Replies to post #42205 on Techcom Inc (TCRI)

[Mark954]

Interesting post. I didn't catch that connection with Munaf Ali's wife. Not sure if it means anything here but interesting none-the-less.

Still like these guys that took a controlling position here (87%) with TCRI. They don't seem to be your typical penny stock crew. Perhaps they have big plans for this shell?

Looks like that short seller backed off some. We'll keep an eye on him. A ton of buying pressure would certainly do the trick. Lol

Mark out

P.S. I do like the part though where, in that interview, Mrs. Ali seems to describes her husband a very dedicated businessman. That certainly could bode well here.

[Potse]

Munaf Ali's comments today about TCRI......

Increased my position in the TCRI shell over the last two days with purchases in the 7.1-8.5 cent range. Although it is still not entirely clear what assets of Phoenix will be placed in this shell and exactly what the post-RM structure will look like, I think TCRI appears to be extremely attractive at these sub-10 cent prices. A lot of things could go right/wrong here, but from my perspective I think TCRI is a "hidden gem" at this moment in time because very few crypto-sector investors seem to have TCRI on their radar screens. When you see other crypto-related plays achieve legacy share valuations that are 10-30x higher than what TCRI currently trades at today, I think it is pretty hard to ignore the potential here.

Munaf Ali's speech today 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.......

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.

[Potse]

Legacy share valuation, Nina Ali.......

I bought some more shares yesterday in the .067-.081 cent range. That brings my cost basis down to just slightly over 9 cents per share. That is a legacy share valuation of around $900K (10M legacy shares at 9 cents) on a shell where management has already confirmed that the shell will be involved in the crypto/blockchain sector. For definition purposes, the legacy shares are any shares that are not owned/controlled by the incoming RM target.

A comparison to some of the more notable crypto-related shells/RMs in the last year or so highlights why I think TCRI looks extremely attractive from a risk/reward standpoint. MTRT, APLD and ARAT had legacy share positions ranging from 7+M to 10+M shares. All three of those shells/RMs achieved legacy share valuations over $40M (40x what TCRI currently trades at). The RGST shell recently made a move into the crypto/blockchain/NFT sector. Although the press release didn't provide enough information to determine what the exact number of legacy shares will look like, there will probably be a minimum of 13-14M legacy shares (most likely higher than that). RGST has seen a valuation of over $8M on those legacy shares.

So TCRI at a legacy share valuation under $1M seems like an incredibly attractive opportunity/lotto.

As a side note: Munaf Ali is married to a social media influencer (Nina Ali). Interesting to note that Nina includes on her Instagram account links to Munaf's crypto mining equipment business. It is also interesting to look through the photos/videos she posts in that account. Munaf and his family live a pretty amazing lifestyle......

It looks like the year 2022 is shaping up to be a rather interesting time for both Munaf Ali and his wife. Munaf Ali will bring part(s) of the Phoenix Group public via the TCRI shell most likely sometime during the next few months or so. And it appears likely that Nina Ali will be a cast member of The Real Housewives of Dubai in 2022......

https://www.cosmopolitanme.com/celebs/who-are-the-real-housewives-of-dubai

https://starcasm.net/real-housewives-dubai-cast/