Investor FAQ's

General Questions

In 2019, the name of the Corporation changed to Data443 Risk Mitigation, Inc. Formerly it was called LandStar, Inc. It is a Nevada corporation formed in 1998.
On November 25, 2019, the stock symbol (“ticker”) for Data443 Risk Mitigation, Inc. was changed to ATDS (standing for All Things Data Security). The shares are quoted on the Over-the-Counter Pink Marketplace (OTC PK).
The “Company” means Data443 Risk Mitigation, Inc. and everything it owns, including ClassiDocs™, DataExpress, etc.

Please see a description of the company on our page here.

The Company is headquartered in Morrisville, North Carolina, which is located inside Research Triangle Park. Raleigh was recently name a “top tech hub for millennials” by Forbes Magazine. The tech sector in Raleigh is growing almost as quickly as it is in Silicon Valley.

Jason Remillard

Jason Remillard is our President, Chief Executive Officer, Secretary and sole Director, positions he has held since November 2017. From November 2017 until May 2019, Mr. Remillard also served as our Chief Financial Officer.

Mr. Remillard started his career in the early 1990s with an internet service provider. Mr. Remillard has led software organizations of all sizes throughout his career. In addition to product management, development, and marketing, he has delivered strategic consulting for leading organizations worldwide and in both cyber-security and IT operations capabilities. He has had a distinguished career of over 25 years in the business of enterprise information technology, providing services worldwide. He has been in this business as a vendor, as an implementer and as the customer. Mr. Remillard has developed, delivered, and sold pervasive solutions and products for companies culminating in four successful market exits.

Immediately prior to forming Data443 in [2017], Mr. Remillard focused on building an award-winning data privacy and compliance product, ClassiDocs™. From 2016 until its sale to Data443, he focused on enterprise customer relationships, strategic industry partnerships and setting the foundation for a new and unique entry into the global and growing data privacy and compliance marketplace. In 2015, he relocated to New York City to serve as VP of Security Architecture and Engineering for Deutsche Bank and managed a large and complex portfolio of technology and staff globally, including risk management, data security and enterprise compliance programs. Mr. Remillard also led a large global diversified security products portfolio for Dell Software (formerly Quest Software) from 2011 to 2014, with over 4,000 active customers, development & marketing teams, and international distribution channels. In addition to Mr. Remillard’s previous years as a management consultant for IBM Corporation, he has also developed, marketed and successfully managed five other startups in the cyber security space. With almost 30 years of enterprise IT, business development and product sales experience, Mr. Remillard continues to execute on his vision of simplifying important security capabilities to protect important assets.

Mr. Remillard holds an MBA from the Richard Ivey School of Business (London, Ontario). He is also a Certified Information Systems Security Professional (CISSP). Mr. Remillard is a founding member of the Blockchain Executive Group; former VP of CISO Global Security Architecture and Engineering at Deutsche Bank; Senior Product Manager for Dell/Quest Software; Management Consultant for IBM; and Strategic Consultant for RBC Bank and TD Bank.

Data443 currently trades on the OTC Pink Sheets as the Ticker: ATDS. Company stock can be purchased through most brokerage accounts, including online brokers. While some brokers will not place orders for “smaller” public companies, most will.

The Company’s SEC filings can be accessed HERE.

Frequently Asked Questions Related to the Up-List and Capital Raise

 

 

  • Where do things stand today in the up-list process?

Data443 has submitted its listing application with Nasdaq, which has been accepted by Nasdaq for further review. At the same time, we have filed a registration statement (Form S-1) with the Securities & Exchange Commission (SEC).

 

  • When will Nasdaq make a decision?

We cannot speculate on the timing of Nasdaq’s decision making, or whether Nasdaq will accept Data443 for listing. We are currently responding to due diligence questions posed by Nasdaq, and we continue to move forward under the guidance of the up-list consulting experts we have engaged.

 

  • How can Data443 up-list without a Board of Directors?

Data443 has always had a Board of Directors, consisting of our Chairman, Jason Remillard. We have proposed a slate of independent directors to add to the board – both to fulfill Nasdaq’s listing requirements, as well as to add tremendous value and guidance to Data443. We will announce these board appointments upon successfully up-listing.

 

  • Why did Data443 file the S-1?

The S-1 is a registration statement for our company’s stock, through which Data443 proposes to raise additional capital, which is consistent  with our growth strategy.

 

  • How long does the SEC need to rule on the S-1?

The SEC has as much time as they desire to determine the effectiveness of a registration statement. However, the SEC has already advised Data443 the the S-1 will be approved without further review.

 

  • Does Data443 need the S-1 to be made effective to up-list?

Yes, as this will enable Data443 to meet certain Nasdaq listing requirements.

 

  • Will the stock trading below $4.00 negatively impact Data443’s application to list of Nasdaq?

Nasdaq will make their determination based on our submitted application and subsequent corporate actions. We have already fulfilled the $4.00 closing price requirement, but this is only one of many factors Nasdaq takes into consideration.

 

  • Why has Data443 been in a “quiet period”?

