Replies to post #89919 on Data443 Risk Mitigation Inc (ATDS)

[WalkInClouds]

I know you asked Tennis but here’s my opinion while you wait for his...
Personally, it makes absolutely no sense for a RS to happen at these levels, especially after the new partners and acquisitions we have, that own LDSR shares. That would be stabbing them in the back IMO.
Only RS I see happening is when this stock makes it to pennies or higher and uplists to QB. After that happens the only way they’re going to qualify for a NASDAQ uplist is if they can get the share price to a nickel or a dime. That will be when a RS needs to happen for the growth of the stock.
Let’s say we have a hypothetical 10b OS at a share price of 10 cents. Jason could do a 10-1 RS and bring the OS down to 1b shares and the share price would be 1.00. We can all agree that we are well a ways away from that scenario.
15-1 RS of 10b shares @ .10c is 666 million OS. I own “only” 15 million. That would take my position down to 1 million shares at a value of a dollar a share. I have no problem with this because it means a market cap of 666 million dollars. That’s going to attract a lot of institutional attention. If Varonis and CyberArk are billion dollar market cap companies now, there is no reason to not believe LDSR can do the same.
The most important thing to keep in mind is this: if Jason ever sniffs the opportunity to uplist to NASDAQ it will mean that he has wiped out the convertible debt and is absolutely killing it revenue wise and has carved out his niche in full. At that point, I will have no qualms about a RS because in this scenario, it is absolutely necessary to do one. LDSR will be well on its way to a billion dollar valuation by that time.
I don’t think anyone here that owns shares will be complaining when that happens. There will be ample opportunities to bail out at pennies and anyone with 45 million shares at a penny is worth 450k. At a nickel that’s a cool 2.25 million dollars...
Could it happen!? IMO, if we get some huge contracts with any government, big bank, hotel chain, insurance company etc, we will be well on our way. Honestly, I think we are on the brink of that happening soon.
Not pumping here at all. It’s all hypothetical numbers at this point. We need some help with the Chinese shares and were nowhere near out of the woods with the debt albatross hanging over our necks.
Still, like Hellcat707 said: little to no risk at these levels. Jason is a grinder, I tell ya!
Long and Strong LDSR
GLTA - WIC

[tennis3131]

No idea other than any guess to help the stock jump to dollar realm. 10 cent and 10:1? More likely 20 cents and 5:1? Who knows, as I assume there will be lots of developments on share structure, etc. between now and then. I look forward to those days.