Techcom Inc (TCRI)

[prosledder]

Hey folks! this was just posted on Reddit 14 mins ago. Not sure if there is any talk about TCRI on there before this or not, but could mean more on eyes on this.

https://www.reddit.com/r/pennystocks/comments/su24kl/a_650m_bitmain_order_a_dubai_billionaire_and_an/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

"A 650M$ Bitmain order, a Dubai Billionaire and an acquired clean shell $TCRI
DD
Dear community I wanted to use this opportunity to share with you the story of phoenix technology Dubai.

Recent filings show that Dubai Billionaire Munaf Ali acquired a clean shell $TCRI source in order to list some of the revenue generating assets on the US stock market. source (02:52:00)

Phoenix Technology Consultants consists of several divisions. Under those division belong the crypto mining business, the Bitmain sales channel (They are main Distributor of Bitmain in middle east and Europe) source and a venture capital fund with 100M$ assets under management source.

Phoenix main goal is to bring 7% of the global hash rate to MENA region in a first phase and extend this rate to 25%.

The 650M$ order placed by Bitmain will be delivered in the coming 6 months and will instantly bring 7% of the global hash rate to Dubai. This order is the biggest single order placed so far. The company plans to place another 2B order in Q3 2022.

In order to raise funds for the 2nd order it is highly likely that management will use the proceeds from the IPO to finance this historical land mark transaction. I can recommend to watch the latest interview with one of the founders of Phoenix. source

I expect that the company will grow gradually from a 100M$ company to a 2.5B$ company once first 8k is being released to follow the early footsteps of previous miners like $mara and $riot."