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Tesoro Enterprises, Inc (TSNP)

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Last Post: 8/3/2015 6:27:03 AM - Followers: 317 - Board type: Free - Posts Today: 1

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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#20121  Sticky Note 7/20 - Tesoro Announces It Has Gone Live dblock110 07/20/15 11:26:15 PM
#19473  Sticky Note Important, with TSNP… stervc 06/22/15 01:53:00 PM
#19339  Sticky Note TSNP signs Supplier Agreement raangel 06/19/15 05:10:05 PM
#20253   Good Morning TSNP Merkava 08/03/15 06:27:03 AM
#20252   No problem. Just telling it how it is. Prudent1 08/02/15 10:51:38 PM
#20251   Thanks for the invite to TSNP...I appreciate realistic PEACHMAN 08/02/15 04:20:15 PM
#20250   We will see. I think big money is Prudent1 08/02/15 11:30:08 AM
#20249   $TSNP is DTC Setup already to BUYSHARES in VMB-1 08/01/15 09:47:07 PM
#20248   Haha sounds like hype talk as on every Prudent1 08/01/15 01:24:00 AM
#20247   Always funny to see the noobs who think timmage 08/01/15 12:19:10 AM
#20246   uhm yeah... it does. period. uncommoncents 07/31/15 11:31:37 PM
#20245   Uhm no...that doesn't just happen. This stock is Prudent1 07/31/15 07:49:50 PM
#20244   Somebody mentioned that news/pr would be released after Badgerland 07/31/15 03:01:32 PM
#20243   just a couple getting bored... happens :) uncommoncents 07/31/15 01:12:48 PM
#20242   Too many trying to sell here right now. jm101dm 07/29/15 01:58:01 PM
#20241   CEO said no R/S. there's revenues + income, dblock110 07/29/15 01:30:12 PM
#20240   **EVERYONE** REACH OUT TO THE CEO AND ASK VMB-1 07/29/15 12:57:35 PM
#20239   Guys we are so close!!!!!...to no bid AND Prudent1 07/29/15 11:22:01 AM
#20238   Let's get some volume firebird1988 07/29/15 10:23:34 AM
#20237   It will run . Might take few months firebird1988 07/29/15 12:23:03 AM
#20236   Seeing some twitter chatter, not a ton but timmage 07/28/15 07:34:08 PM
#20235   Thanks prudent, you are right on the money. 1999buellx1 07/28/15 01:44:25 PM
#20234   Same song and dance. Uptick on 2s in Prudent1 07/28/15 01:01:57 PM
#20233   Tossed a 100 bucks for 1M shares at robert90 07/27/15 03:48:52 PM
#20232   Now it needs to stick jimmirehman 07/27/15 12:51:55 PM
#20231   A multi billion dollor company won't deal with money-magnet 07/27/15 09:57:25 AM
#20230   Love the up tick DieselJoe 07/27/15 09:50:13 AM
#20229   Emailed the CEO. This is what he had Prudent1 07/27/15 12:05:59 AM
#20228   I EMAILED THE CEO: "We Already Have SALES VMB-1 07/25/15 03:06:19 PM
#20227   That is one of the questions I was fliboyz 07/25/15 02:25:28 PM
#20226   I've been loading over the past 2 years. Prudent1 07/25/15 12:55:27 PM
#20225   Agree. This stock has a large hill of timmage 07/24/15 11:52:05 PM
#20224   Personally I think peeps are still trying to RockstarStocks 07/24/15 11:00:30 PM
#20223   Where did everyone go? Anyone have some insight Prudent1 07/24/15 10:54:03 AM
#20222   It could very well happen at an Instance VMB-1 07/23/15 11:20:34 PM
#20221   TSNP-GREAT NEWS WITH WAYFAIR CO. THIS WILL RUN MrBoomtown 07/23/15 09:54:10 PM
#20220   We need a cattle prod, like projected revenues timmage 07/23/15 09:13:08 PM
#20219   just my opinion but: First they may have fliboyz 07/23/15 07:57:32 PM
#20217  Restored who knows? this is the POS penny casino. xZx 07/23/15 03:44:13 PM
#20216   And if they don't? DieselJoe 07/23/15 03:41:58 PM
#20215   if NITE lifts their 235M share block at xZx 07/23/15 03:41:17 PM
#20214   Quiet in here DieselJoe 07/23/15 03:29:09 PM
#20213   $TSNP-http://www.wayfair.com/Tesoro-B37430.html MrBoomtown 07/23/15 10:09:52 AM
#20212   $TSNP- huge variety of tile and flooring on MrBoomtown 07/23/15 10:09:05 AM
#20211   $TSNP-Wayfair.com > Browse By Brand > Tesoro MrBoomtown 07/23/15 10:06:04 AM
#20210   on wayfair, no dilution/conversion, yet ihub asleep on koolmc 07/22/15 10:27:47 PM
#20209   NICE DAY HERE!~ SPARK 07/22/15 10:07:07 PM
#20208   yep..the ole back/forth before the big go forth..:) uncommoncents 07/22/15 09:49:47 PM
#20207   Awesome analysis. I think we have something special timmage 07/22/15 09:27:03 PM
#20206   Nice close here. timmage 07/22/15 08:56:14 PM
#20205   NICE POST! We'll MOVE w/$3B NYSE WAYFAIR Behind VMB-1 07/22/15 08:12:49 PM
#20204   A key part of the July 20 PR: JPS02 07/22/15 06:32:02 PM
#20203   as soon as NITE gets off the ask xZx 07/22/15 05:44:03 PM
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