Member Info for djwall1s

And yet... this is also a company that hasn't wound up and liquidated. Or turned off its lights and sent its staff their final salaries. Even in a pandemic they've managed to keep going.

What almost hasn't? Railsbank/Railsr, a company with far, far bigger coffers and clout, nearly coming a cropper. So it's a strange one.

I think that CP just purely has reluctance to list. Tally has become so precious in his head he's not prepared go let it take its chances. He's like a mollycoddling father. Therefore we can all just wait his time until junior can go to nursery.

When you hear him talk, his explanations sound level, reasonable and follow a structured patter. But after 5 years of reading between the lines it pretty much just boils down to him being precious imo.

There's always a chance of listing as long as this company exists. The idea put to him by a shareholder on the Tally forum t'other week to allow holders a kind of 'lock in' warrant to keep everyone from fleeing on the (oh mystical!) opening bell is a good one. And would presumably raise more funds to help get this over the line. But there's a lot of work to do on CP's part. And this is a man who has had no issues watching 5 years tick by. Trust is rightly lacking among numerous weary holders. Patience, for many, eroded a long time ago.

But it's worth a shot, imo.

Wouldn't you love to know.

Everyone wants their money back here, in some form or other. And whilever there's a chance of that we should hold the line. Companies have relisted after years in the wilderness. Because my finances are of utterly no concern to some floating poster, it doesn't mean they're of no consequence to me. Or bigbench or stix's to them. Or that I shouldn't continue to voice support for a relist and not go out of my way to slate the company. Constructive criticism, yes. Genuine shareholder concerns, yes. Translating that to the company, either in person or via the Tally e-mail or forum, of course. Standing up to the company and questioning it, absolutely. Many of us have. But resorting to name calling and 'green on green' as it were is never good. It only makes these companies more emboldened to work against a fractured, chaotic shareholder base fighting with itself.

There's nothing 'thick' about wanting your money back and pushing for it to happen.

But thanks for your educated, stellar input out of nowhere. How helpful. I'm sure your parents are proud.

I just don't know what to say any more. I'd laugh if I wasn't crying. ????

https://mobile.twitter.com/CameronJParry/status/1634540020915740674

The word that looks like 'time'.

Bloody hell, LSE, you're hard work! :D

Remove/ignore the dots before and after that final forward slash. The automated system has dropped those in for some reason. The only actual dot should be in ****.

Sorry missed a bit, try again:

haitch t t p s colon forward slash forward slash t dot me forward slash.

Then the rest as per DJB67's visible link below.

I'll try post the link with gaps also:

h t tp s : / / t. me. /. ananda Developments investor group

See if this works. Follow it phonetically:

haitch t t p s colon forward slash forward slash dot me forward slash.

Then the rest as per DJB67's visible link below.

BTW, I did not know this myself either, someone passed that info on. But it makes sense.

You'd be taking part in an official raise, thus helping the company achieve its specific aim, rather than buying shares on the open market, which wouldn't contribute towards this particular fund raise.

It'll shine if he pulls his finger out and gets this listed asap. It's guaranteed PR all of its own. On the face of it you could argue he's cutting corners. Yet we have a operational London office, young staff on good salaries (well, they must be, they're still there), staff being paid in shares, and the lights are still on. All plus points, but directly at odds with his constant goalpost shifting and just doing the thing that would propel Tally into the public consciousness in the biggest way possible.

Anyone beginning to see why CP has been putting off relisting this year too?! Not that he should have. Or it's a valid excuse. But given Tally's junior position it looks to me as if it could be tied to Railsr fortunes. He won't want to lose best price on that fairly chunky holding until/if the firm can be saved and reinvented.

From the second article. Make of it what you will:

'"We are absolutely delighted that Railsr is now able to rebuild momentum and return to growth," he said in a statement today. "It is a business that deserved to be recapitalised. Railsr has a best-in-class technology platform that has already given hundreds of fintech customers competitive advantage. A huge number of people across the financial ecosystem believe in Railr's potential and have worked very hard to make this transaction a reality. We will now get back to basics and manage the business methodically and constructively. We have secured a new chapter for Railsr and are excited about what the future holds."

Indeed, the investors are still bullish of the potential for embedded finance as a business, which is why they've cobbled together to take on Railsr and give it another shot."'

