Techcom Inc (TCRI)

[aljafy]

so if it's dead, who's keeping this pink without even one hiccup?

[meitze]

Dead ticker. Ali left this high and dry years ago.

[Tomorrowland23]

Interestingly, this was also today. Today marks an important milestone for Phoenix Group.
We held our 2nd Annual General Meeting at 3:30 PM, bringing together our leadership, shareholders, and partners to reflect on our achievements, share key updates, and outline our bold vision for the future.

As we continue to grow and lead in Bitcoin mining and digital asset infrastructure, today’s discussions reaffirmed our commitment to innovation, transparency, and delivering long-term value.

Thank you to everyone who continues to be part of the Phoenix journey.

Munaf Ali
Farah Zafar
Sher M.

[Tomorrowland23]

This was just follow up. Carl was removed some time ago. When David Walters was hired full time to lead US projects and Manuff’s brother took over as CEO of the TCRI shell. Also Charlie and Simon was let go. It was noted back in January or February. We were just wondering what had happened to him.

[meitze]

Lol, as the pieces start to fall.

[Tomorrowland23]

Carl Argen- This week marks an end. I end my journey with Phoenix Group. I am looking forward to get things ahead. I would like to thank all of my colleagues and friends and wish them all the greatest of success!
As for me, please watch, there are great thinks ahead as I step out on my own and work with others to create greatness. I look forward to developing Wonder Valley and much much more!
Stay tuned!

[Stonks24]

Hmm interesting... opening up multiple offices in the USA

[Kwamisika23]

Not sure if they have office in Dallas Texas as well or if it's just mining but link also shows NYC as well.. see the 2 links below -

https://www.linkedin.com/posts/rezanedjatian_phoenix-is-excited-to-announce-the-opening-activity-7307833227363151874-3n-X?utm_source=share&utm_medium=member_android&rcm=ACoAABijzh8BQErgo08gpHtDJsWajEgbzXXKfGs

https://www.linkedin.com/posts/grace-huang-chivers-8b276568_datacenter-cryptomining-partnerships-activity-7312611699897892864-Plto?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAABijzh8BQErgo08gpHtDJsWajEgbzXXKfGs&utm_campaign=copy_link

[Mark954]

https://www.sec.gov/Archives/edgar/data/1481443/000168316825002100/techcom_nt10k.htm

[Mark954]

We should see the 10-K or a NT 10-K by tomorrow.

Mark out

[Stonks24]

Did they say that the Texas office was now open or that they are planning to open one up?

[Stonks24]

We will see… and if that is the case when would be the best time for them to merge in? End of year? They did their UAE IPO in Nov/Dec and had a lot of success with that, would they stick to that timeline for this? Or will they not use TCRI at all. Hard to say right now. Seems like they are working on the USA just not sure how Tcri fits into it.

[Chuck Mustang]

I would tend to agree with you, all the signs are there, I'm just waiting to see what unfolds.

[Mark954]

I am convinced that TechCom is in the process of morphing into Phoenix USA.

Mark out

[Mark954]

https://www.cnbc.com/2025/03/27/coreweave-debut-landmark-moment-in-ai-boom-could-start-ipo-parade.html

[Mark954]

https://www.linkedin.com/posts/phoenixgroupuae_aetaeuaetaewaehaerabraepaeyaeuaeyaeraeb-aesaehaexaeyaeuabraepaesaehaetaesaepaesabraepaesaetaecaepaezaer-activity-7310301869652779011-HADx?utm_source=share&utm_medium=member_desktop&rcm=ACoAACHIRnIB0Cym-V2lwbzRgTt6KRrEUy9kHPU

[Tomorrowland23]

Interesting take here. Again not directly related to TCRI but I like that one point. ? Position UAE as advanced data center leader

NO DOUBT - H.H. Shaikh Tahnoon is the man of the year! 🇦🇪

He is propelling UAE to the forefront of the global AI race.

In just few weeks, he:

? Invested $1.4 trillion in AI projects in the US
? Joined $30 billion AI partnership with xAI, NVIDIA
? Set up MGX AI fund with BlackRock and Microsoft
? Position UAE as advanced data center leader
? Led M42 effort to ~ 1 million genomes mapping
? Engaged with global tech leaders

Make no mistake: the UAE is ALREADY a global leader in AI

[Tomorrowland23]

True. Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's National Security Advisor and chairman of International Holding Company (IHC, 240 billion market cap), controls a significant portion of the company through his business empire, with Royal Group holding the majority stake. Abu Dhabi's International Holding Company (IHC) acquired a 10% stake in the cryptocurrency firm Phoenix Group through its subsidiary, International Tech Group, according to a disclosure on the Abu Dhabi Securities Exchange (ADX).

