Member Info for mikey9997

Again BA, fair enough.
I think it might just be our views on CP that differ. We all know the uncertainty that comes with investing on aim.

In my view CP is probably focussing things which haven't come to light yet, mainly the IPO and hopefully getting corporate investors involved. No one has done this before. Looking at what has been built so far, platform really is likely to get some interest once word gets out and people understand its capabilities for protecting value in uncertain times for everyday people. It will take time for understanding to filter through and that's best done by word of mouth.

I like your IKEA analogy, I see it like we have built a huge store that's capable of selling lots of things for different reasons, but no-one knows it's IKEA yet. It's a big store and that only the people who've been inside can explain what's in there to people on the outside and why it's so good. But once people have walked through the door - they can never blooming get out! (because it's so good ?!)

Let's just see what the most recent developments are and go from there.

All the best.

That's fair enough. And by all means sell up when we relist if you want. No one is trying to stop you. Everyone has their plans and motives.

My posts are largely to those whom are excited by the technology and what the company has the potential of becoming as an alterntive international currency.

BA. No offence but I really don't understand your posts sometimes.

The company did not choose to be suspended, BigMJ got on board during suspension/delisting exercising alot of warrants which to me suggests he is confident in the product. CP has also invested his money here.

Yes, it is an "Initial Public Offering". The company that was suspended from AIM last year has completely changed it's business and the platform on which to generate revenues has already been built. You are looking very short term on this as why would the company spend so long develping a VERY scaleable platform for an alteenative currency, just to sell it out to big dog for price the company was valued at before being suspended?! We would also hope that the IPO price will be at a premium to the price we suspended at.

I think you are probably frustrated, as many are, at the time things have taken. I'm sorry to say this is the business we are in now. Everything needs to be trailed and tested and tested again to ensure the product is properly capable of what it says it can be. I wouldn't expect any less.

Frustrating as it is, I don't think they have got things too far wrong in terms of the approach to the product (you don't try to run before you can walk) but certainly could have managed the corporate side better.

If you think about it, CP is having to relist based on a revolutionary new gold banking product and a prospecting/mining company! Any exemples of other companies that have done that before? As mentioned here before, if the Geomysore merger with Deccan Gold goes ahead then we may be able to sell shares in Deccan on the open market. Which could give a big cash injection to market Tally once all the new functionality is released. TBH I would rather relist without the India asset as to avoid is getting suspended again when the mining aspect of the company is sold (hopefully).

Basically, things take time in both of these sectors. Doesn't mean that they are not working hard in the backgroud to sort this all out. I certainly don't expect to hear every week on what CP had for tea. But an update is on the way in the next week or so, so lets just wait and see what that says before you start throwing defamatory comments about.
Enjoy your weekend.

"Also IPO doesnt mean we are getting relisted LOL"

Yes, LOL. What the hell do you think it means?

I don't understand anything you just wrote. Coherent sentences please.

It's not just about numbers though is it. It's about getting a product which retains users. If it's not extremely functional then users may not be willing to stay long term. Get the processes automated and functionality right early on is also important. Then when we start plugging properly for a lot more users, the customer experience is much smoother and retention is higher. Positive customer outcomes are invaluble for a small business these days, especially a finance/tech ones. In the same way, strong foundations help a large building stay up. If we can last a while longer to hone the product/processes before a substantial raise then why not do it? A few more months after this long is no sweat off my back.

I agree, with my added point, Glint is cr@p though ;)

Yeah exactly, I encourge everyone to ask questions and scrutinise the system. There are limitations to any product or service, I've said it before, Tally is just offering a choice, it doesn't need to rule the world, just needs to be known as an alternative for its various considerable advantages in certain situations (as mentioned below). Scalability of this product and none reliance on government subsidy or involvement has always been my excitment here. Some may feel uncomfortable initially but confidence grows with users and the more users the more measures can be taken to dampen people's fears. We don't need to be blockchain (Bitcoin) because we have two things to audit, the gold and ledgers, if one doesn't match the other then we know it must be corrected before further transactions can take place, and it's just the allocation of the gold that needs to change. Immutable Gold, operating within the somewhat flawed global banking network for the time being, but also tradeable directly between Tally owners on a large scale ultimately. Very exciting.

