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We'll have to see how the price holds up if we get deep into February. It would be nice if we could get some kind of indication of what they're planning before then though. You gotta think we'll be hearing from them at any moment.
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Sorry bout the spelling on that last post. Damn spell check on phone ??
Yes, nothing has really changed here.......still. The Phoenix Group conglomerate still owes this shell and plans on using it to take some of their revenue generating assets public. Just waiting to hear from the company again for some details moving forward.
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Yes Bitcoin is getting a nice bounce. Let's see if it continues and how it translates here. Many are in wait and see mode with 8K looming and news imminent
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Nope! Like it's been said, TCRI is a fully SEC reporting company, not your typical crap penny stock.
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10K is due and the deadline is end of March
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Looks like a few got spooked by the overall markets this morning. All these type of stocks seem to go the way of the Bitcoin and Bitcoin had a heck of a bounce today. Will it continue? or just a dead cat?
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It'll find a bottom eventually. Where???? $30-32 thou area???? Further down????
I still believe we're well positioned here being that the Phoenix Group is headquartered in the UAE. Very pro crypto environment. BTC will settle at some point and we'll be in really good shape here with the Phoenix Group conglomerate owning this TCRI shell.
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Nice write up. Thanks for sharing
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Sure feels like something is BIG imminent!! By all indications, this shell is destined for greatness.
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Maybe that Kevin O'Leary connection isn't that far fetched??? Lol We already know that big money is backing The Phoenix Group.
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Doesn't take much to move this thing eh? News is imminent.
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And being headquartered in perhaps the most Crypto friendly (UAE) environments is a huge advantage as well
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But The Phoenix Group has way more to offer
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We're looking for a similar 8K here as well where the old directors were dismissed and new ones appointed. That particular TCRI 8K should come at any moment.
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My thought of the day, "I THINK WE'RE IN THE RIGHT STOCK!"
Wow! Thanks prosledder for that post. Just listened to that Kevin O'Leary interview more closely and all I can say is WOW! The way he describes his intended way to invest in Bitcoin mining is very intriguing. "Investing into companies that have bitcoin exposure indirectly" (paraphrasing). At least that's what I got out of that interview. Could there be a connection to The Phoenix Group? Not out of the realm of possibilities.....Just saying. Maybe not? but I think a lot of investor may have the same idea of investing in Bitcoin without having direct exposure to Bitcoin itself. Invest into a mining company that intends on holding Bitcoin on their balance sheet. This interview is thought provoking in more ways than one!
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Yes, I've been watching some stuff on Kevin O'Leary this weekend too. He was just in the UAE a few weeks ago and he's been increasing his investments there in the Crypto and Defi space. I would not be shocked if there was some kind of connection either direct or indirect with him and The Phoenix Group. The more I read the more I have grown to have tremendous respect for Mr. Munaf Ali and Mr. Bijan Alizadeh Fard. They seem to have great connections and great partners backing them.
A lot of links in the intro and stickied to answer your questions. Mr. Ali himself provided a lot of information at the Digital Mining Conference in Dubai back in November. Reverence the link /provided by Falon that is sticky noted/ top coin posted
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Very nice overview with a lot to consider. Good Job!
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Yes I had a little bit left from the RMDM days but I bought a little more a year or two ago as an emerging market play with the last regime at the helm. Back in August though after learning who took control of this TCRI shell I bought quite a bit more. Was still buying here and there all the way up to November. I really like these guys running the show there with The Phoenix Group. Mad respect. Future technology taking hold and Dubai/UAE present and future Crypto/Defi investing capital of the world.
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Yes, keep in mind this was never a "day" or "week" in January play. TCRI is a 2022 investment. Will take a bit to materialize but definitely like our chance with these guys that are at the helm of the The Phoenix Group
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Cool, I think you may have found something worth noting or a least merits a further review
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Yes just knowing who The Phoenix Group of companies are and that they plan on using TCRI speaks volumes!!
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Nothing has changed. The FACTS are still the same. And the one major FACT is The Phoenix Group conglomerate still owns this shell and they are planning on using it to place some revenue generating assets into. And the Phoenix Group is the same today as they were yesterday. "Early 2022" is upon us. I for one am giving it a chance for things to materialize.
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Nice. God bless
Yep I remember. I was quietly trying to inform folks about this one since August but most people just blew me off. TCRI had special! written all over it right from the time Mr. Ali and partners took over this shell
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Yes, At $5 Institutions can start getting in on the action
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Yes, fully SEC reporting not alternative methods. Yes sir are correct. I think there may be a reason they choose this shell over the many others. They paid a premium for the TCRI shell for a reason.
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I think normal SPAC pricing of $10 is in order here especially giving how much money is backing The Phoenix Group. Also, Mr. Ali already stated that they are bringing in revenue generating assets to this shell. In addition, and very important, I believe The Phoenix Group has the full backing of the UAE government to expand in that region of the world.
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Now that's funny. Apparently Sid is our co-pilot as well
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I like your move. I know this is not exactly a SPAC but it kinda is. We should be seeing normal SPAC pricing ($10) right now with The Phoenix Group on deck bringing in revenue generating assets to this shell. I think some are just now starting to realize that
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We are on a moment by moment watch for an 8K or some other form of news. Would like to see an 8K dismissing the former officers then a PR. That would be the likely sequence I would think. "Early 2022" has arrived.
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Thing is bro, most all the information presented here comes directly from or derived from Mr. Munaf Ali himself from the numerous statements he made at the Crypto mining summit that took place in Dubai back in November. These facts that have been restated and expanded upon here don't just come from some obscure article it comes straight from the source, Mr. Ali. It was Mr. Ali who stated that they have acquired a U.S. listed entity for the sole purpose of listing some of The Phoenix Groups assets on the U.S. market. Just to recap again some of those fact are that The Phoenix Group currently has $5oo,000,000 (usd) of assets currently under management. Thats through their VC division. They also have Crypto mining operation active in the UAE, Russia, Canada and the USA. Then of course there is the Phoenix Store. Mr. Ali also stated that they are looking into opening a full service Crypto exchange there in the Middle East. He also said they just placed an order for $65o million worth of mining equipment. Largest purchase order ever for Bitmain.
Then there are facts that have been discovered independently, Like, very wealthy people are backing the Phoenix Groups endeavors. Also, Dubai and the UAE are rapidly becoming the Crypto/Defi capital of the world. They have been ramping up very quickly to accommodate this new series of technologies.
Just a few of my random thoughts. I'm sure there is a lot more that I have missed.
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Yes, some brokers won't let you buy shells.
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When we get over $5, institutions will start hitting this as well. Got a lot of money coming in but got a lot of money to go
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I think most know where this is ultimately headed. Will be up there with the big boys MARA and Riot. Probably more at some point.
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Pretty clear for Dubai, UAE is going for broke on Crypto and Defi
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We already know more info is forthcoming. Mr. Ali has already stated so (early 2022) at the Crypto mining conference in Dubai back in November. Not a matter of "if" at this point, but "when".
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Yes, spot on! That's exactly what I've been saying
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