Great update from company!
And no dilution!!!
SMART VENTURES LETTER TO SHAREHOLDERS
Aug 06, 2014
OTC Disclosure & News Service
Houston, TX -
Dear Fellow Stakeholders
Smart Ventures, Inc. is on a path to tremendous growth and increased revenue. The company is continuing its business plan. The CEO, Roger Smith have been offshore supervising drilling operations on platform for the past 50 days. Thus, his communication with fellow stakeholders has been limited. We ask our fellow stakeholders to please refrain from contacting companies we contract with and provide services too, because it creates issues for the company’s contract relations. We understand the desire to conduct personal due diligence, but our vendors have asked us to find a way to get that under control as it disrupts their business with all the emails and phone calls. We will keep our shareholders informed.
The Sanday Corporation has begun its drilling contract with BP in Azerbaijan through Merlin ERD.
Our Cannabis Funding Group, LP fund manager, Marcel de Rushe has been on a fund raising campaign to reach our goal of $100,000,000. He has released the private placement memorandum for investors to subscribe for limited partnership units @ $50,000 per unit. Our Cannabis Funding Group has received several calls and emails of interest from companies in the cannabis business seeking strategic funding both in the US and Canada. We have a great pool of companies in the cannabis space to choose from as portfolio companies. We have also had meetings and discussions with several accredited and institutional investors for direct investment in both Cannabis Funding Group, LP. We hope to begin funding our joint venture partners in the Cannabis industry soon, which will generate we believe significant revenue as we will own a considerable equity stake in those ventures.
We have been approached by many oilfield companies seeking joint venture opportunities and we are conducting due diligence on several potential acquisition candidates to increase revenue, assets and profits.
“We believe patient capital will prevail as we grow this company, we thank you for your continued vote of confidence and support fellow stakeholders”, says CEO Roger Smith.
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 Cannabis Funding Group
Cannabis Funding Group, Inc. a Colorado corporation is a wholly owned subsidiary of Smart Ventures, Inc. Cannabis Funding Group, LP is a Texas Limited Partnership. CFG is a strategic investment partner for entrepreneurs in a diversified range of cannabis related businesses. www.cannabisfundinggrouplp.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: Roger@smartventuresinc.us
Websites: www.cannabisfundinggrouplp.com www.sandaydrilling.com www.smartventuresinc.us
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