The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I wish I had a short position on this
Ohh comes on guys wake up and smell the coffee!
It doesn matter if they are taking 50,000 users per day, there was a million pound cash grant to list and gold was the most poplar thing on the planet cp and gang would still not put us back on market. This is just an exercise to cover up what has gone before and we are going through the motions to make what has happend unable to be legally investigated.
Why are his comments even discussed as though they have any substance at all.
Had meetings with brokers for advise.....he is a broker for christ sake.
Bigmj is part of this his line will not change, same as myles mcnulty.
Cp has said on tape "who puts 90k into micro cap company in reality that certainly isnt paying any dividends" do you really think his mates have give him that sort of money and are just sat hoping like we are.
We all should have stood together and took action last year if everyone wanted their money bk or to put the Company on market. 2 years from now everyone will be stone wall faced with the fact that their money has gone and have been played all this time by cp and gang.
Hello mr dj, Malicious cretinous smurf lol very interesting how your quite willing to be rude to other shareholders who have took nothing from you, have not insulted you, and have not affected your investment at all, based on sharing their opinion, which as a matter of FACT have been more accurate this far. however you view it highly unacceptable to be rude to someone who has took your money, who has mislead you, who continues to and is also affecting your investment, but each to their own!
Unfortunately for you as another matter of fact you are wrong in your assessment of me I'm banned from nowhere I've not raised my head anywhere other than here and i can participate on the community if i so wish to. However you are more than welcome to "hold on to that chink of light" that i am if that's how you get your kicks.
As far as I'm concerned it's people like you who are trashing my investment.
Jesus christ all incredibly positive!!!! Cameron on good form!!!! no rudeness!!!!!
There's nothing concrete about anything.
No numbers
No dates
No results
No outcomes
No consequences to failed targets
No nothing
It's the same old plans and targets session which draws in the same culprits to believe in the tooth fairy.
Very ambitious slug
Who who would want to be out of this over the weekend lol
Question - cameron what do think of a compilation of ipo related statements from the past four years showing how many times the goal post have moved?
Cp - "firstly it's no news as I'm well aware of what I've put in the rns's over the years and they are accurate at the time of writing.
Secondly the person who put it together clearly has nothing better to do than regurgitate what is already out there for everyone to see and is just trying to trash everyone's investment.
Thirdly - from a misleading perspective I've always been clear that although we are working hard to achieve our targets that it is no guarantee of success. It is not a crime to try and fail rightly or wrongly.
Fourth and final point - I think it shows the amount of obstacles, twist and turns we have had to navigate to be able to build the worlds first "teco" monetary system and be proud of how far we have come and hopefully once we relist all this will be relised with huge value to our shareholders and they can be proud be part of this epic journey".
Que the "likes" and "well done Cameron" "keep up the good work looking good here"
The interesting thing is there's a bigger compilation of horse s**t from the community aswell. The evidence from the normal shareholder point of view is overwhelming. I genuinely find It fascinating how shareholders defend the practises that have blatantly happened this far without having to look deeper.
As for sleeping at night, they will sleep like a baby for the time being I guarantee.
Mj's last visit on the community almost 2 years ago, how interested do you think he is in tally and his so called massive investment.
ate, the Company's plan to IPO in the second half of this year.
30 June 2021
Our crowdfunding strategy was deferred last quarter as we look to align that with the Company's planned IPO
We are targeting an IPO that would see us make application for listing the Company's shares on the London Stock Exchange Main Market in December 2021. We haven't spoken of timelines to listing the Company's shares over the last 18 months, but given we're now at the end of our financial year and can proceed with our auditors to prepare audited accounts for Tally's IPO prospectus
30th sep 2021
As stated in last quarter's update, it is the Company's IPO strategy to Standard List on the LSE Main Market. The board believes there are advantages to listing on the London Stock Exchange for Tally's industry presence and positioning as well as for shareholder value and trading liquidity. In light of the FCA's intention to use Q4 to formalise a new minimum market cap for main market IPOs, which final figure may have implications for the market Tally Ltd decides to list on, the Company shall adjust its Q4 IPO plans by a quarter
31st Dec 2021
in December the FCA announced the minimum would be £30 million (for reference: https://www.fca.org.uk/news/press-releases/fca-confirms-new-listing-rules-boost-growth-and-innovation). This was at the top end of our range of expectation and provides us with a challenging but achievable goal for listing the Company on the London Stock Exchange in coming months, albeit that it may push the date of listing in to the second quarter of 2022 to satisfy that valuation requirement. In any case, I can now confirm the LSE is our desired market and this is the market we're targeting to list the Company on.
