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So are you saying their IR department is misleading investors?
One thing I think is important to realize is Ironclad as a software encryption business is relatively new, yes it originated from a mining company, but reforming to the software encryption business started in 2017. Its gonna take some time and growing pains to get running on all cylinders. They developed a secure communications phone about to be released. Can’t wait for that PR to drop.
Nice call on the .004’s hanging on today.
If it all comes crashing down, well then I have no one to blame but myself.
Everyone has their theories; and it’s great to share and hear them all. I go by my DD and what legit info I can dig up. Some people go by charts and financials. Some post useless crap like “pos stock” and “pos going to trips”.
This is what I know through my DD: They have an actual useful product ready to launch, they have patented encryption technology, they have customer(s) lined up, possible additional patents on the way, they are planning for growth. This is why I continue to buy shares. I’m HOPING their phone launch is successful and creates a revenue stream and they get additional approved patents. Creating products, prototypes and all the stuff that goes along with it takes time and is expensive. Coming up with ways to pay for all that sometimes hurts investors. Hopefully there’s a nice payday at the other end of the tunnel.
Reading everyone’s posts and theories is a bonus to me. :)
I get the feeling he wanted to tell me something will drop...he just can’t though.
“The law prevents me from telling you when a release will come out”
In my opinion my takeaway from his response is basically.....relax....it’s all good.
From: Michael Porter <mike@plrinvest.com>
Sent: Friday, October 4, 2019 7:15 AM
To:
Subject: Re: Latest Filing
John they are planning for the future they will need capital to grow The law prevents me from telling you when a release will come out mike
Sent from my iPhone
On Oct 4, 2019, at 7:02 AM,
wrote:
Good morning Mike,
MIKE!... Please convince me not to jump off the dilution cliff man! Why the need to increase to
6B authorized shares!
Is IRNC expecting a large amount of investor interest?
Is IRNC pursuing any acquisitions?
Is the increase in authorized shares for R&D?
Is IRNC anticipating their ICE phone to be a
significant revenue source?
Is IRNC anticipating high investor interest because of their ICE phone release?
What is IRNC’s plans to retain its OTCQB status?
Tell me some good news will be released soon!
Thanks Mike.... :)
-John
Dude...everyone knows it’s gonna drop tomorrow...your not enlightening anyone.
According to IR, they just need to iron out service agreements, customer(s) are lined up.
Not my words, Investor Relations words.
You do make some good points.
Thanks Quintessence...one of the best! :)
Regardless, it’s a gut punch to us hoping to avoid the issuance of additional shares. No doubt it would have been nice to avoid that.
I don’t know man, they have a phone coming out and possible patents approvals on the way. Can’t forget about that.
The Board believes that the amendment of the Certificate of Incorporation is necessary to position the Company to be able to issue additional shares of its Common Stock in the future to finance the Company's growth and that the filing of a Certificate of Amendment of the Certificate of Incorporation ("Certificate of Amendment”) with the Secretary of State of Delaware is beneficial to the Company.
Thank you for the little bits of info Mike.
Much appreciated.
From: Michael Porter <mike@plrinvest.com>
Sent: Wednesday, October 2, 2019 4:06 PM
To: John Roman
Subject: Re: Additional products
There is r&d going on currently
Sent from my iPhone
On Oct 2, 2019, at 4:00 PM,
wrote:
Hi Mike,
Is Ironclad currently working on any additional new products hardware or software, aside from their ICE phone and gateway to generate revenue?
Thank you.
I’ll slap for some of those 4’s, thank you very much!
From: Michael Porter <mike@plrinvest.com>
Sent: Wednesday, October 2, 2019 7:17 AM
To:
Subject: Re: ICE Phone marketing
Not sure will check with the marketing people
Sent from my iPhone
On Oct 2, 2019, at 7:15 AM,
wrote:
Good morning Mike,
Will IRNC be doing any kind of marketing campaign for its ICE phone and ICE Fortress app?
Commercials? YouTube vids? Publications?
How are they planning on getting their phone known to potential customers?
Thanks Mike,
Have a great day!
How far out do you base your charting on? 1yr, 1month, 6months?
I’m not a chart guy, I’m more of a dig for legit information type of investor/trader, but I believe charting is absolutely a necessity for investing/trading also.
Just for kicks I sent an email to the CTO. I don’t expect an answer back.
—————————————————
Hello Mr Lerner!
I’m curious as to your thoughts on the newest press release regarding the major wireless carriers upcoming ZenKey authentication forum. Do you feel Ironclads security process is superior? What are the benefits from Ironclads authentication process over the ZenKey authentication process.
Hope to get an updated blog entry soon!
I know your busy, hope to hear from you.
Thank you for your time.
Well, I guess that answers that.
From: Michael Porter <mike@plrinvest.com>
Sent: Tuesday, October 1, 2019 10:24 AM
To:
Subject: RE: Sprint / ZenKey
No they do not
From:
Sent: Tuesday, October 1, 2019 10:12 AM
To: mike@plrinvest.com
Subject: Sprint / ZenKey
Good morning mike,
Does Ironclad have a role in any of the latest press releases regarding the Sprint defense contract or the upcoming ZenKey authentication conference?
