Oriens Travel & Hotel Management Corp. (OTHM) to Discuss Recapitalization Strategy
Oriens Travel & Hotel Management Corp., the Next Generation International Hotel Brand Operator recently merged with E-Network de Costa Rica SA ("E-Net") – with working plans to be known soon as Pure Hospitality Solutions, Inc. [pending FINRA approval] – details today the company’s recapitalization and the simultaneous process to guard the interest of each shareholder. A senior Board Member commented, "Considerable resources have gone into ensuring that this merger, and the recapitalization of Oriens, was methodically contemplated and properly organized. E-Net went out on a limb for Oriens' shareholders, leveraging its relationships to assist Oriens in securing the engagement of…