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Item 1.01 Entry Into a Material Definitive Agreement
Entry into a Share Exchange Agreement

On December 31, 2013, Alas Aviation entered into a Share Exchange Agreement (the "Share Exchange") with OELC, LLC, a Delaware limited liability company ("OELC") with its wholly owned subsidiary ?nergie, LLC ("?nergie" or the, "Company"). These interests in OELC are being exchanged for 33,000,000 fully paid non-assessable shares of Alas. Following closing of the Share Exchange Agreement, Alas Aviation will hold 100% of the financial and governance rights of OELC and through its ownership of OELC, 100% of the operating subsidiary, ?nergie.

?nergie was founded in 2001 focused on providing specialized interior lighting solutions to the architecture and interior design markets. The Company is headquartered in Wheat Ridge, Colorado and also maintains a production and assembly facility in Zeeland, Michigan. ?nergie's business is based upon the Company's partnership with various European suppliers of disruptive highly efficient LED lighting technology. The Company is capitalizing on these European lighting companies' desire to penetrate the North American markets by solving many of the problems these designers encounter when approaching these markets. These obstacles include designs that do not meet UL/CUL standards and building codes, the need to provide appropriate marketing and product information and specifications, among others. ?nergie's business strategy is to enter into exclusive sales agreements with European suppliers that have unique lighting products; and to bridge the divide between North American architects' and designers' desired access to innovative European products and European manufacturers' desire to find a cost effective way to penetrate the North American markets for their products. As these European partners are continually developing new products, ?nergie has the right to launch such products in North America. In many cases, ?nergie's partners will co-fund the upfront costs associated with the launching of new products.

The closing of the Share Exchange Agreement is conditioned upon certain, limited customary representations and warranties as well as conditions to close such as the total issued and outstanding shares of Alas being limited to 51,000,000 issued and outstanding post closing as well as completion of a PCAOB financial audit. Following the closing of the Share Exchange Agreement, intend to continue OELC and ?nergie's historical businesses and proposed businesses. Our historical business and operations will continue independently through ?nergie as a wholly owned subsidiary.