There's some deep pocketsgrinding on the shareprice of Tinley for pennies. Sadly, we've had such a tale of woe that investors are looking elsewhere for their investment dollars.
Our team doesn't seem to be doing much to bolster our sp and quell the concerns of shareholders.
Rick is one of the major shareholders and he has serious hooks into the LB facility and spent a lot of time there when I felt his abilities should have been directed at sales. Again, if you don't have product available from manufacturing, it seems moot to be out promoting it.
California alone is viable for a beverage company and I believe that we should concentrate on the California market with all our resources and ability.
The lack of any kind of response from management to quell fears of shareholders suggests that the big shareholders might be waiting in the wings for first dibs on assets.
A state of the art bottling facility for cannabinoid infused beverages and other style skus, are also licensed, I believe, is a good return for first run shareholders.
I can't believe that we don't have interest from suitors to take Tinley, especially at these prices. I don't know what it will take to take-out Tinley but I keep remembering the Sweetwater deal which is a beer company taken out by Tilray/Aphria for their footprint and segway into the US.
Beverage people have to know about us and have us on their radar. Or a US MSO that wants to take California with their recipes.
Acquisitions are going to increase and junior start-ups are going to fail. My understanding is that Tinley has succeeded in producing thc infused beverages in California, which seems to me to be a win that is being ignored.
glta and dyodd