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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 hintonkidon Nov 28, 2022 3:28pm
281 Views
Post# 35134750

I am holding off on repurchasing TNY shares for the moment.

I am holding off on repurchasing TNY shares for the moment.I see, that in the last couple of months TNY board members have been granted options but, still have not bought shares in the open market.  When I checked, they only held just approximately 1%-2% of the shares outstanding and shares are still not held by institutional investors.  Today, one of the board of directors members posted positive comments about the company and retail investors bought shares.  Bringing the share price from $0.07 at the open to $0.09 per share as I am writing these comments.  As an investor, I would prefer that TNY board members signal their faith in the company and it's future by buying a large number of shares and bringing their stake in the company closer to 10% to 20% and purchase those shares in the open market.  I like to see board members ready to 'eat their own cooking' and such a move, would signal to me that they are ready to ride this company to the end of the line or to the moon.  It would also signal institutional investors that things might be getting interesting at TNY and at least et them to kick the tires and check out the company.  So, how about it guys! Are you ready to take the plunge and put your money where your comments are?  When you start buying I will to.
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