Techcom Inc (TCRI)

[Mark954]

That's the way I read it.

Mark out

[ANTI-BAGHOLDER]

$TCRI incentive warrants aren’t paid out until these are met:
$75 million financing in place
$75 million in assets transferred from Phoenix
$2 million in monthly revenue (1st warrant)
$10 million in monthly revenues (2nd warrant)
$75 million LOC repaid.

5 months to achieve this…

[Mark954]

Sorry, my bad. I initially miss read that agreement while driving earlier. We shall see very soon about that part though as they're not giving them much time for things to start happening. I assume they already have some potential investor(s) lined up for that $75 million?? Mr. Wonderful perhaps? I know he's very much been wanting to invest with these guys (The Pheonix Group). Hopefully terms will be suitable, or nothing goes through sounds like.

Mark out

[ANTI-BAGHOLDER]

No, TCRI needs to come up with the $75 million in exchange for assets from Phoenix

[Laster]

I looked at the 8k.
Please show me where it says Phoenix is moving $75 million into TCRI.

This 8k is just an employment agreement stating that Charlie doesn’t get paid unless he can raise $75 million.
He couldn’t do crap with Edgemode.
Whose to say he can do anything here.

[i_like_bb_stock]

now on stockcharts https://stockcharts.com/h-sc/ui?s=TCRI

[i_like_bb_stock]

yes all I needed was to confirm Pheoenix is still involved in this

[Mark954]

Looks like Phoenix is Pumping in $75 million on something that they've got going on. They must be pretty confident in whatever it is to inject that kind of money. Can't wait to find out what it is. Looks like it's gonna happen pretty fast too. Should be hearing more details very soon

Mark out

[Mark954]

Certainly looks that way. How else would they be expecting to generate that kind of revenue.

Mark out

[i_like_bb_stock]

yes all we need is for the word Phenix!

[Mark954]

Task completed

Markl out

[Mark954]

Imagine that!

Mark out

[harrylamps]

What’s up laster the broke basher

[ANTI-BAGHOLDER]

So we have Phoenix group moving over $75 million in assets over to $TCRI

[meitze]

Ok, finally, an 8k! This is what i was hoping for, but was losing faith. That's a lot of $$$!! Could explode soon. Glta.

[i_like_bb_stock]

Please request the ticker on stockcharts

[i_like_bb_stock]

big 8k out here Phoenix is mentioned here big numbers as well https://www.otcmarkets.com/filing/html?id=17218038&guid=czd-kH2IptwfJth

$TCRI big 8K out! A minimum of $75M funding and $2M per month in revenue by June 24. And achieving $10M per month by next year. "Certain mining equipment & other assets that may be transferred to the Company by Phoenix Group" They'll start moving fast now! pic.twitter.com/WeIHHHcRPx

— Terry (@TerryChenOK) January 30, 2024

[Tomorrowland23]

Yes

[ANTI-BAGHOLDER]

Pretty awesome 8k out. Some of Phoenix group assets moving over here

[meitze]

Lol, as expected. Not a peep from these guys in years, just administration changes and updates that mean little here.

[Mark954]

Thanks for the info. Wow! what a big help.

Mark out

[meitze]

Smoke and mirrors. Nothing coming anytime soon. Imo. They have other priorities that far out weigh this ticker.

[Mark954]

A little disappointing that we haven't heard from them as it relates to the direction they plan on taking this shell. Maybe a little more patients is in order to let them get things in order and solidified?????

Mark out

[Bud-Wiser]

Not if Uneducated Investors show up- than $$$ will be lost just like the documented 430k was lost-BWAHAHAHHAHAHA

[Tomorrowland23]

That is kinda where I am at atm. I too like the backing and have no clue about hiring of the new CEO/CFO. They do have good oversight with the Phoenix Group directors/ owners. So who knows. It could rip or dip depending on new information or lack there of.

[Laster]

Will 2024 be the year for TCRI?
Bitcoin on fire.
Seems like good backing here.
Could move with some news.
Hopefully Charlie won’t screw this up.
Looking for fun 2024 here.
JMO

[Tomorrowland23]

Are you serious or foolish? If you’re being serious then just so you know I am in no way connected to the Phoenix Group or have access to Manuf Ali. I can’t answer that question.

[meitze]

Crickets here. Sure would be nice to get a little news as btc rises and the halving in a few months. Which will make it harder to mine btc and get paid. Limited time left for btc mining stocks to move up. Imo.

[Laster]

Please answer this…
Why isn’t Carl the CEO?
Seems like Carl would have been a better choice.
Scammer Charlie and Simon will destroy this stock.
Just wait until they use toxic lender Diagonal.
Maybe they will merge with their failed venture Edgemode. That would be great. Lol.

[Chenteddybear]

$TCRI officers change updated on OTC. Big move coming!

