ALAS International Holdings, Inc. has completed negotiations with Yeosu Expo Cruise Corporation and entered into a contract to provide a cruise ship, The Emerald, for guest accommodations available to attendees of the World EXPO 2012. In addition to the $10.3 million guarantee, PV Enterprises will also receive 50% of all net revenues collected on board from food, beverage, casino etc. This additional revenue is estimated at $2 million for a total of approximately $12.3 million. The Emerald has a total of 500 Guest Staterooms with a maximum capacity of 1,800 guests on board at any one time.