Have any of the carriers reached out to Ironclad to collaborate on the new ZenKey mobile authentication process?
Yea, I caught that ZenKey press release interesting. I shot an email over to my buddy in investor relations to see if IRNC has their hands in the Sprint defense contract and to see if the mobile carriers are reaching out to them regarding the ZenKey authentication process.
This just came across the wire:
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1WF2AV
I know I’m reaching here...
Ironclad is heavy military + secure phone with Sonim + Sprint is a carrier with Sonim. Headline states wireless services and devices. Is it possible for IRNC to have a piece of this?
From my bud at investor relations, were buds now....lol. :)
From: Michael Porter <mike@plrinvest.com>
Sent: Monday, September 30, 2019 1:45 PM
To:
Subject: Re: IRNC
It’s high numbers the phone is almost ready it’s the servicing is the issue and they are working on putting it all together they have a couple of customers but nothing gets shipped until the service end is settled
Sent from my iPhone
On Sep 30, 2019, at 11:49 AM,
wrote:
Hi Mike hope you had a good weekend.
On a scale from 1 - 10, 1 being low and 10 being high, where would you rate Ironclad being on the completion of its secure phone?
Does Ironclad have the funds or access to funding to complete its ICE phone and to keep the doors open and keep the business running?
Does Ironclad have customers lined up once the phone is completed or customers lined up for their other products?
I’m just concerned that there hasn’t been a revenue stream coming in to keep the business going.
Thanks for any information you can provide
LOL..... I changed it.
I was gonna change it to the roadrunner.
:)
I continue to buy shares based solely on the HOPE they will pull off getting their phone to market, continued patent approvals and landing a contract(s) and revenue stream. There is no way I’m buying shares of this sub-penny stock based on their financial statements right now.
Partnered with IRNC on their ICE phone.
http://www.chartertrading.com/index.asp
HA! YOU MAY ALL BOW TO MY DD EXCELLENCE! (Just kidding, just kidding)... :)
From: Michael Porter <mike@plrinvest.com>
Sent: Friday, September 27, 2019 3:21 PM
To:
Subject: RE: IRNC
Yes and now they are working on how they service the phone in the field. That is the hurdle
mike
From:
Sent: Friday, September 27, 2019 3:18 PM
To: Michael Porter <Mike@plrinvest.com>
Subject: IRNC
Sorry to keep bothering you Mike, thank you for your responses. Last question,
Is IRNC still collaborating with Sonim and PollenTech on the development of their ICE phone.
From: Michael Porter <mike@plrinvest.com>
Sent: Friday, September 27, 2019 2:06 PM
To:
Subject: RE: IRNC ICE Phones
I ma hopefully that we will update based on 9/30 10-Q
mike
From:
Sent: Friday, September 27, 2019 1:04 PM
To: Michael Porter <Mike@plrinvest.com>
Subject: Re: IRNC ICE Phones
Hey Mike, sorry, just one more thing,
This presentation will no longer be valid (since they will not be releasing their phone). Will IRNC be updating their presentation anytime soon?
https://www.sec.gov/Archives/edgar/data/1455926/000105291819000223/ex99-1.htm
Thanks Mike,
Yea, I found that interesting also.
From: Michael Porter <mike@plrinvest.com>
Sent: Friday, September 27, 2019 12:34 PM
To:
Subject: Re: IRNC ICE Phones
The lawyers have no idea of timing on the patents
Mike
Sent from my iPhone
On Sep 27, 2019, at 11:38 AM,
wrote:
Hello Mike,
Couple questions,
What is the projected time for Ironclad to release its ICE phone and ICE Fortress app?
When does Ironclad expect to hear on the status of their additional patents that were submitted.
Thanks for your time Mike
Yea, I don’t get it man.
Maybe someone else can email him with some questions.
I can’t get a straight forward answer from the guy.
To his credit, at least he did respond to my email.
Hopefully we can give him the benefit of the doubt and assume spellcheck was the culprit....??
Hey all,
I emailed investor relations and got this response.
—————————————————
From: Michael Porter <mike@plrinvest.com>
Subject: Re: IRNC
Look at today’s release updates after there 10-q is filed
Sent from my iPhone
On Sep 23, 2019, at 11:12 AM,
wrote:
Hi Mike,
Will IRNC be providing any kind of updated shareholder information, or updated company information this month.
Thank you for your time.
Sincerely,
-
I got stuck bag holding at .04 from the last run-up, been averaging down ever since. Got my average down under a penny now. I think we’ve done all the chart reading and DD we can at this point, just have to wait for some kind of news.
I’m with ya on him not being able to give up-front information. He did give some interesting responses though, “they are adding unique software” and “potential customers requiring higher levels of security”. If the phone is released this month then he was bullshitting me, if it’s not released then I guess he was being truthful with that. We’ll find out in a little over 2 weeks. Anyways I’m just digging and fishing for legit info. I hope your chart reading continues to be correct, thank you for that.