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It's quiet on the board...
Ah, that's not very much at all. It needs to go back up to the $0.30 range for it to make any difference for long term investors...
What PPS do you all realistically think this will go to this week?
And DOWN we go. Thanks Roger.
In a word, no.
How low can it go? It's like stock limbo
Here comes the crash part 100 ...
Let's see if we can hit triple 0s today!
Maybe in 5 years this thing may bounce up. Until then, it seems rather hopeless.
We don't need more empty news releases. We need ACTION by the company to improve the PPS and give ACTUAL shareholder value. Until then, all of the news releases are hot air IMO. Roger - this share price crash is ridiculous.
Yes, I agree
It looks like it's going down to triple or quadruple zeros. Sigh.
I'll see where it's at in 5 years. Right now I'm averaged out at $0.88, and the PPS is currently sub-penny, so it's a long climb up. Blah.
Maybe in 5 years my shares will have value again. Thanks Roger.
Roger screwed us all. Sigh. I'm so mad.
I am. There's no point in selling right now.
It's unbelievable to me that this stock has fallen off the cliff. I just can't ...
Wow, what a change of pace. We're actually up $0.001! Thank goodness, now just needs to go up $.90 more!
This stock makes absolutely no sense. So fed up.
Probably a 1:1000 R/S. Good grief.
I predict we'll be in triple 0s by next week at the rate we're going now. This is ridiculous and completely unacceptable. Roger, DO SOMETHING!
Better days ahead in this stock or a different one? :)
I'm not saying he defrauded or lied to anyone. All I'm saying is that I'm disappointed the PPS is way down and at the end of the day it is Roger's responsibility to make it rise higher since he's the CEO.
In an off-chance it rises slightly, then I can hopefully recoup more of my money since my break even point will be much lower (given the very low PPS now). If I don't average down, then I have 0 hope of recouping anything.
That's my thought now. If anything, it'll allow us to average down significantly.
Yep, I've been working on my other business venture to help recoup the losses here. By March or April or so, I should have most of it recovered hopefully. Life and learn. I guess I'll keep my shares in SMVR for the next 10 years and hopefully it'll pop one day and I'll be able to sell. Until then, c'est la vie.
I don't deserve it, but I agree that your assessment was right. Yes, h*ll has frozen over.
Another 52-week low, 3 days in a row. This thing is hopeless.
You just couldn't resist the temptation of having the last word. Oh well, it'll go up in time. That's my opinion. You have your opinion. I'm not spending your money. I'm spending mine. So I don't know why you're so concerned about my money, but I appreciate your interest.
Just give it time. I think the PPS will go higher.
Also the bigger question is why are you still talking on this board when you own NO SHARES? Go make some money on another stock and leave us be. Your feigned benevolence at not wanting others to suffer losses is nonsense since you continue to attack me and others for wanting this stock to go up.
hello2005, that wasn't condescending enough. You really should try harder.
SMVR updated mining section on Web site - http://www.smartventuresinc.us/gold-mining.html
BIG NEWS - 1/23/15 - "SMART VENTURES ANNOUNCES EPC PARTNERSHIP FOR HYDRO POWER PLANT CONCESSION"
http://www.otcmarkets.com/stock/SMVR/news/SMART-VENTURES-ANNOUNCES-EPC-PARTNERSHIP-FOR-HYDRO-POWER-PLANT-CONCESSION?id=95695&b=y
Jan 23, 2015
OTC Disclosure & News Service
Houston, TX -
Smart Ventures, Inc. is pleased to announce its partnership with AGENCE des CONSTRUCTIONS et des FORMATIONS PROFESSIONNELLES hereinafter referred to as A.C.O.F.LTD. Smart Ventures will participate in the project management and oversee procurement of subcontractors for the construction of a 55 Mgw Hydro Power Plant in the Democratic Republic of Congo. The concession contract was awarded to A.C.O.F.LTD on December 24, 2014 by His Execellency Honorable Pascal Salumn Tutu, the Governor of Maniema Province. The government provided a payment guarantee in the form of mineral concessions representing two mines and two oil block awards. Smart Ventures has presented a tender request to qualified subcontractors to begin the environment assessment and survey for the proposed site for construction. The project is expected to be a $150 Million construction with a completion timeline of 3-5 years. The project is a public private venture with an expected power purchase agreement for 20 years. Smart Ventures will own 30% of the venture as part of the partnership agreement. We will provide an update as developments unfold.
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 mining minerals internationally. We began to offer a diverse range of armored vehicles to our clients in the Middle East and Africa. We have diversified our products offering into the specialty chemical market as well through our China supplier.
www.sandaydrilling.com www.smartventuresinc.us
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: Roger@smartventuresinc.us
Websites: www.sandaydrilling.com www.smartventuresinc.us
Copyright © 2015 OTC Markets. All Rights Reserved
Please refer to the recent shareholder letter I posted. It looks like they are working towards getting investments for CFG, as well as uplisting SMVR. They're not diluting shares.
