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The economy is in melt down, people seriously worried about their finances, loss of earnings, loss of pensions, loss of money in the markets. News is full of financial disaster.. People stuck at home and glued to the TV social media, YouTube full of information about the economy, markets drying up, physical gold and silver being bought up left right and centre as a safety net causing physical shortages and delays. People are waking up to the massive debt based ponzi scheme of the financial system and will start to look for alternatives...
Tally.. Where are they? Who are they? Playing hide and seek for 3 years... Ok I give up, they win, can't find them.... Come out, come out, where ever you are!
Agreed, exactly my point but worded better :-)
Laura Ashley, the first company I've seen that has blamed coronavirus for its bankruptcy. This period will show a lot of business for what they are, poorly managed, over exposed to too much debt, reliant on cheap imports, drained of capital by those in control, totally reliant on new suckers pumping in cash to prop up a shell company for the benefit of the directors and shareholders, totally unsustainable and now it is being exposed.
Well managed, low or debt free businesses where the directors are not bleeding the company dry but actually working for it, for a reasonable and sustainable salary will weather this storm and come out the other end in far better shape with far less, debt backed, fake competition.
Unless the government steps in, magically creates infinite currency bails everyone out and hands the bill to the tax payer.
Haha.. That was funny... in fact, its the most expensive laugh I've ever had.
I'll just use my card and swap straight to physical, I just saw bullion by post has a high demand notification at the top of their site. I know physical isn't quite a liquid as tally but I don't like spending on tally not knowing if I'm in profit and by how much so I just leave it there. If the company is staying silent and not even using it's own forum anymore then I'd rather just hold it in physical.
TallyMoney Ltd is a company registered in England and Wales (company registration number 07089561) with its registered office address at Salisbury House, London Wall, London EC2M 5QQ
Joeian
That's what we've been hearing for over a year, marketing by definition can't be "behind the scenes" as no one can see it, it needs to be out there front and centre. What milestones, user numbers? Download numbers? Amount of money held by the users?
No one is going to download something they don't know about and won't come across by accident when looking for other banking or gold related apps, because they've hidden it and it doesn't show on the app store unless you search for it by name, user number and money held won't rise if no one new finds out about it and pi22ed off shareholders who make up the core users, pull funds out because tally have disappeared.
An interesting read...
https://www.lexology.com/library/detail.aspx?g=0a676e40-2eba-44b3-b08d-b35284e1e44b
b1gdeano
Well, quite... Maybe I should have put expertise in air quotes "" But I tend to look on the positive side of things, so assume they went through a few interviews and proved themselves before getting hired.
Nothing...
Let's see what's new...
I've not looked at their linkedin for quite a while, but having just looked through the people working there, CP and RH aside, based on the experience descriptions there appears to be a very good group of marketers, social networking experts, Google analytics and advertising experience, customer relations professionals and many other of the much needed skill sets... Based on all that paid for experience expertise I am now convinced more than ever they are actively NOT trying to promote this in any meaningful way. That is the only logical conclusion based on what skills are apparently available and what is being achieved or at least seen from where I'm sitting.
Relist and IPO aside... A simple response to a post on the forum would be a start, what's the point in having it if they just ignore everyone, answering takes minutes, maybe an idea of what they are working on as far as app updates if nothing else. Just letting us know they are all still alive and there once a week if nothing else.
No, they definitely are not for some reason.
Well if it's just a tax right off for them then this is a massive loss for me that'll be carried forward for a few years to offset gains elsewhere.
As far as tally..
What's happening, what are they working on, is there an update on the way and what's in it if there is..
It's really handy having a shareholders section on the forum.. Or it would be if they ever used it proactively.
The concept is brilliant and doesn't even compare to the only visible, currently available UK competition that is glint, which is horrible.
Feeding and growing this baby could pay dividends beyond the boards and our imagination and allow them to comfortably live a millionaire lifestyle.
Starving it for short term greed, in its infancy, will just kill it and allow someone else to do it better... just like untold other businesses.
This will be off the market for 3 years soon, thats over half a million salary that could have bought a lot of well targeted advertising and pushed us far ahead of where we are as far as user numbers and exposure. But as I've said before, I think they are consciously stunting uptake for some reason.
Flapping
No, don't get me wrong.. I am still 100% behind it and I still believe they are working hard behind the scenes and still believe they are working towards and will relist. I'm not impatient about the relist and would rather they didn't rush it. I see the app as the main priority as that's what will deliver everything else. It's just extremely frustrating to see how they neglect all avenues to promote and try to grow the app that cost basically nothing, but still aren't being done.
I have also experienced new businesses being used as a cash cow and drained of financial resources that could have been used far more effectively growing the business rather than hindering its growth due to lack of funds. My view would be to draw as little as possible from the business and use the money to build and grow it, , especially if I had income from elsewhere, once it reaches a point of growth and turnover further down the line and has reached a point that attracts attention and investors which I think this has the potential to do, then a bigger salary could be taken that doesn't hinder the business in its infancy. Some of that 175k could be paying full time developers rather than what appears to be an outside contracting company.
Unfortunately, if CP is pulling 3k a week salary they probably have ran out of funds. Shame he didn't pull 50k a year out, we could have had 2 more developers working on it with the money he's given to the tax man alone.
Dont worry stix, everyone who has a small interest in economics is buying gold right now even though tally is being hidden away from everyone... But we'll be advertising and listing in a year or two... Just as everyone is flooding out of safe haven assets like gold to pick up cheap shares :-D