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Lol, it’s funny to hear that because they are all less then a year old and technically new. But yes, HPG is one of the newest. They sent out a PR a little over a month ago. What I love about most of these partners listed is that you can go to their websites and see Data443 listed on them also.
Unless anyone has a copy of the legal documents you can’t assume all the particulars through a news article.
It’s impossible to assume that any of us can correctly guess what happened between Jason and that previous company. What I know to be true is most partnerships fail and In my opinion based on what I know about each of the products Jason is better off running his own business. As for the audit what is everyone expected to see? There can be many reasons why he hasn’t released it yet. I would be guessing if I listed my opinions. Maybe he just wants to explain it to his valued shareholders. Whatever his reasoning is I’m sure like ever great CEO he has a plan.
T5- I can answer a few of your questions. First, Jason has been following Araloc technology for a long time and has been wanting to acquire them even through his previous employer. I heard that right from Jason. Secondly, this is Jason’s first publicly traded corporation. The company you’re referring to was not Jason’s company and the marketing plan was to focus sales and support on a designer product verification software. Jason’s experience and his ClassiDocs product added value to that company and from what I’ve read it looks like they were supposed to add it to their product line. However, I don’t know what happened but in my opinion Jason is much better off on his own. I also know first hand that Jason has been developing this product over many years and that since he opened Data443/LDSR he is all in on this business. Like my example of Malwarebytes that is a free download and is worth 50 billion dollars I don’t know the particulars of how they generate revenue. I do know what Jason has told us from his last conference call. He never promised any get rich quick and never predicted any price at any specific time. In my opinion the only reason I’m looking forward to the audit is I think I read somewhere that it’s one of the qualifications for being upgraded to a OTC.QB status.
If you had mentioned the particulars of why Jason and the previous company who hired Jason to work for them didn’t work out then we could be speculating and make assumption on why ClassiDocs wasn’t selling during that time. From what it looks like to me is the previous company was happy focusing on sales of their existing product and did not want to give ClassiDocs the attention it needed so they broke off.
It’s impossible to find the exact same comparison. I bring up Malwarebytes because they are a niche security software product. However, it’s still different because first of all it was created by a teenage boy. However, similar in the way that he was upset that the existing virus protection companies weren’t properly addressing the problems. So he wrote a software program that is still free to download and use. If I remember correctly it was last valued at 50 billion dollars and the company is around 10 years old.
Look over ten years ago I wrote a software program for cab companies that by using your smart phone you can hail a cab and be able to tell which cabs are occupied and where they are. It was a simple application that needed a some continued development. It was called Hailaride.com a monopoly looking character would pretend whistle for a cab for you and put his hand out by pressing hail a cab inside of an app. Alerting the nearest available cab of their GPS coordinates. My point is my timing was off...and I had another job that paid me to live and the company I worked for at the time wasn’t interested in my software. I could have broken off and took a gamble and tried to develop that idea. Now we have companies like Lyft and Uber...but look at their early development years and what they went through. People in hear make false references to Data443 and what it takes to break into this competitive market. What I’m doing is comparing them to early years of other software companies and validating the events and shows they are participating in based on my experience in the business.
My point with the Microsoft reference was to stress the importance of timing in entering the market. Microsoft released an incomplete product because the timing was right. Data443 broke away from that last company for obvious reasons. They did what they needed to do because the timing is perfect in entering the security software market.
Oh and by the way Microsoft didn’t invent DOS they released their version of DOS called MSDOS. That came after Microsoft first started and years before Windows was released.
Im not dropping the name Microsoft. I’m simply using them as an example of a software company that everyone can relate too. I’ve mentioned other security software companies in the past. However, most are not familiar with them. If you would like to discuss the history of other specific software companies and their struggles on breaking into this space let’s discus Malwarebytes. If you are not familiar with the company and their history then I recommend you look it up online and get back to me. I would be happy to debate this with you.
