What is it? I dont know lol
Tesoro Enterprises is a clean shell trading on the Pink Sheets.
Its kinda like a SPAC
WolfofSPACStreetBullish02:20 PM$TSNP for the newbies here, read this piece. Mentioned in the same article as $NKLA, $LCA, and $FSR. “While many investors are chasing SPAC deals on the NASDAQ and NYSE priced over $10, the TSNP HUMBL deal is under five cents. The upside in TSNP HUMBL far outweighs any SPAC deal investors are chasing on the Big Boards.” The only problem you’re going to have is that you didn’t buy more, sound fair enough?! marketwatch.com/press-relea…
Tesoro Enterprises, Inc. to Merge with HUMBL, LLC – A Global Payments and Financial Services Network
San Diego, CA, Nov. 12, 2020 (GLOBE NEWSWIRE) — Tesoro Enterprises, Inc. (OTC Pink: TSNP) (“Tesoro”) announced today that it has entered into an agreement with HUMBL, LLC (“HUMBL”) to merge the two entities. In an all-stock transaction, the members of HUMBL will receive preferred shares of Tesoro in exchange for their HUMBL holdings.
Tesoro, the surviving entity, will be renamed “HUMBL, Inc.” and following an imminent redomiciling of the corporation to Delaware, an application will be filed with the Financial Industry Regulatory Authority (“FINRA”) for a change of the issuer’s name and symbol. The company will almost immediately begin the process for becoming an SEC filer and provide audited annual financials beginning with yearend 2020.
Consummate with the transaction, HUMBL, Managing Member and Founder, Brian M. Foote has acquired the control block of voting shares and a significant number of common shares from outgoing Tesoro President, Henry Boucher.
The Board of Directors has installed Mr. Foote and HUMBL associate, Jeffrey Hinshaw, as directors of Tesoro and to the officer positions of President and Secretary, respectively. In addition, Adam Wolfe has been named Chief Technology Officer, Michele Rivera has been named Vice President, Global Partnerships, and a director and Karen Garcia will become Vice President, Major Accounts.
Mr. Boucher has resigned all officer and director positions with Tesoro and the company thanks him for his careful guidance. All liabilities of the company to date were settled by Mr. Boucher prior to his resignation.
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.
Brian Foote is the CEO, President and a founder of HUMBL and brings with him twenty years of consumer technology experience, having launched a number of top ranked global technology products at companies like Epson, where he was twice named to the Innovators Team Award for his work across merchant partners such as Amazon, Walmart, Costco, Target and Best Buy. Mr. Foote is a graduate of University of California at Los Angeles (UCLA) and is certified in blockchain, digital media and social media from Massachusetts Institute of Technology (MIT).
Jeff Hinshaw, MBA guides the daily financial and operational components of HUMBL, working with internal team members and external agencies on accounting, compliance, project management and financial accounting of the company. Jeff brings experience from roles in finance, operations and corporate strategy at Hewlett-Packard and Sempra Energy. He has served as a guest lecturer at San Diego State University (SDSU), where he was a member of the Aztec Equity Fund endowment steering committee and a mentor at the SDSU Lavin Entrepreneurship Center.
Adam Wolfe leads the technology deliverables of the company, bringing over a decade of experience in fintech, payments and blockchain engineering. Adam is a specialist in Cross-Platform Mobile Applications, Web Development, Java Script, Angular and Payment Cloud architectures that are required for HUMBL® and HUMBL Hubs™ product lineup. His technology background previously was in hybrid Information Technology and engineering roles at Qualcomm and PowerFleet.
Michele Rivera manages corporate sales for the Latin America region, as well as channel sales partners in government, banking, wireless and retail merchants in Africa, Caribbean and Asia Pacific. She brings with her national retail and sales training experience from The Walt Disney Company and Williams-Sonoma.
