RE:Holding Long & Strong!muffymouse wrote: Hello All,
Been some time since my last post, but thought I'd reach out. Been invested in Tinley just over 3 years now. It is my largest holding, and the most exciting. Never would I imagined I'd have the opportunity to invest in today's modern age end of prohibition. Before I start, I would appreciate the constant negativity, bashing, bag holding nonsense to stop. I do not take kindly to the shortsighted views of many, an attack on my personal investment and the attempt to down the excitement investing in this company has brought to me and my family, friends. Keep your constant, incessant negativity to yourself. If I lose it all, so be it - I've made a personal choice and if you think money brings me any sort of emotional strain or hardship - it does not. The daily fluctuation in share price does not affect my long term view, but allows me to pick up where someone else's investment has ended. I'll gladly pick up more shares - and if Jeff ever needs funds, I'll be the first in line with my pocketbook. Please, keep your negative thoughts to yourself - if money affects you this negatively, you need to seek advice; help. Being negative, daily, takes effort, it isn't healthy and being around those types of people only makes this world rotten and regrettable. Keep your thoughts to yourself, seek therapy, councelling, whatever it is. Enough of it.
I've made a long-term investment in Tinley and my views are not shortsighted. Pis.s on what the shareprice has done. Look at what the company has accomplished in 3 short years. I will continue to hold despite what happens - thank you for the daily warnings - but this is my money - not yours. We have an entire sector under a monthly bleed. We are not immune, but at some point, there will be light at the end of the tunnel for "most" companies. Fundamentals will prevail. We are about to see our first meaningful revenues...we finally made it. It has been a long raod, but we made $ off an idea in just 3 short years.
Tinley has avoided debt - debt along has sacrificed many companies to this point. We don't have a huge overhang like a vast majority of companies out there. Many drop the word "dilution" like its understood or they're a big player. Using the term does not make you credible - start up companies need capital. They either get it from debt (bad) or issuing shares. When cash burn is extremely high is when one woud have to worry. Given the amount of fixed assets/leases the company now has, its only assumed that some burn is normal. Your investment in Tinley was your personal choice, many think that just because it wasn't up 20% in the next month means they made a poor investment choice. Don't forget speculation vs investing. If you're speculating - check out options on an energy company these days - you'll get more bang for your buck. This company should be viewed as an investment if you want to make $.
Jeff and team have done a phenomenal job stearing us through the legalities of this still largely "illegal" industry. Would anyone here be able to get a company off the ground and running in a year? 2 years? This stuff takes time and I'd much rather them be thorough with their decision making rather than rush anything out the door to make a quick buck.
Lets not forget that California is a MASSIVE state. You can't just go from dispensary to dispensary in 5 minutes. Rollout will take time. We see every week new dispensaries added. This stuff isn't just a quick phone call. It takes time, resources and money. Finding the right sales persons isn't an easy task, either.
With all of this in mind, one can see that you cant go from 0 to 60 in 3.6 seconds. I understand everyone here wants to make some money, but one should understand the time and effort the company must take to get us there. They're doing all the right things. Look at how a lot of other juniors with no experience have ended up. The financials are in ruin, management without a source of capital. It's bad, it's unfortunate. But, it's a risk. If you've invested in this industry, you have to understand you can end up with ZERO $ left. It's a real possibility and if one can't stomach that - this isn't the place to be. However, if you're willing to lose it all, you also have the opportunity to find a win.
With that, I continue to add shares, I will gladly pick up more from anyone thinking this is the end of the road for their investment. Patience is a virtue. Staying positive is a happy, healthy state of mind. I encourage all reading this to chin up, think long term and know we are in good hands.
Good things are to come, exciting things. Mark my word - we are just getting started.
Best,
Muffy