Data443 Risk Mitigation Inc (ATDS)

[trader59]

Well, again, it isn't up to the judge to go perusing through websites, both parties will present their cases, and the judge will use the law to choose a winner. Jason, as the plaintiff, must first present a compelling case, something beyond "I tried to find these guys, but they didn't reply," that the shares are not owned by this other company even though the corporate financial documents say they are. That isn't easy since the "merger" is so dated and LDSR was adrift for a few years before being commandeered by Alessi.

This is only a "big deal" if Jason loses his case, those shares are currently not floating around in the market impacting the "supply" side of supply and demand when some new article on blockripple inspires people to move stock. Put another 1.5B shares in the hands of this Chinese company (or the unscrupulous lawyer who has set up as their representative), and those shares will be sitting on the ask waiting for someone to stumble in.