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That’s pretty cool stuff thank you for sharing. My problem is that I’ve always been sort of a tech addict. Meaning there wasn’t enough time in a day and I would lock myself in the room in till I absorbed what caught my interest sometimes for a week. As I got older I’ve learned to control that plus the fact technology advances at speeds that make it almost impossible to keep up. My last addiction has been in Cryptos and even that area expanded massively over the years and quickly. That’s what is about to happen with the technology Data443 centered themselves with now. I don’t know how it’s going to effect all of us LDSR share holders but his company is going to do very well.
That’s so funny, I remember well my father getting mad at me about a long distance bill. I think he wanted to kill me when my reply was “well dad, I need a faster modem” lol. However, mine luckily was only a couple hundred bucks one time but I can certainly understand how it could get out of control into a 6 digit charge. That was us discovering a whole new world for us to explore. We learned quickly to work around those charges and that’s all I’m going to say about that. Jason was an internet scrapper from way back just like us, we reminisced a little about that briefly.
Actually Microsoft was a video game company first. It’s funny because I used to download their games from the BBS. I would setup my modem before school in the morning and sometimes it would still be downloading when I got home from school. The only game people today may remember is their flight simulator program written for the IBM PC. People may remember it because I think they still make it and sell it today...the updated version of course...Windows came a few years later.
Data443/ClassiDocs is out of beta and into production phase they offers an additional level of protection that Microsoft doesn’t. Data443/ClassiDocs is a Microsoft partner meaning it’s all mapped and ready to work with most Microsoft products. I’m Microsoft Certified and that really doesn’t relate to this at all. You can imagine Data443/ClassiDocs more like a new type of extra level of protection installed like you would a virus protection or ransomware type software. They if you want to try and get a gauge it’s potential research and read about a company called Malwarebytes. It was created by a 12 year kid with not IT experience and has quickly grown to a multi billion dollar business. A very interesting story to read.
Everyone will eventually follow suit. The current regulations in this country were made in the 1990's. Technology has changed a lot since then and the old platforms have been proven to not be secure. Plus, as we evolve and companies start using cryptocurrencies everyone will need to be able to protect data. Many US companies are already paying hefty fines for jeopardizing customers data. I think that we are going to hear about this a lot and I'm glad to see the EU is serious about this. Better for all of us and especially better for the ones holding shares in a software company right in the middle of the storm.
I remember beta testing windows 3x back in the 80’s. I was just a kid and Microsoft was a small gaming company back then that had very little money. They tried hard to get people to invest and were constantly turned down. I use to tell everyone to put a few bucks in to this stock. I was told by supposedly very smart CPA’s and CEO bankers who said like it was fact that Microsoft would never amount to anything. I think if you YouTube one of Warren Buffets biggest regrets you find him talking about the fact he refused to invest in Microsoft when Bill Gates reaches out to him. This is the first time since then have I ever felt this way about another stock. This is the one and I feel more and more strongly about that every day. It is pretty exciting to watch this company come together. And I’m excited about what the future brings. Congratulations to all the long holders of this company.
That’s your opinion and we are all entitled to our opinion.
My opinion after working in the tech industry for over 30 years. I feel like I know the technology industry pretty well. I know that security software and protecting data is the most popular and fastest growing industry in the tech field right now. If my nephew said to me that he wanted to work in the IT industry and asked for advice. I would highly recommend data security.
I’ve seen ClassiDocs and it’s an outstanding software. I’ve spoken with Jason and he is very knowledgeable about data security and seems to me like an honest guy. So that’s what I’m invested in. In my opinion he has accomplished some incredible things so far. I look forward watching this company grow and I hope to watch this stock climb to new highs.
I understand your point. If it makes you feel any better in order to get into the IT Security Software business it takes deep pockets. If you look how much it costs just for development of software it's not unusual to see companies needing 10's of millions of dollars just to stay afloat. Then the big competitors try and squash you because they have huge pockets and spend it freely. The marketing budgets by these big companies is insane. Many times I get invitation to view a new software or hardware product. They spend $200.00 - $300.00 on each guest they invite and they invite 100's of IT guests. However, the return and reward in this industry could be incredible as we all already know. We can quickly be looking at billions over a short amount of time (years of course). So I have to say that 3.5 million is not bad at all. He's definitely not living high on the hog using that kind of money to build his business. I know that I feel lucky that he needed our money or we wouldn't be holding LDSR shares right now and he would have privately started this own company, quickly and easily.
That's an excellent question. So their is multiple software applications owned by Data443. Most of the time they are offered from software companies as addon's because some companies may only need one form of protection. So if you were to purchase this directly from Data443 you would probably purchase ClassiDocs and add other areas of protection as needed. This will come with a one time fee for the program and if you need special mapping to work with existing software then they will be billed out accordingly by whatever Data443 decides is a fair hourly price for their time to charge. The price structure is also determined by how many PC's and internal servers are hosting the software and what you want to protect. Then every month Data443 charges a monthly fee for the protection services which usually includes updates and support. Sometimes support is billed extra depending on what kind of support is needed. We host some small vendor written software at my place of work and each time there is a major update we need to hire special service to update our interface and write a patch so it will continue to work properly. This happens a lot with businesses especially in the financial industry. Then you have revenues coming in from Data443's vendors who may bundle up software packages differently and offer them to their customers. Data443 most likely shares in that initial setup money and in whatever monthly fee gets agreed upon.
