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Associated Press
23-06-2025
- Business
- Associated Press
Telvantis Inc. Closes May 25 With $20.6M+ in Revenue; Confirms Full Year Plan in Excess of $200M in Revenues and Strong Commercial Momentum
MIAMI BEACH, FL - June 23, 2025 ( NEWMEDIAWIRE ) - Telvantis Inc., (OTC: RDAR) ('Telvantis' or the 'Company'), a U.S.-based technology-driven telecommunications and enterprise solutions provider, today announced approximately $20.6 million in revenue in the month of May 2025, confirming strong recovery of the business. With a growing current run rate of approximately $20 million in monthly revenue, the company has substantially surpassed 2024 revenue performance. Importantly, the company's revenue trajectory continues to accelerate, validating Telvantis' position as an emerging force in the telecom technology space. The Company's gross margin totaled approximately $150 thousand for the month as the company's gross margin continues to expand as anticipated and generated an operating loss of approximately $227 thousand before financing costs. The gross profit is expected to expand, while costs are expected to decline over the coming quarters. May marks the strongest monthly performance for the company's gross margin year to date. The current Q2'25 performance for revenues, gross margins and operating profit represents a substantial improvement over the first quarter in 2025. Note that all mentioned numbers are unaudited. 'This month of May was strong and we believe that we will close June even stronger,' commented Daniel Contreras, CEO of Telvantis Inc. 'We are seeing a lot of commercial momentum right now,' added Contreras. 'We will also work with our auditors to provide reviewed H1'25 numbers after the close of the quarter,' added Conteras. About Telvantis Telvantis Inc., (OTC: RDAR) is a U.S.-based telecommunications company delivering advanced solutions to operators, enterprises, and network providers worldwide. Through its recent acquisitions of operations in the U.S. and Ireland, Telvantis has strategically expanded its portfolio to encompass cutting-edge 5G technologies, cloud-based communications platforms, and enterprise-grade services. This expansion, combined with a forward-thinking approach, positions Telvantis for accelerated growth and market leadership in the evolving telecommunications landscape. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis' current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations contact Telvantis Inc. 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected] View the original release on
Associated Press
13-06-2025
- Business
- Associated Press
RDAR Announces Filing of Corporate Name Change to Telvantis, Inc.
NEW YORK, NY - June 13, 2025 ( NEWMEDIAWIRE ) - Telvantis, Inc., formerly Raadr, Inc. (OTC: $RDAR) ('Telvantis' or the 'Company'), today announced that, after Board and Majority Shareholder approval, it has filed an amendment changing its corporate name to 'Telvantis, Inc.' The Company has already initiated the required FINRA Corporate Action submission to obtain market implementation of the corporate name change, as well as a change in ticker symbol. The Company is unable to predict the completion date of the FINRA Corporate Action process. 'We are pleased to get the corporate name change done and FINRA process started,' said Daniel Contreras, CEO of Telvantis. 'As we continue to progress on the corporate side of things, we remain extremely optimistic about our operating results and the exciting acquisition opportunities that we are working towards, including our previously announced MOU with Fortytwo.' About Telvantis, Inc. The Company changed its corporate name from Raadr, Inc. to Telvantis, Inc., effective June 10, 2025. Telvantis, Inc. (OTC: $RDAR) is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, Telvantis is executing its strategy to become a leader in the communications technology space. The company is headquartered in Miami Beach, FL. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis' current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations contact Telvantis Inc. 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected]
Associated Press
28-05-2025
- Business
- Associated Press
Raadr Inc., Doing Business as Telvantis, Schedules Virtual Investor Call to Review Q1 25, Strategic Milestones and Future Outlook
NEW YORK, NY - May 28, 2025 ( NEWMEDIAWIRE ) - Raadr Inc. (OTC: RDAR), doing business as Telvantis ('Telvantis' or the 'Company'), a leading technology-driven telecommunications and enterprise solutions provider, today announced details of its upcoming virtual investor call scheduled for Monday, June 2, 2025, at 4:30 PM Eastern Time. This virtual meeting will provide investors with key insights into Telvantis' first quarter performance, recent strategic initiatives, significant financial achievements, and detailed plans for future growth. Telvantis leadership will deliver an informative update, followed by a dedicated question-and-answer session. Investors not yet registered for the Ambassador Program can sign up here: Upon registration, attendees will receive a confirmation email with instructions on how to join the meeting. Investors are encouraged to register early to secure their spot and may submit questions in advance by emailing [email protected] with the subject line 'Investor Call Question' by May 30, 2025. 'Transparent communication with our shareholders and investors is paramount at Telvantis,' said Daniel Contreras, CEO of Telvantis. 'We look forward to sharing tangible progress on our strategic initiatives, highlighting our recent achievements, and outlining our roadmap for continued growth. This meeting is a great opportunity to engage directly with our investors, address their questions, and reaffirm our commitment to long-term shareholder value.' Event Details: About Telvantis Raadr Inc., doing business as Telvantis (OTC: RDAR), is a U.S.-based telecommunications company delivering advanced solutions to operators, enterprises, and network providers worldwide. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis provides robust, high-volume messaging, voice, and digital communication services. With a strong presence and expanding partnerships in fintech, healthcare, and e-commerce, Telvantis is strategically positioned for continued growth and leadership in the evolving telecommunications market. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect the Company's current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law Investor relations contact Raadr Inc., doing business as Telvantis, 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected] Website: View the original release on
