Techcom Inc (TCRI)

[sollyman]

hi new investor here ,could anyone tell me what's the connection between TCRI and phoenix group ? an answer would be much appreciated ,thx

[falon]

There are a lot of unanswered questions as to what is happening with TCRI.

Why establish a website?

https://techcom-inc.com/

Why did TCRI appoint the CEO and CFO of EdgeMode?


Is EdgeMode part of the future plans for TCRI?

Charles Faulkner, age 38 - Mr. Faulkner has served as Chief Executive Officer of EdgeMode Inc. from March 2020 to present. At EdgeMode, he is responsible for general management of business operations, vision and growth of the business, including corporate development, marketing and strategy. He worked as a director responsible for day to day management of operations at North Block Capital Led. from December 2017 to March 2020. Mr. Faulkner has a Bachelor of Arts with honors from De Montfort University.

Simon Wajcenberg, age 56 - Mr. Wajcenberg has served as the Chairman and Chief Financial Officer, with responsibility for board oversight and financial operations, at EdgeMode Inc. from March 2020 through the present. He served as Chief Executive Officer of North Block Capital Ltd from December 2017 through March 2020. He has served as Chairman of the Board of EdgeMode Inc., a company publicly traded in the United States, from February 2022 to present. Mr. Wajcenberg has passed three A levels in the United Kingdom.

What move does Ali Munaf co-founder and Group Managing Director, Phoenix Group plans to make with TCRI?

https://phoenixgroupuae.com/

AlphaBit, LLC, a Nevada limited liability company, is the record holder of 55,070,000 shares of Issuer's Common Stock and 1,000,000 shares of Issuer's Series A Preferred Stock. The 1,000,000 shares of Issuer's Series A Preferred Stock may be converted at any time into up to 15,000,000 shares of Issuer's Common Stock.

Item 2. Identity and Background


(a) This Schedule 13D is being jointly filed by AlphaBit, LLC, a Nevada limited liability company (“AlphaBit”), and Munaf Ali (“Mr. Ali”, together with AphaBit, the “Reporting Persons”), a citizen of United Kingdom, who is the sole beneficial owner of AlphaBit.


(b) AlphaBit’s address is Skyview Residences Tower 1, Apartment 4804, Downtown Dubai, UAE; Mr.Ali’s address is Skyview Residences Tower 1, Apartment 4804, Downtown Dubai, UAE.


(c) The principal business of AlphaBit is providing investment advice to regulated crypto asset funds; Mr. Ali’s present occupation is entrepreneur.

Interest in Securities of the Issuer


(a) - (b) The aggregate number and percentage of shares of Common Stock beneficially owned by the Reporting Persons (based upon a total of 79,990,254 shares of Common Stock, par value $0.00001 per share, issued and outstanding, which includes 64,990,254 shares of the Company’s common stock outstanding as of July 27, 2021 and assuming conversion of all of the Series A Preferred Stock beneficially owned by the Reporting Person) are as follows:


AlphaBit, LLC


Amount beneficially owned: 70,070,000(1) Percentage: 87.60%
Number of shares to which the Reporting Person has:
i. Sole power to vote or to direct the vote:
ii. Shared power to vote or to direct the vote: 70,070,000(1)
iii. Sole power to dispose or to direct the disposition of:
iv. Shared power to dispose or to direct the disposition of: 70,070,000(1)


https://www.sec.gov/Archives/edgar/data/1481443/000168316821003194/schedule13d.htm


Who holds the other 9,920,254 shares not owned by AlphaBit?

There are many many questions to be answered.

Hopefully in the weeks and months ahead they will be revealed.

The stage has been set:

Website

CEO

CFO

Established owners of TCRI

[Laster]

Cross trade? What? That might the dumbest comment ever! Do you even know what a cross trade is? Sorry bro, but someone dumped 50,000 shares into the market. That was definitely NOT a cross trade! Look at the trade below.
No bid support. See you under $0.10 real soon. Back to $0.05?
That is what you call the Charlie effect!

14:58:42 Q 0.1201 -0.061 1,200
14:58:37 Q 0.12005 -0.06105 37,916
14:58:34 Q 0.16 -0.0211 5,000
14:58:31 Q 0.18 -0.0011 84
14:58:29 Q 0.18 -0.0011 5,000

[Chenteddybear]

Yes but that was carried through the take over from the previous company, and that can be changed anytime by the new management.

