Replies to post #91597 on Data443 Risk Mitigation Inc (ATDS)

[TROW]

Solid work Sturgis! You have always been on point with your posts and it is much appreciated!

For easy reference:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=18567

"The inquiry is subject to the satisfactory closing of the transaction between Landstar Inc and Hubei Chuguan, and the consulting fees due to the facilitator agency."

"The company fully expects to close the Hubei Chuguan Industry Co Ltd transaction with LandStar shortly as previously announced or in the alternative to complete the transaction with the Norwalk, CT based OTCBB listed company"

So the date from google says this was posted November 29, 2015. Based off of the wording above, it would appear that the acquisition of Hubei Chuguan was still not completed up to that point. It would also appear that they were trying to sell Chuguan's assets to be used as a chip in a merger with another OTCBB company... Obviously that didn't happen because LDSR did not merge with the Norwalk, CT company...

Curious on the timing of all of this and if this was indeed posted in November of 2015, because if the old CEO's of LDSR signed off on 2014 filings or even 2015 filings and this acquisition was still not completed, it would be easy to discredit the main argument that Hubei's lawyers had in their defense of the acquisition being completed and signed off on by prior management.

Thanks again for pointing out this information!