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.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
