[MasterBlastr]

Psychotic. But he will do anything to save his baby.

[Bubae]

Two snapshots to give everyone an idea of how quickly and how much in conversions Jason has piled on since the beginning of the year.

[Bubae]

Another NASDAQ up-list reason for the split and just like last time not a stinking chance in he77. LOL When does this trash start trading again and will traders step up and donate for a fourth time. It took almost a year to go from North of $10 to $0.02 this last time. I wager that is will take much, much less time this go around.

Look at at all the convertible debt stacked up in the restricted shares and all the form 4s the past year or so by the CFO and Jason waiting to cash in. Not to mention the deals for the most recent worthless software that needs to be paid for. There is also a new filing for another offering yet to be priced.

If you plan to buy this stock why would you not just mail a check to Jason directly, you will feel much better about yourself by not being duped.


Reverse Split 8K September 20th 2023
Date of Report (Date of earliest event reported): September 14, 2023
https://www.otcmarkets.com/filing/html?id=16940264&guid=yeg-k69wzoiqJth

Reason for the Reverse Stock Split

The Reverse Stock Split was effected to enable the Company to expeditiously meet the minimum price per share requirement for listing on The Nasdaq Capital Market, to which the Company has submitted an application to list its common stock and warrants.


Reverse Split 8K March 11 2022

Date of Report (Date of earliest event reported): January 6, 2022
https://www.otcmarkets.com/filing/html?id=15653048&guid=CKg-kHKnD2dfJth

Reason for the Reverse Stock Split
The Reverse Stock Split was effected to enable the Company to expeditiously meet the minimum price per share requirement for listing on The Nasdaq Capital Market, to which the Company has submitted an application to list its common stock and warrants.

[Slojab]

Saw this on OTC Updates and had to smile.

The Company believes that it is a leader in data security and privacy management, providing solutions for All Things Data Security®, across the enterprise and in the cloud.

I don't know what leads them to believe that, looking at their financials.

Only 102,848 shares outstanding after it's 4th R/S in 5 years.

[Heywood4164]

This ceo is a criminal, total share selling scam

[splintered sunlight]

Really appreciate it - thank you.

Perhaps in the trips.....

GLTU

[Bubae]

Not in my opinion. Jason has a new offering in the works and if you go back through the quarterly filings you can see the very many notes for the past six months or so that are waiting to convert. Like last year, Jason starts high and works it down maintaining control of the selling. Those holding will simply watch their positions deteriorate to the point where they become hopeless. This has been a share selling scam for years. Jason buys products that never found their place in the market for the purpose of promoting the sale of shares. He is very good at it and I have no doubt he will once again rob new traders of this stock.

[splintered sunlight]

Brand new to this one - haven't done my DD yet.

Is there a price where this starts to become interesting?

Thanks

[Bubae]

Long time watchers knew that Jason was due. Now he has a new offering filed yet to be priced, and a ton of other notes represented by the huge number of restricted shares relative to the OS. Last year the split repriced North of $10 sold off to .02 in less than a year. This time with the huge holdings at .02 I'm hoping that it sells off to $5 in weeks if not days. Holders may as well go ahead and take their losses early because we all know that Jason will be selling it down and leaving little hope for retail flipping. In fact it wouldn't surprise me if Jason plays the short end as well. You would think this game would eventually fail buy Jason always manages to find buyers somewhere.

[Sergee10]

Nope absolutely no notice whatsoever on any of the social platforms that they are using. Luckily I stumbled upon this website to see the volume breakdown of todays activity and then noticed the most recent comments . He’s pulling another one without giving any advance notice to the shareholders. Pos true piece of work . Pathetic human being

[Bubae]

Nice Volume day at .02 for a reverse split notice. I guess many didn't get the memo.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Bubae]

Nice find, Jason is such a scum bag. He was sneaky with the last announcement also. What do traders have to look forward to once again? Yep, massive post split dilution. Some will still roll the dice here and Jason counts on it.

