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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 Marine2on Apr 19, 2017 11:39pm
186 Views
Post# 26140942

RE:RE:RE:RE:Casey Research Update 4/19 - TOC - 5 Bagger

RE:RE:RE:RE:Casey Research Update 4/19 - TOC - 5 Bagger

idlefreebird


I think LRGreturns4me stated it about right,

 

LD data will cause a nice appreciation for the SP

 

it is also my belief that they are shaping up an incredible story to deliver later in the year as they build momentum for the big financing.”

 

I just hope that with 500 million shares out they can get good terms on at least $125 million in financing when needed. Nothing like giving away more of the company with a low share price, I hope we are trading over $1.10  when they do the big financing.

 

Now that we are trading closer to $1.00 who knows some institution may come along and offer Integra $20 million on a Super Flow-through share offer @ $1.50 ?

 

You are right Integra did sell Super Flow-through shares @ $1.00 when the shares were trading @ .54 .

 

M2

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