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edhauser3 8 posts  |  Last Activity: Sep 15, 2014 10:35 AM Member since: Jan 29, 2013
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  • edhauser3 by edhauser3 Sep 15, 2014 10:35 AM Flag

    "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.

  • edhauser3 by edhauser3 Sep 15, 2014 10:34 AM Flag

    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.

  • edhauser3 by edhauser3 Sep 15, 2014 10:33 AM Flag

    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.

  • edhauser3 by edhauser3 Jul 25, 2014 8:30 AM Flag

    Mr. Chua concluded, "While this update is rather short and to the point, the coverage is significant, with a message that is impactful and very clear."

  • edhauser3 by edhauser3 Jul 25, 2014 8:24 AM Flag

    OTHM is gaining momentum as the online booking agent in South America.

  • edhauser3 by edhauser3 Jul 25, 2014 8:12 AM Flag

    $OTHM is exploring a $30 million merger/acquisition opportunity. Read recent news for more details.

  • edhauser3 by edhauser3 Jul 25, 2014 8:09 AM Flag

    As a quick update to our “Long Form” endeavor, it is exactly how we expected. As it pertains to filing the Long Form with the OTC Markets to gain the “Current Status” designation, the bottleneck became our being able to physically meet with the particular counsel we’d like to engage going forward to this regard. In our President’s November 1st address he did indicate that this could be the only plausible matter that would push this effort into the week of the 18th. Management has made the appropriate arrangements to bring this task to a close.

    In the meantime, although OTHM is ready and able to file its disclosures, noting that Oriens is not required to file today in order to maintain its present designation, management will wait to file once they can submit the Long Form with the opinion of counsel, for the expressed purpose of achieving ‘Current Status.’ This is expected to occur late next week.

    On another topic, as you all know, we did hit the target on the new corporate website launch. We have received much favorable response. If you should have any suggestions, please do not hesitate to contact us.

    Lastly, the company has determined that an appropriate reduction of the Authorized Shares is in fact a very real possibility. Now it is just a matter of management working out a legitimate means of deferring the convertibility of its current debt obligation. Something along these lines can be accomplished by (or before) the Christmas holiday – which would certainly stave off dilution long enough for the company to execute on its business model; possibly securing the capital required to ultimately retire the debt if full. This would undoubtedly be the perfect news to accompany what is most expected to transpire in Central America.

    As always, we thank each of you for your continued support and look forward to completing our ‘Current Status’ designation; the first step toward our auditing process.

    Sincerely, Team Oriens"

  • edhauser3 by edhauser3 Jul 25, 2014 7:57 AM Flag

    $OTHM provides an online booking engine for the prestigious Day Star Properties beachfront condominiums.

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