Replies to post #95056 on Data443 Risk Mitigation Inc (ATDS)

[WalkInClouds]

What is it? It can’t be both. The shares don’t go “poof” and disappear. According to this email I received from “who’s Matt?” they’re back in the treasury, which means they can still be used? I don’t really know how this works though.

DATA443 CANCELS 2,000,000 COMMON SHARES RELATED TO LITIGATION SETTLEMENT

Shares Returned to Company Treasury

RALEIGH, N.C., January 6, 2020 – Data443 Risk Mitigation, Inc. (OTCPK: ATDS), a leading data security and privacy software company, announced today that the Company has executed and confirmed the cancellation of 2,000,000 Common Shares (post-split) as part of a litigation settlement.

Jason Remillard, Founder and CEO of Data443 stated, “The completion of this milestone is significant for our long-term shareholders and the company. Representing a significant portion of the issued portion of our authorized share count, this should represent a solid return for our long-term shareholders. We appreciate the support they have shown us over the past two years, and we will continue to work hard to reward their patience, commitment and resolve.”