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Yep. This guy likes to “SURPRISE!” Investors...
Doesn’t he...
No problem, I understand your frustration and disappointment about the CEO thug and other thugs inside ATDS..!. My breakout alert is not about Fundamentals or how a company is run (in that area, I agree with many of you on the board and I have it cleared in my last message saying "why it is a hated stock").
Please understand that this isn’t so much about the MM criminals and more about the unregistered and unlicensed lender that seems to be the sub par standards of Jason and Co. I’ve never witnessed a stock drop like this before in such a short span of time and is quite frankly fittingly to the true depth of Jason’s greed and lack of integrity. Unfortunately I think that this suppression is going to be the kiss of death for this company . That being said , it still will see some Green Day’s but nothing substantial enough to consider a bullish trend. The company has only achieved to land one contract within the last 9-10 months and this was a multi year contract that is valued at 350k . Another thing is I am somewhat confused as to what exactly the company and its management and employees are doing all day long, if they aren’t actively working on bringing in new contracts . Are they twiddling their thumbs or is Jason’s meals and snack time getting his full attention? I’ve got a feeling we will see the O/S above 4 million at the end of this month
Bullish: ATDS Breakout Imminent!.
ATDS is one of the most hated stocks among OTC/Penny Stocks, we can't blame people for hating because the CEO and people in the management fucked up shareholders many time with nefarious R/S, any company that chooses R/S has to be seriously questioned and investigated.
So why it is going to rally???: If you know how to look at the chart, go ahead check the chart: Technical basis!.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171045341
Yep and let’s think about this logically and if the companies market cap is around 470k and have nothing of value pertaining to assets . Then what brokerage firm or even an otc shady lender would provide the 10 million dollar round of financing to the company , in order for an uplisting that is never going to happen. Haha Jason knows his only option is to accept an undisclosed aka shorting options from one of the shadiest and unregistered lenders . The
Dawson James Securities, Inc. has been fined for churning and countless lawsuits filed by investors. As I’ve said the first 750k that was undisclosed was definitely because they are unregistered and unlicensed to go through the standard process and that I assumed it was a short position , and they’ve come for a second round of screwing over the shareholders. If folks aren’t aware of what shorting looks like, then look at the level 2 activity and also the past month in a half or two charts . I might file a complaint against
Dawson James Securities, Inc. and the accountant for atds for fiduciary negligence as well . Doing business with an unlicensed and unregistered company while touting their uplisting bs isn’t a great look . I love how Dawson James sec. Is located in boca raton but it’s a foreign entity and not located in any United States state.
I get it. PC Mag are cons and this company is legit. Was the comment that the company pulled the ransom ware from the market a fabrication?
The PC magizne is a ps and their reviews are often nothing but bullshit!!..
Three "Pros" and 5 C "Cons"...but if you look at carefully, it is a mumbo jumbo test bs!?.
Lets look at it:
Pros
Restores your PC to a clean, malware-free state on reboot
Exempts personal folders from being wiped
Restores files encrypted by ransomware
Cons
Failed against real-world ransomware in testing
WTF is real world testing, is there a false world or fake world testing?
Unsafe for use in virtual machines AHAHAHAHAHAHAHAHAHA
Really, who cares about Virtual machines, and why anybody listen to this virtual bullshit, we need softwares or programes that protect pcs/computers and handsets..!.. Not some virtual bullshit.
Malware can act freely until eliminated by reboot
So, what is the problem here, do not you reboot after cleaning or wiping shit.....comon pc magazine, what kind of a bs review is this?
Requires special handling for program installations and updates
Special handling, what you have to call a agency or something of that sort to handle or CDC!..
Obviously can’t tie their own shoes.
I have to say that I can't blame some who took a chance thinking that they might take advantage of a bounce with a selling pause for a recovery of price base. But he has just taken it down with what appears to be a sense of urgency. I have to wonder if some bad news may be in the next filings. Maybe someone is finally suing this guy for malpractice.
The poor rating for the $3.4 million malware may show up in the numbers soon since the article also said that the software was pulled from the market. Prospective customers of the product would likely be spooked by that kind of review which may make the other products suspect. He did the quickest reverse split last year that I ever saw so he has time to do it again and dump more shares in the next couple of months.
Most who follow this ticker understands that Jason buys products that never found their way in the market for the primary purpose of selling the stock. That $3.4 million deal for the ransomware may have finally burned Jason's biscuits. LOL
PC Magazine Ransomware Review.
https://www.pcmag.com/reviews/data443-ransomware-recovery-manager
...Unfortunately, that ransomware protection didn’t prove out in our hands-on testing...
