Data443 Risk Mitigation Inc (ATDS)

[jsabre]

“On 15 January 2019 the Company converted $5,000 of a promissory note into 100,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act. “
5,000/ .00005 = 100,000,000

“On 07 February 2019 the Company converted $20,000 of a promissory note into 400,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.”

20,000/ .00005= 400,000,000

Both have been issued this year at BC beneficial Conversion Feature(BCF) of .00005