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.

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Intchains Group Ltd > What will Eldorado do ?

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Comment by Marine2on Jun 01, 2016 2:28pm

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Post# 24924050

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What will Eldorado do ?

sailorbull

If I were pulling the strings at ELD, what would you do..?

I would be increasing the ownership to 19.0% or more, and have the right to appoint one director to Integra's Board.

Already making money on 52.1 million shares at a price of $0.28 per share !

As Ruba- con showed us, better to let others take the risk, wait for a FS then pay up for the value. Owning 20 % is a good foot in the door.

If I were pulling the strings at ELD,,,, spending $1 Billion in a unstable jurisdictions like Greece I would not want to increase the companies risk by taking out Integra at this time !

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