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5 bidding at .105. Looking good. Won't be down here for long.
Looks like a little bidding war is going on. Once this breaks .12 it should move nicely.
VDSC News - ALAS Has Entered Into a Reverse Merger With PV Enterprises, Inc. Under the Leadership of Peter Villiotis
ALAS International Holdings, Inc. (Pink Sheets:VDSC) announces it has entered into a reverse merger with PV Enterprises, Inc., a Florida corporation.
PV Enterprises is an 11 year old ship management company specializing in repair, redesign and maintenance of ships. PV has just completed a contract worth over 5 million dollars for the overhaul of the Victory Casino ship. Thus far in 2011 PV Enterprises has contracts under management valued at over 38 million dollars. Gross revenue to PV is in excess of 3 million dollars. PV has been profitable for the last 3 years with revenue increases of 50% per year.
Peter Villiotis was 100 % owner of PV Enterprises prior to the reverse merger as well as CEO of SAENZ Corp., which was acquired by ALAS International Holdings in May of 2011. Peter Villiotis is now the majority shareholder of ALAS which consists of: PV Enterprises, SAENZ Corp and Red tide Defense Corp. Peter Villiotis now assumes the position of President/CEO and Chairman of the Board of ALAS. Mr. Salmon has resigned but remains as a Director and Corporate Treasurer.
Peter Villiotis' whole life has been devoted to the shipping and cruise industry. With his knowledge and expertise, he strongly believes that these two industries have not been impacted by world events. By concentrating solely on the shipping and cruise industry, it will allow the company to take advantage of these dynamic industries. Mr. Villiotis also represents the Belize Registrar in the USA; he recently formed Belize Register of Shipping Inc., Florida Corporation, to promote business in the Shipping and Yachting industry.
Peter is also a member of The Society of Naval Architects & Marine Engineers, SNAME, and was recently nominated as the professional engineering of the year 2011 from Cambridge University.
He is a member of the Association of Parthenon Sculptures USA and the Hellenic American Chamber of Commerce.
Safe Harbor Act Disclaimer: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: ALAS International Holdings, Inc.
Looking for a return to .25 in short order based on the chart imo.
DD Courtesy of Rigatoni
Share
Monday, November 07, 2011 10:47:06 AM
Re: RIGATONI post# 194325
Post # of 194377
Spoke with Edwin Salmon...
Here's the quick DD,
1) new web site coming
2) 100% focused on shipping and cruise industry
3) name change
4) steady news flow
5)90% of shares accounted for as friendly
6) Float about 9 million
7)Previous debt conversion increased float from old pnk sheets number
8)Average shareholder cost is in between .10 - .12
9)No other debt conversions , no debentures or current dilution into the float
10) filings being completed and uplist to otcq
11) Previous financing in press, is in the form of a loan, hopeful to be completed in the near term. This is a straight loan with no stock tied into it.
12)8k in the works detailing the deal annonced today
13)Other contracts could very well be done and announced shortly
Like the news today.
Looking for entry into VDSC. RM DD courtesy of Rigatoni
RIGATONI Member Level
Share
Monday, November 07, 2011 10:47:06 AM
Re: RIGATONI post# 194325
Post # of 194377
Spoke with Edwin Salmon...
Here's the quick DD,
1) new web site coming
2) 100% focused on shipping and cruise industry
3) name change
4) steady news flow
5)90% of shares accounted for as friendly
6) Float about 9 million
7)Previous debt conversion increased float from old pnk sheets number
8)Average shareholder cost is in between .10 - .12
9)No other debt conversions , no debentures or current dilution into the float
10) filings being completed and uplist to otcq
11) Previous financing in press, is in the form of a loan, hopeful to be completed in the near term. This is a straight loan with no stock tied into it.
12)8k in the works detailing the deal annonced today
13)Other contracts could very well be done and announced shortly
My BROEE
Cheaps on the ask for anyone who wants 'em. I'm out of dry powder for now.
Added EXTO on the dip today.
Getting closer and closer to seeing what's behind the curtain. From my last conversation with Mike King we should be hearing something within the next week or so.
Yeah, he said that the former management were a bunch of bad apples that took all they could from the company but that he's got it turned around in the right direction.
I would recommend it, he was very helpful. :)
This boards pretty quiet. Figured there would be some buzz after the filings yesterday. Change is in the air...
BDLF updates on the way. Filed several annual reports yesterday. Per conversation with CEO, Quarterlies on the way and news about the companies direction within a month.
Could be something big brewing.
BDLF updates on the way. Filed several annual reports yesterday. Per conversation with CEO, Quarterlies on the way and news about the companies direction within a month.
Could be something big brewing.
Spoke with Mike King this morning. He said that the quarterly financials should be coming out soon and that we should get an update on the direction the company is going in under a month. He couldn't disclose what was going on but said that it would be great news.
I'm going to start adding some shares.
BDLF waking up. Taking a lotto starter.
BDLF getting current. 6 filings since 1:00 PM!!
BDLF getting current. 6 filings since 1:00 PM!!
BDLF getting current. 6 filings since 1:00 PM!!
Who blapped?
Great site
Just sitting here waiting. It'll come. Unlike you who apparently is glued to L2... I'm not too concerned over the day to day price fluctuations.
If this looks like a falling knife to you then you should probably get back to doing pen and paper trades and not waste your money. It's up 100% from 2 weeks ago still so I call this consolidation.
Someone who wants to make some coin Sam. You'll figure this out eventually.
Got some whackers. Who's picking these up at .014? :)
I'll take your side on that bet dejong. We're on the cusp of something big here.
Sure am Sam.
She's slowly gaining some notoriety. Board marks about to crack 100. They were in the 40's or so two weeks ago if I remember correct.
SDRC going to close over .02. Next leg up is imminent.
Sellers are about gone here. New base is getting established in the .02 area.
Real tough guy we got here. Good luck getting 10g's on a Friday afternoon.
Either way. He'll get chipped away at or he'll get blown out when production news drops.
He was at .023 on Wednesday. Once we get past him it should move smooth I would think. That's ridiculous.
Break your sells up into small chunks folks.
If I had any more free funds I would. Tapped out here.
Well I can't speak for for everyone, but I know I'm the only person in my office today. Everyone else is out starting the weekend early... :) I'd say the Holiday has a lot to do with it.