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mw1969 wrote over the weekend - dont blame cp for your investment choice. You got greedy like I did so it is only your fault if this goes tits up. Stop crying like a spoilt bitch if you invested 200k thinking it would 10 bag it's your choice and your mistake. If this comes good which I hope it does cp will be a saint. Dont slag the company off you are only harming your investment.
I would like to know how many people invested here believing that the shares would be de-listed because of CP's malevolence ?
Further I can't see quite how you believe moaning is harming our investment when it is currently valued at zero and no information is being shared with shareholders and the only person benefitting from suspension is CP on his £175,000pa for his part-time role. CP is a dishonest incompetent spiv who has changed the dynamics of the whole Tally offering from originally being DLT or private blockchain to now just a standard gold registered account which you can trade against in cash with a debit card. Not rocket science and not difficult to code there are thousands of scam blockchain companies out there that have done exactly this with a utility token (onboard cash/USDT exchange for UT then send or spend worldwide and some also have debit cards) , they're not rewriting the internet here.
Seems to be that reality is hitting home now that the company has no money, no marketing strategy and no shareholder communication amidst a sea of missed deadlines and fictitious statements by CP. It is very easy to see why investors would look to the CEO and then become increasingly concerned when they see his business history of failed projects and the company he assosciates himself with and draw the conclusion that he is utterly dishonest and incomtenant although I imagine a few here would disagree but they may be best served reading the dictionary definition of incompetent and dishonest before defending him.
Of course CP has a right to defend himself, his integrity, honesty, his business plan, business progress, future prospects, shareholder concerns and his vision to generate shareholder value BUT he has disappeared down a rabbit hole like a snake and not been seen in public willing to answer his critics or inform his shareholders. He has refused to appear on investment shows as was his prior want, to promote the business and he has not faced his shareholders to whom he is beholden to since before he instigated the share suspension and confiscation of shareholders rights and privileges. Some may still believe he "may be honest and well intentioned" but the facts say to me he's an immoral snake seeking to subjugate Tally for himself and his cronies..
From the Cambridge Dictionary -
anticipate - to imagine or expect that something will happen:
ROFL hahahaha to expect LION will return is imaginary around "summertime"
hits town... Roll Up, Roll up to see the Amazing El Cameron Parryio and his flaky assistant wee Micky Joseph perform their Great Dissapearing Company trick !!!
For any here that believe that CP is sat at the office answering 2 phones and not in reality occasionally taking calls through VOIP whilst sipping cocktails in Barbados whilst chuckling away with his dodgy insurance selling buddy Micky Joseph planning the next "delay" and talking through their next easy money making venture, I have a Nigerian Prince cousin who has $50,000,000 for you that you won in the Nigeria Lotto Super and all he needs to transfer you the funds is your bank details (to transfer the money) and the name of your pet (he loves animals) your mothers maiden name (just wants to get to know your family better) and infant school first attended (looking to send his kids to school here)
AND .....CONGRATULATIONS you're a MILLIONAIRE !!!!!
As I have been receiving no replies from Lionsgold which is par for the course with Parry when questioned about the business to which I own a share of, I messaged Tally and they seem very, very keen to distance themselves from any association with Lionsgold and deflect away any correspondence. Almost as though they don't want to be associated with Lionsgold, as if Lionsgold do not exist. Wonder why that is. Perhaps others would like to try this tactic of asking Tally about Lionsgold; their parent company; and see how irreverent their response is. Tells you all you need to know really about LION coming back.
keith serious PR and advertising costs serious money and takes time to have impact so I would doubt very much they will be able to entertain such an essential extravagance as I doubt very much there is much money at all left in the company coffers.
Does anyone have the most recent financial report ? I would be very interested to see what the financial position is, especially with CP still extracting £175,000+pa and no income entering the business.
Lucid Investment recently documented details from a US money managers conference stating a number of influential fund managers. This doesn't necessarily mean it will go down and as I stated "Gold may break up" but if it does break down I see this being a serious concern for Tallymoney as investors move out of gold in a falling bear cycle and into the S&P which is looking towards new ATH's. This was not a criticism but an observation on my part. Obviously there are a great number of investors here that are so deeply insecure about there investment with LION that any comment not glowing about this long since suspended, investor fund confiscated shitshower should be jumped all over without consideration of the context of the post.
have a Starling or Railsbank account ?? The most effective form of drumming up new business to the Tally app would surely be to send account invitation and information on the new Tally account to our sister companies existing client list. Not sure what the actual account numbers are at the other companies but proliferation would be far greater than blunt cold advertising of which I'm not even sure there has been any of that yet.
