HOUSTON, TX—via eTeligis—Smart Ventures (OTC Pink: SMVR) is pleased to announce the closing of its acquisition of The Sanday Corporation oil and gas drilling Services Company, which has been operating since 2000. Jamie Bond, the former CEO and board member has resigned as part of the acquisition agreement. Roger AT Smith, the new CEO of Smart Ventures, has over 30 years oil and gas drilling, completion, work over and production experience with a B.A. in Mechanical Engineering. The Company has a good operating history with a strong safety record. "We are excited to become a public company and look forward to building shareholder value through an aggressive growth plan through acquisitions and expansion of services in the oilfield industry," said Roger Smith, CEO.
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: info@sandaydrilling.com
Website: www.sandaydrilling.com
SOURCE: Smart Ventures, Inc.; The Sanday Corporation
Associated Documentation:
Link to submission on http://www.eteligis.com
SMVR_2-5-14_ETL_KMG.docx
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