Member Info for mikey9997

Any currency has negatives, there's more risk IMO holding money in FIAT, it may not fluctuate as much daily, but when fear resonates it tends to make "the bear jump from the window". Really it comes down to how much of your assets you trust with your governments decisions and how much you want backed by a physical asset (out of their hands). Tally is just a platform to enable you to use one storage and exchange assets as easily as any other currency. It's just giving choice, which is very healthy for any consumer.

They can relist in early 2020 for all I care. I'd rather we be able to demonstrate considerable value in our company at the IPO than have load of wingeing traders who didn't understand what they were buying jump out on an rushed re listing. Like I have said before, CP cares about shareholders (those that hold shares and want to see this product become a success) NOT share traders (those with little interest in the company and just want their liquidity back). I'm sorry to say I have little sympathy if you are the latter. Get this product on the map and then re-list the longer we wait the higher chances other investors that actually understand the product and potential here can scoop up the weak sellers following the IPO. The more the message gets out there, the more of those investors there will be.

I think that's roughly what bassguy was trying to say too.

We have a product that works well and has just been soft launched. CP has a duty to maintain shareholder value not to maintain share trader value, if you actually cared about and invested in this company because you wanted to see it do well then you would give it an oppertunity, not just bang on about relisting again and again. They've told us they will relist just like they told us the product will be launched. They've done one of them and for those that want to see this be a success, the more important one has been done first! Relist will be done soon enough, so let's get behind and bl00dy promote this thing rather than winging about having access to your beer tokens!

Just withdrew cash at the ATM in Croatia. Made sure I selected not to convert to GBP and the exchange rate was even better then the one on that google gave me! No fees and best exchange rate. Amazing!

Tally - Return to the Gold Standard.

There's so many to choose.

Tally - Gold in your bank account.

If you are investing in a pioneering AIM tech stock and you are not a glass half full person then I'm afraid you are going to get very frustrated very easily and should maybe consider different investments. We've taken one big step towards are goal today. Anything that's worth doing is worth doing well.

I emailed them about going to Croatia this week, Kai responded saying I wouldn't get blocked and reminding me to pay in local currency to avoid local bank charges. Also wishing me happy hols, quick response with a personal touch, liking this.

If I can just clarify my point, its great for us if we wanted to sell the India assets so that we can fund our primary business moving forward. Not sell Tally Ltd, we've only just started here :)

Very interesting links potter. It's nice to know that third party companies can see the significant value in the Geomysore company (an asset we also hold) and that those parties are considering buying those assets. Bodes well for Tally Ltd if we wanted to sell shortly, or hold on a bit longer whilst operations ramp up. Hopefully we can get some more information from this "Australian valuation expert" which would give us an idea as to the value of our India assets for free, maybe even helping with our IPO valuation when we come back to market. 6-8 it says so keep you eyes peeled :)

Absolutely. Very exciting technology. Railsbank "One of London's fastest growing fintech startups" and talking about needing a bigger boat on twitter. The foundations have been built, now lets watch Tally and Railsbank grow their unique partnership.

Best sell your shares to BigMJ and then go and invest in them then eh? Bye.

Got mine, I've got a formal event tomorrow night so very much looking forward to pulling out my Tally card from my Tux at the bar and saying "Do you accept Gold?". Have a great bank holiday everyone, lets get some testing done and then get behind this amazing product!

Picardy, so does that mean you are ignorant and have low IQ if this does come back to market this year? Simple question, yes or no.

I'm kinda getting embarassed for Picardy every time he shows has face on this BB with his misinformed rambling . Usually he gets shut down or called out on his BS within a few posts. Not sure what's keeping him here but fair play.

Jeez guys, CP has stated that the company will be relisted adter the product is released. A delay in the product release means a delay in relisting. It's not hard to understand.

We can but live in hope, as long as the company is a going concern. This share is very much a 'back of the draw' asset now. It could fade away into nothing, or one day in a few years time, you might see some of your cash back. Don't count on it though, just ask for updates every few months, not much point more often than that - live your life. Nice to hear Eric is up **** creek though.

Thats not what he said. It was that he hopes the amount of deveopment they are doing will be rewarded when they come back to market, which is what we all hope for! -very different.

I doubt it will take until July for release, I just want let them get it right first time. Added functionality on the app and making sure the cards are to spec all forms part of that. It's particularly frustrating for us because we don't get to see whats going on behind the scenes. I think CP has maybe overlooked the impact of 'not knowing what he knows' has on investors, but I also think that ultimately his descision to keep his hand very close to his chest will not be a bad thing when we eventually come back to market. I think he's trying to hold back the water as long as he can before he lets rip. As no one can buy or sell, all we can do at this stage is see what the response to the product is like after release. Remember the product will be generating revenues from launch, which is a bigger step than many AIM companies out there. We've got to get behind this when its released, whinging about the IPO is not going to help things. They have always stated the plan, release product and then IPO. Just chill, enjoy the bettering wearher and see what happens! GLA

I was thinking you wanted use Tally and hold the gold yourself! If you want to buy some gold and hold it yourself they why do it through the Tally product? Just buy some! You are complaining about something they don't currently offer! Order some bullion online and then put it under your matress. The whole point of Tally is to be able to transact and hold hold as you would with and other currency via the global banking network, not to just order it to your home address. I'm not saying this is not possible further down the line, but what you are asking for defeats the point of Tally! Like I said the gold is in the same place at the same time. All money is "pooled", you have an allocation of money based on a ledger the banks hold, and that they take the interest on but what you see on your bank accout looks like its your own designated bank account, its not. In this context, there is no pooled bank account, its a gold asset insured to the FULL value of the gold. Therefore the fact that anything could be "pooled" is a pointless debate, as long as the ledger is kept up to date and audited, everyone gets their full gold allcation back at the prevailing market rate in the event of company failure. The larger the holding, eventually the more viable the cost of storage and insuring, making the company larger profits, or allowing lower fees (again enticing more users).