JERICHO, NY, Mar 26, 2014 (eTeligis.com via COMTEX) Social Media Ventures, Inc. (OTC Pink: SMVI) (PINKSHEETS:SMVI)is determined to start a new phase to re-evaluate business operations, plans and direction of the Company and to also evaluate new opportunities and relationships, with certain incidental efforts, intended to improve the outlook of the company. While social media pursuits have shown promise, CEO Robert Thayer reflected, "building on the core social media with synergistic pursuits is fine but new and exciting areas may be warranted as a spark or fresh start."
The Company is also planning to update filings and seeking to work with lawyers, accountants, and advisors while facing mixed challenges and risks in building relationships and opportunities.
We are determined to communicate more frequently with shareholders on the progress and events, when available, though no guarantee exists of future success or results.
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