Good responses for serious investors. You are correct, why would any customer of Data443 want potential hackers to know what software products are protecting their data?! I respect the CEO's work ethic, expertise, and self discipline for building a company by providing a Product(s) that other businesses need in a confidential and professional manner! There is not too much time for businesses to meet this May 25th EU deadline. Also when other companies are helped, revenues will flow and then TIME and money can be spent on financials...As for your comment about investors who are just here to flip the stock, let them flip, eventually most shares will be owned by long term investors! Please don't let those impatient investors push your anger buttons... Thank you very much!!

"If you are waiting for a contract announcement you can move on, no professional cyber security company will release client information"

"Do not be caught attempting to flip before financials are released, big regret there... to find out more about the company, their growth and the team I highly suggest reading this investor review at the RSA conference"

Many companies trying to ride the crypto wave are faring even worse than bitcoin itself.


http://money.cnn.com/2018/04/19/investing/riot-blockchain-sec-subpoena-crytptocurrency-bitcoin/index.html?iid=SF_River

Riot Blockchain's stock has plummeted 77% in 2018. (Bitcoin prices have plunged 40% in 2018.)

The bursting of the bitcoin bubble clearly is hurting Riot Blockchain (RIOT). But news worsened when the company disclosed to investors Wednesday that it had received a subpoena from the Securities and Exchange Commission.

Powered by SmartAsset.com

SMARTASSET.COM
The stock has fallen more than 10% in just the past two days ... and the worst may not be over.

Riot Blockchain used to be called Bioptix. It made fertility hormones for cows, horses and pigs. And it still does.

But Bioptix changed its name to Riot Blockchain last October and said its new focus "will be as a strategic investor and operator in the blockchain ecosystem with a particular focus on the Bitcoin and Ethereum blockchains."

The stock surged from about $5 a share to a high of $46.20 by December. Then cryptocurrencies, including bitcoin, ethereum, ripple and litecoin, started sinking. It's been all downhill for Riot Blockchain ever since.

Related: SEC suspends trading of once red-hot bitcoin stock

The company said in an SEC filing it "believes that many companies engaged in blockchain and cryptocurrency businesses have received subpoenas from the SEC which presents an additional industry risk."

Riot Blockchain added "the existence of an investigation ... could have a materially adverse effect on the company, its business or operations, and the industry as a whole."

Making matters worse, Riot Blockchain disclosed that the Nasdaq has warned it will delist the company's stock if it fails to hold an annual shareholder meeting soon.

The company said it did not have a quorum of shareholders but hoped to be able do so at a reconvened meeting it plans to hold no later than the middle of next month. But Riot Blockchain said there were no assurances it could get a quorum this time either.

Riot Blockchain is hardly the only company guilty of trying to cash in on the crypto craze.

Eastman Kodak (KODK)-- yes, the camera and film company -- launched its own KodakCoin.

LongFin (LFIN), a financial tech firm that recently went public, and initially skyrocketed after announcing that it bought a blockchain microlender, has lost nearly half of its value this year.

A company called Long Blockchain, (LBCC) which used to be known as Long Island Iced Tea, has plunged nearly 90%.

And shares of a small company called Nodechain (NODC) have dropped by more than 90% this year too. Nodechain got into the cryptocurrency mining business last December. Before that, it was a maker of electronic cigarettes called Vapetek.

That's one reason why the SEC and other regulators around the world are taking steps to crack down on fraud by companies seeking to take advantage of bitcoin mania, particularly those that are trying to raise money through initial coin offerings, or ICOs.

Related: Bitcoin plunges as social media cracks down on ICO ads

In an ICO, a company is selling digital currencies, as opposed to stock, to investors. But these sales are not regulated by the SEC as share offerings are in an initial public offering or IPO.

Regulators aren't the only ones growing more leery of cryptos though. Last month, Twitter (TWTR) banned ads for ICOs and token sales. Google (GOOGL) also said last month that it will begin restricting some crypto ads in June.

And Facebook (FB) announced in January it was prohibiting the sale of ads that "promote financial products and services that are frequently associated with misleading or deceptive promotional practices" -- which included ICOs and bitcoin.

So if the bitcoin bust continues, Riot Blockchain may find the business of helping get farm animals pregnant isn't so bad after all.

CNNMoney (New York)
First published April 19, 2018: 2:37 PM ET

The United States has cracked down on one of China's biggest tech companies, banning it from buying components from American firms.

http://money.cnn.com/2018/04/17/technology/zte-china-us-phones-ban/index.html?iid=ob_article_hotListpool

The move Monday by the US Commerce Department against ZTE (ZTCOF), which sells smartphones and other telecommunications equipment around the world, comes amid a tense clash between the United States and China over trade and technology.

On the same day, ZTE also received a blow from the UK government, which warned telecom companies against using the Chinese firm's equipment and services.

The US Commerce Department said that ZTE lied to American officials about punishing employees who violated US sanctions against North Korea and Iran. The Chinese company agreed to pay a $1.2 billion fine last year after a US investigation found it had illegally shipped telecommunications equipment to Iran and North Korea.

Related: China's ZTE: We must do more to reassure US officials

But instead of punishing those involved, "ZTE paid full bonuses to employees that had engaged in illegal conduct, and failed to issue letters of reprimand," the Commerce Department said in a statement.

As a result, the department said it has imposed a seven-year export ban on ZTE, forbidding American companies from selling parts and providing services to it.

ZTE's smartphones use microchips from Qualcomm (QCOM) and glass from Corning (CNIG).

ZTE said in a brief statement Tuesday that it is aware of the US ban.

"At present, the company is assessing the full range of potential implications that this event has on the company and is communicating with relevant parties proactively in order to respond accordingly," it said.

The company's shares were suspended from trading in Hong Kong on Tuesday following the US announcement...

Very insightful article. It is one thing to read about all the potential revenue streams for such a large company, but in the long term it is good to get insight into what it is actually like to work at Amazon compared to other companies...I have read other articles concerning sales taxes, but this one also highlights how they appear to negotiate over $1.2 Billion in tax subsidies from states and local governments, but the big eye opener is their potential to benefit more than any other company from onlines sales from the $70 Billion SNAP program, when it goes online.

I found this below article interesting as an active investor:


Activist Investor, Following Whole Foods Playbook, to Push for Changes at Pinnacle Foods

https://ih.advfn.com/p.php?pid=nmona&article=77221807

Jana Partners LLC has amassed a large stake in Pinnacle Foods Inc. and lined up possible board nominees in a push to make changes at the food company.

Jana has been accumulating a stake in Pinnacle for several quarters, as investors and analysts speculated whether Pinnacle would consider a sale to a larger packaged-food rival.

The activist investor's move largely mirrors actions it took last year when it pushed for changes at Whole Foods Market before its sale to Amazon.com Inc.

Pinnacle shares, which lag the market with a 6% decline this year, rose 7.8% to $59.50 in after-hours trading.

Jana disclosed a 9.1% "active" stake in Pinnacle in a securities filing Thursday and said it intended to reach the company's board and management to discuss actions to improve operations and lower costs. The investor said it would also push Pinnacle to explore "a sale or other consolidation opportunities" as a result of its scale in the frozen-foods sector.

As in the Whole Foods case, Jana is working with Glenn Murphy, who led the turnaround of Gap Inc. as the retailer's chief executive, and Diane Dietz, the former marketing officer of Safeway Inc.

A representative for Pinnacle couldn't be immediately reached for comment.

The investor is also working with James Lawrence, who had partnered with Jana in its investment in ConAgra Foods Inc., now called Conagra Brands Inc.

Pinnacle Foods, which owns well-known brands like Birds Eye frozen vegetables and Vlasic pickles, has been seen as a candidate for a deal for years.

