JERICHO, NY, Apr 11, 2014 (eTeligis.com via COMTEX) Social Media Ventures, Inc. (OTC Pink: SMVI) (PINKSHEETS: SMVI) today announced the Company is developing a "new pursuits plan" including implementation of new mobile websites or apps for Social Media. The Company recognizes the need to develop, acquire and or venture with others in new compelling business areas. Part of this Company strategy is to establish itself in the social networking industry, more specifically in the development of mobile web sites focused on a specific niche market or markets.
The Company intends to privately engage in consideration of new business areas that have actual results or future promise including organic growth, all subject to due diligence, letters of intent, and either original business generation or venturing with others.
A natural extension of its plans is to include social media pursuits such as by generating apps.Social Media Ventures, is in development of a mobile website to complement its own social networking website, PetsPlaces.com. The company plans to launch the new mobile application in the next 60 days on the iPhone and iPad platform. The Company is also exploring new endeavors and relationships to launch additional mobile websites in the next 60-90 days based on new business relationships recently cultivated. The goal is to build additional mobile applications that attract potential customer and revenue growth as well as high-growth potential in their specific market space.
Forward-looking statements: This press release contains certain forward-looking statements, which are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements of future goals or expectations, containing words such as "expect," "believe," "should," "anticipate," "intend," "plan," "may," "will" or similar expressions reflecting something other than historical fact are intended To identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks, uncertainties and assumptions that are difficult to predict and that could cause actual results to differ materially from those currently anticipated. Factors that could cause or contribute to such differences include, but are not limited to, the successful completion of acquisitions and the integration of such businesses with those of the Company, competition, technological changes, the ability to obtain financing and other factors. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release. Only Company official website, filings and press releases are authorized for informational purposes and are subject to change without notice. The Company is subject to risks and no assurance of success can be given.
Contact: Social Media Ventures, Inc.info@smediaventures.com
