Member Info for ma5k

On the contrary I sincerely believe it is rarely used and only then by companies that are genuinely teetering on the edge.

If you believe otherwise then please provide credible examples.

As I said, most companies provide a 'qualifying statement' of some sort, but a company will not state that there is doubt that it can 'continue as a going concern' unless that is absolutely the case.

Ignore it at your peril, but it is a black & white statement of genuine risk for all to see.

MajorThomas1 >> "I personally do not see this as very risky anymore"

While it is common for companies to qualify their announcements Orosur explicitly state...

"These material uncertainties may cast significant doubt upon the Company’s ability to realize its assets and discharge its liabilities in the normal course of business and accordingly the appropriateness of the use of accounting principles applicable to a going concern."

Could it be any higher risk?

Jeez Chilston sorry to hear that - I'm sure you were sitting on less than £10k loss not so long back & that was bad enough! ...Nearly £100 grand down on a single AIM share must be close to a record for a PI.

Really hope you get your miracle & recover at least some of that loss elsewhere if not here.

atb

chilston "you dont own what i own, have the financial clout that i do"

As far as I recall you own a shed load of consistently devaluing shares here and must surely be at least TEN GRAND down by now - hardly "financial clout" or reason to boast?

Mastercard won't 'pull out' of Tally because they're not investing anything... Tally is simply buying a service from them & in all likelihood they know little or nothing about Tally and have no reason to care as long as payments are made when due.

Good grief - At this rate I wouldn't be surprised to see this under a penny by the end of 2020!

If you have evidence then why not post it on the board for the benefit of everyone?

Deano - those banner ads typically only appear *AFTER* you've shown an interest in a particular product/service (through tracked past browsing activity) so likely won't reach anyone new!

Been a long time coming...

Testick

A much loved & highly respected true gentleman who will be greatly missed.

LordSnooty "made himself a 100 quid loss in less than 24 hours"

Better than a larger loss later?!

I suspect the only difference is the name Deano... They clearly wanted to distance themselves from Cryptos but I doubt anything significant has materially changed with either the currency or platform.

Sorry but emailing existing users and asking them to recommend it to friends seems a bit desperate and certainly not very professional - I do hope they have a backup marketing strategy

BA "I hope you dont put your money in Tally if downloads are under 1000."

If you search for "Tally" on either the android app store or google web search it doesn't come up... you need to search "TallyMoney" for a result... they need to make sure it is easy to find if they are going to get the numbers above a few hundred (I suspect most the current users are Lionsgold shareholders plus a few family/friends who have actively sought it out)... if someone hears about Tally and is interested it has to come near the top in a search for "Tally" imho - this is basic SEO (Search Engine Optimisation) and otherwise looks poor/amateurish.

They might not be aware of that quirk deano so might be worth reporting as a possible 'bug' so they can look into/sort it?

Folk who are currently using Tally are understandably delighted by the gains due to a rise in gold... interested to know how it would affect sentiment to see a similar fall & consequential loss - would they stick with it or withdraw their funds until the next rise?

Thanks Tro - I've put it in my diary!

The thing which I find most concerning is the bit in the terms & conditions that states that Tally Ltd remain the legal owners of the gold and hold it on behalf of customers... this seems to undermine the whole idea of Tally which is that it is simply an intermediary allowing customers to actually own physical gold rather than a string of ones & zeros that represent it.... there seems to be very little, if any, protection if Tally were to disappear & I'm not to sure CP's 'word for it' is much comfort?