Member Info for djwall1s

I will summarise this next part, he's wibbling on Q 2 relist (as per my suspicions) - because of the 'brutal' climate out there atm though he said it 'possible' with 'luck'. But that only August is bad for fundraising as 'it's dead in the City' that month. The rest of Q3 is not factored into that dead zone so I took that to mean he could aim at listing then. As ever, don't put the bunting out.

When asked about offering existing shareholders 'lock-in' warrants so as not to dump and run on an opening bell (assuming we ever hear one) he said he'd discuss it but no guarantees.

There were other questions on the tech, fees and platform stuff and it was pretty good, upbeat and shows progress on fundraising and ops.

That's all I got. As often happens on these forums, there's no point firing any huffy accusations for him at me in a rhetorical way that I just can't answer. Like others, I'm just a messenger with a copy and paste function. Feel free to sign up to the Tally forum if you want to take part in Q and A. He's at least kept going with them and it appears as if it will continue in that manner.

On LSE IPO choice:

"There is more credibility and trust for consumers, along with brand and product awareness that comes with being listed on the LSE. And Aquis being a junior market has always struggled for liquidity and I want to ensure there is plenty of liquidity for long standing shareholders wanting to sell down, in whole or in part, once we’ve IPO’d."

On IPO:

"We’ve met with our auditors to schedule their work to commence in late April, using 31 March as the pro forma balance date. IPO’s can cost upwards of £500k but some of that is performance based i.e. commission paid to brokers who raise money. There are some fixed costs that get paid whether or not the IPO is successful but it’s half that amount. This work is not funded yet as we’ve been focusing our resources on completing our tech platform and customer acquisition. But that’s why we’re still in the midst of the pre-IPO."

"The pre-IPO has been done at 3p and we’ve raised now over £1.5m."

Q: OK to that which shall not be named. I see TAP successfully listed on Aquis markets with a 30m MC.

Love the app. It seems to be going very well, what is it specifically that makes you so keen on an LSE listing?

We seem to be struggling or taking a long time to be completing the pre-IPO raise I note.

A: I don’t have any further information I can provide, beyond what is in the public domain - the main one being an article stating that Flutterwave were considering acquiring them. Regarding my loan with the Company, the net proceeds of sale of my personal Railsbank shares will go to reduce my loan balance with Tally Central Ltd. It is unlikely to repay the full amount, which I am due to repay over the 4-yr term of the loan and on which I pay monthly interest in the interim.

cameron-tally

Good evening all fellow shareholders (and fellow customers to those that are).
Time continues to march on as we near the end of Feb. This first quarter of 2023 we needed to keep growing active customer numbers and increase the amount of Tally In Circulation, which we’ve been doing, and continue our pre-IPO capital raising to fund growth. Our engineers and UX team have been working hard to complete the integration of TECO and update the performance and look and feel of the app by end of Q1. Members of our team visited our cards manufacturer in Hereford this month to decide final production items and we’re on track to release our new debit cards campaign by the end of next month, and at the end of March (or shortly after) we’ll also be able to bring on SME accounts. Another important objective of this quarter was to convert (via sale) our mining interests to listed securities and I’m pleased to report that the BSE regulator has confirmed the share-swap deal on our Indian mining interests, which is scheduled to complete by March 9th.

On a marketing note, you may have seen some of the staff videos we’ve put out. It’s great to see members of the team participate in those. I was asked if Christine in our team, who has an Australian accent, is any relation and alas no she’s not. I do have a sister called Christine back in Australia but as you can imagine, there’s more than one Christine in the world with an Australian accent.

I look forward to discussing your queries this evening.

dickie, I hate to tell you but the Fraud Squad has had 5 years to look into this. We're a tiny ex-AIM company at the **** end of the WTF? that they, and thd FCA, are just not interested in. They're after big fish. And by the very fact we are still an active company covered by some form of regulation means Tally is on the radar of nobody.

CP can argue that he's done nothing wrong and is bringing this back to market bit by bit. I've known other AIM directors get away with allsorts and it never makes a ripple with the authorities, investors just lose their money.

We have a slim chance this will get back to market despite his compulsive terror of listing. But that's all we've got. Don't imagine or expect help from thd relevant authorities if this goes belly up.

Shareholder concerns aside, Tally has overwhelmingly good reviews on Trustpilot. And I've always liked the product itself. But could it be more useful than we currently realise in terms of choice?

I single out the below review because I think as concerns grow about just how much influence organisations like the WEF, UN and WHO are infiltrating govts (and there's no doubt they are), the last paragraph of this review makes more impact, on me at least. Digital money and CBDCs are definitely heading our way, with the Treasury ushering it in openly.

'So far the experience is bright, the future might possibly be Tally…

So far the experience has been excellent - good comms from company, solid ethos, and ease of use.

