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Thanks Mark, BitZero would be a nice change.
Anything is welcomed at this point.
The election is more important, than these two, imo. It really doesn’t matter about the two new guys but I suspect they are eager for the opportunity. And they may already be working with the SC holdings and ND. So yeah they most likely are trying to buy into this movement. Back to the election, since Trump lost his lost his last election he has actually started investing in crypto and is expect to be very pro crypto this time if he wins. And yeah I wouldn’t expect any news other than the requirements because this is decentralized and there is no reason to tell or hype about high worth individuals investing or backing this expansion into the US by Phoenix Group. They certainly don’t look to be doing any dilution unless it’s very beneficial for growth. https://www.politico.com/news/2024/01/08/donald-trump-crypto-savior-00132417
I think Charlie and Simon have very little to do with what is taking place here as per the reasons given in my last post.
Mark out
I know, it's frustrating, but there may be a reason for the extreme silence thus far. I've reached out multiple times to the company with no response whatsoever. Maxinvestor89 (from X posting) is convinced that BitZero will be merging into the TCRI shell. That idea has some merit and that would be insanely incredible! Most definitely we'd see an increase in the O/S shares but almost certainly an uplisting to NASDAQ as well. Carl Agren is heading up the operation over at BitZero and they are doing some amazing things there. I know that Kevin O'Leary is involved with BitZero in some capacity too. Wouldn't that be some story line!
So, we wait. What else can we do but be patient and let them bring everything to fruition. I'm still very optimistic here but a little disappointed at the same time. Just want them to keep us TCRI long time shareholders informed of everything that is taking place..........if anything.
Mark out
P.S. Not sure how the new CEO and CFO play into this scenario? They seem to be irrelevant up to this point. I'm thinking that they know what's coming with BitZero and want in, so they made an offer of $75 million in financing to get a piece of the "action". This may or may not have any bearing on a BitZero/TCRI merger???? I'm thinking that Chuck and Simon are just desperate to get in, but probable won't for the reasons that Laster has been pointing out.
Mark, just wish they would quit playing with shareholders aspirations. But being as wealthy as they are they really don't
care about us. It's all about them and they do what they do in their own time. We shareholders are the collateral damage.
Sure hope they do something~!
Welcome to Charlie’s and Simon’s playhouse.
Nothing to see but those fun house mirrors that distort images just like Charlie’s ability as CEO.
You will be much better off if he doesn’t get the financing and gets fired. I don’t see how anyone will give that idiot any money. JMO.
I will be back after Charlie/Simon have left the building,
Sucks.......... Doesn't it?
This thing is still being manipulated like all hell.
No news.
Unfortunately, we that still hold shares in this ticker are collateral damage to their playing footsie with this ticker.
Still no plans submitted to shareholders, no intent of disclosing what these 🤡s have planned for this ticker if anything.
We are just pawns in this GAME the 🤡s play.
What a shit show~!
Well, another month down and the disappointment continues. Would be nice to get some kind of update from the company!
Mark out
Almost May… Charlie how’s that financing going? Lol. No way that moron gets a penny for this company.
I just hope that they bring in a more seasoned and reputable CEO this time.
I hear ya!!
Mark out
I care about TCRI, not what Phoenix does. They trade elsewhere. How about a or to address shareholders? Something?
At least Phoenix put themselves in a no-lose situation. Should find out with certainty within the next two/three months at least.
Mark out
TCRI will be better off when dumb and dumber are gone.
Charlie is a frikkin joke.
No way he can raise that capital even with Bitcoin soaring.
Only 2 more months until this company can get serious.
JMO.
Just a little over 2 months left the selected management has to get that financing in place or they will be terminated according to the employment agreement. That contract is very clear as to what is required and what is going to happen as a result, good or bad. My guess is, that Phoenix will get more directly involved with this shell themselves if the current managers can't come through with what they have previously agreed upon.
