Tinley Appoints Media Veteran Douglas Fulton to Board of Directors
31 1월 2019 - 10:36PM
THIS NEWS RELEASE IS NOT FOR DISSEMINATION
IN THE UNITED STATES OR TO U.S. PERSONS.
The Tinley Beverage Company Inc. (the “
Company" or
"
Tinley") is pleased to announce the appointment
of Douglas Fulton to the Board of Directors.
Mr. Fulton is a Los Angeles-based, European Emmy
Award-winning television executive and consumer lifestyle products
entrepreneur. Via his advisory firm, Seaside International,
Mr. Fulton also acts as an advisor to the US State Department, IREX
and other government-related groups internationally. Most
recently, he co-founded L.A. Christine, a manufacturer of premium,
all-natural skin care products. Previously Mr. Fulton served
as President of Entertainment with Dave Networks, where he created
enterprise partnerships with MGM, CBS, ABC and Disney. As
SVP, Europe for SBS Broadcasting, Europe’s second-largest broadcast
group, he launched Europe’s first private broadcast channels. He
also served as SVP, Europe for Jump TV (now NeuLion), where he
helped pioneer the first worldwide, live-streaming television
channels. He has been featured in Time Magazine, Hollywood
Reporter and C21.
The addition of Mr. Fulton enhances the
Company’s relationships in the Los Angeles entertainment industry
as well as in the premium, female-oriented cosmetics
industries. These afford the Company additional access to
unique opportunities for marketing and exposure for the Company’s
beverage products. The addition also enhances the
independence of the Company’s board, as well as furthers the
migration of the Company’s board and officers to California, which
the Company believes will continue to be its largest market, even
as it expands into other jurisdictions in the USA, Canada and
internationally.
“Tinley is building the most robust cannabis
beverage infrastructure I’ve encountered, and cannabis beverages
themselves have become a ‘white hot’ area of interest for
consumers, celebrities and major CPG companies here in Los
Angeles,” said Mr. Fulton.
“For the past 30 years, Doug has always been a
pioneer in explosive growth categories, notably in the emerging
media and consumer lifestyle industries. His entrepreneurial
spirit and wealth of contacts in LA, across the USA and
internationally will greatly enhance Tinley’s marketing to
consumers from a broad variety of demographics and geographies,”
said Curt Marvis, director of Tinley.
Upon Mr. Fulton joining the board, he was awarded 250,000
options to purchase shares at an exercise price of $0.58. The
options vest quarterly over 3 years, with expiration in 5
years.
About The Tinley Beverage
Company
The Tinley Beverage Company (Santa Monica,
California) created the Tinley™ Tonics, Tinley™ ‘27 and Hemplify®
line of cannabis and hemp CBD beverages. The Hemplify® CBD
beverages are available in mainstream stores in California, while
the Tinley™ Tonics and Tinley™ ’27 line of liquor-inspired,
alcohol-free, cannabis-infused beverages are available in
dispensaries throughout the State. The Company is also
building a 20,000 square foot cannabis beverage manufacturing and
distribution facility in Long Beach,
California.
Forward-Looking Statements
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS
REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This press release contains or refers to
forward-looking information and is based on current expectations
that involve a number of business risks and uncertainties. Factors
that could cause actual results to differ materially from any
forward-looking statement include, but are not limited to, delays
in obtaining or failures to obtain required governmental,
environmental or other project approvals, political risks,
uncertainties relating to the availability and costs of financing
needed in the future, changes in equity markets, inflation, changes
in exchange rates, fluctuations in commodity prices, delays in the
development of projects and the other risks involved in the mineral
exploration and development industry. Forward-looking statements
are subject to significant risks and uncertainties, and other
factors that could cause actual results to differ materially from
expected results. Readers should not place undue reliance on
forward-looking statements. These forward-looking statements are
made as of the date hereof and the Company assumes no
responsibility to update them or revise them to reflect new events
or circumstances other than as required by law.
Products, formulations and timelines outlined
herein are subject to change at any time. All figures CAD
unless otherwise indicated.
For further information on The Tinley Beverage
Company, please contact:
The Tinley Beverage Company Inc.3435 Ocean Park
Blvd. #107Santa Monica, CA 90405(310)
507-9146info@drinktinley.comTwitter: @drinktinleyInstagram:
@tinleybeverage www.drinktinley.comOTCQX:TNYBF CSE:TNY
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