Off-market insider buying at Tinley Beverage (TNY)

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

Paul Burgis, a Director, acquired 16,000,000 Common Shares on a control or direction basis for registered holder Blaze Life Holdings, LLC at a price of $0.025 through a prospectus or prospectus exempt offering on January 26th, 2024. The insider also acquired 16,000,000 Warrants with an exercise price of $0.050 for three years. This represents a $400,000 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., together with its subsidiaries, manufactures a line of non-alcoholic, cannabis-infused beverages for use in California, United States and in Ontario, Canada. The Company also manufactures cannabis-infused beverages for contract manufacturing clients. It offers terpene and cannabis-infused non-alcoholic Tinley's '27 and Tinley's Tonics products, for distribution to licensed dispensaries and home delivery channels in California. The Beckett's Classics and Beckett's '27 lines of non-alcoholic, terpene-infused non-cannabis versions of these formulations are available in select mainstream food, beverage, and specialty retailers in the United States as well as in select grocery and specialty stores in Canada. Its subsidiaries include Hemplify Inc., Algonquin Springs Beverage Management LLC, Beckett's Tonics California Inc., Beckett's Tonics Canada Inc., Tinley's Canada Inc., and Lakewood Libations Inc.