Tower Resources #TRP, Hardman & Co and Edison speak at London South East’s Oil & Gas event Watch Now
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Maybe worth you checking the community site in the shareholder section apple.
You will be able to read all the Q&A session there, it's saved.
It was an online Q&A session via the community site, no need to go anywhere. There will be another one for you to get your say.
Regarding a buyback. I would also sell my shares if it was offered. Though I would expect no less than 1.5p which is what the warrants were exercised at I recall last raise?
Bigdeano.....Company should just offer a share buyback program for those wanting out. Would be interesting to see how many people take them up. I mean they will be diluting holders in all the fundraisers so why not just reissue some shares then already have that they can buy back from holders?
That makes sense to me. I'd sell in a jiffy at ANY f....cking price?
Didn't snyone challenge him on his published date which categorically stated re list May 11th.
I teally wishef i had gone now..i definitely would have got violent, they would have called the police but i would have got some satisfaction. That bas'tard stole our money and those that turned up should have been more severe. Ffs
Csn any onfluential shareholders get a block litigation going and take them to court. I'm sure it could be done. How can he be allowed to get away with it. Think about it £millions of investors money. Get MPs involved we could all chip in with the costs.
Run along now Chris...there's a good girl
Lu_cypher can you not read? "nothing to be said other than that" filtered
To early for that.... lets get the IPO underway
legal action? If so would like to know more
Lu_cypher I will deal with Parry in my own way.....nothing to be said other than that
It really isn't cheaper. And it has wayyy more regulations than aim lol
But yes. No nomad. B
what action are you proposing Valhalla?
dj - listing on main market is actually cheaper than, and comes with less regulation (believe it or not), than AIM - no requirement for a NOMAD being one example.
yeah he kept that one quiet
Lack of focus is the apt term for Mr Parry
Also resigned from RAILSBANK TECHNOLOGY LIMITED on 20/08/19.....where did all the money go.....what have we achieved from that? NOTHING.....14 positions as director and as of yet produced nothing but debt and topping up his own bank account....I am supposed to be getting a call from him today and believe me he will get a good grilling....the time has now come for action before he runs off into the sunset again
Ok - further digging
It wasnt The Real Asset Company Ltd that was renamed- it was TRAC Technology Ltd.
TRAC was bought up by Lionsgold, now Tally - they renamed TRAC technology Tallymoney ltd but left TRAC alone.
Clear as mud then.
The whole TRAC thing is murky as can be to be honest
Some questions were asked about that last night and it wasnt particularly well answered.
One who doesnt really trust could say they are hiding the IP owner.....
TRAC even showed up on the charge filed with companies house ALONGSIDE Tallymoney LTD! Even though it was renamed?
Was it renamed? Not apparently according to companies house. So what is Tallymoney ltd? Who owns the IP??
The whole thing makes me very uneasy tbh
Oh and he's after a Standard Listing, over AIM. Which is heartening but at the same time probably more costly. So it's really dependent on Crowdfunding interest and I guess whether the directors put their hands in their pockets. Or an institution comes on board, but it's all theoretical atm.
I can see us getting to relist, just on a longer road. My issue really is just please stop putting out dates and then flying past them. If you have a firm date in mind, stick to it. I do wonder how Tally functions sometimes, it seems so haphazard, but yet like many small companies they get there. Just ina kind of slightly chaotic way. I mean we're still here so...:)
I know initially when this pile of ****e was listed before CP ****ed it all up and hey presto we are de-listed and all locked out of our investment, that he and his family fund were invested too. However I would hazard a guess that as we are now approaching 2 years de-listed and with CP still creaming off £175,000 each and every year (as a basic) that he has recouped all his investment (faux or otherwise) and then some and has no skin in the game whatsoever. When this inevitably gets wound up it will be telling where the intellectual property goes. RH as I understand it is the proprietor of the Tally app isn't he and not Tally Money ????
Lionsgold shareholders have been desperately let down by CP et al and also terribly let down by the regulators. Remember that the shares were suspended from trading under Rule 14 which is there to PROTECT shareholders !! What an effing joke.
Forget to say they didn't even answer the question on how much were they looking to raise...surely they must have a figure in mind...… its like going to the bank and asking for a loan and when they say how much … CP says I don't know I just want a loan!
We all understand the process of getting App V2 sorted and out there gathering interest before the IPO and relist... it makes sense... what doesn't make sense is surely they would of had advice on the approximate length of this process from industry experts or consultants.. so why the constant missed timelines which are out by months & years (not days & weeks)… Have they not taken advice... are they going it alone in an industry they know nothing about?
We all understand that starting a new venture or business has hiccups and some unforeseen red tape but this just taking too long... and with the new "post summer" guess... which is as vague as it gets (at least 11th May was an exact date even though it was bull) where does that leave us? Sept?.... Christmas.... next Easter?.... with the companies track record on timelines I'm not even sure on those dates either.... and the worse thing is CP and the gang don't seem to be concerned at our frustration and act like its part & parcel of the set up.
I was hoping the Q&A would leave me with fresh hopes for the months ahead...but it seems like we all have more questions to ask from the answers given last night.... which is frickin annoying and demoralising in equal measure.
If I was a drinker id have a large brandy right now!
Well at least he was honest last night with the answer "don't know when it will relist" line.
No dates, nothing can be missed. They really don't know when it will be back. Not this year I don't think. Maybe next. Maybe the year after. Maybe never as it will go bump before then. Only so many private fundraising they can do before it dries up. So on that note a listing would benefit us they can raise placings. Though again they are talking about main market not aim, which makes it harder to place.
I don't know. It's just all very boring now. Temper your hopes of a listing this year and nobody will be upset.
One thing I don't like is how twice now he has come out and said to holders that if you are treating your holdings as a loss, then IF it comes good it's a bonus. It's not inspiring is it.
I told him last night that they should pick a date and stick to it. That the can-kicking was making things worse. He answered briefly but gave a longer response, which I partly saw when in the process of logging out as had to leave at that point. So dunno what he said fully but got the gist it was 'we understand frustrations, but...' I'll have a look at it tonight when I can review the whole chat in peace.
He will kick the can down the road for eternity and then slide off into the distance with everyone's money....never delivers on deadlines that he has set and just dangles the carrot....complete fraudster