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 > management

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Comment by tomgraniteon May 23, 2017 3:41am

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Post# 26271683

RE:management

Albert, management have witheld the results for LD and GRC1. They also did the PE on an out of date resource. If they had used a cut off date of August rather than Feb we could have had another 500k ozs in the PEA. That would have shifted the SP up.

Management's actions and strategies have suppressed the SP and anyone who applauds them getting us a premium over current market value is overlooking the real issue here.

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