0000000000-20-010347.txt : 20201229 0000000000-20-010347.hdr.sgml : 20201229 20201102092615 ACCESSION NUMBER: 0000000000-20-010347 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20201102 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Data443 Risk Mitigation, Inc. CENTRAL INDEX KEY: 0001068689 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 860914051 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 101 J MORRIS COMMONS LANE, STREET 2: SUITE 105 CITY: MORRISVILLE STATE: NC ZIP: 27560 BUSINESS PHONE: 919-858-6542 MAIL ADDRESS: STREET 1: 101 J MORRIS COMMONS LANE, STREET 2: SUITE 105 CITY: MORRISVILLE STATE: NC ZIP: 27560 FORMER COMPANY: FORMER CONFORMED NAME: LandStar, Inc. DATE OF NAME CHANGE: 20181212 FORMER COMPANY: FORMER CONFORMED NAME: DATA443 RISK MITIGATION, INC. 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M17=)@2SP"ZA64MD['+\K;8KX8^]Z+DSKF.A;48B,MS1SGBUK67!E+T]B:E-T;2].(#4O3&5N9W1H(#(R-B]&:7)S M=" R.2]&:6QT97(O1FQA=&5$96-O9&4^/G-TR<5?!"] R&0G4BYDU+9"CKQZNKR=&0\TB9V>[<\D.$]O% MXR_C/[P\*?TGD!:._8A8ZX;=(+=-8>Z;^]=O4]I*FUILM)D:IQ]XU1U:W^5; MYF4@,30O1FEL=&5R+T9L871E1&5C M;V1E/CYS=')E86T*>)QC8&#X_Y^1@9^!@9%)DH&!B8&#@0E$,#.F'()P64 $ M V-^*9#(N@L18V3,\P%R\ZH80.#_?P 6)@E="F5N9'-T')E9@HR.#@U,0HE)45/1@H! end TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo November 2, 2020 Jason Remillard Chief Executive Officer Data443 Risk Mitigation, Inc. 101 J Morris Commons Lane Suite 105 Morrisville, NC 27560 Re: Data443 Risk Mitigation, Inc. Form 10-K for the Year Ended December 31, 2019 Filed April 17, 2020 File No. 000-30542 Dear Mr. Remillard: We have reviewed your September 25, 2020 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our June 10, 2020 letter. Form 10-K for the Year Ended December 31, 2019 Financial Statements Note 3: Intellectual Property, page 39 1. We note in your response to comment 1 that you state that you acquired one identifiable asset, software. However, we also note that you acquired accounts receivable and liabilities related to existing DataExpress clients and that you acquired the trademarked name, DataExpress in conjunction with the acquisition. These factors support a conclusion that a business was acquired. Refer to the guidance in ASC 805-10- 55-4 - 55-9. Revise to account for the transaction as a business combination under ASC 805 and provide all financial statements required pursuant to Rule 8-04 of Regulation S-X and Article 11 pro forma financial information for the business combination. Jason Remillard Data443 Risk Mitigation, Inc. November 2, 2020 Page 2 2. We note that your included proposed disclosure revisions in response to comment 2. Please expand the disclosure to address changes in assumptions that resulted in the decrease in fair value, such as the reason for the decrease in fair value under your income approach. You may contact Claire DeLabar, Staff Accountant at 202-551-3349 or Robert Littlepage, Accountant branch Chief at 202-551-3361 if you have questions regarding comments on the financial statements and related matters. FirstName LastNameJason Remillard Sincerely, Comapany NameData443 Risk Mitigation, Inc. Division of Corporation Finance November 2, 2020 Page 2 Office of Technology FirstName LastName