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from me here as I count myself very fortunate to have concluded a deal to sell my shareholding in Tally to the very honourable Slugmum. Whilst I have had to accept a loss on the transaction of circa 65% I was in the unenviable position of having made a profit on the majority holding that I disposed of during the week prior to suspension due to CP's incompetence. I thank Slugmum for their fair offer which has allowed me to conclude my business here and with that I have no reason to further comment here as I don't think that would be right.
I just leave one final comment and that is to wish Slugmum the greatest success with her holding and very much hope that everyone can reach a successful conclusion here that will allow you all to ideally profit from your perseverance and fortitude. Good luck and best wishes to one and all.
I hear its official we will be re-listing in........
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.
Qwait
Just messaged you.
Slugmum I've contacted The Share Centre and am awaiting a reply to see what is possible.
Share Center is changing to II and account holders with SC will be just switched to II accounts as I se it. I haven't enquired but I think it is standard practice that you can transfer your shares to other account holders. I might contact them and see.
Wish I had my shares in Hargreaves Landsdown. Very generous offer from Slugmum IMHO.
If you fancy opening an account with The Share Centre slugmum you can have mine in a flash :-)
At this time of year thoughts often turn to those less fortunate and the disappearance of Applegarth from the board came to mind. I know Applegarth has suffered personal loss and distressing loss of wealth here in Tally and so just wanted to wish Applegarth best wishes and good health. Also Slugmum has shown incredible commitment and faith in purchasing shareholdings of Tally from others needing to realise capital from their shareholdings and so I wish her well with the investment and hope it works out. Finally to every other Tally holder regardless of opinions I wish you all well for the festive period and hope that there is resolution for all in respect of this awful investment in the year ahead. Good health everyone.
I too have sent off emails to FCA and AIM and as much as some may believe that this is a waste of time weight of numbers usually brings attention to a complaint. A point that I have very much stressed is that our assets ie.Railsbank holding and mines are being sold off against shareholders best interests in order to support grandiose and exorbitant CEO renumeration, which could hither to be better distributed back to shareholders who have not been given any representation to agree such action by way of a General Meeting. My take on this whole charade is that even if CP has fleeced me I have an obligation to make sure he is denied the opportunity to perpetuate this again against other unsuspecting investors in the future.
Rule 14. is there to protect shareholder investment and NOT for CEO's to circumvent listing regulations contrary to shareholders best interests ie. the ability to freely trade the company shares on an open tradable platform.
At no time did I as a shareholder get a vote at a General Meeting !!
Rule 14. A reverse takeover is any acquisition or acquisitions in a twelve month period which for an AIM company would:
— exceed 100% in any of the class tests; or
— result in a fundamental change in its business, board or voting control; or
— in the case of an investing company, depart materially from its investing policy (as stated in its admission document or approved by shareholders in accordance with these rules).
Any agreement which would effect a reverse takeover must be:
— conditional on the consent of its shareholders being given in general meeting;
— notified without delay disclosing the information specified by Schedule Four and insofar as it is with a related party, the additional information required by rule 13; and
— accompanied by the publication of an admission document in respect of the proposed enlarged entity and convening the general meeting.
Where shareholder approval is given for the reverse takeover, trading in the AIM securities of the AIM company will be cancelled. If the enlarged entity seeks admission, it must make an application in the same manner as any other applicant applying for admission of its securities for the first time.
Complaints should be made based solely on facts and relevant statements and demonstrable malevolence. Some notes below.
The suspension from trading is due to a "fundamental change of business" - CP as CEO would have been aware of this listing regulation and so suspension was surely a deliberate action.
'Lionsgold"s ordinary shares will remain suspended until the Company fully complies with Rule 14. This process is expected to take three to four months to complete.' - Lionsgold issued this statement and I think it is beyond doubt that CP has made no effort to comply with rule 14.
Each and every investor here should start by reporting CP and Lionsgold/Tally to the FCA through the following link :-
Contact our team via email at: consumer.queries@fca.org.uk
Please tell us as much as you can about the scam and the unauthorised firm or individual who contacted you.
