Tinley Beverage Company Inc C.TNY

How did I miss this nr?

[geodcan]

https://stockhouse.com/news/press-releases/2023/06/14/tinley-s-provides-corporate-update

Collected some revenues, enough to pay the CFO some wages.

Laying the Tinley name to rest in favour of Beckett's.  Some new strength products in the pipeline, I beleive.  New launch of Beckett's thc infused beverages.

Delays and more delays to transfer and set up Tinley's line to Blaze operation.
Licensing and permitting delays.  Don't forget to take that transformer with you for the new place! 

Maybe we need to find the Pabst guy who put together a bigger functioning thc bottling plant in record time than Tinley's LB operation.

Teddy seems to be straightshooting with the shareholders providing some news when it is badly needed to keep us informed.

I'm not sure where all of that lucrative bottling revenue went but glad to see a million dollar savings from moving to Blaze territory.

Hopefull some of their mojo will rub off on our new Beckett's but that licensing and approval should have been taken care of in a more timely fashion to avoid delays.

The fact that we have had to extend our tenancy agreement with our LB landlord to keep supplying our product line suggests anticipated profits and hopefully more sales of our skus.

I don't know how we can transfer our bottling line and continue to bottle.  Hopefully an overnight operation to move and set up to production and remember the transformer from Italy and don't break it in the transfer.

I wonder if Jeff is still around to hear what he thinks of the latest progress.

I'm in about the same boat when I first bought in, so here's hoping!

[HungryHippie]

Tinley must have collected enough to pay back Richard Gillis for his loan because he didn't convert that loan into shares and it was due last week.  BLH has their own beverage equipment, it's not only Tinley's equipment being licensed at that location. Pabst was and probably still is a co-packer of Tinley's. It took them over 3 years to get their facility licensed

[geodcan]

If they paid back Gillis, that would be encouraging and help to explain the revenue or lack of revenue situation. If it was a fundraiser for the buyback cash that would suggest that some lender has faith in our management. I believe the rumour was that Pabst knew that Tinley wouldn't have enough capacity for the volume they would need and they built there plant in very good time and was

[HungryHippie]

Whoever you're getting information from is misleading you, Pabst isn't fully licensed yet and doesn't have nearly as much capacity as Tinley's, not to mention multiple Bev formats, not including BLH capabilities. 

[geodcan]

Pabst Labs Opens New Cannabis Beverage Facility In Desert Hot Springs, CA - Benzinga

[HungryHippie]

Yeah, I read that release and every other PR.   Key words, "Once Operational." As I'm not operational yet. Go to the gov site and pull up their license?? They press released their intentions, not that they've actually received their licenses. Big difference.

[geodcan]

Yea I've experienced this creative writing that implys things done while they are only works in progress. Pretty sure I made mention of this on this site before. California for being a pot leader and pharma pot leader still has this permitting and licensing thing smokin' along at full anchor. It is amazing that Jeff got Tinley up and running in the first place.  I'm guessing he

[HungryHippie]

Co-packing fees are not upfront, once again your information is wrong.  Only initial payment is upfront, which is minimal. Sulo pays upfront for the products of their clients, and that's it.  Beckett's is upfront. Tinley has to wait until co-packers production is sold in dispensaries and delivered back in cash!