Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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

Intchains Group Ltd > Ulterior motive ?

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Comment by Marine2on Nov 17, 2016 9:28am

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Post# 25474085

RE:RE:Ulterior motive ?

tomgranite

You stated.

“Sorry Marine but your question makes no sense.”

What I was suggesting there was another reason Integra is putting out a small updated RE and then basing a PEA on that limited info then come out with the mother of all resource up dates in Jan 2017.

Would a PEA based on the RE from Jan / 2017 not more then double the values of the PEA we get in Dec ?

I was just suggesting there could be a another reason for not putting out an PEA that could draw a unwanted buyout bid ?

So maybe Integra does not want a fully updated PEA put out there for that reason ?

M2

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