1st April 2022
Preparatory work for the Company's IPO commenced in Q1. From various planning meetings it is apparent that a definitive timeline to listing can not yet be given as all of the above workstreams dovetail into the Company demonstrating a value that exceeds the LSE's minimum main market valuation requirements. The Board and I, like all shareholders, are champing at the bit to see the Company listed and utilise exposure as a publicly traded company to increase Tally's brand presence and product awareness. I eagerly look forward to having more definitive information to provide Shareholders on all fronts in our next update.
02 September 2019 RNS
Following a review of key milestones to support a successful market listing, it is sensible to have available 6 full months of customer activity metrics and market segmentation learnings. Allowing for the corporate, legal and financial work that would then follow, to produce a public offer document, and carrying out the Company’s Initial Public Offering (“IPO”) investor roadshow with a view to raising in excess of £5m, the revised target to see TALLY’s shares trading on the London Stock Exchange is by 11 May 2020.
· Due to the revised timeline to IPO, the Company is considering a crowdfunding campaign in late 2019, to increase brand and product awareness, raise funds and add new customers.
22nd November 2019 RNS
And whilst there are regular twists and turns to adapt to as we grow as a business, Tally’s corporate objective of achieving a successful IPO by 11 May 2020 remains on track.
2nd January 2020 RNS
We are focused on delivering App 2.0 as soon as practicable as this is a key milestone for the business growth strategy and corporate objectives, including the crowdfunding and IPO planned for 2020. Following release of App 2.0 we’ll be able to release updated timelines for the year.
30th March 2020 RNS
• TALLY realistically needs at least six months of customer acquisition and activity metrics with App 2.0 to build the investment proposition for its IPO.
• In the interim, TALLY plans to conduct a pre-IPO funding round to be completed by mid-year to allocate primarily to a marketing and communications program to grow customer numbers and increase customer activity.
• Following completion of the interim funding and suitable business growth, in Q4 TALLY will be able to review product usage metrics and assess the stock market and investment climate at the time, and determine when best to commence work to raise funds as part of an Initial Public Offering (IPO).
• If Q4 is not deemed appropriate for TALLY to proceed with its IPO plans then the Company shall endeavour to provide current shareholders with some form of a secondary private market for buying or selling TALLY shares, to satisfy the appetite for existing shareholders wishing to divest or increase their shareholding.
31st Dec 2020
For Tally, 2021 is full of expectation, from product development and crowdfunding, to increasing customers and business growth, to making tally® available in other jurisdiction(s) and completing an IPO as part of our mission for the democratisation of money
31st March 2021
Tally in a strong position to achieve several milestones next quarter, including the crowdfunding campaign to go live next month, release of our upgraded pricing model for B2C customers, board expansion, updated branding, and developing our internal ledger architecture and B2B technology platform.
The Board and I are committed to progressing the Company to a successful IPO and we expect to provide in the end of Q2 upda
11th may 2018 RNS
Lionsgold shall work with its advisers on the preparation of an AIM admission document and the process required for readmission to trading of its shares.
Lionsgold’s ordinary shares will remain suspended until the Company fully complies with Rule 14. This process is expected to take three to four months to complete.
2nd July 2018 RNS
Lionsgold has also been progressing with work related to seeing LION shares readmitted to trading in the coming months, as we continue to expand our organisation and business plan, and look forward to making further announcements in this regard.
21st august 2018 RNS
Lionsgold continues to work with its advisers on the process required for readmission to trading on AIM of its ordinary shares. The Directors now expect that the readmission process will be completed in the fourth quarter of this calendar year instead of late Q3, 2018. Further updates will be provided in due course.
19th October 2018 RNS
With regards to the re-admission to trading of Lionsgold’s ordinary shares, we are working with our advisers toward the outcome of seeing the Company’s shares being quoted once again on AIM. Due to the time necessary to evolve our core business, the readmission process will not be completed by 11 November 2018. As a result, in accordance with Rule 41 of the AIM Rules for Companies, the admission of Lionsgold’s shares to trading on AIM will be cancelled with effect from 12 November 2018.
The Board remains committed to restoring the Company’s shares to being quoted on AIM and is targeting a date in Q1 2019 for readmission. The Board apologises for the lack of liquidity for shareholders in the interim.
9th November 2018 RNS
And finally, we wish to reassure all shareholders of our complete commitment to see the Company make application to recommencing trading of its shares on AIM in Q1 2019."
19th February 2019 RNS
The admission process shall re-commence following the public release of TallyTM and therefore the board anticipates the Company"s shares will recommence trading in the summer.
