Replies to post #89497 on Data443 Risk Mitigation Inc (ATDS)

[Pack220]

If my memory serves me right - Minimar (Canada) was notorious for bringing shells/micro caps from places like China to light. Remember 2007ish - it was all about emerging markets and the explosion of China, ect. Miro Zilac ?, I believe the CEO, eastern european origin - maybe ? It was all about the place and the time...I gambled, lost, and have waited patiently up to this day. What a journey with no regrets.

[TROW]

My inclination:

Emry Capital Inc
https://www.emrycapital.com/index.html

Shareholders Advocates Inc
https://www.accesswire.com/412464/Mina-Mar-Group-Re-launches-Shareholder-Advocates-Program-For-OTC-Issuers-In-Peril
(Notice the timing of this PR: 2014 when MMG sold Mona and LDSR.)

From the 8k MMG filed back in 2018:
https://www.otcmarkets.com/filing/html?id=12675876&guid=qrCyUKt5C5XR-yh

The convertible note payable, as of December 31, 2017 and 2016, consisted of two interest bearing notes payable due on demand to EMRY Capital Inc and Shareholder Advocates Inc (Note #1 sold to Emry Capital) from 2008 and convertible at the option of the holder into common shares at the conversion price of $0.0001 per share. The note consists a non-dilution provision whereby the company agreed not to enter into any further financing arrangements until the both note #1 and #2 are paid off.

I believe this was the 125k note that BC picked up in Feb of 2018.

It's a tangled web, but also in the 8k filed by a MMG representative they also claimed Emry was owed:

The Company has taken loan from Emry Capital before 2008. The North Carolina Company ignored the inclusion of debt of $500,000 which has now been restated in 2016 by increasing accumulated deficits and long term loans. This loan includes two notes amounting to $500,000 and one for $94,000. Together with interest it now amounts to $1,000,000 being interest rate of 12% per annum.

These are the claims that I believe Jason has stated in subsequent filings that he is challenging but it leads me to believe that the toxic/convertible financing was how MMG came to be in control of LDSR. Simply my opinion based off of this "bogus" 8k filing of course.

So we have Hubai shares tied to MMG, the convertible note tied to MMG and long term debts from 2008 that MMG are claiming they are owed. Hmmmmmm.... Beating MMG on all grounds would be what would breath life back into this ticker and makes it Data443's.

[JesusChristSuperstar]

LDSR was a scam then and it's a scam now.

Not difficult to figure out.