SOURCE: Smart Ventures

Smart Ventures Strong Earnings Announcement

SMART VENTURES, INC. (OTC Pink: SMVR) (PINKSHEETS: SMVR) Smart Ventures, Inc. is pleased to announce that it will post strong earnings in its first quarter report of 2014 as the financials have been consolidated as a result of its wholly owned subsidiary, The Sanday Corporation income and receivables based upon its oilfield services division which provides engineering consulting to oil majors. The preliminary results of its accounting reflect $921,964 revenue compared to first quarter 2013 where it posted revenue of $154,353.

 

Roger Smith, CEO of Smart Ventures states, "The drilling services division accounted for all of the company's revenue and we added Cannabis Funding Group, Inc. to provide additional services to grow revenue and profits for our partners. Significant interest has already been generated by institutional investors interested in investing in the Cannabis Funding Group private equity fund."

 

About Cannabis Funding Group

Cannabis Funding Group, Inc. a Colorado corporation is a wholly owned subsidiary of Smart Ventures, Inc. CFG is a strategic investment partner for entrepreneurs in a diversified range of cannabis related businesses. www.cannabisfundinggroup.net  

 

About Smart Ventures

Smart Ventures, Inc. is a strategic investments growth partner in the Cannabis industry. Smart Ventures is also an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. 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.

 

Media Relations:
Roger Smith
Contact: (832) 717-4412
Email:management@smartventuresinc.com
or
info@sandaydrilling.com
Website: www.smartventuresinc.com
www.cannabisfundinggroup.net
www.sandaydrilling.com

 

 

SOURCE: Smart Ventures, Inc.