Replies to post #83446 on Data443 Risk Mitigation Inc (ATDS)

[trader59]

That note was not included in the restructuring, it is still intact with its original terms of conversion. The notes that were restructured were the new ones from February of last year, along with the Equity Purchase Agreement and Security Purchase Agreement. The financial notes that were issued with the last quarterly refers to that old note as well, with a separate description of the new notes from February with information about the subsequent restructuring.

That original note continues to convert @ $0.00005, and the last documented conversion happened on November 15th per the registration statement the company submitted in January.

Sorry, but that note still lives and will result in 1.5B shares sold into the O/S. Blue Citi would have to be nuts to give that up.