LAS VEGAS, NV -- (Marketwired) -- 06/30/14 -- RAMOIL MANAGEMENT, Ltd (OTC Pink: RAMO) (PINKSHEETS: RAMO), announced today that it has licensed, for an interim period and soon, will acquire the "Supercritical CO2 Molecular Extraction Technology" from Veridian Laboratories, Inc. and Serheng ("Dr. Steve") Dizaiy, on June 20, 2014.
Michael Goeree, the Company's Chairman, President and Chief Executive Officer, said: "Now we begin to acquire the pieces we need to become a major player in the area of plant based oil concentrates."
Mr. Goeree further states, "We will open a wholly owned subsidiary to handle this business and are already negotiating with Joint Venture (JV) Partners and Investors on building Research Labs and Production Facilities here in America, Canada and Europe."
The Company's present wholesale product lines can be reviewed at www.ramocorp.com. A new webpage is under development to represent the expansion and addition of our new wholly owned subsidiary. All vapor oil and other plant based products are expects to be completed and ready for market by late August, 2014.
About Plant Based Supercritical CO2 Molecular Extraction.
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.
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.