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 > Ulterior motive ?

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Comment by Marine2on Nov 17, 2016 4:36pm

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Post# 25477512

RE:RE:RE:RE:RE:Ulterior motive ?

Thanks blue;

You put into words something I tried express many times, how does the market assign a value to Integra when the RE and PEA’s are always so far out of date ?

I believe Stephen is very much aware of the potential of a hostile take over bid taking them out early and is intentionally not showing all his cards. They have $44 million to work with right now and do not need any more money at this time, so why not lay low with a out of date PEA ?

Integra is a buy- hold, hold, hold, hold kind of stock ! IMHO

M2

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