Some of these PRs actually looks appealing...
New Incoming CEO Completes Oriens' Multi-Million Dollar Purchase
Bahia Encantada Becomes Oriens' First Property Purchase; Revenue Projections Increase Substantially
LAS VEGAS, NV--(Marketwired - Oct 7, 2014) - Oriens Travel & Hotel Management Corp. (OTC Pink: OTHM) (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, recently merged with E-Network de Costa Rica SA ("E-Net") -- soon to be known as Pure Hospitality Solutions, Inc. [pending FINRA approval] -- announced that new incoming President & CEO, Melvin Pereira, has completed Oriens' first multi-million dollar international property acquisition of Global Asset Management Holdings' interest in Bahia Encantada.
"Correct me if I am wrong, but I do believe this is the best way to begin my tenure as CEO," said Mr. Pereira. "While my commitment, hard work and dedication shouldn't be completely valued based on my delivering a substantial amount of assets within weeks of my executive nomination, it does speak loudly to my mandate. I get the job done!"
Management confirms that Global Asset Management Holdings' interest in Bahia Encantada reflects an achievable market value upwards of $8 Million USD; $10 Million USD relative to neighboring developments. This ultimately increases the Company's projected revenues substantially. This acquisition also delivers an additional mid-seven figures of net profit to Oriens (PURE Hospitality Solutions), should all aspects of the transaction conclude favorably.
The Bahia Encantada acquisition is completed in two parts. Details of the transaction will further be disclosed tomorrow (Wednesday, October 8th, 2014) on the corporate blog. However, management indicated that Mr. Pereira structured the transaction in such a way to be easily managed. The Company will also look to rebrand its Bahia Encantada holdings with the new PURE brand, and, will soon deploy a retooled version of the FROL (Friendly Reservations Online) to manage online bookings.
Mr. Pereira concluded, "This is just the beginning. We absolutely have a long road ahead. It will not be an easy path, as I did inherit quite a mess. However, look at what we just accomplished. I am confident we will have a lot of fun traveling this journey together. Just remember, No One Gets Left Behind!"
