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.

NDAQ:ICG - Post by User

Intchains Group Ltd > ICG sells nearly half of it's Eastmain shares

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Comment by ricklangon Oct 28, 2016 12:41pm

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Post# 25398813

RE:RE:RE:RE:RE:RE:RE:RE:RE:ICG sells nearly half of it's Eastmain shares

One more hypothesis, knowing Integra is up over 100% on their Eastmain shares and that they are not equity traders but gold miners, along with their duty to do what's beneficial for Integra shareholders, they decided to take most of our initial investment off the table and from here on out everything is profit? Could it have been the plan all along?
I'm not saying there wasn't many other contributing or deciding factors, just that on the surface the simple explanation actually seems to make good sense. GLTA

https://www.integragold.com/s/news_releases.asp?ReportID=744893 (NR link from when we bought the ER shares)

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