Replies to post #18715 on Ironclad Encryption Corp. (fka IRNC)

[GavNBA]

Never mind i see it.

[Peeteman]

Yes. Assets listed of $17.5 million and debt listed around $5 million. Majority of debt, 6 of top ten debtors, are insider management who pumped money into company. A lot could still happpen here. Bankruptcy petition filed is reorg not liquidation.