SOURCE: Pure Hospitality Solutions, Inc.

Pure Hospitality Solutions, Inc.

May 24, 2017 07:30 ET

Pure Reminds Shareholders Of Today's Ex-Dividend Date To Participate In Preferred Stock Dividend

Shareholders Holding A Minimum of 1.2M Shares Are Eligible to Receive Non-Dilutable, Non-Reversible, Preferred Stock Dividends

LAS VEGAS, NV--(Marketwired - May 24, 2017) - Pure Hospitality Solutions, Inc. (OTC PINK: PNOW), the developer of multiple and diverse business ventures, relevant to Central America and the Caribbean, announced today, that management would like to remind all of its shareholders and those interested investors who wish to participate in the non-dilutable, non-reversible, Series BB Preferred Stock Dividend, that the Ex-Dividend Date is today, Wednesday, May 24, 2017.

"This is an important reminder for us to convey to our shareholders," stated Melvin Pereira, President and CEO of Pure Hospitality Solutions. "Considering that we felt it was in the best interests of our shareholders to extend the original Ex-Dividend date from May 10th, to today, Wednesday, May 24th, to further shareholder participation, we wanted to make sure that we answered as many requests for information as possible to limit confusion. This particularly, as the number of investors and shareholders that have been contacting us for more information continues to grow."

To reaffirm, the Ex-Dividend Date is the cutoff date to make purchases of PNOW common stock whereby shareholders must decide whether they wish to hold a minimum of 1,200,000 shares of PNOW common stock in order to receive the preferred stock dividend; which is calculated at 8.82 shares of Preferred Stock for every 100,000 common shares owned as of today. This means, that each shareholder holding the minimum of 1.2M common shares, is given a dividend consisting of 106 shares of Series BB Preferred Stock, and receives an additional 8.82 shares of Preferred Stock for every additional 100,000 shares of PNOW common stock over the minimum holding.

Shareholders are encouraged to read, "Simplifying Preferred Shares Part 2" to obtain a better understanding of how the Series BB Preferred Stock works to protect a shareholder's long term interest.

Mr. Pereira concluded, "I cannot stress enough, how committed we are to delivering value to our shareholders in all of its forms. While we continue to develop our revenue model and improve our cashflows daily, we will diligently seek ways to limit the Company's debt and reduce our overall liabilities in the ongoing effort to mitigate the risk of being a microcap Company. We believe that our Preferred Stock Dividend plan does just that; giving shareholders... our shareholders, an opportunity to protect their overall value."

For any additional information, please contact the Company at (800) 889-9509 or via email at IR@PureNow.Solutions.

About Pure Hospitality Solutions, Inc.

PURE, through its developed or acquired assents and subsidiaries, operates multiple business ventures throughout Central America and the Caribbean, promoting opportunities for tourism to the Region.

Meso Numismatics is the Company's emerging numismatic company. The Company has a global inventory of coins and bank notes, and specializes in pieces from Central America and parts of the Caribbean. The Company has rare and exquisite inventory available for sale at www.MesoCoins.com, as well as Heritage Auctions, Lyn Knight Auctions and Stacks Bowers Auctions.

Oveedia offers proprietary technology, marketing solutions and branding services to hotel operators and condominium owners, primarily in Central America and the Latin countries, intent on building competitive operations in the areas of online marketing and hotel internet booking engine services; becoming the Central American-Caribbean online travel hub.

Contact Information

  • Contact:
    Team PURE
    IR Div. (800) 889-9509