I will know more when in possession of my Tally card and intend to use it abroad, referring to the spot price of gold rather than the fiat money exchange rate we are all so beholden to.

The idea is sound and if the execution perseveres then perhaps in a CBDC world where social credit becomes the norm, Tally offers those who reject totalitarianism an alternative path - and that gives me hope for mine and my children’s future.'

Date of experience: 12 February 2023

https://uk.trustpilot.com/review/tallymoney.com?utm_medium=trustbox&utm_source=Mini

One or two known offenders for carp poop themselves. They buy these shares, expect instant riches as if it's the 80s oil boom all over again (it hasn't been for over a decade) , and then flood the forum with the kind of tantrums a 6-year-old would be proud of.

Gas and oil take time. This will be years in the making and one to buy and hold. If you bought too many thinking Pensacola was going to fly to the moon right this moment, and overplayed your hand, then you only have yourself to blame.

And by you I think we know who I'm referring to. This person does the same all over the place. Catastrophically over exposes themself then screams at the company nonstop.

I suspect so.

A move from Q3 to Q4 would be my bet. Don't forget. Q3 is 'holiday time' when there's no point listing because the execs are off skiing with the kids in August.

Your entire account is just filled with whinging, and you come off like some big toddler.

Just sell up if you're not happy. How many times can you repeat the same thing? Which basically = nothing.

I'm genuinely not being obstreporous on purpose but when Tally says this stuff... I feel like saying to them I'd put savings into Tally if they hadn't locked a wodge of it away unnecessarily for the last 5 years.

I don't think he has a clue of the stress he's caused. I often think of Applegarth. And yet I still think the product is a winner. I want it to succeed because it is good, and there's a place for it out there. But the savings I'd perhaps lie to put onto Tally I can't. And there's no end in sight.

One for the money, the fact you've given them your shareholding details means you will be able to access the Tally Community forum. Ask them to send you the link if you want to join. That's where CP does the monthly Q and As.

More YT Tally vids from the staff have popped up. Worth a watch. They all look like pretty happy bunnies. Just hope it bodes well for the company and ultimately, us. Still not many views though, they really need to push this concept out there. YouTube is a decent step beyond Twitter I'll say that, but the algorithm will hide this stuff if not enough likes, clicks, etc.

See, I disagree on this. The Tally concept is very relevant right now imo. Gold is one of the few things largely unaffected by fiat/economic chaos and it retains its shine regardless. The actual idea is a good one, and has appeal across multiple societies and wealth distributions. Furthermore it's easy to get your head around, and acts as a hedge against baskets of currencies and other commodities. My issue is that listing would work wonders for the company, it's free PR on steroids. The media would seek Tally out, they wouldn't have to keep creating endless adverts on Twitter that barely get any clicks. It's hived off in a tiny sector of the Internet. He's really done little to get it out there. That we are still actually all here and the company is standing is nothing short of a miracle tbh. But clearly they are able to keep going.

But imagine anyone else allowing a 'broker' to talk them out of IPO-ing for 6 more months. Unreal.

"Regarding growth, increasing revenues is key, so we’ doing that in Q1 but it may take most of Q2 to then have the business at a stage that makes it an appealing IPO (i.e. to attract new investment and successfully list)."

Well that's Q2 a total write off, as predicted. I bet he hasn't even started compiling the IPO brochure.

This all should have been done months ago but he's still always 'only just' getting round to starting to IPO. Forever moving it on a quarter. They need a new CEO now imo. He's run his course.

All Tally's vids on YT in link below. Might be worth subscribing or bookmarking to keep an eye on.

https://youtube.com/@tallymoney7102

https://youtu.be/JP1QDr31Yoo

Thanks to JonnyE on the Tally forum for finding this.

Kris says more vids to come.

Dave, I'm at a point where I don't care if we go on the Albanian Stock Exchange. Just list it, it will find its level and audience like all the rest.

He's made it almost so precious that it can never be let loose. Very strange mentality. And he's not doing himself any favours.

Thanks guys.

I'm sure I read on here, though haven't been able to track it down for verification, that after 5(?) years of being suspended shareholders lose the right to take legal recourse against a company? Or is that action can be taken as long as the company is trading? We are approaching 5 years now.

I would be so embarrassed if I headed up a company and kept it off market for 5 years whilst I tinkered with bits and pieces behind the scenes. The only glimmer is that his staff and himself takes shares to convert 'once its listed.' But this is dependent on the company brochure being ready to present to the LSE.

I haven't been to the last couple of Q and A sessions but do we know if he's started putting/put together the brochure/IPO docs yet?

ANA is on the Aquis Exchange (AQSE).

Many brokers deal with Aquis, Hargreaves Lansdown for example does.