RE:May be it’s time for new CEOMesro007 wrote: A CEO who is more transparent. Let’s be clear, this is not Jeff’s private company. This company and its product has so much potential.
It's funny that even after 1.5 years we are still dealing with the same lack of information from this management. The audacity of this management is something. It's another thing, where you have shown quarter after quarter consistent performance in terms of revenue, but this management is yet to meet its own deadlines. We all know that in Q1 this year, they had zero revenue. I am sure they are not producing 250,000 bottles per month i.e. full capacity of phase 2 facility yet. With the track record of this management, I would bet that they have not even fulfilled $200K backorders. I hope I am wrong. Also, again with this management at the helm, I doubt the phase 3 facility will run at full capacity before mid next year. We will be lucky if they get license and start preliminary rounds of production by end of this year from phase 3 facility. And, the longer it takes to run facility phase 3, the longer Tinley will take to expand into different states. Co-packing - no clue. They are not following any deadlines, so don't know if there will be any announcements about it in 3rd quarter. Long TNY.