Smart Ventures Acquires Joint Venture Partner Bear Dealer Services LLC as a Subsidiary

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

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: [phone] Email: [e-mail] Websites: www.sandaydrilling.com www.smartventuresinc.us