[Maxinvestor89]

The A/S I mentioned is also what's shown on OTCmarkets AND TCRI 10-Qs and 10-Ks

[aljafy]

iggy works well, just wish it would roll into iggy for the posts where people respond to my iggy

[harrylamps]

Stop reporting my messages and I’ll respond to you every time

[harrylamps]

Cross trade you idiot learn how to read a tape

[Laster]

Hey, where did that idiot harrylamps go?
Hey bro, told you Charlie and company would destroy this stock.
Now at $0.12 on decent volume.
Clearly you are a noob. Go do some actual DD (that means due diligence).
Absolutely no one trusts Charlie and his crony buddy Simon.
JMO.

[Laster]

NASA… we have a big frikkin problem here.
Oh that’s right, Charlie and his cronies are involved.
Maybe that explains the drop in stock price.
That dude is the epitome of scammer.
JMO.

[Chenteddybear]

OTC profile should see some updates soon after the IPO

[Tomorrowland23]

They list next Tuesday instead of Monday on the ADX due to a UAE National Day.

[Chenteddybear]

Still here XD

[Tomorrowland23]

Nice find.

[i_like_bb_stock]

nice

[Mark954]

Wow! How about them apples? The stars are aligning for $TCRI. https://finance.yahoo.com/news/york-stock-exchange-abu-dhabi-120000589.html

Mark out

[Laster]

Don’t trust Charlie and his cronies.
He will find a way to F up this stock.
He has history of screwing 2 OTC plays already.
Both had good share structure and he destroyed them both simultaneously.
Hope this works out but I think I know how this story will end.

[Tomorrowland23]

https://twitter.com/M2Exchange

[i_like_bb_stock]

Yep

[i_like_bb_stock]

📈 Retail investors have spoken, oversubscribing Phoenix Group's IPO by 180x, as reported on Binance News! This is what market enthusiasm looks like - https://t.co/4zkFFBial7#PhoenixGroup #PhoenixIPO #RetailInvestorRush #InvestorExcitement pic.twitter.com/JTLwWi3ERj

— Phoenix Group (@phoenixgroupuae) November 23, 2023

[Chenteddybear]

That’s huge! Company also very active now on Twitter

[i_like_bb_stock]

Phoenix Group raises a staggering $370M in IPO, with huge investor interest.

Get the scoop on @Investingcom - https://t.co/630TQqNUNR#PhoenixGroupIPO #FinancialMilestone #Bitcoin #CryptoMining #CryptoUAE #PhoenixGroup pic.twitter.com/4x1fObGoaP

— Phoenix Group (@phoenixgroupuae) November 23, 2023

[Lizard002]

[Chenteddybear]

Will break .40 next trading session

[meitze]

With all the hype around it I would expect it to be moving higher each day, but it isn't yet. Still low volume and pps up & down. Maybe after the ADX debut it'll start moving. Should be a fun ride once volume starts to increase. Glta.

[i_like_bb_stock]

🚀 Unprecedented demand! Phoenix Group's IPO sees a 180x retail oversubscription ahead of our Dec 4 listing on ADX.

Read more: https://t.co/8vw68xzH1h#PhoenixGroup #CryptoInnovation #ADXListing pic.twitter.com/UDgrZYPlYt

— Phoenix Group (@phoenixgroupuae) November 22, 2023

[Chenteddybear]

once they are done with ADX listing process, they will move it forward to US, watching this very closely as it can shoot up into dollars all of a sudden when it’s time.

[i_like_bb_stock]

yes saw that

[Mark954]

$TCRI https://ca.investing.com/news/stock-market-news/phoenix-group-ipo-sees-massive-oversubscription-raises-370m-93CH-3184717

Mark out

[i_like_bb_stock]

nice

[ANTI-BAGHOLDER]

$TCRI According to its IPO prospectus, Phoenix recorded a gross profit of $76 million for the first nine months this year on a revenue of $229 million. For the year 2022, it made a gross profit of $171 million with a gross margin of 22.6%.

https://theminermag.com/news/2023-11-21/uae-bitcoin-mining-phoenix-ipo/

[ANTI-BAGHOLDER]

Very nice! To bad it says nothing about US listing.

Cause that’s all it would take….

