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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 Sep 05, 2014 11:14am
170 Views
Post# 22909711

Short lived

Short lived it would be interesting to see when the people who invested recent on the last private placement can sell and just sit on those warrants and how much volume will be needed to break that price


If you do a private placement in my eyes near market value the warrants will become the burden in a short period of time.


Maybe I am wrong , but I think one of the major problem is this for ICG and was an issue when it was in Richard Hughes hands.

If the last PP was done at 50 cents and warrants where at 70 it would be great, but with what was done , it remains in a range that will suck the positive out once more on the share price. I shorted it and time will tell all
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