[Renee]

ATDS: effective Sept. 20, 2023 a one for 600 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Bubae]

You have to hand it to Jason, he is a master of raising funds from shares. Another offering filing on the 25th. Who is buying into these offerings that must be unloaded at some point on retail traders. I'm thinking that he can't be anywhere near converting the $931K reg "D" shares repriced at .02. He may just start repricing them again to get them cleared out quickly. There apparently is no shortage of those who believe they are picking up bargains here. Fools and their money are easy marks for a predator like Jason. Nice business model if you can continue to get retail to step up and buy. Surely this new offering signals another reverse split.


Form S-1/A August 25th
https://www.otcmarkets.com/filing/html?id=16888858&guid=4kg-knYSq3IpJth

[Bubae]

Jason release his 10K at the end of February. Now six months to the day we get an amended annual report for 2022?

[Birch69696969]

Yes he is

[Bubae]

Jason is still struggling to get those regulation "D" shares sold at .02. He is certainly being patient. It will take a very long time at this pace.

Bubae
Wednesday, April 19, 2023 2:33:32 PM
Post# 112573

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171725714

[Bubae]

Slow but sure. Looks like another 2 million new shares last month. Jason is doing a good job keeping the price range tight at .02 and not allowing any profit taking by retail. Soak up what volume is available I guess, but it will be a very slow trudge getting the tens of millions of regulation "D" shares priced at .02 into the market. How patient will he be?

[Bubae]

Another 8K was filed July 24th outlining new convertible debt deals for more than $1.5 million. He also amended another agreement awarding warrants for 25 million shares at $0.001 a share, exercisable at any time. I honestly can not image what Jason is telling these new investors to have them believe that they can convert those notes. Yet again, I never appreciated how gullible OTC traders can be until I saw how Jason took them for a ride down from north of $10 in the past year.



July 24th 8K
https://www.otcmarkets.com/filing/html?id=16806288&guid=m-N-knSkhmczB3h

Item 1.01 Entry Into a Material Definitive Agreement.


Securities Purchase Agreements

On June 30, 2023, Data443 Risk Mitigation, Inc. (the “Company”) entered into a securities purchase agreement (“Purchase Agreement #1”) with an accredited investor as purchaser (“Investor #1”). Pursuant to Purchase Agreement #1, the Company sold, and Investor #1 purchased, $812,500.00 in principal amount of secured convertible notes (the “Investor #1 Notes”) and pre-funded warrants (the “Investor #1 Warrants”).


Also on June 30, 2023, the Company entered into a second securities purchase agreement...

...the Company sold, and Investor #2 purchased, $718,750.00 in principal amount of secured convertible notes...


As consideration for entering into the Amendment, the Company granted to the Previous Investor warrants to purchase 25,000,000 shares of Common Stock (the “Previous Investor Warrants”). The Previous Investor Warrants have an exercise price of $0.001, are exercisable at any time, and entitle the Previous Investor to purchase up to 25,000,000 shares of Common Stock, subject to adjustment under certain circumstances described in the Previous Investor Warrants.

[Sergee10]

Hell Jason has already made more than enough money off the backs of the shareholders. And with his so called giving his own business money and getting twice in return . He’s got no future left in siphoning the shareholders equity . Since no one is investing in him and his company any longer . Absolutely no interest from retail investors . He’s lied 10 too many times already

[carusso]

The answer seems to lie in part in the 8K I just now saw, dated 7/24/2023. He got a bundle of $$ for giving away shares at .005, and such a Hyaena deserves the fate of hyaenas.

[Bubae]

With tens of millions of regulation "D" shares left you have to wonder how long Jason is willing to wait. At this rate it will take forever to convert at .02. I also have to wonder what he is telling his new investors because he needs to write notes every month. How does he continue to find these investors of convertible notes? There should be a six month holding period for these shares so it looks like many from the past year will need to wait for the reverse split.


For the quarterly period ended March 31, 2023
https://www.otcmarkets.com/filing/html?id=16655167&guid=mFD-k6UER57qJth

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

During the three months ended March 31, 2023, we issued shares of our common stock as follows, pursuant to exemption from registration pursuant to Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder:

> On January 4, 2023, we issued 97,761 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $15,000 in note payable principal and $1,384 of accrued interest.

> On January 9, 2023, we issued 83,333 shares of Common Stock to Westland Properties, LLC pursuant to an agreement with Westland Properties, LLC, in exchange for $15,000 in note payable principal.

