Microcapdaily has been covering the spectacular run on Tesoro Enterprises, Inc. (OTCMKTS: TSNP) that skyrocketed from well under a penny to highs of $0.3599 earlier this month on the HUMBL reverse merger. The stock is still in play and Investors are looking for a return to previous highs.
HUMBL PAY is a mobile payments provider with a world-class management team of members from companies like Western Union and Money gram and was named a Forbes “Rising Startups to Watch” in June 2020. The Company is debt free as outgoing CEO Boucher paid off liabilities in full prior to his departure and the whole deal has been managed by reverse merger whizz George Sharp.
Tesoro Enterprises, Inc. (OTCMKTS: TSNP) soon to be named HUMBL, Inc. is a digital marketplace pairing experiences for consumers and merchants in the global economy. The HUMBL platform includes the HUMBL® Mobile App, HUMBL Hubs™ Merchant Software and the HUMBL Marketplace. The HUMBL® Mobile App delivers more seamless global transactions, by integrating multiple currencies, payment methods and financial services into one-click for the customer, beyond primarily US only mobile wallet providers such as Zelle® and Venmo®. The HUMBL Hubs™ merchant software and point-of-sale (POS) pairs customers and merchants together to use contactless payment technologies, helping merchants in majority cash economies to do things like accept debit cards, credit cards and USD stablecoins from HUMBL® mobile wallet users. The HUMBL Marketplace will connect customers and merchants online in improved global commerce, via merchant shops, deal listings, affiliate programs and HUMBL Pay web checkout integrations.
Earlier this month TSNP announced the launch of its HUMBL Holiday Deal Days merchant campaign. Upon signing up for a HUMBL® Pay account, customers will be able to shop the HUMBL Marketplace for highly curated holiday deals, coupon codes and affiliate discount links in shopping verticals like electronics, health, beauty, home, fashion, fitness, and kids. The HUMBL Deal Days campaign enables HUMBL® Pay global customers to shop online hassle-free by locating the best deals on the internet while avoiding broken links, fake merchandise and expired coupon codes. Current deals include curated links to holiday discounts on trusted brands such as Apple®, Microsoft®, Samsung®, Sony®, Target®, Best Buy® and ULTA Beauty®.
The HUMBL Marketplace will also be exploring HUMBL affiliate email programs, flash sales and the development of more seamless checkout technologies via a HUMBL® Pay website module and potential one-touch checkout partners. The HUMBL Holidays program will run through from December 14, 2020 through January 4, 2021 and will be followed by regularly scheduled merchant discounts and offers on its website.
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The Company was quick to respond to a recent article on SeekingAlpha stated: “Tesoro/HUMBL management are fully supportive of anybody’s right to free speech and opinion. We are also supportive of anybody’s right to make their investing decisions based on the opinion of Seeking Alpha’s, “Gold Panda,” an anonymous Bulgarian cyber-blogger, who not only criticizes HUMBL, but blockchain technology in general. Therefore, we will not comment on the credibility of the Seeking Alpha article but invite accredited journalists and financial analysts to discuss our endeavors with us.
On December 17 TSNP announced the pilot launch of HUMBL Studios, which will give global small business merchants the opportunity to better connect their goods to online shoppers via curated shops on the HUMBL Marketplace. HUMBL was built to better pair customers and merchants in the digital economy. HUMBL will accomplish this through the HUMBL® mobile application for cash-intensive regions; as well as through its HUMBL Marketplace, which connects merchants to online global markets.
HUMBL Studios will allow global merchants in areas such as art, clothing, jewelry, fashion, soft goods and other merchandise, with the opportunity to create authentic online shops within the HUMBL Marketplace, as well as save up to 50% on listing fees versus other online shopping portals. HUMBL Studios will also serve as a platform for the development of HUMBL Pay web modules, faster checkout integrations, merchant affiliate and marketing programs for small business
Jennifer Edgerton, VP of Omni-Channel at HUMBL stated: “HUMBL Studios was created out of the consumers’ desire for inclusive and authentic experiences through a convenient online platform with global merchants. We want to connect small businesses from around the world and bring them into everyone’s homes.”
— HUMBL, Inc. (@HUMBL_IR) December 17, 2020
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TSNP has emerged in recent week as the most explosive stock in small caps running to highs of $0.3599 a level investors are looking to return too. TSNP continues to trade 10s of millions in dollar volume as its completes the merger with HUMBL; a major mobile payments provider with a first-class management team of members from companies like Western Union and Moneygram, who was recently named a Forbes “Rising Startups to Watch” in June 2020. TSNP is now debt free as ex CEO Boucher paid off all debts on his way out. The Company has reported it plans to become an SEC filer and up-list to fully reporting OTCQB. The new Company is headed mover and shaker CEO Brian Foote who has already decreased the share count by 860 million shares and stated Tesoro is not planning any increase in OS for this year or next. MIcrocapdaily has been reporting on TSNP since it was under $0.01. We will be updating on HUMBL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TSNP.
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Disclosure: we hold no position in TSNP either long or short and we have not been compensated for this article.