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"The business opportunities Oriens has been introduced to in the Jaco real estate community should not be underestimated."
This is only the beginning...
Exactly, can you update the S/S to reflect the OTC Market?
The OTHM iHub intro page shows this (false)
OTHM SHARE STRUCTURE
Shares Outstanding 1,821,933,732 a/o Mar 31, 2014
Float UNKNOWN (gagged TA) a/o Mar 31, 2014
Authorized Shares
2,011,000,000 a/o Mar 31, 2014
OTC Markets shows this.
Shares Outstanding 1,186,564,685 a/o May 31, 2014
Float 714,028,518 a/o Dec 31, 2013
Authorized Shares 2,000,000,000 a/o Mar 31, 2014
The S/S on the intro page has been "vandalized" with misleading data.
Shares Outstanding 1,186,564,685 a/o May 31, 2014
Float 714,028,518 a/o Dec 31, 2013
Authorized Shares 2,000,000,000 a/o Mar 31, 2014
Oriens Provides Recap Following Shareholder Update
Posted on July 7, 2014 by orienshotelpure
LAS VEGAS, NV–(Marketwired – Jul 6, 2014) – Oriens Travel & Hotel Management Corp. (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that in response to excited comments received by management, Oriens is providing a recap following OTHM’s Growth Value and Confidence Shareholder Update.
As the Company looks to finalize the first Costa Rican property acquisition, it should be noted that Oriens is on schedule. This purchase will provide Oriens with the opportunity to significantly increase its asset base, as well as provide revenues upwards of $8 million, within a two year window.
The business opportunities Oriens has been introduced to in the Jaco real estate community should not be underestimated. It goes without saying that these business alliances have enabled Oriens to achieve corporate milestones; enabling the Company to reel in nearly $50M in collective assets now in negotiations for acquisition. This is in addition to those relationships which essentially secured Oriens position with BW Point condominium Trust LLC SRL, to secure the Company’s interest in the 15-story, 42 Unit (plus penthouse) beachfront property at Jaco Beach, Costa Rica.
“This is only the beginning,” stated Ken Chua, President of Oriens. “With the re-launch of both our FROL (Friendly Reservations Online) and the ‘Hotel PURE’ brand, as well as the PCOAB audits, we are busy. Our success is imminent.”
The shareholder update shed some light on the status of the Hundley & Associates LOI, which has “…been put on hold for the time being,” as noted within the update (http://orienscorp.wordpress.com/2014/07/02/shareholder-update-to-the-point/). However, as noted, “…the unexpected adjustment has not hindered Oriens’ progress forward.” This is evident by the strides the Company has made thus far. With regards to the shareholder event intended to be hosted in Costa Rica, event coordinators will continue organizing the event based on the Company’s new and more fruitful accomplishments.
Management also announced that it formally initiated the process to begin phasing in a program to systematically reduce the authorized shares as logistically viable. The first reduction should be reflected within the month, as the legal process requires several business days to complete the task. The Company also identified its preferred auditing firm [whereby a formal proposal was issued to Oriens]. Expectations include engagement within the month.
As Mr. Chua concluded in the shareholder update, “How exciting! To have walked this path with you. We are thankful for those of you who have supported us and had the resolve to hang in there. We hope to continue hitting our benchmarks and build for you, an incredible sense of confidence and value in Oriens Travel & Hotel Management Corp. as a long-term shareholder.”
About Oriens Travel & Hotel Management Corp. (www.orienscorp.com) (PINKSHEETS: OTHM) engages in 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 proprietary and sophisticated online booking system designed to execute reservations capture through Hotel PURE consumer facing websites, as well as individual hotel websites operated by Oriens on behalf of hotels branded under the Hotel PURE brand. Oriens is based in Las Vegas, Nevada.
Safe Harbor Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company’s actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company’s customers, competition and other factors discussed from time to time in the Company’s filings with the Securities and Exchange Commission.
