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 > No Bank Going To Loan Out 80 million

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Post by BASTILLEDAY4Uon Oct 01, 2016 11:58pm

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Post# 25299303

No Bank Going To Loan Out 80 million

Not going to happen. If you think you can walk into a bank with some Eastmain shares and an old mill expecting to use them as collateral, forget about it. Banks don't operate that way. Banks are still counting the losses in Alberta. Until you have some proven reserves on paper, and eliminate the debt, you don't stand a chance.

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