Tinley Beverage Company Inc C.TNY

Tinley Going to Zero

[BurlapSack]

With the SP where it is and the lack of legitimate sales, lack of news, lack of leadership and lack of cash, do you think Tinley will survive the next 12 months? I think this might be going to zero before then based on my observations. Discuss.

[scotianbot]

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[Planetoflimes]

Tinley has survived because they are publicly listed company and have access to capital via private placements but their private placements keep getting lower and lower in price with no returns to the investors, not an ideal situation. You may, or may not be correct in regards to the safe banking act passing in 12 months, but we can agree regardless Tinley will still need capital thus placements

[scotianbot]

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[BurlapSack]

How can you possibly say they have been financially responsible? They burned 8 million last year sitting in place doing nothing last year.

[Tinley20xx]

Compared to others in the space they have burned through much less cash.  I think that's what he's trying to point out.

[cosinus180]

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[Tinley20xx]

Fair.  I won't disagree with you.

[BurlapSack]

And what did they get for that cash burn? The privilege to retain Jeff Maser and Rick Gillis so they can continue earning half a million per year. Brilliant.

[Tinley20xx]

I thnk Rick is working his butt off.  Jeff not so much.  I'd like Jeff to step aside.  I don't think he's capable of running this company.

[BurlapSack]

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[scotianbot]

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[BurlapSack]

No one is talking about Hexo and Canopy, are they? If Canopy and Hexo go out of business, it won't make a difference to Tinley. They're still on the verge of bankruptcy if they don't make any sales.

[BurlapSack]

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