[Mark954]

Not directly related to TCRI but very interesting nonetheless. The relationship is getting stronger and stronger. https://www.foxnews.com/politics/white-house-thanks-uae-agreeing-10-year-1-4-trillion-investment-framework

Mark out

[Mark954]

Yep, same guy who owns >87% of the outstanding shares of this TCRI shell. https://www.otcmarkets.com/filing/html?id=15126834&guid=93B-kaxCCowfJth

Mark out

[Tomorrowland23]

https://uaestories.com/munaf-ali-capital-markets-to-blockchain/

[ground_fog]

Another 38k bought at .165 with no rational way to sell. fwiw

[Tomorrowland23]

Manuf Ali’ post on LinkendIn today.

Last week’s Cantor Global Technology Conference in New York was a pivotal moment for Phoenix Group—not just as participants but as pioneers. As the first digital asset company from the MENA region to engage on this global stage, we immersed ourselves in transformative conversations shaping the future of technology and finance. Here’s what stood out:

The shift toward institutional adoption of crypto is undeniable. Traditional financial giants are now integrating digital assets into portfolios, driven by clearer regulations and maturing infrastructure. Michael Saylor’s insights on Bitcoin as a “digital gold” resonated deeply, reinforcing our conviction in this sector’s long-term growth potential.

The close relationship between Bitcoin mining and AI/data centers has become a hot topic. Both require immense computational power and energy, sparking debates on optimizing infrastructure and sustainability. At Phoenix, our expertise in large-scale digital infrastructure positions us to lead in co-location strategies and energy-efficient solutions.

I also had the pleasure of attending a private dinner hosted by Brandon Lutnick, the new chairman of Cantor Fitzgerald, alongside industry leaders like Mike Novogratz from Galaxy Digital and the Winklevoss twins from Gemini. I also had the privilege of participating in sessions and panels with Riot, Terrawulf, and Cleanspark, which further validated our roadmap and suggested that the future will see increased demand for our energy, experience, and expertise.

We are expanding in North America, as evidenced by the recent energization of our 50MW facility in North Dakota. We plan for further expansion, as well as a potential overseas listing to deepen our global footprint. The conference emphasized that our MENA-rooted vision has universal relevance—bridging markets, technologies, and opportunities.

A heartfelt thank you to Cantor and all partners, peers, and innovators who shared their perspectives. The road ahead is charged with potential, and Phoenix Group is ready to lead with agility, collaboration, and sustainable ambition.

Let’s connect, collaborate, and catalyze the next wave of digital transformation.

[Mark954]

I totally agree with your assessment.

Mark out

[Tomorrowland23]

Correct. It’s a very high reward vs risk at this point. Looks promising but nothing is concrete and they may not use the shell. The ADX listing is only about 18% of the company no matter the amount of shares. And this would be some sort of reverser merger instead of an IPO. With all the growth ahead and the fact they already feel undervalued I don’t see any dilution dump on any parts of the organization they may transfer in here. Some big investors may buy in but they would be going long and wouldn’t want dilution dump either. Big investors would actually add value with the shares they purchase so that isn’t really a concern of mine if this ends up being used. Imo that’s why they are over showing and discussing what they can do in the mining, datacenter, and digital infrastructure sectors. The timing and policy shift seems to be the reason they are even willing to give up any control of ownership for the focused expansion into the US markets.

[Stonks24]

Nobody knows, we still don't know what/if they are going to use tcri for anything. Also, we don't know if they are planning on a full dual listing of the Phoenix company or just some assets. It could be an affiliated entity with potentially a different share structure or it could be the company with the same structure, no clue at this point.

[aljafy]

Yes, Pheonix Group can justify that, Techcom cannot (yet).

[WHITTENHALLJR]

So when will they dump them?

[Stonks24]

Phoenix group on the Abu Dhabi exchange has over 6 billion shares

[aljafy]

not if his goal is to be a Nasdaq-listed company

[Stonks24]

Do you think we will see a massive share increase when/if something comes in?

