SOURCE: Oriens Travel & Hotel Management Corp

July 24, 2014 08:25 ET

Oriens Anticipates Unscheduled Update; Recent Events Push Timelines and Create New Opportunity

LAS VEGAS, NV--(Marketwired - Jul 24, 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 the Company's President, Mr. Ken Chua, will make an unscheduled update as recent events may have pushed up timelines -- creating new opportunities for OTHM. 

The unscheduled update is anticipated to be presented by July 31st, allowing Company executives and consultants time to properly recap the week's endeavors.

"Our regularly scheduled update will continue as usual," stated Ken Chua, President of Oriens. "However, as the team and I are presently in Costa Rica, new developments may have created a number of exciting opportunities which could possibly warrant a more detailed conversation with the markets. We are certainly making significant strides in our business plan and want to share it with both current and future stakeholders."

Oriens has effectively committed to providing six scheduled updates yearly as part of an ongoing communications strategy. This to complement the quarterly and year-end disclosures. Management will also look to initiate its first shareholder conference call within the year as well as host a stockholder event to further shareholder relations.

Mr. Chua concluded, "The purpose of our intended visit to Costa Rica has morphed considerably, giving cause for excitement. Should all resolve as presumed, we believe our enthusiasm will be shared and should reflect long-term."

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.

Related Links:

Blog: http://orienscorp.wordpress.com/
Twitter: @orienscorp
Facebook: www.facebook.com/orienstravel

Contact Information

  • Contact:

    Team Oriens
    IR Div.
    (702) 483-0318