Pure Hospitality Solutions Files First Quarter Disclosures with OTC MarketsPress Release
May 22 2018 - 9:03AM
InvestorsHub NewsWire
Las Vegas, NV -- May 22, 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 that yesterday,
Monday, May 21st, the Company filed its first quarter disclosures
with the OTC Markets. It is expected that audited financials will
be filed on-top of these disclosures in the coming weeks, by the
Company’s independent PCAOB auditor.
“These disclosures – are very important for us… and have been a
long time coming,” stated Melvin Pereira, President of Pure
Hospitality Solutions, Inc. “Don’t get me wrong, our recent
disclosures have been great – where we have eliminated the majority
of our debt and have begun showing revenues. However, this
particular first quarter disclosure will be the one which will be
re-filed with audited financials, by our independent auditing firm.
Following this filing, we will be an audited Company on our way to
an upgrade to a higher-tiered stock exchange.”
Key takeaways from this filing include a decrease in total
liabilities, from $2,958,548 in December 31, 2017 to $2,624,926 as
of March 31, 2018, or an 11.3% total reduction in liabilities.
Another major achievement accomplished in this filing – Gross
Profit, which stood at $0 in March 2017 [no profit] and totaled
$13,218 as of March 31, 2018. The company had an increase in Net
Income from ($122,941) loss in December 31, 2017 to $135,323 gain
by March 31, 2018.
Pereira concluded, “It’s no longer about talk anymore… we have
talked for far too long. Although this audit was an excruciatingly
arduous endeavor, we have finally arrived at the end and are
excited to wrap-up this process.
Now, if you go back through our previously filed disclosures,
you will see exactly all of the progress we have made, making PNOW
a lean and scalable Company. Going forward you can expect more of
the same: an increase in revenues, a decrease in debt, and
continued daily sales, resulting in a more profitable and
attractive PNOW.”
To view the first quarter disclosures, please
visit: https://backend.otcmarkets.com/otcapi/company/financial-report/193859/content.
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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