EZ Traders Forum

[ProfitChaser]

OTHM the ole share reduction routine huh. Hmmm. Might be worth a shot down here at 0005

Oriens Provides Significant Updates: Share Reduction Program to Be Initiated Today; Auditor Named & More

Jul 02, 2014 08:01:00 (ET)

Oriens Provides Significant Updates: Share Reduction Program to Be Initiated Today; Auditor Named & More

LAS VEGAS, NV--(Marketwired - Jul 2, 2014) - Oriens Travel & Hotel Management Corp. (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that the Company's President, Mr. Ken Chua, has made a scheduled and significant shareholder update; furthering corporate communications and increasing Company transparency -- discussing some very exciting news.

The update provides insight on the completion of the Costa Rican property acquisition as well as the Company's current branding opportunity. Oriens also revealed that the process to begin phasing in the share reduction program for the authorized shares will be initiated today. An auditing firm has also been identified.

"This is one of the most important shareholder updates we have given since offering this as an additional tool of transparency," stated Ken Chua, President of Oriens. "Topics such as initiating the process for the authorized share reduction program, selecting an auditor, and Oriens' impending capital shift is exciting!"

Mr. Chua concluded, "While this update is rather short and to the point, the coverage is significant, with a message that is impactful and very clear."

To read our Shareholder Update, please visit -- Growth, Value & Confidence:

http://orienscorp.wordpress.com/2014/07/02/shareholder-update-to-the-point/