HUMBL Inc (HMBL)

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Second Quarter Financial Statements

August 8, 2014
Tesoro Enterprises, Inc. (TSNP) today published it's Financial Statements for the six month period ended June 30, 2014. The results of operations were generally in line with the preliminary results issued on July 25, 2014.
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Preliminary earnings report for three month period ended June 30, 2014

July 25, 2014
Tesoro Enterprises, Inc. (TSNP) issued preliminary financial performance information for the second quarter of 2014. Revenue for the three months ended June 30, 2014 was approximately $72,500, an increase of approximately $53,000, or 200%, over the revenue reported for the three months ended March 31, 2014 of $18,962. Net Income, before income tax, for the three months ended June 30, 2014 was approximately $3,900, an increase of approximately $26,758 over the Net Loss of ($22,858) for the three months ended March 31, 2014.

Company CEO, Henry J. Boucher, said that the improved performance of the company is the result of the replacement of the closed retail store in Wilton, CT with the acquisition of JZM electrical contractors, the increased in sales in the New Canaan, CT store and the reduced overhead of the retail store.

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