Friday, February 27, 2015 10:41:21 AM
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Pure Hospitality Solutions, Inc (PNOW)
Morning,
I hope you read my analysis of PNOW last night. Well today they just announced news that they have initiated next round funding to complete and launch the Central American-Carribean online social travel hub - a funding proposal that increases the value of their flagship platform, Oveedia, from seven to eight figures.
Pure Hospitality Solutions' Value Proposition Increases: Next Oveedia Funding Round Initiated
System-Enhanced Active Media OTA Platform, Oveedia, to Be A 'Stand Out'
LAS VEGAS, Feb. 27, 2015 /PRNewswire/ -- Pure Hospitality Solutions, Inc., (PNOW) announced today, that the Company, in conjunction with Oveedia project development partners; have begun next round funding efforts, to complete and enhance the upcoming 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.
"Remember, the basic platform was tested across 118 hotels, substantially increasing occupancy at each property," stated Melvin Pereira, President of Pure Hospitality Solutions. "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."
Pure's Oveedia development partners, have taken a traditional route in capital raising for the project. Management indicated that funds for Oveedia are primarily 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 significant operational adjustments, hoping to eliminate high carry cost and the associated financial pressures – ultimately returning long-term value to shareholders.
The Oveedia funding teams have assured Pure's management, that fully capitalizing the Oveedia project privately, is doable; having already received one monetary commitment.
Mr. Pereira concluded, "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."
You can read this press release in full at http://finance.yahoo.com/news/pure-hospitality-solutions-value-proposition-130300936.html
Make sure you get ready for the opening bell moments away.
PSG
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Traders,
Our last alert gave us 15% gains but I always want more. And I've identified an incredible opportunity for tomorrow.
A ticker with a growing business and a market cap so small that according to the company, could be the target of a takeover.
PNOW has a market cap of only $141k - one of the smallest I've ever profiled.
Technically, PNOW has based strongly at current levels for multiple months, now we think this strong platform could help propel it back to $0.05+ where it was trading just last month.
Such a move could bring us large triple digit gains.
PNOW provides proprietary technology, marketing solutions and branding services to hotel operators and condominium owners.
PNOW just announced their launch of Oveedia.
Oveedia, will be to the Central American-Caribbean region what Trivago was to Germany before Expedia's $600+ Million acquisition, or Thailand's Agoda which was purchased by Priceline.
If you're going to pick a niche region to operate a travel booking engine, the Central American-Caribbean is the place to be. The Caribbean travel and tourism industry alone clocked in at 15.3bn for 2013 and was forecasted to rise to 15.9bn in 2014 according to the World Travel & Tourism Council.
And the best part... It's only going to get bigger.
For the first time in over 50 years, the United States is in the process of lifting travel bans to Cuba. Many experts predict a rush of tourism to flood the Island Country.
An investment in PNOW could be very lucrative in the long term.
And PNOW just dropped big news after the bell today, check it out...
Pure Hospitality Solutions Increases Focus On Partnerships to Develop Oveedia
Race between Google and Big Four, Gives Cause for PURE's Central America-Caribbean OTA to Be Ripe for Future Acquisition
LAS VEGAS, Feb. 25, 2015 /PRNewswire/ -- Pure Hospitality Solutions, Inc., (PNOW) announced today, that the Company has made stronger relationships, to ensure that its FROL booking engine is given new life as Oveedia, the anticipated Central-America-Caribbean Online Travel Agency (OTA) to be launched in Costa Rica later this year.
"Take a serious look at the OTA market," commented Melvin Pereira, President of Pure Hospitality Solutions, Inc. "One would not ask why, but rather urge us to pay close attention to the revamp of FROL. The reason is simple. Central America and the Latin countries of the Caribbean, currently appear to lack a centralized OTA. With OTA acquisitions now appearing to be back in the spotlight, being on the ground and having tested the platform in Costa Rica, we believe we have a strong competitive advantage."
Management points to the primary growth model of Expedia, Priceline, Orbitz Worldwide and Travelocity – suggesting that acquisition of region specific OTAs contributes to their dynamic reach. However, with Expedia's recent $1.3 Billion move to acquire Orbitz – noted as more of a "survival" tactic, given Google's recent encroachment into the space – management expects other acquisition opportunities to follow. This may particularly be the case along the roads seemingly less traveled, such as the larger portions of those nine countries making up the Central America-Caribbean region.
Mr. Pereira concluded, "We're putting much thought into client-partner/investment-partner relationships to help ensure that Oveedia's soft launch target date is attainable. We've increased our concentration and participation in Oveedia's development; anticipating it to be the most socially integrated OTA system available to the Latin travel markets."
You can read this press release in full at http://finance.yahoo.com/news/pure-hospitality-solutions-increases-focus-144600977.html
About PNOW
Pure Hospitality Solutions, Inc. (PNOW) 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 (i) online marketing and hotel internet booking engine services, (ii) hotel branding and, (iii) own, operate and in some instances develop, boutique hotels under the new, "by PURE" brand.
Recently, PNOW has also focused a large part of our daily operations on the development and acquisition of condominium apartments and hotel properties, in rapidly up and coming tourist destinations. Through the acquisition of international vacation properties "condominiums, hotels, land development projects, etc. " PURE is able to deliver increased long-term values to the company's balance sheet. This value translates through hard assets, which in most cases generate immediate, short- and long-term revenues from both rental income and property sales.
PNOW's focus on property acquisitions (boutique hotels and condominiums), will ultimately be a means to establish and deploy (i) The new "by PURE" brand (branding properties), and, (ii) a region specific, online hospitality booking engine (FROL "Friendly Reservations Online") and marketing service, utilizing proprietary technology solutions.
Through a combination of the above, Pure will offer both a growing breed of destination travelers and hotels/condominium owners, the tools necessary to facilitate hotel and entertainment accommodations online; particularly in "emerging" destination markets. This allows Pure to extend its services to clients operating in areas not yet saturated with other online hospitality booking engine services ? putting Pure in a "first movers" position in several targeted markets. Operators looking to increase bookings and/or online exposure through creative internet marketing solutions will find Pure to be an exciting and affordable opportunity.
For more info, visit their website at www.purenow.solutions
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