Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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.

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Intchains Group Ltd > Opinion

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Comment by tomgraniteon May 31, 2015 4:24am

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Post# 23781805

RE:RE:RE:RE:RE:Opinion

Marine, I understand your point regarding investors buying in to companies if they are at $1 or more, but a consolidation usually results in a drop in SP as it is a sign of weakness. Maybe they could do a 2 or 3 to 1 rollback when they have started production. I think that positive news flow over the next year will keep the SP moving up and hopefully the POG will not fall significantly. This will help the SP much more than a rollback IMO.

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