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Tesoro Enterprises, Inc (TSNP)

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Last Post: 8/28/2015 11:31:25 AM - Followers: 319 - Board type: Free - Posts Today: 0

TSNP - Tesoro Enterprises, Inc.

Tesoro Enterprises, Inc. ("TEI") is a publicly traded holding company that currently focuses on the delivery of construction materials for the commercial and residential market places. 

TEI's retail flooring materials subsidiary, Fashion Floor Covering and Tile, Inc. markets and installs carpet, hardwood, vinyl and stone for internal and external applications.  FFC&T operates two retail stores in lower Fairfield County Connecticut.  Under a recently signed dealer agreement, Fashion Floors will be marketing fabricated stone fireplace facings, mantels and surrounds. 

Floor covering materials are also marketed by The Fashion Floor Annex, Inc., the company's electronic market place subsidiary.  The electronic channel features an online store that can be reached from this home page or directly by going to the company's e-commerce web site, www.stone-tile-showroom.com.

 

2015 Summary:

Apr 4, 2015  - Tesoro Enterprises, Inc posts annual financial report (posted to OTCMarkets) - "Revenue for the twelve month period ended December 31, 2014 was $390,779 compared to $319,488 for the twelve month period ended December 31, 2013, an increase of $71,291 or twenty-two percent. Company CEO, Henry Boucher, commented that while the net income was marginal, it was significant, as it is the first year the company has closed a year with a net profit."

May 15, 2015 - Quarterly report states "As of May 15, 2015, the free trading shares (public float) were 3,635,754,513."

Jun 19, 2015  -  Tesoro Enterprises, Inc. signs Supplier Agreement (posted to OTCMarkets) - first mention of Wayfair

Jun 26, 2015 -  Update of June 19, 2015 Press Release (posted to OTCMarkets) - Update from ceo about wayfair

Jul 20, 2015 -  Tesoro Enterprises, Inc. Announces That It Has Gone Live on the Wayfair.com's eCommerce Site (first real PR) - 47 Products currently on Wayfair.com - 1500 SKU's heading to Wayfair in the coming months

 

Share Structure as of 5/15/15:

(unchanged for 4 years!)

Shares Authorized:5,000,000,000
Outstanding: 4,510,379,108
Trade-able Float: 3,635,754,513

 

Dilution?:

          In the June 26th press release, the CEO wrote the update as a Q & A, here is one excerpt:

Q. Is there any share dilution occurring?

No, the company has not issued any new common shares or any convertible securities in over 4 years.
The issued and outstanding, except for share purchased back by the company for the treasury,
has not changed. Please review the filed financial statements on the OTCMarkets.com web site.

 


Wayfair Link:

http://www.wayfair.com/Tesoro-B37430.html
 

More background info from 5/15 financial report:

Through its wholly owned subsidiaries FFC&T and FFA, TEI markets and sells carpet, rugs, wood, ceramic and porcelain tile and natural stone materials for floor and wall covering.  FFC&T sells and installs these products to retailand commercialcustomers, do-it –yourselfers and building contractors.  Approximately 70% of FFC&T’s sales include installation labor.  For twenty-five years prior to its acquisition by TEI, FFC&T operated out of a single location.  In November 2011, the FFC&T opened a second retail location in Wilton, CT.  This  location became fully operational in December2014.  On October 30,2013, the Company closed the original Wilton, CT store and now operates out of one location.  The store servesthe surrounding counties of Westchester and Putnam, New York and Fairfield and Litchfield, Connecticut.  Repeat customers include owners of multi-family rental homes, small apartment complexes and small commercial office buildings.  The current mix of business is approximately 30% commercial and 70% residential.


Other Links:


http://www.tesoroenterprises.us/

http://www.otcmarkets.com/stock/TSNP/news

 

