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Tinley's Appoints CEO & President Of Tinley's Brands USA And Grants Stock Options
Tinley's Appoints CEO & President Of Tinley's Brands USA And Grants Stock Options
The Tinley Beverage Company Inc. (OTCQX:TNYBF) (CSE:TNY) appointed Theodore Zittell as CEO and Richard Gillis as president, Tinley's Brands USA. Gillis's primary focus will be to drive the reintroduction of the full Tinley's brand infused line-up and pursue Tinley's brand growth in California, and address expansion to other US states as opportunities arise. Gillis will also drive expanded sales and distribution of the relaunched Beckett's Tonics and Beckett's 27 products initially rolling out to Total Wine & More retail locations across 27 US states. These appointments coincide with the dissolution of the office of the CEO, which was comprised of members Theodore Zittell, Richard Gillis, and Douglas Fulton.
Grant of Stock Options
The company announced the grant of stock options to purchase up to 6 million common shares in the capital of the company to certain officers, directors, employees and consultants of the company in accordance with the terms of the company's stock option plan. The stock options will be exercisable at a price of $0.10 per common share and for a period of five years from the date of issuance.
"I am encouraged by our progress in California over the past few months since the announcement of the strategic investment by Blaze Life Holdings ("BLH")," stated Zittell. "Our collaboration with BLH has enabled us to enhance capabilities at the company's Long Beach facility, and to realize improved productivity and throughput. In addition, the company has begun to benefit from cost savings through ongoing resource and systems alignment. Our Tinley's management team has delivered key wins over the past few months, notably the relaunch of the full line up of Tinley's branded products in California now underway. The successful reformulation of Beckett's and the planned Q4 2022 launch of seven Beckett's SKU's across more than 200 Total Wine & More locations in the USA is a significant achievement, and we are happy to recognize the team's efforts through the grant of stock options."
Photo by Tim Foster on Unsplash
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The Tinley Beverage Company Inc. (OTCQX:TNYBF) (CSE:TNY) appointed Theodore Zittell as CEO and Richard Gillis as president, Tinley's Brands USA. Gillis's primary focus will be to drive the reintroduction of the full Tinley's brand infused line-up and pursue Tinley's brand growth in California, and address expansion to other US states as opportunities arise. Gillis will also drive expanded sales and distribution of the relaunched Beckett's Tonics and Beckett's 27 products initially rolling out to Total Wine & More retail locations across 27 US states. These appointments coincide with the dissolution of the office of the CEO, which was comprised of members Theodore Zittell, Richard Gillis, and Douglas Fulton.
廷利饮料公司。(OTCQX:TNYBF)(CSE:TNY)被任命西奥多·齐特尔作为首席执行官和理查德·吉利斯作为总裁,廷利的品牌美国。吉利斯的主要重点将是推动重新引入Tinley的完整品牌阵容,并追求Tinley在加州的品牌增长,并在机会出现时向美国其他州扩张。吉利斯还将推动重新推出的汽车的扩大销售和分销贝克特补品和贝克特27岁最初推出的产品Total Wine&更多零售网点遍布美国27个州。这些任命恰逢首席执行官办公室解散,该办公室由西奥多·齐特尔、理查德·吉利斯和道格拉斯·富尔顿.
Grant of Stock Options
授予股票期权
The company announced the grant of stock options to purchase up to 6 million common shares in the capital of the company to certain officers, directors, employees and consultants of the company in accordance with the terms of the company's stock option plan. The stock options will be exercisable at a price of $0.10 per common share and for a period of five years from the date of issuance.
该公司宣布,根据公司股票期权计划的条款,向公司的某些高管、董事、员工和顾问授予股票期权,以购买公司资本中最多600万股普通股。股票期权将以每股普通股0.10美元的价格行使,从发行之日起为期五年。
"I am encouraged by our progress in California over the past few months since the announcement of the strategic investment by Blaze Life Holdings ("BLH")," stated Zittell. "Our collaboration with BLH has enabled us to enhance capabilities at the company's Long Beach facility, and to realize improved productivity and throughput. In addition, the company has begun to benefit from cost savings through ongoing resource and systems alignment. Our Tinley's management team has delivered key wins over the past few months, notably the relaunch of the full line up of Tinley's branded products in California now underway. The successful reformulation of Beckett's and the planned Q4 2022 launch of seven Beckett's SKU's across more than 200 Total Wine & More locations in the USA is a significant achievement, and we are happy to recognize the team's efforts through the grant of stock options."
自宣布战略投资以来,我对过去几个月我们在加州取得的进展感到鼓舞烈焰人寿控股我们与BLH的合作使我们能够增强公司长滩工厂的能力,并实现更高的生产率和生产能力。此外,该公司已开始受益于通过持续的资源和系统协调来节省成本。我们Tinley的管理团队在过去的几个月里取得了关键的胜利,特别是Tinley品牌产品在加利福尼亚州的全系列产品正在重新推出。Beckett‘s的成功重组和计划在2022年第四季度在美国200多家Total Wine和更多分店推出7个Beckett’s SKU是一项重大成就,我们很高兴通过授予股票期权来认可该团队所做的努力。“
Photo by Tim Foster on Unsplash
蒂姆·福斯特在Unspash上的照片
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