Oriens and Hundley Associates to Invite Investors to Jaco for Special Shareholder Event
February 05 2014 - 7:47AM
Marketwired
Oriens and Hundley Associates to Invite Investors to Jaco for
Special Shareholder Event
LAS VEGAS, NV--(Marketwired - Feb 5, 2014) - Oriens Travel &
Hotel Management Corp. (PINKSHEETS: OTHM), the Next Generation
International Hotel Brand Operator, operating its Hotel PURE brand,
announced today that OTHM and Hundley Associates Costa Rica SRL,
("Hundley Associates"), are exploring a Shareholder Excursion to
Jaco Beach in support of investor due diligence efforts --
furthering Oriens' transparency initiative.
"The impending merger/acquisition represents a major evolution
in Oriens' history," stated Ken Chua, President of Oriens Travel
& Hotel Management. "We want to share our excitement with
shareholders, and what better way to do so than to invite the
investment community as a whole, down to Jaco Beach for a short
stay with both Oriens' and Hundley Associates' management."
Management has indicated that the suggested shareholder event
would include a tour of Daystar Properties' real estate
developments, Hundley Associates current and future projects, a
presentation from Oriens' tech and operational teams regarding the
future of the FROL system (Friendly Reservation Online) in Central
and South America, and, a celebration of the
merger/acquisition. More information regarding the plans for
this unique shareholder meeting will be further detailed during the
February 14th Shareholder Update.
Mr. Chua concluded, "We want to give the investment community
the ability to essentially explore this transaction by physically
seeing it for themselves; meeting the teams behind it
all. Only then will the rest of the market realize exactly
what our current shareholders already know. Hard assets, multiple
revenue sources, technology roll-outs and a well bolstered
executive management and board, will deliver substantially
increased opportunities to Oriens as well as our committed
stakeholders."
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
Contact: Team Oriens IR Div. (702) 483-0318
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