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Tinley Beverage Company Inc C.TNY

Alternate Symbol(s):  TNYBF

The Tinley Beverage Company Inc., together with its subsidiaries, manufactures a line of non-alcoholic, cannabis-infused beverages for use in California, United States and in Ontario, Canada. The Company also manufactures cannabis-infused beverages for contract manufacturing clients. It offers terpene and cannabis-infused non-alcoholic Tinley's '27 and Tinley's Tonics products, for distribution to licensed dispensaries and home delivery channels in California. The Beckett's Classics and Beckett's '27 lines of non-alcoholic, terpene-infused non-cannabis versions of these formulations are available in select mainstream food, beverage, and specialty retailers in the United States as well as in select grocery and specialty stores in Canada. Its subsidiaries include Hemplify Inc., Algonquin Springs Beverage Management LLC, Beckett’s Tonics California Inc., Beckett's Tonics Canada Inc., Tinley's Canada Inc., and Lakewood Libations Inc.


CSE:TNY - Post by User

Post by BurlapSackon Aug 22, 2021 7:30pm
219 Views
Post# 33746702

Fraud Red Flag

Fraud Red FlagThought for the day. From my experience, when a company refuses to disclose the number/units/grams produced and doesn't clearly present where income is generated, its because there is some form of shenanigans taking place. CannTrust is a good example of this. No one could figure out how they were getting such amazing yields until it came to light that a good portion of their harvest was illegal. Tinley doesn't disclose the number of Tinley drinks shipped to dispensaries. They don't disclose the number of bottles produced in copacking. And they don't disclose the number of Becketts units produced. If anyone is as interested in Tinley as I am, this is the first place to go look. I'm not saying that they're definitely engaged in this particular kind of scheme, but as anyone looking to poke holes in Tinleys narrative, this is the first place to attack from... among the many others that we all know about. Now, because they don't tell us how much they produced, I can't determine how much was sold and how much went uncollected. The only other reason for this is to hide unflattering info from investors. Remember the 25 pallets they said they had shipped in Jan, and all the Tinleys they allegedly had ready for sale when the bottling line was commissioned. Those "sales" haven't been accounted for yet. This next earnings will be the most important in the company's history. They better not Jeff this up!
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