|By Marketwired .||
|February 5, 2014 06:15 AM EST||
HOUSTON, TX -- (Marketwired) -- 02/05/14 -- Smart Ventures (OTC Pink: SMVR) is pleased to announce the closing of its acquisition of The Sanday Corporation oil and gas drilling Services Company, which has been operating since 2000. Jamie Bond, the former CEO and board member has resigned as part of the acquisition agreement. Roger AT Smith, the new CEO of Smart Ventures, has over 30 years oil and gas drilling, completion, work over and production experience with a B.A. in Mechanical Engineering. The Company has a good operating history with a strong safety record. "We are excited to become a public company and look forward to building shareholder value through an aggressive growth plan through acquisitions and expansion of services in the oilfield industry," said Roger Smith, CEO.
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Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
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