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on the non-listing topic.
BUT - if CP et al are seriously doing a pre-IPO and raising funds in the City as has been suggested then why on earth would they not do a Pro Active interview and follow it with an investor presentation show, not only would this demonstrate an honest attempt at re-listing and fundraising amongst the investor community but it would also be a huge opportunity to advertise the product first hand. The fact that they are not speaks volumes unfortunately and fellow shareholders have my deepest sympathies.
looking good. Looking at the 1 year chart it has formed a perfect cup and handle and if the price can break overhead resistance at around 1380 there should be clear sky to around $1800 and probably on to new ATH. This should be great news for Tally as interest should transfer into greater Tally account adoption if Tally can actually market the service so the wider public are aware of it.
Just to temper that positivity though !! this is all of no benefit whatsoever to Tally share holders who remain prohibited from trading their shareholdings with no firm plans to relist. However I hope Tally account holders do well though.
for reference was $1900.30 June 2011 so hardly a licence to print money alamo55
BA just checked the records for Tesla and at no stage did Elon solicit investment with unsubstantiated delusions of grandeur "2018 is going to be a massive year for Lionsgold" only to subjugate their funds and leave investors monies incarcerated indeterminately.
Ordinarily shareholders could attend the AGM and vote him out with overwhelming no confidence but perhaps CP envisioned this when he pre-emptively moved the AGM to Guernsey in darkest, bleakest December.
What you are describing BA is a hostage situation, whereby shareholders are not at liberty to exchange their holdings no matter what until CP decrees so.
Tesla has never made money and loses significant money on each and every vehicle that crosses the production line however Elon Musk has the business acumen to sell the story with the product out there and available and shares listed on a reputable exchange so that shareholders can buy or sell based on their own individual value attributes of the stock.
'We have CAPEX and OPEX
We have no revenue
We have no profit'
BA while this is true it should be noted that there are thousands of mining exploration companies alone around the world in exactly the same position that still have themselves listed on exchanges.
We may be waiting quite some time before surpassing 25,000 registered users.
DJ there is evidently a clear course of action that CP could take that would clear this board of whiny old men ( a badge I happily wear in this instance) and that is to relist, simple and straightforward and with nothing now prohibiting him from doing so. All whiny old men could then expunge their holdings and leave Tally believers to their golden utopian future entirely bereft of contrarian viewpoints.
dhavalj there's already dozens of other companies out there doing this or very similar and some have been launched to the public for 2-3 years now. Also a number of crypto backed gold blockchain token offerings out there too.
b1gdeano it depends where you holiday. When it's Autumn here it's Summer in other parts of the world.
Which actually leads me to thinking that's why CP said re-list "summertime" He didn't actually state English Summertime !!
Probably meant Australian summertime as that's where he originates and so as I've been saying re-list 2020 (Oz summer Jan-March) and he hasn't even broken his promise of "summertime " re-list.
OR perhaps he meant Antarctica summertime which is officially from 21 December through to the 21 June which is probably the most plausible suggestion as he originates from the southern hemisphere and would go to prove he hasn't misled us all along. Thanks CP and sorry for ever doubting you're integrity, I now put the misunderstanding down to my misinterpretation of "summertime" ....I'm off to sit in the corner facing the wall with my Dunces' cap on.
Not looking to be controversial here but I always considered September to be the first month of Autumn, no ??
OR has CP delayed Autumn too.....
firmly in cheek when I suggested we can now move onto the most recent delayed relisting suggested timeframe of "summertime". I have stated before we will not relist until 2020 and that seems more plausible than ever. Relisting I believe is firmly at the back of CP's mind and very low on his list of priorities. I was trying to highlight the fact that there is no reason not to relist as previously stated when CP gave the vacuous time signal of "summertime" a most professional commitment ;-)
Account holder uptake numbers are vital and CP will use this as his next excuse for further infinite regress to listing date.
If they believed that TYM had a cat in hells chance of reaching even a 10th of the estimate then they would be buying up every bit of stock that they possibly could.
The sp doesn't look anywhere near capable of reaching a 100th of the price value and even a 1,000th looks like a stretch.
Bassguy I was of the opinion that gold was likely to fall below $1000 and that was based on the bearish charts from 10yr, 5yr, 1yr, 6 months, 60 day and 30 day which were all showing a down trend and danger of resistance breaking to the downside. Hopefully the action of the last few trading sessions can continue and if the price breaks overhead resistance $1900 is easily obtainable. But this could be just an interim rally within an over all bear market.
Obviously the best scenario for everyone involved with Tally is a new gold bull run so fingers crossed the price rise continues.
b1gdeano I would imagine that both Tally and Railsbank will take a stake in the tx fees, which is double bubble for Tally what with Tally having a holding in Railsbank.
b1gdeano the average credit card tx has between 7 and 9 claims against the tx fee which includes card provider, bank and various other rent-seeking middlemen, and although not entirely certain on debit cards I would imagine that they are the same. This would suggest that Tally as the (bank) would receive a fee from the tx accepting party on each and every tx processed.
Vacuous postulation on an open forum a contract to purchase shares does not make. Three times I have had posters including MPJ stating on BB's that they were prepared to buy from me my holding in LION and all consequent contact to facilitate a share transfer were either reneged upon, contact rebuttle or ridiculous low ball valuations were made as in the case of MPJ who was running his mouth with inclinations of a >3.5pps raise then offering 1pps but still with caveats. Typically the response will be "well if you want to sell then you should sell at 1p" but if I were to choose to sell my 30 jahre and wanted the market value of circa £80k for it I would not accept an offer of £25k just on the synopsis "Well you've been made an offer for it". There have been NO genuine offers to purchase shares off market full stop.
that posters like Topprize, Stix and Crayonmuncher add nothing but vitriol to this board and their first line of engagement is abuse which probably demonstrates character traits from their family life - my sincere condolences to their families.
That suspension was flagged as being no more than 3 months and is in FACT now in excess of 12 months with still no end in sight is not conjecture it is not FUD it is fact and there is no stated date for relisting on any exchange or any indication of what exchange they might look to register our shares to trade on, in fact the most recent news was of further delays further enhancing the delay differential effect which is an established scientific equation that demonstrates that one delay will inevitably make further delays both ever more likely and more numerous.
I do hope that the afore mentioned posters retaliate with abusive messages on the understanding that if they spew their bile in my direction at least their families may be spared a little this weekend.
genuinely do hope that Railsbank has some huge news and Tally launch successfully soon and complete funding round to the limit of their expectations but until CP puts our company back on an exchange, we really are not a part of any success that they may have. Surely I'm not the only one who believes that CP as CEO has a duty to address his shareholders after over a year since delisting and no shareholder presentation since.
While shouting down Picardy may seem like good sport it really is quite trite and ill informed. His main thread of criticism is that the company can be successful and remain private if CP et al so elects, and it is he and he alone that can decree otherwise. This is a point of fact and not conjecture. So carry on mud slinging but at this point in time the company is and will remain Private for so long as CP et al so wish.