Karen Garcia manages major accounts in Latin America. She will also be working with major accounts in Africa, Caribbean and the Asia Pacific and is developing an extensive regional affiliate program in these markets. She received her corporate training at Nordstrom, Eddie Bauer and L Brands across functions such as vendor management, purchasing and key accounts.
The merger is being shepherded by well-known OTC Markets analyst, George Sharp, who brought the parties together and has provided valuable advice on strategies and compliance to complete the transaction.
An investor call, tentatively scheduled for December 9, 2020, will be held to introduce HUMBL to investors and shareholders and provide further insights for the public about HUMBL’s mission, positioning and corporate partnerships. The precise logistics of the investor call will be announced soon.
The mission of HUMBL® and HUMBL Hubs™ is to deliver high quality, low cost digital payments and financial services. The HUMBL network was designed to disrupt entrenched regional banks, wire services and roadside finance providers in emerging markets such as Latin America, Caribbean, Asia and Africa to help reduce costs and improve settlement speeds for customers.
HUMBL maintains offices in San Diego (HUMBL – North America), Mexico (HUMBL – Latin America), Miami (HUMBL – Caribbean and Africa), and Singapore (HUMBL – Asia Pacific and Oceania Region) and has created a global network of regional affiliates, who stand ready to implement sales and marketing programs in these corridors.
The HUMBL® Mobile App delivers borderless transactions, by integrating multiple currencies, payment methods, banks and financial services providers into one-click for the customer. HUMBL® provides greater access and portability than US only mobile wallet providers, such as Venmo® and Zelle®.
For those customers without a smartphone, HUMBL Hubs™ will allow participating merchants to deliver contactless payments, text ordering and money services across the full pyramid of end-users in these markets.
“We didn’t build HUMBL for the 450 million digital customers using Apple Pay®, but for the 7 billion people for whom money has a totally different set of global pathways, access points and cost structures,” according to the CEO of HUMBL, Brian Foote.
The HUMBL corporate website features global brand videos, product tours, market research, white papers and network architecture at www.HUMBLpay.com.
Who is HUMBL ?
Earlier this week, the company announced that it partnered with Singapore’s Cyberbeat and made an investment in HUMBL LLC. It is a major deal for Tesoro and its decision to team up with Cyberbeat, a well known Fintech company, could prove to be an excellent move.
The investment has been made entirely in cash from Tesoro and Cyberbeat. By way of the agreement, Cyberbeat is going to get the non-exclusive rights to use, distribute, and sell technologies created by HUMBL and HUMBL Hubs. The operations are going to be based in the dynamic Asia Pacific region and are going to commence in 2021.
Moreover, HUMBL is a large company and some of the areas in which it is involved include national payment services, banks, and financial services among others. Cyberbeat seeks to leverage its presence in the Asia Pacific region and bring those services to its pool of clients.
It is not really a surprise that there is such excitement about the fact that Tesoro managed to become a part of this transaction. This investment will also provide HUMBL with the opportunity to take its products to far bigger markets like those in Vietnam, Nepal, Myanmar, and India among others.
Chief Executive Officer, President
Brian Foote is the founder of HUMBL and leads the daily operations of the company. Brian brings with him twenty years of consumer technology experience, having launched a number of top ranked global technology products across brand, market research, strategy and channel sales at companies like EPSON, where he was twice named to the CEO Innovators Award for his cross-functional work on consumer technology lineups that went to #1 in the world in sales in their respective categories.
Brian is a former Sr. Vice President of a consulting firm in Silicon Valley, and has worked with Fortune 500 clients and merchants like Amazon, Best Buy, Costco, Walmart and Target to drive channel and merchant product sales, which led him to develop his market research around HUMBL and HUMBL Hubs consumer and merchant software products in the emerging markets.
Brian performed his education at University of Pennsylvania (PENN), where he was named an All-Ivy League athlete. He then transferred to University of California at Los Angeles (UCLA) where he completed his degree and was on an NCAA Final Four soccer team. Brian holds certifications in blockchain payments, digital and social media at Massachusetts Institute of Technology (MIT).
