DATA443 Risk Mitigation Inc (PK) (ATDS) News

The tortoise in hibernation, blinked one eyelid today…

Yup

At least there isn’t any MM’s driving down the SP. LOL

There is no volume........

Otherwise, maybe.

If you’re a day trader, you might be able to make some money off of this one. But I doubt it anymore.

Staying away - thanks

They screwed me out of 26,000 back in the year of 2017 through 2019. Just listened to Bubae. He will help you out.

How is that even legal in the first place?

Thanks

Anyone still buying into this scam needs their heads examined. The S-8 pretty much says, yep, we screwed you out of your money, yes we will do it again as much as possible, and blame no one but yourselves. 🤣 So buyer beware because we absolutely have no "fiduciary duty" to act in your interest. If you trade this why not just send them a check because they WILL take you money. I have watched them do it for years.

FORM S-8
As filed with the Securities and Exchange Commission on December 27, 2023
https://www.otcmarkets.com/filing/html?id=17146277&guid=tEJ-kWFqhym6chh

Item 6. Indemnification of Directors and Officers

Our Amended and Restated Articles of Incorporation (our “Articles”), provide to the fullest extent permitted by the Nevada Revised Statutes, that our directors or officers shall not be personally liable to us or our stockholders for damages for breach of such director’s or officer’s fiduciary duty. The effect of this provision of our Articles is to eliminate our rights and our stockholders’ rights (through stockholders’ derivative suits on behalf of our company) to recover damages against a director or officer for breach of the fiduciary duty of care as a director or officer (including breaches resulting from negligent or grossly negligent behavior), except under certain situations defined by statute. We believe that the indemnification provisions in our Articles are necessary to attract and retain qualified persons as directors and officers.

Yup

These guys did one more big reverse split. What a shame?

I know nothing about it - now offered at $30, but if you look at the prints, it prints. more on the bid.....

I am visiting after a long time here. When did this ATDS turd become a $40.00 stock? Did they change the name or business model?

TFF

Someone must have seen my post and they lowered the ask to $40.

LMFAO

Nobody is willing to offer shares lower than $45?

LMAO SMH

Look back to late 2022 to present. These two guys have been constantly giving themselves shares. Check out the massive dilution in the pipeline represented by the restricted share count. He didn't just dupe the hapless retail trader this time, he appears to have screwed over his lenders this time.

Unrestricted share count of only 24K with 244K in restricted shares. LOL Jason is laughing all the way to the bank and will still make money no matter what on those free shares that they keep handing themselves. Jason steals at will, found a CFO to match, and no one holds them accountable.

Probably will sell them for pennies on the dollar. Jason gives himself shares for doing work for ATDSD. I’m thinking it’s restricted shares.

They just gave themselves shares today! Something about to go down

They don’t have very many shares available. The RS took it down to about nothing.

Yeah and it’s about time for Jason to close down the company. Then again, Jason might sell it for pennies on a dollar.

It isn't clear to me what is going on. Looks like those who took restricted shares will take the loss this time.

It’s trading but less than a hundred shares. It is at 3.00 now and this morning it was.23.

The stock appears to be halted. They should shut it down right now and make those note holders who financed this since the last reverse split eat the loss. Current shareholders will be wiped out anyway with the split and the massive conversions waiting to get into the game . That would finally shut down Jason's share selling scheme. I don't understand why all of these players believe that retail traders will continue to buy this bottomless pile of shares.

No one is buying this stock. Jason time has gone by. It’s time to sell this company. If it is!!!!! LOL

It is just greed by the players. It isn't trading yet and hopefully someone has finally put a stop to this share selling scam. Now would be the best time to shut it down for good in my opinion because those holding this stock are pretty much busted, AGAIN, and should have known better by now. It is about time for all those holding the new convertible debt to get the shaft. Once note holders get scammed the game is over for Jason Remillard's share selling business model. Best case would be for regulators to take away Jason's ability to sell shares and for debt holders to take it out of his hide. Of course debt holders must have been aware of who Jason is so it would also be fitting if they take the loss. This has been a shameful example of regulators allowing this to operate for so long.

