In Memory of Henry “Bud” Boucher
- S&P 500, Dow hit record highs on upbeat earnings, strong retail sales
- Thermo Fisher Scientific (TMO) to Acquire PPD, Inc. (PPD) for $47.50/sh, $17.4 Billion
- U.S. retail sales surge; weekly jobless claims drop to one-year low
- Cathie Wood's ARK Buys 750K Shares of Coinbase (COIN), Sells 240K Shares of Tesla (TSLA)
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
San Diego, California, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTCMKT: TSNP) (“Tesoro”), which will soon be renamed HUMBL, Inc., regrets to announce the unexpected death of its former President and Company founder, Henry “Bud” Boucher. While Mr. Boucher had no part in the creation of HUMBL, it was his desire to provide his loyal shareholders with a strong asset that enabled the merger between the two companies.
Tesoro’s Capital Markets Advisor, George Sharp, stated. “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.
Tesoro President and CEO, Brian Foote, remarked, “The shareholders of Tesoro/HUMBL owe a debt of gratitude to Henry Boucher. His dedication to his shareholders is a testament to his spirit and we would like to express our deepest sympathies to his entire family. HUMBL is committed to Henry’s goals of success and prosperity for its shareholders.”
HUMBL is 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®.
HUMBL Financial is not a broker dealer, transactional intermediary, counterparty or investment advisor. HUMBL Financial™ is not registered with the Securities and Exchange Commission (SEC) as an Investment Advisor. HUMBL Financial™ does not provide investment or trading advice. Any investment decision a user of the HUMBL Financial™ platform may make is solely at his or her own discretion and risk. Trading in financial instruments is risky and can result in losses greater than the trader’s initial deposit. Hypothetical back-testing and real-time track records should not be relied upon in predicting future performance. HUMBL Financial™ and its agents, brokers, affiliates or employees do not prepare and cannot be responsible for data and data compilation contained in or derived from back-testing and simulation features.
Safe Harbor Disclaimer
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Virgin Galactic (SPCE) Plunges 4% as Founder Richard Branson Sells Over $150 Million in Stock
- TEGNA (TGNA) Prelim. Q1 Results Top Consensus
- Amplitech Group Inc. (AMPG) Prices 2.715M Share Registered Direct Offering Priced At-The-Market