Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wow, no volume and 2 hours into the trading day. Anyone out there?
Roger just sent me the agreement which I cut and pasted in a separate message. Now please be quiet.
Roger sent me the agreement with TAC on TAC letterhead. I've copied and pasted it below for your reference:
April 22, 2014
To Whom It May Concern:
We would like to take this opportunity to present Smart Ventures Inc. to you as an official representative for Texas Armoring Corporation (located in San Antonio, Texas USA). Smart Ventures Inc. has been asked to represent Texas Armoring Corporation in Africa and the Middle East to facilitate your specific security needs, and to assist Texas Armoring Corporation with sales and marketing of armored bulletproof passenger vehicles, so urgently required in so many parts of the world at this time.
Smart Ventures Inc. can be reached at +1.832.717.4412 or I can be reached at our manufacturing facility in San Antonio, Texas. We appreciate the interest that you have shown in our company, and any courtesies that you might extend to Smart Ventures Inc.
Sincerely,
Jason Forston
EVP, Marketing & Sales Texas Armoring Corporation
Smart Ventures Inc.
Roger A T Smith: CEO / Director 1907 Woerner Road Houston, Texas 77090 Tel (US) +1.832.717.4412 http://www.sandaydrilling.com https://www.sandaycorp.com
So if Roger delivers a sale, he will get a commission. That's basic sales 101, so nothing wrong with that. It's a commission-based fee structure, which is standard in many industries. For example, a realtor doesn't get paid until he/she sells a house, after which he/she gets a commission. So, as long as this is in writing, which Roger says it is, then I'm completely fine with it.
I received the below e-mail from Jason Forston (EVP at Texas Armoring Corporation) who said:
"We didn’t enter into a contract—we just authorized them to market and sell armored vehicles.
...
JASON FORSTON
EVP, Texas Armoring Corporation
www.texasarmoring.com
jason@texasarmoring.com
+1.210.333.0211 x8103 TEL | +1.210.892.0371 FAX | +1.210.215.5210 MOB"
But Roger says he has a signed agreement. So I'm thinking that both parties signed a paper. Whether this constitutes a "contract" is debatable. But if a signed agreement exists, that works for me. As long as commissions will flow from it.
Roger just replied to me:
"We have a signed agreement with TAC to represent them in Africa and the middle east.
Roger A T Smith, Chairman & CEO
SMART VENTURES, INC ( SMVR)
Tel 832-717-4412Call: 832-717-4412
Roger@smartventuresinc.us
www.smartventuresinc.us
www.sandaycorpdrilling.com"
Marcel emailed me from this address: mderushe@mdrfinancialservices.com
He wanted to paste my Low Carb High questions into a new email and then include Will from LCH on the e-mail chain so we can start the negotiations. I did that but no reply yet from either party.
Can you guys politely e-mail Marcel and ask him to start negotiations with LCH asap so LCH doesn't get investments somewhere else?
Thanks!
Roger replied to me today saying we'd get news today AND also on Friday. So hopefully we'll get double bounce.
NEWS! http://www.otcmarkets.com/stock/SMVR/news?id=82967
OTC Disclosure & News Service
Share on Facebook Share on Twitter Share on LinkedIn
SMART VENTURES SUBSIDIARY THE SANDAY CORP CONTRACT DRILLING ASSIGNMENT FOR TULLOW OIL IN KENYA
Jun 18, 2014
OTC Disclosure & News Service
Houston, TX -
SMART VENTURES, INC subsidiary The Sanday Corporation through its contract with Merlin ERD, which is considered the world leader in Extended Reach Drilling, is pleased to announce its drilling services assignment for Tullow Oil in Kenya. We continue to build upon our drilling services division worldwide. We value our contractual relationship with Merlin ERD as invaluable as they continue to provide extraordinary drilling opportunities for us internationally.
?We are committed to providing a diverse range of services to the oil and gas community via our contract with Merlin ERD, which affords us worldwide recognition for excellence in providing these services to oil majors, Say CEO Roger Smith.?
About Merlin ERD
Merlin ERD Limited is the leading independent Well Engineering consultancy, specialising in Extended Reach Drilling (ERD), Complex and High Angle wells. With experience delivering demanding ERD projects from Sakhalin to Australasia, the Middle East, West Africa, the North Sea and the Americas, whose clients have enviable access to the latest deviated drilling innovations being implemented around the world. www.merlinerd.com
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. We also formed a midstream transportation division with a fleet of trucks. We began to offer a diverse range of armored vehicles which compliments out midstream transportation division. www.sandaydrilling.com www.smartventuresinc.us
About Tullow Oil
Tullow Oil Plc is one of the largest independent oil and gas exploration and production companies in Europe with a focused portfolio of world-class assets. They are Africa's leading independent oil company with recent basin opening discoveries in Ghana, Uganda and Kenya. www.tullowoil.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: info@sandaydrilling.com
Websites: www.sandaydrilling.com www.smartventuresinc.us
Copyright © 2014 OTC Markets. All Rights Reserved
Yes please!
Seems to me we've already had a massive dump, so hopefully sun will shine on this stock and it will start to rise, especially with news.
As long as it bounces past a penny I'll be happy.
I got reply from Roger:
"The accountant said last week that he was meeting with the auditor on Wednesday.
As to how long it will take , it is in their hands.
