Tesoro Enterprises, Inc., (PINK:TSNP) Has Gained As Much As
9,130.77% In The Past Three Weeks. This Is The Full Timeline
Of How This Happened And What To Expect Next.
Tesoro Enterprises, Inc., (PINK:TSNP) closed up another 161.62% to $.10805 this past Friday, and saw dollar volume of more than $55 million. At the high of the day at $.12 TSNP had gained as much as 9,130.77% over the course of just three weeks. Also of note, is that within that time period, there have only been three days in which TSNP has seen a close down in price, while most other days have netted substantial gains, often of more than 100% each. This incredible run has proven TSNP to have been one of the most powerfully traded penny stocks on the OTC Market, over the course of these past few weeks. Even more notable, is that TSNP has been one fastest gaining stocks of this entire year, across all markets, including the NASDAQ, NYSE, American Stock Exchange (Amex), and others.
We began our steady stream of TSNP alerts, with our first TSNP alert that was posted publicly on November 11th 2020, after it closed at $.0033. In that stock alert and within a steady stream of alerts since then, we have mentioned each time that TSNP was a rare alert in that it was not a pick that was released to our Platinum Members as a full-scale newsletter release in advance. We originally intended to release TSNP as a private alert just for our Platinum Members on the morning of November 10th 2020, when it was trading at $.0013 but at the last minute we chose to hold off on doing so, because the entire team was too exhausted from researching potential penny stock picks throughout the night. We hoped to wait one extra day before the run began and then it surged up nearly 100% or more that day and nearly each of the five trading days afterward. Even without TSNP, we are still proud to be able to mention that the stock picks that we have sent to our Platinum Members have gained 6,349.6% combined so far this year. But needless to say it is still disappointing that we neglected to release TSNP as planned.
With the following information contained in this release, we are going to provide a massive combination of all of our prior TSNP info drops and also new news that has come from the company. This will be a full time-line of all events explaining how TSNP's run came to be and also forward looking events expected from the company:
October 8th 2020: Tesoro Enterprises, Inc., Announced That It Signed A Non Dsiclosure Agreement (NDA):
On November 8th 2020, TSNP filed a news release, announcing that the company had signed a Non Disclosure Agreement (“NDA”). The company did not go into any details about the NDA because, well, “non disclosure.” Regardless, of the lack of further details this immediately began to spark investor interest in what might be upcoming as details emerged.
October 28th 2020: TSNP Announced That The Company Hired Former OTC Markets Group Consultant, Mr. George Sharp, As An Advisor.
In our last TSNP news update we mentioned that on October 28th 2020,the company released news revealing that it had retained micro-cap analyst and former consultant to OTC Markets Group, Mr. George Sharp as an advisor. The news release stated that Mr. Sharp is “advising Tesoro on its strategy to increase shareholder value by identifying potential acquisition targets and has already introduced interesting possibilities to the company.”
The addition of Mr. Sharp an an advisor was a key tactical move due to his expansive expertise with the OTC Market and seemed to move things along quickly because just over a week after that announcement on November 6th 2020 TSNP released news announcing that the company has become party to a binding purchase and sale agreement.
November 6th 2020: TSNP Announced That It Had Entered Into A Definitive Purchase And Sale Agreement:
Tesoro Enterprizes Inc., announced that it had entered into a binding purchase and sale agreement between two current shareholders. The news update went on to say that if the purchase agreement was completed, the company had agreed to make structural and organizational changes that were expected to positively impact shareholder value.
Mr. Sharp Made Clear That The Merger Deal Was Expected To Be Announced On The Morning Of November 12th 2020 And He Was Absolutely Correct. The Deal Was Announced As Expected, Causing A Continuation Of The Run:
Mr. Sharp sent a series of tweets before and during the week of November 9th 2020, that showed his staunch belief in the strength of the coming merger and the legitimacy of Tesoro Enterprises, Inc. In one such tweet Mr. Sharp stated that the planned merger would prove this company to be a true standout in comparison to the shady merger practices of other companies that trade on the OTC Market. Mr. Sharp also sent a tweet stating that the merger was expected to be fully announced on the morning of November 12th 2020 and he was absolutely correct.
November 12th 2020: TSNP Officially Announced That The Merger Would Be Completed With HUMBL, LLC., An International Payments FinTech Company:
In the news announcement on November 12th 2020, Tesoro Enterprises, Inc (OTC PINK:TSNP) announced that it would merge with HUMBL, LLC (“HUMBL”) as an all-stock transaction. Once combined the company would be known as HUMBL, Inc., and would aim to file an application with the financial Industry Regulatory Authority (“FINRA”) for a change of the issuer's name and ticket symbol. The press release also went on to state that the new HUMBL, Inc., would immediately begin the process of becoming fully transparent with audited financial statements filed with the SEC, beginning with financial for the full year ended in 2020.
