LAS VEGAS, Dec. 3, 2014 /PRNewswire/ -- Pure
Hospitality Solutions, Inc., (OTC: OTHMD), formally known as Oriens
Travel & Hotel Management Corp following the merger/acquisition
of E-Network de Costa Rica SA ("E-Net"), announced today, that the
Company's stock is now available for retail trading – several weeks
after PURE completed its initial restructuring phase.
"This has been a long and arduous road so far, but well worth it
to see the rebirth of Oriens, as PURE's stock is now available for
retail trading," stated Melvin
Pereira, President and CEO of Pure Hospitality Solutions,
Inc. ('PURE'). "I do realize that penny stocks trading on the OTC
Markets often have a tendency to trade under influences other than
those commensurate with the bona fide activities of the company,
but here at PURE, we will do our very best to break the mold."
As previously mentioned by Mr. Pereira, the growth and success
of PURE is his primary motivation. A review of the 3rd
Quarter filing may be the strongest indication of his sincerity.
With the merger of E-Net, and in less than 90 days under Mr.
Pereira's direction, the Company increased its asset position by
more than $2.6M in international
real-estate holdings; projecting an anticipated resale value of as
much as $4.5M. There has also been a
$280k reduction in the Company's
legacy debt, and, the Company did in fact secure its first revenues
ahead of schedule.
Mr. Pereira's intent is to develop and deploy the most
comprehensive online hospitality reservation booking engine in the
Central American-Caribbean tourist market. Management
indicates that the launch of the retooled FROL (Friendly
Reservation Online) hospitality booking engine will be completed
prior to the completion of its audit; whereby the Company plans to
initiate its second stage restructuring plans – expected to
increase investor upside potential.
Mr. Pereira concluded, "We are very thankful to all of the
regulatory bodies for the heavy due diligence and scrutiny PURE
underwent during this restructuring process – on the road back to
trading. We are only that much better for it, and shareholders may
possibly feel that much better because of it. We hope you
continue to get your PURE On!"
About Pure Hospitality Solutions, Inc.
(www.purenow.solutions) (PINKSHEETS: OTHMD) – soon to be trading
under the symbol: PNOW (eta, 12/10/14)) – provides proprietary
technology, marketing solutions and branding services to hotel
operators and condominium owners. The Company's vision is to build
competitive operations in the areas of (i) online marketing and
hotel internet booking engine services, (ii) hotel branding and,
(iii) own, operate and in some instances develop, boutique hotels
under the new, "by PURE" brand.
Recently, Pure has also focused a large part of daily operations on
the development and acquisition of condominium apartments and hotel
properties, in rapidly up and coming tourist destinations. Through
the acquisition of international vacation properties, condominiums,
hotels, land development projects, etc., PURE is able to deliver
increased long-term values to the Company's balance sheet. This
value translates through hard assets, which in most cases generate
immediate, short- and long-term revenues from both rental income
and property sales.
(For more, visit:
http://www.otcmarkets.com/stock/OTHMD/profile)
Related Links:
3rd Quarter Filing Shows Promise of Increase Value:
http://www.purenow.solutions/pure-positive-value/
3rd QT (9/30/14):
http://www.otcmarkets.com/financialReportViewer?symbol=OTHMD&id=129872
Oriens Proudly Completes Reverse Split:
http://www.purenow.solutions/oriens-reverse-split-2/
Oriens Engages PCAOB Auditor:
http://finance.yahoo.com/news/oriens-engages-pcaob-auditor-121500067.html;_ylt=AwrBEiLamHtUFywAOjSTmYlQ
Pure Hospitality Solutions, Inc. Pinterest (BE):
http://www.pinterest.com/purehss/
Pure Hospitality Solutions, Inc. Bahia-Encantada:
http://www.purenow.solutions/Videos/PURE.mp4
Pure Hospitality Solutions, Inc. Facebook:
https://www.facebook.com/PUREnow
Pure Hospitality Solutions, Inc.Twitter:
https://twitter.com/purehss
Pure Hospitality Solutions, Inc.Google +:
https://plus.google.com/+PurenowSolutionsplus/
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.
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SOURCE Pure Hospitality Solutions, Inc.