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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

Bullboard Posts
Post by HonestAbeon Oct 31, 2016 5:20pm
128 Views
Post# 25407661

Updated Share Count

Updated Share Count
42.54M shares outstanding as of Aug29.
+16.176M from the recent $2.75M financing.
+9.024m (estimated) ($1.066m from options/warrants exercised)
------
58.716m sh out  (79.2M sh fd)

From the Oct 31 NR, I assume the cheapest options and warrants all got exercised first, so all 8c/11c options and 10c warrants got exercised along with partial 20c warrants.  However, the reality could very well have been mainly 20c warrants being exercised and if that is the case then fewer shares issued.

Escrow
3M escrow shares (Jeff Maser)
0.333M (Oct29-2015:  unsure if still valid)
TOTAL: 3.33M
 
Options
0.35m  .08 (vest over 18mo fr Aug 2016)
 
Warrants
0.454m .75
1.456m .17 [exp May 28, 2018]
6.82m  .20 [exp Oct-Dec 2017]
8.09m  .25 [exp May 28, 2018]
TOTAL: 16.82M

 

Bullboard Posts