That link has nothing to do with IPO
Most Lion will get its money back from a ****ty gold mine in India.
Its the same bull5hit which people were spouting when the mines were bought.
Now its a greater news that its being sold.
What used to be Gold Mines in old RNS
Gold exploration Interest in the recent RNS
You will have other pineapple and dj and other nutjobs congratulating you in a minute
It can be done
Other companies do it
It's not out of reach
Right Marketing behind a solid product
Tally is a solid product
Just need right Marketing
Million customers is fanciful
Couple of years with right approach it would look like a child's play
Passion, Method and dedication that's all
I took that % from Tally - Your figure for £18K must be right too.
More anyone holds in Tally, they will fee lesser fee that would be the case.
Although where would Tally find so many customers who can hold £18 a month for a whole year. Most people have £18K as a balance on credit card as borrowed money and fewer have £18K on debit card as their own money. Tally requires people to put their own cash.
So, I see more potential in a million people putting £100 in Tally a month.
I havent got it wrong, I just havent included everything else which just could happen.
(est) stood for Estimate. I dont think MasterCard will pay Tally anything - MasterCard is providing a service and not the other way around, the most we can get is discounted rate from any service provider including MasterCard.
Tally can much more money in many other ways which obviously cant be calculated yet because we dont have any deals to prove such a case.
Tally can take tons more than its own service (that's tally usage - which is what I shared - to be fair that's all we go with for now)
Insurance products would be ideal match for Tally customers and it will sell.
Other financial products and referrals will bring many more millions.
Many others I can tell you but until such thing exists, you cant even get an estimate.
*** As for Tally being non-profit company all of a sudden not-declared is a serious regulatory breach - lets leave it, discussion will get negative and less objective ***
Whatever everyone is trying to achieve = It all rests on our user base.
Once out of Beta Phase
give Tally a proper Red Carpet Service, song, dance, pomp and circumstance.
Where is the Profit ?
A Million Tally Customers with Average £1000 Tally = £9million Earnings for TallyCard (est)
0.075% Fee / User
Lets forget user - Lets take overall money instead
£1000 Tally gives us £9 per year
£10000 Tally gives us £90 per year
£100000 Tally gives us £900 per year
£1000000 Tally gives us £9000 per year
£10000000 Tally gives us £90000 per year
£100000000 Tally gives us £900000 per year
£1000000000 Tally gives us £9000000 per year
If average customer buys £1000 Tally
We need a Million customers to stay for 12 months to raise £9million
Revenue = £9million
Profit ? = ~ £3million per year after whole year release
If you think convincing million people to keep £1000 all the time in Tally for a year is difficult.
Spread this App
to 100 million who can put average £100 a month in Tally Card
and it's doable
with right marketing
That's the difference between investing money and getting employment.
Youre selling yourself short.
If your idea was right then all investors should just join the companies they have invested in and start doing all their job.
Right person at the right job.
Our investment at Tally wasnt right, thus far - fair enough I will stop talking like an investor in the company.
But by the same standard - those who are meant to do their job should also do theirs properly.
Anyone who wants to improve should be willing to accept criticism
Just dont make mistakes -
I wait to see when a PEPSI employee TWEETS in favour of COCA COLA
As for your other dream, yes it can happen.
But if someone suddently trust Bitcoin or Altcoin due to their recent issues - why would they Trust Tally now all of a sudden. The inventor of BitCoin is pretty respectable so peopel went on with his crazy alt coin idea.
The board of Tally are sadly not that respectable so community aspect is pretty much gone nevermidn a following
Also bitcoin altcoin etc have had the success due to mafia and black money originating wildly from Russia .... suspected Chinese spy movements included.
Tally coin is only avialable in UK so that swift take off and mcap is just not gonna happen, Bitcoin MCAP used to be in over 10 billion if not more.
Tally can be a vey good product if its taken care of properly - nothing wrong with step by step methodical manner - its more profitable long term.
These wild comparisons are wild in my opinion
If it was up to my thinking and my desire, I would have made billions in my last life. The world doesnt run on my presumptions.
