Replies to post #42253 on Techcom Inc (TCRI)

[Potse]

TCRI(.115)...added to position last week......

Ever since TCRI dropped down to around the 6-cent area and churned a little bit there, it has been noticeably more difficult to purchase shares. I had some problems getting 10-20K share orders filled on the ask. If I remember correctly, late in the trading session on one of the days this week the ask was 10K shares at 7.5 cents, and I got filled zero shares out of my 10K order at that price. I was fully expecting to see that order get filled. I don't know if that is an encouraging sign of what is to come, or if this is simply just a lull in the selling pressure.

I added around 140K shares to my position last week in the .095-.115 range. It continued to be difficult to get blocks filled on the ask. Interesting.

[Potse]

TCRI...legacy valuation area has produced previous winners......

As I have mentioned in previous posts on this message board and others, I like to use legacy shares and legacy share valuations in my analysis of shells and reverse mergers. For a number/variety of reasons, I have found the use of legacy share/valuation to be extremely helpful in the world of shell/RM investing.

At the risk of having egg on my face if TCRI doesn't turn out the way I expect, it might be worth noting that TCRI has been churning/basing around a legacy share valuation area that has produced some previous, very nice shell/RMs in the last year or so. It certainly doesn't happen in all instances, but sometimes in the life cycle of big shell/RM winners they will churn for awhile somewhere in that $7-15M range (usually it seems to be right around $10M, give or take a couple million dollars). That is basically where TCRI has been churning for awhile now.

I picked out 3 crypto reverse mergers (APLD, MTRT, BOPO) and one non-crypto play (ENGA) that I think most shell investors are familiar with. It should be noted that both MTRT and BOPO have managed to have their recent big moves in what has been a difficult time in the market (inflation, geopolitical conflict, etc). Below I will put their legacy share number and what their legacy share valuation reached after the churning ended. These numbers are mostly from my memory, so they might be slightly off......

APLD -- 9.5M shares, over $50M
MTRT -- 7.5M shares, over $70M
BOPO -- 45M shares, over $40M
ENGA -- 24M shares, over $115M

One other thing that all of those shells shared in common is a retail shareholder base that was a little frustrated/unhappy with the churning period. Nobody (myself included) enjoys sitting through a period where the stock bases, but if TCRI follows the pattern of some of these other extremely profitable shell/RM investments, the gains from this level could be somewhat interesting. This is contingent on TCRI's legacy share count being 10M, of course (see the above post).