Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
https://www.kitco.com/news/2021-05-24/The-math-for-higher-gold-prices-is-more-compelling-every-day-Sprott.html
Read the last two paragraphs in that article.
Do you think Parry has the ability to position tally correctly?
Yup.
I only wanted Seedrs to get the secondary market to try and flog these and get out. Now it's IPO or bust, same as always has been since delist.
I agree the noise is positive about now just heading to IPO, but I will believe it when I see it. We have been on a roadmap to IPO since 2018 haven't we? Raised private money all along haven't we? It means nothing really.
Just have to wait and see what new roadmap comes and if anything happens along it.
Anyone want my shares for 1p?
Well. Seedrs is a bust then according to Parry. States the legacy corporate structure and delisting from market is causing issues for Seedrs platform. Seems BA was correct in that Seedrs due diligence didn't like us!
Also parry blames shareholders *****ing on social media putting people off. So now it's a 2p fundraise private again as per usual.
So no chance of getting our shares sold on a secondary market.
Too many companies. Too many directorships. Too much money from various sources. Lack of focus.
That's why
It's funny as I wonder if he actually believes his own BS?
Talking about IPO this year lol. He can't even get the Seedrs going. IPO takes 6 months. So starting now?
He is a joke.
I also think the failure of Seedrs to materialise was the last straw for many, as I'm sure a lot saw that as A) progress being made and B) potential way out of here.
With it not happening it basically just shows this company isn't going anywhere. The tally community page is abandoned by staff, no app updates, nothing.
Seedrs was just the latest missed date given.
Think so BB
Everyone has said everything to say now. We all been round and round in circles for 3 years and the company is where it was back then really.
If Parry's plan was to drag it out till nobody cares anymore then he is almost there I think
Sadly AIM is a casino. Just like gambling you can't get your money back if your bet loses.
You would hope your company plays it straight, but sadly most AIM cos are run by shysters like Parry, Lenegas, Whitby and many more ****e CEO lifestyle ******s.
He has been saying he intends to list the company for years in writing via RNS never mind on tape!
It's all there in black and white signed by him. I would t take him saying it on a phone call as any different
Well in Parry's mind you haven't ever given the company anything as you didn't pay them directly for shares, as in placing. He cares not a bit for retail shareholders, or people who buy on market. Apparently buying on the market doesn't make you a holder in his eyes as the company never made money from you. He has made comments of this type many times before including on that call.
Funny how he was happy to flip the placing shares to us lot during the many pumps he gave it though.
Indeed. 175k while in charge of a company with 5k revenue is laughable. Any other startup owner/CEO would be working for almost nothing trying to get it off the ground.
Parry doesn't give a fook as long as his pay keeps coming.
Parry should pay himself on shares instead of money.
I would be ok with him taking 150k worth or however much he is on now in shares each year, leave money in the business to actually make something of it.
Maybe then he would be more inclined to get it back on market!!
Honestly is as Parry says on that call. It's nothing but a bottom drawer share now. Let them gather dust as it's going nowhere fast if ever.
IPO this year? Lol no chance IMO
Can't even say when Seedrs will be due now
Marketing?
Has Tally ever been marketed? Outside of some ****e childish up yours nonsense that sank like a lead balloon?
I don't think they can market it until they know their target audience. They seem to want to attract younger folk. Well unfortunately they only want crypto, not old boring gold. Sure they would get them if they added crypto to the app.
As it stands they need to target savers. And ditch this idiotic notion that they are a currency. It's a gold backed saving account that can be spent easy via card. It's not a bloody currency
yeah - a 12 month grace period for existing account holders
I havent used mine for ages now as dont want to until they show their commitment to listing - so if they dont IPO within that 12 months grace I will close it fully - im not paying £20 a year for something I dont use.
If they IPO and can be held accountable for their practices then it gives a level of faith in letting them hold money - I used to hold tally but I just cant trust Parry to not fold one day as it stands. Once IPO happens then I am happy to let them hold money for me
Jesus. This and the new fee structure has been emailed
The 20 quid isn't a joining fee its annual! To existing account holders too. So all us mug shareholders who lost money now still have to pony up 20 a year to hold the account open lol.
Least they could do is allow SH a free account
Maybe Parry can get them to use Tally lol
https://moneyweek.com/investments/commodities/gold/603131/how-much-gold-china-owns-yuan-reserve-currency
The company can't even get a fundraise out when they say they will, how will they manage an IPO in what's left of the year?
Bearing in mind it takes 6 months to IPO
Don't worry.
I have full confidence that parry will get crypto added to the app.
Just in time for the next bear cycle.