"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."
it was already up to 2 cents at this point from .0005 before that...after the announced merger there was a series of press releases ...2 of which were the retirement of over a billion common shares