Social Media Ventures, Inc. Applies for Corporate Governance
Certification With the International Council for Corporate Governance
JERICHO, NY--(Marketwire) - Social Media Ventures, Inc. (PINKSHEETS: SMVI)
announced today that it has applied for a Level 1 certification with
the International Council for Corporate Governance (ICCG). The
certification application is a 2 step process. First a Questionnaire to
be filled out by a company executive that will be reviewed by the ICCG
Audit Committee. Then the company's Executives and Board of Directors
will have to adopt a code of Ethics prepared by ICCG. If satisfactory,
ICCG will then issue a certification and all details will be published
on www.socialmv.com
"We are adopting a code of ethics for SMVI and ultimately
adding value to the company and to our investors," stated Mr. Robert W.
Thayer, President of SMVI.
About The International Council for Corporate Governance:
The International Council for Corporate Governance is an
International membership organization that provides publicly traded
companies with a practice model for Corporate Governance Disclosure.
Their goal is to increase the standard of corporate transparency and
corporate governance disclosure to increase investor confidence. For
more information please visit:
www.i2cg.org
Forward-looking statements:
This press release contains certain forward-looking
statements, which are made pursuant to the "Safe Harbor" provisions of
the Private Securities Litigation Reform Act of 1995. Statements of
future goals or expectations, containing words such as "expect,"
"believe," "should," "anticipate," "intend," "plan," "may," "will" Or
similar expressions reflecting something other than historical fact are
intended To identify forward-looking statements, but are not the
exclusive means of identifying such statements. These forward-looking
statements involve a number of risks, uncertainties and assumptions that
are difficult to predict and that could cause actual results to differ
materially from those currently anticipated. Factors that could cause or
contribute to such differences include, but are not limited to, the
successful completion of acquisitions and the integration of such
businesses with those of the Company, competition, technological
changes, the ability to obtain financing and other factors. The Company
undertakes no obligations to revise or update any forward-looking
statements in order to reflect events or circumstances that may arise
after the date of this press release.