Yes, Jason has probably had this software installed and tested on different environments far longer than two years prior to DATA443/LDSR. Timing is everything and GDPR offered a great entrance point. My guess is that Jason had a conflicting urge of importance with the previous company he planned to launch ClassiDocs through. This forced him to turn to the quickest option to get this to market in time. Let’s look at Microsoft again they had no customers for over ten years. I beta tested windows while I was a teenager and never paid a penny for it. Windows has been incomplete and flawed for many years even today they are constantly patching and fixing it. Just look at the evolution of windows and all the different releases. Microsoft never marketed their product as a flawed software while asking for people to invest and use their product. They entered the market during a time when Apple was beginning to dominate the pc industry because of their simple, user friendly OS. When Windows first released it was very buggy and flawed. We all know this by looking back at all the different Microsoft versions over the years. Some of those new windows upgrades were catastrophes. DATA443 probably still has some development and always will. However, now that they have entered this space there is no turning back or abandoning this product. They are not acquiring other companies just to disappear. We need to look at Jason’s resume and experience again. You can train and educate a prodigy child at a top notch tech school such as MIT. However, it’s IMPOSSIBLE to equip them with the experience that comes from working in this space for over 20 years. So when companies like Citrix are adding Data443 to their interface product line it adds huge credibility to this company and this companies future.
Have you ever considered the idea that this is a new software company that was developed over many years of experience by a guy who worked in this niche industry following other companies protocols? After decades of learning what problems are vulnerable, watching trends in the industry and seeing design flaws needed to be addressed for future growth. He developed his own product? Have you ever considered when designing a new security software the obstacles a company faces? I can tell you a few obvious ones, first of all every company you deal with are unique IT infrastructure that are usually pieced together with different working parts. You need to test your product in thousands of different environments. Commonly software and hardware companies give it away for free and sometimes for a year. I recently went to a Cisco event that sent me away with a free $2500 switch, even after telling them that I can’t test the switch on my network in till mid February. I won’t pay for this switch for at least 6 months. These companies working in this field have deep pockets and are designed to do this. We work this to our benefit because an IT executive knows during this time frame we are going to get the best 100% support and attention from this company because we haven’t paid them yet. On our last investors call Jason never said keep loading up on stock shares and you’re going to make millions of dollars quickly. If you look at what he said he told us share holders he is in the process of building this company by acquiring companies that will assist in his future plan to complete the business and to compete in this space. Everyone supporting him is trusting he has the knowledge and experience to do this. So far we know this to be true and we are seeing positive actions.
Great point KZ - I have never seen another pink stock like this one that talks about facts that can easily be verified. Listed as a Ripple validator, mentioned on government website in the E.U., people here have met with the team members at major tech shows. Awards that can be verified, a technology resume that checks out, Updated conference calls. PR’s based on real facts and updates, Download counter for Wordpress Frameworks plugin with reviews we can all access at anytime, listed on Citrix website, listed on all partners websites. This company is all coming together nicely....and to think this business is not yet a year old...Amazing...I’m thankful to own and be holding shares of this company.
Z- you should have identified yourself as an IT professional with extensive experience with Varonis and knowledge of other security software platforms. If you can break away for about an hour from posting messages in here, watch this demonstration of ClassDocs....I think you’ll get as excited as all us IT executive in the industry....it should answer your questions and may even change your life....it’s a powerhouse software system packed with incredibly simple to use functions...I really think you are going to love this.... https://cdn2.hubspot.net/hubfs/2797452/Past%20Webinars/Beyond%20GDPR%20Webinar%20Sept%2019/Data443-Beyond%20GDPR%20Webinar%20-Sept%2019%20-%20zoom_0.mp4?t=1537371492173
I look forward to your response after you finish watching this video.
Ps.
You may want to fast forward to 45 seconds in. Enjoy!
Sorry J for the late response...I'm swamped extracting archived emails off an exchange server for an attorney firm needing to meet a deadline to a subpoena...try looking at some of my past posts from a few months ago... I list his patent numbers someplace. Or search the US PTO and Canadian PTO you'll find issued and pending patents.
