Pure Hospitality Solutions Inc. (OTCMKTS:PNOW) the parent firm of the Numismatic Specialty Store reported that the firm’s subsidiary has achieved a 52% client retention rate, leading to better demands for increased inventory from returning clients.
The details
Melvin Pereira, the CEO and President, reported that they have advanced a solid client base throughout 4 countries and 20 states. With new orders and clients arriving daily, they have already exceled January’s revenues, and still this month is not over. They certainly expect another double-digit, MoM gain, with better revenue growth anticipated next month.
With the firm’s subsidiary registering a 22% revenue growth from December 2016 to January 2017, the funds are increasing daily, and louder, with recurrently increasing sales. Pure Hospitality management stated, that so far, this development is attributed only to the application of online-based sales, and that the firm plans to expand its distribution points.
Mr. Pereira added that it’s vital to note, the revenues Meso brings daily, are still merely from online sources. It indicates that they yet to consider Heritage Auctions, Stacks Bowers Auctions and Lyn Knight Auctions. When these auctions are closed, they are expecting considerably higher revenues; putting company on-track to achieve year-end goals. When investors see their first quarter disclosures, the management feel that is the time when whatever efforts they are putting will truly begin results.
Pereira concluded that pardon his language, but he intends it on the record, that he and this team will continue to bust their ass, every day, getting value for shareholders and turning Meso Numismatics a staple brand in the numismatic marketplace.
Pure offers proprietary technology, marketing offerings and branding services to condominium owners as well as hotel operators. In the last trading session, the stock price of Pure jumped more than 66% to close at $0.00050. The gains came at a massive share volume of 83.69 million compared to average share volume of 69.89 million.
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