Data443 Risk Mitigation Inc (ATDS)

[Bubae]

They have been playing games with the stock ever since they repriced $1 million in regulation "D" shares to .02. Jason turned 931K shares into 46.5 million to try and bail out the regulation "D" offering buyers and some should already be vested. I have to wonder how many shares they are actually converting and how many in this market don't realize what is going on. Once they get a decent bid build the dumping will need to begin again.

The best way to teach Jason a lesson is to strand investors like those who bought into the regulation "D" last summer. Jason can't raise money if he can no longer get these worthless shares sold to the hapless retail market. This company's shares have been virtually worthless to retail traders for at least 2 years.

For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16432850&guid=gFA-k6fu0R9DB3h

Between August 25, 2022, and November 7, 2022, we sold 931,000 shares of Common Stock to 39 accredited investors in a private placement offering, in exchange for $931,000.

Form 8K
https://www.otcmarkets.com/filing/html?id=16510566&guid=NiA-kq-5bLW3Qth

... we offered and sold to the Investors a total of 931,000 shares of our common stock, par value $0.001 (the “Common Stock”), at a purchase price of $1.00 per share, for aggregate gross proceeds of approximately $931,000....

On March 17, 2023, we amended the terms of the Original SPA (as amended, the “Amended SPA”). Under the Amended SPA, the number of shares received by each Investor will be multiplied by 50.