Off-market insider buying at Tinley Beverage (TNY)

Off-market insider buying at Tinley Beverage (C:TNY)

Richard Gillis, a Subsidiary Executive, acquired 600,000 Common Shares on a direct ownership basis at a price of $0.460 through a prospectus or prospectus exempt offering on February 20th, 2019. This represents a $276,000 investment into the company's shares and an account share holdings change of greater than 100%.

Tinley Beverage is in the Non-Alcoholic Beverages Sub Industry Group under the Consumer Non-Cyclicals Sector.

The Tinley Beverage Company Inc., formerly Quia Resources Inc., is a beverage company. The Company focuses on hemp-infused beverages and supplements. The Company focuses on launching its line of hemp-based functional beverages and supplements that are designed to help with three health objectives: vitality, sleep and cognitive health. The product is designed for both functionality and refreshing taste. The Company's product Hemplify is a drinkable supplement that contains hemp oil, electrolytes, omegas, vitamins and other nutrients. Hemplify is sugar-free, however it uses a technology to encapsulate the hemp extract into micelles so that the spectrum of nutrients remains stable throughout the digestive process and absorbs into the bloodstream. Once encapsulated, Hemplify uses an additional technology to employ non-synthetic emulsifiers that dissolve the encapsulated hemp extract into water. Hemplify is available in two flavors: topical punch and berry passion.