You're speculating again. We agreed that the functionality is somewhat similar but not the same technology.Jason has worked on much newer security projects for Dells security solution as well as IBM's security solution. He also worked on the IBM Watson project which is probably what assisted him with the AI features. DLP is old technology and the technology he uses and patented is much newer. You should read his patent and you may get a better understanding. Or just simply reach out to Jason and ask him. I'm sure he'll reply. I'm not a securities software engineer. However, I put this in the hands of people who are experts and whom I trust. So far the feedback has been promising.
That’s why all the acquisitions and partners are important. They’ll most likely bundle this into an IAM. As for the cloud, almost everyone is on fiber already and the cost of ISP bandwidth speeds have decreased considerably. However, this can also easily be hosted on a designated server on premise and doesn’t need to be in the cloud. The software is locking up the content so even if it’s hacked or more likely faces a disgruntled employee the secured data is not leaving the network.
Agreed it’s similar to how a DLP performs. Like I said they’ve developed a better mousetrap. The dashboard is very slick and extremely user friendly. The thing that’s yet to be seen is what kind of delay does it cause from constantly scanning the network. I asked that question and there is a delay however, it’s not bad. It depends a lot on how much data you want scanned.
That’s were I think Data443 is different. The product resides on their cloud based server. Almost like an additional firewall. So even if you forget to do an update or install a patch your data is still protected.
Lol...you remind me of Brojazzy...I liked him too....he offered an objective opinion and I appreciate that. However, I’m also a fan of what Data443 is trying to accomplish. And I clearly see how they are trying to do it. But like i said to Jason they need to gain company stability before anyone is going to trust them to protect one of their most valuable assets, a companies data.
I know of at least one company on that list that are no longer with them. I also know that some of those companies buy every product and waste more money than I spend in a year. I have nothing against Varonis. But when I go to a security conference and they show me how they hack the data of a commercial airplane and tell me where the next location our military troops are going to be deployed based on data hacks. That keeps me up at night and tells me that our current software is no longer working. We face different types of threats practically everyday. Today’s IT departments are facing issues with breached data people’s personal information being publicized on websites. This is opening up an entirely new can of worms. They are adding personal data attacks. You can’t counter these attacks with virus protection or malware software. We need more companies like Data443 introducing possible solutions based on years of experience from working in the industry.
Show me software security companies that advertise all their customers? Just because companies have purchased software from companies like Varonis in the past doesn’t mean they are still customers. When our companies data gets breached executives and owners don’t want to hear excuses. We hear GET RID OF THEM (plus a lot of choice words) it may not even be Varonis’s fault it could very well be the IT department dropped the ball somewhere. Either way while all kinds of new threats are increasing rapidly most IT environments are shrinking, migrating to the cloud and downsizing. It’s sad because professionals who went to school to learn a trade are no longer needed. This is part of technology evolution. We need change and even if Data443 has built a better mousetrap it’s simple to teach people how to use. Moving forward this solution helps us get the responsibility off of our overworked shoulders then hopefully this will be the last software we’ll ever need to install.
Security begins with each individual user. Data443 classifies our secured data and prevents it from leaving the network. This can be done on a per user basis. Let’s say you create a data block that could be anything for example - “You would have to be crazy for not owning any shares of this patented technology” then as an individual user you click on protect. That phrase will not leave your network and will alert you when anyone is trying to access it. Simple and strait forward and it’s thee only way to gain control of what we face in the IT world today. If I have users working with me on the fight against cyberattacks then we can gain control and IT departments can focus on addressing other important security issues. Data443 doesn’t claim to be the cure all to everything. What Data443 does is changes the way we’ve been protecting our networks and we need this change.