In 2014, Pinnacle was nearly bought by Hillshire Brands Co., but Tyson Foods Inc. swooped in and bought Hillshire, canceling the Pinnacle deal.

Annie Gasparro contributed to this article.

Write to Maria Armental at maria.armental@wsj.com

Very Good Press Release! It looks like this company is marketing its business for partnerships and customers, instead of trying to promote its stock price...This is how long term revenues are generated, which will eventually attract more serious investors, imho. I can read from what certain people post on this board and other stock boards, whether or not they are in this company for the long term or not!

https://www.nasdaq.com/press-release/data443-leads-the-future-with-classification-ediscovery-and-gdpr-capabilities-for-blockchain-20180419-00892

Groundbreaking Approach Enables Secure Data Capabilities for the Growing Blockchain Ecosystem

SAN FRANCISCO, April 19, 2018 (GLOBE NEWSWIRE) -- Data443 Risk Mitigation, Inc., a leading data security company and current Early Stage Exhibitor at the 2018 RSA Conference, announced today that its award-winning data classification, governance, and eDiscovery product ClassiDocs™ supports advanced regulations like the General Data Protection Regulation (GDPR) and privacy legislation for the growing blockchain ecosystem. As the use of blockchain technology continues its rapid push beyond cryptocurrencies and into realms where personal data is stored and shared, the organizations that use the technology will be subject to data privacy regulations and additional international compliance requirements. ClassiDocs is able to apply classification capabilities for personally identifiable information (PII) and other information sets within a blockchain, which enables discovery, response, and remediation based on compliance mandates.


"The future of data is of course distributed and immutable," says Jason Remillard, CEO and founder of Data443 Risk Mitigation, Inc. "Distributed data technologies enabled by blockchain capabilities add a level of complexity when it comes to data privacy and regulatory compliance. ClassiDocs™ addresses this complexity with customized and explicit PII recognition capabilities coupled with enhanced enterprise data classification and extending enterprise data protection and digital rights management capabilities. It's truly a first-of-its-kind solution for the blockchain ecosystem."

Data443 launched public and validated "Validator" services in February 2018 to support the function and transactions of Ripple's ecosystem. But distributed ledger is only one segment of the rapidly growing blockchain-enabled marketplace. With Data443's ClassiDocs™, organizations and entities that use blockchain technology to store and share personal data, such as health records or taxpayer information, can enable compliance capabilities and data security requirements with GDPR and Payment Card Industry (PCI) data security standards.

Specific Features Include:

Scan authorized transactions of participating partners
Apply classification, reporting, repudiation, and governance actions related to the data set
Enable corporate policies for retention, audit, and compliance requirements
Enable compliance to existing enterprise and geographically specific data export requirements
The technology is available on a preview basis only and interested parties are invited to reach out to sales@data443.com to schedule a demonstration of the technology.

About DATA443 Risk Mitigation, Inc.

DATA443 Risk Mitigation, Inc. (OTCPK:LDSR) enables secure data - across local devices, network, cloud, and databases - at rest and in flight. ClassiDocs™, our award-winning data classification and governance technology, supports over 200 file types and 400 databases with a user-first, user-centric design that speeds ease of use and compliance-policy conformance without training. Data443 delivers classification, discovery, governance, GDPR compliance, and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time.

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See DATA443 Risk Mitigation, Inc.'s filings with the SEC, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

For Further Information

Follow us on Twitter: https://twitter.com/data443Risk

Follow us on Facebook: https://www.facebook.com/data443/

Signup for our Investor Newsletter: https://www.data443.com/investor-relations/

Signup for our Product Newsletter: https://www.data443.com/contact/

Contacts:

On site @ RSA:

Jason Remillard

jason@data443.com

Office: 919.526.1070 Ext. 99

Main Press Contact:

Susan Payne

Susan.Payne@data443.com

Office: 919.526.1070 Ext. 103

Investor Relations:

ir@data443.com

Office: 919.858.6542

SOURCE DATA443 Risk Mitigation, Inc.

Good Article! Facebook has already been getting fined in France and I read of a recent ruling in Germany, but the big fines in Europe may be coming up soon for GDPR non-compliance, which starts May 25, 2018, with fines up to 4% of annual turnover of a company...

Facebook fined by French Data Protection Regulator
https://www.privacy-europe.com/blog/facebook-fined-french-data-protection-regulator/
by Johanna Soetbeer, LL.M. | intersoft consulting services AG | Germany
May 17, 2017, 10:03 am | Leave a comment

Facebook – criticized by European Data Protection Regulators since years – has now been `slapped` by the French regulator and was found ‘guilty’ on violating French privacy laws with a fine of 150,000 €.

Violation of Privacy Laws
The French data protection authority, the Commission Nationale de l’Informatique (CNIL), has found the social media giant guilty for failing to prevent its users’ data being accessed by advertisers. According to the CNIL, users have been tracked by Facebook on websites other than their own social media platform without their knowledge. And this data has then been shared with advertisers for the purpose of targeted advertising, thetechportal reports. The investigation – which started by criticizm of Facebook`s practices from authorities in France, Belgium and the Netherlands – lasted two years.

Collecting data without Legal Basis
In the Netherlands, the Dutch DPA found that the Facebook Group uses sensitive personal data from users without their explicit consent, i.e. by showing targeted adverts based on people’s expressed sexual preferences. Facebook has stopped this practice, according to the Dutch regulator.

In France, the CNIL fined Facebook for six violations, including collecting information on users for advertising “without having a legal basis”, FinancialTimes reports. Last year, the CNIL had given Facebook a deadline to stop tracking non-users’ web activity without their consent and ordered the social network to stop some transfers of personal data to the United States.

Facebook argued that the Irish data protection authority, not the CNIL, was the competent authority for such investigations, as Facebook’s European headquarters are located in Dublin. But the CNIL did not share this view – and sanctioned Facebook accordingly…

And what does Facebook say…?
A Facebook spokesperson said, according to the FinancialTimes:

“Whilst we respectfully disagree with the CNIL’s findings, we value the opportunities we’ve had to engage with the CNIL and reinforce how seriously we take the privacy of people who use Facebook. Facebook has long complied with EU data protection law through our establishment in Ireland.”

150,000 € Fine for Facebook
Well, the question of the amount should be allowed – 150,000 €? For Facebook? The company`s recent quarterly revenue has been $8.01 billion and Facebook has a stock market capitalization which stands at around $435 billion… But, we only need to wait one year until the General Data Protection Regulation (GDPR) comes into force in May 2018. Then, fines up to 4 % of the annual turnover of a company or 20 million € are possible if the provisions of the GDPR are violated. Maybe Facebook will then be more careful to act in compliance with European Data Protection Laws…

Good News!Thank you. I am especially concerned with potential revenue opportunities per client and the below are cost estimates of what some companies plan to spend on GDPR compliance, if this will help see the opportunity for LDSR Revenue...

"GDPR spending. Of the respondents, 83 percent expect their GDPR spending to top six figures, with 42 percent expecting spending to be between $100,000 and $500,000, 23 percent estimating between $500,000 and $1 million, and 17 percent looking at more than $1 million, IAPP reports"

Are you prepared for the GDPR?
https://www.privacy-europe.com/blog/are-you-prepared-for-the-gdpr/
by Johanna Soetbeer, LL.M. | intersoft consulting services AG | Germany
June 12, 2017, 1:28 pm | Leave a comment

It`s less than a year until the General Data Protection Regulation (GDPR) will come into force – and companies in- and outside Europe should be getting ready to implement the new requirements. A survey now shows that there is still room for improvement...

