Smart Ventures Inc. (SMVR)

[johnmarcone100]

NEWS - CANNABIS FUNDING GROUP 10-K and 10-Q POSTED

http://www.otcmarkets.com/financialReportViewer?symbol=SMVR&id=139343

http://www.otcmarkets.com/financialReportViewer?symbol=SMVR&id=139344

"PLAN OF OPERATION
We also expect to generate revenues from a diversified portfolio of cannabis investments. Smart Ventures subsidiary Cannabis Funding Group, LP has made investment in The Green Fund Holding Company and Something Edible, Inc. a cannabis infused chocolates business through issuance of equity and debt to acquire a royalty interest in these companies. The company plans to list its LP units capital raise on ACE Portal, Prequin, and One Vest crowd funding portal. We believe we will have significant success in raising capital in 2015. The company has a significant deal flow of projects in the Cannabis Grow facility space in the US and Canada.

Liquidity and Capital
The Company subsidiary Cannabis Funding Group, LP. is still seeking a $10 Million capital raise for investments in Cannabis Related businesses. Cannabis Funding Group, LP issued 65 Limited Partnership units in exchange for $65,000 cash invested for foundation expenses paid. The parent company has been in negotiations with an institutional investor to provide a $3,000,000 equity line of credit to fund growth opportunities for the company."