Associated Press
19-05-2025
- Business
- Associated Press
Raadr Inc., Doing Business as Telvantis, Announces $1.4 Million Reduction in Note Obligation
NEW YORK - May 19, 2025 ( NEWMEDIAWIRE ) - Raadr Inc. (OTC: $RDAR), doing business as Telvantis ('Telvantis' or the 'Company'), today announced that it and JanBella Group, LLC ('JanBella') have agreed to amend the Company's note obligation to JanBella to a total of $400,000 - the original note had a principal amount of $540,000 and an additional $1,260,000 in conditional obligations, including an 18-month 10% 'fee tail' obligation on certain future funding. The revised $400,000 note balance is payable in four monthly installments, with the first payment having already been made by the Company. 'The increasing strength of our business operations has enabled us to take this decisive action, which, together with our previously announced share buyback program, delivers both short-term and long-term benefits,' said Daniel Contreras, CEO of Telvantis. 'Each of these actions, in their own way, creates meaningful long-term value for our shareholders,' Mr. Contreras added. 'We constantly seek to allocate our available cash where it offers attractive returns, and our ability to dramatically reduce our future obligations to JanBella was an opportunity that magnifies our ability and, importantly, our willingness to strike at the right time,' said Daniel Gilcher, CFO of Telvantis. Mr. Gilcher extended his comments by expressing the Company's gratitude to JanBella for working toward a mutually beneficial outcome. About Telvantis Raadr Inc., doing business as Telvantis (OTC: $RDAR), is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, Telvantis is executing its strategy to become a leader in the communications technology space. The company is headquartered in Miami Beach, FL. Forward-looking Statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis' current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations Contact Raadr Inc., doing business as Telvantis, 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected] Website: LinkedIn: Telvantis Twitter/X: @Telvantis View the original release on
Yahoo
17-05-2025
- Science
- Yahoo
Archaeologists Have Found Evidence of a Drug Room and ‘Snuff Tubes' at an Ancient Site in Peru
Archaeologists have discovered evidence of psychedelic drug use and 'snuff tubes" in a previously sealed-off room at an ancient site in Peru The researchers found the room at Chavín de Huántar, a major archaeological site in the Peruvian highlands constructed by the Chavín, a pre-Incan culture that flourished between 900 and 200 B.C. The small size of the room has led archaeologists to hypothesize that only a few Chavín elite were allowed to partake in the ritualistic drug useArchaeologists have discovered evidence of psychedelic drug use and 'snuff tubes" in a formally sealed-off chamber at an ancient site in Peru, according to a new study. The study, published in the peer-reviewed journal PNAS, states that the previously unknown chamber was discovered at Chavín de Huántar, an archaeological site in the Peruvian highlands constructed by the Chavín, a major pre-Incan culture that thrived between 900 and 200 B.C. The room was found to contain 23 artifacts 'associated with consumption of psychoactive plants' — including hollowed-out bird bones thought to be used as 'snuff tubes.' Further micro-botanical and chemical analyses confirmed traces of 'psychoactive plants" — also known as hallucinogens — and six of them specifically contained traces of tobacco and DMT, a drug commonly found in ayahuasca. The study's authors note that while Chavín rituals involving hallucinogenic drugs have 'long been hypothesized,' this is the first time these substances have been directly identified at the site. "The tubes are analogous to the rolled-up bills that high-rollers snort cocaine through in the movies," Daniel Contreras, an archaeologist at the University of Florida, told Live Science. "The tubes would have been used — we think — as inhalers for taking the snuff through the nose,' he added. Chavín de Huántar, located in the Peruvian highlands, was a center for ritual activity, according to the outlet. The large complex is made up of stone structures built around open plazas, and as additional structures were added over time, several rooms became interior spaces — which is how the room containing the 23 artifacts became hidden. In a statement to CBS News, Contreras further noted that the small size of the interior rooms — which could only hold a few people at a time — could indicate that drug use was used to reinforce social hierarchy, and that perhaps only an elite class was allowed to partake. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. "This is compelling evidence that psychoactive plants were part of formalized and tightly-controlled rituals rather than individual vision-quests or shamanic healing practices," Contreras told the outlet. "As such, they seem to have been an important element in the long-term transition from small egalitarian societies to large stratified ones, where social, political, and economic inequality were thought of as normal and to be expected rather than unusual," he added. Read the original article on People
