Data443 Risk Mitigation Inc (ATDS)

[Bubae]

It seems that everyday posts helps warn some who don't know the character of the CEO that they are dealing with here. 3 splits in less than 3 years and doing it again right now in my opinion. The outstanding share count at the beginning of March after split 3 was only 125,000. Now at 2.3 million outstanding with even more in the pipeline in the notes. The share count before the last split was right at 1 million outstanding and the price was at least double the current price so it looks like another split is coming in the new year.

Jason is beginning to cash out his series "A" preferred shares and will need another split to cash out some more. Last split he exchanged 108K shares at .01 and did very well I'm sure. The revenue is declining and this business model of share selling may finally be unsustainable. I'm thinking Jason is cashing out while he can.