Editors' Note: Shortly after we published this review, Data443 Ransomware Recovery Manager was pulled from the market. If it becomes available again, we will retest it and update this review accordingly.
Precisely the same person . It’s dropped 50 percent since his so called prediction and I am assuming the buyout is right around the corner haha . How much could a company be worth if its market cap is hovering around 500k and produce literally no contracts to speak of ?
Precisely the one . No one fell for the $4 and no one fell for the .40 . In a week or so since the bold prediction it’s dropped 50 percent. That’s a hell of a prediction and the buyout is next haha
The same guy who made the quote below in a post last June when it was trading over $4. This is what Jason does except this time he is boldly dumping in your face style. Hard to believe that this doesn't end in another reverse split fairly soon.
...ATDS is EXTREMELY UNDERVALUED and UNDISCOVERED and is on fire. Shares are ready to explode to over $20 and just keep going....
Also as I predicted the lender that provided absolutely no information about the price and average was a shorting position. They are making Bank
Where’s the guy who said that .40 was a steal ? Haha down 50 percent since his ever so accurate predictions
April might be about right. They keep taking it down bit by bit to get some volume. Jason has raised a bundle in the past when this was trading around a penny. It is just a matter of more shares. Remember the Triton offering at .006 which went pretty well with Jason dropping press releases nearly every week. Then came the second split. Jason is dancing in high cotton with this trading above a dime.
Triton 8K December 2020
https://www.otcmarkets.com/filing/html?id=14568802&guid=Q-2-kWOZB0I-B3h
On December 11, 2020, Data443 Risk Mitigation, Inc., a Nevada corporation (the “Company”) entered into a Common Stock Purchase Agreement (the “Purchase Agreement”) with Triton Funds LP, a Delaware limited partnership (“Triton”). Pursuant to the Purchase Agreement, subject to certain conditions set forth in the Purchase Agreement, Triton is obligated to purchase up to One Million Dollars ($1,000,000) of the Company’s common stock from time-to-time.
...The total purchase price to be paid by Triton at each closing will be determined by multiplying the number of Purchased Shares to be sold by the Company in the Purchase Notice by the purchase price per share, which is $0.006 per share. However, in no event will Triton be obligated to purchase common stock when the closing price for the Company’s common stock is less than $0.009 per share. Triton is obligated to acquire no more than an aggregate offering price of $1 million....
Is the annual reverse split happening in April this year?
See you at trips
Does anyone buying this wonder why the price doesn't increase with these well above average volume days at 52 week lows? You simply can not buy more shares, faster, than Jason can print.. Not a bad day for Jason so far with roughly $20K.
This fun to watch actually. Some just can't believe the they aren't able to catch a bottom or a bounce without realizing that there is no bottom when Jason prints. Like Lucy yanking the ball away time after time. LOL The shares that have already been issued and waiting to get into the market will likely continue to trounce the price.
Look at that 931K Regulation "D" offer at a buck last November. By the time those shares vest in May this could be trading at a penny. Fools and their money...
November 8K
https://www.otcmarkets.com/filing/html?id=16179754&guid=Nbs-kq652gd-B3h
Entry Into a Material Definitive Agreement.
On November 4, 2022, Data443 Risk Mitigation, Inc., a Nevada corporation (“we” or “our”) closed a private placement transaction (the “Offering”) with certain “accredited investors,” as defined in Rule 501(a) of Regulation D under the Securities Act of 1933...
...we entered into a securities purchase agreement (“Securities Purchase Agreement”) with each Investor pursuant to which 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...
He dumped 20,000 today
Yep after he is finished dumping the 52k shares that were issued to him , then he’ll do what he always does . Wow and that moron who said that .40 was a steal can now say that .27 is highway robbery haha . How he manages to get through each and every day knowing that he sucks at everything he does and says is beyond my comprehension.
RS is next to be announced. Same ole Jason.
That is funny. I haven't been paying attention to this ticker and missed it.
Data443’s Antivirus Protection Manager Achieves VB100 Certification
March 24, 2022 13:36 ET | Source: Data443 Risk Mitigation, Inc.
https://www.globenewswire.com/en/news-release/2022/03/24/2409776/0/en/Data443-s-Antivirus-Protection-Manager-Achieves-VB100-Certification.html
He’s definitely desperate and it shows quite clearly how desperate he is by recycling the most recent press release . Look at the press release that was released on 03/24/2022 and then take a look at the press releases that was issued on 01/10/2023 . It’s astonishing that he has to stoop so low as to using the same exact press release
We hear hear "fiduciary responsibility" when these OTC companies intentionally screw over shareholders. Regulators of this "buyer beware" space could not care less as long as the company files the appropriate forms. Jason files frequently that he is about to steal your money and that pretty much sanctions the theft.
