{"id":453692,"date":"2021-03-09T08:33:23","date_gmt":"2021-03-09T13:33:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=453692"},"modified":"2021-03-09T08:33:23","modified_gmt":"2021-03-09T13:33:23","slug":"raadr-to-settle-debt-with-lender-typenex-co-investment-llc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/raadr-to-settle-debt-with-lender-typenex-co-investment-llc\/","title":{"rendered":"RAADR to Settle Debt With Lender Typenex Co-Investment, LLC"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n PHOENIX<\/span>, March 9, 2021<\/span> \/PRNewswire\/ — RAADR, Inc. (OTC PINK: RDAR\u00a0or the “Company”), a technology and software development company that monitors cyber-bullying and social media platforms with artificial intelligence\u00a0is pleased to announce it has reached a settlement agreement with one of the previous lender’s\u00a0Typenex Co- Investment, LLC\u00a0(“Typenex”).<\/p>\n

The Company previously sold and issued Typenex a promissory note on November 23, 2015<\/span> (the “Promissory Note”) for an original principal amount of $280,000.00<\/span> pursuant to a Securities Purchase Agreement between both companies\u00a0dated November 23, 2015<\/span> (the “Purchase Agreement”).<\/p>\n

The Company and Typenex entered into a Note Settlement Agreement dated March 8, 2021<\/span> (the “Settlement Agreement”) to completely settle the obligations owed under the Promissory Note and the Purchase Agreement.<\/p>\n

Pursuant to the Settlement Agreement, Typenex has given the Company a conversion notice whereby the Company is required to issue to Typenex Eighty-Eight Million (88,000,000) shares of the Company’s common stock in full settlement of the Promissory Note.<\/p>\n

“It is my goal to eliminate the old convertible debt in RAADR this year! Announcing this settlement agreement is a perfect example of that! We will continue to negotiate with the Company’s lenders to eliminate debt,” says CEO Jacob DiMartino<\/span>.<\/p>\n

Contact: Jacob Dimartino<\/span>, jacob.d@raadr.com<\/a><\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/raadr-to-settle-debt-with-lender-typenex-co-investment-llc-301242818.html<\/a><\/p>\n

SOURCE RAADR, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire PHOENIX, March 9, 2021 \/PRNewswire\/ — RAADR, Inc. (OTC PINK: RDAR\u00a0or the “Company”), a technology and software development company that monitors cyber-bullying and social media platforms with artificial intelligence\u00a0is pleased to announce it has reached a settlement agreement with one of the previous lender’s\u00a0Typenex Co- Investment, LLC\u00a0(“Typenex”). The Company previously sold and issued Typenex a promissory note on November 23, 2015 (the “Promissory Note”) for an original principal amount of $280,000.00 pursuant to a Securities Purchase Agreement between both companies\u00a0dated November 23, 2015 (the “Purchase Agreement”). The Company and Typenex entered into a Note Settlement Agreement dated March 8, 2021 (the “Settlement Agreement”) to completely settle the obligations owed under the Promissory Note and the Purchase Agreement. Pursuant … <\/p>\n

Continue reading “RAADR to Settle Debt With Lender Typenex Co-Investment, LLC”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-453692","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRAADR to Settle Debt With Lender Typenex Co-Investment, LLC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/raadr-to-settle-debt-with-lender-typenex-co-investment-llc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RAADR to Settle Debt With Lender Typenex Co-Investment, LLC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHOENIX, March 9, 2021 \/PRNewswire\/ — RAADR, Inc. (OTC PINK: RDAR\u00a0or the “Company”), a technology and software development company that monitors cyber-bullying and social media platforms with artificial intelligence\u00a0is pleased to announce it has reached a settlement agreement with one of the previous lender’s\u00a0Typenex Co- Investment, LLC\u00a0(“Typenex”). The Company previously sold and issued Typenex a promissory note on November 23, 2015 (the “Promissory Note”) for an original principal amount of $280,000.00 pursuant to a Securities Purchase Agreement between both companies\u00a0dated November 23, 2015 (the “Purchase Agreement”). The Company and Typenex entered into a Note Settlement Agreement dated March 8, 2021 (the “Settlement Agreement”) to completely settle the obligations owed under the Promissory Note and the Purchase Agreement. 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