|By Marketwired .||
|April 21, 2014 06:42 AM EDT||
HOUSTON, TX -- (Marketwired) -- 04/21/14 -- Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR)
Dear Fellow Stakeholders,
Smart Ventures, Inc. is on a path to tremendous growth and increased revenue. In our efforts to create greater shareholder value, we initiated several strategic business plans which included development of a midstream transportation division and Cannabis Funding Group.
We acquired a fleet of tractor trailer trucks, secured contracts to have the trucks put into service to generate more revenue in the company. We look forward to reporting this revenue in the second quarter.
Our Cannabis Funding Group has received several calls and letters of interest from companies in the cannabis business seeking strategic funding both in the US and Canada. We have also had meetings and discussions with several institutional investors for direct investment in both Cannabis Funding Group and its parent company Smart Ventures, Inc.
We are continuing our efforts to grow our drilling services division through new technology offering additional services and marketing. We are discussing possible distributorship agreements with oilfield equipment suppliers. As a distributor we would utilize our relationships to sale products and earn commission revenue for the company. We are also conducting due diligence on several potential acquisition candidates to increase revenue, assets and profits.
We are now planning to retain an audit firm to prepare audited financials for us to become fully reporting and take necessary steps to qualify for up listing to the OTCBB.
About Smart Ventures
Smart Ventures, Inc. is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. Additionally we expanded into the cannabis industry through our subsidiary company Cannabis Funding Group, Inc. www.smartventuresinc.com
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
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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