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They have pounded it enough with out any rebounds that retail will be joining in on the selling. We all know that this kind of dilution goes on in this space but this is so irresponsible that a reverse split has to be in the works. No company burns their stock like this and expects traders to continue buying. I believe that they intend to put shareholders like myself in the rear view and move on after a reverse split. It should be criminal but it isn't.
It looks like every time they slap this thing now it doesn't recover. How low will it go... The buyers are drying up. The crazy dilution is causing people to sit back and wait.
Yes, and it seems to be endless. They should let it come up for air before it needs CPR.
Only newbs react to the recycled news from seeking ALFA these days. There is the ZOOM pitch again. Does this rag have any credibility at all anymore? The recycled news did bring in a 155 million share day recently. Too bad it couldn't muster much more than a penny pop from it. You may not see anything of a move from it now, It seems the market has been saturated with $ATDS news and its lack of authenticity.
The immature posters here sold for cash in mid July and have been telling you what is happening here. This continues to go down because all the bloviating by the promoters has been baseless. No matter who the promoter is the facts are the same. Most here were duped by the ZOOM promos. If they drop another PR it better be something new and believable. They may not have been able to raise the cash needed to close the deal. Despite the massive PR push and huge volume the price didn't go very high.
That is exactly what is happening. No one here can call a bottom as long as they are dumping new shares. As the price declines they simply drop more shares to get what they want. A reverse split is of no consequence to them.
I doubt the one million plus dumps at a go are retail at this level. I believe given the quarterly losses that the burn rate for expenses alone is at least two million shares a day on average.
The company is the one pushing it down with the dilution in my opinion. Not the first company to intentionally set their stock on fire. Looks like they may destroy it, reverse split and start over.
It doesn't surprise me that they would be consulting attorneys given the way they have been promoting and dumping shares. In my opinion, any hint that the SEC is sniffing around will send this stock so low...so fast...
A year? Was it not trading below a penny before the 1:750 reverse split at the end of 2019? .70+ post split in early January to a penny in 5 months. take the indicated 1 year price and divide by 750. Now the outstanding share count has grown again.
The gaps always get filled here on the downside because there is nothing fundamentally to support the price. It simply means that it is back where it started. It goes up because they promote the story to those who don't know it. Technical analysis is useless for this stock. The massive level of unknown dilution is the story here now and a technical chart analysis cannot predict such influences. There is huge percent of the outstanding shares in under .03 who are here to flip for a profit or looking for the exit. As I have said before, you can't have everyone playing the same game within a trading channel. Without something fundamentally changing with the company that would create huge volume buying the price will go nowhere in my opinion. Any promotion that they do is for the purpose of selling new shares. Anyone see a catalyst on the horizon? The uplist application was just for promotion in my opinion. This stock doesn't qualify in its current state which hasn't changed since the reverse split. I believe that the new channel for flippers like myself will be sub-penny
No recovery this time. Maybe the bid will build between here and .015 so they can dump another load of shares. Anyone guessing that they will stop at a penny?
Looks like a new trading range setting up. .02 appears to be the new high before they dump into it again. A new sweet spot where retail isn't willing to sell and buyers are willing to load up with the perception that they are getting in cheap. They have the selling of shares pretty much to themselves . I Suppose all the "news in the pipeline" floated by the company was just to keep this going? How many here loaded up when .02 was considered cheap? I did. They are making fools out of all of us. hard to not see this as a pump and dump routine now in my opinion. My biggest fear at the moment is that they will reverse split this when they are done diluting. If that announcement comes, everyone here will be losers.
The company has been promoting non-stop since mid July until stopping last week. Nearly all of it old news pitched to new eyes. The crew here now has come expect something weekly.
It is clear that they are willing to drop it as low as needed to get the funding they need. Just lovely. They are beginning to look desperate.
Probably dropped another PR somewhere. They will drop enough shares into it to keep it below .015 in my opinion. That is the sweet spot to raise funds without triggering a lot of retail selling.
It appears that they will continue to soak up all bids over .02. It also doesn't appear that we will see any PRs until they are done. This is the level where retail quits selling and traders are still willing to buy and accumulate. This is where they will keep it until they are done raising funds. Time will tell how long this can continue over .02.
"keep it real"?? Every time someone drops the ZOOM inference here we need to remember this post 105252. ZOOM has their own solution in the works. Promoters here are reaching again for Monday morning with this stuff and the recycled PRs. You will get your Monday morning pop as usual. Keep it real as you say.
