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Wednesday, July 07, 2010 8:51:40 PM
their web site shows news but it doesn't look like they pr'ed it
News
Company Increases Authorized shares of Common Stock
June 25,2010
WESTPORT, CT. - Tesoro Enterprises, Inc. (TSNP) today announced that it has filed an amendment with the Secretary of State of Oklahoma to increase its authorized shares of common stock to 1.5 Billion (one billion five hundred million) from 500 Million (five hundred million) effective with the filing.
Henry J. Boucher, Tesoro’s CEO, said that the increase will provide the company with flexibility to facilitate future corporate activity including raising capital and potential merger or acquisition opportunities.
Tesoro is currently raising capital to support the implementation of these plans. Please see our website for information concerning the current form “D” arrangement.
Fashion Floor Covering expands product offering
June 18, 2010
Tesoro Enterprises, Inc.'s wholly owned subsidiary, Fashion Floor Covering & Tile, Inc. announced the signing of an agreement to distribute exterior natural stones. The agreement covers facial and decorative thin stone, fireplace frames and paving stones for patios and pools. Henry J. Boucher, Tesoro's CEO, said that the exclusive agreement expands the product offerings and customer base of Fashion Floor.
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