MORE NEWS: SMART VENTURES SHAREHOLDER LETTER
http://www.otcmarkets.com/stock/SMVR/news/SMART-VENTURES-SHAREHOLDER-LETTER?id=95692&b=y
Jan 22, 2015
OTC Disclosure & News Service
Houston, TX -
Dear Fellow Stakeholders:
I wanted to take this opportunity to address shareholder concerns. We have chosen this forum to address shareholders emails to avoid the implications of providing inside information to any one investor as advised by counsel. Shareholders asked about the departure of Marcel DeRushe as fund manager for Cannabis Funding Group. Mr. DeRushe was not terminated; his departure was his decision to resign as Cannabis Funding Group was not gaining traction with institutional investors as planned. We also hired a third party firm at the recommendation of Mr. DeRushe to assist with the structuring of the fund and capital raise, they were unable to fulfill the fund’s needs. We have since then restructured the fund capital raise structure. We have invested more than $50,000 in launching the private equity fund and spent enormous amount of time pitching to investors, the biggest concern investors have is Federal regulation. They like the structure and vision, so hopefully the laws will change in support of the medical marijuana industry. In short we have not abandoned our business plan or goals. The companies we joint venture partnered with understood that our investment into their companies is contingent upon us raising capital on a best efforts basis. We have been relentless in this pursuit.
The company still plans to up list and become fully reporting. Because of the cost required to accomplish the completion of 2 years audit plus legal cost, we have had to wait until we position the company financial to handle the ongoing expenses. Most companies are forced to rely on dilutive conversion to support the cost of being a fully reporting company. We currently incur legal cost and accounting expenses associated with our OTC Markets Pink current reporting status. We have been focused on building market share through growing the company and trying to increase revenue through diversification of industry expertise and leverage of our relationships. Between travel and multitasking the growth and development of the company we have been inundated with heavy workloads. Our stakeholders are not forgotten, just trying to build the company to report back to you guys.
A lot of false information has been put out indicating the CEO shares have become free-trading, they are restricted and will remain restricted until the CEO is no longer the officer or director of the company for a minimum of 90 days after resignation. The CEO is not selling any shares. He still owns all of his shares. “I believe in the company and will continue to work hard to build the company and shareholder value, say Roger AT Smith, CEO”.
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 mining minerals internationally. We began to offer a diverse range of armored vehicles to our clients in the Middle East and Africa. We have diversified our products offering into the specialty chemical market as well through our China supplier.
www.smartventuresinc.us
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: Roger@smartventuresinc.us
Websites: www.smartventuresinc.us
Copyright © 2015 OTC Markets. All Rights Reserved
NEWS: Smart Ventures, Inc. launches $10 Million Capital Raise for Its Subsidiary Cannabis Funding Group, LP.
www.otcmarkets.com/stock/SMVR/news/Smart-Ventures--Inc--launches--10-Million-Capital-Raise-for-Its-Subsidiary-Cannabis-Funding-Group--LP-?id=95691&b=y
Jan 22, 2015
OTC Disclosure & News Service
Houston, TX -
Smart Ventures, Inc.is pleased to announce that the Company has launched its $10 Million fund raise through private placement for investment in private and public medical marijuana companies. We revised our offering to allow accredited investors to get in with $10,000 minimum investment @ $1,000 per LP unit with a guarantee of the debt backed by Smart Ventures with full recourse and agree that in the event of default the limited partnership units can be converted to common shares at a 10 to 1 ratio meaning 10 shares for every dollar invested.
A copy of the prospectus can be viewed on the company website or via the following links: Cannabis Funding Group Deck and Cannabis Funding PPM
We are confident that we can build a successful venture with our cannabis private equity fund subsidiary. (This appears as a matter of record only, the offering is made only thorough prospectus and to accredited investors only.)
The fund’s Investment Criteria into cannabis businesses is simple:
Minimum Investment: We invest $50,000 and up.
Investment Type: Equity/Debt
Early or Late Stage Company
Cannabis Industry Investment Only: Medical marijuana retail outlets, edibles, vaporizer oil & pens, cannabis tracking technology, payment processing, vending machines, production equipment, real estate related to cannabis markets and any other service related to this industry.
Geographical: Partners located or doing business in a legalized medical marijuana States in the United States or Canada.
About Cannabis Funding Group
Cannabis Funding Group, LP a Texas Limited Partnership 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. We form joint ventures with partners seeking growth capital to start, develop and grow their business. We have strategic partners to help cannabis related businesses go public if public exposure and access to capital beyond our initial investment is what you need. We form partnerships with management teams that have a clear direction and plan for entering or growing in the cannabis industry. We assist our partners with startup cost such as licensing fees and initial equipment/inventory cost associated with starting a business in legalized States. Our goal is not to take control or run our partners business, but to help our portfolio partners grow and build shareholder value through diversified revenue streams and great return on investment. www.cannabisfundinggrouplp.com
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 and specialty chemicals distribution. www.smartventuresinc.us
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: Roger@smartventuresinc.us
Website: www.smartventuresinc.us www.cannabisfundinggrouplp.com
Copyright © 2015 OTC Markets. All Rights Reserved
Well the positive side is that at least now the spread b/t the ask and the bid has narrowed significantly, so that's a good thing. Now just need the overall PPS to rise.
And I can't stand you either hello2005 b/c you spout nonsense, so the feeling is mutual.
So great volume today, crappy PPS. Wonderful.