MAKESOME79
Wednesday, 09/02/20 11:39:35 AM
Re: None 0
Post # 105252 of 105623
Hot this email this morning.
Sorry that we ran out of time for the Q&A. Addressing your questions:
Have you had any more interest in the NFL contracts?
Generally speaking, interest in the ARALOC Secure Sports Management Platform has increased within the sports world, including other sports leagues, professional and collegiate.
There was news release about Zoom. Are you working help them secure a better security for there platform and for its users?
The press release (https://data443.com/pr-data443-delivers-industry-first-privacy-scanner [data443.com]) refers to the Privacy Scanner that we’ve designed for Zoom users. Zoom recently acquired a company that they believe will help them in terms of privacy within their platform, to keep this function in-house.
Is there any plan to dilute any stock?
The dilution in the stock is a product of existing convertible notes, which we are working on extinguishing. We’ve negotiated standstills with several of our noteholders, and are working towards a solution that doesn’t place a cap on the upside potential for Data443.
How are you going to grow shareholder value? Is your plan to get on Nasdaq?
We believe a combination of growing our recurring revenue base organically, making accretive acquisitions with strong assets behind them, and decreasing our debt balance to more manageable, friendlier terms, all within this highly compelling industry environment, will only enhance our value to shareholders.
If you have any other questions, please let me know.
Regards,
Matt
Matthew Abenante, IRC
President
Strategic Investor Relations LLC
Office (646) 828-8710
Mobile (973) 908-0935
www.strategic-ir.com [strategic-ir.com]
Meeting Scheduler [outlook.office365.com]
Follow us on Twitter [twitter.com]
Follow us on LinkedIn [linkedin.com]
***********************************************
This message and the information contained herein are proprietary, confidential and may be privileged. If you are not the intended recipient please do not read, copy, disclose or distribute its contents to any party and notify the sender immediately.
Wow, I find myself in agreement with you for the first time. I believe this could have reached the mid May high of .13+ as before if the company didn't have their foot on it with the dilution. They really need the funds and have no choice now in my opinion. They mid May run was on very little volume so the company was not participating with the dilution. I now believe that it was a setup for the major fund raiser in July. Traders could look back and see that recent run as a reference for price potential. Yeah, this could go .04 or .05 with another promo push from the company as long as they are not participating with the dilution again. The problem now is that there is a huge new number of traders in under .03 representing the majority of the outstanding shares now. And they are here for the flip. everyone can't be playing the same game. Unlike others here I don't consider those who run the company crooks. That would require knowledge of intent. This is just the way business is done in this space and they have done very well for themselves over the years. Shareholder money is a means to and end. Shareholders should know the game as well in penny land and not point blame elsewhere when they lose. I have lost in the OTC market and blame no one but myself.
True that is exactly what they did before the reverse split at the end of 2019. They sold shares like crazy and acquired a line of products to promote. The current presplit value of the tens of millions of shareholder losses that went into it is now .0112/750 = .000015. So they don't have a good track record for taking investor funds and producing anything but quarterly losses that once again require share sales to support. Same player, same game. They are simply doing now what they did before. This is nothing but a flip if yo can manage it in my opinion.
LOL, If you loaded last time at this level and missed a run to .02, that is on you and no one else. If you aren't able to evaluate the downside vs upside risk from .0105 or so then you should not be trading in OTC penny land. In fact I don't believe your story, If you loaded at that level why would you sell? It never dropped below that enough to be concerned. You might consider a mutual fund. Bottom picking and timing penny pops is not a for the weak in the pink sheets in my opinion.
I simply say that I'm not considering it over a penny and have a new buy target of .0075 to allow at least some room for a run when they promote. I don't buy when they are promoting. It took a 155 million day to top at .024 during the run you mentioned. this was promoted on information that was known for weeks. If you think they can do that again then congratulations. There are many waiting now to sell into the next runs. I don't load up hoping for a penny pop. There are too many other plays out there. I believe they will keep it in the current trading range while they dilute as long as people are accumulating with the same idea that you have. That being to flip on a pop. Good luck.
They clearly aren't going to let this up until they get their funding.
