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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 ukermannon May 17, 2017 5:35pm
196 Views
Post# 26257030

RE:RE:RE:RE:Gold $1712 CAD

RE:RE:RE:RE:Gold $1712 CAD$590M is like fake news. They capped their "offer" in cash @ $129 M. The rest is paper that THEY print. Judging by the way old management ran that company, if they don't jump on something solid like Integra, they could find themselves in trouble pretty quick. Their positions in Turkey and Greece are both suspect that can and will take time to mature. Greece could blow up like Venezuela as soon as the EU sez enough is enough. Then what??? Riots, work stoppages in protest, etc etc. Not a good place to be once you've invested 100's of Million$. Turkey?? Politics are scary over there. He's a dictator, and can flip any time he sees fit. Besides, corruption is king. So that being said, Eldorado needs an insurance policy and found it in Integra. Smart move by their new captain, who is rolling the dice on this one without a full fledged bankable fesability study, but considering what he inherited, Integra is golden, excusing the pun......All said, he won't let this one go. All's we need is a little pressure....AEM???? Where are you.....
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