Raadr Inc (OTCMKTS:RDAR) has seen an big move up since reversing off $0.003 lows. The stock was heavily promoted via email and Investorshub.com back when it was trading over $0.25 a share. The stock initially hit a high of $0.42 before the collapse.
RDAR was originally incorporated under the laws of Nevada in 2006 as White Dental Supply, Inc. focused on selling dental supplies through direct marketing and via the internet. In February 2013 they changed their name to Pitooey!, Inc. before changing it to Raadr Inc in October 2015.
Raadr Inc (OTCMKTS:RDAR) bills itself as the developer of the artificial intelligent proprietary technology application RAADR; a web based tool that provides families with peace of mind when it comes to knowing that children are safe from bullying and predatory behavior unfortunately so prevalent today.
By customizing their own unique monitoring and alert settings, parents and guardians can be alerted when their children’s Facebook, Twitter, Instagram and other pertinent social media platforms under scrutiny become posted with inappropriate language. By utilizing customized keywords chosen by the user that are added to an already existing database, parents and guardians can carry a sense of assuredness that the youth they love and are responsible for are safe and acting in a fun, yet appropriate manner.
RAADR© gives families the ability to protect their image, combat erroneous postings and for individuals safeguard their children from online bullying.
RAADR© is a software development and mobile application developer formed in late 2012. The Company’s core competency is focused on building and acquiring apps and other products, services and companies to build a nationwide network of related businesses that are positioned to serve the mobile app development needs of small businesses and individuals.
In November the Company said they closed on seed capital from a group of investors totaling in the six figure range. This cash infusion will spur growth and greatly shorten the timeline of the mobile development.
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The current round of funding will allow RAADR to develop and launch their parental monitoring app into Apple’s iOS app store. Due to the complex and often tedious process of launching an iOS app, the company has decided to develop their app for Apple devices first, with an initial app store submission planned by mid-December. Following a successful iOS launch, the company intends to launch their Android app. Android development is slated to start in early 2016.
in December RDAR announced it retained i-Business Management, LLC as an external provider for investor and public relations. This retainer will allow the company to devote its time and energy to further product development and sales.
The RAADR(TM) marketing initiative will begin with strategic partnerships centered on putting family first. Parental responsibility does not stop with the purchase of a cellular phone; in fact it only adds to a guardian’s obligation to a child and their safety. The company has reached out to several of these strategic clubs/groups and organizations that have a strong presence on social media as well as those with high viewership websites. The initial market that has been targeted concentrates on the financial responsibilities of the parents or caregivers.
On February 2 RDAR announced it is hosting an anti-bullying assembly at Pendergrast Elementary today with Kenny Dobbs, Gary Smith, and The Dare to Dream Foundation.
RAADR will be branding the elementary school as a member of its #NoBullyDistrict initiative. Kenny Dobbs and Gary Smith will perform exciting basketball dunks and other stunts, which will motivate the children. RAADR will take the stage to teach students, teachers, parents, and administrators about bullying, both in schools and in a digital sense.
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Currently trading at a $1.3 million market valuation RDAR has little assets or revenues and growing liabilities. The Company is the maker of RAADR; a web based tool that keeps kids safe on the internet. The stock was trading over $0.40 but has collapse on significant debt conversions. We will be updating on RDAR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with RDAR.
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Disclosure: we hold no position in RDAR either long or short and we have not been compensated for this article.