The GDPR and its impact
In fact, the implementation of the requirements of the GDPR are a real new ‘compliance test’ for both small, medium-sized and international companies. They all face the same challenges; first of all a gap analysis will be necessary; data collection and data flows in the company need to be analysed, documented and assessed.
Afterwards, guidelines and technical and organizational measures will need to be implemented. And businesses should take this seriously: the highest fines for breaching the GDPR are €20 million, or 4 percent of total worldwide annual turnover, whichever is higher. EU regulators have made it clear they intend to go after high-profile brands as a way of forcing businesses to comply, digiday reports.

A lot of companies have not even started yet!
In their survey, “Privacy and the EU GDPR,” TrustArc, formerly known as TRUSTe, polled 204 privacy professionals from companies across several industries that are subject to the GDPR, IAPP reports.
Of those respondents, 61 percent said they have not started the process of GDPR implementation, while 23 percent said they have begun implementation, 11 percent stated their implementation is “well underway,” and four percent claimed to be fully compliant with the GDPR. Of the 61 percent who have not started implementation, 39 percent are working on their preliminary plan, 18 percent have a plan in place, but have not started implementation, and four percent haven’t started working on a plan at all.

Start with a plan!
According to IAPP, TrustArc CEO Chris Babel said he did not expect that so many companies are still in the very early phase of implementation.

“It’s not that this is impossible to achieve, it’s just that if you are in that phase of trying to figure out your plan, there’s going to be a lot of unopened cans of worms that you haven’t gotten to yet. What I’m more worried about is how many people are still in the phase of learning about requirements, learning about their own business processes, and they are going to have surprises there, because I haven’t seen anyone that hasn’t had a surprise yet.”

In terms of TrustArc’s GDPR research, another important part focused on GDPR spending. Of the respondents, 83 percent expect their GDPR spending to top six figures, with 42 percent expecting spending to be between $100,000 and $500,000, 23 percent estimating between $500,000 and $1 million, and 17 percent looking at more than $1 million, IAPP reports.

Not only European companies need to be prepared!
The deadline for compliance with the GDPR is May 25, 2018. The GDPR is already in effect, but there is a two-year period for adapting it.
The GDPR will be directly applicable in all EU Member States and also globally applicable – regardless of whether the processing of personal data takes place in the European Union or not (Art. 3 GDPR). Any business anywhere in the world with personal data from EU residents (offering goods and services in the EU or monitor behavior of EU residents) must abide by the provisions of the GDPR. This means, that global companies that maintain a website to solicit sales from potential EU customers will fall under the GDPR requirements, as JDSupra reported recently.

Key requirements
Some of the major requirements will be documentation and transparency:
The GDPR will bring increased documentation obligations to businesses. Inter alia, companies should document that they have an appropriate Data Protection Management System in place – in order to be able to mitigate possible risks, violations and fines according to the GDPR (Art. 83 (2) d, f GDPR).
Also, transparency requirements will increase (i.e. increased obligations for companies to inform data subjects, Art. 12-15 GDPR. Companies must inform data subjects in a “concise, transparent, intelligibleand easily accessible form, using clear and plain language”, Art. 12 (1) GDPR).
Art. 32 GDPR stipulates that appropriate technical and organizational measures to ensure a level of security appropriate to the risk need to be implemented.
There will be opening clauses for local laws and regulations of each EU Member State (e.g. employment data protection, DPO, fines).

Gap analysis
A “GDPR-gap analysis” should focus on the following:

Policies and procedures
Regulatory filings, records of processing activities
Information of data subjects (through privacy policies, information papers etc.)
Data transfer agreements and contract management
(Sub)Processor Information and Agreements
Data protection trainings, Art. 39 (1) GDPR
Role of Data Protection Officer

I think that European Union Countries, specifically Germany does not play around when it comes to Security and GDPR compliance...please see the end of this article for what I am referring to!

German court ruling on Facebook’s Privacy Settings
https://www.privacy-europe.com/blog/german-court-ruling-facebooks-privacy-settings/
by Johanna Soetbeer, LL.M. | intersoft consulting services AG | Germany
February 15, 2018, 3:46 pm | Leave a comment

From a data protection standpoint, it’s a crucial time for companies – in only three months, the GDPR will come into force, changing the whole European privacy world. And just now, a German court had to deal with privacy issues of a well-known company – facebook…

German court found facebook’s privacy settings not compliant with German data protection law
The Berlin Regional Court declared that Facebook failed to obtain the necessary consents from users to have their personal data used to attract advertisers, which violates German data protection law, thedrum reports. Facebook has also not done enough to alert people to the pre-ticked privacy settings on its mobile app, the register reports. Those settings included an option to share location data when in conversation with another user, and agreement that Google and other search engines could show links to user profiles in search results. According to the court, the company has to change their privacy settings for Germany and users shall not be forced to use their real names anymore.

Change of privacy settings
The company has been sued by the Verbraucherzentrale Bundesverband (vzbv), or Federation of German Consumer Organisations – and it has been an on-going dispute since 2015… Vzbv published a statement on its site, following the judgment issued by Berlin Regional Court.

Heiko Dünkel, litigation policy officer for the Federation, said:

“Facebook hides default settings that are not privacy-friendly in its privacy centre and does not provide sufficient information about this when users register. This does not meet the requirement for informed consent.”

Facebook said it will appeal against the decision. A spokeswoman said:

“We are reviewing this recent decision carefully and are pleased that the court agreed with us on a number of issues. Our products and policies have changed a lot since this case was brought, and further changes to our terms and Data Policy are anticipated later this year in light of upcoming changes to the law. We work hard to ensure that our policies are clear and easy to understand, and that all aspects of the Facebook Service are in compliance with applicable law.”

Privacy by design and privacy by default
Facebook said that it will change and update their privacy practices and policies with regards to the upcoming GDPR in May. However, the GDPR brings not only new requirements for certain information and consent issues. It will also be necessary to follow the principles of privacy by design and privacy by default, stipulated in Art. 25 of the GDPR. Those principles mean that a company must ensure that privacy is built in to a system during the whole life cycle of the system or process and that the strictest privacy settings should apply by default. Those principles will probably not be too easy to implement…

Good find! Look at how many companies across Germany this potential partner of Data443(LDSR) is working with...

"I wonder if this is another partnership? If you go to data443s website. Go to gdprengine, click read more on any of the articles and sends you to "Intersoft Consulting" website. Company based in Germany"


More than 600 companies across Germany have placed their trust in the external Data Protection Officers from intersoft consulting services. Our strengths lie in our highly-qualified team of consultants and in consultation programmes customized for both small and medium-sized enterprises as well as for major international concerns.

https://www.intersoft-consulting.de/en/data-protection-officer/

Good Morning! LDSR just out with a new report on EU companies at risk!

https://www.otcdynamics.com/ldsr-new-study-co-sponsored-by-data443-reveals-most-companies-at-risk-of-missing-gdpr-compliance-deadline/?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter

Research Validates Data443’s Approach to Deliver a Single-Product GDPR Solution for Data Classification, Governance, and eDiscovery

SAN FRANCISCO, April 17, 2018 (GLOBE NEWSWIRE) -- The 2018 GDPR Compliance Report released today by Crowd Research Partners and co-sponsored by Data443 Risk Mitigation, Inc. reveals that the majority of companies surveyed are at risk of missing the May 25 EU General Data Protection Regulation (GDPR) compliance deadline.

Based on the results of a comprehensive online survey of IT, cybersecurity and compliance professionals, the 2018 GDPR Compliance Report reveals that 60 percent of organizations are at risk of missing the GDPR deadline. Additionally, while 80 percent say GDPR is a top priority, many organizations are not staffed to comply.

