LAS VEGAS, NV, United States, via ETELIGIS INC., 11/24/2014 – – Pure Hospitality Solutions, Inc., (OTC Pink: OTHMD) (PINKSHEETS: OTHMD), formally known as Oriens Travel & Hotel Management Corp, announced today that the Company has completed its Third Quarter Disclosures, following the merger/acquisition of E-Network de Costa Rica SA (“E-Net”) and a rather arduous initial capital restructuring in support of the merger/acquisition.
“Today’s filing marks an important milestone for me,” stated Melvin Pereira President and CEO of Pure Hospitality Solutions, Inc. (“PURE”). “Not only was this third quarter disclosure my first filing as an executive of a public company, but it represents the beginning of a cultural shift; a change in how this Company will operate and grow. I hope to find the strength and ability to consistently improve our balance sheet; making each disclosure more attractive for shareholders to not only read, but to find solace in their long-term financial commitment to this Company… PURE.”
Management indicated that this particular filing was delayed due to the merger/acquisition of E-Net, the initial restructuring, and, management’s attention to evolving and refining the Company’s new message. Now PURE eagerly awaits for the market to resume retail trading activity.
The Company does not control this process. However, management did indicate that after discussions with legal and market professionals, it appeared as though the round-up program required more work to organize at the retail level. This process could take as much time as three weeks.
Mr. Pereira concluded, “While we are excited to see market activity resume, our job is to focus on operations. If we do that well, then the expectation is that the market will eventually reflect our hard work and effort. Therefore, we will continue to report our progress regularly, regardless of market activity or the current lack-thereof.”
The third quarter disclosure has been filed with the OTC Markets as of today, Monday, November 24, 2014, at 2:30 p.m. Management anticipates the Company will return to ‘Current Filer’ status within 48 hours.
About Pure Hospitality Solutions, Inc.:
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)
3rd QT (9/30/14): http://www.otcmarkets.com/financialReportViewer?symbol=OTHMD&id=129872
Pure Hospitality Solutions, Inc. Pinterest (BE): http://www.pinterest.com/purehss/bahia-encantada/
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/
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: Pure Hospitality Solutions, Inc.