Pat Hundley and Costa Rica
http://www.costaricainjustice.com/
Popular opinion in Jaco, Costa Rica is that in the last 10 years Pat Hundley has had more postive impact on Jaco both socially and economically than any other single person. The following list is not an all inclusive of Mr. Hundley's community involvement.
- Resident of Costa Rica since 2003
- Founded Daystar Properties in 2004
- Responsible for tremendous economic development in Jaco, including:
? > Developing 5 beachfront condominiums
> Spearheaded paving of streets
> Spearheaded establishment of Tourist Police force
> Founded Central Pacific Chamber of Commerce in 2006
> Employed 100s of Costa Ricans as part of Daystar Properties
> Played significant part in Jaco beach becoming an international tourist destination
> President of Chamber of Commerce for 6 years
- Social / Community Support includes:
? > Donated radios and bicycles to Fuerza Publica and Municipal Police.
> Responsible for logistics for the Jaco Challenge 3.0, 4.0 and 5.0.
> Responsible for parking and fundraising for the National Surf Circuit in Playa Hermosa.
> Built Teatro Jaco to bring live theater and artist learning to Jaco
> Brought Jaco Rays soccer team to Jaco
> Support of the McKee Project
> Support of local orphanages
> Donated boxing equipment, jerseys, and much more to local youth organizations.
> Support of the Save the Macaws project.
> Promotion of green initiatives and environmental safety within his operations.
The Priceline Group’s intent to acquire OpenTable means that merger and acquisition activity in the travel industry in 2014 may even outdo 2013's frenetic pace. Get ready for the next shoe to drop.
— Dennis Schaal
We have now phased out almost 100% of our U.S. & Canadian accounts in order to concentrate and aggressively pursue the building of our HotelPURE brand, and launching our new standalone FROL system in Costa Rica and Central America.
http://www.bloomberg.com/news/2014-06-23/oracle-buys-micros-for-4-6-billion-to-add-hotel-software.html
Ultralight Aerial view Jaco Beach Costa Rica
Oriens Executes LOI With Seller; Transaction Consummated With Cash Consideration
LAS VEGAS, NV, United States, via eTeligis Inc., 06/25/2014 - - Oriens Travel & Hotel Management Corp. (OTC Pink: OTHM) (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today, that OTHM and BW Point Condominium Trust LLC SRL ("BW Point"), have executed an LOI approving ORIENS' acquisition of BW Point's beach front property; memorialized by cash consideration from funds raised by OTHM in a non-toxic financing.
"Once the acquisition is complete, Oriens would book immediate asset values, boasting estimated revenues close to nine million dollars," stated Ken Chua, President of Oriens Travel & Hotel Management."This deal will dramatically adjust the actual worth and value of Oriens."
Management indicated that the LOI was completed with a cash payment of approximately 4.5% of the acquisition price to secure the deal. It is expected that the majority of the remaining capital required for completion of the acquisition, along with working capital, will be raised through traditional, asset backed financing.
The 15 story, forty-two unit beach front condo/hotel building, of which Oriens is set to acquire BW Point's interest, will serve as the Company's foundation to launching and developing its condo/hotel brand management, property ownership and online booking business model. With other major property development projects going up in the immediate area, management expects that the rate of tourism will significantly increase in Jaco Beach, positioning Oriens for very rapid growth.
Mr. Chua concluded, "By focusing on our development in Costa Rica, we have been able to structure real financial opportunities, those which will almost immediately reflect in our financials. We are confident that shareholders will soon receive a substantial boost in confidence within the next 20 business days."
About Oriens Travel & Hotel Management Corp. (www.orienscorp.com) (OTC Pink: OTHM) (PINKSHEETS: OTHM) engages in 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 proprietary and sophisticated online booking system designed to execute reservations capture through Hotel PURE consumer facing websites, as well as individual hotel websites operated by Oriens on behalf of hotels branded under the Hotel PURE brand. Oriens is based in Las Vegas, Nevada.
