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I have a firm belief they are putting mining assets in here and wouldn't be surprised if they put all of their mining assets in this shell. That would still only constitute "some" of The Phoenix Group's revenue generating assets as a whole. Your price prediction would probably be very realistic at that point, no doubt about it.
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Yes, they are on track to be the biggest Crypto miner in the world as measured by hash rate. They are planning an even bigger order in Q3. Should be a fun ride here. These guys definitely know what they are doing. Much respect for Mr. Ali and Mr. Alizadeh and for the partnerships they have built.
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And I sense it in my brain. Lol Pretty easy to figure out since Mr. Ali stated specifically that more info about TCRI will be forthcoming in early 2022
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It seems logical to expect an 8K of some sort here in the not so distant future, as Mr. Ali stated that they'll be making some moves with this shell early in 2022. A lot of curiosity as to the particulars but we do know for sure that something is happening.
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Phoenix VC (Alphabit LLC) and Alphabit Fund are unrelated, but they do seem to know each other quite well.
Happy New Year all. It's shaping up to be a great 2022 for The Phoenix Group/TCRI. Now time for some football. GO BLUE!
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The facts have not changed here, just a little bit of end of the year shenanigans. The FACT remains that The Phoenix Group conglomerate owns this TCRI shell and the FACT remains the the Phoenix Group will be the biggest Crypto miner in the world as measured by hash rate. Also, the FACT remains that Mr. Ali has stated publicly that they are brining in revenue generating assets to this shell. In other words, they are going public by means of reverse merger with this shell. I for one, am giving it a chance to materialize to it's full potential. Way too much upside here to give in for pennies.
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It seems to me, as the week progresses, it will get harder and harder to sit and wait to buy @bid at these levels. Looks like there were a few who recognized that and hit the ask a little today. We shall see if that holds true.
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That definitely bodes well for us here!
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Merry Christmas
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That's the general consensus, mining operations coming into this shell. That seems to be the industry trend right now. Mining companies are going public. In the not so distant future there'll be only a few "big boys" competing with each other in the crypto mining space and the Phoenix Group is positioning themselves to be one of those companies.
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Not even the right company you have linked. Stick to what's relevant please.
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Very old news. That was before the Alphabit/Munaf Ali/ Reza Dari buyout of this shell. Stick to what's relevant.
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Wow, strong close almost @ high of the day.
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Yes, stupid amount of money gonna be made here.......in due time.
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Well I think we only hit the tip of the iceberg with this one. A lot of stuff happening with the Phoenix Group and a lot on money involved. Huge money! Just with the names involved here alone we should have normal SPAC pricing right now at the very least. Too much potential to ignore. Too much money involved to ignore.
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How's everyone liking this company now? Been trying to give a heads up on this one since August. Big money behind TCRI. And I mean BIG MONEY! And I have good reason to believe they have big plans for this shell as well.
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I agree. A lot of stuff to love here
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Well, according to the article, it's Munaf Ali the Billionaire. Wow! Been telling everyone there's a lot of money behind the TCRI shell
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Nice accumulation numbers today. Price held up pretty well even after that huge run up yesterday. I am a bit surprised though that more people didn't want to hold onto their shares given the massive potential here with TCRI. The names behind The Phoenix Group and the TCRI shell alone perhaps warrant normal SPAC pricing??? The Share structure is phenomenal! Q1 2022 will be an interesting time here that's for sure.
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What's really amazing is that the Phoenix Group is projected in 2022 to have the highest hash rate of any major player in the Crypto mining space.
https://www.blockwaresolutions.com/research-and-publications/how-public-miner-asic-orders-will-affect-hash-price-th-and-bitcoin-adoption
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Yes, I've been saying it for awhile now. There's some really big money backing the Phoenix Group and this TCRI shell.
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Wow nice accumulation today. Most of the volume came @ or > 15 cents it looks like. Someone wanted in apparently?
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Great article. Nice projections there of what the digital mining landscape will look like in 2022 with the Phoenix Group taking a substantial leap ahead of the others. It would really be something if they placed both the mining assets and investment/trading services under the TCRI umbrella? It is my belief that they have really big plans for this shell. There seems to be a hell of a lot of money backing the Phoenix Group as as whole.
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I think the comparison is spot on. I believe we could see a similar situation/run here as the one that APLD had this past year. APLD is most likely not even close to being done yet either. Great things going on over there and most likely great things ready to materialize here as well. Should be an interesting and exciting 2022 for both companies.
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Let's see what these last few weeks bring us here. More accumulation or tax write selling? Could go either way but so far it looks like a bit of accumulation week after week lately.
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Wow this one moves with ease with very little volume pushing it. These couple of tickers (ALPD and TCRI) should do very well next year. The Crypto space will continue to boom as mass adoption becomes more common place.
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The further into the month we get the more unlikely holders will be selling for tax purposes. At some point we may even see an increase in accumulation. Some may want to get an early jump on 2022. Should be interesting and exciting here with all that the Phoenix Group has going on and especially giving the fact that they are planning on including this TCRI shell into their early 2022 strategy for expansion. At least that's what Mr. Ali eluded to in his speech at the Dubai mining summit.