[falon]

Phoenix Group's IPO Sees Unprecedented 180x Oversubscription from Retail Investors, Signifying Strong Market Confidence

ABU DHABI, UAE, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC (https://phoenixgroupuae.com), a leading player in cryptocurrency mining, tech, and blockchain, has successfully closed its initial public offering (IPO) with an impressive 33 times oversubscription, demonstrating robust investor interest. The company's offer of 907,323,529 shares has seen an overwhelming demand, particularly from retail investors who oversubscribed by 180 times. Professional investors also showed strong support, contributing to a 22-fold oversubscription, underscoring the strength and potential of Phoenix Group.

The offer period, which concluded on November 18, 2023, witnessed an enthusiasm that far surpassed expectations, showcasing the company's solid standing in the burgeoning Middle Eastern crypto economy.

Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, added: "The overwhelming interest during the offer period is a powerful endorsement of our pioneering role in Cryptocurrency Mining and Blockchain. The anticipation leading up to our listing on ADX, as reflected by the oversubscription, is a testament to the confidence investors place in our vision and the potential they see in Phoenix Group."

Munaf Ali, Co-Founder & Group MD of Phoenix Group PLC, commented on this milestone: "The exceptional oversubscription during our offer period is a clear indicator of the market's endorsement of Phoenix Group as a leader in Cryptocurrency Mining and Blockchain Technology. As we prepare for our listing on ADX on December 4, 2023, under the trading symbol PHX, we are more committed than ever to enhancing our mining capabilities and driving tech innovations forward."

The successful close of the offer period paves the way for Phoenix Group's anticipated listing on the ADX, a significant step that will further solidify its position as an innovator and leader in the tech and blockchain sectors. The listing, scheduled for December 4, 2023, under the trading symbol PHX, marks a new era for Phoenix Group.

Phoenix Group PLC extends its deepest gratitude to its investors, partners, and team for their unwavering support and contribution to the resounding success of the offer period. The company looks forward to embarking on its next phase of growth and innovation as it prepares for its public listing.

About Phoenix Group PLC

Phoenix Group PLC is an industry leader in cryptocurrency mining, tech, and blockchain, renowned for its innovative solutions that drive the digital finance sector forward. The company has successfully developed and implemented proprietary blockchain technologies and advanced crypto mining operations globally, establishing itself as a trusted entity in the tech space. As Phoenix Group prepares for its listing on the ADX under the trading symbol PHX, it is poised to leverage its accomplishments to expand further and continue its trajectory of innovation and growth within the global digital economy.

https://www.globenewswire.com/news-release/2023/11/21/2783783/0/en/Phoenix-Group-s-IPO-Sees-Unprecedented-180x-Oversubscription-from-Retail-Investors-Signifying-Strong-Market-Confidence.html

[aljafy]

We very good here

[falon]

TCRI is controlled by one of the most successful crypto companies around.

They have a plan for this ticker and have waiting patiently to put their plan into action.

Charlie and Simon may run day to day however the major decisions will come from Dubai.

We good here

[falon]

Why did TCRI appoint the CEO and CFO of EdgeMode?

Is EdgeMode part of the future plans for TCRI?

Charles Faulkner, age 38 - Mr. Faulkner has served as Chief Executive Officer of EdgeMode Inc. from March 2020 to present. At EdgeMode, he is responsible for general management of business operations, vision and growth of the business, including corporate development, marketing and strategy. He worked as a director responsible for day to day management of operations at North Block Capital Led. from December 2017 to March 2020. Mr. Faulkner has a Bachelor of Arts with honors from De Montfort University.

Simon Wajcenberg, age 56 - Mr. Wajcenberg has served as the Chairman and Chief Financial Officer, with responsibility for board oversight and financial operations, at EdgeMode Inc. from March 2020 through the present. He served as Chief Executive Officer of North Block Capital Ltd from December 2017 through March 2020. He has served as Chairman of the Board of EdgeMode Inc., a company publicly traded in the United States, from February 2022 to present. Mr. Wajcenberg has passed three A levels in the United Kingdom.

[Laster]

History tends to repeat itself especially with horrible management.
Charlie and Simon have destroyed Edgemode.
I expect they will do the same here.
They are completely incompetent and are just scum.
Let’s see how much they can screw up this deal.

[Chenteddybear]

Why are we discussing Edgemode, Inc balance sheet here?? And the current AS for TCRI was from the previous entity that’s registered in Nevada. Techcom is Delaware.

