Oriens Travel & Hotel Management Corp. (OTHM) Finalizes Steps in Restructuring
Oriens Travel & Hotel Management, the Next Generation International Hotel Brand Operator recently merged with E-Network de Costa Rica SA, announced today that the company has filed to be known as Pure Hospitality Solutions and anticipates that FINRA will soon conclude its review. The outcome will result in finalizing the anticipated reverse stock split, name and symbol change during November 2014. The company shares post restructuring will be a 600 to 1 reverse split. Simultaneously, all stockholders who hold 1 to 139,800 shares of the company's stock will be rounded up to maintain their equity ownership after the reverse. This…