Pure
Hospitality Solutions, formally known as Oriens Travel & Hotel Management
Corp post the recent merger and acquisition of E-Network de Costa Rica SA
(“E-Net”), has announced that its stock is now available for retail trading –
following PURE’s recent completion of its initial restructuring.
Melvin
Pereira, President and CEO of Pure Hospitality Solutions, Inc. (“PURE”)
commented, “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.” Pereira continued, “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.”
The growth
and success of PURE has been Mr. Pereira’s primary motivation and mission from
day one. The latest review of the company’s Q3 filing reflects Pereira’s
resolve. Since the merger of E-Net inside a 90 day period, Mr. Pereira has
driven PURE’s asset position upward by more than $2.6M in international
real-estate holdings. As a result, the projected resale value is likely to be
as much as $4.5M. Further, a $280k reduction in the Company’s legacy debt while
securing its first revenues ahead of schedule, places PURE on track to deliver
the solid growth necessary for building shareholder value.
Mr.
Pereira finished by saying, “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!”
Soon to be
trading under the symbol PNOW as of December 12, 2014, Pure Hospitality
Solutions, Inc. 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 online marketing and
hotel internet booking engine services, hotel branding and own, operate and
develop boutique hotels under the new, “by PURE” brand.
For more
information on the company visit www.purenow.solutions
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