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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by Gold64Kon Jun 16, 2016 4:57am
143 Views
Post# 24970024

RE:RE:RE:Subsidiary/aqasition should be AZX

RE:RE:RE:Subsidiary/aqasition should be AZXPrior posts here have suggested ICG should be looking to acquire Eastmain. That would be pretty expensive for ICG with significant dilution. AZX is an an option that could be dirt cheap and with the potential to both expand the potential world class project ICG is developing and provide "optionality" on a large number of projects in a rising PM price environment. It could be done with minimal dilution and little or no impact on current development plans. I believe we are at the start of a historic bull market in PMs. If that is correct, the extensive holdings of AZX , would provide ICG with explosive options when they start production and have positive cash flow to advance other projects they control. Yes, I would see some immediate gains from my AZX holdings, but, the big payoff would be from Integra, as a profitable producer, being able to advance the portfolio of projects they acquire from AZX.
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