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Matters of Transparency and Confidence
Shareholders of OTHM,
It is now time for the company to become considerably more proactive. Not simply in our daily operations, but in furthering the respectability of our public image and supporting the true intrinsic value of our stock.
It goes without saying, being a non-reporting, sub-penny, pink sheet stock doesn’t come without its share of difficulties – but for the past 7 years, we have continued to manage through.
However, we are no longer looking to just “manage through.” We have evolved as executives and grown as a Company. We have made many sacrifices and took on a good deal of more risk. Plenty of good decisions have been made just as well as some less than favorable ones. Still yet, here we are, venturing to dramatically change the scope of our entire existence with one stroke of a pen, a single defining transaction, history in the making. However, this absolutely cannot happen as a pink sheet company; one with a “Stop Sign” or a “Limited Status” at that.
So today, we are going to give you the lay of the land with some insight of how we plan to make a simple but important change.
First, we will have our 2nd Qt. disclosures filed (ETA: 10/11/13).
Second, anticipate completing the “Long Form” under the OTC Markets, and file our 3rd Qt with the intentions of becoming a “Current Status” pink sheet company (ETS: 11/15/13).
Third, provided we are successful with firming up our prospective opportunity, we will begin the auditing process (ETA: January 2014).
Now, the aforementioned only speaks to matters of transparency and confidence. Other items of interest, such as the initial $10 Million Raise (who, when, where and why) and 2014 revenue projections, are subjects we will address timely, but when more appropriate. Of course, as noted within our September 25th press release, our relation’s initiative has begun. So please feel free to email, blog and or call. We want to hear from you.
In closing, Orines has stumbled onto not one, but two, amazing growth opportunities that emerged by will and fate. If we remain strong and steadfast, and our shareholders continue their unwavering support, both our FROL technology will be “front in center” as a prospect and/or contender, and the brands of HotelPure will flourish. This, we are confident of.
Thank you.
Sincerely,
Ken Chua, President
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15 Responses to Matters of Transparency and Confidence
Brent budd says:
October 10, 2013 at 4:01 pm
I have also hung around since the very beginning and check the stock price daily….. my mother and son have shares……. hopefully something positive will happen with the stock price..
Reply
clayton simpson says:
October 9, 2013 at 5:18 pm
new investor.. keep up the drive to succeed!
Reply
orienshotelpure says:
October 10, 2013 at 11:00 am
Mr. Simpson,
We certainly shall. Thank you for your support and WELCOME to OTHM!
Sincerely,
Team Oriens
Reply
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Carl Compton says:
October 3, 2013 at 3:58 pm
What are the companies short term goals with the “raise”?
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orienshotelpure says:
October 3, 2013 at 4:39 pm
Mr. Compton,
Where normally we’d be able to answer this question, the raise unfortunately, is tied directly to some specifics of the current merger/acquisition being contemplated that are not yet public. We will soon make a public disclosure of our intent for this raise along with a statement of progress concerning our developing opportunity.
Thank you for writing in.
Sincerely,
Team Oriens
Reply
Pingback: Oriens Speaks to Matters of Transparency & Confidence | Market Releases
Stephen Ponter says:
October 3, 2013 at 2:30 pm
Ken,
In the past 7 years, you have developed a professionalism that is really starting to show. I do look forward to the next few months and what they will bring.
Thanks,
Steve
Reply
orienshotelpure says:
October 3, 2013 at 4:31 pm
Mr. Ponter,
Thank you for sticking around through it all. By the way, we are confident you will like this website.
Sincerely,
Team Oriens
Reply
Brent budd says:
October 10, 2013 at 10:17 pm
Hi Steve! It’s been a while! Hopefully we are about to see a few upticks..
