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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

Post by chadioon Jun 23, 2017 11:17am
173 Views
Post# 26397742

special meeting

special meeting........curious as to if anyone here will be attending the special meeting in person in July............the attendies will probably hear 3.6 million ( 1.8 x 2 ) reasons why it is such a good deal.........why the smaller retail shareholders became collateral damage in this game..........why the blue sky potential of ICG being on their own longer have turned to stormy dark skys.........why the bod accepted an offer that may have increased if they had waited till year end when all the   " catalysts"  were reported.........just my assumptions on the above.........also just an observation.....I was a Century shareholder and was involved in the mess that followed the plan of arrangement with White Tiger.......before the financial crisis of 2008 Century was  seeking financing, Fortis Bank had spent 6 months at the Sigma/ Lamaque mine doing their DD before agreeing to finance the project at 75 million dollars I believe.......by that I had assumed there was  gold in them there holes in the ground........fast forward to the last couple of years.....there was a news release by ICG where George had  stated that there could be upwards of 4 million ounces still in those mines.......but the next day the regulators made him retract that statement.......I had figured that since George started off with Placer Dome at that mine, he had a better idea of what was there in the ground.........so I tended to accpet there very could be another 4 million ounces, maybe more in the ground there..........as it turns we may not benefit from that if it is found since it will get lost in Eldorado's problems........just an observation........from past experience I believe this deal will go through....Century did the same thing with the third party recommendations.......the same third partys too I recall
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