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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 Jmgreenon Jan 14, 2015 3:20pm
109 Views
Post# 23320537

RE:It will level out around 21-24 cents next week

RE:It will level out around 21-24 cents next weekI don't generally agree with Leesand but I will on this one thought, it will level around 21-24 range until something can move the needle. Clearly this wasn't the news that is going to propel us higher. Most of the info was already known or guessed at. Whether it's the history of the previous companies in the area, the threat of further dilution to raise more money or the relatively short mine life, there is something out there that is keeping the sp down and until that concern is realized the sp will not move. I hope this is just one more positive step until we get to that "News" that comes out and really moves the price.
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