Railsr latest, the first story requires app:

https://www.msn.com/en-gb/money/other/beleaguered-london-fintech-railsr-agrees-rescue-sale-in-bid-to-avoid-collapse/ar-AA18qaDO

https://uk.movies.yahoo.com/railsr-uk-embedded-fintech-once-175159456.html

From what's been written about Railsr or whatever they're calling themselves, it sounds like an almost hero to zero overnight which make Tally look more organised. I dunno what's gone wrong over there but these companies can be turned round quickly with a few shirt sharp changes and anew ethos. So all is not lost.

On a mere personal gripe and likely nothing to do with their current predicament, I never understood why they needed to change their name to start with. Thought they were onto a good thing with Railsbank. Railsr is utterly meaningless.

CP response regarding the current Railsr issues, in response to a poster posting the article. This 2as from 3 days ago.

'…City watchdog on alert for failure of fintech Railsr... '

cameron-tally
3d
Hi xxxxxxxxx, we became aware of this article on the evening it went out, the 28th of Feb (the evening after our Feb shareholders Q&A). When we first went live with the Tally App mid-2019, we relied on Railsbank to run our tally ledgers, E-Money IBAN accounts, to connect with the payment rails between bank accounts eg UK FasterPayments, and the whole debit cards vertical (processor, issuer, manufacturer).

TECO (short for Tally Ecosystem) is designed to be agnostic to the BaaS (Banking-as-a-Service) provider as well as agnostic to the cards processor and the cards issuer. With TECO implemented to the extent it is, we have been running all of the Tally ledgers for some time (that is the balances customers hold in tally and movements in those balances as they save, spend and transfer tally), and this month we will have finished the integration of our new cards vertical (and Railsbank’s involvement in Tally debit cards will cease). This transition was part of our ongoing development and contingency planning for the Tally Monetary System. And on the IBAN issuance and BaaS that we continue to run through Railsbank, we have contingency plans in place. So we are prepared and we are monitoring the situation.

Regarding Tally Central Ltd’s shareholding in Railsbank, we had downgraded the valuation of our remaining Railsbank shares from £3m to £2.3m in our most recent audited accounts, based on their funding round last year. I can’t opine yet on what value they may be in this years audited accounts ending 30 June 2023 but I expect it will be adjusted again.

Hope this information helps and I look forward to answering any questions you may have in this month’s Q&A. We should have further details by then. Regards, Cameron

I'm in that group and apart from 2 or 3 people taking you on nobody else said a word and just let you have your say. Most people on there don't comment anyway so you making out everyone is a 'mug' is classic narcissist behaviour when you can't get everyone hopping to your tune and when you've been booted out, which did happen.

I actually wouldn't have canned you if I'd have been moddig, at least at that point. You were contributing nowt except badmouthing the company all the time and complaining like a 4 year old, but I think it's good to let people blow off steam. And you're obviously still here so life can't be all that bad for you at ANA towers. Unless you're just here to salve a bruised 3go by ranting at the next lot of unfortunate ears.

I don't like what's going on either, and I've said so. I'm extremely uneasy about the sp drying up to near nothing. But we are not the only company and a lot of is down to big traders playing the system as they do daily. But to call the hard work and progress of the team 'a shed with some plants' is just proving the narcissist point over and over. T
ANA needs a PR drive, a investor timeline, and to get off AQA imo. But a commercial licence is within sight now if things go to plan. It's a gamble. You're on here investing because you, I, we took a gamble. It may or may not pay off. With patience and time it may well. Don't over face yourself and sit tight. This is at least another year in the making and my personal concerns about sp and market abuses are tempered by the fact the company has built great results. They were clear from the start that the growing and lab processes would be up to 2 years to get the strains they needed. We're still in that phase though much further and into second year now.

Another example of (I think) Tally advertising going in a more fulsome, straight to facts direction.

https://mobile.twitter.com/tallymoney/status/1630948738666463234

I did like this advert by Tally, I think it's much more helpful and less niche than some of the stuff they put out. If they kept heading down the 'basics of' road, letting people (from all walks of life) see the actual mathematics and value of holding gold, rather than a highbrow joke about the Kardashians, I think they'd cross over to the general masses better, rather than the young metropolitan demographic.

I'm thinking of transferring my wages into Tally. But they've got to convince me that they're serious about relisting this year first (documents, a market, a date, an agreement, etc).

https://mobile.twitter.com/tallymoney/status/1630206268605362176