Oriens Upgraded to OTC Markets' Current Status
March 05 2014 - 9:16AM
Marketwired
Oriens Upgraded to OTC Markets' Current Status
Current Filer Status -- Prelude to Commencing Audit as
Merger/Acquisition Nears
LAS VEGAS, NV--(Marketwired - Mar 5, 2014) - Oriens Travel &
Hotel Management Corp. (PINKSHEETS: OTHM), the Next Generation
International Hotel Brand Operator, operating its Hotel PURE brand,
announced today that the company has reached a higher level of
transparency and has been upgraded to the Pink Sheets Current
Information Status by OTC Markets.
"We have disclosed our financial information to the investment
community in a fashion that is becoming of a fully transparent
company," stated Ken Chua, President of Oriens Travel and Hotel
Management Corp. "This endeavor has transformed Oriens into a
Company poised for an imminent, multi-million dollar
merger/acquisition."
Ken Chua continued, "We have received an influx of optimistic
input since we've updated our financials, and shareholders are very
pleased with the transformation we've taken to prepare for upcoming
opportunities. Of course, we will not stop here. We
expect to commence the auditing process very shortly."
Ken Chua concluded, "The most exciting part of this
transformation process, is having the opportunity to share the end
result with our shareholders in Costa Rica. The proposed
reduction of the authorized, the pending merger/acquisition, and,
anticipated infusion of both capital and assets, makes this journey
worth the while -- for prosperity, confidence and overall
value."
About Oriens Travel & Hotel Management Corp.
(www.orienscorp.com) (PINKSHEETS: OTHM) engages in the operation of
hotels and resorts primarily in the United States and Central
America under the Hotel PURE brand. The company also operates
Friendly Reservations Online, a proprietary and sophisticated
online booking system designed to execute reservations capture
through Hotel PURE consumer facing websites, as well as individual
hotel websites operated by Oriens on behalf of hotels branded under
the Hotel PURE brand. Oriens is based in Las Vegas, Nevada.
Safe Harbor Statements in this news release that are
not historical facts, including statements about plans and
expectations regarding products and opportunities, demand and
acceptance of new or existing products, capital resources and
future financial results are forward-looking. Forward-looking
statements involve risks and uncertainties which may cause the
Company's actual results in future periods to differ materially
from those expressed. These uncertainties and risks include
changing consumer preferences, lack of success of new products,
loss of the Company's customers, competition and other factors
discussed from time to time in the Company's filings with the
Securities and Exchange Commission.
Blog: http://orienscorp.wordpress.com/ Twitter: @orienscorp
Facebook:
https://www.facebook.com/pages/Oriens-Travel-Hotel-Management-Corp/1452190994994900
Contact: Team Oriens IR Division (702) 483-0318
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