Member Info for mikey9997

If its "pocket money" they why on earth are you here?
Sell your shares to BigMJ for 1p a share (which will obviously be a bargain for you if you think we wont relist) and do us all a favour...
People have big investments in here and have very little control over the situation. Only a horrible person would plant seeds of doubt whilst a share is delisted. It's pointless to debate but the product release is imminent (which is a good sign). And if the company is telling the truth about that, why lie about something else? You are the definition of a troll.

It's really looking very exciting to be locked in here. I've always based my technology investments based upon the scalability of products. This is really one of the most scalable products I have seen for a while. In the modern world, EVERYONE uses banking in their every day lives, we have global banking access on the Railsbank platform/Mastercard network. This means anyone in the world could hold gold and spend it as they would their normal FIAT currency without the risk of rapid inflation or financial crash. Imagine if we had released in Venezuela prior to their crisis, our product would have been a go-to for a stable full reserve currency, because the gold would just be converted
at the prevailing FX rate when the transaction happens. Huge numbers of people in the western world were impacted very negatively by the financial crisis in 2008, we can hedge against that with absolute ease! As the world seemingly becomes more unpredictable and global FIAT monetary cycles enevitably continue, we can be the Global go-to for times of economic insecurity and political uncertainty. I've always been brought up to expect the unexpected, this product allows you to prepare for the unexpected, with the ease of an everyday use banking app. Good luck everyone! Things take time but I honestly believe we are at the start of something great here.

We get our fees from holding so I'd rather them hold than spend lol. Although the PR would be beneficial :)

You know they have stated on twitter that release will be early April, right? I think we will have news on IPO by end of April.

Welll atleast First Equity are becoming a successful business, Doubled turnover last year and became profitable, looking at their annual accounts. I'd rather have a CEO have a track record of running a successful business than not. But as you say he should have all his focus on Tally right now, which I am sure he is aware of.

Firstly, we are releasing a product to the public in early April 2019. The product release should be the focus only at that time! Why should the company spend time and resources on convincing investors they should invest at an investor forum when they won't be able to until summer! Secondly, Railsbank were at the Paris Fintech forum, we are a customer and a shareholder of Railsbank and we are using their platform. Although it would have been reasonably productive to go I think we should be only be focusing on the product release and marketting on the last few weeks and months leading up to it. We are now at the tail end of that period and once released, I fully expect CP to be shouting from the rooftops and attending every available corporate presentation and forum oppertunity that comes his way.

Funding is part of it but as CP has already said and as Ralph Hazell says in his book. The whole concept behind Tally is that people can benefit from the digital gold aspect but also by the fact that people can invest and be part of the success of the company/platform that has created the currency, it has to go full circle as a publicly owned company otherwise it gets to the point where it becomes a monopoly. We want a sustainable currency that distributes equal measures of a tangible asset, produced by a company that anyone can buy a share in and benefit from. The concept makes sense Picardy, it somehow seems to delude you however. Yet another unresearched, misinformed post from you.

Just a bit of clarification, Tally is really a competitor currency which offers banking services, not directly a bank. As far as I am aware there is no intention for lending services to be provided as this defeats the purposes of a 100% reserve curency. Tally is looking a lot more professional, functional and scalable than any other similar company (namely Glint) on the market. Seriously exciting times here, if people can put value behind bitcoin (with no real asset backed value) then surely they can back a currency tide directly to gold. Looking forward to Global release, which is only a matter of time given the services the Raiksbank platform provides.

£90 fees for 10k tally
£900 fees for 100k tally etc. I think we can expect some big numbers here. Those wanting to secure their cash funds and still be able to use them with 100% insured asset. The potential is huge for things like pensions too, having your cash pension pot in Tally insured to 100% of its value. For those who want to de-risk a proportion of their pension without putting it all in shares or the property market. So much potential for every aspect of tally, without even the eventual diversification into other commodities. Great website, a little more patience for product full release, exciting times!

You can buy gold quite easily but often its a derivative or share of some gikd somewhere. This is gold owned directly by YOU, in an insured vault (up to the total value of the gold!) I.e. if Tally went bust we get all of our money back at the prevailing rate. Better than the £80,000 protection the banks offer

Tally is a regulated e currency backed by gold (a commodity) stored in a vault which is insured to the full value of the gold. Bluewallet has nothing to do with physical direct ownership of a commodity, its a 'lightnight fast' wallet of an unregulated non-asset backed cryptocurrency. KYC is an important part of any regulated banking product, it prevents Money Laundering and means accountability. Which means any country or organisation can adopt it with piece of mind they are not aiding /facilitating criminals. On your bike pal.

A classic case of: do your research before you post or you look like a tool. Very exciting here and not much anyone can say will change that for me. We've built a hard alternative digital gold currency, with global stability and in an uncertain economic climate. I'll repeat, Product first, IPO after. We want to create value in the shares!

Product first, relisting after. I wouldn't expect the board to prioritise in any other way. Whinging about your liquidity won't change anything. Lets get behind and promote the product, not criticise every move the company makes. We are heading in the right direction, I'd rather have a ripe fruit than a sour one!

Update- Is that update good enough for you? Warrants Excersised. Full release by later next month. Expecting big things now.
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/other/13974400.html

I honestly think that they think this will be so big they need to keep their hands close to their chest right up until release. Not to give any competator an advantage. When you read Ralph Hazell's book he makes direct comparisons between the advantages of Bitcoin against Tally. (They are not the same ig anyone thinks that I am saying that! )But I'd be happy with Bitcoins MCap right now. Ralph said cards will be issued in March / April with release. Tally receiving the cards doesn't mean the cards will have been issued by the end of feb. gla

You don't need to hope. Ralph Hazell has told me the cards, when issued, will have contactless available.

I emailed Ralph Hazell and he says the cards will be issued in March/April. Presumably coinciding with the full release. As already stated, Samsung/Apple/Googlepay availability should be released later this year.

The decentralised renaissance - Ralph Hazell

Agreed stix! 40 pages in and I'm hooked. I'll finish it tongit :)

The purpose of the card is that you can spend your physical gold without carrying a bar of bullion to your local and trying to shave off a piece to pay for your pint. Whether using the card as a daily 'go to' is another question all together, of course it comes down to the compromise between the transaction charges and your belief in gold as a long term investment (as FIAT currencies are too btw). I'm sure there have been considerations into this but we just don't know how this will all stack up quite yet. GLA