“The GDPR represents sweeping changes to data security and protection for all companies operating within the European Union and beyond,” says Jason Remillard, founder and CEO of Data443. “The 2018 GDPR Compliance Report shows that 43 percent of companies lack the critical expertise and skills necessary to respond. This validates our approach in offering a single-product solution that meets GDPR challenges through a simple and easy interface that integrates seamlessly with existing infrastructure and includes critical capabilities to ensure all data is stored and utilized in accordance with GDPR requirements.”

Mounting a response to GDPR requires an accurate data inventory, data-classification scheme, and audit functions. Data443’s ClassiDocs™ enables a rapid time-to-value response that covers 12 articles of the GDPR. The product supports over 200 file types and 400 databases, across all data points – local devices, network, cloud, and databases, at rest and in flight – for quick, cost-effective GDPR compliance.


Data443 is at the RSA Conference 2018 taking place now in San Francisco. The company is exhibiting as part of the RSAC Early Stage Expo starting today at 4:30 p.m. at the Marriott Marquis, Yerba Buena Ballroom, Salon 9, Booth #1. Remillard will also present GDPR: It’s not too late! tomorrow, Wednesday, April 18 at 10:00 a.m. in the Marriott ESE Briefing Center on the expo floor. To schedule a conference or demo while at RSA, please use this link: https://data443.as.me/JasonRemillard

To better understand the market’s readiness for GDPR, Data443 co-sponsored the 2018 GDPR Compliance Report in partnership with Cybersecurity Insiders and the 400,000+ member Information Security Community on . The study was compiled by Crowd Research Partners (http://www.crowdresearchpartners.com). You may access the 2018 GDPR Compliance Report here: https://www.data443.com/rsa-pressroom/

About DATA443 Risk Mitigation, Inc.
DATA443 Risk Mitigation, Inc. (OTCPK:LDSR) enables secure data – across local devices, network, cloud, and databases – at rest and in flight. ClassiDocs™, our award-winning data classification and governance technology, supports over 200 file types and 400 databases with a user-first, user-centric design that speeds ease of use and compliance-policy conformance without training. Data443 delivers classification, discovery, governance, GDPR compliance, and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time.

Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See DATA443 Risk Mitigation, Inc.’s filings with the SEC, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

For Further Information
Follow us on : https://.com/data443Risk
Follow us on : https:// /data443/
Signup for our Investor Newsletter: https://www.data443.com/investor-relations/
Signup for our Product Newsletter: https://www.data443.com/contact/

Contacts:

On site RSA:
Jason Remillard
jason@data443.com
Office: 919.526.1070 Ext. 99

Main Press Contact:
Susan Payne
Susan.Payne@data443.com
Office: 919.526.1070 Ext. 103

Investor Relations:
ir@data443.com
Office: 919.858.6542

SOURCE DATA443 Risk Mitigation, Inc.

Anyone have an idea of who Amazon is using for this 2 hour delivery of Whole Foods Market products? Is it the Post Office? I would not think that this is possible with USPS or even UPS as they load up their trucks once a day in the morning...anyone know if it is Amazon's own trucks?
Thanks in Advance.

Amazon Expands Grocery Delivery from Whole Foods Market to Los Angeles

http://ih.advfn.com/p.php?pid=nmona&article=77138471

Prime members can enjoy free two-hour delivery for orders over $35 from Whole Foods Market

Ultra-fast delivery from Whole Foods Market available across greater Los Angeles and Orange County

(NASDAQ:AMZN)—Amazon and Whole Foods Market today launched free two-hour delivery of natural and organic products from Whole Foods Market through Prime Now in Los Angeles. Prime members across greater Los Angeles and Orange County – along the coast from Santa Monica to San Clemente, Pasadena to the North and Yorba Linda to the East – can shop through Prime Now for bestselling items including fresh produce, high-quality meat and seafood, everyday staples and other locally sourced items from Whole Foods Market. The service first launched in February 2018 and is now available in seven cities with plans for continued expansion across the U.S. throughout the rest of the year. Customers can start shopping from Whole Foods Market selection at www.primenow.com or by using the Prime Now app available on Android and iOS devices.

“We’ve been delighted with the customer response to free two-hour delivery through Prime Now, and we’re excited to bring the service to our Los Angeles area customers,” said Christina Minardi, Whole Foods Market Executive Vice President of Operations. “Today’s announcement is another way that we are continuing to expand access to our high-quality products and locally-sourced favorites.”

Prime customers can shop thousands of items across fresh and organic produce, bakery, dairy, meat and seafood, floral and everyday staples from Whole Foods Market available for free two-hour delivery. A wide selection of alcohol – including beer, wine and spirits – is also available for delivery to customers. Prime members receive two-hour delivery for free and ultra-fast delivery within one hour for $7.99 on orders of $35 or more.

Delivery from Whole Foods Market through Prime Now is available daily from 8 a.m. to 10 p.m. Customers can visit www.primenow.com or download the Prime Now app and enter their zip code to see if they are in the delivery area.

LDSR (Data443 https://www.data443.com/) Should establish a new 52 Week High this week, IMHO and move up from there with European Union GDPR compliance fines ($25 Million+ per company) beginning May 25th!

"Data443 will exhibit at the RSAC Early Stage Expo to be held at the Marriott Marquis, Yerba Buena Ballroom, Salon 9, Booth #1, beginning Tuesday, April 17 through Thursday, April 19. RSA attendees are also invited to a special briefing – GDPR: It’s not too late! – presented by Data443 founder and CEO, Jason Remillard on Wednesday, April 18 at 10:00 a.m. in the Marriott ESE Briefing Center on the expo floor."


http://money.cnn.com/2018/04/12/technology/data-protection-europe-gdpr-facebook-tech/index.html

A global tech earthquake is coming, and the epicenter is thousands of miles from Silicon Valley.

The European Union is preparing to enforce a sweeping new data protection law that gives consumers much more control over how their personal details are used. Companies are scrambling to comply.

Regulators say the new rules are necessary to protect consumers in an era of huge cyberattacks and data leaks, highlighted by Facebook's admission that the personal details of millions of its users were abused.

Here's what's going on:

What is it?

The General Data Protection Regulation (GDPR) comes into effect across the European Union on May 25.

It seeks to expand and update data rules that have been in place since 1995 -- long before hacks, security breaches and data leaks became a common occurrence.

The new rules give Europeans more control over their personal data. The European Commission said that a lack of trust in tech companies was the main motivation behind the new rules.

What does it mean for companies?

Any organization that holds or uses data on people inside the European Union is subject to the new rules, regardless of where is it based.

Companies that sell goods and services to people in Europe will be impacted, as well as organizations that monitor people's online behavior, for example by tracking browsing histories.

The rules mean Silicon Valley has to change some of its business practices. Facebook (FB), for example, has tens of million users in the European Union. So does Google (GOOGL).

Under the new law, companies will have to obtain an individual's consent in order to store and process personal data. Requests must be clear and written in plain language.

Organizations aren't allowed to hold data for longer than is necessary, and anyone can ask for their personal information to be deleted from a company's servers. There are only a few exceptions -- including if services cannot be provided without the data.

Firms may also have to prove they are handling data correctly -- this might mean increased monitoring and documentation. Some may have to hire data protection officers.

What does it mean for people?

Consumers can expect to see more privacy warnings and consent requests. These must be made separately, and cannot be bundled with general terms and conditions.

The rules mean that tech companies can no longer assume users want to hand over their data. Companies must now count on the opposite, and reflect that in their services and products.

For example: Rather than automatically signing a user up for a mailing list and later offering an unsubscribe option, companies now have to explicitly seek consent ahead of time. The default option when asking users if they want to subscribe must be "no."

Some brands are already asking consumers if they want to remain on email marketing lists.

Companies are also required to tell authorities about any data security breach within 72 hours of discovering it -- a rule that should eliminate big gaps between the business finding out and customers being informed.