Psychotic. But he will do anything to save his baby.

Two snapshots to give everyone an idea of how quickly and how much in conversions Jason has piled on since the beginning of the year.

Another NASDAQ up-list reason for the split and just like last time not a stinking chance in he77. LOL When does this trash start trading again and will traders step up and donate for a fourth time. It took almost a year to go from North of $10 to $0.02 this last time. I wager that is will take much, much less time this go around.

Look at at all the convertible debt stacked up in the restricted shares and all the form 4s the past year or so by the CFO and Jason waiting to cash in. Not to mention the deals for the most recent worthless software that needs to be paid for. There is also a new filing for another offering yet to be priced.

If you plan to buy this stock why would you not just mail a check to Jason directly, you will feel much better about yourself by not being duped.


Reverse Split 8K September 20th 2023
Date of Report (Date of earliest event reported): September 14, 2023
https://www.otcmarkets.com/filing/html?id=16940264&guid=yeg-k69wzoiqJth

Reason for the Reverse Stock Split

The Reverse Stock Split was effected to enable the Company to expeditiously meet the minimum price per share requirement for listing on The Nasdaq Capital Market, to which the Company has submitted an application to list its common stock and warrants.


Reverse Split 8K March 11 2022

Date of Report (Date of earliest event reported): January 6, 2022
https://www.otcmarkets.com/filing/html?id=15653048&guid=CKg-kHKnD2dfJth

Reason for the Reverse Stock Split
The Reverse Stock Split was effected to enable the Company to expeditiously meet the minimum price per share requirement for listing on The Nasdaq Capital Market, to which the Company has submitted an application to list its common stock and warrants.

Saw this on OTC Updates and had to smile.

The Company believes that it is a leader in data security and privacy management, providing solutions for All Things Data Security®, across the enterprise and in the cloud.

I don't know what leads them to believe that, looking at their financials.

Only 102,848 shares outstanding after it's 4th R/S in 5 years.

This ceo is a criminal, total share selling scam

Really appreciate it - thank you.

Perhaps in the trips.....

GLTU

Not in my opinion. Jason has a new offering in the works and if you go back through the quarterly filings you can see the very many notes for the past six months or so that are waiting to convert. Like last year, Jason starts high and works it down maintaining control of the selling. Those holding will simply watch their positions deteriorate to the point where they become hopeless. This has been a share selling scam for years. Jason buys products that never found their place in the market for the purpose of promoting the sale of shares. He is very good at it and I have no doubt he will once again rob new traders of this stock.

Brand new to this one - haven't done my DD yet.

Is there a price where this starts to become interesting?

Thanks

Long time watchers knew that Jason was due. Now he has a new offering filed yet to be priced, and a ton of other notes represented by the huge number of restricted shares relative to the OS. Last year the split repriced North of $10 sold off to .02 in less than a year. This time with the huge holdings at .02 I'm hoping that it sells off to $5 in weeks if not days. Holders may as well go ahead and take their losses early because we all know that Jason will be selling it down and leaving little hope for retail flipping. In fact it wouldn't surprise me if Jason plays the short end as well. You would think this game would eventually fail buy Jason always manages to find buyers somewhere.

Nope absolutely no notice whatsoever on any of the social platforms that they are using. Luckily I stumbled upon this website to see the volume breakdown of todays activity and then noticed the most recent comments . He’s pulling another one without giving any advance notice to the shareholders. Pos true piece of work . Pathetic human being

Nice Volume day at .02 for a reverse split notice. I guess many didn't get the memo.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Nice find, Jason is such a scum bag. He was sneaky with the last announcement also. What do traders have to look forward to once again? Yep, massive post split dilution. Some will still roll the dice here and Jason counts on it.

ATDS: effective Sept. 20, 2023 a one for 600 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

You have to hand it to Jason, he is a master of raising funds from shares. Another offering filing on the 25th. Who is buying into these offerings that must be unloaded at some point on retail traders. I'm thinking that he can't be anywhere near converting the $931K reg "D" shares repriced at .02. He may just start repricing them again to get them cleared out quickly. There apparently is no shortage of those who believe they are picking up bargains here. Fools and their money are easy marks for a predator like Jason. Nice business model if you can continue to get retail to step up and buy. Surely this new offering signals another reverse split.


