Pure Hospitality Solutions, Inc. (PNOW) Commences Oveedia Funding – Eyes System-Enhanced, Active Media OTA Platform

Pure Hospitality Solutions announced that the company has aligned with Oveedia project development partners for the purposes of kicking off the next round of funding efforts intended to complete and enhance the impending soft launch of the Central American-Caribbean, online social travel hub, Oveedia. This funding proposal increases Oveedia’s overall valuation, from seven to eight figures.

Mr. Melvin Pereira, President of Pure Hospitality Solutions commented, “Remember, the basic platform was tested across 118 hotels, substantially increasing occupancy at each property. Today’s product, designed particularly for today’s market, is not your grandfather’s OTA. It’s not even your father’s OTA for that matter. Oveedia is a dynamic, travel system platform, assured to boast interactive media components and snazzy social media integrations. There will be nothing like it.”

Development partners at Pure’s Oveedia are taking what’s characterized as a traditional route in capital raising for the project. Management reports suggest that funds for Oveedia on the whole are being raised through private, controlled funding rounds. This will manage expected growth, minimize dilution and contribute to the systematic increase of valuations prior to the next series of rounds. Pure’s management also seeks to make operational adjustments with the intention of eliminating high carry cost and the associated financial pressures thereby contributing to long-term value to shareholders.

The Oveedia funding teams have assured Pure’s management that the act of capitalizing the Oveedia project privately is feasible. Further, the group has already received one monetary commitment.

Mr. Pereira summarized, “We have only one objective in mind, to develop and position Oveedia for early acquisition. Either as a ‘systems’ travel product, or region specific OTA, we are confident the next 36 months will reward Pure and all of our loyal shareholders.”

PURE 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 from time to time develop boutique hotels under the new, “by PURE” brand.

For more information on the company, visit www.purenow.solutions

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