He is issuing shares at a much higher rate than in the past as you mentioned. He has made good money off the share dumps since the split but now it appears that he is in a bit of a jam with the massive shares available and the need to cover the massive debt payments that he has taken on just since the split. PC mag pretty much said that the $3.4 million ransomware deal was a huge mistake. With demand for the shares drying up he will need to keep his much coveted reverse split tool handy.
This isn’t an opinion it’s more along the lines of being factual. Hence why the insider purchases didn’t do a damn thing to the stock price regardless of 100s of thousands of shares being purchased or so they say. I don’t believe in coincidences when it comes to this company and their constant mismanagement and breach of fiduciary responsibility and obligations to the shareholders. The company has issued 621k shares in the past month and yet we still can’t seem to break .40 . When I called out the accountant for the company and how they needed to correct the filings for the insider activity and his failures in regards to fiduciary responsibilities , he chose to block me.
Apparently since they updated the share structure on 12/31/22 , they’ve added 600k shares to the O/S . An informative shareholder called the transfer agent and asked what the updated share structure was and then he informed me of the massive changes in the O/S . Maybe you should try to do some research before you misinform people next time . The only revenue source to speak of was the additional 350k to an existing multi year contract within the past 8-10 months . Haha , what happened to your post in which you stated that 5 dollars was a steal ? And also 52k shares will be dumped on the shareholders by Jason by January 21 or somewhere around then along with his 108k shares he awarded himself within the same year as issuing himself more 100s of thousands of shares. And for what ? Let me guess it was beyond a steal for Jason . Did Jason pay you another 5k dollars to try to promote a stock that can’t seem to do anything but decline in stock price. You are an embarrassment and a disgrace
Only 2.6 million? Last March Jason split the stock with only a million outstanding shares trading between $1 and $2. Outstanding share count last March after the 8:1 split was less than 125,000. That huge restricted group representing the balance of the 2.6 million shares will continue to stream into the market after their 6 month holding periods. The NASDAQ up-list was promoted the last 2 times the stock split. Jason has raised money selling stock even when it was trading below a penny so he can take it down much more since printing shares is free. If you look at the December form 4s you will see what they are really worth. They are worth exactly the $.0 that they paid for them in my opinion.
Jason Remillard, President and CEO form 4
https://www.otcmarkets.com/filing/html?id=16260207&guid=NBs-kHwwSFNRB3h
Greg Mcraw, Vice President and CFO form 4
https://www.otcmarkets.com/filing/html?id=16260254&guid=NBs-kHwwSFNRB3h
ATDS has only 2.6 million shares outstanding and about half of those are restricted from selling. Uplist to NASDAQ expected soon with simultaneous $10 mm funding for big revenue generating acquisitions. 40 cent price is beyond a steal. It is a gift from fudsters. https://stocktwits.com/RRCORNER/message/506562861
ATDS has only 2.6 million shares outstanding and about half of those are restricted from selling. Uplist to NASDAQ expected soon with simultaneous $10 mm funding for big revenue generating acquisitions. 40 cent price is beyond a steal. It is a gift from fudsters. https://stocktwits.com/RRCORNER/message/506562861
100% dilution and 100% chance of RS
ATDS 100% detection of malware certified by VB100, 99% customer retention, extremely undervalued, undiscovered, sales growing fast, about to uplist, $10 million funding close. https://www.reddit.com/r/pennystocks/comments/10ae42v/low_40_cent_price_with_100_malware_detection/?utm_source=share&utm_medium=web2x&context=3
Only $3000 traded today on that news. Fortunately it appears that OTC traders may have learned the very valuable lessons that Jason Remillard has been teaching them for years. I wonder how many shares they had queued up today for the news. Looks like traders pretty much told Jason to shove them up his ARS$. About Time!!
Data443 Risk Mitigation Inc. Continues Data Security Leadership with Antivirus Protection Manager VB100 Certification http://ow.ly/YveC50MmE3O #martech #marketing #Technology #Data443
More games to get those news shares into the market. I was wondering where they got the volume from today. They will hit every corner they can to find buyers who haven't heard about this company or haven't been burned by Jason yet. I remember the days when Jason released something nearly every week when he was selling shares so he has toned it down just a bit.
