LAS VEGAS, NV, United States, via ETELIGIS INC., 11/10/2014 – – Oriens Travel & Hotel Management Corp. (OTC Pink: OTHM) (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator recently merged with E-Network de Costa Rica SA (“E-Net”) provides a correction and clarification to items in a recent press release, “ Oriens Adds Exclusive Nativa Property To Portfolio Through Merger.”
The opening paragraph of the aforementioned release requires a correction to, “…the Company has inherited an incredibly valuable, 200,000 sq. foot, pristine land parcel at the exclusively gated Nativa Resort…” The particular parcel within the Nativa Resort the Company owns is not 200,000 sq. feet, but rather 20,000 sq. feet. Nonetheless, valuable assets like this Nativa land parcel – gained as a direct result of the E-Net merger/acquisition – is the substantiating event driving both the current restructuring and the Company’s projected revenue and valuation.
Also, for clarification, the third paragraph quote suggest that, the Company will be “utilizing the architectural design of Frank Lloyd Wright,” vs. the Company will be “utilizing the same architectural design style as a Frank Lloyd Wright.” The Company’s architect – not Frank Lloyd Wright – will design and build the Nativa property based on Mr. Wright’s style; offering great appeal to both vacation property investors and tourist.
Management reaffirms that the Company is expanding its reach throughout Costa Rica. There are other acquisition targets in queue and management has set its sights on the re-launch of its FROL (Friendly Reservations Online) hospitality reservation booking engine within Costa Rica’s rapidly growing tourist market. This expansion will complement and support the new value of the Company, the new and current revenues of the Company and the continuous increase in its brand exposure and name recognition.
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.
Pure Hospitality Solutions, Inc. Pinterest (BE): http://www.pinterest.com/purehss/bahia-encantada/
Pure Hospitality Solutions, Inc. Bahia-Encantada Video: 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.
IR Div. (702) 483-0318
SOURCE: Oriens Travel & Hotel Management Corp.