LAS VEGAS, NV, Sept. 21, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Pure Hospitality Solutions, Inc. (OTC PINK: PNOW), soon to be known as Meso Numismatics, Inc., the developer of multiple and diverse business ventures, relevant to Central America and the Caribbean, announced today that the Company has completed its name change and corporate restructuring as part of its upgrade to the OTCQB.
“We have discussed for quite some time our intention of upgrading the Company from the Pink Sheets market to the OTCQB,” stated Melvin Pereira, President of Pure Hospitality Solutions, Inc. “We have been on a steady path following the completion of our audit a couple weeks back. In order to qualify for the OTCQB, a company must have two years of audited financials, as well as a minimum stock price of $0.01. So, in order to properly position the Company, as well as to better represent the Company’s venture, Meso Numismatics management deemed a name change and a corporate restructuring as necessary.”
According to management, the Company received approval from FINRA regarding the name change to Meso Numismatics, as well as a reverse stock split of 1 for 1000. The reverse split and name change are effective very soon, according to FINRA.
Pereira concluded, “It’s very important for me that our shareholders and the public understand exactly why we have enacted these corporate actions. To provide an appropriate update, please see my ‘Letter from the President’, which details why we have taken the steps that we have. It is also important to take note that the Pure Hospitality Solutions of today is unlike anything we have had in the past. Today we have an audited Company, continued daily revenues and an impressively sized inventory base, which continues to garner Meso Numismatics as a recognizable name in the numismatic industry.”
To read the letter that was sent from the Company to its shareholders via mail, please visit http://www.mesonumismatics.com/notice/notice-to-stockholders/.
To read the Letter from the President, please visit http://www.mesonumismatics.com/words-ceo/meso-letter-president/.
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.