Data443 Risk Mitigation, Inc. formed in December 2017... 20 years of this ticker??? Name became Data433 last year along with the reverse split. It had three reverse splits as Landstar System. These people essentially have robbed shareholders each time.
The RS last December occurred after a single deal involving 2 billion shares cash and and debt. We now have three acquisitions here in the last few months and they haven't revealed the terms of the deals. This is by design because they can't raise funds effectively if it starts trading at .001.
It only took two filings this time last year to wipe out the shareholders who bought the original product mix. The DataExpress acquisition included nearly 2 billion shares, cash, debt in September 2019. 1:750 reverse split in October 2019.
On September 16, 2019, the Company entered into an Asset Purchase Agreement (the “APA”) with DMB to acquire certain assets collectively known as DataExpress.
On October 15, 2019, FINRA announced on its Daily List that Data443 Risk Mitigation, Inc., then known as LandStar, Inc. (the “Company”) (i) effected a reverse split (“Reverse Stock Split”) of its issued common stock and preferred stock in a ratio of 1-for-750
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