Data443 Risk Mitigation Inc (ATDS)

[Bubae]

I certainly misstated that number and it is much worse. LOL I haven't been paying much attention to this and apparently those buying big lots the past couple of weeks or haven't either. What a stinking mess. The big bump in the restricted shares was the regulation "D" offering last month. There must be some sort of anti dilution protections in that offering. 1.3 million new shares added to the OS since September 30th. 743K shares held at DTC and 914K of the OS is unrestricted so presumably 171K more are eligible to get into the game. Looking at the 1.4 million restricted minus the 829k that just went restricted we potentially have 642K shares that are eligible to go live on the unrestricted line. Why anyone would touch this with Jason's history is beyond me.



For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16200180&guid=0FG-kHadOtpnQth

Common stock

....During the nine months ended September 30, 2022, we issued Common stock as follows:

> 288,885 shares issued for conversion of debt;
> 6,631 shares issued upon the cash-less exercise of warrants;
> 380,952 shares issued for consideration under an asset purchase agreement;
> 108,000 shares issued for conversion of Series A preferred stock;
> 153,491 shares issued for services;
> 18,170 shares issued as a loan fee in connection with the issuance of promissory notes; and
>
829,000 shares were subscribed for cash pursuant to private placement offering.


As of September 30, 2022 and December 31, 2021, 1,078,173 and 122,044 shares of Common stock were issued and outstanding, respectively.