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Major Move on TSNP “HUMBL” (Tesoro Enterprises) Unicorn & Major League Runner

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TSNP (Tesoro Enterprises) is the penny stock unicorn and the darling of small caps that has made a spectacular run in recent months from triple zeroes to recent highs of $2.93 per share. The George Sharp brokered Reverse Merger (RM) SPAC runner has become the posterchild of the new otc bulletin boards where anything is possible and nothing is impossible. TSNP regularly trades several hundred million dollars in dollar volume per day recently topping $375 million in 1 day. After a brief dip to $0.74 lows last week as it has so many times on the way up, TSNP is once again on the move northbound trading over 100 million shares on Friday and making a break towards its all-time highs. As TSNP has continued its spectacular rise shorts have jumped on board and tried to bring it down staring when the stock was well below $0.20 per share and continuing today with several recent articles including on Seeking Alpha. It’s a tug of war and that is why TSNP is so volatile, in the next few days the winner will be established and Investors are looking for a breakout back to $1.93 and beyond. 

There is a lot to get excited about on HUMBL as we enter a new digital era where Bitcoin is gold and paper currencies quickly lose value. HUMBL is quickly disrupting entrenched regional banks, wire services, and other finance providers in emerging markets such as Latin America, the Caribbean, Asia, and Africa. HUMBL has real potential to become the standard in online payments disrupting PayPal, Venmo and Zella along the way. The HUMBL® Mobile App delivers borderless transactions, by integrating multiple currencies, payment methods, banks, and financial services providers into one-click for the customer. HUMBL CEO Brian Foote, well known in the crypto sphere stated: “We didn’t build HUMBL for the 450 million digital customers using Apple Pay®, but for the 7 billion people for whom money has a totally different set of global pathways, access points, and cost structures.”  HUMBL is very well funded moving forward; TSNP is a clean shell and all liabilities were paid by the outgoing CEO. Since TSNP is a high-flying unicorn it’s easy for the Company to raise funds. Starting as early as November of last year the Company was able to raise significant funds through the cash sale of warrants and currently HUMBL has access to at least $50 million in equity funding. 

Image result for HUMBLTSNP (Tesoro Enterprises) soon to be renamed HUMBL is a new, Web 3 platform that connects consumers and merchants in the digital economy. Its core product lines are the HUMBL® Mobile App, HUMBL Marketplace and HUMBL Financial, which are being architected to work seamlessly across one HUMBL platform for consumers and merchants. The HUMBL Mobile App and HUMBL Web Platform will deliver more seamless global transactions, by integrating multiple currencies, payment methods and financial services into reduced clicks for the customer, beyond primarily US only mobile wallet providers such as Zelle® and Venmo®. HUMBL Financial products are currently available to customers in over 100 Countries. The Company is led by CEO Brian Foote, Jeffrey Hinshaw, President, Calvin Weight, Chief Market Strategist, Karen Garcia, Secretary, Michele Rivera, VP, Sales & Bus. Dev. and stock RM whizz George A Sharp.  

HUMBL is very well funded moving forward; TSNP is a clean shell and all liabilities were paid by the outgoing CEO. Since TSNP is a high-flying unicorn it’s easy for the Company to raise funds. Starting as early as November of last year the Company was able to raise significant funds through the cash sale of warrants and currently the HUMBL has access to at least $50 million in equity funding. 

Microcapdaily first reported on HUMBL on November 15, 2020 when TSNP was $0.003 stating at the time: “Currently exploding up the charts TSNP is among the most exciting stocks in small caps making spectacular gains as the Company merges with HUMBL; a major mobile payments player with a first-class management team with team members coming from companies like Western Union, Moneygram, Visa, American Express, Epson, Microsoft, Facebook and Qualcomm and was recently named a Forbes “Rising Startups to Watch” The whole deal is being shepherded by George Sharp, a reverse merger whizz and someone known for doing it right with a long history of turning anything he touches into gold.” When Microcapdaily first reported on TSNP at $0.003 one could buy 10 million shares for $30,000. Those shares would now be worth many millions. 

HUMBL is led by CEO Brian Foote, well known in the crypto community. Mr. Foote brings with him twenty years of consumer technology experience, having launched a number of top ranked global technology products at companies like Epson, where he was twice named to the Innovators Team Award for his work across merchant partners such as Amazon, Walmart, Costco, Target and Best Buy. In recent months Brian Foote has reduced the share count by at least 800 million and pledged not to dilute the stock in the future. Mr. Foote is a graduate of the University of California at Los Angeles (UCLA) and is certified in blockchain, digital media, and social media from the Massachusetts Institute of Technology (MIT). 

Investor sentiment on TSNP is very high:

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In one of our more popular articles on TSNP on November 2 which has over 17,000 views we stated: “For many years the stock was inactive and did not trade but then in the fall of 2020 things started to happen. In September the Company started making OTCmarket filings for the previous two years and filed its 10Q and 10K on October 27, 2020. This was followed by the attorney’s letter and TSNP subsequently up-listed to pink current with filings up to date on OTCMarkets. TSNP initiated a share repurchase program. According to the release “The consent action instructs management of the corporation to Purchas in the open market and at the best terms acceptable to management, up to One hundred million (100,000,000) shares of the corporations common stock, at any time, in whole or in part, over the next twelve (12) months, The Accumulation Period. More things started to happen; the Company signed an NDA with the stated purpose for the eventual confidential sharing of corporate information with potential business partners. The company also launched a twitter account. in a big move in October the Company retained RM whizz George sharp who whipped things into shape because he does things the right way; there is a reason why FORW is also running.

