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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 leeslandon Jul 22, 2014 10:53pm
163 Views
Post# 22772191

Talk is talk, Share price speak loudest.

Talk is talk, Share price speak loudest.This board is full of positive talk and has been for years. Based on speculation things will shape up over time. But every time there is some positive to post , nothing happens. Now for ICG they have placed themselves in a position , at least I feel if they burn the 12 million they hold and the share price , does not react to the money spent on the asset the way it has the last several years , what can be said. The risk factor is high now to prove it up and come 6 months from now and its still in the high teens or low 20's ... What will this board be saying ??????. They have got coin and Marine is correct on that, but if results cant place a reaction on the share price with 12 million in the bank , what will make this climb and my thoughts ....nothing. I feel come 6-9 months from now 20 cents with a burn rate that will be high.
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