Telvantis Inc (OTC: RDAR), formerly Raadr, Inc., is a mobile software company that developed RAADR, a proprietary application for monitoring social media activity online. The company generates no revenue from its principal operations, reporting $0 in revenues for the fiscal year ended December 31, 2015, down from $82,055 in fiscal year 2014. That prior revenue came from social media marketing services sold through its wholly owned subsidiary Choice One Mobile, which was shut down during fiscal year 2015. The company was originally incorporated in Nevada on March 29, 2006 as White Dental Supply, Inc., renamed PITOOEY!, Inc. in February 2013, and then renamed Raadr, Inc. on July 29, 2015. As of the 10-K filed April 14, 2016, the company had no active sales, a fully reserved deferred tax asset of $2,191,606, and total debt of $1,280,019, all classified as current. The company is headquartered at 2432 West Peoria Ave, Suite 1346, Phoenix, AZ 85029.

Revenue model

No revenue was generated from principal operations in fiscal year 2015. Prior revenue came from social media marketing services sold through Choice One Mobile, a subsidiary that was subsequently shut down. The RAADR application is the intended commercial product, but no revenue model details are disclosed in the filing.

Products and services

RAADR: a proprietary software application and platform at www.raadr.com that enables parents and individuals to monitor children's social media activity and guard against online bullying. Previously offered social media marketing services through Choice One Mobile (discontinued in fiscal year 2015).

Customers and end markets

Target end users are parents, guardians, and individuals seeking to monitor social media activity for child safety purposes. No customer counts, contracts, or revenue concentration data are disclosed in the filing.

Value-chain role

Software developer and mobile application developer. The company positions itself as a builder and acquirer of apps and related products to serve mobile app development needs of small businesses and individuals.

Geographic exposure

Incorporated in Nevada; headquartered in Phoenix, Arizona. No international operations are disclosed in the filing.

Source: SEC 10-K, filed 2016-04-14

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