On February 2 TSNP (soon to be renamed HUMBL following the successful reverse merger) reported the product launch of its BLOCK Exchange Traded Index (ETXs) lineup in over one hundred countries across North America, Latin America, Asia, Middle East, Africa and the Caribbean. 

The initial BLOCK ETXs include the: BLOCK 3, BLOCK 5, BLOCK 10, BLOCK Government, BLOCK Platform, BLOCK Global Enterprise, BLOCK RSI Fractals, BLOCK MACD & VI, and BLOCK Oscillators. The BLOCK ETX lines were created by HUMBL Financial to give retail investors access to “one-click” software services on the new digital asset trading markets. The BLOCK ETXs track three different vertical themes: Index, Active and Thematic strategies, allowing customers simplified portfolio exposure to new blockchain trading markets. These BLOCK ETXs are not intended to be investment services or advice but rather, are completely non-custodial, algorithmically driven financial technology services that allow customers to purchase and hold digital assets in pre-set allocations through their own exchange accounts. HUMBL Financial is also open to the licensing of BLOCK Indexes and BLOCK ETXs to major, global financial institutions that may want to expand their digital asset offerings for customers immediately. 

HUMBL management stated: “If you look at investing in Mutual Funds and ETFs over the last century, multi-asset baskets have traditionally been an easy way for customers to buy and hold over the long-term. BLOCK ETXs deliver new technologies in a proven format, for the blockchain trading markets, and other asset classes over time. Our long-term mission at HUMBL is to develop a Web 3 platform that will allow you to invest, trade, track and pay in more synthetic ways on the blockchain. The BLOCK ETXs are a critical step in that journey and will expand across multiple asset types in the coming year.” 

 

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TSNP (Tesoro Enterprises) is the penny stock unicorn and the darling of small caps that has made a spectacular run in recent months from triple zeroes to recent highs of $2.93 per share. The George Sharp brokered Reverse Merger (RM) SPAC runner has become the posterchild of the new otc bulletin boards where anything is possible and nothing is impossible. TSNP regularly trades several hundred million dollars in dollar volume per day recently topping $375 million in 1 day. After a brief dip to $0.74 lows last week as it has so many times on the way up, TSNP is once again on the move northbound trading over 100 million shares on Friday and making a break towards its all-time highs. As TSNP has continued its spectacular rise shorts have jumped on board and tried to bring it down staring when the stock was well below $0.20 per share and continuing today with several recent articles including on Seeking Alpha. It’s a tug of war and that is why TSNP is so volatile, in the next few days the winner will be established and Investors are looking for a breakout back to $1.93 and beyond. There is a lot to get excited about on HUMBL as we enter a new digital era where Bitcoin is gold and paper currencies quickly lose value. HUMBL is quickly disrupting entrenched regional banks, wire services, and other finance providers in emerging markets such as Latin America, the Caribbean, Asia, and Africa. HUMBL has real potential to become the standard in online payments disrupting PayPal, Venmo and Zella along the way. The HUMBL® Mobile App delivers borderless transactions, by integrating multiple currencies, payment methods, banks, and financial services providers into one-click for the customer. HUMBL CEO Brian Foote, well known in the crypto sphere stated: “We didn’t build HUMBL for the 450 million digital customers using Apple Pay®, but for the 7 billion people for whom money has a totally different set of global pathways, access points, and cost structures.” HUMBL is very well funded moving forward; TSNP is a clean shell and all liabilities were paid by the outgoing CEO. Since TSNP is a high-flying unicorn it’s easy for the Company To raise funds. Starting as early as November of last year the Company was able to raise significant funds through the cash sale of warrants and currently HUMBL has access to at least $50 million in equity funding.  We will be updating on TSNP 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.

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6 Comments

  1. Avatar

    A lot of Critical mistakes in this here Article….

    1. “that has made a spectacular run in recent months from triple zeroes to recent highs of $2.93 per share.”

    Wrong! It’s ATH was $1.93 (Not $2.93)

    2. “$0.20 per share and continuing today with several recent articles enclouding on Seeking Alpha.” (Enclouding?!…. or “Including?!)

    3. “HUMBL CEO Brian Foote, well known in the crypto sphere stated: “We didn’t build HUMBL for the 450 million digital customers using Apple Pay®, but for the 7 billion people for whom money has a totally different set of global pathways, access points, and cost structures,” according to the CEO of HUMBL, Brian Foote.” (“Brian Foote Stated….. According to Brian Foote?!!!!”)

    4. “Starting as early as November of last year the Company was able to raise significant funds through the cash sale of warrants and currently the HUMBL has access to at least $50 million in equity funding.”
    (“The HUMBL?!”)

    5. “HUMBL Financial products are not currently available to customers in over 100 Countries.”
    (“Are NOT currently available?!”….. shouldn’t that be “ARE AVAILABLE?!”)

    6. “Starting as early as November of last year the Company was able to raise significant funds through the cash sale of warrants and currently the HUMBL has access to at least $50 million in equity funding.”
    (“THE HUMBL?!”… again!!!)

    I stop here…. but, do not Companies make use of “EDITORS” anymore?!!!
    #5 is a rather bad error that could lead folks to believe that the Company really hasn’t launched it’s Financial Products in 100 Countries…. thus already accruing healthy Revenue’s, I’d presume!!!!

  2. Avatar

    And….. ahahahahaha….

    My comment is “Awaiting Moderation”…..

    The Article should be “Moderated”, to!!!!

    The Irony!!!

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