Scottsdale 10/7/2014 8:00:00 PM
News / Stocks

QualityStocks News - Oriens Travel & Hotel Management Corp. (OTHM) and E-Net Merger Creates Pure Hospitality Solutions, Inc.

QualityStocks would like to highlight Oriens Travel and Hotel Management (OTC PINK: OTHM), a provider of proprietary technology, marketing solutions, infrastructure, and branding services to hotel operators. The company's innovative platform functions as a powerful vehicle to help hotel operators achieve greater success in three specific areas: (1) expanded international exposure and recognition, (2) powerful core structure, and (3) high occupancy rates that drive increases in bottom-line profits.

In the company’s news,

Oriens Travel & Hotel Management recently merged with E-Network de Costa Rica SA (“E-Net”) – has announced the adaption of the name Pure Hospitality Solutions, Inc. Coinciding with the new name, the company has also put forth a new branding initiative. Both the name change and branding initiative are pending Financial Industry Regulatory Authority (FINRA) approval.

This past weekend, the company switched to a new website to run in step with the announced marketing transformation. OTHM’s site can now be found at www.purenow.solutions.

“Things are progressing quite well,” stated Melvin Pereira, President and CEO of Pure Hospitality Solutions. “We are now slated to become a strong and rejuvenated Company that should ultimately leave a large footprint in Costa Rica; especially in Jaco Beach.”

As characterized by one Senior Board Member, the company is diligently pursuing FINRA’s approval for a formal name and stock symbol change – both expected to be signed off on in the weeks ahead. “For all intents and purposes, we are Pure Hospitality Solutions,” stated the Board Member. “We expect to meet all of FINRA’s requirements this week and anticipate receiving FINRA’s approval to complete our transformation.”

As the company enters the final phases of transitioning from Oriens to Pure Hospitality Solutions, shareholders are asked to check the company’s websites, blogs, and social media pages for informational updates.

Oriens focuses on building its shareholder value through 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 one-of-a-kind, sophisticated online booking system designed to execute reservations capture through Hotel PURE consumer facing websites and individual hotel websites operated by Oriens on behalf of hotels branded under the Hotel PURE brand. The company’s headquarters are based in Las Vegas, Nevada.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.