At the
closing bell today, Pure Hospitality Solutions, Inc., formally known as Oriens
Travel & Hotel Management Corp., announced that it has filed Third Quarter
Disclosures, following the merger/acquisition of E-Network de Costa Rica SA
(“E-Net”) and an initial capital restructuring in support of the
merger/acquisition.
Melvin
Pereira, President and CEO of Pure Hospitality Solutions, Inc. (“PURE”),
commented, “Today’s filing marks an important milestone for me. 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.”
According
to the press release, this particular filing was delayed due to the
merger/acquisition of E-Net, the initial restructuring, and the refining of the
company’s new branding. Now PURE eagerly awaits for the market to resume retail
trading activity.
The
company reminded shareholders that it doesn’t control this process, but
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.
“While we
are excited to see market activity resume, our job is to focus on operations,”
added Mr. Pereira. “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. Executives at the company anticipate ‘Current
Filer’ status will be achieved within 48 hours.
For more
information on Pure Hospitality Solutions, visit www.purenow.solutions
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