They are careful not to push it below .0103 so far. This is the first week since the July run that they haven't dropped another PR. It slides when they don't because the fundamentals do not support the price in my opinion. They will continue to drop PRs as long as they are in fund raising mode so don't look for it to drop below a penny until they are done. Once the PRs are done and the the outstanding shares number is known, disillusioned traders will make it drift down. By then those that loaded up the hundreds of millions of new shares will realize that they have been had. Just look at the YTD chart to see what happened after the reverse split. The question then becomes, is this stock flipable in the sub penny range. There will likely be a lot of tax selling toward the end of the year which is quickly approaching. patience is what it takes to makes money here, don't get trapped. You need to be in a position to sell, not buy when they are promoting.
Ah, Yes! the promo before the mid May run to .13+ on relatively little volume. That was a very nice run. Take that seeking Alpha article and compare it to others before an since and you will notice that they are very much the same. The mid May run to .13+ was done on less than 20 million shares. This just had a one day run of 155 million that moved it a bit over a penny? The company will keep this within the current range and dilute it as much as possible in my opinion.
Of course you got filled, the company is diluting. Please share why you believe this is easy money? No one else seems to be able to explain this.
Decent volume this morning. They are soaking it up with dilution in my opinion.I doubt that they push it below a penny but they won't let it go up much either. They need the funds so you will likely see another PR soon for a boost. The quarterly losses suggest a burn rate of at least a couple of million shares a day just for expenses. Get your bids in they are dumping a lot this morning. LOL
The fact that you wrote so much and said so little speaks volumes about the dismal state of this company. They aren't able to qualify for decent loans. It appears that the only financing reasonably available to them is the selling of shares which is the reason they just doubled the authorized share count. They are even paying for services such as the added adviser in shares.
Classidocs has proven itself to be a failed product since the beginning. Quarterly losses continue for the life cycle of the current product mix. These products are seriously dated given the rate of software development in recent years. in my opinion the company developers, if any, are simply integrators who tailor acquired products in an attempt to satisfy niche opportunities like a couple of sports teams. Two teams after all this time?
They need fresh acquisitions to keep this going and are doing the same thing they did to the presplit shareholders in my opinion. This appears to be setting up as a perpetual cycle of dilution and reverse splits. I believe the majority of the buying which easily doubled the outstanding share count since July was due to the deceptive ZOOM PR line entries. Now it has been shown that ZOOM purchased another product to develop in house for the same purpose. I wonder how many of those traders will exit at the first opportunity after being deceived?
They have raised a lot of funds over the years talking. People here don't believe the hype after all this time. Tens of millions have went into this and its now worth very little. People are here because they have a good story and they are great at promoting it. Traders are here for the flip, they aren't so stupid to think that this is now an investment. the problem now is everyone "IS" here for the flip. Huge loading zone between here and .04 which represents a majority portion of the outstanding shares now. There is no organic growth because the product mix has already proven that it isn't capable. So since there will be no growth supporting a much higher price and given the increasing dilution it becomes a game of musical chairs. The company is pulling money out with the dilution so who will leave with what is left available and who simply gets caught holding? Who will be caught holding and finance this losing operation same as before the split? There will be many losers here as before and they all believe they will get rich.
Zero-Sum Game... The company is guaranteed to get their cut. I'm glad I stayed out after selling in July. I'm not rolling the dice above a penny. That is the new range for the bag holders. My humble opinion as always.
The shameless promoting by some makes me question their relationship with $ATDS. Even when points are revealed to be false they get repeated over and over. The ZOOM revenue generating relationship suggestions in the latest PRs are the best example of the deceptions.
On the IHUB $ATDS home page they fly a lot of logos. Like the load of bull over ZOOM, no one believes any of it anymore because is hearsay and innuendo. Finally after hundreds of millions of shares sold someone finally put the ZOOM nonsense to bed with their Matt Abenante QA. Post 105252;
MAKESOME79
Wednesday, 09/02/20 11:39:35 AM
Re: None 0
Post # of 105623
Hot this email this morning.
Sorry that we ran out of time for the Q&A. Addressing your questions:
Have you had any more interest in the NFL contracts?
Generally speaking, interest in the ARALOC Secure Sports Management Platform has increased within the sports world, including other sports leagues, professional and collegiate.
There was news release about Zoom. Are you working help them secure a better security for there platform and for its users?
The press release (https://data443.com/pr-data443-delivers-industry-first-privacy-scanner [data443.com]) refers to the Privacy Scanner that we’ve designed for Zoom users. Zoom recently acquired a company that they believe will help them in terms of privacy within their platform, to keep this function in-house.