> On January 16, 2023, we issued 139,557 shares of Common Stock to Root Ventures, LLC pursuant to an agreement with Root Ventures, LLC, in exchange for $23,027 in note payable principal.

> On January 19, 2023, we issued 139,500 shares of Common Stock to Fast Capital LLC pursuant to an agreement with Fast Capital LLC, in exchange for $20,000 in note payable principal.

> On January 20, 2023, we issued 122,248 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $16,000 in note payable principal and $1,524 of accrued interest.

> On January 25, 2023, we issued 111,773 shares of Common Stock to Westland Properties, LLC pursuant to an agreement with Westland Properties, LLC, in exchange for $15,000 in note payable principal.

> On February 1, 2023, we issued 165,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $13,023 in note payable principal and $10,792 of accrued interest.

> On February 6, 2023, we issued 118,858 shares of Common Stock to Westland Properties, LLC pursuant to an agreement with Westland Properties, LLC, in exchange for $15,000 in note payable principal.

> On February 17, 2023, we issued 179,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $21,638 in note payable principal and $4,197 of accrued interest.

> On February 21, 2023, we issued 174,539 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $6,900 in note payable principal and $638 of accrued interest.

> On February 21, 2023, we issued 179,325 shares of Common Stock to Root Ventures, LLC pursuant to an agreement with Root Ventures, LLC, in exchange for $7,711 in note payable principal.

> On February 23, 2023, we issued 192,702 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $5,200 in note payable principal and $503 of accrued interest.

> On February 23, 2023, we issued 200,674 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $5,600 in note payable principal and $521 of accrued interest.

> On February 28, 2023, we issued 179,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $356 in note payable principal and $1,434 of accrued interest.

> On February 28, 2023, we issued 216,390 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,800 in note payable principal and $358 of accrued interest.

> On March 2, 2023, we issued 245,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $2,020 in note payable principal and $430 of accrued interest.

> On March 3, 2023, we issued 220,139 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $2,900 in note payable principal and $471 of accrued interest.

> On March 3, 2023, we issued 235,992 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,300 in note payable principal and $313 of accrued interest.

> On March 7, 2023, we issued 273,081 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,800 in note payable principal and $364 of accrued interest.

> On March 9, 2023, we issued 245,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $2,205 in note payable principal and $997 of accrued interest.

> On March 10, 2023, we issued 302,030 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $4,200 in note payable principal and $406 of accrued interest.

> On March 23, 2023, we issued 310,125 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $4,300 in note payable principal and $429 of accrued interest.

[Sergee10]

I spoke with some of the folks at triton funds back a couple of years ago and they said that the uplisting made no sense in their opinion and that these otc CEOs would run over their parents for 5 dollars . They also didn’t purchase the entirety of the common stock. Also triton is run by these college students who’ve received money from their parents to use it for their business purposes and honestly were not the smartest people to begin with. But regardless of that they still knew that it made no sense for Jason or the company to attempt an uplisting without any of the requirements that the company would need to attempt an uplisting . Jason is just using this as a share selling scheme for his own personal use and nothing more. He spends money on nonexistent positions such as IR rep and companies to help with the social media and marketing campaigns for the company have all been futile .

[Sergee10]

Thank you 🙏 for pointing out the same problematic issue that I’ve had for quite some time now. If this were a spac company then it would make some sense ; in regards to the acquisitions . But this isn’t the case with Atds and especially for Jason. To even attempt to build up the product lines by acquisitions while still having no luck or success with the existing product lines is beyond ridiculous . And then Jason’s so called lending money to pay off a percentage of debt and receiving double the amount that was initially borrowed from the Ceo is completely unethical and unacceptable . He’s a complete liar and a failure at his job. And yet he receives bonuses from the useless software he created and then purchased it under the companies product line for well over a million dollars is a head scratcher

[carusso]

Thanks. Though it’s quite appalling, I could add a few tickers to that list…. GTEH, ZRFY, possibly EPAZ… to name a few

[Bubae]

It is remarkable that it is perfectly legal to create an online business who's purpose is to steal as long as you comply with the SEC filing requirements. It is clear that the business model here is to sell shares since Jason hasn't created anything that contributes to shareholder value since conception. While real software companies in this space have evolved to experiment with AI, Jason simply continues to purchase products from others that have failed to find their market. Even after the massive dilution and price drop from north of $10, they would have us believe that they needed to borrow funds from Jason for expenses then repay him at a 100% premium. How does that not violate typical usury laws. This is arguably the scummiest ticker in the OTC.


