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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 wwadehammeron Jun 07, 2017 9:13pm
194 Views
Post# 26338386

RE:RE:May Presentation

RE:RE:May Presentation Tom, exactly my thought, where's the June presentation?  What could they say at this point?  We promised you $1.2121 but now it's down to $1.07 which is just fine?  You should be thrilled with $1.07?  I think they have to come out with something for June and it will be interesting on how they spin it.  If they're getting a lot of negative feedback they might be discussing the options with Eldorado as to whether to continue to support the deal or ask Eldorado to go to 50% cash and 50% stock or even 75% cash and 25% stock.  If they're getting positive feedback, then they'll continue with the everything is fine line.  If they cared about us at all (which they don't) they'd already be backing away from this giveaway.
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