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Tuesday, August 24, 2010 3:33:13 PM
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
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