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 > Voting "NO"

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Comment by tomgraniteon Jun 18, 2017 4:04pm

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Post# 26375789

RE:RE:RE:RE:Voting "NO"

Yes M2, I believe you are correct regarding the $18mill.

Ricklang:

With ELD SP down 30% from the offer price, the value they are actually paying is $460mil. Surely you don't think that is all that ICG is worth? The SP may well fall back, but at least we will still own the assets of Lamaque.

Within 6 months we will have completed the bulk sample and there will be an updated RE. Also results from GRC 1 and LD will be published. Selling out now and getting shares in a troubled company is complete lunancy IMO.

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