Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agreed. If and when that funding ($75mil) comes through, things will go bonkers here. With everything that's going on with Phoenix and Crypto as a whole, the stars are starting to align.
Mark out
Bitty hitting 50k. Gahdamn. Any volume would absolutely send this.
TCRI should heat up once funding is secured.
Each of Messrs. Faulkner and Wajcenberg will be paid at the rate of $300,000 per year commencing upon the closing of a debt or equity funding by the Company of a minimum of $75 million.(the “Funding”). The Company has the right to terminate the Employment Agreements as of June 30, 2024 should the Company (i) not achieve revenues of a minimum of $2,000,000 per month for four consecutive months, with the first month occurring by June 30, 2024, and (ii) the Company fails to repay US $75,000,000 (or such other amount as may be mutually agreed by the employee and the Company) by June 30, 2024 towards a line of credit to be obtained by the Company (the “LOC Repayment”).
In order for the milestone to achieve revenues of a minimum of $2,000,000 per month for four consecutive months, with the first month occurring by June 30, 2024 funding should be in place sooner than later.
Also per 8K the funding is $75 million is minimum so it could be more.
I suspect that the funding and the operational plans were in the works when this agreement was signed and expect an 8K about funding any day now.
The organization behind TCRI have been very successful in many of their previous endeavors and have had plans for this ticker since July 27, 2021. They are very deliberate in how they conduct their business dealings and don't operate on the fly. The have had a vision for this ticker for over 2 years and now have set their plans into motion.
WORLD DIGITAL MINING SUMMIT 2021
With a stock like this you just have to deal with wide spreads but knowing that it can run at anytime it’s sometimes best to just have a position and scale in when volume picks up. Of course tens of thousands of shares here is “a lot”. That’ll change one of these days once more developments occur with Phoenix and their BTC ventures here in the states.
https://stocktwits.com/MyNameisBrandon/message/560080858
Good day here. Good slaps EOD. Me likey.
The question is not who will give Charles $75 million in financing.
The Question is who will give TCRI $75 million in financing.
Follow the BRANDS involved:
Munaf Ali
The Phoenix Group
You're still losing site of the main fact and that is this is a Pheonix Group play. They just had an enormously successful IPO in UAE which isn't even close to the full potential that the US market can give. Faulkner and Wajcenberg are on a short timeline here and it's very clear that they will be terminated if they can't produce satisfactory results, and quick.
Mark out
This will make Riot/Mara look like child's play IMO.
Yeah they probably won’t even respond. If you hang around you’ll get your answers one of us will post them. However we don’t have any insight and will just be relaying what the company releases. So either hangout with us or watch for more filings. Hopefully you’ll find out about that other stock they were associated with but I don’t think it’s in anyway associated to The Phoenix Group. Plus they have some non competition clause in their contracts now that they work for TCRI.
No vested interest to take my time to try and contact Phoenix.
They wouldn’t say anything anyways.
Very curious who will give Charlie $75 million in financing.
Ain’t going to happen unless this company RS and upgrades to Nasdaq.
No OTC stock ever gets $75 million financing unless there is ridiculous dilution.
Lester why don’t you contact Phoenix Group Company instead of getting on a message board and complaining and voicing your concerns about the CEO and CFO. There is nobody here that can help you get them replaced. However if you start emailing and complaining to The Phoenix Group then maybe they will listen to you and actually do something about it.
You might be right. Hope you are.
I am sure there are thousands of better choices for CEO.
It really baffles my mind.
But sometimes shady CEOs can make a play work.
I would never trust this CEO though.
The difference is now Pheonix is in full control of this shell and have absolute final say in anything that goes down. As it is pretty much stated in the 8K, they will not allow any kind of toxic financing to go down. In addition, I believe there will be a lot of big players wanting to jump on the Pheonix Group bandwagon. Crypto is hot and growing even hotter. The Pheonix Group wants a strong presence in the US and apparently, they are going to use the TCRI shell to achieve that goal.
Mark out
Interesting stock. I like the story with Phoenix and Bitcoin.
BUT!!!!! why have dumb and dumber as your CEO and CFO.
Look how they destroyed another OTC play FWAV which merged with Edgemode.
FWAV went to $0.80 before Charlie screwed it with toxic lender Diagonal and now stock at $0.003.
He couldn’t get the $75 million financing for Edgemode for the needed Bitcoin mining equipment
Their recent 10Q states they own Diagonal (Curt Kramer) $250,000 which will be converted into 100 million shares. Unreal.
I just don’t see how anyone will finance Charlie for $75 million.
Unfortunately, I just don’t see this stock making a run without any confirmed financing.
Therefore, it will be 6 months until Phoenix dumps these clowns and gets some real businessmen.
JMO. Good luck. Hope I am wrong but Charlie has awful past regarding screwing companies.
I agree. I was in it also on the last big spike. Seems more likely to happen now.
This is easily a $3-$5 stock (maybe more) when everything goes through. Not a lot of shares O/S here so this will run big and probably hold. Perhaps uplisting will be the talk by then?
Mark out
.40 is big resistance
Man this could run to $3+ in a heart beat.
Sounds like it could get interesting over the next few months. I grabbed a couple of days ago. If it dips down I plan to add to my position.
getting buyers
$TCRI pic.twitter.com/qRSJossvUo
— i_like_bb_stock (@thommic) February 1, 2024
Ohhhhh yes I do. What a move that was. Things look to be pepping up again. Locked and loaded.