Form S-1/A August 25th
https://www.otcmarkets.com/filing/html?id=16888858&guid=4kg-knYSq3IpJth

Jason release his 10K at the end of February. Now six months to the day we get an amended annual report for 2022?

Yes he is

Jason is still struggling to get those regulation "D" shares sold at .02. He is certainly being patient. It will take a very long time at this pace.

Bubae
Wednesday, April 19, 2023 2:33:32 PM
Post# 112573

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171725714

Slow but sure. Looks like another 2 million new shares last month. Jason is doing a good job keeping the price range tight at .02 and not allowing any profit taking by retail. Soak up what volume is available I guess, but it will be a very slow trudge getting the tens of millions of regulation "D" shares priced at .02 into the market. How patient will he be?

Another 8K was filed July 24th outlining new convertible debt deals for more than $1.5 million. He also amended another agreement awarding warrants for 25 million shares at $0.001 a share, exercisable at any time. I honestly can not image what Jason is telling these new investors to have them believe that they can convert those notes. Yet again, I never appreciated how gullible OTC traders can be until I saw how Jason took them for a ride down from north of $10 in the past year.



July 24th 8K
https://www.otcmarkets.com/filing/html?id=16806288&guid=m-N-knSkhmczB3h

Item 1.01 Entry Into a Material Definitive Agreement.


Securities Purchase Agreements

On June 30, 2023, Data443 Risk Mitigation, Inc. (the “Company”) entered into a securities purchase agreement (“Purchase Agreement #1”) with an accredited investor as purchaser (“Investor #1”). Pursuant to Purchase Agreement #1, the Company sold, and Investor #1 purchased, $812,500.00 in principal amount of secured convertible notes (the “Investor #1 Notes”) and pre-funded warrants (the “Investor #1 Warrants”).


Also on June 30, 2023, the Company entered into a second securities purchase agreement...

...the Company sold, and Investor #2 purchased, $718,750.00 in principal amount of secured convertible notes...


As consideration for entering into the Amendment, the Company granted to the Previous Investor warrants to purchase 25,000,000 shares of Common Stock (the “Previous Investor Warrants”). The Previous Investor Warrants have an exercise price of $0.001, are exercisable at any time, and entitle the Previous Investor to purchase up to 25,000,000 shares of Common Stock, subject to adjustment under certain circumstances described in the Previous Investor Warrants.

Hell Jason has already made more than enough money off the backs of the shareholders. And with his so called giving his own business money and getting twice in return . He’s got no future left in siphoning the shareholders equity . Since no one is investing in him and his company any longer . Absolutely no interest from retail investors . He’s lied 10 too many times already

The answer seems to lie in part in the 8K I just now saw, dated 7/24/2023. He got a bundle of $$ for giving away shares at .005, and such a Hyaena deserves the fate of hyaenas.

With tens of millions of regulation "D" shares left you have to wonder how long Jason is willing to wait. At this rate it will take forever to convert at .02. I also have to wonder what he is telling his new investors because he needs to write notes every month. How does he continue to find these investors of convertible notes? There should be a six month holding period for these shares so it looks like many from the past year will need to wait for the reverse split.


For the quarterly period ended March 31, 2023
https://www.otcmarkets.com/filing/html?id=16655167&guid=mFD-k6UER57qJth

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

During the three months ended March 31, 2023, we issued shares of our common stock as follows, pursuant to exemption from registration pursuant to Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder:

> On January 4, 2023, we issued 97,761 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $15,000 in note payable principal and $1,384 of accrued interest.

> On January 9, 2023, we issued 83,333 shares of Common Stock to Westland Properties, LLC pursuant to an agreement with Westland Properties, LLC, in exchange for $15,000 in note payable principal.

> On January 16, 2023, we issued 139,557 shares of Common Stock to Root Ventures, LLC pursuant to an agreement with Root Ventures, LLC, in exchange for $23,027 in note payable principal.

