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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

Post by Marine2on Jun 28, 2014 12:27am
218 Views
Post# 22702650

Something to think about ?

Something to think about ?

Basic Shares Outstanding 135.0 Million

The Company issued          45,594,341

 

We now have 181,188 Shares Outstanding with new proceeds of $10,045,124 plus Working Capital of $ 2,500,000 gives Inegra  Total Working Capital $12,545,124 !

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We are in great shape with $12,545,124 in Working Capital,,, “one big problem”,, Integra now has 181,188 Shares Outstanding.

 

 

How would 60,396,000 Shares Outstanding Look ?

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Instead of a .23 cents, how about 0.69 cent stock ?

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If one believes in Integras Lamaque project then there should not be any worry about the share price falling back to ,23. 

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With 181,188 Shares Out Integra share price will never respond to good news. It would take extraordinary results to move this number of shares higher,, only about half of where we could go with fewer shares. 

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We need to get the share price over $1.00 in order to get a listing on the TSE ,,, also to be able to attract larger funds investment who are restricted from buying shares under $1.00. 

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Something to think about ?

.

Marine2

 

 

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