Replies to post #84522 on Data443 Risk Mitigation Inc (ATDS)

[Ferda]

Sure sounds like CEO doesn't care about employees.

"The Company recently received a demand from a former consultant demanding payment of amounts purportedly owed to the consultant. The Company believes that no amounts are owed to the consultant. The Company is reviewing all relevant facts and circumstances and considering all available legal options."

Jason the CEO actually has nothing riding on this and can dilute the company down to .0001 while still making a decent profit. If he really wanted to have something riding on it he would have purchased Classidocs from himself for $1. Instead he attached the $1.5MM valuation to it and we have yet to see a shred of customer proof.

I too got swept up in the glamour of it all in the beginning. Many solid pieces of others DD really opened my eyes. At some point a CEO making all these bad calls goes from looking like a rookie to looking like a pre-meditated crook. USM* partnership, toxic lenders, and using otc prohibit lawyers are all huge red flags. The SEC registration could be revoked in a few months given the major issues and mysteries of the shell. I am eagerly awaiting any SEC comments to be posted. Seeing as how FINRA doesn't seem to think LDSR is worthy of a name change approval I can't help but wonder what the SEC will say.

[Zani]

This is why people should go by filing and not a speculative things like the stupid Zack/Goldman paid report, which the PPS and the projected revenue is far from where it needs to be. ;).

[Tjainlv]

Trow I agree with you we need to stay on topic and stop speculating. I was at a cybersecurity seminar hosted by Chase Bank last Thursday and they hired experts to speak. One of the speakers was a former FBI cybersecurity expert. He was focusing all his time on phishing threats and how to identify them. I raised my hand and said I’m sorry but fishing threats are important but not near as dangerous as all these large business data breaches. Fishing was more of a threat years ago. Now cyber criminals could easily go to the dark web and get all the personal data they need. The threats today are coming from all these data breaches and people’s personal information already compromised. Cyber criminals are well equipped now with all people’s personal data. We need to work on ways to better secure our data moving forward. He agreed and explained after the seminar that the room was filled with mostly CFO’s and they were addressing problems faced with online payments. So they were offering solutions they could bring back to the work environments such as fishing fire drills. However, to any IT professional it was a waste of time and a little frustrating seeing how clueless these CFO’s of large companies are. Data security breaches are far greater threats and the only way to successfully fight them is by changing our ways and educating the end users. When you look at what Data443 is doing and the products they offer. Thats exactly what they do. Building tomorrows security suite and simplify end user tools to help protect and secure our data. These changes will take time to educate and execute. However, partnering companies such as Techsystems and CyberArk will be able to execute these changes much quicker then any single company like Data443. GDPR regulations are an eye opener that will force companies to budget and address these new needs. Data443 is making all the right moves by working with these partnerships and going out and branding Jason’s expertise by speaking at these conventions such as this weeks Infosec world conference. Our company is evolving nicely in my opinion.

[stockvaper]

Thanks TROW. Always good to hear common sense here. I'm surprised, in a positive way, that Data443 is hiring so many people for customer and technical support (as well as accommodating the website for ease in support)) this early in the startup. The infrastructure is coming together nicely with ties to the right global partners to kick off a very interesting 2019.