Ironclad Performance Wear (ICPW) Strategic Alternatives

Dec 29, 2015, 07:00 ET from Ronald L. Chez

CHICAGO, Dec. 29, 2015 /PRNewswire/ --

Board of Directors
Ironclad Performance Wear Corporation
1920 Hutton Court      Suite 300                                                                                    
Farmers Branch, TX 75234

Subject: ICPW Strategic Alternatives

Gentlemen - It is the end of December and to date the only communication that has taken place subsequent to my amended 13D filing, is a perfunctory one paragraph note from Mr. Clayton.

Currently, I have no reason to believe that the Board will take the necessary steps to evaluate that which can be done to enhance shareholder value.

As a result, it is my intention to contact investment bankers to make a selection as to who I will retain to assist me in pursuing strategic alternatives for ICPW. In addition, I plan to discuss with other shareholders their thoughts as to alternative actions that can be taken which can increase the value of our equity.

Ronald L. Chez

For all inquiries, contact Barry Fischer at (312) 580-2233

 

SOURCE Ronald L. Chez