Member Info for chris137

I use a Monzo account as my main bank account now. I was one of their earliest customers.

My reasons for using it are :

1. It was free, ie no fees, and is accepted everywhere being a Mastercard card.

2. The app is easy to use.

3. I can use it abroad and get a very good exchange rate, with no fees. (this was my main reason)

4. Every time I use it I get na instant notification on my phone.

5. If I lose the card, I can turn the card off immediately from the app.

6. It works with Apple Pay and Android Pay. I even use it to pay for things on my Apple Watch.

Since using the card & app, 6 of my friends have also opened Monzo accounts having seen my card. It stands out as it's a pretty bright orange/pink colour.

Now most people will be more interested in similar features rather than the Gold aspect of it. Most casual users just want an easy to use bank account.

Goldbloc sound like a crypto. Even on here, investors keep referring to it like it is a crypto.

The new name gets rid of all that. The Gold factor is actually immaterial when it comes to gaining a critical mass. Very few people will understand or care about holding their money as gold. They just want a bank account that works and the benefit of holding gold will be something they learn about from using the account.

Personally, I don't think the name matters so much.

Monzo generated word of mouth, simply by having a fairly unusual coloured card. The card become quite cool in it's own right.

One other similar company (whose name I cannot recall) is doing something similar with a metal card.

Big marketing campaigns don't always help apps work (I'm an app developer), word of mouth is a far bigger sales tool. Users paying for meals/coffee when out with their friends is how Tally will gain traction, in the UK at least.

Try the same research with Monzo or Starling!

That's the sort of market we are now aiming at, the same users.

Email him and ask.

My guess would be that the ARC shares will be sold at the end of this month.

The SSL Certificate for tallymoney.com was setup on Wednesday, 7 November 2018 at 15:53:52.

I agree, he was very good.

Is it just me or is he looking/sounding a bit unwell though?

PREM's future overheads will be very low.

Circum shares should be ring-fenced.

If GR is to be involved with NewCo it would ONLY be in a non-executive capacity.

Circum shares valued at $1.25 by PREM.

There are warrants at this price and the last investment was also at this price.

A Circum sale may not be the end of PREM... "can't say any more as it is a future event".

NewCo board will be voted in by shareholders.

GR - "shareholders can vote to put up with me a little longer or I can go fishing..."

KME will provide day to day operations at CEO level. Also a Financial Director.

Q. Could Circum reverse takeover the PREM cash shell?

Fuad : potentially though this is a decision that has to be made by the board of Circum and PREM

Don't let one clown that can't research things properly put you off.

Anyway, news so we'll all know what is going on.

Personally, I have never had any doubt about relisting at all and I don't know why everyone has been panicking.

PREM can't afford it. There simply isn't enough money left and we can only raise £2m.

I wouldn't take on a contract with PREM as I wouldn't be certain how long I would be getting paid for.

We do need to find out more about KME though, very much so.

He's very legit indeed.

If you take the name from the TR1 and have a look at the history of a company called Metal Tiger (MTR), all will make sense...

Also look at his posting history and posts by that username on here matches several TR1s.

He did give the company 300k, you know, to keep it going...

Would we rather he took the ARC shares? Probably not.

Guy can't catch a break at the moment but then he has brought a lot of that on himself.

http://wiki.p2pfoundation.net/Tally_Money

Tallies were . . . a sophisticated and practical record of numbers. They were more convenient to keep and store than parchments, less complex to make, and no easier to forge.

Sounds a bit like blockchain, to me...

Am I right in thinking that a consolidation of say 1000 (rough example) NewCo shares for each existing PREM share and then the creation of an extra $6m worth of NewCo shares at launch be what is planned for fundraising?

Then we have shares in a company that is fully funded for 18 months and is about to bring RHA online and Zulu to DFS, without external contractors.

That would be a pretty attractive proposition.

Philip,

Once Circum sells, you get paid for your share of it, the money doesn't just vanish. Then PREM closes as it no longer needed.

Depends on what you value Circum at, could be 0.2p or 2p or whatever.