http://tesoroenterprises.us/fashionfloor/

http://www.fashionfloorcoveringandtile.com/





 
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PostSubject
#20458  Sticky Note TSNP Announces Six Month Ended June 30, 2015 Financial raangel 08/25/15 04:10:13 PM
#19473  Sticky Note Important, with TSNP… stervc 06/22/15 01:53:00 PM
#20483   Lol at this point no. I'm all out Prudent1 08/28/15 11:31:25 AM
#20482   You got a better idea?!? Lol jimmirehman 08/28/15 10:29:40 AM
#20481   I don't think pleading with it is going Prudent1 08/28/15 09:13:59 AM
#20480   Please... jimmirehman 08/28/15 08:12:44 AM
#20479   A key part of the July 20 PR: JPS02 08/27/15 08:05:38 PM
#20478   Over a month on wayfair and still no Prudent1 08/27/15 03:35:17 PM
#20477   Called it...pay the winners Prudent1 08/27/15 12:12:29 PM
#20476   Who's ready for NO BID, NO VOLUME again! Prudent1 08/26/15 03:13:57 PM
#20475   Yes. Everything is coming together very nicely here. raangel 08/26/15 10:39:16 AM
#20474   It appears $TSNP may have a future ahead. Sonic Boom 08/26/15 07:38:09 AM
#20472   speak on behalf of yourself.. period uncommoncents 08/26/15 12:59:41 AM
#20471   http://www.prnewswire.com/news-releases/tesoro-enterprises-inc-announces-the-release-of-six-month-en JPS02 08/25/15 07:53:32 PM
#20470   TSNP is moving in the right direction! raangel 08/25/15 06:04:05 PM
#20469   My apologies. I'll speak on behalf of those Prudent1 08/25/15 05:55:10 PM
#20468   MONSTER!!! FLAT OUT SAID NO R/S COMING!!!! pooch22nyc 08/25/15 05:52:32 PM
#20467   Please don't speak on behalf of all Shareholders. raangel 08/25/15 05:47:29 PM
#20466   I've said it before and I'll say it Prudent1 08/25/15 05:32:02 PM
#20465   when did they do that? Merkava 08/25/15 05:32:00 PM
#20464   I believe so Merkava 08/25/15 05:30:54 PM
#20463   This was it? Prudent1 08/25/15 05:29:29 PM
#20462   its looking good TSNP!!! Merkava 08/25/15 05:27:08 PM
#20461   Here Merkava 08/25/15 05:27:07 PM
#20460   That news release is nothing to write home Prudent1 08/25/15 04:35:10 PM
#20459   TSNP Announces June 30, 2015 Financial Report raangel 08/25/15 04:13:37 PM
#20458   TSNP Announces Six Month Ended June 30, 2015 Financial raangel 08/25/15 04:10:13 PM
#20457   Maybe they know something we don't Prudent1 08/25/15 03:07:18 PM
#20456   but earlier...someone wanted in even more badly lol uncommoncents 08/25/15 03:03:39 PM
#20455   Because it's the next Google of the flooring Prudent1 08/25/15 02:58:15 PM
#20454   Then why is it sitting at no bid? ComeWhatMay 08/25/15 02:41:15 PM
#20453   Someone wanted out badly Prudent1 08/25/15 02:40:28 PM
#20452   $TSNP IS EVERYWHERE =$$$ SALES FORECAST MIGHT BE MASSIVE: VMB-1 08/25/15 01:33:16 PM
#20451   $TSNP LOI MERGER & NYSE $3B WAYFAIR Inc VMB-1 08/25/15 01:30:04 PM
#20450   agreed jcort 08/25/15 11:02:56 AM
#20449   We need sustained daily trading at 2s not Prudent1 08/25/15 10:59:22 AM
#20448   well its gonna take at least 4,600,000 cents jcort 08/25/15 10:41:45 AM
#20447   if the .0002's start going on heavy volume jcort 08/25/15 10:28:11 AM
#20446   Volume coming in... timmage 08/25/15 10:26:59 AM
#20445   I get what you're saying but it's significant itrader42 08/25/15 10:22:43 AM
#20444   Every cent is significant.. raangel 08/25/15 09:56:44 AM
#20443   a few dropped $4000 as a lotto play. jcort 08/25/15 09:45:40 AM
#20442   Including yesterday, total 30 day volume is 90.8 itrader42 08/25/15 07:39:06 AM
#20441   I do not see this moving anytime soon! Frankep92 08/25/15 02:06:14 AM
#20440   Where's the PR and sec filing you talked Prudent1 08/24/15 11:08:45 PM
#20439   June 18/15 CNBC interview with Wayfair CEO >> JPS02 08/24/15 09:20:04 PM
#20438   $TSNP a Matter of Time...this will MOVE. VMB-1 08/24/15 07:20:35 PM
#20437   Well duh...they'd have to buy the ask...doesn't get Prudent1 08/24/15 05:09:12 PM
#20436   15:48:05 - All at the .0001 ASK Price Dspetry 08/24/15 05:04:31 PM
#20434   Don't think there's any more room to RS. Prudent1 08/24/15 05:00:04 PM
#20433   Prudent1 maybe a reverse split? ..... Merkava 08/24/15 04:53:42 PM
#20432   Interesting.... Merkava 08/24/15 04:50:51 PM
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