HUMBL Inc (HMBL)

[samsamsamiam]

not in filings but in press releases:

https://www.otcmarkets.com/stock/TSNP/news/Tesoro-Enterprises-Inc-to-Merge-with-HUMBL-LLC---A-Global-Payments-and-Financial-Services-Network?id=279935

San Diego, CA, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTC Pink: TSNP) (“Tesoro”) announced today that it has entered into an agreement with HUMBL, LLC (“HUMBL”) to merge the two entities. In an all-stock transaction, the members of HUMBL will receive preferred shares of Tesoro in exchange for their HUMBL holdings.

Tesoro, the surviving entity, will be renamed “HUMBL, Inc.” and following an imminent redomiciling of the corporation to Delaware, an application will be filed with the Financial Industry Regulatory Authority (“FINRA”) for a change of the issuer’s name and symbol. The company will almost immediately begin the process for becoming an SEC filer and provide audited annual financials beginning with yearend 2020.

Consummate with the transaction, HUMBL, Managing Member and Founder, Brian M. Foote has acquired the control block of voting shares and a significant number of common shares from outgoing Tesoro President, Henry Boucher.



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https://www.otcmarkets.com/stock/TSNP/news/Tesoro-Enterprises-Inc-Retires-Over-551-Million-Common-Shares?id=280116

Tesoro Enterprises, Inc. Retires Over 551 Million Common Shares
Press Release | 11/13/2020
San Diego, CA, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTC Pink: TSNP) (“Tesoro”) Corporate Secretary, Jeffrey Hinshaw, announced today that the company is retiring 551,669,335 million common shares that Tesoro President, Brian Foote, agreed to surrender without consideration. These shares were acquired by Mr. Foote from the previous Tesoro President for value received from Mr. Foote. These stock transactions will soon be represented in reports filed with the United States Securities and Exchange Commission (“SEC”).

With the retirement of these shares, the number of Tesoro common shares issued and outstanding is reduced to 3,996,709,773. This should be reflected by the Transfer Agent on the company’s OTC Markets profile page shortly.



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https://www.otcmarkets.com/stock/TSNP/news/Tesoro-Enterprises-Inc-CEO-to-Lock-Up-Over-10-Million-Worth-of-Stock-Purchased-Directly-Out-of-the-Market?id=280491

Tesoro Enterprises, Inc. CEO to Lock Up Over $10 Million Worth of Stock Purchased Directly Out of the Market
Press Release | 11/17/2020
San Diego, CA, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTC Pink: TSNP) (“Tesoro”) announced today that the company’s CEO and President, Brian Foote, has agreed to convert over 318 million shares recently purchased by him out of the retail market to a new class of Preferred shares.

The conversion will be transacted following the imminent completion of the merger between Tesoro and HUMBL LLC, which will coincide with the redomiciling of the corporation to Delaware.

Upon completion of the conversion, Tesoro’s issued and outstanding number of common shares will have been reduced by over 860 million shares since Mr. Foote became President of Tesoro.

The company does not anticipate that the number of common shares outstanding will increase during the remainder of 2020 and throughout 2021.



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Warrants:
https://www.otcmarkets.com/stock/TSNP/news/story?e&id=1762198

HUMBL Completes Merger with Tesoro Enterprises, Inc.; Sells Warrants with Provision for $50 Million In Funding
San Diego, California, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTCMKT: TSNP) announced today that its merger with HUMBL, LLC is complete, and the company is now a registered Delaware corporation. Additional amendments are now being filed with the Delaware Secretary of State’s office to change the name of the corporation to “HUMBL, Inc.” Furthermore, corporate actions are being prepared for filing with the Financial Industry Regulatory Authority (“FINRA”) to have the public entity renamed “HUMBL, Inc.” together with a request for a change in the ticker symbol to “HMBL”.

HUMBL celebrated the merger by launching its new landing page at www.HUMBLpay.com, which premiers the company’s brand video - “A Borderless Day in Baja.” The video has received overwhelming response in previews to industry professionals and HUMBL partners.

As a result of the completion of the merger, HUMBL was able to consummate November 23, 2020 agreements to raise funding through the cash sale of warrants. As these warrants are exercised, HUMBL will access up to $50 million in equity funding, to be used for marketing of the HUMBL global brand; the HUMBL® mobile app and HUMBL Hubs® merchant software; as well as distribution and partnerships around the world.

Shares acquired through the exercising of the warrants will not be saleable through the retail market for a period of one year from the purchase date of the warrants.


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https://www.otcmarkets.com/stock/FORW/news/Forwardly-Inc-Acquires-Warrants-to-Purchase-500-Million-Shares-of-Tesoro-Enterprises-Inc?id=282978

Forwardly, Inc. Acquires Warrants to Purchase 500 Million Shares of Tesoro Enterprises, Inc.
Press Release | 12/10/2020
Boulder City, NV, Dec. 10, 2020 (GLOBE NEWSWIRE) -- George Sharp, President and CEO of Forwardly, Inc. (OTCMKT: FORW), announced today that the company has made a cash investment in Tesoro Enterprises, Inc. (OTCMKT: TSNP), soon to be renamed HUMBL, Inc., as one of two parties to purchase Tesoro warrants. These warrants enable Forwardly to purchase up to 500 million shares of Tesoro common stock within a period of two years. The agreement between Forwardly and Tesoro was entered into on November 23, 2020, and its closing was contingent on the completion of the merger between HUMBL and Tesoro Enterprises, Inc., which has now taken place.

According to Mr. Sharp, “HUMBL’s business model and leadership in blockchain based, global payment systems made this investment especially interesting to Forwardly. The investment has already proven to be mutually beneficial. As a result of the public’s enthusiasm in HUMBL’s endeavors, and the fortuitous timing of the execution of the purchase agreement, the warrants negotiated by Forwardly are already well in the money, and Forwardly owns an asset currently worth over one hundred million dollars. This will provide us the leverage to raise additional funds for all of our projects at optimally attractive terms.”

HUMBL, Inc. President, Brian Foote, stated, “George’s assistance with the HUMBL merger and his ability to guide us through the process of being a public company made a relationship with Forwardly a natural event. We look forward to a continued relationship with him, both as an advisor to HUMBL and in his capacity as President of Forwardly.”

The HUMBL investment has no effect on Forwardly’s other endeavors.