Brian was recently featured in Forbes as the CEO of a Startup to Watch in 2020 and as a featured speaker surrounding the positive impact of HUMBL digital payments, cross-border remittance and lending on Asia Pacific and Oceania Region on Government Programs and National GDP’s in conjunction with the UN 2030 Agenda.
“We didn’t build HUMBL for the 450 million digital customers using Apple Pay®, but for the 7 billion people for whom money has a totally different set of global pathways, access points, and cost structures,” according to the CEO of HUMBL, Brian Foote.
The Team is a Actually pretty good.
Western Union, Moneygram, Visa, American Express, Epson, Microsoft, Facebook and Qualcomm
How about more News
HUMBL® Mobile App and HUMBL Hubs™ Merchant Solutions Deliver Successful Pilot Transactions Between United States and Mexico
Tesoro Enterprises, Inc.
San Diego, California, Dec. 01, 2020 (GLOBE NEWSWIRE) — Tesoro Enterprises, Inc. (OTCMKT: TSNP) announced today that HUMBL® has delivered its first live transactions in the Mexico market. The event was recorded during the production of a HUMBL brand video in the Baja California border region over the weekend.
“HUMBL® was born here in the border region of the San Diego and Mexico, specifically because of the problems families regularly experience when moving and using money across borders. The current options are expensive and inefficient,” said Michele Rivera, HUMBL Vice President of Global Partnerships.
“Unlike US only mobile wallets like Venmo® or Zelle,® we designed HUMBL® so that it can go along with customers and merchants into places like Latin America, enabling them to transact with each other seamlessly in the new digital economy.”
HUMBL commissioned a video crew to walk-through the variety of market problems that it is addressing with its design of HUMBL® mobile wallet and HUMBL Hubs™ merchant solutions in the United States and Baja California, Mexico.
In the HUMBL brand video, which will be premiered at the Dec. 9 investor call, beta testers are seen transacting within the HUMBL® mobile wallet to digitally send, receive and exchange currencies across the border; as well as paying, tipping and transacting with merchants.
In addition, HUMBL® showcases financial technologies such as USD Stablecoins, which enable Latin American customers to avoid domestic currency fluctuations, by holding their money in US dollars on the blockchain in the HUMBL® mobile wallet.
The company also demonstrated its HUMBL Hubs™ Point of Sale (POS) solutions for merchants in Mexico, designed to assist millions of “Cash Only” Latin American merchants with a seamless migration to the digital economy.
HUMBL Hubs™ enables merchants to accept major credit cards such as Visa, Mastercard and American Express via its contactless “Point and Pay” solutions, as well as text orders, mobile payments, tipping, local deals, ratings and reviews.
“HUMBL® instantly makes life easier for me, my business and my customers here in Mexico,” said Fernando Cuevas, Founder of Tours in Baja, a HUMBL® pilot test partner and a lead affiliate sales representative in the region.
“Being able to pay people for goods and services digitally with HUMBL®, enables my customers to spend more time enjoying their trips, and less time seeking out ATM’s and cash payment options everywhere we go.”
As reported on November 11, 2020, HUMBL, LLC is merging with Tesoro Enterprises. The merger process is well underway and expected to be completed in the coming days. The surviving Delaware corporation will be known as HUMBL, Inc.
Near Term Catalysts
Thu Dec 3, 2020 / 8:54 AM EST
S&P Dow Jones Indices to launch cryptocurrency indexes in 2021
FILE PHOTO: Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken taken March 13, 2020. Reuters/Dado Ruvic/Illustration/File Photo
LONDON (Reuters) – S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Thursday that it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class.
The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than 550 of the top traded coins, the companies said.
S&P’s clients will be able to work with the index provider to create customized indices and other benchmarking tools on cryptocurrencies, S&P and Lukka said in a joint statement.
Super secret for our patreons only, also been doing crazy ups on some plays