Well that is why I am soooo interested here. Fact is this won’t be a shell for long, and it has connections to one of the biggest crypto/blockchain companies in the world
Remember when this ran to $3 on speculation that Phoenix was involved?
Added this morning. Upside here is tremendous.
Based on how well received that IPO was in the UAE, a lot of people are wanting to jump on the Pheonix band wagon. We should hear something pretty soon about the specifics of that financing.
Mark out
good sign as well
Yep. I see that now. It’s the same phone number as in the 8k that was recently filed
What kind of phone number is this?
🚨 $TCRI
💰0.2100
Pink Current, AS: 9.9B, OS: 64M, US: 9.9M
Phone Updated:
🔴 852 29803711
🟢 6261-80512888
Chart, OTC Profile, Twitter, @otcupdates
Please stop. I have some puts in the over priced market right now and would like to move profits here. If they don’t know then screw them. Most believers have 10,000’s of share and want more.
When the money shows up (the Funding) people will follow.
It is pretty shocking there is little to no interest here. The amount of DD and evidence with ownership being directly involved from Phoenix group.
And Faulkner and Wajcenberg will be terminated according to the 8K. Pheonix is in full control of anything and everything moving forward. Pretty clear.
Mark out
I think some are missing the big picture here and that is that we now know what Pheonix is wanting to do and wanting to do with this shell in particular. It is very clear now that Pheonix wants a much bigger footprint in the US and they plan on using the TCRI as a vehicle to do that. It is also clear that Faulkner and Wajcenberg are on a very short timeline, or they are out. It's almost irrelevant if Faulkner and Wajcenberg accomplishes what is stated in the latest 8k because if they don't someone else will. Like I said, it's obvious now, more than ever, that Pheonix wants a presents in the US and wants access to the US investor. The TCRI shell is owned a completed controlled by The Pheonix Group (FACT!) and come hell or high water, they'll accomplish their goals. They've already proven that they can, multiple times over.
Mark out
TCRI is controlled by one of the most successful crypto companies around.
They have a plan for this ticker and we have waiting patiently to put their plan into action.
The plan has been set into motion.
Charlie and Simon may run day to day however the major decisions will come from Dubai.
From the 8K:
TECHCOM INC.
2901, 29th Floor, Boulevard Plaza Tower 2,
Burj Khalifa District, Downtown Dubai, UAE
It is the same address as the Phoenix Group:
Office 2901, Floor 29, Boulevard Plaza Tower 2, Burj Khalifa District, Downtown, Dubai, UAE?
Carl Agren who is Phoenix Technology Consultants LLC Chief Executive Officer signed off on the the employment agreements and the warrant agreements.
The Phoenix Group (Munaf Ali via Alphabit LLC) has the controlling interest in TCRI:
From the SCHEDULE 13D:
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.
AlphaBit is the record owner of 1,000,000 shares of the Company’s Series A Preferred Stock, which can be converted at any time into up to 15,000,000 shares of Company’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 cryptoasset funds; Mr. Ali’s present occupation is entrepreneur.
https://www.otcmarkets.com/filing/html?id=15127114&guid=v_d-kaYBuoMSJth
The US is the leading bitcoin mining country so maybe the Phoenix Group wants a stock listing to take advantage of advancing their endeavors.
Bitcoin is measured in units called hash rate, where the hash rate refers to how fast each second a computation can occur on a machine. The network is leveraged to create a transaction and process it. The faster the hash rate, the more money is made. The leading bitcoin mining by countries and their hash rates are as follows:
United States: 35.4%
Kazakhstan: 18.1%
Russia: 11.23%
Canada: 9.55%
Ireland: 4.68%
Malaysia: 4.58%
Germany: 4.48%
https://worldpopulationreview.com/country-rankings/bitcoin-mining-by-country
We now await for the funding which should come sooner than later as milestones are set to begin by June 30, 2024 per 8K:
Each of Messrs. Faulkner and Wajcenberg will be paid at the rate of $300,000 per year commencing upon the closing of a debt or equity funding by the Company of a minimum of $75 million.(the “Funding”). The Company has the right to terminate the Employment Agreements as of June 30, 2024 should the Company (i) not achieve revenues of a minimum of $2,000,000 per month for four consecutive months, with the first month occurring by June 30, 2024, and (ii) the Company fails to repay US $75,000,000 (or such other amount as may be mutually agreed by the employee and the Company) by June 30, 2024 towards a line of credit to be obtained by the Company (the “LOC Repayment”).
https://www.otcmarkets.com/filing/html?id=17218038&guid=v_d-kaYBuoMSJth
No trades so far today seems odd as hell.
Nothing fluffy about that. It’s all per the 8k.
Did you want me to copy and paste it for you?
TCRI gets $75 million. Phoenix moves over assets. 2+2=4
What aren’t you understanding?
Idk. Maybe these type of comments…
So we have Phoenix group moving over $75 million in assets over to $TCRI.
Hey moron, what fluff did I post? I posted exactly what was off the 8k.
Told you boys to actually read the 8k.
Charlie was unable to get the funds for Edgemode,
I don’t see how anyone will give this scammer $75 million.
I won’t believe it until I see it.
Don’t expect Phoenix to dish this out.
Come on boys, do some real DD instead of posting fluff crap.
That's the way I read it.
Mark out
$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…
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
No, TCRI needs to come up with the $75 million in exchange for assets from Phoenix
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.
now on stockcharts https://stockcharts.com/h-sc/ui?s=TCRI
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |