Smart Ventures Inc. (SMVR)

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Press Release: Smart Ventures Releases Earnings Report

Smart Ventures Releases Earnings Report

HOUSTON, TX--(Marketwired - May 8, 2014) - SMART VENTURES, INC. (OTC Pink: SMVR) (PINKSHEETS: SMVR)

Smart Ventures, Inc. is pleased to announce that it has released its quarterly earnings report via OTC Markets. As shown in our financial statements, the Company has consolidated operating revenues of $1,049,590 for the period ending April 30, 2014.

Comparison of Operating Results for the Period ended April 30, 2014 and the same period in 2013.

We had operating revenue of $154,353 in the first quarter last year, and $1,049,590 same period this year.

Consolidated Revenue and Operating Expenses

Our consolidated revenues and operating expenses were $1,049,590 and $240,634 respectively.

Resources Assets and Liabilities

At April 30, 2014 we had assets of $3,139,246 in furniture, vehicles, computers and equity investments in other entities. We also had 80 acres of oil and gas mineral lease in Florida. Our liabilities totaled $85,000 advanced from shareholder loans to the company of which $70,000 went towards financing tractor trailer trucks for our transportation services division. We believe our assets and existing revenues are sufficient to maintain continuous operations.

The full financials may be reviewed by visiting: www.otcmarkets.com

"We are trending toward healthy revenue and profit levels which will ultimately lead to tremendous growth, building shareholder value," says Roger Smith, CEO.


Where are these numbers coming from without accountants Mr. CEO ?