I'm thinking that the PC mag review of the ransomware that was purchased in the $3.4 million deal really tripped Jason up. I'm sure that he didn't expect a peer review of his latest purchase of software that never found its place in the market. The Q3 2022 revenue number is well off of that of Q3 2021.
https://www.pcmag.com/reviews/data443-ransomware-recovery-manager
Data443 Ransomware Recovery Manager Review
This well-conceived tool caves to real-world ransomware
By Neil J. Rubenking Updated May 4, 2022
THE BOTTOM LINE
Data443 Ransomware Recovery Manager resets your PC to a malware-free state on every reboot, while protecting changes and edits you’ve made. Unfortunately, it failed to defend against real-world ransomware in testing.
Editors' Note: Shortly after we published this review, Data443 Ransomware Recovery Manager was pulled from the market. If it becomes available again, we will retest it and update this review accordingly.
You are a complete tool and you know it . First you stated that 6$ was far too low and how the company was undervalued and then you said the same thing when it hit 4$ and then you said that when it hit 3$ and then once it hit 2 dollars you said that this is the bottom and that it’ll sky rocket and all it did was anything other then what you continued to say . So now we are here almost each day watching the stock price hit new 52 week lows every damn day and you think that this company will be bought out haha haha . Their market cap is deteriorating by the day and is In the six figures but yeah someone will surely offer a buyout for sure , my ass . They don’t release any news it’s always old news that has been reworded and put out . While you get paid 5k to put out your worthless articles.
I informed the accountant and Jason that insider purchases have an average cost basis and isn’t .00 . And they of course issue them 300k more shares totaling almost over 700k . I think this is the sign that they will be going to attempt another rs and then dump the shares when the stock price is well above their averages . Jason will dump 52k shares by January 20th or sometime around the second half of this month . For what , nobody knows and everybody assumes it’s the same old Jason hustle of sell selling and no results
Can’t fault your analysis.
The guy is in his own self-serving universe, clearly...
There have been so many shares issued in the many deals that it is hard to keep track. I'm thinking that at this point if there is any day with volume he has shares at the ready. What is missing are the weekly press releases of old when he was dumping shares.
I'm thinking those $.30 options are just for show as were the options at $1.70. I doubt Jason will be happy trying to pound out cash at this level. He needs more days like December 12th with a daily volume of 137K shares traded at around a buck. The big tell then was despite the volume the price didn't increase. Traders seem to always believe that they are catching a bottom on this and Jason just takes it lower to capture even more speculators. Then he splits and begins again with a fresh share structure. It is my opinion that Jason has no scruples when it comes to robbing even private placement investors.
For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16200180&guid=cHl-kathMOJzB3h
Common stock
On August 25, 2022, Data443 Risk Mitigation, Inc initiated a private placement transaction with certain “accredited investors,” as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended and such investors. In connection with the Offering, we entered into a securities purchase agreement with each Investor pursuant to which we offered and sold to the Investors a total of 829,000 shares of our common stock, par value $0.001 at a purchase price of $1.00 per share, for aggregate gross proceeds of approximately $829,000. The Common stock has not been registered under the Securities Act, and may not be offered or sold in the United States absent effective registration or an applicable exemption from registration requirements. For these shares, we are relying on the private placement exemption from registration provided by Section 4(a)(2) of the Securities Act and by Rule 506 of Regulation D, promulgated thereunder and on similar exemptions under applicable state laws. The Offering closed November 4, 2022, and we will issue the shares to the investors in due course.
This always goes way below zero, it is a fact
Would these Form 4’s not have the effect of keeping the price suppressed at .30 until at least July, and until the options have been exercised?
Keep in mind that Jason will be dumping 52k shares by January 20 or sometime around then
New form 4s for options to purchase. Looks like the same game as "options to purchase" at $1.70 in mid November. This time it is for $.30 and $0.33 by the CFO and CEO. This is a game that Jason will win because he has complete control. Lets not forget that Jason has raised millions selling shares in the past between $0.10 and $0.01. Hey, what happened to that NASDAQ narrative? big smile
SEC filings at the bottom of the page
https://www.otcmarkets.com/stock/ATDS/disclosure
I Do Not Really Care, give a fk about any co, there are stocks to "Trade", and there are stocks to "invest", those who cannot figure the difference, will keep on whining and talking bs all day!... when I say something, it happens coz its based on something integral to how and when a stock moves into different direction....and that fkn anyone interested in stock price movements will care or must care, those who don't you know what they will do!...The Charts and Techs can be quite handy for those who understand it!!.
