FORT LAUDERDALE, Fla.,
Aug. 31, 2011 /PRNewswire/ -- Ramoil
Management, Ltd. (OTC: RAMO) issues the following letter to
shareholders:
Dear Shareholders,
I understand that it has been quite some time since our last
corporate communication or press release and for this I do
apologize. Our commitment to our planned and stated Business
Plan/Model has not waivered and all aspects of our business that
was previously announced is still in full force and developing
nicely, thanks to the direct help and support of Alex Taranu.
The reason for the silence is quite simple. I have had
some sudden and serious medical issues which required my immediate
and undivided attention, along with some required recovery time.
I am now fully recovered and ready to move Ramoil forward as
always promised.
To this end, we will continue with the name change immediately
and still would like to be fully reporting by January 1st, 2012. Other changes in the
coming quarter will be a more active and direct operational and
management roll by Alex Taranu and a
closer relationship with Groupe Concorde Developments (GCD).
I would like to thank all the shareholders for their patience
and understanding over the past few months.
Now it is time to get back to work and complete our Business
Plan.
I would like to wish everyone a wonderful and safe Labor Day Weekend and expect that September will
be a month of transitions, changes and a refocus on the task at
hand.
Kind regards,
/s/ Michael J. Goeree
Chairman & CEO
About Groupe Concorde Developments, Inc.
Groupe Concorde Developments, Inc. ("GCD"), of
Fort Lauderdale, FL, has been in
operation here in America since 2007 and in Europe as Concorde Groupe, GmbH since 2005.
GCD has solar energy, wind energy and waste to energy
projects already under contract, with Power Purchase Agreements
(PPAs) also already negotiated and signed, on Government Projects,
backed by the European Union (E.U.) in Romania and Bulgaria. Beyond this, GCD also has an
"up to" 250 bed Environmentally Friendly, Green Assisted Living
Facility (ALF) already Romanian Government and E.U. approved for
development. This Green Friendly ALF concept is also under
consideration for implementation in Florida and Arizona as well.
Each of these projects will be substantially underwritten by
E.U. subsidies, of which, the granting of these subsidies, so long
as all requirements and prerequisites are met, like the purchase of
green energy in Europe, under
E.U. Law, is a "Matter of
Law."
About Ramoil Management, Ltd.
About Us Statement: Ramoil Management, Ltd. (RAMO), soon to be
Enviro|Tech Capital, Ltd., is a development stage capital company,
focusing on green energy projects, asset management and other niche
technologies temporarily headquartered in Long Beach, California. Ramoil's present
strategy is to identify buy-out and/or merger opportunities in the
"Green / Renewable Energy Sector" and "Niche Technologies Sector"
which will immediately impact and grow our asset and revenue base.
Through our world-wide network of Brokers and Scientists we
already have one and possibly more such projects identified and are
working through the due diligence process on each of these
projects.
Forward Looking Statements
This news release contains forward-looking statements made by
RAMOIL MANAGEMENT, LTD. in reliance upon the safe harbor provisions
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. All such statements included in
this press release, other than statements of historical fact, are
forward-looking statements. Although Management believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will
prove to have been correct. Actual results may differ materially
from those indicated by these statements. The following risk
factors, among others, could cause actual results to differ
materially from those described in any forward-looking statements.
These risks and uncertainties include, but are not limited to,
economic conditions, changes in the law or regulations, demand for
products and services of the company, the effects of competition
and other factors that could cause actual results to differ
materially from those projected or represented in the forward
looking statements. Forward-looking statements are typically
identified by the words: believe, expect, anticipate, intend,
estimate, and similar expressions or which by their nature refer to
future events.
Company and Investor Relations Contact:
Mr. David Reiter at
323-952-3754
info@envirotechenergy.com
SOURCE Ramoil Management, Ltd.