Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We'll take a slice of that cake.
https://www.cityam.com/british-tech-tops-global-growth-for-venture-capital-investment/
I think that's just the pooled account and funds are transferred over using the Tally ID as a reference.
Yea that's right, I'm not sure why I put, we had individual accounts. I know we don't at the moment that's why it's a slow process depositing funds but we will have......... eventually .??
Ralph also said that it would be possible to deposit from other accounts, besides the users main account, would just need to prove the identity for KYC / AML bulls>it
So it would be possible to deposit from current account and business account for example, which would be handy.
Or this one
https://community.tallymoney.com/t/product-q-a-on-11th-december-7pm-8pm/344/30
b1
The conversation relating to the individual accounts is in this chat, Its Ralph that's answering.
I think this link will get you there.
https://community.tallymoney.com/u/ralphhazell
We do have individual account numbers and sort codes as well as IBAN, Ralph did answer a question on one of the Q&A's when he said the individual accounts were going to be used for the faster payments network which will be on V2, there is currently a pooled fiat account that is then manually transferred to an individual account when converted to gold. V2 should be a transfer straight to our individual account and sort code and converted straight to gold automatically. I'm assuming this is the sticking point as they have to integrate it into the system, of which they are not a bank.
It can't be far off surely, although they have been saying that since mid october
Nearly 11 months since the release of the beta app V1, V2 would have been started before or straight after the test V1 so it's been in development for 8 months and being bug tested for 3 months..
It would have been better if directors had taken far less salary and employed 2 full time developers in house rather that what appears to be part time subcontractors working on it when they can fit it in.
The 3 years exclusivity with railsbank will be up soon and we still don't have a mainstream product, no beta testers have been used and no general feedback has been given as to what people hope/expect the V2 app needs to make it a winning product.
Fingers crossed this V2 has far more features than have been teased as adding others based on user feedback once released would take another year based on current and past performance.
Lack of communication, updates and information about what is being added to the new version is killing the initial interest and excitement around the product, it's to late to worry about giving away features to competitors as they are already way ahead and improving their own product.
I must admit, in all my years in business and of all the other business people I've been in contact with over the years... Not one of them, or myself would ever refer to ourselves as freelance.. It's just not a thing to say and would never enter the head of a business person, it would only be said by a freelance person.
"My 10 million is gone I feel. I’ve come to terms with that."
I'm pretty sure HMRC wouldn't allow you to offset a loss just because you FEEL they have gone, surely you had to prove they had gone, no.? How did you prove the shares were worthless in this company you still expect to do very well privately, which you would presumably still hold shares in, which would rise in value...?
I'm still extremely curious how you managed to do this.
As predictable as ever, I saw that auto correct but left it in there knowing you'd use it as an excuse to reply in your usual manner rather than posting something useful.
Predictable and clueless Pic, the only accountant that doesn't understand company hierarchy and share ownership. Well, you do now...
You're welcome,
Jonny
Pic, I appreciate you are at the top of your field in the accountancy field, but you should listen when someone is helping and education you.
The fact that you know you own shares in lionsgold is probably why you are constantly negative, you don't understand the company. Lionsgold doesn't exist, lionsgold limited is now Tally ltd. Tally Ltd own Tallymoney ltd. Which is the company that has the app and currency Tally.
You own shares (or say you do) in Tally ltd. Which is the parent company that owns everything else.
This is basic stuff that you need to get your head around chap.
All the best
Jonny
Lionsgold ltd was renamed Tally ltd
Tally ltd own tallymoney, shares in railsbank and everything else.
Haha.. That's hilarious.
I do hope you're not still going with the forensic accountant story Pic, how many times have I told you not to open your mouth and prove a fact, just let people think it.
I'm not sure why people are concerned about a few comments on here, anyone that's used to pics cut and paste posts is already aware he/she has been proven beyond doubt to be a liar and fantasist.. all other personality traits are his problem not ours, both pic and that rodson kid clearly have mental issues, that's just obvious.
That aside, whatever they post or anyone else including me is pretty much irrelevant in the great scheme of things, it's a tiny amount of people that read this or any board regarding tally at this point. No one I've referred to tally has ever mentioned it, users aren't and won't generally be share holders and the shares aren't trading anyway so only existing holders are going to be here (mostly).
Just post what you want to post and read what you want to read knowing that there's probably only a small handful seeing it. Treat the antisocial/mentally ill as you would if you heard them in a pub... Just avoid and ignore the same as any normal person would.
Tally is both good and exciting.. and rubbish and frustrating at the same time.. We'll just have to wait to see which path it takes over the next few months, everyone has the same info and knows as much as the next person... everything else is just someones opinion.
Live
There have been many questions and answers by the company I've not seen on here, plus you'll get the chance to ask them anything you like in the live Q&A, once a month for shareholders only and once a month for everyone.
You may have heard that we've been working hard on a new version of the Tally app, App 2.0. As a valued Tally customer, you will notice this has a new design to reduce friction-points in the customer journey and enhance the customer experience. All current functionality will be maintained and some new features added, with an improved underlying framework for ongoing product development.
We had hoped to release this new version of the app by the end of this month, but our rigorous testing means we need another couple of weeks before it will meet our standards for release. We appreciate this is disappointing (for us too!), and we are doing all we can to get this out before Christmas.
We have also created a new website to support this new app. This will go live by the end of next week and will include screenshots that will give you a sneak peek of how things will soon look.
We thank you for your ongoing support. If you have any feedback on the app or product development please do join the Tally community as all feedback is welcome.
Team Tally
I agree they want to and are improving the app and, there's never been a cheaper time to borrow and they should have done so, to develop the app. I also agree they should liquidate everything and concentrate on tally, that would have paid down the loan.
But they do need a feature rich bug free app as that's all anyone will be interested in with crowdfunding. Relisting is not a priority for me either, it's the app, it's good as it is but not good enough and not quite as smooth as it was on day one.
Big investors will look behind the scenes to the company and potential, jo public on crowdfunding will look at the product and that is the app, they won't be thinking so much about hidden potential of future features that aren't there or cost savings of global transfers but the advantageous usages of the features it already has that they can see and use.
The fx fees will be taken up by all banks, it was another easy way to rip people off for easy money but as soon as the new wave of banks entered the game it forced the old banks to change. I can't believe natwest has now basically copied the likes of monzo and starling by releasing bo, they are now playing catch up as they're losing market share to the new fintech banks.... Things are finally changing, and for the better for everyone, except the legacy banks
There are a lot of gold backed cryptocurrencies around and have been for at least 3 years, i think tally did the right thing moving away from crypto, although i didnt think so at the time.
You are right BA, the ease of transfer of funds without the fees or involvement from swift and the like is definitely a massive point, I have suggested ideas to tally based on this usage soon after the beta app came out.
It's all about an easy to use, simple but feature rich app experience. I'm disappointed they haven't been pumping out numerous updates to the original beta testers to give feedback on the V2, I just hope they have made changes to various simple but annoying things.