What's the cost?

Making sure a business complies with the new rules is costly. Many large organizations have hired outside auditors and advisers to help make sure they are ready.

But the cost of breaking the rules is even higher.

European regulators can impose fines of at least €20 million ($25 million) or up to 4% of annual global sales, which for the big tech companies could run into billions of dollars.

I am not sure how this will directly affect Apple, anyone have any thoughts on this?

Will the US regulate Facebook? Europe is about to do just that

http://money.cnn.com/2018/04/12/technology/data-protection-europe-gdpr-facebook-tech/index.html

A global tech earthquake is coming, and the epicenter is thousands of miles from Silicon Valley.

The European Union is preparing to enforce a sweeping new data protection law that gives consumers much more control over how their personal details are used. Companies are scrambling to comply.

Regulators say the new rules are necessary to protect consumers in an era of huge cyberattacks and data leaks, highlighted by Facebook's admission that the personal details of millions of its users were abused.

Here's what's going on:

What is it?

The General Data Protection Regulation (GDPR) comes into effect across the European Union on May 25.

It seeks to expand and update data rules that have been in place since 1995 -- long before hacks, security breaches and data leaks became a common occurrence.

The new rules give Europeans more control over their personal data. The European Commission said that a lack of trust in tech companies was the main motivation behind the new rules.

What does it mean for companies?

Any organization that holds or uses data on people inside the European Union is subject to the new rules, regardless of where is it based.

Companies that sell goods and services to people in Europe will be impacted, as well as organizations that monitor people's online behavior, for example by tracking browsing histories.

The rules mean Silicon Valley has to change some of its business practices. Facebook (FB), for example, has tens of million users in the European Union. So does Google (GOOGL).

Under the new law, companies will have to obtain an individual's consent in order to store and process personal data. Requests must be clear and written in plain language.

Organizations aren't allowed to hold data for longer than is necessary, and anyone can ask for their personal information to be deleted from a company's servers. There are only a few exceptions -- including if services cannot be provided without the data.

Firms may also have to prove they are handling data correctly -- this might mean increased monitoring and documentation. Some may have to hire data protection officers.

What does it mean for people?

Consumers can expect to see more privacy warnings and consent requests. These must be made separately, and cannot be bundled with general terms and conditions.

The rules mean that tech companies can no longer assume users want to hand over their data. Companies must now count on the opposite, and reflect that in their services and products.

For example: Rather than automatically signing a user up for a mailing list and later offering an unsubscribe option, companies now have to explicitly seek consent ahead of time. The default option when asking users if they want to subscribe must be "no."

Some brands are already asking consumers if they want to remain on email marketing lists.

Companies are also required to tell authorities about any data security breach within 72 hours of discovering it -- a rule that should eliminate big gaps between the business finding out and customers being informed.

What's the cost?

Making sure a business complies with the new rules is costly. Many large organizations have hired outside auditors and advisers to help make sure they are ready.

But the cost of breaking the rules is even higher.

European regulators can impose fines of at least €20 million ($25 million) or up to 4% of annual global sales, which for the big tech companies could run into billions of dollars.

Hippityhop,

Thank you for sharing that article. It certainly includes quantifiable reasons why businesses in the European Union need to comply, and certainly would justify spending money with companies like LDSR to quickly gain compliance, in my humble opinion.



"What's the cost?

Making sure a business complies with the new rules is costly. Many large organizations have hired outside auditors and advisers to help make sure they are ready.

But the cost of breaking the rules is even higher.

European regulators can impose fines of at least €20 million ($25 million) or up to 4% of annual global sales, which for the big tech companies could run into billions of dollars."

Crudeoil24,

You bring up some very valid points for Amazon, as well as taxpayers to look at concerning using the USPS for our delivery.

Concerning taxpayers, why is the USPS, which was taken off budget back in President Nixon days, so as not be affected by a government shut down, have to pay 75 years into the future or about $5 Billion a year?

Concerning delivery of Amazon parcels, specifically whole foods large heavy food parcels, the USPS is just not set up for this with their LLV's (Long Life Vehicles) which are too small, most with no shelving, and they have no air conditioning to keep food from spoiling, imho. I know alot of people who work for the USPS and although they like their lifetime job security, they all complain about having to deliver Amazon's heavy food boxes, as their LLV's are just not set up for large heavy packages, like the companies you mentioned. Also, in my opinion, the USPS are no way as capable physically to handle these large parcels like many of the rugged people I also know working for FEDEX and UPS, imo. So, it would make alot of business sense for Amazon to consider having their own fleet(s) to protect their customers parcels and for much better service. Do you have any idea or have you read how much this word cost for ROI? Thank you or anyone else in advance!

"USPS pre funding pension definitely $$$$$ problem. Congress on both sides of the aisle are slackers. > these appointments taking forever. USPS needs to upgrade to larger delivery vehicles to handle AMZN parcels. Amazon may create their own freight carrier fleet similar to FEDEX/UPS."

Anyone have any thoughts on the chances of Amazon obtaining this very lucrative long term contract? TIA, Investors3

Amazon's Rivals Fear They Will Lose Out on Pentagon's Cloud-Computing Contract
https://ih.advfn.com/p.php?pid=nmona&article=77163087

WASHINGTON -- The Defense Department will release a revised list of requirements in the coming days for a hotly contested, multibillion-dollar contract to move the Pentagon's data into the cloud, and it says it won't give in on a central demand: awarding the business to a single winner.

Some computing companies vying for the cloud contract have been fighting to prevent the department from awarding the work to a single vendor, fearing that would guarantee Amazon.com Inc. the business. Already dominant in the private-sector cloud market, Amazon has been steadily winning government contracts for cloud services in recent years.

The Pentagon's Joint Enterprise Defense Infrastructure cloud contract, known by the acronym JEDI, could be worth billions over a decade, and is expected to be the biggest government contract ever for cloud computing. The impending deal has sparked a fierce lobbying fight among Amazon and rival computing giants, such as Oracle Corp. and Microsoft Corp., that are threatened by Amazon's rise.

Amazon's rivals have tried to slow down progress on the deal. Language was inserted in the omnibus spending bill passed in March that would require Defense Secretary Jim Mattis to report to Congress within 45 days on how the request for the JEDI bids was structured.

"There are concerns about the proposed duration of a single contract, questions about the best value for the taxpayer, and how to ensure the highest security is maintained," a summary of the appropriations language said.

But defense officials are forging ahead, arguing that awarding the cloud business to a single entity will protect the data and help the department meet the overarching goal of accelerating the adoption of cloud computing, including for forces in combat zones.

Timothy Van Name, the deputy director at the Pentagon office in charge of the procurement deal, told The Wall Street Journal Tuesday that the Pentagon plans to issue a new draft request for proposals from contractors "within the next week." The new request for proposals takes into account some of the criticism from Amazon's detractors this year, he said. But he disputed the charge that the process is tilted in Amazon's favor.

"We have no favorites," Mr. Van Name said. "We want competition, and we want it to be a fierce competition. That's in the best interests of the department and I think ultimately of the American people."

A spokeswoman for Amazon's cloud unit, Amazon Web Services, declined to comment.

Amazon Web Services has been raking in contracts as part of a multiyear shift in which government bodies ranging from the Central Intelligence Agency to the Smithsonian Institution are moving to store and analyze vast amounts of government data in the cloud, rather than in their own data centers.

The Pentagon contract fight also comes as President Donald Trump has lashed out at Amazon on Twitter, in broadsides that have led analysts to question whether he would take any action to blunt the rise of Amazon's government business.

Competitors say that if the Pentagon awards Amazon the latest deal, the company will have a lock on the government's business for years to come.

