Update: Ironclad Performance Wear Q2 Earnings & Private Placement With Insiders
- Shares of Ironclad Performance Wear have shot up 50% since coverage on June 4, 2014.
- On August 6, the Company announced revenues of $4.8 million in its fiscal 2014 second quarter, up 6.6% from the same period last year.
- On August 25, Ironclad announced it had completed a private placement of common stock to certain officers and directors totaling approximately $610,000.
- Reiterating price target of $.50 to $.75 in 2015.