Telvantis Inc. (OTC: $RDAR) has successfully settled its note balance with JanBella Group, LLC, the former controlling shareholder of RDAR, marking the conclusion of all financial obligations tied to the acquisition of RDAR by Mexedia SPA last year. Daniel Contreras, CEO of Telvantis, emphasized the significance of this settlement as a positive progression for the company, particularly in light of its recent binding LOI to acquire AmeriCrew and notable commercial advancements anticipated by June 2025.
Daniel Gilcher, CFO of Telvantis, reflected on this achievement as a clear indicator of the company's commitment to its shareholders and its strategic direction. Gilcher also recognized JanBella's cooperation in achieving an agreement that benefits both parties. This financial resolution is viewed as a critical juncture for Telvantis, paving the way for the company to concentrate on its ambition to dominate the communications technology sector. This ambition is supported by Telvantis's proprietary CPaaS capabilities and its growing collaborations across key industries such as fintech, healthcare, and e-commerce.