The quiet period is the period of time between the date when a company files its registration with the SEC and the date on which the funding thereunder actually occurs. During this time period, the Company is prohibited from disseminating any information that is (a) not contained in the company’s registration filing with the SEC and (b) that might reasonably be expected to impact the capital raise or the price at which the stock initially trades. That being said, while adhering to its quiet period, Data443 has been very busy and has issued the following recent general business announcements:

 

MOST RECENT ANNOUNCEMENTS SINCE 16 SEPTEMBER:

 

September 16, 2021

EDUCATIONAL SYSTEM BASED IN ISLAND NATIONS OF THE CARIBBEAN SELECT DATA443 FOR RANSOMWARE FREE COMPLIANCE CAPABILITIES

 

September 15, 2021

LEADING CHILD EDUCATIONAL HEALTH AND ACTIVITY SERVICES PROVIDER SELECTS DATA443 PRODUCT SUITE TO PROTECT AND PROVIDE PRIVACY COMPLIANCE SERVICES

 

August 30, 2021

FORTUNE 500 HEALTH CARE CUSTOMER EXPANDS USE OF DATA443® SENSITIVE CONTENT MANAGER™ PLATFORM FOR RANSOMWARE-FREE CONTENT SHARING TO HOSPITAL SUB-BOARD MANAGEMENT TEAMS

 

August 25, 2021

DATA443 EXPANDS LEADERSHIP IN DATA PROTECTION WITH ENGAGEMENT BY ONE OF THE LARGEST DOMESTIC WHOLESALE ELECTRIC ENERGY SUPPLIERS

 

August 23, 2021

DATA443 CONTINUES INTERNATIONAL GROWTH IN THE ASIA-PACIFIC WITH NEW ENGAGEMENT TO DELIVER PRIVACY & DATA SERVICES TO GOVERNMENT ENTITY

 

August 18, 2021

DATA443 CONTINUES LEADERSHIP IN PROTECTION OF SENSITIVE DATA WITH ENGAGEMENT BY FINANCIAL MARKETS SELF REGULATORY ORGANIZATION

 

August 9, 2021

DATA443 SIGNS LETTER OF INTENT TO ACQUIRE RANSOMWARE PROTECTION INNOVATOR, CENTURION TECHNOLOGIES®

 

August 4, 2021

DATA443 CONTINUES RAPID GROWTH WITH RECORD RESULTS FOR FIRST HALF OF 2021

 

The Company has engaged TPS Thayer LLC as its independent registered public accounting firm to complete the audits. Contact information is as follows:

TPS Thayer LLC
1600 Hwy.6, Suite 100
Sugar Land, Texas  77478

A stock transfer agent manages and maintains the records of a company’s shares, and must be registered with the SEC. The agent is responsible for issuing shares of the Company, as well as transferring the ownership of shares from the seller’s name to the buyer’s name. The agent also determines the stockholders of record, ensures all stocks are properly accounted for, and that dividend payments are made to stockholders of record. The transfer agent does not maintain records of shares bought and sold through brokerage accounts; such stock is held in “street name”. Each brokerage firm maintains its own records for the shares bought and sold through it.

The Company’s transfer agent is Madison Stock Transfer Inc. Contact information is:

Madison Stock Transfer Inc.
2500 Coney Island Avenue, Sub Level
Brooklyn, NY 11223

718-627-4453

Yes. The transfer is your point of contact for all issues regarding your shares, such as changing an address, replacing a lost or destroyed certificate, and transferring shares.
As is common practice, the Company’s transfer agent will only release to a shareholder information which is unique to the particular requesting shareholder. Other information will not be released.

Please refer to our SEC filings for the most recent figure, which can be found HERE.

Our investor relations efforts are handled by Matthew Abenante at Strategic Investor Relations. His contact information is:

Matthew Abenante, IRC
(919)-858-6542
ir@data443.com

All official announcements from the Company will be posted to our mailing list and Twitter Account (@data443Risk). To sign up to be on our mailing list, visit:

https://www.data443.com/investor-relations/

We continue to have private meetings on demand for various fundraising activities.  Please review our published list of related events on our website at: https://www.data443.com/upcoming_events/

Providing forecasts or guidance at this stage of development is a bit early. As the business grows, and revenues become more predictable, we’ll re-evaluate guidance.
As a fully reporting SEC company, the Company discloses its financial results in compliance with the filing regime established by the SEC. As dictated by the Company’s fiscal year-end (31 December) and its designation as a “Non-accelerated Filer” (public float of less than $75MM), we file a (i) Form 10-Q for each of the first three quarters within 45-days of the end of each respective quarter (we get an additional 5-days to file if we need it); and, (ii) Form 10-K (there is no Form 10-Q for the 4th quarter) within 90-days of the end of the calendar year (we get an additional 15-days if we need it). It is the Company’s policy to not issue any financial forecasts, and to not provide financial results in advance of the Company’s filings with the SEC.

While we look to disclose as much as possible when it comes to a customer’s contract, at times our customers will request that certain contract terms are not disclosed for competitive reasons. While weighing the pros and cons of this on a case by case basis, all of our contracts are reflected in the prevailing quarterly and annual financial statements.

The Microsoft Intelligent Security Association (MISA) is an ecosystem of independent software vendors and managed security service providers that have integrated their solutions to better defend against a world of increasing threats. Data443 is very pleased to be part of this group of organizations, and we look forward to additional updates to our online profile over the next several weeks.