Data443 Risk Mitigation Inc (ATDS)

[Bubae]

Regular retail only holds less than 150K shares after that last split. I see yet another healthy increase in the outstanding share count now and Jason and Centurion hold most of the balance. Can't wait to see what happens when they start cashing out. They will need volume and more suckers to chase any news to dump them on. He will need to issue a lot more yet to unwind his ownership in Class "A" preferred and to pay off the crap software that he bought from Centurion for $3.4 million. That Centurion deal still wasn't complete per the last filing. Looks like Jason bought another pig in a poke.



Outstanding Shares 867,084----10/29/2021
Outstanding Shares 945,316----11/30/2021----+78,232
Outstanding Shares 981,149----12/31/2021----+35,833
Outstanding Shares 1,063,068---02/28/2022--- +81,919
Post split
Outstanding Shares 776,120 04/29/2022

Outstanding Shares 954,561 05/31/2022

For the quarterly period ended March 31, 2022
https://sec.report/Document/0001493152-22-014062/

On January 19, 2022, the Company entered into an Asset Purchase Agreement with Centurion Holdings I, LLC (“Centurion”) to acquire the intellectual property rights and certain assets collectively known as Centurion SmartShield Home and SmartShield Enterprise, patented technology that protects and recovers devices in the event of ransomware attacks. The total purchase price of $3,400,000 consists of: (i) a $250,000 cash payment at closing; (ii) the $2,900,00 promissory note issued by Data443 in favor of Centurion; and (iii) $250,000 in the form of a contingent payment. As of the filings date of these financial statements, the acquisition is still not completed.



NOTE 12: CAPITAL STOCK AND REVERSE STOCK SPLIT

On March 7, 2022, the Company filed an amendment to its Articles of Incorporation to effect a 1-for-8 reverse stock split of its issued and outstanding shares of common and preferred shares...
Common Stock


As of March 31, 2022, the Company is authorized to issue 1,000,000,000 shares of common stock with a par value of $0.001. All shares have equal voting rights, are non-assessable, and have one vote per share. The total number of shares of Company common stock issued and outstanding as of March 31, 2022 and December 31, 2021, respectively, was 148,367 and 122,044 shares, respectively.