Business
EQS-News: Raadr Inc., Doing Business as Telvantis, Completes Final Stage of Legacy Debt Remediation, Paving the Way for New Growth Phase
EQS-News: Raadr Inc., Doing Business as Telvantis, Completes Final Stage of Legacy Debt Remediation, Paving the Way for New Growth Phase.
About this update from Raadr, Inc.
[{"type":"text","content":"\n\n\n\n\t\n\n\n\n\n\n\n\n\n\nEQS-News: Telvantis Inc.\n\n\n / Key word(s): Financial\n\n\n\n\n\nRaadr Inc., Doing Business as Telvantis, Completes Final Stage of Legacy Debt Remediation, Paving the Way for New Growth Phase 01.04.2025 / 14:04 CET/CEST\n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\n NEW YORK - April 1, 2025 (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.\nSince 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 That transformation required addressing years of legacy debt, broken agreements, toxic funders, and outdated contracts - issues that prevented meaningful forward progress.\nToday’s structural change reflects the final stage of that cleanup process.\nA Necessary Step Toward the Future\n“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.”\nWhat’s Been Done Since Taking Over\n\nCorporate 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.\n\n\nResolved Outstanding Liabilities – Settled or remediated toxic and restrictive legacy debt instruments that weighed on the company’s operations and market reputation.\n\n\nFiled Updated Disclosures – Improved transparency and made strategic filings to align with uplisting goals.\n\n\nBuilt a $300M+ Revenue Platform – As outlined in the Investor Educat...