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Friday, July 24, 2020 5:30:43 AM
Press Release | 07/21/2020
Tesoro Enterprises, Inc. Issues Consent Action
July 21, 2020
Oklahoma City, OK Tesoro Enterprises, Inc. (TSNP) today announced that its Sole Board of Directors member has issued a Consent Action in Lieu of a Meeting of the Board of Directors pursuant to the Oklahoma Business Corporation Act. The consent action instructs management of the corporation to Purchas in the open market and at the best terms acceptable to management, up to One hundred million (100,000,000) shares of the corporations common stock, at any time, in whole or in part, over the next twelve (12) months, The Accumulation Period, beginning on the effective date of this consent action.
The complete Consent Action can be found on the Corporations web site at www.tesoroenterprises.us.
Forward-Looking Statements
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Companys 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 Companys 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 Companys 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.
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