Pure Hospitality Solutions CEO Forgives Salary - Provides Update For Shareholders
April 30 2018 - 09:21AM
InvestorsHub NewsWire
Las Vegas, NV -- April 30, 2018 -- InvestorsHub NewsWire
-- Pure Hospitality Solutions, Inc. (OTC PINK: PNOW), the
developer of multiple and diverse business ventures, relevant to
Central America and the Caribbean, announced today that the
Company’s CEO, Mr. Melvin Pereira, has cancelled and forgiven
$440,000 of accrued salary and severance payments, representing his
work with Pure from 2014 to present.
Melvin Pereira, President of Pure Hospitality Solutions, Inc.,
said, “When it comes to my personal remuneration, I firmly believe
that the future value of the Company will far outweigh the total
amount due to me today from past salary. So, removing another
$440,000 from our books – including any derivative liability
associated with the debt – was a no brainer. This move makes us a
leaner and meaner Company post-audit and reflects my commitment to
putting shareholders’ interests ahead of my own, until full
confidence is earned.”
Mr. Pereira also took this opportunity to update shareholders
with a ‘Letter from the President’, available
at http://www.purenow.solutions/pnow-president-letter/. In
this letter, Mr. Pereira updates shareholders with the current
state of the Company and the projected future.
Pereira concluded, “The Pure Hospitality Solutions of today is
nothing like it was in the past. We are now a Company with strong,
scalable revenues and a fast-growing inventory. Once our audit and
upgrade conclude, we will be a much more formidable company,
trading on a more transparent stock exchange, with a much healthier
cap table.”
About Pure Hospitality Solutions, Inc.
PURE, through its developed or acquired assents and
subsidiaries, operates multiple business ventures throughout
Central America and the Caribbean, promoting opportunities for
tourism to the Region.
Meso Numismatics is the Company's emerging numismatic company.
The Company has a global inventory of coins and bank notes, and
specializes in pieces from Central America and parts of the
Caribbean. The Company has rare and exquisite inventory available
for sale at www.MesoCoins.com, as well as at some of the
largest and most prestigious auction houses in the world.
Forward Looking Statements:
This release may contain forward-looking statements. Actual results
may differ from those projected due to a number of risks and
uncertainties, including, but not limited to, the possibility that
some or all of the matters and transactions considered by the
Company may not proceed as contemplated, and by all other matters
specified in the Company's filings with the Securities and Exchange
Commission. These statements are made based upon current
expectations that are subject to risk and uncertainty. The Company
does not undertake to update forward-looking statements in this
news release to reflect actual results, changes in assumptions or
changes in other factors affecting such forward-looking
information. Assumptions and other information that could cause
results to differ from those set forth in the forward-looking
information can be found in the Company's filings with the
Securities and Exchange Commission (www.sec.gov), including its
recent periodic reports.
Investor/Media Contact: Team PURE (800) 889-9509 info@purenow.solutions
Meso Numismatics (PK) (USOTC:MSSV)
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