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Quarterly report update looks good. Let's see what can unfold here with 3.4 million share float.
TNBI Security Details
Share Structure
Market Cap Market Cap
527,559
05/14/2025
Authorized Shares
300,000,000
05/14/2025
Outstanding Shares
24,537,614
05/14/2025
Restricted
17,812,529
05/14/2025
Unrestricted
6,725,085
05/14/2025
Held at DTC
3,461,743
05/14/2025
Float
3,461,743
01/23/2025
The advisory team also initiated their due diligence review and analysis of the potential opportunities, which included three SaaS technology platforms; a healthcare patient engagement platform which supports the entirety of one’s care journey to drive better outcomes; a mobile first employee engagement and development platform focused on an underserved market - front line workers, and a AI enabled platform which supports the hiring of veterans and their families to best leverage the skills and experiences gained while serving in the military. At this time, we are actively engaged in discussions for defining potential operational support and capital infusion
to drive their next stage of revenue and profitability growth. If and when we enter binding letters of intent or definitive agreements with any of these potential opportunities, we will publicly announce those milestones.
Nice update in the quarterly report! Big things coming it looks like!
Tanke Biosciences Corp (OTC: TNBI) is a diversified company focused on identifying emerging, growth stage businesses, which have
achieved verifiable market validation, proof of concept, and/or customer adoption of their platform solution(s) as evidenced by
sustainable, recurring revenue traction; in order to provide them with the experienced operational resources/support and capital infusion in
order to scale operations to drive managed, profitable growth and drive shareholder value in their respective market areas.
The current business operations is an change in direction for Tanke Biosciences, which was previously limited to energy monitoring
business, based upon as part of an initiative to redefine the Company’s core strategic direction, and then build the core products, services,
tools, systems and infrastructure in support of that new company mission statement. The initiative was driven by the Brand Craft
Holdings team which delivered their recommendations for a revised business structure and approach which was approved by both the
Tanke Biosciences management and Board in the fourth quarter of 2024, for implementation in the first quarter of 2025.
The recommendations entailed pivoting the Company into a diversified company structure focused on participating in early stage
companies that are leading edge in their respective, addressable markets. As such, the management, Brand Craft Holdings and the Board
of the Company are implementing a structure which enables identifying and supporting entities that are leading edge in their respective
market niches, and that have expectations of enhancing shareholder values through scalable and sustainable revenue growth and enhanced
profitability. Our support will include both organizational expertise and capital infusion, focused on the design, implementation and
execution of scalable, efficient and effective operating infrastructures with swift going to market motions to drive revenue and profits. In
addition, it included divesting the current energy monitoring operations, as that was no longer a fit or focus for the company.
The Brand Craft Holdings team initiated the implementation of the new strategy and approach in Q1 2025, initially identifying the
management team with industry, functional and regulatory experts who will begin identifying target portfolio companies..
To drive the implementation of our strategy, in Q1 2025, TNBI engaged Vincent Renz as its new Chief Executive Officer and appointed
him to our Board of Directors. Mr. Renz brings over 30 years of leadership experience at C-Suite level, having served as CTO of
eResearch Technology, CEO/COO of NewCardio, Inc, COO of Clinphone, Sr. Vice President, Client Services of Computron Software.
Mr. Renz has served most recently as the President and Founder of Straight4ward Advisory Services – a boutique professional services
company. He is experienced with driving significant value creation for shareholders and delivering on both turnaround and growth
strategies.
Additionally in Q1 2025, TNBI appointed John Hopkins as Executive Chairman of our Board of Directors. Mr. Hopkins brings a wealth
of executive leadership experience across finance, strategic planning, and corporate transformation. He began his career as an audit
manager at Coopers & Lybrand (now PwC) before transitioning to Arco Chemical Company, where he played a key role in re
engineering the organization through various controller, planning, and treasury positions until its acquisition. He then served as Vice
President, Controller, and Head of Finance at Cambrex Corp, a life sciences company based in New Jersey. Mr. Hopkins’s first CFO
appointment was at Measurement Specialties, a leading designer of sensors and sensor-based consumer products. Joining during a critical
SEC investigation, he successfully led the financial restructuring efforts, returning the company to profitability.
Further, an initial management advisory team, which will deliver extensive leadership, managerial, operational and technical experience
across multiple industries (i.e. healthcare, life sciences, government, financial services, enterprise software, manufacturing, distribution,
consumer products, medical devices, consulting services, etc.) and functional areas (i.e. sales, marketing, customer success, program
management, product development/management, information technology, quality/regulatory systems, partnerships, channel management,
etc.), has been identified and engaged. With these additions, the combination of TNBI’s current management, Board of Directors and
Brand Craft team bring decades of proven leadership expertise across multiple industry verticals and have successfully driven tangible
growth in organizations with a relentless focus on operational excellence.
The advisory team also initiated their due diligence review and analysis of the potential opportunities, which included three SaaS
technology platforms; a healthcare patient engagement platform which supports the entirety of one’s care journey to drive better
outcomes; a mobile first employee engagement and development platform focused on an underserved market - front line workers, and a
AI enabled platform which supports the hiring of veterans and their families to best leverage the skills and experiences gained while
serving in the military. At this time, we are actively engaged in discussions for defining potential operational support and capital infusion
to drive their next stage of revenue and profitability growth. If and when we enter binding letters of intent or definitive agreements with
any of these potential opportunities, we will publicly announce those milestones.
Given the decision that the current energy monitoring business was no longer a fit for the revised business strategy and operation. As
such, the company initiated steps to exit the energy monitoring business, which will be completed in Q2 2025. In addition, due to the
synergies developed between TNBI and Brand Craft Holdings, specifically the value the Brand Craft team will provide in realizing the
revised company strategy, the teams have agreed that a merger of the two companies would accelerate the value proposition driving the
revised business strategy. The planned merger will be completed in Q2 2025.
To summarize our business strategy and approach, TNBI as a diversified company committed to identifying and investing in companies,
in strategic and complementary vertical industries, with business models that have achieved “proof of concept” with their technology
platforms and revenue streams. Our team of seasoned operating managers will partner with the existing management to deliver cost
efficient, high quality and scalable operations.
They are putting together an amazing team. Huge stuff could come here soon. Read the annual report they want to do something new and big! True sleeper here! Will keep an eye on it for now.
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