💰0.1800
Pink Current, AS: 9.9B, OS: 64M, US: 9.9M

Officer(s) Added:
🟢Charles Faulkner, CEO
🟢Simon Wajcenberg, CFO
Officer(s) Removed:
🔴Seng Yeap Kok, CEO
🔴Chew Chye Lau, CFO


Director(s) Added:
🟢Carl Stuart Agren, Director
🟢Sheharyar Haider Mal, Director
Director(s) Removed:
🔴Seng Yeap Kok, Director
🔴Chew Chye Lau, Director


Chart, OTC Profile, Twitter, @otcupdates

[Tomorrowland23]

Interesting because you have been bearish on Tcri for a long time. I see that as CEO and CFO have not done much for Edgm however they haven’t had any funds to do anything. Since Bitc pulled back so much in 2022 and the 15 million they recieved would obviously dilute the stock price. However they keep the stock pink current and don’t see anything bad either. What exactly is your issue with them? I know they didn’t tell you to buy and hold the stock.

[Laster]

No issues with TCRI except they were dumb enough to make Charlie their CEO and his sidekick Simon the CFO.
These idiots are really good at destroying companies and shareholders.
They are so incompetent it is pathetic.
They have no credibility and therefore Phoenix has lost some credibility also.
Good luck.

[Tomorrowland23]

I didn’t realize you was a bear for like 2 years on Tcri. I suppose you think the Phoenix group’s mission of going public was to list on the ADX with the other 78 companies listed on there. 🙄

[Tomorrowland23]

https://www.globenewswire.com/news-release/2023/12/07/2792403/0/en/Phoenix-Group-and-Whatsminer-Seal-380M-Deal-for-Sustainable-Hydro-Powered-Mining-Innovation.html

[Tomorrowland23]

https://adxservices.adx.ae/cdn/contentdownload.aspx?doc=3003890

[Tomorrowland23]

https://adxservices.adx.ae/cdn/contentdownload.aspx?doc=3003890

[falon]

It was a great for the company that owns this ticker.

Stock will perform when assets are put into it.

You keep focusing on Charlie and Simon who are just the hired help and can be easily replaced if needed.

What is your opinion, thoughts or insights on the board of directors who are a CEO and CFO in the Phoenix Group organization.

Mr. Carl Stuart Agren, age 47 – From April 2022 through the present, Mr. Agren has served as Chief Executive Officer of Phoenix Group, a company specializing in cryptocurrency and blockchain technology. From May 2018 thought March 2022, he served as Chief Operating Officer of G42 Cloud. The Company believes the Mr. Agren is well suited to be a Director due to his experience in international senior level management and as a company officer. Mr. Agren has a Master of Art, Business Information Systems, from the University of Phoenix and a Bachelor of Science, Business Information Systems from the University of Idaho.

Mr. Sheharyar Haider Malhi, age 41 – From July 2023 through the present, Mr. Malhi has been the Chief Financial Officer of Phoenix Group. From May 2022 through July 2023, he was Chief Financial Officer of AI Group. From March 2022 through May 2022, he was Director of KPMG Norway. From November 2018 through March 2020, he was Chief Financial Officer of AK Jensen. From November 2008 through November 2018, he was Senior Manager at KPMG in Ireland and Norway. The Company believes that Mr. Malhi is well qualified to be a Director due to his extensive senior management and director level roles throughout Europe and the Middle East.

What is the duty of the board of directors of a public corporation?
The Bottom Line

The board has a fiduciary duty to make decisions and take actions in the interest of shareholders and stakeholders. It operates independently of management and focuses on a company's major issues rather than its day-to-day operations.

What are the roles and responsibilities of the board of directors?

Set the organization's strategic direction, defining its mission, vision, and values.

Approve and monitor the implementation of strategic plans and initiatives.

Evaluate the organization's performance against strategic goals and make adjustments as needed.

What are the three primary functions of a board of directors?

A board of directors has three formal responsibilities.
They are to oversee the management of the company, to approve corporate strategy, and to make sure the financial statements are accurate. In order to do these things, they need to be able to understand financial statements and have knowledge of business law.


We Good

no

We Very Good

no

We Very Very Good

[Laster]

Stock down over 20% on this special day. Maybe not that special after all.
Having Charlie and Simon involved gives absolutely no credibility to this company moving forward.
They have a horrible track record and will likely destroy shareholder equity here.
Just imagine if they somehow force a merger with their failed venture Edgemode.
That would be awful.
Time will tell.

[falon]

TCRI is a shell company that is connected to the Phoenix Group, Inc. recently appointed a CEO, a CFO and two board members.

The foundation is set.

Waiting for next development.

