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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a China-based provider of integrated solutions consisting of high-performance application specific integrated circuit (ASIC) chips and ancillary software and hardware for blockchain applications. The Company has built a proprietary technology platform named Xihe Platform, which allows to develop ASIC chips.


NDAQ:ICG - Post by User

Comment by Marine2on Jul 15, 2015 10:47pm
117 Views
Post# 23928573

RE:RE:RE:RE:so much drilling

RE:RE:RE:RE:so much drilling

Blue,, You state>

 

“”Right, although we'll funded now ($10, $11, $12+ ?) million in the bank, and around $2 million in warrants coming in by year's end, the burn rate is scorching, and already allocated out. 

 

Which is why I believe we'll be hearing from  management by summer's end, introducing a new financing pkg to shareholders, so as they can continue to fulfill their aggressive agenda criteria.

 

That is really the next big hurdle for the company, and I'm sure they have been working on it hard for some time now.””
............................................................................................................................

.

I enjoy your posts, well thought out, I would like to know where you stand with funding via PP “more dilution” with us being at 350 million shares.  Would you have any issues with going over 400 m shares to keep moving the project moving forward ?

.

Thanks M2

 
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