Raadr Inc (OTCMKTS:RDAR) was a massive mover during Thursday’s trading session, surging by 39% on heavy volumes, which were 3 times the daily average. The stock has been trending lower ever since it broke the support at $0.200 but is showing signs of forming a support near levels of $0.072. Raadr Inc currently trends below all moving averages, which is bearish. The indicator measuring relative strength continues to trend higher indicative of the strong buying interest. The oscillator for momentum is showing first signs of strong bullish reversal. Traders see the stock heading to levels of $0.125 in the coming sessions.
Raadr Inc (OTCMKTS:RDAR) announced that it would retain i-Business Management for executing investors relations and brand management related activities. As per the reports, this decision will allow Raadr Inc. to shift its focus back to sales and business development.
Management Team Response
Management teams of both the companies are delighted to carry forward this relation and hope that they will live up to each others’ expectations. According to Joshua Slate, Technical Writer, i-Business Management, the primary objective of i-Business is to improve the existing communication channels of Raadr and take them to all new heights in the future.
The well-organized communication with consumers, shareholders and stakeholders play a critical role in the long-term, and i-Business is fully-committed to ensure that Raadr can have that strategic advantage. i- Business team looks forward to taking many steps to enhance the audience base of the company. Different online and offline campaign have been proposed, execution of which will take place soon.
According to Teresa Misenheimer, President, i- Business, SaaS or Software as a Service market was worth $23.88 billion in 2014 and is expected to grow at a whopping 27.9% CAGR between 2015 and 2022. This is one of the fastest growing and most exciting industries to run operations at this moment. i-Business is excited to associate with Raadr and help it explore the industry in the best way possible.
The marketing initiative at Raadr will start with forming many strategic partnerships focusing on keeping family ahead of everything. Misenheimer further added that Raadr is one of the prestigious firms in the nation, and i-Business is delighted to have got this chance to strengthen its relation with Raadr. Raadr’s excellent product range, intelligent management team and willingness to keep abreast with what’s happening in the market gives it an edge over others. Both the companies will keep customers informed about the future initiatives.