Safe Harbor Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.
Related Links:
Blog: http://orienscorp.wordpress.com/
Twitter: @orienscorp
Contact:
Team Oriens
IR Div. (702) 483-0318
SOURCE: Oriens Travel & Hotel Management Corp
Questions or concerns about the company? You contact the company as they are the entity you have an issue with.
The Company has determined that the Company is not now or any time in the past a “shell company” as that term is defined by the Commission as per Release 33-8869, footnote 172, whereby the Company is a fully operative ongoing operation with implemented business plan, Note payables, leases, rights, etc.
OTC Markets Issuer Disclosure Document Dated: May 12, 2014
Oriens Back on Track to Establish Multi-Million Dollar Hotelier/Booking Brand
Posted on June 23, 2014 by orienshotelpure
LAS VEGAS, NV–(Marketwired – Jun 23, 2014) – Oriens Travel & Hotel Management Corp. (OTC PINK: OTHM) (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, announced today that the Company has established a newly proposed roll out of Oriens business model; launching the new FROL System, while acquiring and branding its own properties under the newly emerging brand.
“The circumstances that temporarily derailed us were unfortunate, but in no way debilitated our ability to continue forward,” stated Ken Chua, President of Oriens Travel & Hotel Management. “The beginning of the 3rd Quarter should be spectacular for Oriens, as we intend to have our first multi-million dollar acquisition completed. This will spearhead the way for us to complete every endeavor we initially contemplated coming into 2014. This should be quite the year for Oriens.”
Upon entering 2014, Oriens expected to complete a merger, which was anticipated to be positive for the growth of the Company. Third party mishaps created a minor snafu, ultimately however, proving to be positively more beneficial than what the contemplated merger would have created. The Company is now just a few weeks away from completing their first multi-million dollar real estate acquisition.
Amongst other benefits of this transaction, Oriens would now have the full ability to state that it is truly a hotel brand and management company, operating its own condo/hotel properties, while deploying an online booking engine service to a rapidly up and coming tourist region in Central America.
Mr. Chua concluded, “Now that we are back on track, we will quickly begin tending to various open items, such as the PCAOB audit, authorized share reduction and the re-launch of the brand and booking engine. This quarter’s upcoming shareholder update will certainly be eventful.”
The company is set to release its shareholder update on July 2nd.
About Oriens Travel & Hotel Management Corp. (www.orienscorp.com) (PINKSHEETS: OTHM) engages in 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 proprietary and sophisticated online booking system designed to execute reservations capture through Hotel PURE consumer facing websites, as well as individual hotel websites operated by Oriens on behalf of hotels branded under the Hotel PURE brand. Oriens is based in Las Vegas, Nevada.
Safe Harbor Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company’s actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company’s customers, competition and other factors discussed from time to time in the Company’s filings with the Securities and Exchange Commission.
Some people choose not to participate in an endless charade aka "debate" of extreme folly and foolishness. Waste of time. The truth isn't always "nice" but it stands on it's own without input from Internet Lawyers, Accountants, CPA's or any other profession you imply. Yesterday somebody (not me) asked a "fair question" on this forum and was treated like "shark chum" by members in here. Lawyers? Accountants? CPA's?
Let's just call it a day....
malc, thanks in advance for providing the requested documentation. End of Discussion.
I agree with you, perhaps you could share that insight with malc as he refuses to step away from the computer to do just that. Maybe you could even convince him to make a phone call, according to your statement you confirmed the problem. I am not the one with the problem. Great to see more people aware of just what the problem is. End of Discussion.
You "mainly" think a company is a scam means you are not sure. My findings differ from yours even though everyone uses the same Internet.
You don't actually think the company is behind that do you? That promo is amateur hour, old outdated info....come on.....
yes sigh...I wasn't trying to solve this mystery but you asked a question. Point was for malc, he got it.
Disregard the collateral fallout.
