HUMBL Inc (HMBL)

[HobbyTrader]

TSRD Info/DD

Over the last 2 days of trading we have seen 25,775,807 shares traded. With pinksheets.com showing the current float at 107,084,228 as of Feb 26, 2010, that means we have traded 24% of the float and I am confident it is being held in strong hands that are looking for the PPS to move much higher than the current level of .002. Below is some info on the company taken directly from their website, as well as another look at their 2 most recent news releases as shown on their website

[url]http://tesoroenterprises.us/index.html
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News

Acquisition Update
3 Mar. 2010

A leading investment banking firm, the company has been working with, has completed its preliminary evaluation of the prospective acquisition referenced in the Company's news release of February 5, 2010. While they have established several potential pricing scenarios, there is no assurance that the seller will accept the evaluation results. In addition, even if the seller accepts the evaluation, there is no guarantee that the capital can be raised at a price acceptable to the Company.

Company signs Letter of Intent to acquire fabricator and distributor of natural stone building products.
5 Feb. 2010

On February 4, 2010, Tesoro Enterprises, Inc. ("Tesoro") announced the signing of a non-binding Letter of Intent ("LOI") to acquire a long standing natural stone fabricator and wholesale/retail distributor. The acquisition is subject to due diligence, adequate financing, successful negotiation of a final price and the execution of definitive purchase and sale agreements. Tesoro's CEO, Henry Boucher said "While there is still a lot of work to do, we are excited about the opportunity and look forward to successfully completing this transaction; however, there is no guarantee that we will reach a mutually acceptable price nor that the financing will be available at a rate acceptable to Tesoro".

In addition to the operations of the target company, the acquisition would include land, buildings and equipment. Tesoro believes that the acquisition will add revenue, broaden the product base and expand the geographical coverage of its current operations. The target company has a long track record of stable revenue and positive EBITDA.

At TSRD: Our mission is to build shareholder value through the development, acquisition or merger of companies that focus on home improvement products

About Us

Tesoro Distributors, Inc., formerly known as IWT Tesoro Corporation, is a holding company for several wholly owned subsidiaries that operate in the home beautification space. We supply porcelain and natural stone products to the residential and commercial construction, remodeling and interior design market places.

Tesoro Distributors, Inc., TSRD.PK, ("Tesoro" or the "Company") was reincorporated in Oklahoma from Nevada in 2008. The company filed for protection under chapter 11 of the US bankruptcy code in September 2007and on January23rd, 2008 sold a majority of its assets under a section 363 sale. On July 31, 2008, the bankruptcy case was discharged and the company began to reorganize and restructure. The bankruptcy documents are available on our web site at www.tesorodistributors.com or on the SEC web site at www.sec.gov. Please review these documents before making any investment decision.

The Company plans to grow through the expansion of product offerings on its subsidiary's, Home Treasurers, Inc., retail web site, www.easyhomeupgrade.com; the addition of a direct sales force focused on builders, designers and developers and the acquisition of manufacturing capability in its subsidiary, Tile Manufacturing Partners, Inc. The ultimate goal is to create a vertically integrated set of companies.

Tesoro is currently raising capital to support the implementation of these plans.