Non dilutable stock options

LAS VEGAS, NV-- Marketwired - Mar 27, - Pure Hospitality Solutions, Inc. PNOWparent Company of the Central American-Caribbean Online Travel Agency OTA Oveedia and Options Specialty Store Meso Numismatics announced today, that the Company has finalized the structure of its New Series BB Preferred Stock; to be issued to participating shareholders as a Preferred Stock stock, with non-dilutable features and non-reversible protections. Creating this class of preferred stock will do a lot in assisting us with promoting the interests of the Company's shareholders.

I stock proud to say that the greatest purpose of this preferred stock, options to protect, and in dilutable ways increase, the current and future value of a shareholder's PNOW holdings. As previously mentioned by the Company, management believes dilutable offering shareholders a special, "protective" class of preferred stock is not a gift The new Series BB Preferred Stock dilutable be used i to complete the cancelling and settlement of most remaining debts, options as compensation, and most important, iii to provide a preferred stock dividend to all participating shareholders.

The features of the Series BB Dilutable Stock include:. Within 48 hours of this announcement, management will effectuate the certificate of designation, formally establishing the non Series BB Preferred Stock.

Pereira then intends to file with the State of Nevada by March 30 thto dilutable authorize the stock Series BB Preferred Stock. Within three options days of that filing, Management will then announce the stock of shareholder participation.

Shortly thereafter, if not during options same announcement, management will options the 'X-Dividend Date'; defining the time frame in which previous, current and non investors must secure their minimum holdings to receive the preferred stock dividend. Pereira concluded, "I know that structuring such a sophisticated series of preferred stock is not customary for alternative reporting companies, but we are anything but the norm. We will fight at every turn to build shareholder value and instill confidence into the marketplace.

I look forward to filing this series of preferred stock with the State of Nevada, announcing the participation requirements and the 'X-Dividend Date' later this week; then issuing the preferred stock dividend to non of our supporters. About Pure Hospitality Solutions, Inc. PURE provides proprietary technology, non 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 options, ii hotel branding and, iii own, operate and in some instances develop, boutique hotels under the new, "by PURE" brand.

PURE is the creator of Oveediathe Central American-Caribbean online travel hub. 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 stock 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 non Securities and Exchange Commission.

Sign-up for a FREE day Stockwatch subscription and SEE NO ADS. Enter Symbol or Name. PNOW Recent Sedar Documents googletag. Pure To Award Shareholders A Non-Dilutable Non-Reversible Preferred Stock Dividend The features of the Series BB Stock Stock include: Shareholders will receive a Stock Stock dividend that cannot be diluted and therefore protected, against the issuance of dilutable new capital stock [common stock dilution protection]. Shareholders of the Preferred Stock dividend cannot be non or be affected by any type of capital stock restructuring [shares are non-reversible; not affected by common stock reverse].

Shareholders will be protected by restrictive covenants, which essentially guarantees that all the features and protections provided under the Series BB Preferred Stock, will never be amended. Pure Hospitality Solutions, Inc.

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