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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

Post by BBCs80904on Aug 19, 2022 12:06pm
321 Views
Post# 34907569

What is the difference between a broker and a Nobo?

What is the difference between a broker and a Nobo?Seems someone is just spreading BS....again.
 Simply put:Broker notifies 

`The OBO/NOBO Distinction in Beneficial Ownership
Comments on S7-14-10: Study of the OBO/NOBO System (sec.gov)

The SEC requires that a broker be the intermediary between a company and a NOBO for any proxy information....
The Securities and Exchange Commission (SEC)has created the distinction between NOBOs and OBOs to protect investors from potential solicitation and unnecessary corporate spam. For example, companies may try to communicate with investors to persuade them to vote in a particular direction on a proxy vote or other shareholder …

Read information from below:


https://corporatefinanceinstitute.com/resources/knowledge/finance/non-objecting-beneficial-owner-nobo/ 

From above:
Under SEC laws, intermediaries are strictly prohibited from disclosing the name and personal information of OBOs. As a result, the company cannot contact OBOs directly. Even though companies can directly contact NOBOs, the SEC still requires that proxy materials be forwarded to investors only via an intermediary. It is to avoid solicitation.


Remember some people are paid to bad mouth companies on blog boards. Other people are trolls. No telling why someone will spread BS.



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