Phoenix, AZ — February 21, 2017 — InvestorsHub NewsWire — RAADR, Inc. (OTCPINK: RDAR), a technology and software development company that monitors cyber-bullying and social media platforms through its artificially intelligent proprietary web-based application is in the final steps towards updating it’s systems and controls through the closing of anticipated financial backing.
Founder and CEO Jacob DiMartino has revealed that they “have entered talks with a group of currently invested convertible note-holders on financially jump-starting the company to get all accounts current and back up to OTCQB standards.”
The company’s focus is to become fully reporting and qualify for the OTC Pink platform, which calls for a $.01 closing price for 30 consecutive days and audited financial records, which the company estimates to complete with diligence by close of the second quarter. “Over and above becoming a SEC fully reporting company, we understand the desire of our shareholders to uplift to a higher exchange and the open flow of communication, so the next logical step is the OTCQB”, says DiMartino.
RAADR anticipates sharing some of this information in the very near future and is confident that the revelation will publicly validate the company’s efforts as well as renew and build investor security and momentum.
The company envisions continued support from the market as it continues to release additional application updates to our products, The RAADR app and Bully RAADR App. This will affirm the strength of RAADR moving forward.
As it was when DiMartino founded RAADR, cyber-bullying remains a hot-button issue nationally and has been addressed as a personal platform for a range of celebrities from Demi Lovato and Kendall Jenner to Ellen DeGeneres and First Lady Melania Trump. However, it is in the real words of a 14 year old girl from New Jersey where RAADR and it’s place in our market finds true relevance – “Being bullied over the internet is worse. It’s torment and hurts. They say ‘sticks and stones may break my bones but words will never hurt me’. That quote is a lie and I will never believe in it. Sticks and stones may cause nasty cuts and scars, but those cuts and scars will heal. Insulting words hurt and may take forever to heal”.
We exist to eliminate these statistics (from the National Crime Prevention Center and the Cyber-Bullying Research Center):
Above 25% of adolescents have been bullied repeatedly through their cell phone or the internet.
More than 50% of adolescents have engaged in cyber-bullying.
Cyber-bullying victims are likely to have low self-esteem and consider suicide.
Thirteen percent of 12-17 year olds have had a cyber-bullying experience that has made them nervous about attending school the next day.
About RAADR, Inc.:
RAADR, Inc., makers of the artificial intelligent proprietary technology application RAADR©, have developed 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 confidence that the youth they love and are responsible for are safe and acting in a fun, yet appropriate manner. No parent or guardian has the time or resources to be in constant surveillance of all the Social Media platforms in which their children might be active. Nor do most children want intense scrutiny of their updates and postings, despite the best intentions. You want to trust your children, while at the same time knowing that you are protecting them. RAADR© gives families the ability to protect their image, combat erroneous postings and for individuals safeguard their children from online bullying. 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.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief, or current expectations of RAADR, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond RAADR, Inc.’s ability to control and their actual results may differ materially from those projected in the forward-looking statements because of various factors. More information about the potential factors that could affect the business and financial results is and will be included in RAADR, Inc.’s filings with the Securities and Exchange Commission.