Mark out
I will have to work a couple shifts this weekend since I need to keep my part job. I will look to use some of the money to add next week. I hope this turns into a good investment.
yea think they have incensitive to do it
I did find this interesting though from their employment agreement.
Quote:
(b) The Exercise Price shall equal the average of the highest and lowest trading prices per share of the Company’s Common Stock on the date of the closing of the Funding as quoted on Nasdaq, the Over-the-Counter market or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.
Mark out
At least we don't have too much longer to wait, good or bad. Management will be gone if they aren't able to produce results by mid-summer as per their employment agreements.
Mark out
At least they still are a fully SEC reporting company. Always a positive thing in just that fact.
Mark out
Not a thing in that 10k. Ticker held hostage.
yep havent looked at it probably nothing new looking fwd to june
oh, I thought it was. Sorry
Not the same Group
Mark out
I haven't seen that. Wonder how that is going for them?
Mark out
Phoenix has been promoting their 9% 3yr $5K min investment bond all over social media. 13% with a longer term if you invest $100K & are accredited.
Incredible amount of potential with the Phoenix Group's backing, but as of right now, very disappointing. Perhaps Laster is right and the fellas at the helm don't have the ability to produce any results satisfactory to the powers that be. I guess we still have a little time to wait and see, but so far, a big goose egg.
Mark out
We are in the dog days. June 2nd is getting closer but experiencing some long, lethargic, and draught days.
Understood.
Mark out
Right now, I don't have too much "trust" in anything market wise, especially shells. Still hold a couple. Am riding this with what I have in it. Same with the others I still hold.
Regional banks about to fold as commercial real estate becomes reality.
Where did the volume go~?
I'm still very optimistic about this shell and I'm still here in full force. Way too much upside potential with The Phoenix Group's backing.
Mark out
Great buys, imo.
Apparently, someone agrees with you
Mark out
Dumb and dumber can never file their stuff on time.
No way these idiots get the financing by June.
The best thing for this stock would be for Charlie and his sidekick to be let go.
They are absolutely incompetent.
For real! Seems like someone joined the party.
A little interesting price action today. Good to see some life here. Hope we can get some follow through in the upcoming weeks/months.
Mark out
Listen to @FarahZafarCEO, our Managing Director & Group Chief Legal Officer, as she discusses Phoenix's milestone moment - our IPO listing on the Abu Dhabi Securities Exchange (ADX).
— Phoenix Group (@phoenixgroupuae) March 25, 2024
Proud to be the first publicly listed crypto mining company on the ADX!#Phoenix #IPO #ADX pic.twitter.com/h1jQjqs5ey
Like a bunch of other OTCs I hold right now. Not much information.
Munaf needs to say something and get this moving again. JC!!
Charlie is a complete moron to begins with. He further proved this when he used 1800 Diagonal to fund Edgemode. Kurt Kramer and Diagonal are one of the worst toxic lenders out there. They destroy any OTC stock they given money to by non stop selling CD shares into the market. Just look it up. I would be very concerned that Charlie might use Diagonal here.
If Charlie gets canned then I would be interested in this story. But, for now, buyer beware.
The Pierre Corp. isn’t involved in this shell/new company so Charlie has a chance to do well here.
Personally, I believe that they are in a position to come out of the halving event with a stronger position in the crypto sector than before.
I think bitcoin is going to continue for a while yet.
Charlie probably cannot tie his own shoes.
No way this idiot will get the financing to move this along.
Fortunately, him and his idiot buddy Simon will be gone soon.
If this company can find a reputable good CEO the I will buy shares.
But as long as Charlie is involved, this is just dead money.
JMO.
But we're missing the bitcoin bull run
Yea, I thought we'd be hearing from them by now or at least getting some inkling as to where things stand. At least we know that this management team is very much under the gun and will be gone here shortly if they can't produce. Mad respect for Carl Agren though as I believe he's got everything under control as overseer of this shell. He has been instrumental in advancing The Phoenix Group to where they are at today. Time will tell how things play out here though, I guess.
Mark out
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