Techcom Inc (PK) (TCRI) Share Price

I saw 8 grand get slapped at .16 with a 100% spread. Something is coming. This happened before and it went to $3+

Haven't seen this vol in a long time. hmmm

Good volume on the buy side in the past 30 minutes, great to see

Not the big ones we are looking for!

Understood, but there's no gains here..............Yet?

Mark out

If you have capital gains most people will wait until the new year to realize them.  Kick the tax can down the road.

All the volume yesterday was all on the Bid. Coming the 1st trading day of the year makes it very interesting. You would think that you'd see something like that last month. I don't know what to make of it.

Mark out

Dude, all these Companies have plans to uplist on NASDAQ. Name one that says it doesn't.

Getting on Nasdaq is always the problem. Even OTC Companies with stellar balance sheets have problems uplisting
due to market manipulation of their tickers. Guys like Kenny Griffen of CDEL Doug Cifu of Virtu don't help.

Standard boiler plate though. Uplisting to NASDAQ.

Techcom Inc. (TCRI) is currently prioritizing the development and expansion of their high-performance computing (HPC) and artificial intelligence (AI) data centers (https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175392393). This includes projects like the Wonder Valley data center, which is expected to be one of the largest AI data centers in North America.(https://investorshub.advfn.com/Techcom-Inc-Tcri-4720).

Yes, Techcom Inc. (TCRI) does have plans to list on Nasdaq. This was confirmed by Sheharyar Haider Malhi, Phoenix CFO and TCRI director, during a Q3 2024 conference call. However, he mentioned that while they fully intend to get a Nasdaq listing, it is not their top priority at the moment, *so the timeline for this is still uncertain.*(https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175392393)(https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175555667).

No. Now that we know they are planning a move to the Nasdaq, I am trying to discuss the pros and cons of using this shell to go public on the Nasdaq.

Are you implying Phoenix Group is only worth $4 million?
I would not put your money on TCRI being used as the merger shell company for Phoenix. JMO.
Is Charlie still involved here?
Since this company has no news or growth, I would guess yes. Good luck while that moron is still CEO.

What is your thoughts on using this shell to go public with Phoenix Group. Personally I am trying to weigh the pros and cons. I think a SPAC is out the question. Therefore, would a direct listing be better or a reverse merger? I know they would have to dilute at least 40 million worth of shares with the shell but they wouldn’t have to jump on the Nasdaq and only sell the shares they currently own. Which would allow for more growth and control which they seem to feel very confident and committed that they will grow a lot in the next 5 years. And a firm commitment of 40 million worth of shares wouldn’t even be that much dilution. Not to mention that with timing seeming to be of importance here then a reverse merger would be much easier to manage rather than a traditional IPO. What do you think? I know it’s all speculation but understanding the dynamics at play, what makes more sense here knowing that they are now announcing a commitment to get on the Nasdaq and the changes this past week. Plus the shell seems to be very clean and well managed. After writing that I probably have an idea considering you position but hearing your thoughts would be nice.

Great information, thanks for sharing Potse!

These are very interesting developments.

Mr. Munaf Ali holds 87% (not including preferred shares) controlling interest in the TCRI shell
https://x.com/Mark9546/status/1870091139044520002

Mark out

https://x.com/phoenixgroupuae/status/1870088765240152427

Wow! It's been my strong belief these last few weeks that Phoenix would evolve into a dual listing situation. With Mr. Ali taking the helm there at Phoenix, I am even more convinced that they'll use the TCRI shell to achieve that goal with a NASDAQ uplisting. Exciting news! Thanks, Potse.

Mark out

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

Wonder Valley, Agren, TCRI......

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?

I'm not sure what to really make of Carl Agren's involvement in that project and whether there would be any possibility of a connection to TCRI. The wording in Kevin O'Leary's press release statement below (along with some internet searches) doesn't provide much clarity regarding Agren's current activities. It is not clear to me whether "HPC and AI Data Centres" might be just a division within O'Leary's company and Agren is heading up that division, or whether it is a completely separate company that Agren is involved with and it is entering into some kind of joint venture with O'Leary.

