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.
ABOUT SMART VENTURES
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: www.sandaydrilling.com
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