Ironclad Encryption Corp. (fka IRNC)

[sundownsam]

New Subchapter V could be the Bankruptcy Lifeline Small Businesses Need to Survive, interesting reading... https://tryascend.com/blog/chapter-11-subchapter-5/

The problem one face is that reorganizing can cause them to due away with old shares and issue new shares and if you want them you will need to buy them, they are exempt from having to issue shares to shareholders at the subchapter V filing and if they do decide to issue old shareholders shares it will be like a reverse split.

Whether you get a grew cut haircut or a trim it is still a haircut, so both chapter 11 and subchapter V is still bankruptcy which one cannot deny.

I am a shareholder and before they when down to the .0001 the chart always looked good, but the stock stayed on the run way not enough fuel to lift off.