Ramoil Management, Ltd. Letter to the Shareholders
LAS VEGAS, NV--(Marketwired - Apr 28, 2014) - Ramoil
Management, Ltd. (OTC Pink: RAMO) (PINKSHEETS: RAMO)
Dear Shareholders,
First and foremost, I would like to thank all our shareholders
for their continued support over the past few years of trials and
tribulations. Secondly, I would also like to welcome the new
shareholders and thank them for their vested interest in our new
business direction and efforts.
The intent of this letter is to get an opportunity to bring
everyone up to date on the direction of our company and more
importantly, recent events in regards to the advancement or
business development of said new business direction.
Past Opportunities and Investments: Over the past few years,
Ramoil Management, Ltd. had tried to purchase and develop outside
businesses to strengthen the shareholder value for every
shareholder. Further, it is no secret that the economy has
been anything but helpful in the launching of new ventures and
opportunities and the results have been quite evident.
Therefore, as mentioned in the April 9th, 2014 press release,
Ramoil Management, Ltd. feels it in our best interest to close or
terminate all old business and write down all old debt as losses
and begin without own business model, realized from our own seeded
initiative.
In said business model, we will no longer be bound by another's
prior obligations or constraints and are free to determine and
realize our own value. This means that our future and our
destination stems from "us" and us alone.
Natural Elements Group, Inc.: On April 15th, 2014, RAMO signed a
supply, service, and brand name licensing agreement with Natural
Elements Group, Inc., a licensed Southern Californian based
Cannabis and Medical Marijuana Collective and Grow
Facility. In this agreement, Ramoil Management, Ltd. will
supply all materials required by Natural Elements Group, Inc.,
including but not limited to, Lights, Fertilizers, E-Pens or
E-Cigs, Tobacco Vapor Oils, Product Tracking Software Systems,
access to growth financing and the licensing of Ramoil's own trade
symbol RAMO as the new brand name E-Cig / E-Pen to be produced and
distributed, initially inside California ONLY, by Natural Elements
Group, Inc., with its own, proprietary, Cannabis THC and CBD oil
vapors or liquids.
Clarification and Correction of the Press Release regarding the
Natural Elements Group, Inc. Agreement dated April 16th, 2014.
"In connection with this agreement Ramoil will begin to sell all
materials needed, except the actual plants and/or seeds and/or
anything containing THC to Natural Elements Group, Inc., which it
requires for its production and distribution within its own
network."
As a Public Company, we cannot physically handle the THC
products in any manner but can supply all needed materials except
the seeds, plants, etc. that have THC.
Dividends: We expect that by January 1st, 2015 (Q1 2015), we
will be in a position to start with quarterly dividend payments on
all "Class C" or Common Shares. The amount of this anticipated
dividend is yet to be determined.
Future Mergers/Acquisition: In Ramoil's new direction as a
Supplier of Equipment and Raw Materials to the Medical Marijuana,
Greenhouse and Grow Sector, along with acquiring assets, such as
real estate, to support said sector, acquire and license brands for
production and offering brand support to Collectives in many
States, Ramoil has begun negotiating with Edibles Manufacturers,
Hydroponics Stores, Equipment Suppliers and owners or recognized
brands in these sectors for direct acquisition, joint ventures and
licensing partnerships.
The Market: Over the past few months I have received many
comments and inquiries as to RAMO's stock structure and liquidation
of shares by insiders. Please let it be clearly known and
understood, that the insiders, both Management and Directors alike,
do not hold any free trading stock in RAMO, as we are taking a
long-term approach to RAMO through the holding of restricted shares
only.
To this end, there has been some strong selling in the market
creating downward pressures on our stock price and market value at
its current level. After some research, it has come to our
attention that RAMO is oversold, due to or seemingly to, naked
short selling by upwards of 20% to 30% of the float. We are
presently working to resolve this issue and are discussing all
options in this, including a "certificate verification" (aka: cert
call). We expect that this will correct the short
positioning.
Finally, per our market positioning, we are in the process now
of updating all filings with OTC Markets and removing the "Stop
sign."
The Board of Directors would again like to take this opportunity
to thank all shareholders for their patience and continued support,
and looks forward to enhancing shareholder value as we proceed.
Sincerely,
/s/ Michael J. Goeree Michael J. Goeree Chairman,
President & CEO
DISCLAIMER
The information provided in this letter is intended solely for
the general knowledge of our shareholders and does not constitute
an offer or a solicitation of an offer for the purchase or sale of
any shares or other securities of Ramoil Management, Ltd. There are
substantial risks associated with investing in development stage
companies. Potential investors should seek advice from a qualified
financial dealer prior to investing in Ramoil Management, Ltd. No
securities commission or similar authority has in any way passed on
any of the information contained in this letter.
Forward-Looking Statements
This letter contains "forward-looking statements", as that term
is defined in Section 27A of the United States Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other things, the
development of our property interest and any exploration or test
results that we may obtain.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. In particular,
estimating resources and reserves involves inherent engineering
uncertainties as well as inherent uncertainties about the future
fluctuations in the price of electricity, which can cause estimates
of economic reserves to be revised upwards or downwards. Other
factors affecting forward looking statements include, among others,
the inherent uncertainties associated with technologies
developments; legislative, environmental, judicial, regulatory,
political and competitive developments in areas in which Ramoil
Management, Ltd. operates; and technological, mechanical and
operational difficulties encountered in connection with Ramoil
Management, Ltd.'s activities. These forward-looking statements are
made as of the date indicated, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although we believe that the beliefs,
plans, expectations and intentions contained in such statements are
reasonable, there can be no assurance that such beliefs, plans,
expectations or intentions will prove to be accurate. Potential
investors should refer to the risk factors disclosure outlined in
our periodic and current reports filed from time-to-time with the
Securities and Exchange Commission.
CONTACT: Company and Investor Relations Frank Blainey, Esq.
+1-702-381-1961 Ramoilir@gmail.com
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