Nice posts KZ... in the tech world as a CIO all these complicated security products have repeatedly failed and IT departments keep hearing excuse after excuse why. We spend valuable time working on what they say will fix it and all we can do is wait till the next breach to find out that it failed again and hear more excuses. Meanwhile we get our asses chewed, put our company, clients and customers at risk. Plus, it looks like whoever runs the IT department has no idea what they are doing. What makes a great CIO is to recognize what will work. From years of experience and protecting networks what I’ve found works is training and educating your employees about how to recognize and avoid security threats. From the devastating impact of WannaCry and Petya/NotPetya, to the explosion in cryptojacking we face close to 2 million new threats a day. It’s impossible for any size company to keep up with the growth of today’s security threats. What Data443 has created is a tool to assist with this growing problem on an employee level. Simple to use and strait forward. Thats the only way to win this war against cyberterrorism. People will also gain a better understanding of what IT professionals face everyday. That’s what makes Data443 so exciting.
Ferda- read the bottom of your post... “including the production of this press release."
Cheer up BB the stock market has always been a hard way to make an easy living....plus, people fire themselves by either pushing things to far or for not doing their job. Lessons being learned every day and what doesn’t kill us makes us stronger...
Like many other software companies such as Apple, Microsoft, Google just to name a few. But just about every app software company and many securities softwares like AVG, Malwarebytes, Combofix etc...Before the IT market became so big, software companies used to pay people to download and run their software. This was to be able to gain feedback over many different system environments. Its called Beta testing and was also proven to be a successful form of marketing software. Companies don’t use the word beta testing as much anymore because people associate that word with not complete or risky. So they have found that the word Free works much better. Like SV said once a customer installs a software and gets familiar with it they do not want to uninstall it and learn something different. Some softwares grow so quickly and get so large using this method that they never charge customers and they make more money by selling advertisements that run on the program. Or some companies offer a free version with ads or a paid version without ads. Some software companies keep the program free for consumers and charge for a business version. Frameworks GDPR app for Wordpress is now gathering valuable feedback from thousands of users who are helping to perfect the product. Don’t look for revenue from the Wordpress app for a while. Revenue comes in other ways. This is more of an advertisement and awareness to all companies that Data443 will be right there for them when they decide to protect their businesses data. Users getting used to Data443’s Wordpress GDPR Frameworks will naturally look to Data443 others products when ready.
Zani - understandably people in here are hopeful and optimistic that this product is going to be the one. We certainly have a ways to go before that happens. I think a lot of it is more of a counter reaction to when people post messages that it can’t happen. In questionably this is an extremely hot topic in the IT world. I try not to ever speculate or make predictions. However, my due diligence is with the technology side of this software. So I’ve made it a point to read the patents and demo the technology as well as have many conversations with Jason and his team. Jasons resume checks out and I’m familiar with most of the shows he has attended. So far what I’ve seen of his products are very good and the shows are the right place to be. I’m not an expert in the field of IT security but my many years in the business as an IT executive I do know people who are. I have also had three way conversations with Jason and IT experts that are more familiar with this then me. Before I ever add a software to my network I research it extensively. At the moment I have a few security experts from two major companies picking this software apart on the inside. These experts are very interested in this technology and very familiar with their competitors. One of the companies are looking at adding this product line and one of the companies is a major analyst organization. The company looking to add it has a sales force of over 500 people. I don’t know what your position is here. But if I could assist you with something you’re skeptical or not sure about I’m happy to help.
Wow, thank you for sharing. I’ll need to read up more about that when I get home later. What it shows is how hot security software is right now. It’s going to get a lot hotter in my opinion.
Thank you...It’s my pleasure to work as a team and contribute what I can. If I come across anything I find negative about the technology...I’ll report that as well. But I definitely won’t sit back and let nonsense and lies pollute this board. Just my part of the Team LDSR Investment Club!
I know he’s probably just grasping at straws. However, I also try my best to explain it for anyone who maybe wondering similar questions....
