Replies to post #46609 on Techcom Inc (TCRI)

[Mark954]

Thank you Potse once again for your insight. Your analysis is second to none. I am becoming more and more convinced each and every day that Phoenix will utilize the TCRI shell in a big way at some point. Just the U.S. election results alone have me more convinced of this. It's probably a major reason why Phoenix/Mr. Malhi are now hinting at a NASDAQ listing at some point in the future. It should be very interesting to see how exactly they plan on utilizing TCRI as more things materialize in the Crypto world.

Mark out

P.S. I agree with you, I'd feel more comfortable if Carl Agren and Sheharyar Haider Malhi were in the roles of CEO/CFO here at TCRI instead of just directors. I am at least pleased with the fact that Phoenix has final say in all financial decision pertaining to TCRI.

[Tomorrowland23]

Wonder Valley. This press release shows some things Carl Argen has been doing in North America. We still don’t have a clue about using the TCRI ticker but it’s sounds as if Carl is the CEO of HPC and AI Data Centres which does seem in line with the ticker and what Charlie and Simon are doing with Edgemode. “My joint venture team led by Paul Palandjian, CEO O’Leary Ventures and Carl Agren, CEO, HPC and AI Data Centres, has sourced what we believe is the most compelling site in all North America to generate and offer 7.5 GW of low-cost power to hyperscalers over the next 5-10 years. Given existing permits, proximity to stranded sources of natural gas, pipeline infrastructure, water and a fiber optic network within just a few kilometers of the Greenview Industrial Gateway, we will be in the ground and up and running sooner than any scale project of its kind.” said Kevin O’Leary, Chairman of O’Leary Ventures.

[Mark954]

Potse, What's your take on this Wonder Valley project that Carl Agren is right smack dab in the middle of? Is TechCom the HPC and AI data centers company that Carl Agren is mentioned being CEO of?

Mark out

[Potse]

Munaf Ali appointed Phoenix CEO...Nasdaq 2025.......

Phoenix does fully intend on getting a Nasdaq listing at some point. This was confirmed by Sheharyar Haider Malhi (Phoenix CFO, TCRI director) during the Phoenix Q3 2024 conference call. I did not take notes while listening to a replay of the call so I am just going by what I can remember. When responding to a question regarding whether Phoenix has any plans to obtain a listing on Nasdaq, Malhi said "absolutely". He said it wasn't a top priority or the primary focus of the company at the moment. So the timeline of when they might apply is unknown.

Well, this certainly is an interesting development today involving TCRI's controlling shareholder (Munaf/Phoenix). Munaf Ali has now become CEO of Phoenix Group, and it appears that Phoenix intends on pursuing a dual listing on Nasdaq in calendar 2025.

Phoenix Group held a meeting of its Board of Directors today. Bijan Alizadeh resigned from his CEO position, and Munaf Ali was appointed to the position. If I had to take a semi-wild guess, I think this change was done primarily because Phoenix wants that Nasdaq listing. Munaf just seems like a more polished public speaker and arguably has more extensive connections in the global financial world, so it would seem to make sense to me that Phoenix would be better suited to have Munaf as the primary face/voice/leader of the company.

Similar to what I said about Carl Agren, the Wonder Valley project, and TCRI: At a minimum, I would think that the more exposure that Munaf Ali and Phoenix generate as a result of their pursuit of a Nasdaq dual listing, this should generate increased attention toward TCRI (as long as Munaf/Phoenix continue to have a connection/involvement with TCRI). The mystery continues.

From the Phoenix Group disclosure filing today......

Mr. Munaf Ali, a seasoned banker and Co-founder of PHX, has been appointed as the GCEO of the Group. Mr. Munaf Ali's extensive expertise in both traditional and digital finance is expected to play a pivotal role as Phoenix Group explores new opportunities for growth like dual listing opportunities on NASDAQ in 2025.

https://www.adx.ae/main-market/company-profile/disclosures?symbols=PHX&secCode=PHX