The West is not built on Gold, as corrupt as FIAT now sounds to people should realise that entire Western Culture is standing on the corrupt Banking System linked to FIAT and interest driven debt. It's not just America, it Europe and Western Allies. Only a war can demote USD as global currency. That would require a WAR which can bring down USA, the mightiest of Empires world has ever seen.
You are in effect hoping for a global war to happen and luckily it wont. Gold will not become global currency.
Gold's direct worth to Tally Account Holders in my opinion is ruining Tally.
Gold is a wonderful thing to hold in savings with or without its price and you can do that with Tally from as little as few quid a month as well as spend and send it around the globe to anyone.
Price of Gold is not good enough to link it to Tally.
If you make two things so indelibly linked on a lose thread eventually one will fail and it cant be gold so it will be Tally.
Q6. When are they planning to join the US stock market
Q7. Is there any plans future Stock dilution
Q6: That's a really useless idea for EVRH dual listing etc are a waste of time for a small cap - also small companies dont qualify for main US indices unless you want EVRH to be listed in one of many small satelite exchanges - Dual Listing is a really stupid business idea, its nothing more than an accounting trick.
Q7. Is there any plans future Stock dilution
Planned or unplanned but there will be one way or the other
My personal hope is that the funded App is being developed for Quest.
But that's an assumption and a wish.
It could be for another device for all we know.
The main point is that if FB see financial potential in MVR, hence why they funded the new APP and also licensing fee contract.
The exact financial potential of MVR is open for discussion, I am happy to accept that is small now but if VR is growing (which I think it is) then the share will grow. Product is Music which you cant replicate so MVR financial slice will grow perhaps take longer than we think - but I dont want to be exact and absolute about numbers in future thats a mugg's game
Oculus Quest would be a huge step forward - but that's not for MVR to decide.
Oculus have placed their different headsets for different sections of the market to grab more and more of VR space. Oculus in effect is creating market trying to give it a bigger shape and so far its worked in their favour (their competitors didnt exploit headsets sub-classification)
To give a simpler analogy Audi A4 and Audi A5 are same inside - its exterior which makes them completely different to look at. Yet they both sell massively for different reasons - so amazing what customers can get attracted to - similarly if they only had either A4 or A5 their sales would be much less than both combined.
Oculus Go is pure entertainment and light games
Oculus Quest is pure games
MVR is not the only entertainment APP which hasnt been launched on Quest, you will find many others are still awaiting.
Unfortunately its not something MVR can at all influence however launch on Quest will be a huge boost to MVR
This question is fair
6) Why is your marketing so hit and miss, one minute you are tweeting the next everything has gone quiet.
My answer is that they are proving their product and its viability.
EVRH is a small company it can't and should not spread its OPEX + CAPEX beyond the reach.
It needs tie up and or more funding to launch across all possible platforms and regions.
Following contracts already exist
1. Facebook for streaming with content license fee to be paid by FB
2. FB in VR only - expected new or updated App
3. Live Nation to work on festivals etc
Either they go all in by themselves (need further funding) or get more contracts and divide profits.
All these are projected figures for future and would need more negotiation as every party will present their own figures.
As long as FB tie up continues - numbers and advertisement is guaranteed over and above what EVRH can amass by itself.
Someone should ask this question and see how it's answered
Oculus will keep developing better headsets like any other tech. That might not be imminent and I have no knowledge to say it will be.
5G devices I haven't a clue about them - fair to assume ISP/Mobile providers want to sell 5G and will use anything to push it.
VR headsets have its own appeal, majority have sufficient speed internet at home to use VR headsets.
I think its a case of promotiong VR Headsets for its own worth irrespective of 5G Mobile speed. 5G will not make or break VR uptake.
Youre bombarded by this new app as you say
But have you ever dowloaded that app ?
Used that app ?
Spend money on that app ?
If the answer is no
then spending hundreds of thousands on advertising doesnt always get the customer.
it only creates adverts.
Advertising budget is finite
It has to be right advertising to the right customer.
You wont see much advertising just yet
We have new VR App to come out for Oculus Device
Followed by MVR's own VR device
Followed by catalogue release
Then it would make sense to plaster MelodyVR all over the globe.