Why do you care? There’s a gazillion stocks where you can lose everything or make some money. This is one of them.
I have a pretty small position.
7 shares! Lol
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New $300k toxic note courtesy of maxim
Latest 10-Q observation
NOTE 3: LIQUIDITY AND GOING CONCERN
The accompanying consolidated financial statements have been prepared (i) in accordance with accounting principles generally accepted in the United States, and (ii) assuming that the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. After a period of no income, the Company has recently generated increasing income. However, the Company is subject to the risks and uncertainties associated with a business with growing revenue, as well as limitations on its operating capital resources. These matters, among others, raise substantial doubt about the ability of the Company to continue as a going concern. These consolidated financial statements do not include any adjustments to the amounts and classification of assets and liabilities that may be necessary should the Company be unable to continue as a going concern. In light of these matters, the Company’s ability to continue as a going concern is dependent upon the Company’s ability to raise capital and generate revenue and profits in the future.
Summary
Data443 Rik Mitigation (ATDS: OTC) is a solid and fast-growing cyber security company that has seen its shares falling from $1.09 in the past 12 months to 1 cent within the past week. The company has been growing, but convertible note holders have been liquidating without regard to price and have consequently created an extremely undervalued opportunity for investors.
Adds Sophisticated Content Analysis and Intelligent Content Migration Capabilities to Growing Software-as-a-Service (SaaS) Portfolio
RESEARCH TRIANGLE PARK, NC, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, is pleased to announce that it has acquired the intellectual property rights and assets of FileFacets®, a Software-as-a-Service (SaaS) platform that performs sophisticated data discovery and content search of structured and unstructured data within corporate networks, servers, content management systems, email, desktops and laptops.
The acquisition has closed, and all assets have been transferred. Terms of the transaction were not disclosed.
8K Filing August 21st 2020
On August 17, 2020, following receipt of written approval from stockholders acting without a meeting and holding at least the minimum number of votes that would be necessary to authorize or take such action at a meeting, Data443 Risk Mitigation, Inc. (the “Company”) filed a Certificate of Amendment to the Articles of Incorporation with the Secretary of State of the State of Nevada to increase the number of authorized shares of common stock from 750,000,000 to 1,500,000,000, effective August 17, 2020. The Certificate of Amendment is attached to this Current Report as Exhibit 3.1. All descriptions of the Certificate of Amendment herein are qualified in their entirety to the text of Exhibit 3.1 hereto, which is incorporated herein by reference.
On August 17, 2020, the holders of 86% of the issued and outstanding shares of stock of the Company entitled to vote took action by their written consent and without a meeting, pursuant to Nevada Revised Statute 78.320. The number of shares entitled to vote was deemed to be 2,620,701,789, representing the total number of issued and outstanding shares of (i) common stock; and, (ii) Series A Preferred Stock converted into common stock for purposes of voting. The Certificate of Amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of common stock from 750,000,000 to 1,500,000,000 was approved. 2,250,000,000 shares were voted in favor of the Amendment, and such stockholders signed a written consent taking such action without a meeting or involvement of the Company. The written consent was delivered to the Company on August 17, 2020. | SUBJECT TO |
Rapidly combining some of the best DRM, eDiscovery, Classification, Identity Governance and DLP technologies into a solution positioned for Privacy and Compliance activities – across virtually any data source and device. The only provider to offer a full GDPR/CCPA request management platform, and an open sourced platform that has over 10,000 active installations.
The ARALOC Boardroom by Data443™ Content Distribution and Board Management System provides custom configured and branded native apps to streamline your corporate board governance and security guidelines. The only product on the market that features an array of user-friendly board content publishing and distribution automation controls, Boardroom requires minimal training and support. Using THE ARALOC Content Library, board members can use dedicated apps to view board materials from their mobile or desktop devices online or offline. With industry-leading fully enabled Rich Media Support, members are able to upload and encrypt all file formats for distribution. System notifications and automatic synchronization ensure board members always have the most recent board content materials. Multi-level views allow multiple boards to be houses and controlled from one central location.
GDPR Compliance
The GDPR Framework WordPress Plugin by Data443 allows for an easy, fast and cost-effective compliance solution for the GDPR. Achieve a fast time-to-value with 12 GDPR articles being met straight out-of-the-box. In a few clicks you can handle DSARs, consent, report and many other GDPR requirements. We are developer-friendly. Everything can be extended; every feature and template can be overridden. We are excited to announce we just hit 100k downloads and 10k active installations.
