Replies to post #20200 on Ironclad Encryption Corp. (fka IRNC)

[Airbrush19]

Bullet 45 is the nail in the coffin...couldn’t make it clearer...the word “shareholders“ is specifically mentioned.

[penny bank for big]

Thanks zoomboom.

[Airbrush19]

Hey zoomboom....do you think it’s possible that IRNC would be the “reorganized debtor” and “SCISIO” is the new business approach? In other words IRNC is (the debtor) and IRNC becomes the (reorganized debtor), JD and other members remain on the IRNC board, and there is a new president running IRNC. Doesn’t change the fact existing shares will be cancelled....but IRNC remains as the reorganized debtor and doesn’t change SCIS?
Whatcha think?