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Bubae

03/18/21 8:29 AM

#110672 RE: Sergee10 #110671

The difference between this company and the large players in this space is that Data433 are simply integrators of acquired products. They are not developers and certainly not innovators and that is what it takes to be successful in the software world. Their business model is acquiring products for the purpose of promoting and selling shares and it works very well in the current social media meme environment. You rarely see any PRs about revenue and when you do it is a dubious fluff piece. The filings tell the real story here. Jason recently purchased a couple of products for 135K each and probably got a decent immediate return on his money with the PR volume selling shares. Jason actually does better with this scheme than others generating revenue with a good business model that don't promote weekly. I know this because I hold one that is under the radar, trading lower that $ATDS, has good financials, and just recently announced $12 million in new sales. I wish that one would contract Maxim to work the meme stock boards and generate the volume that has run $ATDS up the past couple of months. Old fashioned due diligence isn't enough these days. You have to pay attention to the emotional traders out there and it doesn't appear to me that they sober up with their losses. That is why I pay attention now to the conjecture and hype on boards like the nit twits, its irrational but it is tells you what stocks the money managers are working.