WhereDaily News: Oriens Executes LOI With Hundley Associates to Proceed With Merger/Acquisition

LAS VEGAS, NV--(Marketwired - Jan 28, 2014) - Oriens Travel & Hotel Management Corp. (PINKSHEETS: OTHM), the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced on Friday, January, 24, 2014, that OTHM and Hundley Associates Costa Rica SRL ("Hundley Associates"), has executed an LOI to proceed with the completion of a merger/acquisition of various Hundley Associates' assets including: a finished condo hotel property, maintenance contract and land developments -- all told, representing millions of dollars in value.

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