[ground_fog]

Another 39K at .165. It's going to break one day

[Tomorrowland23]

Wow they are on it. Reza Nedjatian just posted this. Phoenix is excited to announce the opening of a U.S. office as part of our expansion plans in the United States. We are currently seeking Assistant Operation Managers with a minimum of 4 years of experience in the Data Center industry. The ideal candidates should be adept problem solvers, ready to take on the challenge of building and operating our current and future sites. If you are ready to make a move to Dallas and join our dynamic team, we want to hear from you!

[Mark954]

A lot of people don't know about this shell. It's not on Phoenix's books. The ownership of TCRI is listed under Mr. Munaf Ali, C/O AlphaBit, LLC (a Nevada listed company). Mr. Ali stated publicly a few years ago that "We" acquired a U.S. company (TCRI) for the sole purpose of listing some of Phoenix's assets. They put those plans on hold, I assume because of U.S. administration at the time, .................until now????? Totally new environment here in the U.S.

Mark out

https://www.otcmarkets.com/filing/html?id=15126834&guid=93B-kaxCCowfJth

[aljafy]

Would think we'd see more activity from folks in Munaf's inner circle.

[Mark954]

Interesting and exciting stuff from Phoenix.

Exclusive look inside Bitcoin Mining on Crypto Weekly | @CNBCArabia

Few get to witness how and where Bitcoin is mined, but this week on Crypto Weekly, @HenriArslanian steps inside Phoenix Group’s state-of-the-art Bitcoin mining farm in Abu Dhabi, the largest in the Middle… pic.twitter.com/Y6rqGq2Giq

— Phoenix Group (@phoenixgroupuae) March 18, 2025

Exclusive look inside Bitcoin Mining on Crypto Weekly | @CNBCArabia

Few get to witness how and where Bitcoin is mined, but this week on Crypto Weekly, @HenriArslanian steps inside Phoenix Group’s state-of-the-art Bitcoin mining farm in Abu Dhabi, the largest in the Middle… pic.twitter.com/Y6rqGq2Giq

— Phoenix Group (@phoenixgroupuae) March 18, 2025

Mark out

[Mark954]

Not sure exactly what is going on, but it very much seems like they're prepping this shell for something. Perhaps something to do with data centers?

Mark out

[Tomorrowland23]

I don’t know. They seem to be interested or at least have meet and discussed similar technology with this company. https://www.coolitsystems.com/

They are in the Alberta area where O’Leary has plans for the Wonder Valley project.

[newuser]

Anybody heard of this tech. Might be relevant for Munaf/Carl from a mining standpoint

just spitballing and waiting. Private Co. Interesting claims on cooling/power savings...no water!

https://www.forcedphysics-dct.com/edge

https://www.einpresswire.com/article/766948922/forced-physics-dct-partners-with-liberation-technology-services-to-revolutionize-modular-data-centers-and-crypto-mining

https://plannet.com/transformative-cooling-technology-for-data-center-industry/

[ground_fog]

starting to get more bids..more action Level 2

[Mark954]

This should be interesting. https://x.com/phoenixgroupuae/status/1901604321357111478/photo/1

Mark out

[ground_fog]

Somebody bought 40k at .16 and that wall finally fell. One pr and this 10x. People forget this went over $3 3 years ago on just the rumor Phoenix is involved. different market now though . OTC is as dead as a doornail

[Not likely]

The change with the brass was welcoming.

It’s very telling.

[ground_fog]

SOmebody just bought 40k at .16 with that spread. They aint looking to sell

[Mark954]

According to the 8K, Mr. Ali was appointed because of his experience in international senior level management. TechCom (TCRI) is now even more connected to Phoenix, Cypher Capital and Cypher labs than ever before. What is their plan is the question? I believe Aziz Ali is Munaf Ali's brother. Does this mean Phoenix's access to the U.S capital markets is imminent?

Mark out

[Laster]

Took way too long.
They are the absolute worst.
This is great news for you and the company.

[Mark954]

There you go, Laster. It's official. Charles and Simon are out.

Mark out

[Mark954]

Another very VERY interesting twist! Thoughts......anyone?

Mark out

[Mark954]

8K out. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001481443/000168316825001452/techcom_8k.htm

Mark out

[Mark954]

Big week for Phoenix!! Perhaps they make some announcements alongside of this week's events. I would think we'll be hearing something about TechCom (TCRI) as well very soon always keeping in mind that Phoenix/Mr. Ali own the majority stake in the TCRI shell.
https://www.linkedin.com/feed/update/urn:li:activity:7304792322880212993/?origin=SHARED_BY_YOUR_NETWORK
https://www.cantor.com/conference/cantor-global-technology-conference/

Mark out