Category Archives: Market News

NewSat Ltd. (NWTLY: OTCQX International) | NewSat response to media coverage

NewSat response to media coverage

Mar 01, 2015

OTC Disclosure News Service

Southbank, VIC, Australia

This release includes additional documents. Select the link(s) below to view.

020315 NewSat response to media coverage FINAL.pdf

Copyright © 2015 OTC Markets. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/NWTLY/news?id=98185

Pure Hospitality Solutions Inc. (PNOW: OTC Pink Current) | Pure Hospitality Makes Bold Adjustment To Business Strategy: Divest And Focus

LAS VEGAS, March 1, 2015 /PRNewswire/ — Pure Hospitality Solutions, Inc., (OTC: PNOW) announced today, that the Company has made a bold adjustment for the overall advancement of the Company’s future and shareholder interest. Pure is shifting its primary focus toward building a technology driven Company, shedding any capital exhaustive asset offering a lower ROI proposition than the extremely lucrative opportunity found in Oveedia’s market.

“When I agreed to merge E-Network with Oriens, it was at the urging of outside advisors who thought owning real estate at this early stage of the Company’s development would strengthen the business,” stated Melvin Pereira, President of Pure Hospitality Solutions, Inc. “Both the recent Orbitz acquisition and Google’s entry into online travel, reveals that Oveedia has enormous value potential as a region specific, online travel systems platform; far beyond that of the real-estate we injected in 2014, or could possibly purchase over the next 12 months.   So we are going where the smart money is.”

Currently, Pure’s property related obligations amount to over $25,000 per month.  That’s over $300k a year that shareholders may ultimately have to pay for, with little short-term upside.  By shedding these assets now, the Company can focus.  Left with a hotel branding arm and a technology arm – Pure can help accelerate the launch of an online booking platform capable of delivering millions of dollars in revenue and capital valuation. 

Management suggests, eliminating almost all of the Company’s major monthly obligations is key.  This will allow Pure to, “focus on the rapid launch of a disruptive online travel technology system, while protecting the health of the stock,” continued Pereira. 

“Pure having millions of dollars in real estate at such an early stage, actually had a crippling effect on shareholder value.  In an environment where raising money often results in toxic capital that inflicts a stock’s health, I had to make a decision.   Halt real-estate acquisitions, divest all current asset holdings, and expand in an area I am confident we will absolutely succeed in.”

Current conservative projections released to private investment groups show Oveedia valuations exceeding $40M relatively soon thereafter launch.  Pure’s current real-estate holdings could never deliver that kind of shareholder value.

Mr. Pereira concluded, “I am a shareholder.   Like all of our shareholders, when Oveedia is sold, I’d like to receive the greatest value for my investment.  Our decision to divest and focus, I believe is less ‘bold,’ than it is appropriate and common sense.”

About Pure Hospitality Solutions, Inc. 
PURE provides proprietary technology, marketing solutions and branding services to hotel operators and condominium owners. The Company’s vision is to build competitive operations in the areas of (i) online marketing and hotel internet booking engine services, (ii) hotel branding and, (iii) own, operate and in some instances develop, boutique hotels under the new, “by PURE” brand.

PR Links:

PURE Website: http://www.purenow.solutions/
PURE PNOW Ticker Info: www.purenow.solutions/pure-investors-relations/
PURE FROL Case Study:  http://www.purenow.solutions/frol-case-study/ 
PURE Oveedia Access: http://www.oveedia.com/
PURE Tripadvisor Central America Analysis: http://www.purenow.solutions/wp-content/uploads/2015/01/Tripadvisor.jpg
PURE Press – New Online Hotel Booking Engine Oveedia: http://www.purenow.solutions/oveedia/
PURE Press – New Online Hotel Booking Engine: http://www.purenow.solutions/new-online-hotel-booking-engine/

Related Links:

Pure Hospitality Solutions, Inc. Pinterest: http://www.pinterest.com/purehss/ 
Pure Hospitality Solutions, Inc. Bahia-Encantada: http://www.purenow.solutions/Videos/PURE.mp4 
Pure Hospitality Solutions, Inc. Facebook: https://www.facebook.com/PUREnow
Pure Hospitality Solutions, Inc.Twitter: https://twitter.com/purehss
Pure Hospitality Solutions, Inc.Google +: https://plus.google.com/+PurenowSolutionsplus/ 
Pure Hospitality Solutions, Inc LinkedIn: https://www.linkedin.com/company/pure-hospitality-solution

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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pure-hospitality-makes-bold-adjustment-to-business-strategy-divest-and-focus-300043269.html

SOURCE Pure Hospitality Solutions, Inc.

Article source: http://www.otcmarkets.com/stock/PNOW/news?id=98182

Golden Queen Mining Co. Ltd. (GQMNF: OTCQX International) | Golden Queen Mining Company Ltd. Announces Filing of NI 43-101 Technical Report for the Soledad Mountain Project




VANCOUVER, Feb. 27, 2015 /PRNewswire/ – Golden Queen Mining Co. Ltd. (the “Company”) (TSX:GQM; OTCQX:GQMNF) announces that it has filed an independent technical report (the “Technical Report”) prepared in accordance with Canadian Securities Administrators’ National Instrument 43-101 (“NI 43-101″). The Technical Report may be found on the Company website at www.goldenqueen.com or under the Company’s profile at www.sedar.com.

The Technical Report, dated February 25, 2015, entitled “Soledad Mountain Project, Technical Report and Updated Feasibility Study, Kern County, California” was issued by Kappes, Cassiday Associates (Reno, Nevada) with contributions from Mine Development Associates (Reno, Nevada) and Norwest Corporation (Vancouver, British Columbia).  The Technical Report provides technical and financial details to the disclosure contained in the Company’s news release issued on February 10, 2015, in which the Company announced the key results of its revised resource estimates and updated feasibility study. The named parties are Qualified Persons as defined by NI 43-101 and are independent of the Company as defined in Section 1.5 of NI 43-101.

About Golden Queen Mining Co. Ltd:

The Company is developing a gold-silver, open pit, heap leach operation on its fully-permitted 50% owned Soledad Mountain property, located just outside the town of Mojave in Kern County in southern California.  The Project will use conventional open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore. 

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release.

SOURCE Golden Queen Mining Co. Ltd.

Article source: http://www.otcmarkets.com/stock/GQMNF/news?id=98172

Bunk Beds