Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Another $250 spent here. Not much. But the question remains, why?
What if the "consideration" given in exchange for the 1.5 billion shares was the Chinese company itself? That would make it a wholly owned subsidiary of LDSR/Data443. No?
That is because there is no amendment at all. Maybe someone just trying to stir up stuff. Or they are simply mistaken.
Where? Link?
you see that last trade? 625 shares @ .000035
How weird is that?
Looks like someone is dumping after the halt was put in place. And there is someone willing to buy. Hmmmm....???
So can anyone buy/sell shares now? Or is it limited to the MM's or insiders?
If trading is halted and there is no bid/ask, how did the 21 mil shares get sold?
And thank you for being PC (politically correct) as always.
It may just be wishful thinking here but I think announcement of the R/S at this level is just a smoke screen. I think it is hand in hand with the increase in A/S so the Chinese shares only represent 10%. Once the Chin shares are settled and are no longer out of JR's hands, the R/S will be called off for some "financial" reason. Then we grow organically to a point where a much smaller R/S will be needed to uplist. JMHO
Those were my thoughts exactly. That and it gives Jason a chance to buy back more at a cheaper price.
Could also have something to do with showing Hubai a portrait of a hand they're not gonna like, before they are slated to go to court at the end of August
I hope the R/S is off for some reason. One can dream.
GTSM, ARCA, and CDEL, have effectively taken their shares off the market by placing their asks where they have. Except of course for fat finger traders. There has to be a reason for this along with the basically no volume. I just hope its something good for once.
Why's it so quiet?
Very little action so far. Plus, 3 of the MM's have their ask at .0021 or higher. Hmmmm...
Pipe dream.....Jason cancels R/S and we soar above a penny.
Awful quiet!!!
Sounds good. Not sure where I would put my sell at with this one.
As far as LDSR is concerned, I'm hoping to at some time just to break even. Was up like 15k last year but trusted Jason too much. Oh well.
We are down to only 3 MM's on the ask at this time. I wonder what this means. Thoughts? Not fantasy dream thoughts please.
This is from the recent letter to shareholders. I think it puts to bed the thought that N8 deal will never close.
In order for us to have the opportunity to make similar deals that prove accretive to our top and bottom lines like ARALOC, ArcMail, N8 Identity and DataExpress, we need to be able to access the capital markets in order to fund these acquisitions.
So A/S is hit with a 1:250 R/S and our shares are hit with 1:750 ? How does that make sense. Sorry. You got me more confused with this post. Yeah, not the sharpest tool in the shed I guess.
(1) Amendment of our articles of incorporation (“Articles of Incorporation”) to provide for a decrease in the authorized shares of the Company’s common stock, $0.001 par value per share, from 15,000,000,000 shares to 60,000,000 shares (the “Authorized Common Stock Reduction”);
This is probably a stupid question but here it goes anyway. The reduction in A/S was from 15 bill to 60 mil. How is that a 1:750 R/S? Shouldn't it be 1:250?
Better for the company maybe but not for us at all!!!!
What was the point of raising the A/S from 8.8bil to 15Bil shares just prior to the R/S announcement?
All this positive stuff is fine but it doesn't change the fact that none of we individual shareholder are going to make squat. In fact, a lot of us stand to lose a lot. There is no reason they couldn't let it grow organically to a point where a much smaller R/S would have been needed to uplist. The company will be fine and I'm sure Jason will make big money no matter what happens. All on the backs of us, the little guys. JMHO
Wow, a 1 cent trade. We are on our way now
I would think it affects them as well. Dawsons two incentive/grants equal 50 million shares. No way to issue them post R/S. Unless they increase the A/S quite a bit. And if they are the crooks most here think they are, they will do precisely that.
Look at all his incentives and stock awards post R/S. He's getting hit just as hard as the rest of us. So are the companies that have gotten stock in lieu of cash in the acquisition deals. Not to mention Jason's own stocks. This makes no sense to do right now. I'm still hoping they put this out to tank the stock to buy more even cheaper. Unless Jason and Dawson are both total idiots. Which is yet to be proven otherwise. Why would even Jay from N8 even think of getting involved with this deal knowing any incentive he may have will be shrunk by the R/S. JMHO
Yeah yeah yeah. But the bottom line is that we investors won't make nearly as much coin with this R/S as we would have without it. He's raping us and that is that. As much as I hate to admit it, he's a crook, period!
The only thing I don't get is how he convinced anyone to sell their company to him for cash and shares when he is then going to reduce those shares to nothing. This also kills the 1.2 billion shares still owed him for Classidocs, right? Makes no sense to do this F'd up R/S.
There is an MM on Level II I don't think I've seen before. OLMN is on the bid side only. Thoughts?
Here's a pipe dream for you. They will cancel R/S and go back to growing organically. They announced it only to get the price down lower to buy back more. Again...just a pipe dream.
This is going to get to no bid and the shell will be emptied by selling all assets to some debt holder leaving us all holding bags.
So now we watch this tank for the next 20 days. Oh joy.
I posted here a while back about a conversation with Matt where he mentioned a 1:750 R/S and got a lot of crap for supposedly making it up. Hmmmm....
Is that a pulse I'm feeling?
Honestly, my one and only concern here is doing a reverse split at these levels. In my opinion, that would kill the stock and our holdings. Again, just my opinion.
Yes, but not in advance.
Big trade at .0011. Yikes!!!
I'm in.