Data443 Risk Mitigation Inc (ATDS)

[Bubae]

Missed it, Thank you. I guess if you consider the contents of the S8 and know that 490,000 new shares are out there we can maybe jump to the conclusion of what to expect next. When they file a document regarding potential 'grossly negligent behavior' , then expect it in the future in my opinion. I suspect Centurion will receive as many shares as needed to close that $3.4 million deal.

Form S8 filing
https://www.otcmarkets.com/filing/conv_pdf?id=15755599&guid=lxKwkqHKGkcjdth

Item 6. Indemnification of Directors and Officers
Our Amended and Restated Articles of Incorporation (our “Articles”), provide to the fullest extent permitted by the Nevada Revised Statutes, that our
directors or officers shall not be personally liable to us or our stockholders for damages for breach of such director’s or officer’s fiduciary duty. The effect of this provision of our Articles is to eliminate our rights and our stockholders’ rights (through stockholders’ derivative suits on behalf of our company) to recover damages against a director or officer for breach of the fiduciary duty of care as a director or officer (including breaches resulting from negligent or grossly negligent behavior), except under certain situations defined by statute. We believe that the indemnification provisions in our Articles are necessary to attract and retain qualified persons as directors and officers.