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.
Charlie and Simon did it again. TCRI is not up to date with their fins. These bozos are going to destroy TCRI. This company has no financials. How could they NOT get them in on time? Just baffles the brain. Unreal.
Thank you Potse once again for your insight. Your analysis is second to none. I am becoming more and more convinced each and every day that Phoenix will utilize the TCRI shell in a big way at some point. Just the U.S. election results alone have me more convinced of this. It's probably a major reason why Phoenix/Mr. Malhi are now hinting at a NASDAQ listing at some point in the future. It should be very interesting to see how exactly they plan on utilizing TCRI as more things materialize in the Crypto world.
Mark out
P.S. I agree with you, I'd feel more comfortable if Carl Agren and Sheharyar Haider Malhi were in the roles of CEO/CFO here at TCRI instead of just directors. I am at least pleased with the fact that Phoenix has final say in all financial decision pertaining to TCRI.
I still believe that Phoenix will be coming to NASDAQ at some point.
Phoenix does fully intend on getting a Nasdaq listing at some point. This was confirmed by Sheharyar Haider Malhi (Phoenix CFO, TCRI director) during the Phoenix Q3 2024 conference call. I did not take notes while listening to a replay of the call so I am just going by what I can remember. When responding to a question regarding whether Phoenix has any plans to obtain a listing on Nasdaq, Malhi said "absolutely". He said it wasn't a top priority or the primary focus of the company at the moment. So the timeline of when they might apply is unknown.
Exactly what Phoenix intends to do with the TCRI shell is indeed the big question. It would have been pretty wild and fun for us TCRI shareholders if Phoenix would have proceeded with its original plan of going public via TCRI rather than pursuing an overseas listing. But I remain optimistic and bullish on the prospects of TCRI as long as Phoenix continues to have involvement with this shell.
The three most probable scenarios, IMO: 1) Phoenix hired Charlie Faulkner and Simon Wajcenberg with the intention of having them basically implement their original Edgemode plan (cryptocurrency mining, high performance computing data centers) in the TCRI shell, with the assistance of Phoenix. One of the sites would likely be located in Carolina. 2) Phoenix has intentions of transfering one or more of its US-based hosting sites to the TCRI shell. One of its Carolina sites would probably be the most likely. 3) Phoenix wants Charlie and Simon to basically turn TCRI into a technology holding or venture investment type of vehicle, which is something they both have experience with.
The reason I mention the possibility of TCRI becoming involved with some type of crypto mining or data center in either North or South Carolina: If you do a right-click "view page source" on the Techcom website (https://techcom-inc.com/), you will find language referencing "Carolina site #1". It is known that Edgemode had plans for a site in North Carolina. Phoenix has at least one site in South Carolina (possibly another 3 under development there, but I am not entirely sure about that). As far as I am aware, this language has been on the TCRi website for quite awhile......
Summary of owned and operated Overview of Carolina site #1 with performance data.
I think it is a given that most retail TCRI shareholders (myself included) probably would feel much more comfortable if Carl Agren and Sheharyar Haider Malhi were in the roles of CEO/CFO here at TCRI instead of just directors. But as noted in previous posts, Phoenix has the final say in any debt obligations that TCRI enters into. That certainly does not guarantee that any catastrophic decisions might not be made here but it does provide at least one level of potential safeguard. I think it is reasonable to assume that Munaf Ali or other Phoenix executives know Charlie and Simon well and are aware of any successes/failures they have had in their business dealings. So I am willing to defer to Phoenix's judgement call on TCRI's management, until proven otherwise.
TCRI has the potential to become a very valuable asset for Phoenix if everything is handled correctly here. I have my fingers crossed that the next TCRI catalyst will be reasonably good.
Something to think about. OTC market is dead. No question about it. The OTC market volume has dropped almost 50% since 2022. That is horrible. Investors have moved to high risk low float Nasdaq stocks instead of mostly scam OTC plays. If Charlie is still involved in TCRI then don’t expect much. JMO. BTW… crypto is going crazy yet Charlie still cannot get financing for this play. Makes you wonder why big investors don’t trust him.
This shell is NOT owned by Simon Wajcenberg or Charles Faulkner. The majority/controlling owner of this shell is The Phoenix Group headquartered out of the UAE. Based on the recent results of the U.S. election, it is my strong belief that Phoenix will utilize TCRI in a very substantial way in the very near future. Perhaps in a similar way they had planned a few years ago by bringing revenue generating assets into the shell. Or using it in some major capacity to uplist to the NASDAQ perhaps. It's a win/win situation for Phoenix right now. If Simon and Charlie come through with their funding, then great. If not, who cares. I think we'll find out shortly the exact direction they plan on going. Always keep in mind, Phoenix is the real player here!!!!!
Mark out P.S. Don't let your hatred for Charlie and Simon cloud your judgment! They are irrelevant to the bigger picture that is taking shape throughout the Crypto world right now
I don’t disagree with you but why not invest in real crypto companies? Why waste your money here so Charlie and his cronies can screw you. That is the only thing he is good at. I thought he was going to be canned in June. What’s going on here?
Trump has promised to make America the ‘crypto capital of the world’ and his high level team is filled with strong crypto advocates … . The pro-crypto nature of his team, family, and donors increases the likelihood that Trump follows through on his campaign promises to the industry.
Have you been living under a rock? North America (U.S.) will soon be open for business, especially when it comes to Cryto. Bye, Bye Gary! Don't let the door hit you on your way out.