"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.

I did notice that some Phoenix employees have liked posts that Kevin O'Leary and Carl Agren have made about this project on LinkedIn, which is somewhat interesting. Since it appears Agren is going to be a fairly prominent figure in the Wonder Valley project, I would think at a minimum this would indirectly bring some added attention to TCRI as long as Agren continues to have some connection/involvement with TCRI. The mystery continues regarding exactly what will happen with this shell, but my gut feeling is that we are getting much closer to finding out.

Glad I haven't sold any shares for tax purposes. This could get interesting...

Wonder Valley article: https://www.prnewswire.com/news-releases/kevin-oleary-in-cooperation-with-the-municipal-district-of-greenview-to-develop-the-worlds-largest-ai-data-centre-industrial-park-wonder-valley-in-the-greenview-industrial-gateway-gig-near-grande-prairie-in-north-west-albe-302326230.html

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

Oh Wow!  Things just got a hell of a lot more interesting, didn't it ! !

Mark out 

Just google “wonder valley data center”. You can find on Linkend. Carl reposted and commented “so proud to announce this. It’s going to be huge and so excited.”

What Press Release are you referring to?

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.

As long as Charlie and Simon are involved, this play will collect dust. They have no ability to run a company or raise funds. They are just puppets without any real business experience. Good luck here but this play is dead until they get some real leadership group here. JMO.

If it hasn't happened by now, not sure if it ever will.

More very positive news for the Crypto industry: https://www.foxbusiness.com/politics/trumps-former-cftc-chair-eyed-crypto-czar-role

Mark out

Don't let the door hit you on the way out, Gary: https://www.cnbc.com/2024/11/21/sec-chair-gensler-will-step-down-jan-20-making-way-for-trump-replacement.html

Mark out

Phoenix Group's senior leadership, two of them are on the board of directors for TechCom TCRI. The Phoenix Group is the beneficial/majority owner of the TCRI shell. Do we see a dual listing situation coming to this shell company? They are most definitely going to want to get at the U.S capital markets especially after the results of the most recent U.S. election. I see a major event happening for TCRI in the not-so-distant future. The writing is on the wall!

https://www.otcmarkets.com/filing/html?id=17985805&guid=cmY-kpB8kdwfJth

Charlie and Simon are just puppets. Phoenix is the Puppet Master.

They have filed late in the past long before Charlie and Simon came on board.

As in the past, they did file a FORM 12b-25 NOTIFICATION OF LATE FILING.

Charlie and Simon did it again. TCRI is not up to date with their fins.
These bozos are going to destroy TCRI.
This company has no financials. How could they NOT get them in on time?
Just baffles the brain. Unreal.

They even release a video announcement on X about the newly updated website: https://x.com/i/status/1858505050605207930

Mark out

Phoenix updated their website. Carl is the CEO of Phoenix Technology.

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.

Phoenix's Nasdaq intentions......

I still believe that Phoenix will be coming to NASDAQ at some point.

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.

Exactly what Phoenix intends to do with the TCRI shell is indeed the big question. It would have been pretty wild and fun for us TCRI shareholders if Phoenix would have proceeded with its original plan of going public via TCRI rather than pursuing an overseas listing. But I remain optimistic and bullish on the prospects of TCRI as long as Phoenix continues to have involvement with this shell.

The three most probable scenarios, IMO: 1) Phoenix hired Charlie Faulkner and Simon Wajcenberg with the intention of having them basically implement their original Edgemode plan (cryptocurrency mining, high performance computing data centers) in the TCRI shell, with the assistance of Phoenix. One of the sites would likely be located in Carolina. 2) Phoenix has intentions of transfering one or more of its US-based hosting sites to the TCRI shell. One of its Carolina sites would probably be the most likely. 3) Phoenix wants Charlie and Simon to basically turn TCRI into a technology holding or venture investment type of vehicle, which is something they both have experience with.

