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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 jphoward44on Jun 23, 2014 6:25pm
155 Views
Post# 22687407

RE:share roll back

RE:share roll backcarnarvon720 speaks the truth. Reverse splits or rollbacks, whatever you want to call them, rarely work out well for shareholders. In the junior market, they are often made to hide raids by management. After split awards of 5 million options go over a lot easier with shareholders that 15 million pre split options, at least that is the script. How many people they fool I don't know...

I say leave the number of shares at the current level and let's see what they can do with the cash in terms of meaningful drill results. If the gold is there and management is competent, it will be a win win situation all around. If they fiddle around believing they can get rich being financial engineers, ICG will never reach its potential.
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