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.
Does the statistics plage show total number of bitcoins mined to date?
Most read board in last 24 hours, lots of eyes on this
Poised for another run up, .005s soon IMO
TSNP - I can feel a strong week on the way...
TSNP... Volume is heating up!
TSNP - I can feel a strong close to the week coming!
TSNP #18 on Breakout Boards!
TSNP Tesoro Enterprises, Inc. Releases Fiscal 2011 Financial Results
Tesoro Enterprises, Inc. (TSNP:PK) today announced the publishing of its Fiscal 2011 Financial Statements. Net Sales for the twelve months ending December 31, 2011 were $599,002 compared to $341,514 for the twelve month period ended December 31, 2010, an increase of $257,788 or 75%.
Gross margin for the twelve months ended December 31, 2011 was $152,763 compared to $115,360 for the twelve months ended December 31, 2010, an increase of $37,402 or 32%. Operating expenses for the twelve months ended December 31, 2011 were $407,917 compared to $410,876, a decrease of $2,959 relatively unchanged despite the doubling of our retail space with the addition of a second store in January 2011. Net loss for the twelve months ended December 31, 2011 was $(279,289) compared to $(309,032) for the twelve months ended December 31, 2010, a decrease of $29,743 or 9.6%. The loss for the twelve months ended December 31, 2011 reflects primarily the start up time for the new retail location.
Henry Boucher, Tesoro's CEO, said he is pleased that the company finished the year with strong sales momentum. He added that net sales for the three months ended December 31, 2011 were $158,002 compared to $63,514 for the three months ended December 31, 2010, an increase of $94,488 or 150%. Mr. Boucher also stated that, even though the winter is our slowest time, if the sales momentum holds, we should be close to breakeven in the first quarter of 2012. We look for improving sales in the retail locations and added contribution from our e-commerce business.
TSNP - Tesoro Enterprises, Inc. Releases Fiscal 2011 Financial Results
Tesoro Enterprises, Inc. (TSNP:PK) today announced the publishing of its Fiscal 2011 Financial Statements. Net Sales for the twelve months ending December 31, 2011 were $599,002 compared to $341,514 for the twelve month period ended December 31, 2010, an increase of $257,788 or 75%.
Gross margin for the twelve months ended December 31, 2011 was $152,763 compared to $115,360 for the twelve months ended December 31, 2010, an increase of $37,402 or 32%. Operating expenses for the twelve months ended December 31, 2011 were $407,917 compared to $410,876, a decrease of $2,959 relatively unchanged despite the doubling of our retail space with the addition of a second store in January 2011. Net loss for the twelve months ended December 31, 2011 was $(279,289) compared to $(309,032) for the twelve months ended December 31, 2010, a decrease of $29,743 or 9.6%. The loss for the twelve months ended December 31, 2011 reflects primarily the start up time for the new retail location.
Henry Boucher, Tesoro's CEO, said he is pleased that the company finished the year with strong sales momentum. He added that net sales for the three months ended December 31, 2011 were $158,002 compared to $63,514 for the three months ended December 31, 2010, an increase of $94,488 or 150%. Mr. Boucher also stated that, even though the winter is our slowest time, if the sales momentum holds, we should be close to breakeven in the first quarter of 2012. We look for improving sales in the retail locations and added contribution from our e-commerce business.
Forward-Looking Statements
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectations regarding future events. Actual events could differ materially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Tesoro Enterprises, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on the forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the Securities and Exchange Commission.
TSNP - Tesoro Enterprises, Inc. Releases Fiscal 2011 Financial Results
Tesoro Enterprises, Inc. (TSNP:PK) today announced the publishing of its Fiscal 2011 Financial Statements. Net Sales for the twelve months ending December 31, 2011 were $599,002 compared to $341,514 for the twelve month period ended December 31, 2010, an increase of $257,788 or 75%.
Gross margin for the twelve months ended December 31, 2011 was $152,763 compared to $115,360 for the twelve months ended December 31, 2010, an increase of $37,402 or 32%. Operating expenses for the twelve months ended December 31, 2011 were $407,917 compared to $410,876, a decrease of $2,959 relatively unchanged despite the doubling of our retail space with the addition of a second store in January 2011. Net loss for the twelve months ended December 31, 2011 was $(279,289) compared to $(309,032) for the twelve months ended December 31, 2010, a decrease of $29,743 or 9.6%. The loss for the twelve months ended December 31, 2011 reflects primarily the start up time for the new retail location.
Henry Boucher, Tesoro's CEO, said he is pleased that the company finished the year with strong sales momentum. He added that net sales for the three months ended December 31, 2011 were $158,002 compared to $63,514 for the three months ended December 31, 2010, an increase of $94,488 or 150%. Mr. Boucher also stated that, even though the winter is our slowest time, if the sales momentum holds, we should be close to breakeven in the first quarter of 2012. We look for improving sales in the retail locations and added contribution from our e-commerce business.
Forward-Looking Statements
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectations regarding future events. Actual events could differ materially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Tesoro Enterprises, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on the forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the Securities and Exchange Commission.
TSNP - Can you feel the momentum?!
TSNP - I have a feeling this is just the tip of the iceburg
TSNP - Financials look excellent
TSNP - Looks like the 1's are almost gone!
TSNP - share retirement program & revenues, 70M Volume
TSNP - share retirement program & revenues, 70M Volume
TSNP announced a share retirement program, and revenues
TSNP announced a share retirement program, and revenues
TSNP - Share retirement, no R/S, Volume
TSNP Volume and Momentum on great news!