One of the greatest advantages Amazon has is the Pentagon's insistence that bidders provide a cloud that can handle unclassified, secret and top-secret data. Only Amazon so far has received government approvals to house its most highly classified data in the cloud, though representatives from other companies said they are making progress toward earning the same certification.

Mr. Van Name said the Pentagon believes a number of companies, including Amazon, are qualified to produce what the Defense Department is demanding in the contract. The department also says companies could form a joint venture in order to meet the qualifications to win the award.

Pentagon officials plan to offer the contract as a two-year base award, followed by options of five and three years, respectively, Mr. Van Name said. The department hopes to award the contract by the end of September.

Write to Ted Mann at ted.mann@wsj.com and Brody Mullins at brody.mullins@wsj.com

DiscoverGold,

Good article! Security is definitely important, here and in the EU; with new standards being enforced soon. Thank you.

"For the former, it is my opinion Apple will minorly benefit as security will become more important to a small subset of smartphone shoppers, many of whom will defect from Alphabet's Android to Apple or will more firmly lock them into the iOS ecosystem. It's likely most people will not change their behavior or limit their data."

Majobuki,

Although I am much more serious about large technology and biotechnology companies, below is an example of one penny stock (actually I have accumulated more in this one to date than LDSR, and I have a significant amount of LDSR shares...) that has filed a 10K, and you can read below where they disclose competition:

https://www.sec.gov/Archives/edgar/data/1017110/000101711016000028/f10k2015revbtli51116_10k.htm

"COMPETITION



We face competition from many companies, universities, and research institutions in the United States and abroad. Virtually, all of our competitors have substantially greater resources, experience in product commercialization, and obtaining regulatory approvals




for their products, operating experience, research and development, marketing capabilities, and manufacturing capabilities that we do. We will face competition from companies marketing existing products or developing new products for diseases targeted by our technologies. The development of new products for those diseases for which we are attempting to develop products could render our product candidates noncompetitive and obsolete.



Our current competitors include primarily, IDEXX Laboratories, Inc., Academic and government institutions are also carrying out a significant amount of research in the field of veterinary health, particularly in the field of Johne’s disease. We anticipate that these institutions will become more aggressive in pursuing patent protection and negotiating licensing arrangements to collect royalties for use of technology that they have developed and to market commercial products similar to those that we seek to develop, either on their own or in collaboration with competitors. Any resulting increase in the cost or decrease in the availability of technology or product candidates from these institutions may affect our business.



Competition with respect to our veterinary technologies and potential products is and will be based, among other things, on effectiveness, safety, reliability, availability, price, and patent protection. Another important factor will be the timing of market introduction of products that we may develop and for which we may receive regulatory approval. Accordingly, the speed with which we can develop products, complete the required animal studies or trials and approval processes and ultimately supply commercial quantities of the products to the market is expected to be an important competitive factor. Our competitive position will also depend upon our ability to attract and retain qualified personnel, to obtain patent protection or otherwise develop propriety products or processes, and to secure sufficient capital resources for the often-substantial period between technological conception and commercial sales.



Several attempts have been made to develop technologies that compete with F-PCR. To our knowledge none of these technologies have resulted to date in any product available on the market. The field of biotechnology is very dynamic. The possibility that more advanced technologies could be developed into products that may compete with ours is very strong. However, it is very difficult to predict the length of time necessary for this scenario to take place."

Tjainlv,

I for one, really appreciate when you share your knowledge about the functionality of this company's software compared to the software that competing company's currently have! I worked for many years at a very large hardware/software company in technical sales for their networking division and realize that when LDSR puts out their 10K, it should disclose the main competing companies; if any, but it would certainly help those of us who are in this company for the long term to see what the potential is for revenues and share price! Thank you in advance if you know this...as it might lock in some other long term investors beyond the conference and EU compliance deadline, imo.

"The major flaw I see from what I read about that product is everything is saved to a USB key that allows you to secure and access your data from other PC’s. The problem is for everyone who you want to protect data you will need to purchase an individual USB key and what happens if someone loses it or it gets in the wrong hands? ClassiDocs protects data from behind your firewall, protected data will never leave your firewall without proper authorization and possible a second and third verification process depending on how you set it up. What I do really like about that software is the marketing strategy."

" That's what baffles me on the share price implosion in which Acadia suffered just based on this one report. The severe risks associated with atypical antipsychotics has already been known for nearly two decades now. Consider this report from 2013, which was way before Nuplazid was ever approved by the FDA. Clinical evidence was already mounting and known for years that atypical antipsychotics cause the risk of death. That means the risks associated with Nuplazid shouldn't be an issues considering that the FDA and medical professionals have known about these problems for years."

Inoviorulez,

Thank you for that interesting report or presentation of factual opinion! I was still waiting to hear back from how they did at that conference, and was very surprised that all of a sudden serious negative accusations were being made about Acadia...it is always good to keep an open mind and listen to both sides, as it does affect the movement of a stock short term, but I am looking long term with this company and revenues are substantially up.

Thank you again.

I am more interested in them getting the 5 Million financing, but I agree with you that there appears to be a really small float. Did you see how such low volume really moved this stock yesterday? How small is the float?


"I bought in on the reinstatement dip l. I think that news is pretty big imo I am surprised we didn't see more buyers. I am holding for a lot higher the funding looks to be non diluting and float is small"

Tjainlv,

I don't think this 8K means anything to the stock as it does not have anything checked, no verbage, and even lists the wrong address for our company. When I saw a different name signing for this 8k, I thought that it was just a 5% or greater stockholder registering their shares, but nothing is listed! Anyone else see anything strange or incomplete about this 8K filing? Investors3

Landstar, Inc.

By: /s/ Zoran Cvetojevic

Preferred Shareholder

NOTE 8 - RESTATEMENT - LONG TERM DEBT



'The Company has taken loan from Emry Capital before 2008. The North Carolina Company ignored the inclusion of debt of $500,000 which has now been restated in 2016 by increasing accumulated deficits and long term loans. This loan includes two notes amounting to $500,000 and one for $94,000. Together with interest it now amounts to $1,000,000 being interest rate of 12% per annum.

This is the first time that I have seen this reported for new entity.
Anyone know if it is still valid and what the conversion rate would be if they cannot or choose to not pay the 12% interest payments? Thank you Stockvaper

Thank you for that article. You have consistently done some good research on this industry as i clicked on your latest posts up to 10 screens back and learned alot about this particular industry. Very few articles list competing companies to get an idea on potential market share or stock price, do you have any opinion on this. Thank you again!

Tjainlv,

I appreciate all of your insight on this stock, especially concerning the need and capabilities of their product(s) for your industry. Have you discussed with the CEO how big the market opportunity might be, never mind what percentage they (LDSR) hope to go after? I believe you were the first to bring up the importance of the opportunity below! I am really looking forward to this major event.

https://www.otcmarkets.com/stock/LDSR/news/DATA443-OTCPK-LDSR-ClassiDocs-Invited-to-2018-RSA-Conference-Early-Stage-Expo?id=187196

DATA443 (OTCPK: LDSR) ClassiDocs Invited to 2018 RSA Conference Early Stage ExpoPress Release | 03/26/2018
RALEIGH, N.C., March 26, 2018 (GLOBE NEWSWIRE) -- DATA443 Risk Mitigation, Inc., a leading data security company that is actively developing and acquiring cybersecurity, blockchain products and Data Privacy Compliance products - has been invited to exhibit at the RSA Conference Early Stage Expo for its award winning GDPR Compliance, Data Classification and Governance product – ClassiDocs.

