Market is being manipulated higher as big money is pulling out ahead of a looming huge crash. That is what I see. (8/2/12)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The TSRD bomb is about to explode
Some of the TSRD bid builders gonna wish they had been ask slappers in about 30 minutes. :)
TSRD gonna have lots of chasing goin on soon.
TSRD is a ticking time bomb
Smart move
Yep. All hands on deck for the ship of TSRD. About to sail.
TSRD is a beast in the making
Agree 100% on TSRD.
Bid chasing and stacking. Getting tighter here all the time.
TSRD bid stacking and chasing. About to go bonkers here.
TSRD share structure getting tighter and tighter
TSRD -- ready to pop
I agree on TSRD. Blue skies ahead.
TSRD great entry here. Looking good
TSRD launch ready. SHares are tight
I just saw that #8. NICE. Great group of traders around here and all making money. No reason not to be high, right? :)
#2 breakout board. NICE
iBox looks really good man.
TSRD looking strong az. Nice update on their iBox by the way.
TSRD been building for 2 days. Pressure cooker ready to explode. Don't miss it.
Anyone play either of these Qs yesterday? WOW
TSRD....all systems go here HOVA!!! I look for a thunderstorm.
73 boardmarks and rising. Building a good board here, Pink. Nice job!
TSRD Info/DD
Over the last 2 days of trading we have seen 25,775,807 shares traded. With pinksheets.com showing the current float at 107,084,228 as of Feb 26, 2010, that means we have traded 24% of the float and I am confident it is being held in strong hands that are looking for the PPS to move much higher than the current level of .002. Below is some info on the company taken directly from their website, as well as another look at their 2 most recent news releases as shown on their website
[url]http://tesoroenterprises.us/index.html
[/url]
News
Acquisition Update
3 Mar. 2010
A leading investment banking firm, the company has been working with, has completed its preliminary evaluation of the prospective acquisition referenced in the Company's news release of February 5, 2010. While they have established several potential pricing scenarios, there is no assurance that the seller will accept the evaluation results. In addition, even if the seller accepts the evaluation, there is no guarantee that the capital can be raised at a price acceptable to the Company.
Company signs Letter of Intent to acquire fabricator and distributor of natural stone building products.
5 Feb. 2010
On February 4, 2010, Tesoro Enterprises, Inc. ("Tesoro") announced the signing of a non-binding Letter of Intent ("LOI") to acquire a long standing natural stone fabricator and wholesale/retail distributor. The acquisition is subject to due diligence, adequate financing, successful negotiation of a final price and the execution of definitive purchase and sale agreements. Tesoro's CEO, Henry Boucher said "While there is still a lot of work to do, we are excited about the opportunity and look forward to successfully completing this transaction; however, there is no guarantee that we will reach a mutually acceptable price nor that the financing will be available at a rate acceptable to Tesoro".
In addition to the operations of the target company, the acquisition would include land, buildings and equipment. Tesoro believes that the acquisition will add revenue, broaden the product base and expand the geographical coverage of its current operations. The target company has a long track record of stable revenue and positive EBITDA.
At TSRD: Our mission is to build shareholder value through the development, acquisition or merger of companies that focus on home improvement products
About Us
Tesoro Distributors, Inc., formerly known as IWT Tesoro Corporation, is a holding company for several wholly owned subsidiaries that operate in the home beautification space. We supply porcelain and natural stone products to the residential and commercial construction, remodeling and interior design market places.
Tesoro Distributors, Inc., TSRD.PK, ("Tesoro" or the "Company") was reincorporated in Oklahoma from Nevada in 2008. The company filed for protection under chapter 11 of the US bankruptcy code in September 2007and on January23rd, 2008 sold a majority of its assets under a section 363 sale. On July 31, 2008, the bankruptcy case was discharged and the company began to reorganize and restructure. The bankruptcy documents are available on our web site at www.tesorodistributors.com or on the SEC web site at www.sec.gov. Please review these documents before making any investment decision.
The Company plans to grow through the expansion of product offerings on its subsidiary's, Home Treasurers, Inc., retail web site, www.easyhomeupgrade.com; the addition of a direct sales force focused on builders, designers and developers and the acquisition of manufacturing capability in its subsidiary, Tile Manufacturing Partners, Inc. The ultimate goal is to create a vertically integrated set of companies.
Tesoro is currently raising capital to support the implementation of these plans.
TSRD is working on an acquisition (Feb 5 & Mar 3 news). Mar 3 news said financing was being set up which is always a big step. S/S is current and TSRD is current on pinks. In the last 2 trading days 24% of the float has been traded. The foundation here has been laid for a very nice move north for the PPS. Some nice forward looking plans/ideas for the company. Lots of reasons to like this one.
I expect TSRD to gap well in the am and move nicely throughout the day.
Wow, that looks pretty. :)
Jeanette, nice to see you here. TSRD potential is great.
Roger that, azstoney....Boosters on and ready for lift off.
TSRD back to back strong volume days means strong PPS Friday.
T-minus 11 hours and counting. LOL
Woo-hoo...All systems go with TSRD.
Nice. I didn't care about the stock market then. I sure do now. LOL
Pink, TSRD has me about as excited as any stock I have been in in a long time. Looking solid here.
Sorry. Not giving up any at 0023. :) Far too low for me.
Masked, good to see you here. You always are in/on good plays. Welcome to the fun. :)
That is funny. These plays can be really good if you time em right.
Ha ha. Did they trade stocks back then? LOL
TSRD is going to change lots of lives rich! Welcome to the ride of your life. :)
I think 005 is more than reachable at this volume surge and the traders in who are holding and pushing for more. I think if you can get anything around 0025 or less tomorrow it is a great idea.