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Tuesday, September 21, 2021

Reporting HUMBL Financial; Tesoro Enterprises, Inc. (OTCMKTS: TSNP) BLOCK ETXs in 100 Countries

Tesoro Enterprises, Inc. (OTCMKTS: TSNP) is the beast of small caps that has seen a spectacular rise from well under a penny to recent highs of $1.69 per share. Shepherded by stock whizz George Sharp TSNP has emerged as the most powerful runner on the bulletin boards topping $100 million in dollar volume per day and making many small cap speculators rich along the way. We have reported on how outgoing CEO Boucher paid off all TSNP debt and new CEO Brian Foote who is a real go getter who has already retired over 800 million shares stated his intention to become an SEC filer and up-list to fully reporting OTCQB. 

Microcapdaily first reported on TSNP in the $0.003 range on November 15 stating at the time: “Reverse Merger stocks (RM) are easily among the most exciting and explosive stocks in small caps rivaling only biotech’s 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. 

Tesoro Enterprises, Inc. (OTCMKTS: TSNP) is a clean shell operating out of Oklahoma City, Oklahoma that has merged with HUMBL, a new, Web 3 platform that seamlessly connects consumers and merchants in the digital economy. HUMBL uses new technologies like blockchain to deliver the HUMBL® Pay Mobile Wallet, HUMBL Studios™ online merchant listings and HUMBL Financial™ services products. HUMBL is working to reduce costs, accelerate processing speeds and improve financial technology access for customers around the world. *Award-winning refers to World Blockchain Summit (WBS) – North America Startup of the Year in 2019. The HUMBL® Mobile App will deliver 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®. 

We have reported many times on how outgoing CEO Boucher payed off all the Company’s debts on his way out. He passed away the other day and George Sharp had this to say: “When Henry and I first spoke several months ago about finding Tesoro a merger candidate, he spoke about how he wanted to leave a legacy for his long-time shareholders. He was extremely proud about the deal he made with HUMBL and spoke in glowing terms about the entire team and the Company’s progress, post-merger. Henry and I became good friends in a short period of time and I will miss him.” 

Last week TSNP reported the launch of its new division HUMBL Financial™. The mission of HUMBL Financial is to provide customers, merchants and institutions with simple, blockchain-based financial services and partners through the HUMBL® Platform. HUMBL Financial is joined by the former CEO of Coinbook, Calvin Weight, as well as, Jacob Davis, as Sr. VP, Blockchain and Algorithm Technologies, and Jane Edmondson, CEO of EQM Indexes as a Strategic Advisor. 

HUMBL Financial will soon offer trusted, third party financial services in areas like investments, credit card services and lending. HUMBL Financial is focused first on the digital asset trading markets, which are a new global trading market for blockchain technologies. The HUMBL Financial division will launch first from its Singapore offices to a number of countries, by providing blockchain indexes, proprietary trading algorithms and financial services for the new digital asset trading markets. The first services offered by HUMBL Financial will be the BLOCK Indexes and the BLOCK Exchange Traded Indexes (ETXs). 

The BLOCK ETX services comprise over 17,250 lines of proprietary code and are architected across index, active and thematic strategies. These are being marketed as BLOCK 3, BLOCK 5, BLOCK 10, BLOCK Government, BLOCK Platform, BLOCK Global Enterprise, BLOCK RSI Fractals, BLOCK MACD & VI, and BLOCK Oscillators. HUMBL Financial is also open to licensing of the BLOCK Indexes and BLOCK Exchange Traded Index products to US or global institutions and exchanges that may want to expand their digital asset or multi-asset strategy offerings through BLOCK Indexes and BLOCK ETXs. 

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TSNP

HUMBL also reported the launch of its new collection on HUMBL Studios, called HUMBL x SHOP. The online shop will offer affordable HUMBL clothing and merchandise for supporters of the HUMBL brand, as well as further memorabilia and collectibles. HUMBL Studios will also be launching limited quantity HUMBL x Collections that will be recorded on the blockchain, through the use of a new technology called: Origin Assurance™. This will include memorabilia and collectible items that will be some of the world’s first such items to be catalogued and tracked on blockchain – such as skateboards, motorcycles, artworks, posters and more. 

On February 2 TSNP announced 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. 

TSNP 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 is the beast of small caps that has seen a spectacular rise from well under a penny to recent highs over $1.25 per share. Shepherded by stock whizz George Sharp TSNP has emerged as the most powerful runner on the bulletin boards topping $100 million in dollar volume per day and making many small cap speculators rich along the way. We have reported on how outgoing CEO Boucher paid off all TSNP debt and new CEO Brian Foote who is a real go getter who has already retired over 800 million shares stated his intention to become an SEC filer and up-list to fully reporting OTCQB.  Microcapdaily first reported on TSNP in the $0.003 range on November 15 stating at the time: “Reverse Merger stocks (RM) are easily among the most exciting and explosive stocks in small caps rivaling only biotech’s 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. 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.

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