Home > Boards > US OTC > Delisted > Ironclad Encryption Corp. (fka IRNC)
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Friday, May 21, 2021 1:50:04 PM

Re: None

Post# of 20603
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!


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