Member Info for BrownAdder

For that I say

Get an experienced top notch FinTech professional, he/she will ask for high salary so let him/her have it.

I am not a professional in FinTech and with all due respect to everyone I dont see one on the board either.

Hazel I could see as master idea generator but has he build and ran a FinTech business before ?

If not then this could become a learning exercise which means plenty of mistakes with the App, all of which you have neatly summarised.

No
But Dubai is photo op for most things in life, sad but true
Cant stand Dubai

This project will come true
Could take a while

Secondly how this company materialise is not sure at all, its almost distant from reality of that project.

One good hope for short term is that it will be swallowed and acquired
I'll keep buying near .25

Everyone should weigh their own risks

Don't compare your financial risks to that of a multi millionaire sheikh, fallacy

Johnny
Its not that Board doesnt want to improve the product

Of course Board or anyone would want to have name associated with one of the top 50 Apps in the world

I even as investor want to tell people I backed and stood behind this amazing idea regardless of money return that will become secondary to any discussion

But to do all changes and all work
One needs money

FinTech Apps are foooocking expensive
I said a year back that then Lionsgold should just get a massive loan and sort everything but save time not worry about relisting dilution etc.

So to answer your question
Only real hurdle on this planet is MONEY

Now that we are Tally
and only Tally focused
and Board not floating pies in sky

Its refreshing and good
Your ideas I have read, they will come or even better ones.

Reason I am not held on APP ideas is simple

Let crowdfunding commence
Lets get 25K users on APP
Then add any feature which customers want
If our customers want Tally access to movies/theatre or public transport well whatever the crap
Tally should do that
Thats mathematical and customer engaging

Let the app grow with customers

10K trades dont make a mining project successful

Few yes
but few grands is only few grands

Each to their own as I said

I know this project personally
I have personal interest and financial interest in this project
Govt is behind it

I did buy .25
But I wont buy any higher
I am not selling either

This are far many corners and hurdles here

Each to their own

Everything includes

Mining interests be it India or Finland
Relisting
B2B
Dual Listing India (joke)
and all other novel ideas presented here

There will be many more as I said few months back

This is endorsement that we are in the right market

First mover with right product will have advantage, always

Main point is right product.
Tally transfer globally is the only advantage we have.

As am constantly beating my mantra for which I have been constantly beaten up

We need money to propel the product to masses
Everything and everything else is noise and not worthy

All experts are out today
Lol

Approval from Govt wont be an issue
Question is if Chinese are ready to kick start the project

They need more money, 700K is nothing
so wait for more dilution

Dont buy today
It will easily retrace
.20 to .25

more dilution to follow

don't buy if you cant hold for good few years

True
Influencer would work if there's one

Re Pre IPO
Business loan much cheaper these days or Directors could buy would be cheap as well.
Someone within FinTech industry could join in too with respect to sophisticated investors. A commercial client could invest too but that would far too good and am not one for over excitement lol

Re Crowdfunding
I think that would bring more customers than actual money to begin with. There's a cost attached to everything.

Whats the current email campaign £5 Tally or something if someone recommends a friend ? If thats what it is then thats £10 give away from company to a new customer.
Crowdfunding Not cheap but cheaper than usual non-targeted advertising. Newspaper adverts, tv advert or even online social media adverts are non-specific and usually a waste. Facebook is still the best place for targeting the right audience but Crowdfunding wins.

bigdeano

Pre IPO in Dec
what do you make of that ?
I know company needs money and a lot of it
a Raise before IPO
running capital or capital to IPO
how much needed ?
assuming IPO = relist

If youre looking for absolute certainty then thats not possible anywhere in life.

Any business can go bust usually its low demand these days which is the biggest factor and of course any business not run properly will fade away as well. FinTech is swelling and will continue to grow so a rival can easily launch and undercut any business.

Weigh your own risks.

With all due respect to the question youre asking is something you should be asking yourself, then spend time researching and due diligence as its your money.

Whatever level of risk you're comfortable with then take it.

Of course no risk no gain, high risk high gain and medium risk medium gain.

Don't listen to others for your risks it will be a disaster for you

I am not worried about woodside.

Its an appropriate cover for the amount of assets held by very low (negligible) customers at the moment.

A bigger cover can be put in place as customers increase.

Essentially its an insurance and no one would pay more insurance premium than the cost of insured wealth.

If you want Tally to get a bigger cover then it will have bigger cost, that will be reflected as company expense and we all know that has negative effect on profit

There will be loads of headwinds and bumps and edgy corners due to lack of expertise at the top.

Experts and Experience cannot be acquired without making mistakes
Avoid mistakes and save time by hiring a well paid Expert

Tally should poach someone from Monzo or Revolut
Offer them **** loads more, get work done quicker and of higher standards

Same goes for Marketing
We people in here or the board can be positive and passionate influence
but we or the board CANNOT replace an EXPERT

Dont worry Sharebuy, we are not talking about your personal matters

RNS mentions 2 Download Figures
------------------------------------------------------------------
App of the day increase = 2600% of daily average
------------------------------------------------------------------
Lets's find Daily Average First.
Assuming iOS Downloads 100,000 over 120 days (4 months)
Daily average is 100,000 / 120 = 833

2600% of 120 = 21658 Downloads

------------------------------------------------------------------
GMA increase 5% of overall base
------------------------------------------------------------------
Total base 100000
5% = 5000.

Total Current conservative estimate iOS downloads = 126K
Total Current conservative estimate Google downloads = 50K

175K downloads in 4 months
without full launch/marketing.

Leveraging anything against price of anything is a mug's game
or in rare circumstances forte of a very few.

Tally will lose its appeal if price of gold is highlighted
or even if gold is highlighted
and that book is no good for our customers

Tally is Tally itself
Only thing which should be promoted is Tally
neither gold nor gold's value at any time.

As I have said countless times before

JUST DO IT
3 words and NIKE sell all sorts of crap
they don't talk about shoes or apparel

Talk about Tally
Talk about saving money
Talk about avoiding inflation
Talk about quick transfer
Talk about avoiding forex spread

Dont talk about gold and Tally will win hand s down

Picardy

so why did you invest in Lionsgold ?