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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

Comment by kirktopon Jun 13, 2022 8:36am
361 Views
Post# 34751218

RE:The latest deal with Blaze

RE:The latest deal with BlazeGeo Blaze has to pay market rates for the rest of their 51%. Their 20% discount is to the stock price when they buy not $15 million or $3.5 million or $0.08 like some have said. Blaze and Rick have to buy 100 million more shares to get to 51% and all the cash they use to buy those shares goes into tny's kitty or given as dividends to us. Big cash for all shareholders. This deal gives us the management upgrade needed and enough cash to avoid pp's forever. Market makers cant profit if they cant short into a pp so the stock is now free to run up. Geo you raise a good point about why shareholders aren't being given a vote on a 51% takeover option like in other public companies. They will have to answer this question and give us the details. Overall it is most important that we have cash and qualified management which we get from this deal. I expect the pace of copacker deals and product growth to occur fast now that new management is at the helm. Their InBev relationship will likely get PR too which will juice the stock. They probably already have something up their sleeve. Glta
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