bassguy it has nothing to do with a narrative. Gold may break up, but there is a consensus in the US that gold will break to the downside and could fall significantly. Do you believe that investors will rush to open up a Tally account and put money into it in 2 weeks time when the anticipated app rollout is mooted with gold at circa $1275 if they anticipate gold falling to circa $900 as it enters a bear cycle ?? Perhaps you do but I would imagine most financially literate investors would wait.
looks like it is struggling to stay above critical support levels and will possibly drop as low as $800 as the S&P sets course for new highs. This will likely lead to a further delay in relisting as the uptake in Tally app/account is not likely to be high with a falling gold price and will actually likely lead to withdrawal of deposits and not increase, and while this is not a given most money managers in the States have moved out of gold and putting funds to work in the S&P. I imagine that if CP et al do genuinely have any aspirations to relist it will not now be until 2020 at the earliest.
As the company do not reply or acknowledge any email questions put to them I have taken to politely asking the following via twitter- has Lionsgold (@lionsgolddotcom) applied for re-admission to the stock market yet ? if so what is the date for admission ? if not why not ?? (@tallymoney)
I would suggest everyone else concerned with the sovereignty of their investment do the same, and continue to do so on a daily basis until they actually inform their shareholders as they are required to do.
Thanks for the updated link Funky, which looks to have been updated from lunchtime with Goldbloc now omitted.
b1gdeano ordinarily I'd agree with your assertion that they should be showing at a dedicated fintech show but they missed a great opportunity by not attending the Paris Fintech Forum 2019 a couple of weeks back and in my personal opinion this was most likely because under such a microscope and in such company the platform and App would look rather weak against all the other fintech innovations out there. But that's just my opinion.
Flapping do you really believe that if they have indeed decided to no longer attend this well attended event that is a good commercial decision. Surely the best advertising possible would be to have a boothe with a number of large screen demos running in the background and a number of iPad's running the app that visitors to the event could have trailed, demonstrating what could be a great product (depending on your viewpoint). They could have also booked a slot on the main stage and run a live demo with Q and A session to spread the word amongst attendees which always includes a large number of journalists.
I've contacted UK Investor Show for clarification but as far as I can see the site has been updated fairly recently. I was aware that LION were meant to be at one of the recent Investor Forums in Feb which was cancelled but have not seen any information about them cancelling their boothe at UK Investor Show. Perhaps you can post a link to this Flappingchicken.
So at the UK Investor Show in London 30th March Lion/Tally were listed as exhibitors some weeks back. As I intend attending the event I just checked to see a list of other exhibitors and to my surprise Lion/Tallly are no longer listed however there is a Goldbloc ltd. on the exhibitor list. Goldbloc with a new logo and when clicked upon gives a description relating to Lionsgold and the gold tech. This is surely a huge red flag that there is something underhand going on as Goldbloc was supposed to have been terminated and superseded by Tallymoney. Could there be a scenario at hand where Tally app registered to N.Reardon or R.Hazell (not certain which) does not belong to Lionsgold and the Tallymoney platform is being commandeered away from LION and back to Goldbloc leaving LION holders with nothing but an empty shell company unable to relist. Companies House has no company listed under Goldbloc ltd.
Flapping don't go putting ideas into CP's head
I see management have given a date for re-listing...."Summer" I've now checked 3 calendars and 2 diaries and can't find it. Perhaps this is down to my calendars/diaries, maybe misprinted and missing. Is it between April and June or perhaps August and September, is it at the start of a particular month or middle or end. Maybe it's between the 3rd and 4th or 17th and 18th or even after the 31st but before the 1st, Yeah that's probably it ! Anyhow I'm gonna take these Calendars back to the shop and get a refund...fancy all of them missing out that all important date "Summer"
Oresterity but why 10 bag ? if it's just an out and out guess why not go with 20 bag, 50 bag or maybe even 100,000 bag. Of course it matters not as the shares are prohibited from trading on an exchange.
Serious question for the few knowledgable posters on here. Each Tally is one milligram of gold but how are Tally valuing each Tally ? Presumably it will be for the spot price in USD but as some will be aware there are huge premiums around the world against this, notably in India, China, Australia, Russia etc where gold price actually hit new all time highs last year whereas it did not do so in USD.
This will present great arbitrage across jurisdictions where the unit of commerce will be the Tally and not the gold (which is denominated USD,presumably). Perhaps this is where Tally will make significant income if it's them arbitraging and not using USD spot but a median of world market spots for Au. Alternatively individuals can arbitrage if it is pegged to USD spot price. Will be interesting to see how Tally then report account holders profits from arbitraged trades which I believe they will need to do in similar fashion to how Coinbase do.