Welcome to the Oriens Corporate Blog

Oriens Travel & Hotel Management would like to extend to you a warm welcome to our new corporate blog.  This forum will be used to communicate with our shareholders, our business associates, and the world at large, and will be updated regularly.  Please visit often, we look forward to staying in touch with you.

Posted in Why Oriens?

Oriens’ Board Accepts Plan of Merger

LAS VEGAS, NV–(Marketwired – Sep 15, 2014) – Oriens Travel & Hotel Management Corp. (OTC Pink: OTHM) (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, announced today that on Wednesday, September 10th, 2014, the Company held a special meeting of the Board of Directors, to which a “Plan of Merger”, among other items, were put to a final vote and agreed upon, as a means to strengthen the Company’s fiscal health and operations.

A Company spokesperson confirmed that at this meeting, a plan to merge with a certain Costa Rican company was initiated. The vision is, through a merger with an entity domiciled within the country where many of Oriens’ targeted ventures are located, operations there should be fluid and stable. This also affords Oriens direct access to non-toxic financing from international institutions and private lenders.

“The merger prospect, with more than ten years of operations, develops online traffic-driving solutions; in addition to acquiring, selling, managing and renting residential, commercial, condominium and hotel units,” explained a senior Board Member.

The targeted company currently maintains and manages a number of land parcels, as well as residential and commercial properties. The partners of this company have also been very instrumental in assisting Oriens with securing all of the non-toxic capital it has received from both Costa Rican and U.S. funding sources. Further, the targeted company has secured pre-approved funding of over five million dollars in non-toxic bridge capital for Oriens to utilize in completing the acquisition of several properties. They are currently in the process of completing a sizable real estate transaction which would have ultimately translated into a joint venture for Oriens previous to the proposed merger. Now it is to result in a complete transfer of assets when the merger completes.

A senior Board Member commented, “This targeted merger made the most sense given the untimely, but appropriate, resignation of Ken Chua. This merger will also provide us with an ‘Acting CEO’, a President, and additional Directors to help guide Oriens to further prosperity.”

A Company spokesperson confirmed that the principal of the targeted company was nominated to succeed Ken Chua, as part of the proposed merger. Company reps say this is very encouraging news as, “Oriens deserves qualified leadership, and shall now receive it,” noted a senior Board Member.

The Senior Board Member continued, “The individual anticipated to take the helm is not only a Costa Rican native, but is extremely experienced in every aspect of Oriens’ intended business model. This will allow the Company to have proficient and immediate executive leadership — requiring a very small learning curve. Most important, the new leadership can fully handle the demands of building a multi-faceted property development and hospitality Management Company; particularly that segment of Oriens dedicated to operating in Central America.”

“We truly expect to see immediate and highly successful results from the proposed merger and the newly nominated officer and directors,” concluded a Senior Board Member.

About Oriens Travel & Hotel Management Corp. (www.orienscorp.com) (OTC Pink: OTHM) (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:

http://finance.yahoo.com/news/oriens-special-meeting-sets-pace-193850713.html
http://finance.yahoo.com/news/oriens-president-announces-plans-resign-215600988.html
http://finance.yahoo.com/news/oriens-prepares-shift-redefines-business-125946264.html
http://finance.yahoo.com/news/oriens-prepares-shift-redefines-business-125946264.html

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

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Oriens Special Meeting Sets Pace for Company’s Future: President Chua Resigns

LAS VEGAS, NV–(Marketwired – Sep 11, 2014) –  Oriens Travel & Hotel Management Corp. (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, announced today that yesterday, Wednesday, September 10th, 2014, the Company held a special meeting of the Board of Directors to set the pace for the Company’s future as it relates to operations, mergers and acquisitions, and most importantly, leadership.

A Company spokesperson confirmed that at this meeting, Mr. Ken Chua, current President of Oriens, officially submitted his resignation as President and renounced all other offices held — relinquishing all duties of any such executive titles.

Mr. Chua’s resignation letter began, “There will always come a time in every executive’s or director’s tenure, where he or she must evaluate their contribution to the cause.”

“It is with a heavy heart that we accept Mr. Chua’s resignation and we thank him for an outstanding job for the years of service he has provided,” said a senior Board Member.

Chua’s letter concluded with, “As Oriens Travel & Hotel Management goes on to obtain the success it deserves, under an evolved direction and new leadership, I have no regrets as I hand in this resignation. I am extremely excited to finally be able to see the realization of my vision… once just a bunch of ideas, but today, very tangible, totally accessible and completely achievable.”

Mr. Chua’s resignation becomes effective as of Friday, September 12th, 2014, at 5:00 p.m. (PDT).

Effective Monday, September 15th, 2014, a new President and CEO will be appointed by the Board of Directors.

Director, Nelson Tin, was voted off of the Board of Directors. His duties will also conclude on Friday, September 12th, 2014, at 5:00 p.m. (PDT).

As part of the proposed succession strategy, a plan of merger and acquisition also was presented for a final vote. This opportunity has been on the table for several months. Up until the resignation of Mr. Chua, the mutual benefit of the merger proposal was hampered. However, in light of recent events, merging with a fully operating and solvent entity — along with the acquisition of its executive officer — to positively bolster Oriens’ balance sheet, was finally achievable.

Announcements concerning the merger and successor [to Mr. Ken Chua] plan is expected to be forthcoming as the Company finalizes financing and structural logistics to accommodate the anticipated transition.

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:

Team Oriens
IR Div. (702) 483-0318
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Team Oriens Anticipates a Busy Week

Your team at Oriens has scheduled several meetings this week. One is a special session of the board of directors.

Oriens Travel & Hotel Management, Inc. has called a special meeting of the board of directors for Wednesday, September 10, 2014.

The Company shall release press thereafter, detailing any information that can be publicly disclosed.

Sincerely,

Team Oriens

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