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Tesoro Enterprises, Inc (TSNP)

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Last Post: 4/20/2016 7:49:50 PM - Followers: 300 - 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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#21193  Sticky Note See post 21188 Prudent1 02/18/16 04:37:59 PM
#21528   Good luck. Let us know how it went Prudent1 04/20/16 07:49:49 PM
#21527   Ya never know until you try. Ill be fullyblown1 04/19/16 05:09:44 PM
#21526   I'm sorry for negative here but what are Prudent1 04/19/16 02:14:01 PM
#21525   I should be there the first part of May fullyblown1 04/18/16 09:27:09 AM
#21524   Did you go see him? yavich 04/14/16 02:44:45 PM
#21523   This is DEAD. The sooner you can accept Prudent1 04/13/16 07:37:24 PM
#21522   Even another one HNS* goes up. yavich 04/13/16 06:18:00 PM
#21521   Shouldn't Facebook make Bud Boucher as their CEO? yavich 04/13/16 03:19:03 PM
#21520   no bid is the way to go.....yes......bid sucks...... yavich 04/13/16 03:18:19 PM
#21519   Even a bloated pig like bld* is moving. yavich 04/13/16 01:10:53 PM
#21518   ~Sounds Good, Wayfair, Mergers, *Buy Back*...He Needs to VMB-1 04/12/16 07:14:14 PM
#21517   Another phenomenal trading day at TSNP! Look at Prudent1 04/12/16 04:47:26 PM
#21516   We've been through that before. The CEO only Prudent1 04/11/16 05:22:44 PM
#21515   There's a possibility that I will be near fullyblown1 04/11/16 12:41:21 PM
#21514   yes...carpet sucks...tile is the way to go uncommoncents 04/11/16 12:08:18 PM
#21513   So does anybody have any update or new information? Merkava 04/11/16 11:23:29 AM
#21512   Phenomenal volume here today? Can't believe all the Prudent1 04/08/16 06:57:21 PM
#21511   About as much as what I have in Prudent1 04/07/16 05:29:33 PM
#21510   2 of my buddies have over 5-7k in dreamcar88 04/07/16 11:06:45 AM
#21509   Ha...hahaha...hahahahahahaha! Prudent1 04/06/16 11:41:19 AM
#21508   Not even a single new poster on this yavich 04/05/16 11:28:38 PM
#21507   It never did.... yavich 04/05/16 11:24:43 PM
#21506   Yrs even today. It's not time travel. It yavich 04/05/16 11:22:14 PM
#21505   Really? yavich 04/05/16 11:14:24 PM
#21504   Bud why are you being so ruthless?!!!!! yavich 04/05/16 11:11:26 PM
#21503   I really have to sell my shares. Help yavich 04/05/16 11:09:00 PM
#21502   No bid basically cant sell em till a MrK 04/05/16 11:08:58 PM
#21501   How can I sell my shares of nothing yavich 04/05/16 11:06:54 PM
#21500   I don't think so lol MrK 04/05/16 11:05:48 PM
#21499   14 days? It's been 6 months!!! yavich 04/05/16 10:59:13 PM
#21498   Mr. K anything on this? yavich 04/05/16 10:58:27 PM
#21497   We got scammed here? yavich 04/05/16 10:57:46 PM
#21496   You still in? yavich 04/05/16 10:57:12 PM
#21495   Nothing is happening!!!!! yavich 04/05/16 10:56:21 PM
#21494   Exactly lol yavich 04/05/16 11:26:08 AM
#21493   Keep telling yourself that. Whatever makes you feel Prudent1 04/05/16 10:59:01 AM
#21492   I knew it. You were that Shiva Shortie yavich 04/05/16 07:31:01 AM
#21491   Why would I have to prove myself? I'm Prudent1 04/05/16 01:25:05 AM
#21490   I knew you were full of it. Prudent1 04/04/16 09:05:04 PM
#21489   Made my day yavich 04/04/16 09:04:50 PM
#21488   LMAO!!!!! yavich 04/04/16 09:04:36 PM
#21487   Put your cell number on here and I'll Prudent1 04/04/16 09:01:36 PM
#21486   Ok use this: http://imgur.com/ yavich 04/04/16 08:21:56 PM
#21485   Ihub won't let you import pics or I Prudent1 04/04/16 08:20:02 PM
#21484   That's it? Or the usual line - I yavich 04/04/16 07:47:31 PM
#21483   Take a screen shot and prove that you yavich 04/04/16 07:36:05 PM
#21482   OK. Prove it. Take a screen shot. yavich 04/04/16 07:35:38 PM
#21481   Well...lets hope it happens again so I can Prudent1 04/04/16 07:34:46 PM
#21480   Why do you keep posting about companies that Prudent1 04/04/16 07:34:11 PM
#21479   Neither. I own millions of these worthless shares. Prudent1 04/04/16 07:33:30 PM
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