Replies to post #47145 on Data443 Risk Mitigation Inc (ATDS)

[abrantley]

You are losing me here a bit.
Jason got 1.2 billion shares for classidocs. However , it states they haven’t been issued at this time.

So if the 1.5 billion Chinese shares are null and void, then Jason can issue the 1.2 billion to himself for a net reduction of 300,000,000 shares.

Now, pose a good question, why would Jason want 1.2 billion shares. He already has 1 million preferred shares.

So he could convert the common back into more preferred ? 1.2 billion divided by 15,000 which gives 80,000 preferred shares.

Was a bit confused on your math before when you said he could convert his 1.5 billion into 1 million preferred. You are off by a factor of 10 too much. Converts into 100,000. Also, where did the extra 300,000 shares come from to give him 1.5 billion? Thx in advance