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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!
Mark out
Yeah, I am not selling anything at these levels. Will see how it goes until tax time...
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.
https://www.linkedin.com/in/charliefaulkner/
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.
Mark out
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.
That’s what I am wondering, too.
$TCRI Who the fuck got 20K shares at 0.0585$!
Was my Bid for days, I got ZERO SHARES!
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.
Nothing happening here. Wasn't there a deadline for these guys? We need a fricken update.
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.
That or a loan. They may not take on investors but the contracts had wording that made it be known no dilution could be issued without the approval of board/manuff. Total assumption on my part but thought that might be part of their job considering their background before edgemode considering they already have us public share holders.
Makes sense. What did you mean though when saying: So if the ipo got that over scribed they probably found something.
What they find?
I doubt we hear anything. Meeting a contract requirement isn’t really 8k worthy and they are all from London like Manuf Ali. So if the ipo got that over scribed they probably found something. The trade winds with crypto are just now kinda in the middle of merger/acquisition/consolidation and I haven’t seen the parent company in a hurry to do anything. North America also is kinda in uncertainty as far issues and political, economically, and policy wise. If they didn’t get funding then at least we should get contract news.
I doubt we hear anything. Meeting a contract requirement isn’t really 8k worthy and they are all from London like Manuf Ali. So if the ipo got that over scribed they probably found something. The trade winds with crypto are just now kinda in the middle of merger/acquisition/consolidation and I haven’t seen the parent company in a hurry to do anything. North America also is in kinda in uncertainty as far issues and political, economically, and policy wise. If they didn’t get funding then at least we will get contract news.
Times officially up for Faulkner and Wajcenberg. What's the deal? We must hear something from the company is now my official position!
Mark out
2 more days and then hopefully dumb and dumber are gone.
Just look at their other company Edgemode.
Stock was at $0.60 when they took over.
They made deals with the devil toxic lender Diagonal (Kurt Kramer) and now stock at $0.0002.
Just pray that these 2 idiots get fired so this company can actually do something.
Anyone heard any rumors at least? We are getting very close to that 6-month employment agreement deadline. I would think, at minimum, we should be hearing something about those very soon.
Mark out
With that said, I would definitely use caution here. It is what it is. A pink shell. The last couple years many traders have easily lost 10’s of thousands of dollars trading pink sheet stocks that look good or get some news dropped before fading to triple.000’s. I just like the Phoenix Group personally and don’t have access to the ADX so I am hoping this could be a way for me to get some exposure to them. And as far as me questioning Laster, I am just looking for insight from his prospective for me to think about. I was hoping to hear him say something besides Faulkner and Wajcenberg as reason he would not invest.
Yes I believe PHX has big plans for expansion into North America and this ticker will be involved in some way. My biggest concern is how much and what they put into it. They have Bill Qian who seems to help them on decisions with their investments and they will listen to his advice on when they will share information with the market on what their plans are with the ticker. So I think it will be strategic timing that will make the share prices rise and not necessary hearing or getting an 8k about the CEO and CFO getting a line of credit from high worth individuals or institutions. Obviously that would be good news too because they should also show we have actual revenue coming in monthly of over 2 million and many investors will not invest until a company has revenue.
Tomorowland23, what's your synopsis of this $TCRI situation~?
Are they ever going to do anything with this ticker~?
TIA
Hopefully I will get couple more buys. Lester can’t believe you’re going to let them two stop you from buying. I am sure they would have put Agren as CEO but there is reason they didn’t. GLTYA.
Still playing games............ 40 shares traded so far.
WTF~?
Traded a whole 10 shares today~~!
What a POS.
Pretty solid reasoning. I am just doing like the Pheonix Group. Everything I have found has them moving own with the expansion into North America. If they get the money and join then fine. If they don’t oh well.
I will not be a buyer until they get rid of those 2 idiots. Otherwise I think it is a buy.
Just waiting for July 1st.
Well you have clearly stated you’re not a buyer. If you owned shares at this point would you hold or sell? Just curious.
I would absolutely disagree with you. Especially dealing with OTC stocks. CEO history of success or failure is the major reason why I will invest or not invest in these OTC plays. Buyer beware my friend with POS Charlie at the helm. He is absolutely not a competent CEO.
Here are some quotes for you:
Nearly every mistake I’ve made has been because I picked the wrong people, not the wrong idea.”
Arthur Rock
Good management has an extraordinary way of making money for you, and bad management, no matter how favorable the environment, has a way of missing opportunities.”
Robert Wilson
“I have stressed management, but even so, I haven't stressed it enough. It is the most important ingredient.”
Philip Fisher
We have all heard you loud and clear. I don’t look at it like that with the directors from Phoenix Group UAE. I see the opposite of your feelings in many ways. You do you Laster. GLTY!
“I would rather invest in an entrepreneur who has felt the sting of failure, because they can appreciate how hard it is to start a company.” Kevin O’leary
“I’d rather invest in an entrepreneur who has failed before than one who assumes success from day one” Kevin O’leary
At least sell the Fricken ticker to someone if you are not gonna do anything with it. JC!!
Sorry but I would be very happy if those two idiots Company.
Nothing good will come if they get the financing and stay in management.
JMO.
Looks like your guys weren't able to produce after all, judging by the recent volume and price direction. TCRI is trending to be the biggest disappointment of the recent Crypto run. I just don't get it. No update/communication from the company whatsoever.
Mark out
Thanks you, too.
Hopefully it'll turn out to be a good pick up for you; time will tell. One more month until that employment agreement expires. We should be hearing something by then or at least shortly thereafter.
Mark out
In all transparency, it could have already been like that and I never noticed. So that’s one possibility to add.
However it does say due to corporate action. 🤷♂️
I added some earlier today and then Webull restricted trading. Nothing concrete because apparently Webull isn’t great with otc but interesting considering the timing. 🤞June starts this weekend and the deadline for the new guys is June 30th. Plus listening to the Phoenix group earnings call they said they had some news but just haven’t decided how to inform the markets yet. Just a hunch.
Wishful thinking or have you heard any rumors about anything coming our way?
Mark out
Maybe we get news today or Monday. 🤞
Nobody knows what's going on. The company needs to update shareholders and hopefully SOON!
Mark out
Unfortunately they are paying D&D $25,000 per month. Unreal. I think they are just sitting on their behinds without doing any work. No way they are getting financing. I hope the company will remove them on July 1st because they clearly will not fulfill the agreement.
Good luck. Sorry the company hired these 2 dodo birds.
Unfortunately, it's looking like you may be right. I so wish it wasn't so, but current reality may come to full fruition here. Not much longer until their employment agreement is expired according to that 8k filing. Let's see what transpires though these next few weeks as I'm starting to become more and more convinced, like MaxInvestor89, that Bitzero maybe the true target merger here. It's still a bit of a hunch but the stars are starting to align and is very plausible for something like that to happen. Well hopefully they will replace them with more established managers with proven track records.........like the ones currently running Bitzero?
Mark out
We are getting really close to June. Do you know when their getting can date is? I will be buying shares the second the news is released. I would never invest in any company these two idiots are involved with. I don’t know why TCRI hired them as management. Let those 2 idiots move back to Edgemode which is likely going bankrupt. Yippee.
Yes it does.
The Company does not have employment contracts with its key employees, including the controlling shareholders who are officers of the Company.
I guess the two new guys are not key employees.
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