Replies to post #107745 on Data443 Risk Mitigation Inc (ATDS)

[1HandintheBush]

The recent acquisitions were dead and failing companies. Did you see what he paid for them? Pennies on the dollar. This is a conglomerate of trash. Always will be. I don't buy the Dubai pump at all, but if you are new to this company, might as well ride the wave. For those who have been sitting on this for 3 years, well, they are screwed, and probably have learned that this, like most OTC companies are trash.

[Bubae]

Their debt to revenue deficit has more than doubled since the first of the year despite the huge share count increase. Where did all that money go this year? To losses of course. If I sell cars at half their value to brag about increased sales and record a growing deficit due to borrowing despite free shareholder funds, that isn't growth. They paid $135K for each of the two new acquisitions. It isn't likely that they would be sold for that price if they were big revenue generators. They were products that never found their market. $ATDS cobbled together a $2.8 million deal last year for Dataexpress and that was a huge loser that is still being paid for. They have not demonstrated the ability to do anything other than fund failing operations and more acquisitions in my opinion. They use what they have to promote the stock and sell shares. I loved to flip this stock earlier in the year when it would pop 100+%. But even at .005 I didn't see how it could pop more than 25 or 30% on their best PR push because of the SEC inquiry, Maxims involvement, and the rapidly growing share count. Risk reward wasn't worth it. That is why it is trading at this level. Huge wall of traders looking for the exits at a penny that bought in since August.