Over the course of this month a number of companies have come on to the radars of investors for one reason or another and one of them is the United States based telecom company RAADR Inc (OTC: RDAR). The company was in the news cycle back on February 6 when it made a key new announcement. Let’s take a closer look.
Key Development
The company announced at the time that it had made a major step towards having its shares uplifted to a significant national exchange like the New York Stock Exchange or NASDAQ, by engaging the services of HTL International LLC. In the news release, the company announced that HTL was a PCOAB registered and full service accounting firm, which would help RAADR in completing its necessary audits. The company also stated that the development demonstrated its continued commitment to financial reporting, compliance and transparency.
Further Information
It was also noted that HTL had been selected by RAADR due to the former’s considerable experience and a track record of excellence in providing accounting services to public as well as private companies. Additionally, the firm had also shown great prowess in helping companies with the complex uplisting process.
CEO Quote
“We are pleased to partner with HTL, a firm with a strong reputation for excellence and a deep understanding of the complexities of U.S. and international financial reporting,” said Daniel Gilcher, CFO of the Company. “Their expertise will be invaluable as we prepare for an uplisting to a national exchange and continue to execute our strategic growth plan. This audit demonstrates our unwavering commitment to transparency and accountability to all our stakeholders.”
Technicals
| +/- EMA(20) | 0.0009 (-11.11%) |
| +/- SMA(50) | 0.0012 (-33.33%) |
| +/- SMA(200) | 0.0006 (+33.33%) |
| 5-Day Perf. | +33.33% |
| 1-Month Perf. | -33.33% |
| 3-Month Perf. | +33.33% |
| 6-Month Perf. | +700% |
| YTD Perf. | -50% |
| 1-Year Perf. | +33.33% |
| RSI(14) | 43.38 |
| ATR(14) | – |
| ADX(14) | 14.56 |
| Beta (5Y) | 13.65 |