CCPA Compliance
Data443 ClassiDocs™ allows for an easy, fast and cost-effective compliance solution for the new CCPA. Achieve a fast time-to-value with the five key requirements of CCPA being met straight out-of-the-box. Data443 ClassiDocs™ supports over 200 file types and 400 databases while integrating with your existing DLP/CASB/SIEM/Cloud Solutions. Data443 ClassiDocs™ is the solution for classification, governance, and discovery across all data sources.
ClassiDocs™ takes the effort out of classifying your data by applying the same rules, technology, machine learning, and ongoing classification stewardship throughout the organization. This ensures always-accurate, continually relevant data security for your whole IT estate. ClassiDocs™ is purposefully user-centric to increase adoption and adherence with no training. Ease-of-use control with minimal interruptions and your-company-specific branding allows users to engage quickly and make fewer mistakes. Administration is simple via an easy-to-understand, centralized control panel that delivers both preset and customizable analytics.
RESEARCH TRIANGLE PARK, NC, July 29, 2020 – Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, today announced that it has appointed Mr. Omkhar Arasaratnam, a 20-year expert in information technology and leadership in global cybersecurity projects to its Advisory Board effective immediately.
Mr. Arasaratnam currently serves as Director of Engineering, Assurant Security for Google LLC, and is a Senior Fellow with the NYU Center for Cybersecurity at the NYU Tandon School of Engineering, and a member of the NYU Cyber Fellow Advisory Council. Previously, Mr. Arasaratnam served as Executive Director of Data Project Engineering at JPMorgan Chase, and has previously led security organizations at financial and technology institutions, such as Credit Suisse, Deutsche Bank, TD Bank Group, and IBM. In this capacity, he has revolutionized the effectiveness of cybersecurity controls. He is an accomplished author with several granted patents and has led contributions to many international standards.
DATA443 RISK MITIGATION PROVIDES BUSINESS UPDATE
RESEARCH TRIANGLE PARK, NORTH CAROLINA – (July 13, 2020) – Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, today provided updates on its current business and financing arrangements:
Completed Payments to Modevity, LLC for the ARALOC™ platform, the Secure Private Data Storage, Protection, and enablement platform
As previously disclosed, on October 22, 2018, Data443 acquired all technology, sales assets, and customers of Modevity’s enterprise cloud-based data storage, protection, and workflow automation platform, ARALOC™. ARALOC continues to lead the industry with Digital Rights Management, Secure Content Distribution and nearly instant large organization implementation. Data443 continues to innovate with the product and will have forthcoming product and customer announcements in the near term. Additionally, Data443 has now remitted to Modevity all amounts due under the purchase transaction (over $1.2MM USD) and owes no further amounts or any other consideration to Modevity.
Reached Shareholder-Friendly Forbearance Agreements for Outstanding Convertible Notes
Effective July 1, 2020, Data443 entered into privately negotiated agreements with a number of existing holders of the company’s outstanding convertible notes, which is intended to reduce short-term debt obligations of the company, while also deferring a significant amount of debt which otherwise could have been converted into common stock. The revised terms of these existing convertible notes can be found in the Form 8-K that was filed by the Company on July 10, 2020, which can be accessed at:
https://www.sec.gov/Archives/edgar/data/1068689/000149315220013083/form8-k.htm
Data443 Risk Mitigation, Inc. (OTCPK: ATDS), a leading data security and privacy software company, announced today that it has completed its corporate actions with FINRA and began trading today with its new symbol – ATDS: All Things Data Security™.
Key Takeaways:
Over only the past two years, the company has combined the technology, people and revenue assets of 5 product lines to form one of the fastest growing data privacy organization on the market. These products on their own are market leaders in individual segments of the data security, compliance and governance marketplace.
Jason Remillard, Founder and CEO of Data443 stated, “The wide operating platform we have built has two main purposes – provide a foundation for operating revenues for the company and provide a supporting platform for our forthcoming privacy enablement platforms. We have more announcements coming in both areas in the near term – I am proud of the work of the whole team bringing this all together with all of our constraints – it is a considerable accomplishment!”
Data443 Risk Mitigation, Inc. (OTCPK: LDSRD), a leading data security and privacy software company, today reported operating results for the three and nine months ended September 30, 2019, including net revenue of $628,000 for the quarter, and strong billings growth quarter over quarter. Net billings represent actual sales which include revenues to be deferred over the term of the contract periods.
