Ironclad Encryption Corp. (fka IRNC)

[janice shell]

The SEC has sued the toxic funder the company was involved with:

https://www.sec.gov/litigation/litreleases/2022/lr25520.htm

https://www.sec.gov/litigation/complaints/2022/comp25520.pdf

[Billy055]

As soon as they got some volume they pumped out about 10 billion shares and went from $12 to ZERO. So far that is what they do. .0001 or 2 is the right price to pay to play but pick a much better stock please this one will fail you and maliciously unless they will surprise you .... normally after the "company" is in prison or otherwise detained the stockholders can get the structure to settle down and maybe then with enough volume buying they can get a few cents a share from other poor unsuspecting public....
sometimes the new webpage is just put up there by stockholders ..

[oncifuture]

Jesus Don't like taking people money

[Bigfootbud]

$IRNC Jesus Lives! :) $IRNC

[oncifuture]

Where is your law and freedom when stock disappears with no warning

[oncifuture]

Is the democracy to delist stock or a country and human life just to win

[oncifuture]

Delisted by law or republic where is the democracy

[oncifuture]

Can delist AAPL any time

[oncifuture]

Like i anticipated delisted

[Chaz1951]

You sound like a financial adviser

[Value_Investor]

Wow, 50% price crash without any bad news at all! Why? It seems the CH11-peer (ORMTQ) will test most recent low 0.0031 again as soon as today...

Are you sure you could whack ORMTQ down to a New Bottom 0.0001 which is just One-Third of current 52-week-low 0.0003?

Totally only 100K shares bids at 0.0051 ~ 0.0005 from the Level2!

Anyway all the IRNC shareholders should buy ORMTQ at the asks ASAP in order to recover their huge losses here because buying IRNC at the Lowest price 0.0001 = buying ORMTQ at 0.0204 which is 68 Times of most recent low 0.0003 or 4 Times of current price 0.0051! Note, 0.0204 is 2%-Higher than current 52-week-high 0.02 of ORMTQ!

So ORMTQ is Much Much Much Cheaper than IRNC now!

[Metalskin420]

Market sold 49k and halved price of ORMTQ


Do you want me to send it to 0.0001?

because it seems i could do it.

[Metalskin420]

Q in ticker = bankruptcy proceedings?

so, how is it a clean shell.. i have a small amount in there,
but.. in my account it shows a symbol next to the ticker, that only shows up on dead stocks in my account?

basically, the symbol represents 'price reported may not reflect current value'.

[Value_Investor]

I warned all you guys several days ago for the coming common share's Cancellation! But the majority of the investors here did not follow my advice! Now they should know the serious outcome --- all the invested money with IRNC are 100% Gone today!

IRNC ever hit eye-popping high $14.82M MV! So today's Cancellation action caused all the IRNC investors to lose about $10M ~ $7M! The lesson here is, we should only invest into those CLEAN "Q" shells (such as ORMTQ) in order to avoid the common share's Cancellation like IRNC! The FINRA/SEC should compensate all the investor's losses, LOL!

Buying this CH11-NON-CLEAN-shell (IRNC) at most-recent-high 0.0039 = buying its CH11-CLEAN-shell peer (ORMTQ) at 0.794 which is 39.7 Times of current ridiculous low 52-week-high 0.02!

As a common sense that a CLEAN shell has Much Much Higher valuation than an NON-CLEAN shell! So ORMTQ has Much Much Higher valuation than IRNC!

So based on the market value comparison the bankrupt IRNC is Much Much Much More Expensive than ORMTQ now!

Here is my previous Warning to all! From the link below all the common shares will be Canceled very soon...

Class 5. The interests of holders of IronClad’s Class A and Class B Common Stock (which includes stock holdings, holdings of options and warrants, et al.) will be deemed cancelled. The Class A Common Stock will no longer exist and thus no longer be registered with the Securities and Exchange Commission or tradable on any stock exchange.

https://www.otcmarkets.com/filing/html?id=14832857&guid=POJUkpv6MXvq73h

[Metalskin420]

we got screwed. Cancelled as of today.

Should of been last month.

if it was C11, why was there no Q added to ticker?

i never sold, and i want my $.

whoever is on the IRNC board of directors should be worried,
not for a second should they think everyone is OK with this.

They lined their pockets knowing the outcome.

[Chaz1951]

Is this trading under a different symbol?
Can not find IRNC

[highlandernew]

Nebuchadnezzar, THANKS for the heads-up on IRNC? You probably saved me a few dollars with this because I had time to get out with at least what my position was still worth before the cancellation? (unless there happens to be an issue with the timing of my sell vs. date to settle the trade vs. date of shares cancellation?) (I couldn't sent my thanks to you yesterday because I already had reached my 15 iHub posts yesterday?)

What are your thoughts about this?

[Bigfootbud]

thanks!!! gone...

[Nebuchadnezzar]

its over for IRNC. that big volume spike the other day was odd. that's what brought me back to looking at IRNC but BK and shares will be cancelled.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164381074

[Nebuchadnezzar]

that explains the stagnation at 0003-0005

thanks for the DD

[MIKEY501]

OUT of IRNC

[Renee]

IRNC: Effective June 15,2021 BK PLAN effective and all shares will be cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Nebuchadnezzar]

either way, IRNC is one of the weirder 000s in OTC. strange looking chart

[MichaelKane]

shares probably cancelled according to some March 2021 data

[MIKEY501]

Lets see the action IRNC market is hot

$IRNC

[Metalskin420]

Shares not cancelled. $IRNC only 256m shares.