Tesoro Enterprises, Inc. ("TEI"), trading symbol TSNP, announced today the termination of its Reverse Merger ("RM") discussions with InPlays, Inc. Henry J. Boucher, TEI's CEO said that while the transaction with InPlays had merit, it did not provide the best option for the shareholders of TEI. Mr. Boucher cited the Company's revenue growth of its operating subsidiary, the upcoming release of its redesigned e-commerce web site and the potential to expand the retail operations as reasons to continue the strategy put forth by the company over the last two years.
Furthermore, Mr. Boucher is happy to inform the shareholders that TEI is in talks with private investors to receive non-toxic financing for its retail consortium expansion. The financing could be used to push revenue into the million dollar range. Many have worried about a possible RM and Management wishes to set shareholders at ease by stating that there is no RM needed or planned in the foreseeable future. TEI is a fiscally conservative company and because operating capital has been limited, it has chosen not to issue press releases that do not address the underlying concerns for shareholders or properly express the direction of the company. Lastly management is discussing a possible share retirement program in order to reduce the current share structure to facilitate shareholder return and better reflect fair market value.
TSNP Poised for another positive day tomorrow. As Leucro mentioned below, just under $7k traded today with only $60k to blow through the .0002s. I like the momentum here
VSHC - trading VERY tight right now. Strong hands indeed. It certainly won't take much for this to run
VSHC...could this be the week?
VSHC - getting primed and ready...
VSHC - Bid getting stronger for sure
VSHC shares/options represent 35% of the equity in VMCS.
VSHC getting A LOT of buzz right now
VSHC-Here's to an uptick in the PPS this week
Primed and ready for breakout
Anxiously awaiting financials, I think the PPS will finally show the true value of this comapny
A very promising week ahead of us indeed
TSNP - REVERSE MERGER DISCUSSIONS & FINANCIALS
Tesoro Enterprises Inc. (PINKSHEETS: TSNP) is pleased to provide a corporate update by announcing that the company has entered and continues discussions regarding a reverse merger with InPlays Sports Corp.
Henry Boucher, President and Chief Executive Officer of Tesoro, stated, "Although we are in the early stages of discussions and negotiations, we believe it is sensible to provide Tesoro shareholders with a corporate update and information regarding the future of the company. We are very pleased with Fashion Floor Covering and Tile Inc. operations and the growth we are experiencing at this time, but in an effort to maximize shareholder value we have entered into discussions with InPlays regarding a reverse merger."
FINANCIALS:
Revenue for the three months ended June 30, 2011, was $170,131 compared to $80,314 for the
three months ended June 30, 2010, an increase of 111% or $89,817.
Revenue for the six months ended June 30, 2011, was $263,920 compared to $182,327 for the six
months ended June 30, 2010, an increase of $81,593
With the release of promising financials and the anticipation of an RM update, I'm surprised more aren't buying up the .0002s
TSNP - REVERSE MERGER DISCUSSIONS & FINANCIALS
Tesoro Enterprises Inc. (PINKSHEETS: TSNP) is pleased to provide a corporate update by announcing that the company has entered and continues discussions regarding a reverse merger with InPlays Sports Corp.
Henry Boucher, President and Chief Executive Officer of Tesoro, stated, "Although we are in the early stages of discussions and negotiations, we believe it is sensible to provide Tesoro shareholders with a corporate update and information regarding the future of the company. We are very pleased with Fashion Floor Covering and Tile Inc. operations and the growth we are experiencing at this time, but in an effort to maximize shareholder value we have entered into discussions with InPlays regarding a reverse merger."
FINANCIALS:
Revenue for the three months ended June 30, 2011, was $170,131 compared to $80,314 for the
three months ended June 30, 2010, an increase of 111% or $89,817.
Revenue for the six months ended June 30, 2011, was $263,920 compared to $182,327 for the six
months ended June 30, 2010, an increase of $81,593
TSNP - Financials & Reverse Merger Discussions
"TSNP Reverse Merger Discussions
Tesoro Enterprises Inc. (PINKSHEETS: TSNP) is pleased to provide a corporate update by announcing that the company has entered and continues discussions regarding a reverse merger with InPlays Sports Corp.
Henry Boucher, President and Chief Executive Officer of Tesoro, stated, ""Although we are in the early stages of discussions and negotiations, we believe it is sensible to provide Tesoro shareholders with a corporate update and information regarding the future of the company. We are very pleased with Fashion Floor Covering and Tile Inc. operations and the growth we are experiencing at this time, but in an effort to maximize shareholder value we have entered into discussions with InPlays regarding a reverse merger.""
Financials
Revenue for the three months ended June 30, 2011, was $170,131 compared to $80,314 for the
three months ended June 30, 2010, an increase of 111% or $89,817.
Revenue for the six months ended June 30, 2011, was $263,920 compared to $182,327 for the six
months ended June 30, 2010, an increase of $81,593.
TSNP - REVERSE MEEGER
It looks like TSNP could break out with their recent announcement of their Reverse Merger Discussions
(Marketwire - 07/07/11) - Tesoro Enterprises Inc . (Pinksheets:TSNP - News) is pleased to provide a corporate update by announcing that the company has entered and continues discussions regarding a reverse merger with InPlays Sports Corp
TSNP - TESORO ENTERPRISES- REVERSE MERGER
Looks like TSNP could break out here with the Reverse Merger Discussions
NEW YORK, NY--(Marketwire - 07/07/11) - Tesoro Enterprises Inc. (Pinksheets:TSNP - News) is pleased to provide a corporate update by announcing that the company has entered and continues discussions regarding a reverse merger with InPlays Sports Corp.
TSNP - Reverse Merger Discussions
NEW YORK, NY--(Marketwire - 07/07/11) - Tesoro Enterprises Inc. (Pinksheets:TSNP - News) is pleased to provide a corporate update by announcing that the company has entered and continues discussions regarding a reverse merger with InPlays Sports Corp.
We're due for an update on the RM
an update on the merger will be a game changer for sure