Is there any plan to dilute any stock?
The dilution in the stock is a product of existing convertible notes, which we are working on extinguishing. We’ve negotiated standstills with several of our noteholders, and are working towards a solution that doesn’t place a cap on the upside potential for Data443.
How are you going to grow shareholder value? Is your plan to get on Nasdaq?
We believe a combination of growing our recurring revenue base organically, making accretive acquisitions with strong assets behind them, and decreasing our debt balance to more manageable, friendlier terms, all within this highly compelling industry environment, will only enhance our value to shareholders.
If you have any other questions, please let me know.
Regards,
Matt
Matthew Abenante, IRC
President
Strategic Investor Relations LLC
Office (646) 828-8710
Mobile (973) 908-0935
www.strategic-ir.com [strategic-ir.com]
Meeting Scheduler [outlook.office365.com]
Follow us on Twitter [twitter.com]
Follow us on LinkedIn [linkedin.com]
***********************************************
This message and the information contained herein are proprietary, confidential and may be privileged. If you are not the intended recipient please do not read, copy, disclose or distribute its contents to any party and notify the sender immediately.
?
They have this trading in the sweet spot for raising money. Traders will hold, accumulate, and not create competitive selling. They will keep it there when they promote again. That is why you didn't see much movement with the single day volume of 155 million. As the dilution builds so does the downward pressure on price.
Yes, I don't like this one over a penny. Looks like normal volume today. Maybe they let it breath this week and not drop another recycled PR. At this price level they need to push some more shares out there to cover the losses, acquisitions, and IOU shares to people like the new adviser. Maybe next week? One thing is for sure when they release another PR they will be pounding it with shares. Hitting traders with the same information every week simply shows how disingenuous they are. The dilution will eventually send this below a penny because the product viability only supported the price at a penny when the outstanding share count was half and less of what it is now. Take advantage of any pops if you can. Good luck.
It took a single day of 155 million share volume to get it to .024. Most of that dilution. right back to where it started. As the share count grows and they continue to produce nothing tangible, it will go lower. Good luck.
Reaper is back. Been calling this a buy since .04. People should read your mid July posts. Maybe $ATDS will reach new traders this week with yet another PR and have another 155 million volume day where it only goes up a penny or so. Then as usual, right back down. Instead of attacking posters why don't you offer an alternative explanation for this stocks performance? They are doing the exact same thing now as before the reverse split. Massive dilution and more acquisitions. This mornings presplit value of the tens of millions that went into this is .000015. Only eight months since the split left it with 9 million outstanding shares. Now easily over 500 million and growing. .70+ price in early January to a penny in 5 months. Great product right? Q2 loss of 2.5 million? How many shares do they need to sell to cover that alone. Am I wind baggy enough for you this morning? Same old $ATDS just new money going into it.
No need to hyperventilate will all that fluff. They will get another PR out this week. They need the funds.
The thing that the two have in common is that they are being held in the sweet spot where traders are willing to Hold, buy, accumulate but not sell. This is how they most effectively raise money. We know that the other has news pending in the pipe line which is what is holding the interest. $ATDS however has been promoting every week since the fund raiser started in mid July. The interest drops off quickly once they stop.
Tell me about it. I know the one that you are talking about and yes, like most others there, I'm having my ars handed to me. I don't consider that one a scam however. These OTC companies, you can't be too careful.
Got me?? I have always been very open about my positions on this stock. I'm a flipper of it from the get go. The only people who have made money on this stock other than the company are flippers with out exception. All one need to look at is the YTD chart showing lower highs and lower lows. The stock always at least returns to its previous low. The worst time to buy this stock is when they are promoting and selling shares in my opinion.
Sure, may as well dump 6 million shares at the open. Not sure why they stop there really. May as well dump 200 million to the penny and get it done. Will this stock be worth anything when they are done? Who is buying and why?
Yes, I haven't gotten back into this. A one day volume of 155 million shares couldn't move this much more than a penny and that was on recycled news. They are dumping too many shares into the these runs. By the time they let it up to breath it may bee too diluted to go anywhere. Soon you will probably have at least half or much more of the outstanding shares in under .04. The next trading space for flippers is under a penny in my opinion. I believe many will be trapped over penny and will create the stops for future runs.