We are less that 2 weeks from the U.S. election. One candidate is somewhat pro Crypto, and the other is very pro Crypto. Should be a win/win for the industry no matter who wins in November. Anything is better than the current administration as it pertains to this technology overall. I expect Phoenix to make some big moves here in north America after these elections regardless of who wins. It will remain a mystery what roll the TCRI shell plays into their overall plans but just a few short years ago, they had big plans for this shell before putting those plans on the back burner. My guess, it was because of this current administration's stance of the crypto industry as a whole. That negative posture all goes away here shortly.
I hadn’t seen them on LinkedIn under Techcom before today? Had you seen them?
I don't recall when I first noticed it, but I think it has been there for maybe at least a week or more (not really sure). I don't have a premium subscription to LinkedIn which makes it harder and more time consuming to get relevant information. Usually I have to use a combination of information on the site and Google searches to find out identities and get some more useful info. When I first noticed that there had been another employee added, I only did a very quick/light search and didn't really take an in-depth look at each individual profile that might have a connection here. Based on those initial searches, I just assumed that most of these people were likely not connected to TCRI and were employees of a South American telecom type of company.
But when you brought the subject up, and I remembered that the number of people following Techcom on LinkedIn had increased by 1 or 2 people in the last week or so, I decided to go through some more of the individual profiles that were hitting on my Google searches. Some I could dismiss right away because they were clearly connected to a different Techcom company. Some were unclear if they might be connected. That is when I noticed that Melanie had connections to this Techcom/TCRI company (correct logo and link).
I wonder how the new employees from South America play into Techcom? Sales Executive? Wouldn’t that mean revenue?
I am not really sure what to make of the new employee(s) that has shown up on the Techcom LinkedIn profile. If that LinkedIn member profile is accurate (she actually is employed by TRCI and is following TRCI), then that certainly is a solid sign that something is occurring at the company. Exactly what that something is remains to be seen.
The only reason I have a question about the accuracy is because there has been some situations at LinkedIn (albeit few) where either the member made a mistake or some type of glitch at LinkedIn had the wrong company link in the profile. That is something that could happen here because there are quite a few companies out there that have "techcom" in their names.
If this is accurate, it is definitely interesting and another sign that some type of corporate development might be drawing closer........
Simon Wajcenberg made some LinkedIn posts and a comment in the last week -- all of them regarding artificial intelligence data centers. He specifically mentioned EdgeMode in his comment, so I am assuming the statements he made in his posts are also in reference to EdgeMode. Interesting to note that Charlie Faulkner is one of the people who "liked" Wajcenberg's comment. Similar to my previous post, I just find the timing/nature of these posts/comment to be a little interesting and makes me wonder if this is a sign that some type of corporate development for TCRI continues to draw closer.
Wajcenberg's posts.......
We are building green, efficient, carbon neutral infrastructure for this insatiable AI compute demand.
Very interesting watch. We agree. We are building Green, AI data center infrastructure utilizing renewable energy to supply the insatiable demand for AI compute.
Wajcenberg's comment.....
We agree - EdgeMode is building Smart, Green data center infrastructure supplying the insatiable demand for AI compute and the increasing demand for EDGE compute.
Endorsements on a LinkedIn profile can be relatively meaningless for various reasons (sometimes they are just done for purposes of expanding exposure/connections in the business world), but it is kind of interesting to note that Joseph Lambert is one of the people who recently endorsed Wajcenberg......
I don't think the problem is Mr. Faulkner and Mr Wajcenberg so much, but it's more a problem along the lines of SEC chair Gensler. Hopefully the next administration will go in a different direction. He's costing the U.S. innovation superiority!
IMO is scumbag Charlie and his crony friend Simon are still involved then I am NOT a buyer. Their record says it all. Good luck. Hope this works out for you. But see what they did to FWAV (now Edgemode). They absolutely destroyed that play with its excellent share structure. Buyer beware.
TCRI(.09)...Faulkner updated his LinkedIn profile......
Perhaps worth noting that Charlie Faulkner updated his experience section of his LinkedIn profile about a week and a half ago (it shows he is still the active CEO of TCRI). This is the first time since his November 2023 appointment as CEO that a reference to Techcom has appeared anywhere on his profile page. It is also worth noting that Techcom is now one of the companies that he is following.
Maybe these updates are merely some long-overdue "housekeeping" items on his profile. But the timing/nature of these updates suggests to me the possibility that some type of corporate development might be getting closer.
So far this year I haven't had any luck getting fills on buy orders I have tried at prices below ten or eleven cents.
I am guessing that Mr. Faulkner and Wajcenberg have failed in their efforts in securing any reasonable financing as indicated in latest TCRI 8K filing. No other way to read this since there's been no communication from the company and their employment agreement is way past due. I suspect that we'll be hearing from the company at some point in the not-so-distant future that this CEO/CFO combo have been cut loose. Again, no other way to read this at this point.
At least they filed. Nothing going on over there. What they said in their previous filings were apparently lies, so not surprised there isn't anything of relevance in this 10q. Probably won't be for the rest of the year.
Are Charlie and Simon still involved here? Waiting for any filing showing they were canned. If they keep these 2 involved in TCRI then I am gone. Either way good luck.
Anxiously waiting for expected news that dumb and dumber have been canned. Just have no clue why Phoenix wanted these 2 idiots in first place. Just wasted over 6 months. This time they need to find a real honest and effective CEO to move this play forward.
Phoenix's initial public offering drew strong demand and was 33 times oversubscribed — implying orders worth $12 billion — while the portion reserved for retail investors was oversubscribed 180 times.
News 
Market Data 
Discover 
AI