[Mark954]

Consider this regarding TCRI:

Foreign companies often choose to list on foreign exchanges but trade Over-the-Counter (OTC) in the United States for a variety of reasons, including regulatory, cost, and visibility considerations:

* Regulatory Differences: Listing on a foreign exchange may involve complying with different regulatory requirements and standards. The regulatory landscape in the U.S. can be complex and demanding, which might deter some foreign companies from directly listing on U.S. exchanges. By trading OTC, they can avoid some of the regulatory hurdles associated with a formal U.S. exchange listing.

* Cost Considerations: Listing on major U.S. exchanges like the New York Stock Exchange (NYSE) or NASDAQ can be expensive due to listing fees, compliance costs, legal fees, and ongoing reporting requirements. Trading OTC might offer a more cost-effective way for foreign companies to access U.S. investors without incurring the high costs of a formal exchange listing.

* Market Access: By trading OTC, foreign companies can still gain access to U.S. investors without necessarily having to comply with all the listing requirements of a U.S. exchange. This is particularly attractive for smaller foreign companies that may not meet the stringent criteria for a U.S. exchange listing.

* Liquidity and Visibility: While trading OTC may offer access to U.S. investors, it might not provide the same level of liquidity and visibility as a major U.S. exchange. However, for some foreign companies, the OTC market can still provide a platform to engage with U.S. investors and build brand recognition over time.

* Flexibility: OTC trading can be more flexible in terms of reporting requirements and ongoing obligations. Foreign companies might prefer this flexibility, especially if their reporting and governance practices differ from U.S. standards.

* Timing and Strategy: Some foreign companies might use the OTC market as an initial step to gauge U.S. investor interest before committing to a full exchange listing. It allows them to test the waters and assess market demand without making a significant upfront commitment.

* Dual-Listing Strategy: In some cases, foreign companies might pursue a dual-listing strategy, where they maintain their primary listing on their home exchange and also trade OTC in the U.S. This strategy can offer a compromise between regulatory requirements and market access.

* Risk Perception: Some foreign companies might perceive trading OTC as less risky in terms of compliance and regulatory obligations compared to listing on a major U.S. exchange, which can be seen as a more stringent and closely scrutinized environment.

It's important to note that each company's decision is influenced by its specific circumstances, goals, and market conditions. The choice between listing on a foreign exchange and trading OTC in the U.S. involves a careful consideration of factors such as regulatory complexity, costs, market visibility, and investor preferences.

[falon]

We good.

We don't care.

What does bode well for TCRI is the person that owns and controls it:

We you be so kind to share some background on that individual.

I will help you bet started:

Item 1. Security and Issuer


This statement relates to the shares of common stock, par value $0.00001 (the “Common Stock”) of TechCom, Inc. (the “Issuer”), with its principal office located at 1600 E Florida Ave, Ste 214, Hemet, CA 92544-8648.



Item 2. Identity and Background


(a) This Schedule 13D is being jointly filed by AlphaBit, LLC, a Nevada limited liability company (“AlphaBit”), and Munaf Ali (“Mr. Ali”, together with AphaBit, the “Reporting Persons”), a citizen of United Kingdom, who is the sole beneficial owner of AlphaBit.


(b) AlphaBit’s address is Skyview Residences Tower 1, Apartment 4804, Downtown Dubai, UAE; Mr.Ali’s address is Skyview Residences Tower 1, Apartment 4804, Downtown Dubai, UAE.


(c) The principal business of AlphaBit is providing investment advice to regulated cryptoasset funds; Mr. Ali’s present occupation is entrepreneur.


(d) During the last five years, none of the Reporting Persons has been convicted in any criminal proceedings.


(e) During the last five years, none of the Reporting Persons has been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws.


(f) AlphaBit is a Nevada limited liability company; Mr. Ali is a citizen of the United Kingdom.


Item 3. Source and Amount of Funds or Other Considerations


On May 26, 2021, AlphaBit entered into a stock purchase agreement (the “Stock Purchase Agreement”) with Mr. Kok Seng Yeap (“Mr. Kok”), pursuant to which AlphaBit pay $550,000.00 in exchange for 55,070,000 shares of Common Stock and 1,000,000 shares of Series A Preferred Stock (the “Subject Shares”) from Mr. Kok. The consideration for the purchase of the Subject Shares that this statement relates to is from the working capital of AlphaBit.