Thanks
Roger Smith
Roger A T Smith, Chairman & CEO
SMART VENTURES, INC ( SMVR)
Tel 832-717-4412Call: 832-717-4412
Roger@smartventuresinc.us
www.smartventuresinc.us
www.sandaycorpdrilling.com"
So the audit is moving forward. I think we should consider this a good step forward.
Here it is -- http://apps2.collierclerk.com/CorPublicAccess/Document/View/4396759
hello2005 - do more due diligence before you say things like "I'll bet my whole life that you don't own any property in florida ..."
I'm not wanting to pump, dump, or anything else. I'm just wanting to give this stock a fair shot and all of the CONSTANT negative harping is just noise. Yes I have a lot invested here and don't wish it to dwindle to zero. That said, I'm holding for long term. You have your opinion and you're entitled to it for sure, but I would ask that you please stop all the CONSTANT negative talk as it's not helping and clearly Roger isn't bothering to respond to it. We all know your position, no need for a play-by-play accounting. If you have legitimate concerns, please put it in one posting, not 100.
If what you said earlier is true - that you sold out your position - then can you please stop posting negative comments on this board so that those of us with continuing investments won't suffer any further? Thanks.
not much volume at all today
From SMVR Facebook:
https://www.facebook.com/smartventures
"June 12
Tullow Oil Kenya project started today. Tight Hole contract so no information can be released"
You're welcome :) I have a lot invested in this company, so it better pay off!
Reply from Roger regarding Marcel's license:
"Thank you for your e mail. I have looked at it, States that he is licensed in Colorado.
I am not going to post it anywhere, that would not be correct in my opinion. It states that he is licensed as a non resident producer in the state of Colorado for Life and variable products.
If you would like further information on his license please e mail to Marcel himself.
Thank you.
Regards
Roger A T Smith
Roger A T Smith
CEO / Director Smart Ventures Inc
President The Sanday Corporation ( A subsidiary of Smart Ventures)
1907 Woerner Road
Houston
Texas 77090
Tel (US) 832-717-4412
http://www.sandaydrilling.com
http://www.smartventuresinc.us"
Just sent emails to Roger and Marcel. Will let you know what they reply.
You would think that after the entire debacle with all the errors on the previous Web site, Roger would ensure that everything on the new Web site is accurate....
Marcel de Roushe's e-mail address (mdrushe@yahoo.com) on SMVR's new web site that Roger posted is wrong. I just tried emailing him and I got a bounceback error.
Not much at all - It's typically $7 per trade, but a little more for sub-penny stocks.
I use Scottrade and it works great
My average is still way high, so I need to average myself down. These low prices will allow me to do that.
My money will settle tomorrow, so I will probably buy if it hits $.0020
I'm not bashing, just trying to get facts out in the open. I emailed Roger just now to inform him about my conversation with LCH and told him he needs to move quickly if he wants to get a deal done because right now LCH is moving on to other investors.
FYI - I just got the following reply from Chet Billingsley (CEO at MNTR):
"Roger Smith did email me after you and I communicated. He said he was in Kenya, I think, and relied on technical people for the web site. I said I did not appreciate him saying I copied his site and he should retract that. He has. I then wrote that he should rewrite the page from scratch, heck its only a page or so. The site is down, I understand, so perhaps that has started.
Best,
Chet Billingsley, Chairman & CEO
? M E N T O R C A P I T A L , I N C. (MNTR)
Post Office Box 1709 ? Ramona, CA 92065
Dir: (760) 788 - 4700 ? Fax: (760) 788 - 2525"
I spoke to Will White on the phone. SMVR is dragging its feet - after initial LOI to fund Low Carb High (LCH), there was dead silence. Then Roger sent Will an email the other day saying he's still interested. But still just words, no action. So Will said LCH is now seeking other investors. He even invited me to invest and become part of the company! Roger - you need to move quickly on this if you want to secure the deal with LCH as they are now moving on to other investors. What's the hold up Roger?
Yes - I'm trying to set up a conf call with Will. He said he will send me private email with details.
Will White (Low Carb High) replied to my tweet. Thoughts people?
Will White
@FeedARevolution
I'm working on my #marijuana #startup @lowcarbhigh...anybody know a good source of info on #licensing? Of course I've already googled it - 11 Jun
John
@johnmarcone100
@FeedARevolution @lowcarbhigh I thought LCH was launching in Spring 2014, according to Web site. How can that be if you're not licensed yet? - 12 Jun
Will White
@FeedARevolution
@johnmarcone100 I'm talking about licensing as it pertains it intellectual property
02:09 PM - 12 Jun 14
The SMVR Web site has been taken down.
http://www.smartventuresinc.com/
Well this is encouraging that he's finally doing something about Low Carb High...
The audited financials for SMVR will be telling. Hopefully this can be produced sooner rather than later.
No no no, they are working with Low Carb High. Completely different company....
I got reply from Roger:
"It is being looked at by our internet team.
Thank you for the e mail.
Roger A T Smith
CEO / Director Smart Ventures Inc
President The Sanday Corporation ( A subsidiary of Smart Ventures)
1907 Woerner Road
Houston
Texas 77090
Tel (US) 832-717-4412
http://www.sandaydrilling.com
http://www.smartventuresinc.com"
I asked him to share more details once he has them.
I agree, this WilL rise in my opinion
I'm holding and waiting for Rogers reply.
I'm still long, but I need Roger to reply to these issues we've raised.