10th June 2019 RNS
we shall be updating shareholders in due course on those fronts, along with other activities in the lead up to the Company"s planned listing later this year. The immediate next stage regarding Tally® is to further fine tune our processes with a larger customer base, before an official press launch as we focus on increasing users and spreading the message of Tally®."
It's interesting to watch shareholders one by one waking up and seeing what is blatantly obvious now more than ever and how everyone seems to have there own line of when to call this long con for what it's is.
It's not amazing how they get away with it really when most of the victims stay quiet, some actively support them,
Those that say its a con get called this that and the other and any factual disscusions surpressed, and then there's those who keep giving him one last chance every quarter for the last nearly 4 years.
We have all had a chance not to ruin the buisness or close it down but to boot out the underperforming board and replace. but for the reasons above it will never happen and they know that. Its now a stroll to the line to cover there tracks it's as simple as that. Or so they think!
BB given what's gone before I will not praise him for what could be another trick pulled from his hat, we are where we are because of cp. I will look back in here in August when I bet we still aren't listed. Until the gla.
Absolutely slug I would much prefer a main market list,
However it would be good to get confirmation from a seedrs representative that the board corresponded with that it wasn't a load of tosh we where being fed for months on end and the communications extended beyond one letter of interest from tally.
B1 Yes granted he has to pay the interest, 26k p.a round figures. Worst case scenario deduct that from his last disclosed salary of 124k p.a from tally and do you think he'll feel that pinch? Or with a few clicks of the mouse that 26k could circle right back round into his own bank account and we would never know unless he let us at the details.
This just appears to be a SHOW to me, (again I may well be wrong I'm not trying trodd on the share price lol or slam it on social media)
Bigmj was straight out the blocks with "hopefully everyone can now see how much he believes in this and how committed he is." Just get on and list it instead that will show us. Why does the company need this scenario now?
And "We agreed this package to seriously incentivise CP and reward success, not failure"
Was 180k a year not incentive enough.
What this does do is exactly what the majority of posters here are saying, should this turn out crap for us it builds his defence of "why would i " to any legal challenge of wrong doing.
I've also put myself on the other side of the fence and all the positivity is also 100% plausible. But with the research I've conducted over the years this stinks to high heaven TO ME.
Maybe BIGMJ could tell us the name of the person at seedrs that the board corresponded with ?
Is this the new injection of false hope here? Weighing up the evidence I think so unfortunately. However I would be over the moon to be wrong and see an application to list made at the beginning of q2, Time will tell.
In the meantime I predict the year chasing a 30m valuation which never comes with cp saying "why wouldn't I try" using this latest piece of news as a answer to any challenge made to him.
I would be over the moon to see this relist in 2022 and put us all out of our misery. But I think we will be chasing the 30 million valuation all year just my opinion hopefully I'm wrong. Good luck all and happy new year.
Is a mj a chump though, all he has to do is act a victim of this whole debacle and when asked what he does for tally respond with " I'm no fool I'm a successful buisness man, if I lose you Lose but I'm a world class buisnesss man so trust me " all for a nice payday behind the scenes. Who is really laughing ?
I disagree, from what I see it's full steam ahead.............. cashing in the assets lol
Deano your challenger banks aren't a world's first like tally though so it's unfair to compare anything against our platform lol
564,641,114 shares
Request share register from cp probably best during a q&a
Under the Companies Act 1985 and now under section 116 of the Companies Act 2006, any person may ask a company to inspect (and potentially take a copy) of its register of members. Those entitled to inspect a register of members range from a member of the company (who can do so without charge) or any member of the public, who may be charged a prescribed fee.
As part of the request, the person making the enquiry needs to give certain information. This includes the purpose for which the information contained in the register of members will be used.
The company may either grant the request or apply to court to decline the request on the grounds that the request is not for a “proper purpose”. The timetable for reaching a decision is short: a company has five working days to decide how they want to proceed. In the event of an unexpected request, directors do not have long to determine the meaning of “proper purpose”. If they do not wish to grant the request, responsible directors will be mindful of court costs, whether the application is valid and whether the stated purpose may be regarded as being “proper”.
Guidance on “proper purpose” to date has been relatively thin on the ground. Non-binding guidance has been issued by the Institute of Chartered Secretaries and Administrators. In addition, the few court cases have directed that access to the share register:
to enable a member to lobby for replacement of the board of directors with himself and his associates;to populate a database for the sale of services by the enquirer; orfor the purposes of voicing concerns about the directors do not fulfil the “proper purpose” test.