ALAS Announces PV Enterprises Inc. Has Retained Sherb & Co., LLP as Its Independent Registered Public Accounting Firm


FORT LAUDERDALE, Fla., Feb. 16, 2012 (GLOBE NEWSWIRE) -- Sherb & Co., LLP ("Sherb") is among "The Top 20 Local and Regional SEC Audit Firms in the United States." Sherb is registered with the Public Company Accounting Oversight Board (PCAOB). We selected Sherb based upon their extensive experience in auditing publicly traded companies as well as their expertise in auditing companies that have made the transition from private to public. We believe that as our independent auditors, their experience will be instrumental in guiding us through the complex process of becoming fully reporting.

Peter Villiotis, CEO, stated, "In addition to their SEC experience they have extensive experience in the shipping industry worldwide which meets our global requirements. Our objective is to move to a higher listing on the exchange as quickly as possible."

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.



            

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