Item 4. Purpose of Transaction


All of the Subject Shares were acquired for investment purposes. The Reporting Persons intend to review on a continuing basis, the investment in the Issuer. Based on such review, the Reporting Persons may acquire, or cause to be disposed of, securities of the Issuer at any time or formulate other purposes, plans or proposals regarding the Issuer or any of its securities, to the extent deemed advisable in light of general investment and trading policies of the Reporting Persons, the Issuer’s business, financial condition and operating results, general market and industry conditions or other factors. The Reporting Persons may also engage in discussions with the Issuer and Issuer’s management and board of directors, other stockholders of the Issuer and other interested parties that may relate to the governance and board composition, management, business, operations, strategic plans, and the future of the Issuer.


Except as otherwise described in this Schedule 13D, the Reporting Persons currently have no plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in the present Board of Directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board except as may be required for the Issuer to comply with exchange listing requirements with respect to the number of independent directors; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer’s business or corporate structure; (g) any changes in the Issuer’s charter or by-laws or other actions which may impede the acquisition or control of the Issuer by any person; (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an interdealer quotation system of a registered national securities association; (i) causing a class of equity securities of the Issuer to become eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to those enumerated above.
https://www.sec.gov/Archives/edgar/data/1481443/000168316821003194/schedule13d.htm

[Mark954]

$TCRI is owned and back by the Phoenix Group conglomerate and the IHC out of the UAE so I think your analysis is faulty at best. There will be no need whatsoever for any kind of toxic financing. You MUST understand who the people are that are backing and essentially own the TCRI shell. If you refuse to acknowledge this FACT!, then your loss not mine.

Mark out

[Laster]

Diagonal is Curt Kramer, the worst of the worst toxic lender in the business.
The fact that Charlie used Diagonal just means to me that he is an awful CEO.
He personally destroyed FWAV (now Edgemode) with horrible business plans.
This does not bode well for TCRI IMO.
TCRI will have the same difficulties finding financing like Edgemode.

[i_like_bb_stock]

I think the as is just something that was left over from the prior entity and will be reduced over time.

[Maxinvestor89]

The shares authorized number is something that does concern me.

EDGM hasn't diluted in months (some shares went from Restricted to Unrestricted, but I'm talking about new shares being added to the shares outstanding).

During the merger (FWAV issued over 300m shares to Edgemode shareholders) and only 18.5m shares to Noteholders at 0.25$/share)

Cleary, those shares aren't the reason why the stock kept declining... The reason is because the Revenues are just not even close to be significant and VERY far from their projections... Mainly because their hosting provider went Bankrupt and also due to the lack of significant financing (won't be an issue with TCRI, at all!)

Then, they entered into various convertible notes at discount (29-35%, and one of them at 50%, but amount 50-60K$, total ~250K$. None of these have hit the Market, YET!

This below, is worrying, as of VERY RECENTLY! (IT DOESN'T DIRECTLY EXPLAIN THE STOCK PRICE FALLING, THESE PAST 2 YEARS, AT ALL! IT WILL LEAD TO SHARES BEING ISSUED SOON, THOUGH)

https://www.otcmarkets.com/filing/html?id=17042010&guid=bXJ-kHAvCTkEdth

NOTE 10 – Subsequent Events


On October 20, 2023 the Company received notice from 1800 Diagonal Lending LLC, the holder of the April Promissory Note, Convertible Note and August Promissory Note (collectively, the “1800 Notes”) that such notes were in default. The holder has made demand for the immediate payment of the 1800 Notes of a sum representing 150% of the remaining outstanding principal balances of the 1800 Notes in the aggregate of $250,008.99, together with accrued interest and default interest as provided for in the 1800 Notes. As a result of the default, the 1800 Notes are convertible into common stock.

[i_like_bb_stock]

sweet thx

[Mark954]

Phoenix IPO has begun. https://www.bloomberg.com/press-releases/2023-11-16/phoenix-group-plc-announces-commencement-of-offer-period-for-upcoming-ipo

Mark out

[Chenteddybear]

$TCRI hourly MACD to cross soon, RSI rest, consolidations almost over, ready to make higher highs amidst the IPO and the coming dual listing by their parent company Phoenix Group from UAE, the mining giant that powers M2 exchange with 1.2GW mining operations. First time seeing $1 on level II.

[Chenteddybear]

This will be $3 again and higher this time around. It’s churning here because it’s building a sustainable move.

[goingUPagain]

Semper fi !

[Mark954]

I'm saying those spot ETF's are a big deal for the industry as a whole! Within a year or so of those approvals, we'll see big institutions taking part in Crypto as a matter of standard practice. Watch!!

Mark out