PENNY WATCH

[brunners]

TSNP nice news out on friday...

http://www.otcmarkets.com/stock/TSNP/news


Tesoro Enterprises, Inc. (TSNP):

On June 18, 2015, the Company announced the signing of a Supplier Agreement with Wayfair, LLC. This agreement, between Tesoro’s wholly owned subsidiary Fashion Floor Covering & Tile, Inc. (“Supplier”) and Wayfair, establishes the “terms and conditions for the sale of Supplier’s products on websites either owned or operated by Wayfair (‘Wayfair Sites’) or owned by other parties (‘Partners’) who by agreement allow Wayfair to sell products through such Partners’ websites (‘Partner Sites’)”.

Tesoro is pleased to enter into this agreement, which is the result of several months of negotiation and process interface testing. Tesoro’s CEO, Henry Boucher, stated that “this expansion of the internet/ecommerce portion of our business is critical to the long term growth of our Company. Wayfair places Fashion Floor’s products squarely in front of the consumer at the time of the buying decision.”

Wayfair’s powerful and sophisticated ecommerce engine (www.wayfair.com) will bring Fashion Floor’s products into the homes of a significant number of buyers that it could not reach today. The back office integration of order processing, shipping, billing and collection also strengthens the Company’s ability to compete on a national level. The Company will continue to operate its own ecommerce web site (www.stone-tile-showroom.com) for products not yet integrated into the Wayfair suite of merchandise; for example, natural stone, rugs and sports carpets will remain on the in-house system.