Tinley Beverage Company Inc C.TNY

Beverages

[BurlapSack]

https://www.politico.com/news/2021/08/01/thc-cannabis-beverages-501951 ... "no one has gotten it right yet"... just like I've been saying here and every other drink stock. Yes, I'm particularly bearish on this company, but thats because of the buildout delay with the transformer that they didn't didclose was a transformer till months into the ordeal, the delayed commissioning - or relying on bottles when the rest of the sector went with cans, the Canadian expansion delay/failure in strategy, risk of not being able to transfer the LB license from Rick to Tinley, the delay in the canning line commissioning, the delay in the distro license, poor product reviews of Becketts on Amazon and because of low sales (and real risk of not being able to collect sales). I have said I'm bearish on any company that does drinks and that includes Hexo and Canopy. I've done my DD on this management team and they have done many things that are considered offside to knowledgeable investors. Based on the things that have happened, I don't think they have the right leadership team in place to make money for shareholders YET. Cann is available in 5 states. Tinley is barely in one. Cann has been at it for less than half the time that Tinley had. The difference is management and product. Cann does extensive market testing and sends out secret shoppers to assess whether budtenders are promoting their drinks... Tinley can't even get into a few dispensaries to sell their gear and they're still trying to find distributors who will actually collect the sales from one of the dozen or so dispensaries they're still in. That's the difference you should be pointing out. That's how far ahead companies like Cann are of Tinley. A CEO who lives in the same country of the facility he runs is a good indicator of if the guy is even trying. Cann getting into 5 states while you can't get into a single province in Canada when everyone is looking to the states is a huge red flag. Sitting a bottle line in a box in the back of your warehouse instead of expanding to Nevada (after telling your investors you're moving to Nevada) is a red flag. I mean, everyone is expanding in the US and Tinley is trying to crack the Canadian market and dismissing the US completely. These are management decisions... these are stupid decisions made by people who don't know how to make money for shareholders. These are decisions made by people who look like want to be taken over and who are tapping out. There are drink companies popping up all over the country and Tinley is just existing and paying out management salaries just to keep the lights on in a factory that's barely used once a week. Jeff even admitted that they only have 1 client on PER WEEK at the moment and their drinks aren't selling well. That means they're bringing in 15k per week in copacking revenue. So how is this a sign of management who are looking to win the Super Bowl here? These guys are just happy to be getting paid to be in the same league. This is a great pre-returement money grab for anyone getting a 400k salary... that would be my life goal too, to be honest. As for the license transfer thing, employment backgrounds of at least 10 years are part of the process. Having worked for a financial institution that was shut down is a red flag when you're applying for a cannabis license as a primary point of contact. Regardless of if you were directly involved of the shenanigans or not, someone will google "Jacob's Securities" when looking at a background application and be able to read the first search hit - "Toronto-based Jacob Securities Inc. has been suspended by the Investment Industry Regulatory Organization of Canada (IIROC) after an expedited hearing, the self-regulatory organization announced on Friday. ... Jacob Securities says that it plans to divest its retail and trading businesses to focus on investment banking." I've seen people fail background checks because of much smaller issues. I was interrogated about a gay bar I worked at when I was in college during one of my clearance interviews. That's from personal experience of going through many security clearance applications myself from Reliability Checks to Top Secret. Now, If they succeed in ever getting that distro license like Jeff said has been ready for months now and initiate the application transfer, and if they allow the transfer from Lakewood to Tinley, then I'll change my opinion. Until then, I'm pessimistic as ever about their ability to get anything done because of their history of missteps. I'm not going to pump a company that isn't performing. Show me on the financial statement where this company has performed and I'll shut up. Tell me which part of this post is slander. Everything I said is verifiable by facts and statements made by management. I tend to view everything about this company this a glass half empty lens. They're not doing anything to change that.

[scotianbot]

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[BurlapSack]

I dont care about the rest of your post. Did you honestly just try to claim that I wrote all the Becketts reviews on Amazon? This is how absolutely insane and unstable you've become. You will literally blame everything on me to try and work this in your head.