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stockvaper

12/12/18 2:42 PM

#75774 RE: Timetravelerdos #75769

Thanks TimeT.

"Data443 is also conducting an aggressive M&A campaign to complement its internally developed technologies. It has accessed the expertise of several advisors to help conduct this strategy in a timely and cost sensitive way."

Poster: This answers the question of the strategic partners...they provided what was needed...they weren't hired as full time employees.

"Data443 aims to provide a broad range of data security offerings, services and solutions. The company is pursuing a roll-up strategy within the cyber-security space and has announced several completed or pending transactions. 2018 has been a transformational year, in our view, as the company has completed two significant acquisitions, with others in the near- and medium-term pipeline. Management expects that its overall M&A pipeline will produce a combined annual revenue run-rate of roughly $8-$10 million."
Poster: There goes the "-" in the fin. stmts....thanks Jason.