Business
RAADR, Inc. Announces that its Audit Which Will Allow it to Become a Fully Reporting Company will be Completed During the Fourth Quarter of 2021
RAADR, Inc. Announces that its Audit Which Will Allow it to Become a Fully Reporting Company will be Completed During the Fourth Quarter of 2021.
About this update from Raadr, Inc.
[{"type":"text","content":"\n\n\n\nRAADR, Inc. Announces that its Audit Which Will Allow it to Become a Fully Reporting Company will be Completed During the Fourth Quarter of 2021\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nRAADR, Inc. Announces that its Audit Which Will Allow it to Become a Fully Reporting Company will be Completed During the Fourth Quarter of 2021\nPR Newswire\nPHOENIX, Sept. 17, 2021\n\n\n\nPHOENIX, Sept. 17, 2021 /PRNewswire/ -- RAADR, Inc. (OTC PINK: RDAR), a technology and software development company that monitors cyber-bullying and social media platforms with artificial intelligence announced today that it fully expects to complete its audit during the fourth quarter of 2021. Known as \"the anti-bullying company\", RAADR Inc.'s audit for the company's calendar years ended December 31, 2019 and December 31, 2020 will be included in the company's anticipated Form 10 filing with the Securities and Exchange Commission. When these documents are filed with the United States Securities and Exchange Commission, RAADR will immediately engage with the staff at OTC Markets to pay any required fees to be designated as an OTCQB tier company at OTC Markets. As a fully reporting company with the SEC, RAADR, Inc. expects that business opportunities will flourish and its cost of capital will significantly decrease virtually immediately as the company completes the transmission from an alternative reporting company to a fully reporting company. \nThe company is also announcing that its REG A filing with the United Securities and Exchange Commission was qualified by the SEC and as a result, RAADR, Inc. will begin selling shares to highly qualified investors that the company believes have interests aligned with the company's goal of building shareholder value. As a result of the REG A qualification, this marks a pivotal point in the company's financing strategy to essentially move away from variable rate debt financing (\"also known as toxic debt\") to financing the company through selectively selling the REG A stock to a select group of qualified investors who the company believes has in...