LAS VEGAS, NV, April 30, 2018 (GLOBE 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