We shouldn't get caught up on revenue. This company is making money and a lot of it. It's making more money then any of us in this room could imagine including me. This is my opinion based on all the information I've gathered over the months and from my many years working in the tech industry. When something is hot and new everyone flocks to it, especially when they see the company at major shows like the RSA convention and the one in NC and in June they will be at another major show in Europe. If I were to have to guess I would conservatively say that Data443 is making more money then they can count. The questions shouldn't be if they are making money it should be what are they doing with it and how is it going to effect our stock structure and share price?
So just to clarify what May 25th GDPR deadline means and doesn't mean. The EU is not going on a witch hunt after May 25th to search for businesses not in compliance and to fine them. What this does means is for any business who gets hacked or has a data breach of data on or after May 25th will be subject to huge government fines if they are not in compliance with new GDPR regulations. This will also expose businesses to huge law suits besides hefty fines. The date that is going to be most significant is the first time a business that hasn't upgraded to GDPR compliant software and they get their data breached after May 25th. Once the press reports it and they are made an example of. Everyone will panic and stumble over each other to become compliant.
I definitely have enough shares...I’m a strong believer in the expression ‘pigs get fat, hogs get slaughtered’
Like it or not I do believe Clay was spot on today with his charting...
I thought that very same thing. However, what if he had planned to grow ClassiDocs as president through another company and that plan wasn’t maturing in time to have the ability to launch his software before the GDPR deadline? Could buying a shell be the only way he could get funding in time? Launching a new software is very expensive and risky. No banks or private money is going to find him right out of the gate.
You and I could be soulmates! You complete me on the Stock side...thank you for explaining so clearly and intelligently...much appreciated...goodnight
Becoming a validator for Ripple isn’t what’s important. The entire financial industry and governments main problem with cryptocurrency is there has been no way to securely track a transaction or trace it to anyone. Data443’s association with becoming a level II validator just positions him on the inside. That’s why he chose Ripple because Ripple is created and designed specifically for the financial industry and is easiest to work with because it’s completely man made and not a mined currency. In the background he’s providing data security associated with every transaction. This way when Joe sends Ripple to Jane there is an electric trail that is secure based on Data443’s ability to secure data on a blockchain. That’s why I say it’s revolutionary and after everyone pats themselves on the backs and shows the world how simple and safe it is. Data443 will be the leader in securing blockchain cryptocurrencies of any kind...Bitcoin, Litecoin, Monero, Etherium etc...
This can easily happen very quickly and businesses can’t afford to wait because not being fully equipped with the ability to use this technology can bankrupt a huge company quickly.
Erin, I thought the same thing about ClassiDocs but then when he associated his business with the Law firm I felt better about it. My question would is let’s say Data443 makes a billion dollars will that have to increase the stock share price or can it be diluted in till he decides to do a reverse split or something else to keep the share price from increasing?
I agree with you Erin. We finished in the green and received some direction of what his intentions are. Good day
Those aren’t buzzwords...that’s the software....I don’t think they mentioned anything that wasn’t relevant.
Let’s be realistic here did we really think we were going to all have boat loads of money from this penny stock that just made its very first quarter report? Let’s get to .02 then .03 etc...and enjoy the ride up
I think it’s more like a royal flush draw and doesn’t want everyone going all in before all the cards are exposed.
So if they had released revenue and it was outstanding we would still have people selling. If they released revenue that people didn’t like people would be selling. I remember when this stock kept climbing from .0001 to .026 without any news or revenue. Now we know for a fact that this has reason to climb and the fact that it’s unpredictable in my opinion is a good thing. If this keeps climbing like it’s been I think it would be crazy to sell. If this ever skyrockets I think it will happen at a time we least expect it.
So the revenue section was left blank. This is the first quarter report ending March 31. From what I've been reading they don't have to show revenue. I'm kind of glad they didn't. In my opinion things are going to get real interesting from here. The investors who truly believe in this company feel like this company is making money, has a great product and amazing potential. I think if they did include revenue things would be worse. For all us longs let's work with what we have and now worry so much about revenue.
Wood...I like the way you think. However, you’re limiting your vision. I’m going to make a tech psychic prediction and say.... Even though we hear a lot about Ripple and Data443 at the moment. Data443 software will work with every crypto currency. Once Ripple sets the foundation and completes all the behind the scenes beta testing. Data443 could very possibly become the branded leader of how we use all Crypto currencies.
I feel great about this software and team LDSR. I wish the stock structure was clearer. My position is as transparent as Wonder Women’s airplane. I’m an LDSR hoarder from way back!