Sam, Here is that link connecting you to IVP with the same registrant phone # as mentioned before.
http://www.brownbook.net/business/38692502/investmentprotectionbureau
United Statesinvestmentprotectionbureau
14747 N Northsight Blvd Suite 111, PMB 309, 85260
1.4806242599
allenesanitras@yahoo.com
http://www.investmentprotectionbureau.org/
Link to this page:
Edit
investmentprotectionbureau, $busines.business_address.value}-->
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There is one Giant can of worms linked to that address and phone # as you will see. I arrived at that so called "Investment Protection Bureau" site from an oddball direct link noticing the same registrant phone # Registrant Phone: +1.4806242599 did not save that exact link but there are no shortage of similar paths to follow. IPV site does not list that #, however Facebook # includes Florida contact info.
Just some Observations....
https://www.facebook.com/pages/Investment-Protection-Bureau/453109504772395
https://www.google.com/search?hl=en&gl=us&tbm=nws&authuser=0&q=14747+N+Northsight+Blvd.+Suite+111%2C+PMB+309&oq=14747+N+Northsight+Blvd.+Suite+111%2C+PMB+309&gs_l=news-cc.3..43j43i53.2655.87288.0.88195.43.3.0.40.0.0.101.291.1j2.3.0...0.0...1ac.1.qB8AujMjFUU#authuser=0&gl=us&hl=en&q=14747+N+Northsight+Blvd.+Suite+111%2C+PMB+309
Chinese Investors Buy International Hotel Brands to Keep Up With Chinese Tourists
http://orienscorp.wordpress.com/2014/05/05/costa-rica-promoted-as-a-premier-tourist-destination-at-beijing-travel-conference-in-april/
Wang Wen, China Daily/Stable investment returns and increasing Chinese outbound tourism have prompted Chinese companies to purchase more overseas luxury properties in recent years, some investment experts said.
Kai Yuan Holdings Ltd, a Hong Kong-listed investment holding company focusing on industrial investments, announced on Monday that it would spend 344.512 million euros ($471.94 million) on the property and operation of Paris Marriott Hotel Champs-Elysees, the only five-star hotel located on the Champs-Elysees.
In mid-2013, Fosun International Ltd, an investment group for insurance, industrial operations, investment and asset management based in Shanghai, also made a joint proposal with Ardian, a private equity firm, to purchase 80 per cent of the shares of Club Mediterranee SA, a global resort hotel group based in France, and the two purchasers already had 20 per cent shares of Club Med.
The fast-growing Chinese outbound tourists group and their strong consumption power drew Chinese investors to the overseas hotel properties, some analysts said.
“Travel is a driving factor for Chinese companies purchasing hotel properties in tourism destinations,” said Xia Yangyang, director of international capital group at Jones Lang LaSalle China.
The number of Chinese residents traveling overseas in 2013 was 98.19 million person-trips, with an 18 per cent year-on-year growth, and their consumption increased by 26.8 per cent compared with 2012 to $128.7 billion in 2013, the China Tourism Academy said in statement.
Chinese investors also try to get a piece of pie from outbound tourism market and their hotels will be attractive for Chinese travelers, as they could provide more Chinese services, such as Mandarin services and Chinese food, Xia said.
Kai Yuan Holdings said in its announcement that once the acquisition is completed, more marketing efforts would be focused on the China market. “The group believes there is potential to attract more Chinese customers and further improve the current occupancy rate of the hotel,” Kai Yuan Holdings said.
(c)2014 the Asia News Network (Hamburg, Germany)
Visit the Asia News Network (Hamburg, Germany) at www.asianewsnet.net/home/
Distributed by MCT Information Services
Sam, Actually, you missed the connection..That "financial analysis site" phone # links to stock pumper.com as I indicated with the registrant name.
