LAS VEGAS, Dec. 1, 2014 /PRNewswire/ -- RAMOIL MANAGEMENT,
Ltd. (OTCPink: RAMO) announces that RAMO Bio-Med, Inc., its wholly
owned subsidiary, has signed a Binding LOI / Agreement with a
licensed, legal and "unnamed" Michigan Cannabis Group to begin
setting up facilities throughout Michigan, starting in the city of Flint.
RAMO Bio-Med, Inc. has filed for a Michigan corporation, "RAMO Bio-Med (MI),
Inc." on a 51% RAMO Bio-Med, Inc. and 49% Michigan Cannabis Group,
Joint Venture basis. This operation should entail, licensed
and legal cultivation, extraction, manufacturing and retail
facilities. More details will be disclosed over the coming 30
to 60 days, as this business develops.
Michael Goeree, Ramoil
Management's Chairman, President and Chief Executive Officer,
said: "This is a great opportunity in Michigan. I will
be travelling there in mid-December, together with Dwight Chornomud of Natural Elements Group, Inc.
(as consultant) to meet with everyone and begin this process, which
is already well organized, licensed and seemingly prepared to hit
the ground running."
About Ramoil Management, Ltd.
Ramoil Management, Ltd.
(RAMO) is a development stage company. The Company is an
online wholesaler of E-cigarettes containing nutraceutical vapor
oils, E-cigarette delivery systems and hydroponic lighting and
nutrients. Through its wholly owned subsidiary, RAMO Bio-Med,
Inc., it is operating a "Supercritical CO2 Molecular Extraction"
system and is planning to build production facilities and research
labs, both domestically and internationally, focused on its own
proprietary strain of high CBD – extremely low THC Extraction
Facilities (Labs and Manufacturing), for the development,
production and sales of CBD extractions, concentrates and
medicines.
Forward Looking Statements:
This news release contains forward-looking statements made by
RAMOIL MANAGEMENT, LTD. 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 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.
The Company is not entitled to rely on the safe harbor provisions
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 because it is not registered under
either Act.
Company and Investor Relations Contact:
Frank Blainey, Esq. at:
+1-702-381-1961
Ramoilir@gmail.com
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SOURCE Ramoil Management, Ltd.