For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16432850&guid=NYA-kq6Mr6aUAch

NOTE 16: RELATED PARTY TRANSACTIONS

During the year ended December 31, 2022, the Company borrowed $299,281 from our CEO, our CEO paid operating expenses of $167,653 on behalf of the Company and the Company repaid $602,237 to our CEO. During the year ended December 31, 2021, the Company borrowed $231,150 from our CEO, our CEO paid operating expenses of $135,793 on behalf of the Company and the Company repaid $399,169 to our CEO.

[carusso]

Scum bags

[Bubae]

He has plenty of tools at his disposal and traders will continue to buy if they think they can time it for a flip. If he can issue more shares to bring the regulation "D" offering price down from $1 to a couple of pennies he could certainly do it again. He had 39 investors that offering totaling $931K. He needs new cash all the time so I wonder how patient he will be watching this go day in and day out at .02 converting very little of that offering. He has a ton of paper waiting to convert at much higher prices that will certainly need another split here.

Jason did a deal with Triton Funds at the beginning of 2021 for $1 million. The price per share was .006.


For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16432850&guid=gFA-k6fu0R9DB3h

Between August 25, 2022, and November 7, 2022, we sold 931,000 shares of Common Stock to 39 accredited investors in a private placement offering, in exchange for $931,000.

Form 8K
https://www.otcmarkets.com/filing/html?id=16510566&guid=NiA-kq-5bLW3Qth

... we offered and sold to the Investors a total of 931,000 shares of our common stock, par value $0.001 (the “Common Stock”), at a purchase price of $1.00 per share, for aggregate gross proceeds of approximately $931,000....

On March 17, 2023, we amended the terms of the Original SPA (as amended, the “Amended SPA”). Under the Amended SPA, the number of shares received by each Investor will be multiplied by 50.


For the fiscal year ended December 31, 2020
https://www.otcmarkets.com/filing/html?id=14820407&guid=Wd4-kF9quVGAB3h

On December 11, 2020, the Company entered into a Common Stock Purchase Agreement (“CSPA”) with Triton Funds, LP, a Delaware limited partnership (“Triton”), an unrelated third party. Triton agreed to invest $1 million in the Company in the form of common stock purchases. Subject to the terms and conditions set forth in the CSPA, the Company agreed to sell to Triton common shares of the Company having an aggregate value of One Million Dollars ($1,000,000). The price of the shares to be sold will be $0.006 per shares. Triton’s obligation to purchase securities is conditioned on certain factors including, but not limited, to the Company having an effective registration available for resale of the securities being purchased; a minimum closing price of $0.009 per share for the Company’s common stock on the delivery date for the shares; and, Triton’s ownership not exceeding 9.9% of the issued and outstanding shares of the Company at any time. The Company filed a registration statement on Form S-1 with the SEC on December 28, 2020. The S-1 was declared effective by the SEC as of January 26, 2021.

[carusso]

Looks like he’s left to play with himself now…. The Trust is Gone.

[carusso]

Saw that, too. July 6 date, most recently.

[Bubae]

Looks like the Jason and the CFO are dishing out more shares for themselves. That would be 10 form 4s in less than a year now. Those tens of millions of reg D offering shares that got repriced from $1 to .02 may need another reset to continue selling at this point. Jason pretty much tells everyone that they are making donations here but it makes not difference. I can say that I have never seen anything like it in the OTC. I think Jason could shoot shareholders in the street for buying his shares and others would still buy. LOL

Remillard Jason L M Options to Purchase Common Stock
https://www.otcmarkets.com/filing/html?id=16778862&guid=XQD-kpfUcdK-B3h

McCraw Greg Options to Purchase Common Stock
https://www.otcmarkets.com/filing/html?id=16778853&guid=XQD-kpfUcdK-B3h

[ATDS FB CULT]

Im fairly confident that jason and Bennett Purcell are having a sexual relationship

Just look at their 'leadership' pictures

I'm pretty confident that 'the 2 have become one'

[Bubae]

What a difference a month makes. Look at that share count. LOL Tens of million of regulation "D" shares repriced at .02 need to hit the market yet. Buyer beware. If you already bought, sorry for your loss.

