Ironclad Encryption Corp. (fka IRNC)

[Airbrush19]

R/S cometh....expected.

On February 12, a majority of the voting shareholders approved, and the Board of Directors formally resolved, to execute a reverse stock split of the issued and outstanding shares of the Company’s common stock with the intent to increase the effective trading price to a reasonable level above its par value. Specific action on a reverse stock split will not occur until the Company’s formal request has been submitted, reviewed, and approved by the appropriate regulatory bodies, a Schedule 14C Information Statement has been filed and mailed to shareholders, and the requisite notice timeline of three to four weeks has elapsed.