Social Media Ventures, Inc. Applies for Corporate Governance Certification With the International Council for Corporate Governan
03 September 2010 - 8:30PM
Marketwired
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.
Contact: Social Media Ventures, Inc. www.socialmv.com Email:
ir@socialmv.com Tele: (516) 204-4843
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