Tinley Beverage Company Inc C.TNY

Rick Gillis in for more

[Digby8]

Richard Gillis, President and Chief Operating Officer of Tinley’s USA, and member of Tinley’s Office of the CEO, has purchased 2,080,666 units (“Units”) of the Company under the first tranche of a non-brokered private placement (the “Private Placement”) at a price of C$0.15 per Unit for gross proceeds of approximately C$312,000. 

This investment brings Mr. Gillis’ aggregate position in the Company to 4,080,666 Common Shares. 

 

“I am investing once again in Tinley’s to tap into what I believe is an unrealized opportunity within the cannabis industry”, said Richard Gillis. “The popularity of THC-infused beverages is accelerating, and I believe that Tinley’s, through its Long Beach Facility, with a newly activated distribution licence and growing menu of production methods and packaging capabilities, will continue to drive value by serving a growing roster of high-quality and high-volume client brands.”

[cosinus180]

So he's the only investor? In a pp that he sets the price on? Nothing wrong with that! Carry on!

[Reyninak]

You were trying to be sarcastic, but indeed, there's actually absolutely nothing wrong with that. The day before they requested the price protection for the PP (December 29th), the share price closed at $0.135 with a low of the day at $0.12. So, if Rick was really greedy, he could've gotten way more shares with his $312K considering that PPs usually happen at a lower price than current

[cosinus180]

Well isn't he a nice guy! Dude, wake up and smell the coffee.

[Reyninak]

The main thing I smell is the BS that comes out of your posts... LOL

[cosinus180]

If that isn't a conflict of interest, I don't know what is. He knows exactly what is coming down or not coming down the pipe and he sets the price and he's the ONLY buyer. Don't forget, these come with warrants! I guess it looks better on paper rather than paying himself bonuses or consulting fees. Talk about insider trading!

[cosinus180]

Just to add to Sergio's comment about a takeover, maybe Rick knows it's coming down the pipe, maybe he knows the offering price per share... He knows exactly what his profit will be....some investors will be happy that he has "skin" in the game! Ya, they have investor's back alright, only thing is they have both hands on investors shoulders from the back!

[Redwine12345]

What a cr*p you are posting here. PP happened all the time at every public company. Try different avenue to put a negative spin. Disgusted with your analysis.... What a cr*py job you have....

[cosinus180]

Too bad you didn't make it past grade school you missed out on comprehension in middle school.

[Redwine12345]

Looks like you have a big mouth.  Why don't you get on your knees....

[cosinus180]

Tny's already doing that for you... with your money! Bend over big boy!

[DieBartDie]

This post has been removed in accordance with Community Policy

[cosinus180]

About the same as my Nortel investment!

[sneakysneaky]

A chart comparing TNY to Hexo, BEER, MLCL & BEV since July 2021 can be found here. Chart comparing TNY to a few other cannabis beverage companies can be found here. TNY  -62.50% Hexo -93.91% Bev -56.98% Mlcl -48.15% Beer -30.77%

[MushLove]

I guess I am DieBartDie too? You are obsessed cosinus, shut your mouth.   

[cosinus180]

NAH, DBD was only poking a little fun. I can spot your nonsense, regardless of what handle you use. Note, I only have one handle and only change when someone doesn't like my eye opening posts and reports me to the SH police. First thing I do when I get a new handle is to make sure everyone recognizes my new pseudonym. I never hide under multiple handles.

[MushLove]

You are either mentally challenged or already drunk today. Maybe both. 

[cosinus180]

Both, no question! That was another great, fantastic, share price pumping video wasn't it!

[sneakysneaky]

Never trust management. lolz, someone used to say that so eloquently! The looming PP at 15c killed the upward momentum that developed literally the day after Dec 29th? Why buy at 21c when the company likes raising below trading price every couple months and keeps a looming second tranche pp open to explore those potential mergers and acquisitions listed. I can just wait another few weeks/months

[DieBartDie]

This post has been removed in accordance with Community Policy