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Smart Ventures Subsidiary Cannabis Funding Group Announces Agreement With Primco Management
Smart Ventures Subsidiary Cannabis Funding Group Announces Agreement With Primco Management
HOUSTON, TX--(Marketwired - Apr 10, 2014) - Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR) is pleased to announce that its subsidiary Cannabis Funding Group has executed a term sheet with Primco Management, Inc. to provide reserve equity financing of $10,000,000 over 36 months to the company to support its growth. We see Primco Management team as a strategic growth investment partner and look forward to seeing the company develop its medical marijuana initiative.
Roger Smith, CEO of Smart Ventures states, "We are aggressively pursuing investment opportunities in the medical marijuana industry, as we believe the revenue streams from this marketplace will yield significant shareholder value for our stakeholders."
Good for them lol
From the smartventuresinc.com Website!
Smart Ventures Inc feels there is significant opportunity to approach the medical marijuana market as a business-focused, high-integrity, public company providing significantly more financing to private cannabis companies. As a result, SMVR will be able to return increasing stock value to the investing public. As a distinct first step in this direction, the SMVR CEO has placed his shares in escrow with a law firm to obviate the risk of pump and dump activity that has otherwise been associated by regulators with other public marijuana related firms.
Cannabis related firms seeking a larger amount of long-term cooperative financing, for a smaller slice of their business, are encouraged to contact Smart Ventures Inc to discuss reserving their pro rata portion of SMVR $140 million authorized raise.
I haven't owned shares in this company ever I've always believed it was a scam and everyone Ive talked to about this company also believes this is a scam. I've been posting here for a few months saying it was a scam.
Pump and dump lol the people who are promoting this stock should find another line of work lmao
Such low volume I think this is definitely a great sign.
Woooooooooooooooooooooh MTRAIN BLASTING OFF wooooooooooooooooooh def gonna be at .19 by end of April at this rate!!!!!!!!!!!!
No idea maybe when the next pr comes out and they have some really great news.
Just got this off investopedia Definition of 'Escrowed Shares'
Shares held in an escrow account and in most cases cannot be traded or transfered until certain circumstances like time horizon have been reached. The use of escrow for holding shares is often done during acquisitions and for performance-based executive incentives.
Investopedia explains 'Escrowed Shares'
These shares can be held by an escrow company or by the exchange the shares trade on.
Let's say a company puts up shares as a guarantee on an acquisition. Should that firm rescind the offer, they're likely to lose the shares.
Has anyone read this??? Smart Ventures Inc feels there is significant opportunity to approach the medical marijuana market as a business-focused, high-integrity, public company providing significantly more financing to private cannabis companies. As a result, SMVR will be able to return increasing stock value to the investing public. As a distinct first step in this direction, the SMVR CEO has placed his shares in escrow with a law firm to obviate the risk of pump and dump activity that has otherwise been associated by regulators with other public marijuana related firms.
Cannabis related firms seeking a larger amount of long-term cooperative financing, for a smaller slice of their business, are encouraged to contact Smart Ventures Inc to discuss reserving their pro rata portion of SMVR $140 million authorized raise.
It just seems like a really slow morning and if the ex insider or whoever else is done selling we will only see like 3million volume today it's not a bad thing
I'm predicting very little volume today any other opinions?
Hi everyone hopin we have a good here
Huge news Alkaline Water Co. Now Available Through SUPERVALU
Alkaline Water Co. Now Available Through SUPERVALU
Company Headed for National Distribution Ahead of Schedule
SCOTTSDALE, AZ--(Marketwired - Apr 9, 2014) - The Alkaline Water Company Inc. (OTCBB: WTER) (the "Company"), developers of an innovative state of the art proprietary electrolysis beverage process, packaged and sold in 3 liter and 1 gallon sizes under the trade name Alkaline88, has achieved a major component of its national marketing strategy through the announcement today of product orders with SUPERVALU INC.
SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. offering expertise in grocery, pharmacy, independent business and supply chain operations with annual sales of approximately $17 billion. SUPERVALU serves customers across the United States through a network of 3,358 stores composed of 1,834 independent stores serviced primarily by the Company's food distribution business, 1,334 Save-A-Lot stores, of which 954 are operated by licensee owners; and 190 traditional retail grocery stores. Headquartered in Minnesota, SUPERVALU has approximately 35,000 employees. For more information about SUPERVALU visit www.supervalu.com
Steven Nickolas, President & CEO of The Alkaline Water Company, Inc., comments, "I am extremely proud of the fact that we have achieved so much in such a short period of time. We have worked hard, and today the fruits of that labor are paying off with our ability to announce that Alkaline88 is well on its way to becoming available from coast-to-coast. The relationship with SUPERVALU is huge for us, and completely validates the mainstream appeal and growth in the 'healthy choice' sector in general and our product in particular."
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer with the Securities and Exchange Commission ("SEC") available at www.sec.gov. For more information, visit our website at www.thealkalinewaterco.com.
Could these zazzz vending machines be easily stolen? like an ATM machine or something? like just load it into the back of a truck? don't want to steal it or anything just curious....
Are financials supposed to come out tomorrow?
This is just heavy manipulation if you cant handle these 20% swings then dont trade this and dont complain
Last time it went below 0.01 was because someone dumped a lot of shares this will go back up this will make a huge run soon. Some are just so impatient. This is one of the least discovered mj stocks out there
When it went down to this before it was because of a massive volume spike
Someone is really screwing around
What do you guys think about the very litle volume today?
Not going to see nearly as much volume as we did yesterday looks like dilution is over???
C'mon baby gogogogogogogo!!!!
An impressive 3 shares lol
We went sub penny yesterday and it went right back up it only stayed there for like 30 sec
So are you short or long or what? Lol
So do they like putting out prs about the same thing or what? Lol
Maybe someone should call them and ask how many shares have been issued?
Drop it like a rock lol
May just bottom out here for a while and trade sideways before we see any upward movement
The stock promoters must be sad their plan isn't working :( lmao
May see some nice eod action here hopefully.
We'll whoever is messing with the price gave everyone a great opportunity to load more. Long and strong!
Evil scumbag mm's
Guys I'm sorry but I do t think this has reached the bottom yet unfortunately I really am I hate losing money on a trade, but I think this will get even worse maybe even lawsuits because lawyers are always lurking around looking for any opportunity they can get :(
Me too my order just filled
Dam wtf is going on here all this great news and this is going down ridiculous!!!!
Over 200k sold looks like a few people panicked
Oh Jesus Christ....
Wow this is amazing great news