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Good to hear from you BIgMJ....
b1gdeano
I know the feeling, I made it a 5 year investment and I would stick to my 5 year plan, others will leave but if they continue with a proper plan and grow business, everyone will come back. We need Tally Users and remove mines or so I believe.
Flappingchicken
Crowd Funding doesnt have to offer shares in company in all circumstances.
Anyone contributing through Crowd Funding could get discounted Tally at 10-15% discount.
Which is essentially Money.
So invest £100 get £120 loaded on your Card.
Company gets money and customer and word of mouth straight away.
Plus many other options
Shares in company could be set at £25K contribution
Conversely Tally can raise £5 from million of people, that gets us £5 million.
All as an example.
Dont worry about dilution for now
The only thing which matters is Tally users growth
get everyone on board, everything else is a distraction be it dilution, share issues, share classes, relisting, mining, finland and previous RNS blah blha blah
bigmj
I personally dont doubt your sincerity and /or efforts of the board.
Lately all steps taken are what I have been asking for a long while, so I am content and involved in this as a genuine business.
I just want business to grow with at least 25K in 6 months, since you have already put much more money than I have, I would suggest take bolder steps and grow business.
Any chance we can get rid of Indian/Finland operations and be 100% about Tally
Lastly too kind of you to reassure everyone specially when there's no need for you to do so.
Indeed BA. There will be a sell-off whatever happens day one. If they can get the IPO price to above what the close was then some may profit depending upon their entry. Others will happily sell at loss as anything back is a bonus.
I'm out on the bell day one. Sure I won't be the only one.
So doesn't matter for those who want to hold. SP may drop day one due to selling and recover in weeks ahead.
Get it listed. Let people sell and hold through choice, not forced as now.
HI Guys
I understand all of your concerns, dont forget I am the largest share holder here. Just want you to know that I do read the boards and am also using my influence on the BOD to get this relisted within the stated timescale, there are no plans to take this private or any of the other nonsense.
Markets are tough right now, raising money for anything is difficult, look at how few placings and IPO's there have been recently, we will get this right
GLA
MJ
nobody will care about Tally until it becomes mainstream
it has no relation to worldwide IPOs
youre comparing companies worth Billions losing money to Tally which is arguably not even worth few millions ,
Once you remove Finland, Indian and Railsbank and calculate the current loan/debt (money raised) you will find Tally has not much value at all.
No point comparing it to wider markets...
The biggest issue here is the existing holders
When relisted - there will be an exodus of people out of this company
Regardless of how general overall market might be on that day -
So its bound to not do well even if there's a momentary spike
They need at least 25K regular customers to show strength
Of course... They've said they are going to and should stick to what they have said, the fact that it doesn't bother me because I wouldn't have sold anyway is irrelevant, if they don't stick to their word they lose credibility and that's not good for trust, which is paramount.
100% agree with that DJ.
Get it listed. It's what they have been saying for years. They can continue to build the company while listed.
"Personally I don't really care if it relists this year or next, I would rather see the product gain traction for a while before the relist, the crowdfunding is a good kick off point, update the app, grow it and improve it over the next year then relist."
Hmm, the company really shouldn't be encouraged to dangle the proverbial for any longer than it said it would, tbh.
I can see the logic in what you're saying but we're in an AIM-listed company with a slew of already furious shareholders barely holding it together but who are most days nearly burning the doors down after 2 years. Another delay is going to look so bad. They should really stick to what they said they'd do - by May 2020.
JonnyE I'd agree with that assumption that people will look for safe haven assets in times of crisis. Unfortunately history has proved that in times of financial crisis investors become very quickly risk off ! which suggests investors will turn to physically held gold for safety. Tally would certainly be, along with other challenger banks high in the risk off category and hence likely to suffer in my opinion. Crypto currencies would also suffer and maybe even Bitcoin despite it being a non-correlated world asset. What may differentiate Bitcoin also is it's self-sovereignty in a world of collapsing financial institutions. IMHO
Picardy there is no expiration date on our share certificates as far as I am aware, if you know different then please do share.
Therefore if CP does have a desire to keep the business in its' current private state it would make sense for him to rid himself of unwanted shareholders by buying them out and repatriating the shares. I would be more than delighted if he chose this course of action. Should he as expected not choose this option then we retain a shareholding in either a listed or private business for so long as it remains viable.
There are obviously differences between a lot of people on here regarding how they found themselves here, some definitely jumped in on a spike and got caught, these are probably inexperienced and this could be a valuable lesson, which actually may have saved them from losing their money elsewhere by now. Some are traders that got caught out, these statistically lose money so are probably better off than they might have been. And there's people that saw the potential and invested for a longer term. Personally I don't really care if it relists this year or next, I would rather see the product gain traction for a while before the relist, the crowdfunding is a good kick off point, update the app, grow it and improve it over the next year then relist.
The fact countries are trillions in debt and banks, businesses and countries are going insolvent all over the planet is a good thing for tally in my eyes.. People look for a safe haven and if this starts to get talked about it is an easy access to a safe haven asset for the average Joe/Jo.
The saddest thing is, if people actually knew what banks and the financial system was all about, nearly everyone would be holding gold, but they don't.. Hopefully they will learn in this next financial crash, what they forgot ir were to young to remember in the last one.
agree entirely BIg7
the relisting "can" has been kicked down the road more times than BREXIT
Some of you may find this enlightening....maybe don't look too close to bedtime as you might have trouble sleeping.
www.usdebtclock.org
The point being made about IPO was that almost all large institutions and CEO's are now virtually to a man/woman expecting an impending stock market crash (3-18 months) and consequentially a severe financial crisis. You only have to see that the US govt has $23 billion of public debt and there is >$42 billion of private debt, and that's just the US. During 2008 crisis the debt was less than $7 billion for context.
To try and launch an IPO of a very small financial business such as Tally in a stock market in dire crisis with worldwide financial meltdown would be reckless folly. Because of this I believe CP should be busting a gut to get the IPO away forthwith. Or buy out existing holders and keep the business private.
I believe the IPO would be a resounding success?
WHAT do you think will happen if CP tries to launch Tally IPO around May-July (earliest) next year ??
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Once Tally is out in the public domain proper, with National advertising campaigns...this will go viral. Everyone with assets will want Tally card in their wallets. IF only to show off to their friends. Oneupmanship?
With all due respect
A stock worth around 10 million will not be part of anything as measurable as you suggested. Its a penny stock, pennies
Stock markets around the World are this week at new all time highs - Tally not listed
'JPMorgan pours $130 billion of excess cash into bonds in major shift ft.com/content/cb88f6... "The bank is acting like the [next] recession is here - everything the bank is doing points this way".
3 of the top 10 businesses in the world are currently holding over 10% of their value in cash.
Warren Buffett holding the biggest cash stockpile in Berkshire Hathaways business life.
All the indicators are of a major global correction next year.
WHAT do you think will happen if CP tries to launch Tally IPO around May-July (earliest) next year ??