Key Company Executives
Techcom Inc.
Charlie Faulkner
Chief Executive Officer

Simon Wajcenberg
Chief Financial Officer & Secretary

Sheharyar Haider Malhi
Director

Carl Stuart Agren
Director



https://www.wsj.com/market-data/quotes/TCRI/company-people/executive-profile/244942597

Biographical Information



Mr. Carl Stuart Agren, age 47 – From April 2022 through the present, Mr. Agren has served as Chief Executive Officer of Phoenix Group, a company specializing in cryptocurrency and blockchain technology. From May 2018 thought March 2022, he served as Chief Operating Officer of G42 Cloud. The Company believes the Mr. Agren is well suited to be a Director due to his experience in international senior level management and as a company officer. Mr. Agren has a Master of Art, Business Information Systems, from the University of Phoenix and a Bachelor of Science, Business Information Systems from the University of Idaho.



Mr. Sheharyar Haider Malhi, age 41 – From July 2023 through the present, Mr. Malhi has been the Chief Financial Officer of Phoenix Group. From May 2022 through July 2023, he was Chief Financial Officer of AI Group. From March 2022 through May 2022, he was Director of KPMG Norway. From November 2018 through March 2020, he was Chief Financial Officer of AK Jensen. From November 2008 through November 2018, he was Senior Manager at KPMG in Ireland and Norway. The Company believes that Mr. Malhi is well qualified to be a Director due to his extensive senior management and director level roles throughout Europe and the Middle East.



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.

https://finance.yahoo.com/sec-filing/TCRI/0001683168-23-007677_1481443

[Tomorrowland23]

If it pumps way up that would be good for us. Manuf Ali already stated he was planning on listing part of or some of Phoenix Group in the shell. The more that’s worth can only help us.

[Tomorrowland23]

Nice! Added 100 million to market cap on day one.

[Laster]

Actually closed around $0.54 US.
This could get pumped with bitcoin soaring.
Depends how they promote it.
TCRI really has nothing (directly) to do with this IPO

[meitze]

Wow, .60! Lol. We got a long way to go.

[Tomorrowland23]

https://cointelegraph.com/news/phoenix-surges-50-abu-dhabi-ipo

[Tomorrowland23]

It is today Dec 5th.

[falon]

Phoenix Group Announces Landmark IPO on the Abu Dhabi Securities Exchange

https://finance.yahoo.com/news/phoenix-group-announces-landmark-ipo-010300263.html

ABU DHABI, UAE, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC, a trailblazer in the cryptocurrency mining and blockchain industry, proudly announces its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th, 2023. This historic event marks the first public listing of a crypto mining and blockchain technology company in the Middle East, reflecting the region's rapidly expanding tech and fintech sectors.

Event Details:

Date of IPO: December 5th, 2023

Location: Abu Dhabi Securities Exchange (ADX)


Phoenix Group's IPO represents a significant leap forward for the UAE's burgeoning tech landscape. With a robust post-IPO valuation estimated at approximately $2.47 billion, Phoenix Group is setting a new benchmark for innovation and investment in the region.

Key Highlights of the IPO:

The IPO offer period closed with a massive oversubscription, signaling strong investor confidence.

Phoenix Group's strategic initiatives, including a joint venture with the Abu Dhabi government, exemplify the successful fusion of public policy and private sector innovation.

The Group's commitment to environmental sustainability is underscored by the development of the largest hydropower mining farm in Abu Dhabi, recognized as the world's largest.

Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, remarked, "As we approach our IPO, we're thrilled to unveil our ambitious vision for the future. Anchored by four pillars - innovation in Bitcoin mining, renewable energy ventures, advanced manufacturing capabilities, and strategic acquisitions – we're poised to redefine the technology landscape. This IPO is more than an achievement; it's a launching pad for Phoenix Group's global aspirations."

Munaf Ali, Co-Founder & Group MD of Phoenix Group PLC, also shared, "The momentum building up to our IPO reflects the excitement and optimism for our future endeavors. We're embarking on a journey that promises to enhance our technological footprint, driven by our commitment to digital finance and tech innovation. This is a pivotal moment for us to propel Phoenix Group into a new era of growth and global impact."

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.

Social Links

X (Formal Twitter): https://twitter.com/phoenixgroupuae

LinkedIn: https://www.linkedin.com/company/phoenixgroupuae/

Media Contact

Brand: Phoenix Group PLC

Contact: Media team

Email: [e-mail]

Website: https://phoenixgroupuae.com/press/

SOURCE: Phoenix Group PLC

[Laster]

Hey Harry, did you see that cross trade of 3,000 shares today?
According to you, any sells (even a measly $300) must be a cross trade.
I love it when noobs show up and makes dumb comments.
LMFAO.

Charlie will drop this to $0.10. That idiot cannot run any company. Don’t get why they put him as CEO. I will LMAO if they merge with Edgemode. That would be hysterical.

[meitze]

Debut today on UAE exchange, correct? Not that it'll have any effect on tcri today. Hoping we get some news soon.

[Tomorrowland23]

Bitc is ripping.

[Mark954]

The Phoenix Group own (>87%) and control the TCRI shell. Easy to research. It's all in the SEC filings.

Mark out