Weight of numbers stimulates action from the regulators.
Certainly seems as though CP has layed bare the issue with that statement in so much as the product has not been proved, and after such a long time since launch has lost all traction and will now evidently fail. CP will now run down the clock and funds, and we will all be royally shafted. I feel terribly sad for anyone who is overexposed in this fiasco and am disgusted that regulators allow for this deceitful, corrupt practice.
is to sell all the remaining assets (mining interests, investments ie. Railsbank and any IP) and return all funds directly to shareholders. The concept has long been superseded by other tech platforms out there and even if it hadn't it is blindingly obvious RH and CP have no idea how to run, grow or market a successful business. AND so I implore Ralph and Cameron to do the only plausible thing and pull the plug, make them sales and give back to the shareholders that you have maltreated and acted such maleficence upon.
We know that Kris trolls this discussion board reporting any comments contrary to company edict, so please be true to yourself and pass this message on to them hence withe.
I said this a long time back and suggested a year ago that there was still good value in the company and CP should just sell all mining assets and stake in Railsbank and then hand back all funds to shareholders (excluding himself and family trust, after all he's the one who phucked it all up). Most shareholders would have been made almost whole with the hugely inflated value of Railsbank since investment. Alas no, he took the advice and viewed it as a means to carry on funding his exorbitant annual wages and package.
NO !!
#redflag
there was an ogre named Cameron who gathered around all the simple folk and told a long and twisted tale.
"And I he declared with his chest puffed out will create a platform, a platform so great and wonderful the likes you'll have never seen before, and on this platform all you disgruntled little piggies will be able to freely exchange your shares in my mystical company between each other so that those that wish to be set free can be gone"
"Wow", gasped the amazed and incredibly patient little piggies !! "And when prey tell will this trading platform be ready so that we may once again be re-united with our long lost funds ?" questioned the crowd with excitement, that they should finally be free again.
"third quarter this year" declared the ebulient story teller.
And so the restless mob was pacified for 100 days and 100 nights. BUT alas the time did pass and the magical platform to freedom never did arrive and once more the robbin roo made off with another £180,000 that year. Sadly the poor little piggy folks could do no more than pine for their lost monies as the evil roo slipped away with the ill gotten gains once more into the ether to plan his next betrayal. AND nobody lived happily ever after.(for it was not fair dinkum)
THE END.
I'm guessing nothing from last night even after the hyped expectation of a trading platform for holders....... quell suprise
With the number of zombie companies and nations growing precipitously talk amongst global macro investors is growing ever louder of a "global financial reset" or "Debt Jubilee". Sounds ridiculous when first considered but I listened to a solid explanation of how it could be done on a podcast with Alden/Rickards/Valek and Stoeferle last weekend whereby the US and other countries would enact a modern Executive Order 6102 and all gold would become property of the govt at the price set by govt (closing prior indicative) all paper claims without first lien on physical would be recognised for what they truly are PAPER. The Central Banks would then revalue gold at eg. $10,000 oz and hence decimate their accrued debt and unimaginably shrink debt to GDP ratio beyond all recognition (reset). This would be shoddy for physical gold holders who would receive closed market value for their gold one day for an asset that would be worth 5-10-20 times more the next once exiled from their ownership and into the govts. But for owners of paper gold claims, it would be catastrophic with all value wiped out. This is why Audit and Lien are imperative !!
Any company obviating an audit of something so central to their entire business offering as gold.....well make your own minds up
Wow Pineapple you only got 20p. That's awful I managed to sell my off market in a private sale with a secretive Bolshevik Cantillionaire who back-channeled me £15.67 a share. I then completed on some late expiration options that Steve Jobs had bequeathed to me after I was an early investor in his Fruit & Veg business, which didn't really work out for him as there was too much fresh produce to work with and so I think he just concentrated his efforts on a single fruit which I believe did quite well, apparently an apple a day and all that...... Any way once I'd sold the $APPL shares I bought a small S.American country called Brazil through contacts with Mossad and the rest they as they say is history.