Zani- let me intervene once again. Here is why Data443 is so critical in the role of Ripple and all cryptocurrencies. The total picture isn’t just being one of the selected few to validate transactions. The bigger picture is how to monitor each transaction. The challenge we face with cryptocurrency is securing the transaction data. Data443 has the ability to secure the data and create an audit trail. If you look into Data443’s product line you’ll see that Data443 can provide a solution to this problem. Including Araloc’s new additional mobility capability. To explain it in the simplest way. Just think of it as locking the data transaction so it can’t be altered. Just like purchasing an item with a credit card there is always of an audit trace of the transaction. This will reduce the possibilities of money laundering. And also allow the governments to control and tax it. I’m happy to explain it in more detail after church is over if you would like.
You should do a little more homework and look at the early Microsoft years in the 1980’s. All they had was three employees and an annual revenue of $16,000.00 their first year. Check it out online...read up on Microsoft before you post something that you know nothing about. Matter of fact early Microsoft struggled their first ten years and hung on by producing a software called typing tutor that helped people to get familiar with the computer keyboard. I know it well because I used it and it taught me how to type. They produced many different softwares like a flight simulator game. But as you could imagine in the 80’s the home pc market was very small. It wasn’t in till they produced their version of DOS for IBM is when Microsoft began to look at writing an OS.
Zani- you’re going to love what’s about to come. In the IT world this software is being heavily watched. I know that first hand as an executive CIO of a medium size company. Lots of in site with other IT professionals. We are all very excited about this. The multiple patents are great. You should check them out, you can read them online. The Araloc deal is the perfect fit. You’ll notice it includes a 2nd verification security patent. That’s been one of the hottest things lately and all of us have used it. Have you ever accessed something and it asks you to identify a picture or answer a question? These 2nd form verification programs have proven to be a success. When Data443 ties everything together this will be an incredible security suite. The best all around security solution in the world. I’m so excited about this company that I gave shares out as a wedding gift to my nephew and his new wife. I may give shares out as Christmas presents this year to family and friends. I haven’t loved a stock this much since Microsoft in the 1990’s. What took Microsoft 10 years to put together is only taking Data443 a year. You do not want to be without shares of this company in my opinion.
It’s impossible to speculate what was negotiated. Maybe the deal included that analyst report and was requested to be done by Aroloc prior to the closing. Both released around the same time.
What amazes me is all these previous businesses working in this space for years have all failed. Facebook spent billions of dollars on technology that has not worked. Facebook has everything to gain and nothing to lose if they can strike a deal with Data443. I just think Jason would be selling himself short if he sold out to FB. I would rather see a licensing deal.
Ferda- you forgot to answer your last concern regarding Aroloc receiving millions of shares in exchange for their patented technology, customer base and 10 million dollar a year in revenue company. My question was why would a company except stock shares if they felt the shares would not increase in value? That’s a trust bond between two companies. It’s saying I’m so sure you will further exceed with my product that we are willing to except stock shares in exchange. What better re-assurance can you get than that? My good friend recently sold his gaming company and half of his 8 million dollar sale was in stock shares to a company that recently went public less than a year ago. The stock is up a considerable amount and it’s only been 6 months since the deal closed. Both parties are very happy. I strongly believe the same thing is going to happen with Aroloc and Data443.
Thank you Dr. for your response. I had a GTD set for May, 2019 that suddenly got rejected. I know that I had typed GTC but I meant to type GTD. I was on the phone at the time and made a mistake. However, the ETrade rep did say that even if it was GTC then the message would have read as Expired not Rejected. The ETrade rep researched this with others at ETrade for awhile. They can not figure out what happened. They gave me some possible explanations such as possible name change, merger, acquisition or they said something else going on internal with the company. I still don't know what happened, but that is the answer I got from ETrade.
I just had the strangest thing happen in my ETrade account. I've had my shares locked up and set as good till cancel for months now. A message popped up about 15 minutes ago that a block of 900,000 of my shares were just rejected. I haven't placed any orders or bought or sold anything for months now. All my locked up shares were excepted months ago. Is anyone familiar with this? Could this have anything to do with the shorting or manipulation going on? I'm still on the phone with the ETrade agent they are trying to figure out what happened.
It’s common practice and good business. Usually includes a legal clause that they can not sell shares for an agreed upon period of time.