My LDSR prediction is let’s get to .02 cents first again, then 03 cents and then to infinity and beyond!
These blind predictions is turning this board into the Psychic Stock line
I agree...However, I the fact they are even reporting financials will be great news
USA companies are very concerned with data protection. After the EU is done we are most likely going to follow suit. We have a huge problem in this world with protecting our data and everyone needs to upgrade to a new software
Very true...plus is company requires special additional needs like mapping the software to a specialty or exclusive written software. That can get costly plus you have your monthly income for support and updates.
However, what I’m hearing is that businesses are starting to panic and GDPR software companies can’t keep up with the demand. Some companies are offering express service pricing. Basically charging businesses that waited till now big fees to get them in compliance before the deadline. I remember before the Y2K scare companies paid ridiculous numbers to get a fugazzi install...it was insane good CIO’s were saying we’ll be fine while CEO’s said name your price and tell me who to make the check to.
I believe ClassiDocs is his trademarked product owned by Data443 Jasons legal business name.
So ClassiDocs has been in production for many years and in beta testing levels over the last two years. However, I don’t believe it’s been selling on the market for longer then at the most 8 months.
Extremely safe...it breaks up bits and sectors of 0’s and 1’s and spreads them across the entire blockchain. Making it impossible to hack at the moment. Plus, the technology makes it easier to catch attempting hackers.
This was a good article. It just says it like it is. Thanks for sharing
I think I put one to many zeros in my last post. But you guys will know what I mean. It’s late
I’ll try and address this...I’m a veteran of LDSR with an IT professional background. I recognized this product early on. For those who were here back then you’ll remember all we knew was the owners of the shell had worked with IBM’s Watson computer to analysis the crypto market and we thought this was some new crypto regulating software. When more information was released right away I spoke with Jason and researched it from a tech side. The stock was bouncing from .00001 to .00003. After verifying the product and researching a little of the history. I told all my friends and family to invest a few bucks. At the time no one listened except one friend from work. He bought in at .0004. As it climbed some jumped in and some are still waiting for financials. I’m sure it’s the same thing with Jason. All you can do is mention it to people. What people do is totally up to them. I know Jason was very careful not to mention a word about the investment portion because of high confidentiality agreements and would only discuss the technology of his software. So like anything else there is no guarantees and still none.
Hi Erin...I don’t have pm access or I would have... thank you...work was busy today. It took awhile however I now have most of my shares locked up...I appreciate you...best, Tom
Owning shares of this company is like buying an admission ticket to a mystery movie. Jason is the screen writer, director and executive producer. We speculate what's going to happen next to try and figure out his ultimate plan. So we watch him targeting fortune 100 companies ranging from small to medium sized businesses with an emphasis on financial institutions. Jason leads us to believe that the big picture here is creating an award winning software to solve the worlds data security problems and meet all the new government compliance's. However, the plot thickens. While all the financial companies scramble around to meet the GDPR deadline. Jason throws out a smooth press release less than 10 days before the GDPR deadline pretty much saying... oh yea by the way while you're looking for award winning software to protect your data keep in mind we also work with blockchain technology and are leading the data testing with Ripple currency. If you're a CIO, CEO or CFO of a company how can you not say hey wait a second I need to see ClassiDocs. It's like finding a new planet equal to earth. All eyes are going to be on the new state of the art software well prepared for the unknown. We own more than shares of a security software company here. We own part of history in the making. Cryptocurrency is the biggest thing to hit the technology industry since email.
Ahhh...I will try and setup multiple sell orders tomorrow...I appreciate the help, thank you.
Erin, the person questioning the digital signature was a basher.
Earlier today I was reading one of Yiannisf suggestings to place a limit sell order for like $2.00 a share. Something about taking the shares out of commission for shorting. Anyway, I went into my eTrade account to try and set this up and my orders kept getting rejected. I called eTrade and they told me that the market makers keep canceling my orders because of Notional value. I tried placing a limit for lesser amounts per share and the same thing kept happening. I read a little about this online but is anyone familial with how Notional value effects placing a limit sell order for LDSR? Should I keep trying to lock my shares up like this? If this is beneficial to us longs then please let me know how to proceed.
I love your perspective. It makes perfect sense and would be the best case scenario for us longs. I don’t know why they would care about what the competition thinks. From what I am gathering in the IT world. Everyone in this market has more business than they can handle. Plus, if they really wanted to find out what the competition is doing I’m sure it would be simple. Erin you are a smart cookie...too bad you weren’t in Vegas I would let you give us a quote on our business and auto insurance. Thank you for your posts.
As long as LDSR keeps slowly going up who cares if they ever report finances? I for one hope they never report and keep all the flippers wondering.
We’ll definitely see something soon enough. I’m not expecting any huge numbers either way. Doesn’t the quarter end in March? Most of the sales came in after the RSA in April. So those will probably show up in the second quarter reports. However, from what I’ve gathered, we’ll all get some questions and concerned answered with reports. All I know for sure is the software is outstanding and very needed in the IT world.