As seen on Investors Hub..bottom of page stock pumper.com
http://stockpumper.com/
http://www.investmentprotectionbureau.org/index.php/en/ (registrant phone #)
# WHOIS stockpumper.com
Domain Name: STOCKPUMPER.COM
Registry Domain ID: 1750730375_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2013-10-31 11:16:27
Creation Date: 2012-10-08 12:56:31
Registrar Registration Expiration Date: 2015-10-08 12:56:31
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.480-624-2505
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Domain Status: clientRenewProhibited
Domain Status: clientDeleteProhibited
Registry Registrant ID:
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.com
Registrant Street: 14747 N Northsight Blvd Suite 111, PMB 309
Registrant City: Scottsdale
Registrant State/Province: Arizona
Registrant Postal Code: 85260
Registrant Country: United States
Registrant Phone: +1.4806242599
Registrant Phone Ext:
Registrant Fax: +1.4806242598
Registrant Fax Ext:
Registrant Email: STOCKPUMPER.COM@domainsbyproxy.com
Registry Admin ID:
Admin Name: Registration Private
Admin Organization: Domains By Proxy, LLC
Admin Street: DomainsByProxy.com
Admin Street: 14747 N Northsight Blvd Suite 111, PMB 309
Admin City: Scottsdale
Admin State/Province: Arizona
Admin Postal Code: 85260
Admin Country: United States
Admin Phone: +1.4806242599
Admin Phone Ext:
Admin Fax: +1.4806242598
Admin Fax Ext:
Admin Email: STOCKPUMPER.COM@domainsbyproxy.com
Registry Tech ID:
Tech Name: Registration Private
Tech Organization: Domains By Proxy, LLC
Tech Street: DomainsByProxy.com
Tech Street: 14747 N Northsight Blvd Suite 111, PMB 309
Tech City: Scottsdale
Tech State/Province: Arizona
Tech Postal Code: 85260
Tech Country: United States
Tech Phone: +1.4806242599
Tech Phone Ext:
Tech Fax: +1.4806242598
Tech Fax Ext:
Breakwater Point Jaco Beach Costa Rica....Multi-Millions +
http://www.remax-caribbeanislands.com/Condo-Apartment-For-Sale-Jaco-Puntarenas-Costa-Rica_900131013-20
http://www.daystar-properties.com/docs/DayStar.pdf
Expecting an update from the company (soon) as they have been regularly keeping shareholders advised of ongoing operations. (To the extent publicly possible) The current Hotel PURE website will also be getting a makeover and updated with company owned/flagged properties when ready for public release as previously announced. Delays and details being fine tuned are normal for any Merger/Acquisition.
The current revised focus and strategy (per public filings) is on Jaco Beach Costa Rica/Central America.
Ref: Below property is from the current Hotel PURE website and is registered with OTHM via publicly available records.
https://www.facebook.com/BreakWaterPointJaco
You have failed to provide documentation as requested. You should reconsider your position of not contacting the appropriate source to answer any other questions you wish to ask. End of Conversation.
You have an Interactive recorded post history with Melvin Pereira, is their a reason you are asking me questions when you have been in direct contact with the entity you question?
Your post is off-topic, this is OTHM not PGGG or any other company you have an issue with. Provide documentation as I have requested on topic.
Your statement is absolutely False. The Fact is the Merger Partner is "Hundley Associates SRL" a legal entity that stands on it's own accord. Can you provide documentation to support your claim? Rumors and speculation are not a representation of Truth.
A MESSAGE FROM PAT HUNDLEY: (THE FACTS) DAYSTAR PROPERTIES
By deploying our new real estate, branding and online booking engine
Next Generation International Hotel Brand Operator, announced today, that the Company has officially initiated the acquisition process of its first property in Jaco Beach, Costa Rica.
It is expected that upon the completion of the acquisition, Oriens will immediately move to begin marketing the image of the property under its brand, which will be supported by the Company's new FROL (Friendly Reservations Online) booking system.
Hotel Pure? Costa Rica Oceanfront Luxury properties.....watch....