Tesoro Enterprises, Inc. (TSNP) today issued preliminary financial performance information for the second quarter of 2014. Revenue for the three months ended June 30, 2014 was approximately $72,500.00 an increase of approximaely $53,000, or 200%, over the revenue reported for the three months ended March 31, 2014 of $18,892. Net Income, before income tax, for the three months ended June 30, 2014 was approximately $3,900.00 an increase of approximately $26,758 over the Net Loss of ($22,858) reported for the three months ended March 31, 2014.
Forward-Looking Statements
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company?s current expectations regarding future events. Actual events could differ materially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Tesoro Enterprises, Inc. are ?forward-looking statements? within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on the forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company?s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company?s expectations include, but are not limited to, those factors that are disclosed under the heading ?Risk Factors? and elsewhere in documents filed by the Company from time to time with the Securities and Exchange Commission.
Contact Information:
Tesoro Enterprises, Inc.
26 Cross Street
New Canaan, CT 06840
203/763-1169