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Great update to the intro info. Thank you for that as I hadn't had a chance to get around to it.
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Not seeing any real price action and not seeing any dumping into the bid for the end of the year sell off. Still wondering if we'll see any kind of real sell off here this year? I wouldn't mind snagging a few more shares for the war chest.
No chatter anywhere in regards to TCRI, which is kinda surprising given the fact that the Phoenix Group is making some massive deals (some of the biggest ever in Crypto mining) and they have clearly stated that they have plans for this shell in early 2022. A bit odd and interesting at the same time. Perhaps the "word" hasn't quite got out there yet on this one??
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Yes, it is interesting.
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Didn't expect too much except perhaps a pull back due to the normal end of the year sell off. Maybe it's coming or maybe not? Hard to say, we'll just have to wait and see what transpires the last few weeks of the year. I'm ready to grab some more here if and when it does sell off. Accumulation could continue as well and that would be just fine with me also. I'll trade accordingly depending on the situation. And yes, the whole Crypto market has been in a pretty substantial pull back so with TCRI holding up the way it has is pretty surprising and encouraging. Thanks for your daily updates on this one.
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Wondering what this is all about? http://phoenixtech.org/
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Still waiting for things to materialize. Just wondering if we're going to have an end of year sell off on this one. If so, I will be buying more shares here as I'm thinking this one is going to do really well starting sometime in early 2022. Time will tell but I like the accumulation that is going on at the moment even though it's very small volume.
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I think things will start happening here soon enough. As Mr. Ali stated in his presentation at the World Digital Mining Summit in Dubai, they will making some moves with this TCRI shell early 2022. Not much longer for the wait and things could take off pretty fast thereafter, depending of course on what they plan on bringing into the shell. I'm thinking it's going to be the mining operations at very least. The Phoenix Group appears to be gearing up to be one of the big dogs on the block. At least throughout the middle east and increasing their ever growing presents here in North America.
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Yes, a bit of accumulation it looks like. Looking forward to some big players hit this one though (hopefully). Just dying to know what the Phoenix gents are going to be rolling into this shell. I've got a hunch that it'll be at least the mining operations and perhaps more. Not much longer of a wait until we find out, at least according to Mr. Ali.at the World Digital mining summit in Dubai.
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Reposting of Munaf Ali's comments about TCRI......
Munaf Ali's speech at the World Digital Mining Summit in Dubai was worth listening to because it provided his first comments about TCRI and also gave some interesting information about Phoenix's background, current status and future plans. The growth trajectory that Phoenix is on is extremely impressive. For example: Phoenix's mining farms in the United States are expected to come online in December 2021. Phoenix VC (the venture capital fund) currently has $500M of assets under management. Today Phoenix announced it has placed an order and paid for $650M of crypto mining equipment for its new UAE mining facility, and will place orders for $2B during Q3 2022 (see press release below).......
https://www.yahoo.com/now/u-e-based-phoenix-technology-074324202.html
Munaf Ali's speech starts around the 2:51:30 mark and ends around the 3:04:30 mark of the livestream replay. Munaf's comments about the TCRI shell can be heard starting at the 3:01:05 mark. I have transcribed what he said below.......
Quote:
Phoenix has recently acquired a US-listed entity for the purpose of listing some of the Phoenix Group's income generating assets on the US stock market. We expect to be able to share more information with you in early 2022.
Seems like things here are going to be happening pretty quickly so we will see in the not so distant future how things are going to play out here with TCRI . Mr. Ali indicated that early in 2022 they will be making some moves with this shell.
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Excerpt from recent article:
Phoenix currently has a mining capacity of 450 MW, but with the new installation in the UAE the mining capacity will immediately go up to 1.1 GW, and once they expand to other jurisdictions in the Middle East, Phoenix will have a mining power of 1.8 GW. Munaf Ali adds, “Once we expand our operations across the MENA region, we will have more than 10 percent of the global hash rate coming from the region. This will shape the region. Today we have interest from Kuwait, Bahrain and Saudi Arabia; this is cutting edge and will be an exciting time for the entire MENA region.” The expansion will be met with an additional order of US $2 billion worth of mining rigs in 2022.
Here is an excerpt from that Unlock article. Phoenix is already a major force in the mining space and they have big plans of immediate expansion. Seems like their mining business would be the most likely candidate to roll into TCRI. Time will tell certainly but it seems to be coming pretty quickly.
Phoenix currently has a mining capacity of 450 MW, but with the new installation in the UAE the mining capacity will immediately go up to 1.1 GW, and once they expand to other jurisdictions in the Middle East, Phoenix will have a mining power of 1.8 GW. Munaf Ali adds, “Once we expand our operations across the MENA region, we will have more than 10 percent of the global hash rate coming from the region. This will shape the region. Today we have interest from Kuwait, Bahrain and Saudi Arabia; this is cutting edge and will be an exciting time for the entire MENA region.” The expansion will be met with an additional order of US $2 billion worth of mining rigs in 2022.
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