This is good news
Company engages DME Capital LLC
May 19, 2010
DME Capital LLC to Advise on Strategic Acquisitions and Business Alternatives
Westport, CT--May 19, 2010—Tesoro Enterprises, Inc. (Pink Sheets: TSNP), announced today that it has retained DME Capital LLC as the Company's exclusive advisor. DME will assist the Company in analyzing a wide range of strategic business alternatives, including acquisitions and expansion. The Company can give no assurance that a transaction of any kind will occur.
Henry Boucher, CEO of Tesoro, stated, “I look forward to working with DME to find the optimal scenario to maximize shareholder value. In choosing DME, we were very impressed with their reputation and positive track record, and we are confident that they will help us strategize the best course of action for Tesoro as we move forward.”
About DME
DME operations include DME Securities LLC & DME Capital LLC.
DME Securities is a licensed broker-dealer, Member Firm of the NYSE and FINRA. DME Securities raises capital for growth oriented public companies and handles trades for institutional investors.
DME Capital invests in public companies & issues unbiased BUY RECOMMENDATIONS to 910 institutional clients and 2,000+ retail clients. Unbiased meaning DME does not charge or accept any form of compensation (cash or stock) for their Buy Recommendations.
Additional information is available at www.dmecapital.com
Forward-Looking Statements:
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, our goals, plans and projections regarding our financial position, results of operations, market position, product development and business strategy. These statements may be identified by the use of words such as “will,” “may,” “estimate,” “expect,” “intend,” “plan,” “believe,” and other terms of similar meaning in connection with any discussion of future operating or financial performance or other events or developments. All forward-looking statements are based on management’s current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations.
Unless otherwise required by law, we undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Source: Tesoro Enterprises Inc
Investor Relations Contact
Andrew Barwicki
516-662-9461 or andrew@barwicki.com
