Techcom Inc (TCRI)

[aljafy]

Here's a one liner:

https://phoenixgroupuae.com

A real company my friend

[stockplayer-11]

Buyer beware... Too much one line pumping here.


See how easy that is lol

[aljafy]

Haha! We will see what happens here...

[stockplayer-11]

Major red flag with this one line pumping posts on the board.

[aljafy]

locked & loaded & just patiently waiting for the ride to start...

[Mark954]

Yea, probably. When that goes through though, things should get pretty interesting here to say the least. Someone is being pretty aggressive, however.

Mark out

[i_like_bb_stock]

maybe not really enough volume /movement but its a start

[Mark954]

Maybe that $75 million + financing came through now and someone caught wind of it?

Mark out

[i_like_bb_stock]

yea interesting volume

[Mark954]

Are we getting front loaded here today or does somebody know something, or both? Liking that L2 right now.

Mark out

[Mark954]

Agreed. Got to get some updates. Current management has about 4 months left to get financing done or they're fired according to the latest 8K. They are on a short leash, so it seems.

Mark out

[meitze]

A tradeless day is not very encouraging.

[i_like_bb_stock]

thx

[i_like_bb_stock]

yea maybe so weird to be only $2 and change

[Mark954]

https://news.bitcoin.com/bitcoin-mining-company-phoenix-group-reports-50-net-income-increase-and-20-sales-growth/
Quote: "Our success has been impressive, but 2024 promises to be truly transformative"
Mark out

[Mark954]

Perhaps it has something to do with the exceptionally large foreign ownership?

Mark out

[i_like_bb_stock]

Great

[Mark954]

I also follow them on LinkedIn and they have recently indicated that they are expecting a very big 2024. Not sure what exactly all that entails, but I'm assuming that part of their plan involves the TCRI shell.

Mark out

[i_like_bb_stock]

Thanks wonder why they went with such a large share structure? Very odd

[Mark954]

https://www.adx.ae/english/pages/productsandservices/securities/selectcompany/default.aspx?listedcompanyid=AEE01357P238&pnavTitle=PHOENIX%20GROUP%20%20%20%20%20PLC

[i_like_bb_stock]

how has phoenix been trading in dubai? have no idea how to find that

[Mark954]

I'm counting on it. When we get some positive updates on where they're at on that funding, then we'll get some good traction here. Perhaps even a historic move based on "who" is calling the shots and the amount of money potentially involved. 💰

Mark out

[i_like_bb_stock]

hopefully these prices will be history in a few months

[aljafy]

There was a major pump back then from Dino and his minions

[varjim]

TCRI=maybe the big pushers sold out and need to buy back and are holding it down to do so = and then? imo

[varjim]

TCRI = This stock broke $2.00 a share on a rumor that it had a connection to The Phoenix Group = now it has been confirmed and nothing? IMO

[Mark954]

Whos' website are you referring to? Phoenix or TechCom? I guess it doesn't really matter because Phoenix owns the majority of the TCRI shell, and they are one of the biggest Bitcoin mining companies in the world. So, as they say, looks can be deceiving I suppose.

Mark out

[Duke Knockem]

Their website looks like a fraud

[Mark954]

$TCRI

Phoenix Up in 2023!

Earnings Soar 50% Sales Boom 20% Public Listing in Abu Dhabi! 🇦🇪

Get ready for an even brighter 2024! pic.twitter.com/FKlWcID8Gn

— Phoenix Group (@phoenixgroupuae) February 16, 2024

[Tomorrowland23]

Thanks Mark. Nice update.

[Mark954]

Amazing update from Phoenix: https://news.bitcoin.com/bitcoin-mining-company-phoenix-group-reports-50-net-income-increase-and-20-sales-growth/

Mark out

[Mark954]

Yea, you're probably right. I'll sell now.

Mark out

[falon]

You keep focusing on Charlie.

Charlie is not driving the train.

The train is being driven by the MAJORITY STAKEHOLDERS of TCRI who are Ali Munaf and the CREW from the Phoenix Group.

At Phoenix Group, we are passionate about the potential of blockchain and cryptocurrency to revolutionize the way we do business. We are proud to be recognized as leaders in the field, offering a comprehensive range of services that spread beyond the fields of the web3 environment.

Our Story
In 2017, Bijan Alizadeh Fard and Munaf Ali established Phoenix Group, which is today a conglomerate of 23 businesses that operate nine mining facilities in the US, Canada, CIS, and the UAE, the last of which being where its joint venture with the Abu Dhabi government has built a $2 billion crypto mining farm that is now considered the biggest of its kind in the world.

Experienced Team
Our Executive Management and Senior Leadership Team represent a renowned group of web3, financial and managerial specialists. Their combined international experience and deep-rooted regional expertise underpin the confidence and ambition with which we continue to build our diversified structure.

Phoenix Group UAE
Our team of experts has decades of experience in their respective industries and is at the forefront of innovation and technology. We are constantly looking for new and better ways to help our clients succeed.

Corporate and Milestones
Company started
2017

First mining
operations in UAE
2017

International Expansion with
Mining in Canada
2018

Became Middle East Official
Distributor of Bitmain
2019

Moved Corporate HQ to
downtown Dubai
2022

Became Official Distributor for
MicroBT
2022

Opened USA
locations for mining
2022

Invested in Bitzero
(Norway)
2022

M2
Launched in
2023

Oman Mining
Under construction
2023

Up Next
TCRI?
?????
2024

[Laster]

I don’t think they will get the funding.
Trust me, Charlie will screw this somehow.
I think he will want to merge with Edgemode,
That would be awful.

[Mark954]

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

[cheusmann]

Bitty hitting 50k. Gahdamn. Any volume would absolutely send this.

[falon]

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

Munaf Ali is at 2:52:00 telling the Phoenix Story.
TCRI Acquisition is at 3:01:00

Acquired a US listing entity for the purpose of listing some of the Phoenix Group income generating assets on the US stock market. Expect to share more information in early 2022. (TCRI was 2 years late sharing information due to the drop in bitcoin before recovering and now information sharing has begun.)

AIMHO

[Chenteddybear]

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

[pennyonfire]

TCRI 0.32c <00>

[cheusmann]

Good day here. Good slaps EOD. Me likey.

[aljafy]

https://www.marketscreener.com/insider/MUNAF-ALI-A28VTC/

[falon]

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

[Mark954]

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

[aljafy]

This will make Riot/Mara look like child's play IMO.

[Tomorrowland23]

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.

[Laster]

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.

[Tomorrowland23]

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.

[Laster]

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.

[Mark954]

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

[Laster]

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.