FORT LAUDERDALE, Fla., Jan. 23, 2012 (GLOBE NEWSWIRE) -- ALAS-PV Enterprises (Pink Sheets:VDSC) is pleased to announce the company was on the January 20 headline of TradeWinds (tradewinds.com), a worldwide shipping industry publication.
PV Enterprises continues to succeed in marine industry will announce by the end of this week a new venture development in the South Caribbean that will generate high profits. "I am confident that additional contracts that are signed and other projected business will make our projected revenue for 2012 exceed $18 million USD," said Peter Villiotis, Chairman.
The accountants and attorneys are preparing to file our financials with OTC Markets Pink Sheets by mid February. We plan to complete the audit process to become fully reporting and qualify to be listed on the Bulletin Board as soon as possible in 2012.
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.