Business Highlights for the Third Quarter 2018
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Secured the global technology, branding, and ongoing management rights to leading WordPress GDPR solution: The WordPress GDPR Framework
Formally completed the acquisition of Data443 by Landstar, Inc.
ClassiDocs™ integration with Citrix ShareFile verified as Citrix Ready and made available in the Citrix Ready Marketplace
Added Steven Mail and Philip Niedermair to Data443’s Strategic Advisory Board
Signed LOI to acquire Modevity’s enterprise cloud-based data storage, protection, and workflow automation platform, ARALOC™ and completed sales and marketing integration
Sponsored Headtechnology Group’s Headlight International 2018 conference in Bulgaria
Added to the default recommended Ripple XRP Ledger ecosystem’s Unique Node List (UNL)
Completed initial roadshow in New York City, spanning two weeks, which included two conferences and meetings with over 50 investors and investor groups
Formed strategic partnership with Online Business Systems and It4us Big Data Security Analysis to amplify Data443’s presence in North America and Brazil, respectively
ClassiDocs made available on the GOV.UK Digital Marketplace G-Cloud framework
Came to terms with Blue Citi on a restructuring of existing convertible notes to consolidate the notes into one agreement that includes more favorable terms, including the extension of the maturity date until March 2020, and the reduction on the discount on conversion from 25% to 10%, a very favorable reduction of ~36%
Terminated equity purchase agreement, resulting in the cancellation of $100,000 of common shares which were to be issued to Blue Citi, and reduced derivative liabilities by over $1,500,000 due to the related termination of the embedded beneficial conversion feature