“GDPR, Data Privacy and International data transfers across borders continue to be front page news. We have been preparing for this opportunity and look forward to announcing our latest products at the conference. The Early Stage Expo is a perfect opportunity to showcase our continuing market leading advantage in Data Classification, Governance and GDPR Compliance solutions.” said Jason Remillard, CEO & President of Data443...

I see that Genethera finally announced some serious financing:

https://www.sec.gov/Archives/edgar/data/1017110/000101711018000003/0001017110-18-000003-index.htm


"On November 20, 2017, the Company entered into a Stock Purchase Agreement in the amount of $250,000 for Preferred A Stock, as the first payment based on the Letter of Intent, which was executed on November 30, 2017.

On November 30, 2017, the Company entered into a Non-Binding Letter of Intent for $5,000,000 from an unrelated entity. On December 13, 2017, the Stock Purchase Agreement was finalized with the $250,000 investment with the Company. The Milestones are as follows: The initial investment was provided at the Sign of The Letter of Intent in the amount of $250,000; the Second Milestone entails for the Company to Finalize Lease Agreement in collaboration with GTI Research, Inc. to a Fully Operational Level, Complete GeneThera Financial Statement for the Form 10-Q period ending September 30, 2016 and file it with the Securities Exchange Commission on or before March 31, 2018 in the amount of $300,000. The third Milestone must cover GeneThera’s Regain of Full Compliance with the SEC Financial Requirements in the amount of $1,200,000; the Fourth Milestone covers the Design Assembly and Validation of Advanced Robotic System in the amount of $1,500,000 and the Sixth Milestone entails to Enter into an Agreement with Government Organization and/or Private Company."

Looking at their website, which may be out of date, it looks they are still focusing on food safety...even though there are other potential lucrative opportunities out there for their proprietary testing technologies, ie. look at the article that I previously posted!

http://www.genethera.net/en/index.php,

Any idea how Acadia's presentation was received at the annual Needham Healthcare Conference?

"ACADIA Pharmaceuticals Inc. (Nasdaq: ACAD), a biopharmaceutical company focused on the development and commercialization of innovative medicines that address unmet medical needs in central nervous system disorders, today announced that it will present at the 17th Annual Needham Healthcare Conference on Tuesday, March 27, 2018, at 11:30 a.m. Eastern Time in New York City."

CJake1,

What or whom is "DEAD here"? The stock, the company or just managements ability to get financing?

How effective would Genethera technology be in testing blood for
Walgreens? Seems like a huge opportunity!

http://www.nytimes.com/2016/07/09/business/theranos-elizabeth-holmes-ban.html?src=me&_r=0

United States regulators have banned Elizabeth Holmes, the chief executive of Theranos, from owning or operating a medical laboratory for at least two years, in a major setback for the embattled blood-testing start-up and its once widely lauded founder.

In a statement late Thursday, Theranos said the regulators revoked the certification of its Newark, Calif., laboratory and prohibited the laboratory from taking Medicare and Medicaid payments for its services. Regulators also levied a monetary penalty that Theranos did not specify. The sanctions take effect in 60 days, Theranos said.

Theranos represents the promise and the pitfalls of the start-up era, as money floods into young companies with new technologies in an effort to find a “unicorn” — a billion-dollar business that transforms its industry and makes its backers rich in the process. The high-profile start-up rose to prominence on the promise that it could detect health ailments by testing blood drawn cheaply by the mere prick of a finger.

The government scrutiny stemmed from questions about the effectiveness of Theranos’s technology and the way it operates its labs. Authorities who reviewed its practices last year found that all 81 patient results they inspected were inaccurate in a test of blood clotting administered from April to September on patients who take the blood thinner warfarin.

What Theranos and Ms. Holmes will do next is not clear. Lab operators have the right to appeal a canceled certification. Reached via email, an outside spokesman for the company declined to comment.





“We accept full responsibility for the issues at our laboratory in Newark, Calif., and have already worked to undertake comprehensive remedial actions,” Ms. Holmes said in a statement.

Theranos and its young founder in particular offered a compelling narrative in the crowded start-up universe: a brilliant college dropout with an audacious idea that would upend the medical testing business. Ms. Holmes invited comparisons to the Apple co-founder Steve Jobs because of her youth, her tight control of the company she founded and even her customary black turtleneck sweaters.

Ms. Holmes began the company in 2003 after dropping out of Stanford University at the age of 19. Her goal was to create a new way to perform blood tests that relied on a few drops of blood rather than the larger amounts medical testing often requires. Tests would be cheaper, the argument went, and more people would be inclined to get them. In interviews focused on Theranos’s success, she said the idea came from her fear of needles.

The idea had appeal. Theranos won backing from tech luminaries like the software mogul Larry Ellison, while the company counted Henry Kissinger, the former secretary of state, and the former Senate majority leader Bill Frist among its advisers. It also struck a deal with Walgreens, the drugstore chain, to perform tests. By last year, the company had assembled an eminent board of directors and commanded a valuation of about $9 billion.

But some people questioned the reliability of the tests, including former Theranos employees who took their concerns to federal regulators. Ms. Holmes defended the company publicly, especially after articles last year in The Wall Street Journal enumerated those concerns.

Still, federal inspectors found deficiencies in the Newark plant that could lead to inaccurate results, including inadequately trained employees and samples stored at the wrong temperature. Theranos promised to overhaul the plant and bring in a new slate of experts to fix its problems. Then, in April, Theranos said it was under criminal investigation from the United States Justice Department and disclosed another inquiry from the Securities and Exchange Commission.

As the scrutiny mounted, Theranos faced a cascade of problems. The company’s chief operating officer resigned and its alliance with Walgreens fell apart.

The sanctions disclosed on Thursday were leveled by the Centers for Medicare and Medicaid Services, an arm of the United States Department of Health and Human Services that regulates laboratory testing performed on humans.

In its statement, Theranos said it would shut down and rebuild its Newark lab “from the ground up” and bolster its personnel and training there. Theranos said it would stop patient testing at the Newark facility immediately, before the sanctions take effect in 60 days. The company will continue to offer services through its lab in Arizona, it said.





The company was “disappointed” with the decision, Ms. Holmes said in the statement, adding that Theranos was committed “to demonstrating our dedication to the highest standards of quality and compliance.”

Thank you for your vote of confidence in Apple. I just have found that suppliers can sometimes give some good insight into planned production numbers, and compare that to what a company states or quotes...Just found this message board/site recently and I wanted to try and benefit from others research.

"Wasn't many of the instances from suppliers?"

Yes, that is what I remember reading too. Employees are not the suppliers of produce and meat. We need to get at the source of the problem to solve it/them. I would hope that every restaurant/grocery store reminds employees to wash their hands after going the bathroom and right before they handle food.

So what has been done by this company to identify everywhere the E. Coli came from? Why don't they bring in some outside scientist or expert witness in E. Coli to go visit their suppliers and see everywhere the E. Coli was coming from, then maybe customers and we investors will feel comfortable or safe with our investments.
I did a search on another Colorado based company who has partnered with Hudson Robotics (who I am very familiar with) and came up with quite a few links to their research on E. Coli:

http://www.bing.com/search?q=e.+coli+vaccine+genethera&form=PRNWSB&mkt=en-us&refig=5098d55a8e4247a3ade4c6c8c2b73091&pq=e.+coli+vaccine+genethera&sc=0-19&sp=-1&qs=n&sk=

There is even a youtube video of some doctor that works for this company being interviewed by channel 4 in Denver:

Any updated quotes from Tim Cook or company spokespersons? That press release was just from yesterday, but includes a quote from 2013? I am not worried, but timely communication might help investor confidence!


Apple's Slowing iPhone Sales Take Bite Out of Suppliers' Revenue

TAIPEI--Companies that make parts for Apple Inc. are warning of lower first-half revenues, in a sign of slowing sales of the latest iPhones.

