Company issues operational update Feb 09, 2015
Post# of 62
Posted On: 02/09/2015 4:00:20 PM
Company issues operational update
Feb 09, 2015
OTC Disclosure & News Service
Wilton, CT - Tesoro Enterprises, Inc. (TSNP)-On January 26, 2015, subsequent to the filing of its third quarter 2014 financial report, the company re-established its position as "Current Information" on the OTC Pink Service. The company reported that Net sales for the nine months ended September 30, 2012, 2013 and 2014 were $251,894, $219,196 and $316,105 respectively. In addition, net (loss) for the nine months ended September 30, 2012, 2013 and 2014 were ($150,770), ($33,255) and ($4712) respectively.
On October 31,2014, the Company's lease in New Canaan, CT. expired. The Company signed a new lease in Wilton, CT effective November 1, 2014. The new lease expires on April 30, 2016 and contains provisions for multiple extensions. The building has additional contiguous space that could be leased by the comany in the future. Company CEO, Henry Boucher, stated that the new space is larger, allowing for increased sample displays, less expensive and provided a better customer experience.
Mr Boucher also announced that the company has teamed up with Investors Hangout to offer an additional investor information board to inform our shareholders about the Company. Interested parties can visit the new Investor board and discuss our Company at http://investorshangout.com/Tesoro-Enterprises-TSNP-67853/.
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.
426 Danbury Road
Wilton, CT 06897
Feb 09, 2015
OTC Disclosure & News Service
Wilton, CT - Tesoro Enterprises, Inc. (TSNP)-On January 26, 2015, subsequent to the filing of its third quarter 2014 financial report, the company re-established its position as "Current Information" on the OTC Pink Service. The company reported that Net sales for the nine months ended September 30, 2012, 2013 and 2014 were $251,894, $219,196 and $316,105 respectively. In addition, net (loss) for the nine months ended September 30, 2012, 2013 and 2014 were ($150,770), ($33,255) and ($4712) respectively.
On October 31,2014, the Company's lease in New Canaan, CT. expired. The Company signed a new lease in Wilton, CT effective November 1, 2014. The new lease expires on April 30, 2016 and contains provisions for multiple extensions. The building has additional contiguous space that could be leased by the comany in the future. Company CEO, Henry Boucher, stated that the new space is larger, allowing for increased sample displays, less expensive and provided a better customer experience.
Mr Boucher also announced that the company has teamed up with Investors Hangout to offer an additional investor information board to inform our shareholders about the Company. Interested parties can visit the new Investor board and discuss our Company at http://investorshangout.com/Tesoro-Enterprises-TSNP-67853/.
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.
426 Danbury Road
Wilton, CT 06897
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