It's good to have financing set upbut do we grasp for a lifeline when we are this close to the boat? And at this cost?
New blood coming on board might be good to help get Tinley's bangin' on all cylinders.
Not sure about your math in regards to needing 100 million shares to get to 50.1%. Last I looked the total sharefloat was only 150 million.
I have questioned the initiative of our team management and get the feeling that these guys were pulled out of retirement and the good life and are only giving enough effort to keep this alive and would rather go back to retirement.
I like that Rick has his own skin in the game which shows committment but have to ask why we had to pay him for the license and Tinley didn't get their own and the Algonquin connection needs some 'splainin'!
Wage renumeration seems high for a fledgling company although it has been a tedious long time to get to where we are. Free shares, options and other hooks plus $1 million worth of management wages strikes me as heavy sloppin' at the trough.
The success rate of new beverages is dismal with high attrition rates and only a few true winners and cannabinoid drinks need rapid on and offset similar to alcohol and also taste good.
Of course the whole potmarket is out of favour and taking a serious shytkicking right now and one hope to hang on to is that Schumer can get his reworked bill passed which will clear up a lot of uncertainty and cause some action as non US potpreneurs barge in to the States.
This market isn't buying any bullshyt and investors are more inclined to sit on the sidelines. Complicated nrs don't alleviate any anxiety.
In my mind Tinley is still worth $2 all day long given all of the real development since the good old Hemplify days.
I would still like to see some other offers and get a vote!
And how about some numbers!