RE: Repost: Tally Shareholders Q and A30 Sep 2021 17:25
after 3 years of suspension and several capital raises.
he has the audacity to further sell down the crown jewel of the company.
that is all the value that is in Tally, £28k revenue is a joke, no traction, no momentum, no revenue.
it was always about the Railsbank stake.
he's already raised funds 3 times this year to allegedly fund an IPO and , his top priority, to keep paying him a damn salary. so why the need to further sell down Railsbank other than Greed, wonder where the proceeds have gone and why do shareholders not get a vote on the Railsbank sales?
Railsbank holding is shareholder assets, it should have been voted on and i would imagine there is not one investor on this board that would have wanted Parry to do what he has done, however would seem we do not have the power of scrutiny.
if it does turn out to be lights on money, he has already raised 3 times, sio it then shows for the scam that Parry is operating, he has raised several million this Year and achieved Zero. there is a word for it !!
where have the millions gone? i would ,have much rather PArry be removed a year or so ago and remain a holding company for the Railsbank stake for the long term. i don't trust a word Parry says, neither do i trust him to do anything positive with OUR money.
report him to FCA for "extracting value" not in the interest of shareholders.