FORT LAUDERDALE, Fla., Feb. 7, 2012 (GLOBE NEWSWIRE) -- ALAS International Holdings Inc. (Pink Sheets:VDSC) clarification of projected earnings per share as reported yesterday Feb 6, 2012.
CEO Peter Villiotis, stated, "PV Enterprises has always operated with profitability. Current contracts will enable us to have Combined revenues that allow us to project for 2012 earnings of Twenty (20) to Thirty (30) Cents per share ."
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. 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.