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justicewillbesoon

01/13/12 3:50 PM

#1871 RE: seabreezing #1870

imo we will still be grossly undervalued
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Leigh01

01/17/12 8:36 AM

#1878 RE: seabreezing #1870

Hi Sea, Nice to be in this one with you.

VDSC...Perusing info,

ALAS Has Entered Into a Reverse Merger With PV Enterprises, Inc. Under the Leadership of Peter Villiotis

CLEARWATER, Fla., Nov 7, 2011 (GlobeNewswire via COMTEX) -- 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.

er 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.