According to the news release the founder of HUMBL, Mr. Brian M. Foote would become the CEO of the newly merged entity because he has acquired the controlling block of voting shares.
The news update had this to say about HUMBL:
“HUMBL is comprised of team members from companies like Western Union, Moneygram, Visa, American Express, Epson, Microsoft, Facebook and Qualcomm and was recently named a Forbes “Rising Startups to Watch” in June 2020 for recognizing the “major gap between the US and emerging markets regarding mobile payments.”
HUMBL has designed a mobile wallet (HUMBL®) and merchant software (HUMBL Hubs™), that help primarily cash economies migrate to digital money services across key vertical markets, such as: government, banking, wireless carriers and merchant services. HUMBL’s global money platform will deliver up to 50% estimated savings on transactions such as: sending, receiving, lending, borrowing, investing money and paying bills.”
November 13th 2020: TSNP Filed A News Release Announcing That The Company Would Retire 551,669,335 Common Shares:
On November 13th 2020, TSNP released a news update announcing that the company would retire 551,669,335 common shares. These shares were surrendered by the President of Tesoro Enterprises, Mr. Brian Foote, after he had acquired them from the prior Tesoro President. The retirement of these shares brings the total outstanding share count of TSNP down to 3,996,709,773 . This major announcement got the ball rolling even faster with regard to price growth, because reducing outstanding shares bring immediate relief allowing for faster price movement on buys and sells. All traders should review our tips for penny stock trading for a more detailed understanding of how reducing outstanding shares was able to make the rise of TSNP even faster.
November 17th 2020: TSNP Released News Stating That The Companies CEO And President Agreed To Lock $10 Million Worth Of Shares Out Of Trading Circulation, That He Purchased On The Open Market. This Is On Top Of The 551 Million Shares Slated For Retirement:
TSNP released a press release on November 17th 2020, stating that the companies President and CEO, Mr. Brian Foote, agreed to convert almost 318 million outstanding shares that he recently purchased in the retail market, into a new class of preferred shares. The conversion is planned to be completed after the completion of the planned merger between Tesoro Enterprises, Inc., and HUMBL LLC. Once completed, that would mean that a total of 860 million outstanding shares would have been taken out of trading circulation since the time that Mr. Foote became the new President of Tesoro Enterprises, Inc.
November 19th 2020: Tesoro Released News Revealing That HUMBL And Bexs Bank Have Begun A Pilot Program For Expanded, High Speed Digital Payments Between The U.S. And Latin America:
On November 19th 2020, TSNP released a news update announcing that HUMBL and Bexs Bank agreed to a joint venture, seeking to “expand their digital customer and merchant services divisions between the United States and Latin America.” The goal of this platform will be to reduce the costs of payments and also to increase the speed at which transactions can be completed.
The news release went on to say that Bexs Bank is headquartered in São Paulo, Brazil and processes about $7.6 billion per year worth of international transactions.
Upcoming Information: HUMBL Recently Updated It's Website With An Announcement Of An Upcoming Conference Call On December 9th 2020:
HUMBL updated its website to showcase the fact that there is a planned conference call set for December 9th 2020, in which the company will provide investors and anyone else that tunes in, with key information on current business and future plans. This upcoming call has energized many TSNP investors with outflows of positive sentiment on Social Media, investment forums, and blogs, with public outpourings of sentiment believing that the call could prove to be another catalyst for price per share growth. All who are interested can register for the conference call here: https://www.humblpay.com/investors/registration-page-investor-call
The steady flow of incredible news releases that have been coming from TSNP, has truly captured the attention of OTC Market investors, allowing for an incredible increase in trading activity. To see over $55 million with of trading action on TNSP this past Friday, so soon after it had opened at just $.0013 just a few weeks ago has been truly impressive and of course makes us regret even more, that we did not follow through on our initial plan to release TSNP to our Platinum Members on November 10th 2020. Even without TSNP though, the picks that we have released to our Platinum Members so far this year, have seen absolutely incredible combined gains, so things have still been incredibly bullish for our penny stock service. Remember to continue to keep an eye on our stock blog for penny stock news updates on TSNP and numerous other penny stock picks that we will be reviewing. We keep up with many of the day to day changes seen within the market and aim to focus on the most impressive companies on the OTC Market.
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