owns the series F preferred shares and used the controlling interest to fleece Raadr shareholders. Now these Mexedia owners sell the Telvatis Florida business to Spectral Capital with the share exchange agreement.
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The Mexedia one year plan is wrapping up and you all got stuck with the bill including the 1,050,000$ in bonuses.