SOURCE: Smart Ventures, Inc.

March 12, 2014 05:15 ET

Smart Ventures Announces Definitive Agreement

HOUSTON, TX--(Marketwired - Mar 12, 2014) - SMART VENTURES, INC. (OTC Pink: SMVR) (PINKSHEETS: SMVR)

Smart Ventures announces a new definitive agreement breaking ground for entrance into the transportation industry. We have engaged a full service logistics and transportation company located in Houston, Texas to manage our trucking fleet on an outsourced management basis. We decided to enter into the midstream asset business of transportation because of its relative high profit margins of 40-50% which should provide our stakeholders a better share price evaluation through increased revenue, strong assets and a more diversified business model. We plan to acquire a fleet of tractor trailer trucks soon and have already lined up contracts as a leased on carrier with drivers being provided by a local temporary agency.

We have an extensive growth plan to emerge as one of the largest oilfield services companies providing high quality engineering services to oil majors. Our goal is to create more jobs as a full service turn- key engineering firm, midstream transportation and independent oil and gas production company.


Smart Ventures is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. To learn more about the Company, visit:


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.

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