The reason I mention the possibility of TCRI becoming involved with some type of crypto mining or data center in either North or South Carolina: If you do a right-click "view page source" on the Techcom website (https://techcom-inc.com/), you will find language referencing "Carolina site #1". It is known that Edgemode had plans for a site in North Carolina. Phoenix has at least one site in South Carolina (possibly another 3 under development there, but I am not entirely sure about that). As far as I am aware, this language has been on the TCRi website for quite awhile......

Summary of owned and operated Overview of Carolina site #1 with performance data.

I think it is a given that most retail TCRI shareholders (myself included) probably would feel much more comfortable if Carl Agren and Sheharyar Haider Malhi were in the roles of CEO/CFO here at TCRI instead of just directors. But as noted in previous posts, Phoenix has the final say in any debt obligations that TCRI enters into. That certainly does not guarantee that any catastrophic decisions might not be made here but it does provide at least one level of potential safeguard. I think it is reasonable to assume that Munaf Ali or other Phoenix executives know Charlie and Simon well and are aware of any successes/failures they have had in their business dealings. So I am willing to defer to Phoenix's judgement call on TCRI's management, until proven otherwise.

TCRI has the potential to become a very valuable asset for Phoenix if everything is handled correctly here. I have my fingers crossed that the next TCRI catalyst will be reasonably good.

Something to think about.
OTC market is dead. No question about it.
The OTC market volume has dropped almost 50% since 2022. That is horrible.
Investors have moved to high risk low float Nasdaq stocks instead of mostly scam OTC plays.
If Charlie is still involved in TCRI then don’t expect much.
JMO.
BTW… crypto is going crazy yet Charlie still cannot get financing for this play. Makes you wonder why big investors don’t trust him.

Why don’t you go invest in them instead of worrying about others investing in Tcri.

This shell is NOT owned by Simon Wajcenberg or Charles Faulkner. The majority/controlling owner of this shell is The Phoenix Group headquartered out of the UAE. Based on the recent results of the U.S. election, it is my strong belief that Phoenix will utilize TCRI in a very substantial way in the very near future. Perhaps in a similar way they had planned a few years ago by bringing revenue generating assets into the shell. Or using it in some major capacity to uplist to the NASDAQ perhaps. It's a win/win situation for Phoenix right now. If Simon and Charlie come through with their funding, then great. If not, who cares. I think we'll find out shortly the exact direction they plan on going. Always keep in mind, Phoenix is the real player here!!!!!

Mark out
P.S. Don't let your hatred for Charlie and Simon cloud your judgment! They are irrelevant to the bigger picture that is taking shape throughout the Crypto world right now

I don’t disagree with you but why not invest in real crypto companies? Why waste your money here so Charlie and his cronies can screw you. That is the only thing he is good at. I thought he was going to be canned in June. What’s going on here?

Trump has promised to make America the ‘crypto capital of the world’ and his high level team is filled with strong crypto advocates … . The pro-crypto nature of his team, family, and donors increases the likelihood that Trump follows through on his campaign promises to the industry.

Have you been living under a rock? North America (U.S.) will soon be open for business, especially when it comes to Cryto. Bye, Bye Gary! Don't let the door hit you on your way out.

Mark out

why?

I'm extremely happy I held most of my original position in this Shell!

Mark out

How will Phoenix utilize the TCRI shell? Until announced, this will continue to be the main questions.
https://www.linkedin.com/posts/phoenixgroupuae_will-the-us-election-speed-up-crypto-adoption-activity-7259601495992508416-qjDF?utm_source=share&utm_medium=member_desktop

How will Phoenix utilize the TCRI shell? Until announced, this will continue to be the main questions.


https://x.com/phoenixgroupuae/status/1852713156172284336

We are less that 2 weeks from the U.S. election. One candidate is somewhat pro Crypto, and the other is very pro Crypto. Should be a win/win for the industry no matter who wins in November. Anything is better than the current administration as it pertains to this technology overall. I expect Phoenix to make some big moves here in north America after these elections regardless of who wins. It will remain a mystery what roll the TCRI shell plays into their overall plans but just a few short years ago, they had big plans for this shell before putting those plans on the back burner. My guess, it was because of this current administration's stance of the crypto industry as a whole. That negative posture all goes away here shortly.

Mark out