No fears of dilutionIt seems that some of the newer TNY holders are a little nervous about a pullback and a possible share dilution as a result of our incredible increase over the past few days.
Your fears are well founded due to the fact that a large % of MJ Companies trading on the CSE are managed by individuals who have had zero background in the MJ industry. Their expertise has been finely honed from their past experiences creating new Mining Companies specializing on whatever the flavor of the week commodity is hot enough to form a Company whose sole mission is to enrich the Management all at the expense of retail shareholders. Since most commodities are presently selling at historic lows, they have thrown away their mining shovel and have become agricultural experts in MJ. Their mission is still the same---Management gets rich, share dilution gets excessive and retail folks get shafted.
The problem when these scammers have a shareprice run in whatever Company they manage this week is that they view any SP increase as found money and will initiate a financing that puts the brakes to any further run. Reading the financials of these Companies shows spending that ingratiates the Management with excessive salaries, stock options etc.
Now have a look at TNY. We presently have a money problem as well. Fortunately our money problem is that we have $4 Million dollars sitting idely and instead of giving bonuses to Management, they have put this little nest egg into a daily savings account bearing interest till the need to use this fund for the betterment of the Company.
I have no fear of any surprise financing because our Management are true professionals whose goal is to make Tinley Beverage Company into the World Leader in THC infused beverages and CBD products.