> On January 19, 2023, we issued 139,500 shares of Common Stock to Fast Capital LLC pursuant to an agreement with Fast Capital LLC, in exchange for $20,000 in note payable principal.

> On January 20, 2023, we issued 122,248 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $16,000 in note payable principal and $1,524 of accrued interest.

> On January 25, 2023, we issued 111,773 shares of Common Stock to Westland Properties, LLC pursuant to an agreement with Westland Properties, LLC, in exchange for $15,000 in note payable principal.

> On February 1, 2023, we issued 165,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $13,023 in note payable principal and $10,792 of accrued interest.

> On February 6, 2023, we issued 118,858 shares of Common Stock to Westland Properties, LLC pursuant to an agreement with Westland Properties, LLC, in exchange for $15,000 in note payable principal.

> On February 17, 2023, we issued 179,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $21,638 in note payable principal and $4,197 of accrued interest.

> On February 21, 2023, we issued 174,539 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $6,900 in note payable principal and $638 of accrued interest.

> On February 21, 2023, we issued 179,325 shares of Common Stock to Root Ventures, LLC pursuant to an agreement with Root Ventures, LLC, in exchange for $7,711 in note payable principal.

> On February 23, 2023, we issued 192,702 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $5,200 in note payable principal and $503 of accrued interest.

> On February 23, 2023, we issued 200,674 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $5,600 in note payable principal and $521 of accrued interest.

> On February 28, 2023, we issued 179,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $356 in note payable principal and $1,434 of accrued interest.

> On February 28, 2023, we issued 216,390 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,800 in note payable principal and $358 of accrued interest.

> On March 2, 2023, we issued 245,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $2,020 in note payable principal and $430 of accrued interest.

> On March 3, 2023, we issued 220,139 shares of Common Stock to GS Capital Partners LLC pursuant to an agreement with GS Capital Partners LLC, in exchange for $2,900 in note payable principal and $471 of accrued interest.

> On March 3, 2023, we issued 235,992 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,300 in note payable principal and $313 of accrued interest.

> On March 7, 2023, we issued 273,081 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $3,800 in note payable principal and $364 of accrued interest.

> On March 9, 2023, we issued 245,000 shares of Common Stock to Mast Hill Fund pursuant to an agreement with Mast Hill Fund, in exchange for $2,205 in note payable principal and $997 of accrued interest.

> On March 10, 2023, we issued 302,030 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $4,200 in note payable principal and $406 of accrued interest.

> On March 23, 2023, we issued 310,125 shares of Common Stock to One44 Capital, LLC pursuant to an agreement with One44 Capital, LLC, in exchange for $4,300 in note payable principal and $429 of accrued interest.

I spoke with some of the folks at triton funds back a couple of years ago and they said that the uplisting made no sense in their opinion and that these otc CEOs would run over their parents for 5 dollars . They also didn’t purchase the entirety of the common stock. Also triton is run by these college students who’ve received money from their parents to use it for their business purposes and honestly were not the smartest people to begin with. But regardless of that they still knew that it made no sense for Jason or the company to attempt an uplisting without any of the requirements that the company would need to attempt an uplisting . Jason is just using this as a share selling scheme for his own personal use and nothing more. He spends money on nonexistent positions such as IR rep and companies to help with the social media and marketing campaigns for the company have all been futile .

Thank you 🙏 for pointing out the same problematic issue that I’ve had for quite some time now. If this were a spac company then it would make some sense ; in regards to the acquisitions . But this isn’t the case with Atds and especially for Jason. To even attempt to build up the product lines by acquisitions while still having no luck or success with the existing product lines is beyond ridiculous . And then Jason’s so called lending money to pay off a percentage of debt and receiving double the amount that was initially borrowed from the Ceo is completely unethical and unacceptable . He’s a complete liar and a failure at his job. And yet he receives bonuses from the useless software he created and then purchased it under the companies product line for well over a million dollars is a head scratcher

Thanks. Though it’s quite appalling, I could add a few tickers to that list…. GTEH, ZRFY, possibly EPAZ… to name a few