Replies to post #84617 on Data443 Risk Mitigation Inc (ATDS)

[Zani]

1. The recent Zack's report.
https://s1.q4cdn.com/460208960/files/News/2018/Zacks_SCR_Research_12102018_LDSR_Marin.pdf

One key point that I would say to take notice on is Zack's put out this report in early December and they absolutely nailed where the share structure was estimated to be for their 2018E. 5,175,364,000. According to the Form 10 recently filed the share structure was 5,112,210,803. (Pretty darn close IMO) Another thing to take interest in, is Zack's is expecting the SS to go down for 2019... Wonder how that's gonna happen with all the shares Blue Citi is supposedly diluting into the marketplace... wink I believe Zack's is fully aware of the impact of BlueCiti shares btw, otherwise they wouldn't be that great of analysts and no one would pay them to make reports...

Isn't that speculation? For starters it is a 'speculative' report.

Secondly as I already pointed out previous, the same report put 3Q18 at 5,700,729 shares (which is wrong per 3Q18 report) then 4,650,000 at 4Q18. So we don't even need wait till next year. We should already see a reduction of SS in 4Q!

Awaiting the invisible buyback to show up on 4Q18 report now. Very exciting for all investors.

[BullMarket34]

He’s registering with the SEC because he still wants his business to progress.

Just because he’s registering with the SEC doesn’t mean he has to stop using retail investors as his personal piggy bank, with absolutely no regard for shareholder value. He’s just gonna pull a massive RS after he’s done raping us and move his company to Nasdaq. That’s why he registered. Not for us pink sheet penny stock investors.


And as for proof of dilution, we can assume the shares are being converted and SOLD, because the first 500M shares they converted were sold — proof? The float increased by 500M. So it’s safe to assume that they’re selling the rest. But, that’s still not definitive proof.

With that being said, toxic note holders don’t just convert shares and hold them. Nor is the company buying them back. They have 3 additional notes on top of the big one, so if they had enough cash laying around to buy those shares being converted, they wouldn’t have the need to take out more convertibles. Furthermore, it’s against NVSOS rules to buy back shares if you can not first pay off your existing debt (simply have the ability to).


So those shares are 100% being convert AND SOLD. You can also see the dilution by just looking at L2. It’s clear as day.