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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
Comment by Mesro007on Oct 02, 2019 10:47am
107 Views
Post# 30186971

RE:RE:RE:Predictions

RE:RE:RE:Predictions
I think Q-3 revenue will be lower than $300K may be much lower. I think it's due to lot of store sampling and discounts like BOGO for $1etc. I am not saying it's not necessary but just saying it will decrease our revenue. I think that's the reason they want to realise revenue only when they sell the products. Only solution I think is to increase our store count but last number I heard through an article was 30. This management does not believe in transparency, probably because they have more to hide than to show. Q -4 I think last thing this company needs, is any kind of production disruption. Even it's for moving into bigger facility. Why can't they start production independently in phase 3? I hope there is no production loss, otherwise it will be disastrous for share price (it's been dismal share performance so far.) When is AGM this year? I haven't seen anything yet. Last thing, I want to say is that I am disappointed in our CEO. I really liked Jeff's focus and therefore Tinley's focus and his capital management skills but the lack of transparency since forever creates lack of trust at least for me. I don't know when the management can go out secretly and look for money at significantly lower valuation than market without telling its current investors. Anyways, I think all of this expansion will mean that company might need more money within 3-6 months. With this low price mean more dilution. If this company fails than there will be 2 reasons f I think 1) We were too early. The market took 5-7 years before cannabis drinks became a trend. 2) Management and it's lack of transparency.
Bullboard Posts