Tinley Beverage Company Inc C.TNY

News release explains one thing......

[Charlie_Chan]

After the first financing on Nov 24 for $1 million, it was expected that Anonymous would be selling approx 2.3 million shares to take advantage of the terms of purchacing a unit (1 share + 1 warrant) at $.45.

However, Anonymous kept the selling at full speed ahead, long after disposing of the 2.3 million shares.

Looking at the House positions beginning at the first date of announcement of a financing till today, it shows that Anonymous has in fact sold 4.6 million shares since Nov 24. 

4.6 million shares * $.45 shows a net sale of $2.07 million, which covers the amount of investor purchace for the 2 financings.

This explains the news announcement today of an additional $1 million to the coffers!

Can we expect this selling to be over now?

House Positions for C:TNY from Nov 24 till now. Note 4.6 million shares sold by Anon

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
2 RBC	1,623,368	750,259	0.462	604,423	270,969	0.448	1,018,945	-479,290
7 TD Sec	1,170,377	541,745	0.463	335,548	151,906	0.453	834,829	-389,839
85 Scotia	931,802	427,496	0.459	230,088	105,654	0.459	701,714	-321,842
79 CIBC	676,108	306,902	0.454	247,958	111,015	0.448	428,150	-195,887
83 Mackie	401,500	181,837	0.453	5,000	2,200	0.44	396,500	-179,637
124 Questrade	235,630	109,649	0.465	44,950	22,521	0.501	190,680	-87,128
14 ITG	119,700	54,914	0.459	2,000	920	0.46	117,700	-53,994
33 Canaccord	131,824	60,687	0.46	43,039	19,294	0.448	88,785	-41,393
89 Raymond James	58,335	26,349	0.452	0			58,335	-26,349
94 Hampton	51,000	23,352	0.458	0			51,000	-23,352
88 Credential	53,040	24,918	0.47	13,281	5,843	0.44	39,759	-19,075
70 Manulife	30,000	13,900	0.463	0			30,000	-13,900
9 BMO Nesbitt	282,181	127,812	0.453	263,250	120,845	0.459	18,931	-6,967
84 Ind Trading	8,767	3,905	0.445	0			8,767	-3,905
13 Instinet	21,500	9,222	0.429	18,000	8,177	0.454	3,500	-1,045
19 Desjardins	8,975	4,145	0.462	8,950	4,177	0.467	25	32
212 Virtu	100	46	0.46	412	197	0.478	-312	151
28 BBS	40,000	18,500	0.463	52,061	23,427	0.45	-12,061	4,927
80 National Bank	109,545	49,479	0.452	138,700	62,568	0.451	-29,155	13,089
36 Latimer	12,884	5,861	0.455	44,500	20,772	0.467	-31,616	14,911
1 Anonymous	729,156	330,700	0.454	4,643,632	2,141,210	0.461	-3,914,476	1,810,510
TOTAL	6,695,792	3,071,678	0.459	6,695,792	3,071,695	0.459	0	17

[manuels]

There is no gurantee that this won't be the last tranche. 

[Gratitude68]

Just curious ...are you a shareholder of this mess ?

[MadJack1]

So what's the alternative? If they continue to get approached with investors willing to give them $1m at a time or more in the future, why wouldn't they do it? Especially, given the running room they have from a shares out perspective.  I invite you to go look at most of the Cannabis companies share structures, especially ACB and you'll quickly realize this 'dilution' of

[timeforawinner2]

I say do what BEV did they got a 30% above what the stock was trading that day before PP that is fair being that they also get a warrant or thats what i read of Bevcanna NR,oh and i apoligize in advance for putting another stocks name on this board i know a lot of people don't like that but the only way to explain my answer to Madjack GLTA thank you

[Charlie_Chan]

I would wait and see if BEV is successful in closing their PP with significant funding, as it is one thing to propose a financing (which is what they have done) and another thing to be successful in raising cash. Btw, looking at BEV's financials at the end of Sept 2020, they have a grand total of $49,000 cash! *Gulp*. It is quite amazing that they are looking for financing at a +25% premium

[cosinus180]

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