[Majobuki]

I'm sure an RS will be coming soon enough.

[carusso]

Nauseating, this ATDS…

[Sergee10]

Haha at least the tool has stopped trying to push the Uplisting narrative. Everything he does has some amount of arrogance in it. His failures seem to have the opposite effect on him . Lenders aren’t issuing loans these days in the otc markets let alone to a company that is at a state of illiquidity . I wouldn’t be surprised if the undisclosed private investor is Jason .

[Bubae]

The word hubris comes to mind. He is just simply robbing traders and he has more tools to keep it going to get those 46.5 million regulation "D" shares sold at .02. The outstanding share count increase suggests to me that he may be ready to issue even more shares to those holders than before to get the price down even more. One message appears certain, If someone buys the stock they are simply throwing their money away. Those who may consider buying shouldn't get teased by a low share count because Jason split this with only 1 million outstanding shares the last time.

[Birch69696969]

He’s good at selling shares for money. And he won’t be in prison for any crimes.

[Bubae]

New 8K out dated May 26th. Apparently Jason needs more room for the massive dilution in the pipe line or a prelude for another repricing of the shares currently committed for debt. The authorized share count has been increased from 125 million to 500 million. The way he is rolling out shares that might be enough. LOL For those who may be tempted by the relatively low share count. They have tens of millions of regulation "D" shares repriced at .02 per the March 23rd 8K waiting to get into the market. Also remember that Jason split this stock the last time with only 1 million shares outstanding.


8K Filing May 26 2023
https://www.otcmarkets.com/filing/html?id=16690118&guid=_1T-knRCUJRXB3h

On May 25, 2023, Data443 Risk Mitigation, Inc., a Nevada corporation (the “Company”) filed a Certificate of Change (the “Certificate of Change”) with the Secretary of State of the State of Nevada to amend its Articles of Incorporation to increase the number of authorized shares of common stock, par value $0.001 per share, to 500,000,000 shares.

[carusso]

You have a keen eye.

[carusso]

I’m surprised the bankruptcy court allows this

[Bubae]

Jason has issued so many shares that these deals are fairly meaningless for traders. Whatever volume is generated by the many press releases will be soaked up by the share conversions in place. This has been Jason's routine for years. Acquisition news to generate some volume and space from which to sell into the bid. The filings show the shares issued just the month of March listed below and has been doing this every month.

The March 23rd 8K filing turned the regulation "D" offering that is now vested from $1 a share to $.02 a share. That is in excess of 46 million shares that needs to be converted to cover nearly $1 million. This is just a bottomless pit of share conversions that is a trap for any retail that plays with it in my opinion.

Looking at the relatively small amounts raised on each transaction for March you have to wonder how bad the cash flow situation is. This is how you go from more than $10 a share to a 52 week low of .025 in less than a year after the 3rd split in less than 3 years..



For the quarterly period ended March 31, 2023
https://www.otcmarkets.com/filing/html?id=16655167&guid=_Zu-kK05OdBTB3h

On March 2, 2023, we issued 245,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $2,020 in note payable principal and $430 of accrued interest.

On March 3, 2023, we issued 220,139 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $2,900 in note payable principal and $471 of accrued interest.

On March 3, 2023, we issued 235,992 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,300 in note payable principal and $313 of accrued interest.

On March 7, 2023, we issued 273,081 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,800 in note payable principal and $364 of accrued interest.

On March 9, 2023, we issued 245,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $2,205 in note payable principal and $997 of accrued interest.

On March 10, 2023, we issued 302,030 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $4,200 in note payable principal and $406 of accrued interest.

On March 23, 2023, we issued 310,125 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $4,300 in note payable principal and $429 of accrued interest.