RE:Tinley Management- can't meet their own timelineYep these guys literally miss every single deadline they put out. Worse, they don't seem to learn and continue to give deadlines that they never meet. LB Was supposed to be licensed almost a year ago.
Deal with a CDN LP is delayed.
Becketts on shelves is delayed.
New drinks, delayed.
Copack deal delayed.
Jeff's inexperience of managing a publicly traded company is obvious. The market punishes company's that miss all their deadlines. The more deadlines are missed the more inclined longs will be to lose trust.
Of course you will have a certain few posters on here that defend Tinley no matter what and bring up Tinley is up XX% Since 2013 like literally every single cannabis company is up in that span.
Jeff and co need to really bear down here. I mean damn, we are in the .30's and they will evenutally need more money. It's not easy to raise money without terrible terms unless your Aphria who has profitability to justify a loan with a low interest rate. I used to thing Tinley was a slam dunk now I believe it's a 50/50 hit or miss due to the poor execution.
Mesro007 wrote: In this company's history, whenever this management goes into silence mode, it means there are some operational problems.
I understand that they are waiting for the license for the Phase 3 but what about Beckett’s drinks and additional THC drinks.
1) According to NR, OCT 22 - non-alcoholic and THC-Free are "expected to be shipped prior to the December holiday season." - FAIL
* According to NR from Dec 2, " The Tinley Beverage Company Inc. is pleased to announce that its non- infused Beckett’s™ product line will be launching in two additional mass retailers, in addition to the previously-announced 150 store deal with BevMo." - but this time there is no timeline.
So, now we have no idea when they are going to ship it and when we are going to see the revenue. That's why some of the shareholders were pissed when they announced that they were also going to focus on Beckett's product line. They are burning through time and money can’t meet their own goal.
2) "The Company intends to launch a Tinley™ Tonics Gin & Tonic-inspired “Juniper Sky™”, a Paloma-inspired “Flying Dove™” and a coffee liqueur-inspired Tinley™ ‘27 “Coffee Cask” beverage in cannabis-infused format towards the end of the year." - EPIC FAIL.
Where are these THC drinks? Who gave this timeline? - Management. They fail at their own timeline again and again.