Jason Remillard, CEO of Data443, commented, “We delivered strong third quarter and nine-month results and continue to make solid progress towards achieving our long-term goals in delivering a complete data privacy, security and governance ecosystem that is unique and unrivaled in the marketplace. I’m very pleased with the seamless integration of DataExpressTM into the Company, along with achieving a significant customer renewal, and more to come! There’s no question that the last several months have been challenging in terms of our recent corporate actions, but I’m very proud of our team for keeping focused on the tasks at hand.”
“As we look towards the end of 2019, we expect to end the year at a very active pace, both commercially, as well as at the corporate level. As of today, we are less than two months away from the California Consumer Privacy Act (CCPA) taking effect, the first significant data consent and privacy legislation in the United States, perhaps the most comprehensive regulations since GDPR. Many companies don’t understand that preparations need to be made now, before the regulation (and enforcement) goes into effect on January 1, 2020. This poses an incredible opportunity to drive home the importance of mitigating these compliance risks, positioning our sales staff to deliver more education and demos, with the goal of increasing our already growing customer base.
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443 Risk Mitigation, Inc. (“Data443”), a leading data security and privacy software company, today announced another major client win within its DataExpress™ NonStop (DXNS) Secure Managed File Transfer Service. The customer is a leading global payments technology company that operates in over 200 countries and territories worldwide.
The customer approached Data443 with the following key business challenges:
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443 Risk Mitigation, Inc. (“Data443”), a leading data security and privacy software company, today announced it has completed the acquisition of DataExpress™, one of the world’s leading vendors for secure sensitive data transfer for hybrid cloud.
Key Takeaways:
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443 Risk Mitigation, Inc. (“Data443”), a leading data security and privacy software company, today announced continued momentum in its product line with the addition of high-profile new data sources to enable in CCPA, GDPR, eDiscovery, archiving and data retention requirements.
The growing platform list of integrations include support for leading social media channels such as Twitter, Facebook, Instagram and LinkedIn. These platforms are rife with potential privacy information and have a large part to play in any litigation response.
Within ArcMail’s recently released Hybrid Cloud/On-Premise Software Subscription service, customers are enabled to search faster, store smarter, and protect better in light of increasing data privacy and compliance requirements. For highly-regulated industries like education, financial services, and government, ArcMail’s Hybrid Cloud/On-Premise Software Subscription service allows the organization to leverage a subscription-based service for full and continuous coverage, while reducing IT burden and spend.
TheAccessHub™ accelerates Identity Governance time-to-value by more than 2,600 percent
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, and N8 Identity, Inc. the leader in agile, cloud-based identity governance solutions, today announced a major client win following a three-month pilot.
The new client, a global NYC-based 1.4B market cap NYSE-traded organization, approached Data443 and N8 Identity with the following key business challenges...
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, today announced the completion of joint efforts with finance partners resulting in the favorable new terms on existing debt. Additionally, the Company has received notice of final conversion of the $125,000 legacy convertible note issued by the Company in 2014 and subsequently acquired by Blue Citi LLC (“Blue Citi”).
Effective June 19, 2019 the Company and three existing note holders have agreed as follows:
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, announced today that it has received notice from the Securities and Exchange Commission (the “SEC”) that the SEC has completed its review of the Form 10 Registration Statement as filed with the SEC on January 11, 2019; and, amended on April 24, 2019. The Form 10 was effective as of March 12, 2019. The completion of review by the SEC further confirms the Company’s commitment to being subject to the reporting requirements of the SEC, and specifically of the Exchange Act of 1934, as amended. While the Company has already filed an Annual Report on Form 10-K and five (5) periodic reports on Form 8-K since the filing of the Form 10, the Company will not be required to file any further amendments to the Form 10.
Jason Remillard, Chief Executive Officer of the Company and founder of Data443, said, “The completion of the review of our Form 10 by the SEC is yet another milestone achieved in our continued growth. We view it as a validation of our reporting process and financial management, which continues to evolve. Similar to when the Form 10 went effective back in March, this also underscores our commitment to provide our investors with transparency and accountability.”
“We are excited to bring Mr. Dawson onto the Data443 team to help us achieve our growth goals and support both our investor and client communities,” said Jason Remillard, founder and CEO of Data443. “His expertise will make an immediate and long-term impact on our business and we are especially enthusiastic about his ability to build and manage finance and accounting practices within complex, highly-regulated industries.”
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy software company, today filed its Form 10-K with the U.S. Securities and Exchange Commission (the “SEC”) to disclose its financial results for the fourth quarter and fiscal year ended December 31, 2018.
