Data443 Risk Mitigation Inc (ATDS)

[nugnug]

These are my posts after the last conference call. If I had written them today, they would look very similar. Without Q3 revs and an end to dilution, I will finally decide to add and average down before year end. At that point it will be in the trips and worth the risk. GLTA.

Post # 61851 of 73221

While I am long on DATA443 and holding discounted shares from the run up to .02, I don't know how anyone who plays in the pennies can qualify the CC yesterday as "real good" They didn't discuss any of the things that pink investors focus on. Shell Status, acquisition funding, toxic debt, note conversions, revs, etc. The free ride is over for this ticker, now they must deliver.

The most important thing you can do at this stage of the game is keep penny investors from leaving. And they dropped the ball in every way yesterday. If they don't care about the pinky players, that's fine too, but then why have the CC at all. Yesterday's powerpoint presentation made no sense to me and lacked intent and direction. It was more like a "good ole college try". And if they take that to institutional investors, they will get laughed out of the room. Frankly, I feel insulted by them not answering any questions that I know they were asked over and over again in emails. If they don't think that institutional investors are going to ask about derivative liabilities, debt conversion, funding, and so on... they are in for a rude awakening. And I also know this from experience.

I am not going to dump my holdings and plan to ride it out because I like the technology and potential of Jason and the team. But I will not invest in any more shares as of now. If they don't come correct with Q3 Revs and updated shell cleanup, this thing will be in bad shape at year end.

Always, just my opinion and I wish success for all involved, including invested shareholders. I hope I am very wrong and this was just a mis-step on the road to success.

Post #61964 of 73221

Thank you for the thoughtful and well mannered response.

While I am not here to bash or downplay how impressed I am with the future laid out, I just think the presentation was geared for investors and it missed the mark. I think that is pretty obvious by the drop in share price.

I have experience with investor pitch meetings and they are about fundamentals, revenue guidance, shareholder value expectations, business sector analysis, timelines, product implementation, and human equity. If you don't think the recently released financials will get picked apart by financial experts, you are a bit misguided. And if they don't have very good answers, they will receive no investment.

Matt will not put anything in writing and only asks investors to call him. But he will not address any financial questions in writing. That speaks volumes to me.

I am not in the IT world anymore but started my career there and got my education in network technologies and architecture. I graduated and had my MSCE back when it meant something. I have been in a different field for many years and I am no longer privy to the current complications of data governance and security. I will defer to your opinion on these.

I am not down on the company or the possibilities for the future. I just don't see any concern for creating shareholder value at the current stage of development. I am not selling and still hold 1M+ shares. I just have my own opinion of how yesterday went.