Replies to post #20251 on Ironclad Encryption Corp. (fka IRNC)

[Airbrush19]

Hey JS...in regards to what...the price drop?....the judges ruling on the reorg plan?

[Airbrush19]

The judge gave 15 days or sooner to implement the plan. The day IRNC implements the plan is the effective date. On the effective date, existing common are cancelled.

“Class 5 consists of the Allowed existing Interests of the holders of Debtor’s issued and outstanding Classes A & B Common Stock. Treatment. Upon the Effective Date, such interests in the Debtor shall be deemed cancelled.”

Would you want to be holding shares not knowing what date IRNC will implement the plan?