Taiwan Semiconductor Manufacturing Co., which manufactures the chips that run iPhones and other popular electronic devices, forecast Thursday its first-quarter revenue would decline by as much as 10.8% from the previous year, citing demand weakness for high-end smartphones.

Apple components contribute 20% of sales for TSMC, the world's largest contract chip maker, according to a Credit Suisse report...


A spokeswoman for Apple referred to comments made by Apple Chief Executive Tim Cook on an earnings call in 2013 during which he said it was difficult to accurately extrapolate business outlooks from individual data points in the supply chain.

"There's just an inordinately long list of things that would make any single data point not a great proxy for what's going on," he said at the time.

Janice,

This also has me concerned from one of the latest lawsuits: "The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) Chipotle's quality controls were not in compliance with applicable consumer and workplace safety regulations; (ii) Chipotle's quality controls were inadequate to safeguard consumer and employee health; and (iii) as a result of the foregoing, Chipotle's public statements were materially false and misleading at all relevant times.

During the week of August 18, 2015, approximately 100 customers and employees of a Chipotle restaurant in Simi Valley, California became ill. The Ventura County Environmental Health Division reported on September 4, 2015, that the illness was a norovirus outbreak. Health inspectors said that the Chipotle restaurant in question contained dirty and inoperative equipment, equipment directly linked to the sewer, and other sanitary and health violations.

In a similar case, between August 19 and September 3, 2015, about 64 people became sick from a Minnesota Chipotle. The Minnesota Department of Health reported on September 17, 2015, that the illness was salmonella, linked to tomatoes consumed at 22 Chipotle locations. The affected restaurants changed tomato suppliers but did not close their stores.

Additionally, Chipotle closed all of its restaurants in Portland, Oregon and Seattle, Washington, around November 1, 2015, following reports of approximately 20 cases of E. coli by Chipotle patrons. Following this news, Chipotle stock fell $16.23, or approximately 2.5%, to close at $624.00 on November 2, 2015.

In another situation, more than 140 Boston College students fell ill after dining at a Chipotle restaurant in Brighton, Massachusetts around December 2, 2015. Health officials confirmed on December 9, 2015, that the students had contracted norovirus. Following this news, between December 1 and December 9, 2015, Chipotle stock fell $32.73, or 5.6%, to close at $548.01 on December 9, 2015.

On January 6, 2016, pre-market, Chipotle announced that it was served in December 2015 with a federal subpoena, requiring the Company to produce extensive documents following the August 2014's criminal investigation of the dangerous norovirus outbreak in Simi Valley, California. Chipotle said in a filing with the Securities and Exchange Commission that the investigation is being conducted by the U.S. Attorney's Office for the Central District of California in conjunction with the Food and Drug Administration's Office of Criminal Investigations. Following this news, Chipotle stock fell $22.36, or 4.98%, to close at $426.67 on January 6, 2016."

"E-Coli" is serious, remember what it did to Jack in the Box?

I was just thinking about your reply about Hudson Robotics and Dr. Milicci "establishing relationships"...It sure looks like someone with his expertise and experience in food safety could help another Colorado company turn around their major problems, especially now that the U.S Attorney's Office from California and the U.S. Food and Drug Administration's office of criminal investigations have served subpoenas, according to USA Today...all because of their outbreaks of E-coli. Didn't I read in an old SEC Filing that this company did a lot of research on E-coli and helped some university work on a vaccine? Well get the Doctor on Chipotle's Board and then maybe they will help fund this company as a good investment OR for just the public relations benefit of showing that they really do care about "food safety". What do others think about this?

I just saw this press release. Hopefully his experience can make a real difference here at Acadia...anyone else have opinions on the potential of ACAD longterm? TIA

"“Jim brings extensive commercial experience to our Board as we continue our transition to an integrated pharmaceutical company,” said Leslie L. Iversen, Ph.D., Chairman of ACADIA’s Board of Directors. “Over the course of his career, Jim has successfully launched and commercialized major products in multiple therapeutic areas and built market-leading global franchises. His deep knowledge and expertise are welcome as we deliver on our vision of building a leading CNS company dedicated to improving the lives of patients through innovative medicines.”

Mr. Daly previously served as Executive Vice President and Chief Commercial Officer at Incyte Corporation from 2012 to 2015. During his tenure, he was instrumental in re-accelerating the launch of Jakafi® and driving sustained growth. Prior to joining Incyte, Mr. Daly worked for Amgen, Inc. for ten years, holding multiple leadership positions. In his last role, Mr. Daly served as Senior Vice President, North America Commercial Operations, Global Marketing and Commercial Development. Previously, he served as Vice President and General Manager of Amgen’s Oncology Business Unit. His teams at Amgen were responsible for the successful launch of many products, including Aranesp®, Neulasta®, Vectibix®, Nplate®, Xgeva® and Prolia®.

Previously, Mr. Daly spent over 16 years with Glaxo Wellcome/GlaxoSmithKline (GSK) where he held roles of increasing responsibility, including Senior Vice President, General Manager, Respiratory and Anti-Infective Business Unit, and led the U.S. launch of Advair®. He currently serves on the Board of Directors of Chimerix Inc. Mr. Daly earned his B.S. in Pharmacy and M.B.A. from the University at Buffalo, The State University of New York.

New Board of Director with applicable experience imo.

ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), a biopharmaceutical company focused on the development and commercialization of innovative medicines that address unmet medical needs in neurological and related central nervous system disorders, today announced that Daniel Soland has joined its Board of Directors. Mr. Soland is a seasoned pharmaceutical executive with over 30 years of experience in the biopharmaceutical industry.

“Dan brings a tremendous wealth of commercial experience to the Board and his perspective and insight will be welcomed as ACADIA advances NUPLAZID™ towards registration and prepares for the planned launch of NUPLAZID in the United States,” said Leslie L. Iversen, Ph.D., Chairman of ACADIA’s Board of Directors. “In addition to his extensive commercial experience in launching new drugs and life cycle management, he has led manufacturing and quality organizations and has been instrumental in driving growth in the companies he has served.”

Mr. Soland previously served as Senior Vice President and Chief Operating Officer of ViroPharma starting in 2008 until it was acquired in 2014, and as Vice President and Chief Commercial Officer of the Company from 2006 to 2008. During his tenure at ViroPharma, Mr. Soland managed the commercial, manufacturing and quality organizations, helped build the company’s commercial infrastructure in the United States, Europe, and Canada and led the launch of Cinryze®, one of the most successful ultra-orphan drugs in the United States. Mr. Soland served as President, Chiron Vaccines, of Chiron Corporation from 2005 to 2006 and led the growth of the vaccine business to over $1 billion in sales. From 2002 through 2005, Mr. Soland served as President and Chief Executive Officer of Epigenesis Pharmaceuticals. Earlier in his career, Mr. Soland worked for GlaxoSmithKline in increasing roles of responsibility from 1993 to 2002, including as Vice President and Director, Worldwide Marketing Operations, GSK Biologicals. He currently serves on the board of directors of Tarsa Therapeutics and DBV Technologies SA. Mr. Soland earned his B.S. in Pharmacy from the University of Iowa.

seems reasonable looking at other competitors stock price in this industry...

I know about Hudson Robotics. They are well respected: http://www.hudsonrobotics.com/news/press-release/ but what exactly do they hope to gain from a partnership with Genethera?
I read the press release about Genethera being concerned with milk and formula having a potential link to crohns disease, which is a serious concern for a lot of people, but who do they hope to get for customers to pay for this testing?

Looking at the price of their competitors stock price: http://finance.yahoo.com/q/co?s=ACAD+Competitors your prediction(s) look feasible.

They should 8K it.

I agree with you.