When IRNC runs, it will sure have much greater returns than something which comparatively is overpriced already (a shell is worth 300k at best).

IRNC float and price vs high/low = more room for virtually exponential growth.

Nothing is set in stone, if shares were 'cancelled' they'd have been done so on March 1st.

Didn't happen. Something is going on behind the scenes, there is a tiny bit of info available.

[0001-stocks]

IRNC-Bankrupt Co.-shares will be worthless correct??

[MIKEY501]

IRNC market is hot lets get rollllling already!

$IRNC

[doingfine]

Thats a good thing in reading the docs..Later

[Value_Investor]

Yes, buying this CH7-soon-NON-CLEAN-shell (IRNC) at 52-week-high 0.0039 = buying its CH11-CLEAN-shell peer (ORMTQ) at 0.794 which is 39.7 Times of current ridiculous low 52-week-high 0.02!

As a common sense that a CLEAN shell has Much Much Higher valuation than an NON-CLEAN shell and a CH11 shell has Much Much Higher valuation than a CH7 shell! So ORMTQ has Much Much Much Higher valuation than IRNC!

Buying IRNC at 52-week-low 0.0001 = buying ORMTQ at 0.0204 which is 68 Times of 52-week-low 0.0003 or 1.55 Times of current price 0.0132!

So based on the market value comparison the bankrupt IRNC is Much Much Much More Expensive than ORMTQ now!

Warning all! From the link below all the common shares will be Canceled very soon...

Class 5. The interests of holders of IronClad’s Class A and Class B Common Stock (which includes stock holdings, holdings of options and warrants, et al.) will be deemed cancelled. The Class A Common Stock will no longer exist and thus no longer be registered with the Securities and Exchange Commission or tradable on any stock exchange.

https://www.otcmarkets.com/filing/html?id=14832857&guid=POJUkpv6MXvq73h

[oncifuture]

CH-7 SOON

[janga]

To be dumb and dumber this CEO can reorganize anything

[Value_Investor]

LOL, buying IRNC (CH11-NON-CLEAN-shell) at 52-week-high 0.0039 = buying its CH11-CLEAN-shell peer (ORMTQ) at 0.794 which is 39.7 Times of 52-week-high 0.0099!

As a common sense a CLEAN shell has Much Much Higher valuation than an NON-CLEAN shell!

Buying IRNC at 52-week-low 0.0001 = buying ORMTQ at 0.0204 which is 68 Times of 52-week-low 0.0003 or 2.061 Times of current price 0.0099!

So IRNC is Much Much Much More Expensive than ORMTQ now!

[Bigfootbud]

:) $IRNC

[Nebuchadnezzar]

very quiet day here for IRNC

[Value_Investor]

Why a CH11 Bankrupt stock (IRNC, see the link below) could be traded at such ridiculous eye-popping high market value ($14,816,226.64 or $14.82M at 52-week-high $0.0039) v.s. a CH11-CLEAN-shell (such as ORMTQ) was only trading at as high as joke low $373,245.44 or $0.37M at 52-week-high $0.02? Even at most recent low $0.0002 IRNC still has incredible high $759,806.50 MV which is over Double of the MV of ORMTQ at peak! At previous ask 0.0001 IRNC still has $379,903.25 MV which is over the MV of ORMTQ at top!

https://www.otcmarkets.com/filing/html?id=14832857&guid=mECnUqt7kD0yl3h

I would not buy any shares above 0.0001 due to Too Risky and Super Overvalued now!

Will the CH11 case be converted into the CH7 case very soon which will make IRNC be completely worthless except a valid stock symbol?

Note, IRNC has 52-week-low 0.000001 v.s. ORMTQ has 0.0003!

[doingfine]

Saying its holding steady etc... Commons survive and this is 01 for starters. Better watch for news and jump in quick when and if it happens. Cant imagine the company walking away from all the potential cash from sales of stock but never know. Makes no sense. I havent a clue really.

[Cotton45]

Like what ?

[doingfine]

Getting some chatter on twitter etc

[doingfine]

This thing like an undercover ops or is it just selling a few shares here and there? True lotto here I suppose.

[Bigfootbud]

LEZ GO!!! $IRNC!!! :)

[Bigfootbud]

Had to get .0006's....... $IRNC

[Bigfootbud]

READY!!! :) $IRNC

[Bigfootbud]

Just got a taste!! :) $IRNC

[M-invest]

.0005 my bid , best buy price imo

[mwab52]

It's coming! Hold on! I just continue to add while wait.(IRNC)

[Nebuchadnezzar]

need to see 0008s-0012s then another massive break can happen

[mwab52]

Looks like 7'ssssss are on deck. Nice! GLTY! (IRNC)

[MELBENZ2020]

Just slapped all the asks at .0006. Got 10M+ and still accumulating! Volume is rising!

[lgrace921]

IRNC if you snooze you loose. This will run like a thief. I'm happy I'm on board. Next week will be sweet.