Key Takeaways:
Management Commentary:
Jason Remillard, Founder of Data443 and CEO of LandStar, commented, “2018 was much more than a transitional year for LandStar; it was a major foundational year in which we established the platform that the Company is being built upon. I’m excited to say that we are now at the point where we can accelerate the pace of our planned corporate actions, as well as continue on our product development and acquisition roadmap.”
“These results only validate what has been our growth strategy all along; to acquire highly successful companies with complementary technologies and skill-sets that can easily fit and rapidly enhance our market positioning, provide a healthy customer base, and that are accretive to our bottom-line. I’m happy to report our initial revenues, and look forward to subsequent quarterly reports, when the full-quarter’s contribution of revenues from our acquired businesses will be reflected in our financial statements.”
LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, announced that it is has launched its online ordering platform for the ARALOC™ Board Management product.
Jason Remillard, Chief Executive Officer of LandStar and founder of Data443™, commented, “As we continue our marketing campaigns, the ability to order and provision online is an important step in the customer buying journey. Our trial and buy portal has been long planned and we are pleased to offer several different editions of the leading ARALOC Board Management Software platform. We will introduce more purchase options for the ARALOC platform and the rest of our product catalogue over the near Our existing stockholders may experience significant dilution from the sale of our common stock pursuant to the Financing Agreement.
The sale of our common stock to PAG Group, LLC in accordance with the Financing Agreement may have a dilutive impact on our stockholders. As a result, the market price of our common stock could decline. In addition, the lower our stock price is at the time we exercise our put options, the more shares of our common stock we will have to issue to PAG in order to exercise a put under the Financing Agreement. If our stock price decreases, then our existing stockholders would experience greater dilution for any given dollar amount raised through the offering.
The perceived risk of dilution may cause our stockholders to sell their shares, which may cause a decline in the price of our common stock. Moreover, the perceived risk of dilution and the resulting downward pressure on our stock price could encourage investors to engage in short sales of our common stock. By increasing the number of shares offered for sale, material amounts of short selling could further contribute to progressive price declines in our common stock.
PAG Group, LLC will pay less than the then-prevailing market price of our common stock, which could cause the price of our common stock to decline.
Our common stock to be issued under the Financing Agreement will be purchased at a ten percent (10%) discount, or ninety percent (90%) of the lowest closing price for our common stock during the ten (10) consecutive trading days immediately preceding the date on which we issue a Put Notice to PAG (as provided for in the Financing Agreement).
PAG has a financial incentive to sell our shares immediately upon receiving them to realize the profit between the discounted price and the market price. If PAG sells our shares, the price of our common stock may decrease. If our stock price decreases, PAG may have further incentive to sell such shares. Accordingly, the discounted sales price in the Financing Agreement may cause the price of our common stock to decline.
We may not have access to the full amount under the Financing Agreement.
The lowest closing price of our common stock during the ten (10) consecutive trading day period immediately preceding the filing of this Registration Statement was approximately $0.26. At that price we would be able to sell shares to PAG under the Financing Agreement at the discounted price of $0.234. At that discounted price, the 4,046,995 shares would only represent $946,997, which is far below the full amount of the Financing Agreement.
"Data443 has joined forces with Business Partner Solutions, Inc. (BPS), a U.S.-based security focused value-added reseller (VAR). Founded in 2005, BPS is a certified CPUC and Woman Owned and Operated enterprise, a proven go-to for security VAR focused on providing emerging but proven security and compliance solutions to its customers. These clients include many Fortune 500 companies, public utilities, healthcare and retail. The partnership expands U.S. market coverage for Data443’s growing portfolio of products and aligns the company with a leading reseller that has specific expertise in data security, privacy compliance, and risk mitigation."
Data443, a leading data security and privacy company, announced today the completion of the audit of its Consolidated Annual Financial Statements for the fiscal years ending December 31, 2016 & 2017. An independent auditor (which is a PCAOB registered accounting firm) completed two consecutive years of the audits of the Company’s financial statements within the guidelines of Generally Accepted Accounting Principles (GAAP). The results will be filed without delay with OTC Markets as an amendment to the Company’s previously filed financials for its year ending December 31, 2017.
https://www.data443.com/pr-n8-letter-of-intent/
Recorded audio of the session can be accessed here:
https://www.data443.com/investor-faq/
Data443/ClassicDocs Competitive Review
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Data443 Secures Global Rights to Leading WordPress GDPR Solution
https://wordpress.org/plugins/gdpr-framework/advanced/
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