Post by
geodcan on Nov 28, 2020 5:28pm
it might seem like apples and oranges
but I keep going back to the Aurora deal with Sweetwater beer for $330 million invested in a dwindling beer market bottling plant. Tinley's got 120 million shares, two lines of products, a bunch of flavours, IP, a state of the art bottling line and we are about $50 million worth of value to investors. We are also in a couple of hot commodities and seem to be getting these products to shelves where we are told they are well received. Tinley management has put all of this together on a shoestring and yet put together a team of beverage professionals that can drive this forward. It seems like somebody has their foot on the brake besides the regulators. By my best guesstimation, Tinley should be worth at least what Aurora paid for their beer bottling line which would put us at over $3 per share for our facility and what is our ip and recipes worth. Is Tinley a best kept secret in investor's circles and why is that? Are we hiding out from some regulators or some such? I'm pretty sure that we are already relying on State law protection if the Feds are an issue. Tinley is moving their business plan forward and ticking the boxes. Canopy it seems is relying on State law as they move their beverage biz forward in the US through Acreage Holdings and some branding deals. Tinley is going to arrive soon and have to tell us some numbers of sales or dollars realized. Good news is we have another million in the coffers with minimal dilution, for another bottling line? Canada expansion seems to be in the works. And, in my mind we have got to have somebody with offers for our company which raises the question of what are we worth if that is the case! Bring me some opinions! glta and dyodd
Comment by
BlueArrow on Nov 29, 2020 12:39pm
I remember a number of years back that Jeff answered a question about a possible Buyout happening in the future. He replied if a Buyout was offered it would be a minimum of $6.00 per share to make it worthwhile.
Comment by
cosinus180 on Nov 29, 2020 8:36pm
This post has been removed in accordance with Community Policy
Comment by
BlueArrow on Nov 29, 2020 9:16pm
If you would take time and read my post properly it said sometime in the future. Today is not the future I was talking about take your hand away from your face and look down the road.