Data443 Risk Mitigation Inc (ATDS)

[Sturgis]

Here’s another question. Since we’re doing a Re-IPO and more than likely going to The NYSE. What do you think the opening price will be? Given our biggest competitor is Varonis which trades at $87. I have a very low ball guess: The preliminary prospectus or (Red Herring) states Data443 will be raising $5 million. With a little over 4 million shares.Max. This automatically gives us a price of $1.25. But then you have to add in fees and the 10% that PAG gets so that would make it . $1.75. NYSE cyber security stock trading @ $1.75. Lol. Not. So that’s not it. PAG is already setting up its syndicate of investment banks. They will more than likely get their estimate figures from industry comparables and business plan rather than financials. Since they obviously know this is a rapidly growing and needed technology. Also they know Data443 is an emerging growth company with a CEO stating his talent is weak in the financial segment. So, this gives the big financial people an entrance to help guide Jason along. Now that they hold this position they can guarantee their investment and help a company grow. That being said. Since they are in the loop of setting a price along with supply and demand. Now demand will go up that’s a given. Supply on the other hand is pretty low actually. Now let’s make a low ball guess where the price will open. We start off with Data443 strongest competitor in the comparable industry. Varonis @ $87 a share. This is the long range number the investment bankers are going to see. But our number is $1.75. They will automatically cut the $87 in half taking that number right off the table. $43.50 now. Now they will say but we have risk. So we’ll just cut that number in half and take that number off the table. $21.75. Then they say we will supply guidance so this gives us security and less risk so we’ll average the high and the low. $21.75+$1.75=$23.50 / 2 = $11.75. Then they hand that number over to the underwriter. In which he looks over everything and decides he would like just a little more comfort so he drops it to $10. Now since you have to be above $5 to trade on the NYSE I will average those two numbers. So. $7.50 becomes the very low ball number. Now factor in supply and demand again. Then after opening throw in some news about N8 and another acquisition. Bam!!! All in my opinion