Techcom Inc (TCRI)

[Potse]

TCRI(.62)...regarding position status......

To the person who inquired about my current position status and thoughts on TCRI......

I'm still holding a large position in the TCRI shell. Currently have a little over 746K shares at a cost basis a little over .094 per share. Unless something dramatically negative occurs, I don't have a great deal of interest in selling my position at this kind of price/valuation.

Over the next 4-5 weeks or so we should be seeing TCRI make two periodic filings (the 2021 10-K and 2022 Q1). Between the "subsequent events" section of the annual report and the entirety of the Q1 report, I would think at a minimum we should get some clarity on Munaf Ali's current ownership status with the shell.

I have no idea whether there has been in any significant change in the overall shell situation since the disclosure of the AlphaBit/Munaf purchase of the shell and Munaf Ali's November 2021 mention of what Phoenix intended to use the shell for. If the original purchase agreement was unwound , or if Munaf does still own the shell and has changed his original plans for the shell, I would not automatically/necessarily consider either of those scenarios to be something terribly negative. I am mostly just waiting to see what develops with the shell and will react accordingly.

Obviously there has been a tremendous amount of business activity going on with Phoenix and people surrounding that company since Munaf acquired the TCRI shell, and especially so in calendar 2022. If Munaf/Phoenix are still involved with TCRI, one somewhat interesting thing I have noticed recently is that Reza Dari (who registered AlphaBit LLC in Nevada) has registered another company here in the United States. About 3 weeks ago he registered Ourglass LLC in the state of Texas......

https://opencorporates.com/officers?q=Reza+Dari

Between overall market struggles/volatility and the new inherent danger of investing in fully-reporting SEC OTC Market stocks (thanks to the SEC's September 2021 rules), it is not surprising to see OTC stocks struggling at times. Especially around periodic filing deadlines.