Smart Ventures Acquires Joint Venture Partner Bear Dealer Services LLC as a Subsidiary
June 27 2014 - 7:45AM
Marketwired
Smart Ventures Acquires Joint Venture Partner Bear Dealer Services
LLC as a Subsidiary
HOUSTON, TX--(Marketwired - Jun 27, 2014) - Smart Ventures, Inc.
(OTC Pink: SMVR) (PINKSHEETS: SMVR) acquires its joint venture
partner Bear Dealer Services LLC as a subsidiary to strengthen its
balance sheet and combined credibility for institutional investor
funding. Bear Dealer Services LLC is a Waco, Texas based company
that provides automotive product warranty sales and a diversified
range of automotive products to auto dealerships and its consumers
nationwide. The company currently provides these services on-site
at major dealerships throughout North America and is continuing its
aggressive growth pattern. The company had revenue of more than
$1.7 Million. We expect the financials of both companies will be
consolidated in our financials. "We are excited to grow our
relationship with Bear Dealer Services as our partner, which we
believe adds significant value for the growth of both companies,"
says Roger Smith, CEO.
About Smart Ventures Smart Ventures, Inc. is an independent
energy company engaged in engineering extended reach drilling
services, acquisition, development, production, and exploration of
oil, gas and minerals internationally. We also formed a midstream
transportation division with a fleet of trucks. We began to offer a
diverse range of armored vehicles which compliments out midstream
transportation division.
www.sandaydrilling.com www.smartventuresinc.us
About Bear Dealer Services, LLC Bear Dealers Services, LLC
specializes in building in-house film departments for North
American Automotive Dealerships. Bear provides automotive
product warranty sales and a diversified range of automotive
products to auto dealerships and its consumers nationwide.
www.beardealerservices.com
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their use in the negative), or by discussions of strategies, plans
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differ materially from those anticipated by such forward-looking
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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 Websites: www.sandaydrilling.com
www.smartventuresinc.us
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