Data443 Risk Mitigation Inc (ATDS)

[Bubae]

Anyone still buying into this scam needs their heads examined. The S-8 pretty much says, yep, we screwed you out of your money, yes we will do it again as much as possible, and blame no one but yourselves. 🤣 So buyer beware because we absolutely have no "fiduciary duty" to act in your interest. If you trade this why not just send them a check because they WILL take you money. I have watched them do it for years.

FORM S-8
As filed with the Securities and Exchange Commission on December 27, 2023
https://www.otcmarkets.com/filing/html?id=17146277&guid=tEJ-kWFqhym6chh

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.