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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 carnarvon720on Sep 15, 2014 10:54pm
148 Views
Post# 22938688

RE:Share consolidation needed !!!!

RE:Share consolidation needed !!!!Marine you are banging this share consolidation drum again. No      we dont need share consolidation. We have had enough of that. Investors will buy this stock after purchase of Century goes through ( 100 million value by independant analyst) as well as the addition to the 56000 meters of drilling is added to the resource. On top of that Century  has an additional 2.5 million ounces on its former property That will show an increased value for ICG. You are basing your argument on having retail investors pay more for fewer shares. But how about if ICG becomes a take over target ? The same scenario does not necessarily apply. Also what do you think will happen to the value of INTEGRA if it starts to produce gold instead of just being a junior exploration company ?    I am at a loss to undrtstand why you are again and again and again harping on about share consolidation. It is definitly noty the only option . I would bet that if you took a straw vote of shareholders that very few would vote for share consolidation.  As you have mentioned before even Integra's President is not in favor. Cheers Carnarvon 720.
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