HUMBL® (TSNPD) has been moving steadily higher since its 4 for 1 reverse stock split on Friday as well as the name change from Tesoro Enterprises to HUMBL. The ticker symbol has temporarily changed to TSNPD to reflect the RS and there will be a ticker symbol change to HMBL within the next 2 weeks to reflect the name change to HUMBL. During the Zoom call on Friday management touted the reverse split as a way to force the shorts to cover; investors also noted that the much higher price point would make it much easier for the Company to up list to a national exchange. As of Friday TSNPD, was trading in the $1.20 pre-split range and the stock traded well over $50 million on the day. On Friday evening CEO Brian Foote and Reverse Merger Whizz and architect of the HUMBL spac George Sharp hosted a Zoom call with investors with at least 1,500 investors initially calling in. Mr. Sharp made it clear management does not anticipate any dilution during Calander 2021 and is focused on creating more shareholder value. CEO Brian Foote stated the app will be released within the next 4-6 weeks. 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. From current levels invetors are looking for an all out blue sky breakout over previous highs.
$TSNPD is the unicorn penny stock that has skyrocketed up the charts in recent months as we enter a new digital era where Bitcoin is king and paper currencies are losing their value. HUMBL has real potential to become the standard in online payments disrupting PayPal, Venmo and Zella and is disrupting entrenched regional banks, wire services, and other finance providers in emerging markets such as Latin America, the Caribbean, Asia, and Africa. 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 space recently said: “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® (TSNPD) is a new, Web 3 platform being developed to seamlessly connect consumers and merchants in the digital economy, across its HUMBL® Mobile Applications, HUMBL Marketplace and HUMBL Financial divisions. HUMBL® Mobile Applications will deliver more seamless global transactions, by integrating multiple currencies, payment methods and financial services into reduced clicks for the customer. HUMBL Marketplace™ was developed to connect customers and merchants online, in improved global commerce, deal discovery and blockchain tokenization programs. HUMBL Financial™ has developed new software and algorithms for the digital asset trading markets, which are a new global market for blockchain technologies, and will also offer other credit, lending and financial services.

As Microcapdaily reported on TSNP last week: “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.”
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. As the merger was being completed last year HUMBL was able to consummate November 23, 2020 agreements to raise funding through the cash sale of warrants. As these warrants are exercised, HUMBL will access up to $50 million in equity funding, to be used for marketing of the HUMBL global brand; the HUMBL® mobile app and HUMBL Hubs® merchant software; as well as distribution and partnerships around the world.
Investor sentiment on TSNP is very high:
https://twitter.com/TheHUMBLship/status/1365137284740378624
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HUMBL is led by CEO Brian Foote is well known in the crypto community and 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.
Microcapdaily has been reporting on the historic rise of TSNP from triple zeroes to $1.93 per share since the very beginning. On November 15, 2020 when TSNP was trading for well below a penny we reported: “Tesoro Enterprises, Inc. (OTCMKTS: TSNP) is making a spectacular run up the charts in recent weeks quickly transforming into a volume leader and one of the top most traded stocks in small caps. TSNP started off in triple zero land but has gone parabolic since than quickly attracting legions of new shareholders who continue to bid the stock higher. Reverse Merger stocks (RM) are easily among the most exciting and explosive stocks in small caps rivaling only biotechs in their ability to make historic gains. TSNP is the perfect merger candidate; a clean shell with virtually no debt and the new Company HUMBL is 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.
On Thursday February 5, FINRA approved and processed the Company’s corporate actions, as requested, and has had its name changed to HUMBL, Inc. In addition to the change in the company’s name, HUMBL has executed a one for four (1:4) reverse split of its common stock, and made other changes to its share structure, including the creation of restricted preferred classes of shares which will be issued to former members of HUMBL, LLC and prospective investors of HUMBL. The authorized number of shares stated reflects these preferred shares on a presumed fully diluted basis.

HUMBL Named a Forbes 2020 Rising Startup To Watch
In discussion about the reverse split, HUMBL’s COO and Corporate Secretary, Jeffrey Hinshaw, stated, “The company’s Board of Directors concluded that it was important to quell the volatility in the share price. Prospective investors and current shareholders were concerned that it was difficult to pinpoint the true value of the common shares. Furthermore, this will force any outstanding short positions to cover their position. The board was also sympathetic to the need not to wipe out the holdings of the shareholders, and therefore determined that this small reverse split would satisfy both requirements. As a result of the reverse split, HUMBL’s stock symbol will change to “TSNPD” on February 25, 2021 and then to “HMBL” on March 26, 2021.
On Friday, February 26 HUMBL held a shareholder conference call on Friday evening at 5pm on ZOOM. CEO Brian Foote and Reverse Merger Whizz and architect of the HUMBL spac George Sharp hosted the call with investors with at least 1,500 investors initially calling in. Mr. Sharp made it clear management does not anticipate any dilution during Calander 2021 and is focused on creating more shareholder value. CEO Brian Foote stated the app will be released within the next 4-6 weeks.
https://twitter.com/Rebecca741776/status/1365524939252637699
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HUMBL® (TSNPD) has been moving steadily higher since its 4 for 1 reverse stock split on Friday as well as the name change from Tesoro Enterprises to HUMBL. The ticker symbol has temporarily changed to TSNPD to reflect the RS and there will be a ticker symbol change to HMBL within the next 2 weeks to reflect the name change to HUMBL. During the Zoom call on Friday management touted the reverse split as a way to force the shorts to cover; investors also noted that the much higher price point would make it much easier for the Company to up list to a national exchange. As of Friday TSNPD, was trading in the $1.20 pre-split range and the stock traded well over $50 million on the day. On Friday evening CEO Brian Foote and Reverse Merger Whizz and architect of the HUMBL spac George Sharp hosted a Zoom call with investors with at least 1,500 investors initially calling in. Mr. Sharp made it clear management does not anticipate any dilution during Calander 2021 and is focused on creating more shareholder value. CEO Brian Foote stated the app will be released within the next 4-6 weeks. 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. From current levels invetors are looking for an all out blue sky breakout over previous highs. $TSNPD is the unicorn penny stock that has skyrocketed up the charts in recent months as we enter a new digital era where Bitcoin is king and paper currencies are losing their value. HUMBL has real potential to become the standard in online payments disrupting PayPal, Venmo and Zella and is disrupting entrenched regional banks, wire services, and other finance providers in emerging markets such as Latin America, the Caribbean, Asia, and Africa. 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 space recently said: “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.” 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.
Disclosure: we hold no position in TSNP either long or short and we have not been compensated for this article.