If you are a large cash business which needs the security of knowing you will get 100% of your cash back if the vault was raided (e.g), or 99% of your cash back if the platform company went bust. When you have 10's of Millions of pounds in a single bank account that would only receive 85k from the FSCS in the event of a retail bank default, I'd say that's a pretty big perk for Tally ;)

I'd love to be gold-caked. I'd probably die though.

Nigel Verdon on twitter "Watch out for some amazing announcements re: @railsbank and SE Asia very soon"

BigMJ replies: "Exciting times ahead Nigel"

I'll take a page out of Picardy's book today - Happy weekend everyone. =)

Flapin - Yeah I took it upon myself to answer twitter queries, it was a Sunday and I knew there would be questions without answers on a weekend. We all have a responsibility to promote and spread the word of Tally IMO

Yeah I'll be watching, should be a good laugh.

Indeed. If share swap goes ahead we should be able to sell our shares in Deccan on the open market as/when required and use the cash to market Tally big time! Happy to wait for this all to come to fruition whilst others are locked out ;)

If you look at the last RNS. What of that suggests that Tally isn't progressing. Yet again, there is confusion between Tally progressing as a product and what a lot of people think is progression i.e. them getting closer to getting their cash investment back. By all means vent your frustration, but my point is that people should do it via the right channels i.e. by email to corporate or by phone. NOT by posting all over the Tally products social media. I don't care if you whinge to CP, but do it in a way that is not detrimental to the product and therefore mine and everyone's investments.

If you remeber deano within the context at the time. Everyone was saying the product would never launch and the company never relist. Meaning the value of our shares would be ZERO. The point he was making was, if things are so dire, here's some money for your "worthless" shares. He'll snap them up for a bargain price. Why reward someone with no belief in the company with a higher share price offer? I don't see many people trying to take BigMJ on his offer now we've launched?

To think we are going to get an update every few weeks is madness. Stop wasting your own and Tally employees time asking questions you know they can't answer. We've just released a product and will shortly be ramping up marketing. I wouldn't expect anything other than the company focussing on the success of the business. Being a plublic has always been a part of the concept of Tally (The currency plarform with a publicly traded company that you can have a share of) but you have to pick your battles and I think getting the product fine tuned and marketed sufficiently is the first battle, the relisting will hopefully run somewhat concurrently but should be finalised after.

My second thought being, as the ball is entirely in CP's court, why on earth would you nag and question his integrity at the risk of him thinking "you know what I'll just keep this this thing private," If the company could survive private and get external funding then he could do just that. Why are you shooting yourself in the foot, all you have to do is wait and promote the product. Then there is a good outcome for everyone.

Just let them get on with it and stop your moaning. Your investment, your risk. Live with it.

We can relist next year for all I care. Aslong as we have enough funds to keep us going. Now we are released, the longer we wait the better. Anyone posting crud on twitter is a moron with no understanding of how damaging it is for their investment. Frankly, I don't care what negative spin anyone puts on this. WE HAVE A PRODUCT THAT WORKS WELL AND IT HAS BEEN MADE CLEAR THERE IS AN INTENTION TO RELIST. That's good enough for me for the time being. Organic growth followed by focussed marketting once you have experience and proceedures in place to deal with the problems that crop up. That's how CP has done it. Keep spreading the word, built it and they will come.

Anyone messaging the Tally product via Twitter and is a shareholder is shooting themself in the foot. The people responsible for maintaining the Tally Twitter profile does not have knowledge on the relisting. Secondly, the companies intention is to ramp up interest slowly initially. The way you get good longstanding customers is usually when they can see other customers which have had a good experience of the product, not when they can see a company swamped with customers that doesn't have the proceedures and policies in place to deal with them. Tally is a completely new business and a completely new concept. We've soft released now so just sit back and let things run their course. The longer we can survive and gain interest without the need for an IPO, the better the outcome of the IPO for shareholders when it happens.

Calm Down.

Picardy, WHEN this re-lists, or if you won't acknowledge that, if. Will you spare this BB of your posts?

If not, what will be your next gripe? Presumably any phantom shares you have you can sell up and get lost?