Ramoil Management Filing Financial Reports
(firmenpresse) - LAS VEGAS, NV -- (Marketwired) -- 05/18/15 -- Ramoil Management, Ltd. (OTC PINK: RAMO) announced today that they are filing first quarter, 2015 and year-end quarterly reports. While awaiting OTC markets to review and update financials for the public, Ramoil Management, Ltd. is upgrading the website to provide direct to consumer sales and will be announcing a new distribution partnership within the next sixty days.
The financial reports will show some revenues; however, company executives are confident that there will be substantial inflows this year. "We will see revenues this year," Tim Stokes, CEO of Ramoil Management, Ltd., declared. "Now that we have updated our corporate status and are filing our most recent financials, we are one step closer to becoming a fully reporting company; this will bring trust and transparency to our operations."
Last week RAMO announced upcoming distribution partnerships. "These partnerships coupled with our exciting new website are integral, symbiotic relationships that will help solidify the foundation of what RAMO is building," Stokes stated. "RAMO fills an important niche in this sector, and we will grow stronger as this industry does."
Ramoil Management, Ltd. (RAMO) is a development stage company focused on the operations of licensed and legal cultivation, extraction, manufacturing and retail facilities. The company's evolving business plan establishes domestic and international research and production laboratories working to perfect a proprietary strain of high CBD/low THC extraction compounds. The company plan focuses on revenues generated from the delivery of CBD extractions, concentrates and medicines using established wholesale and retail partnerships.
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.
CONTACT:
Company Contact:
Timothy Stokes
Interim President and CEO
1-702-381-1961
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Unternehmensinformation / Kurzprofil:
Datum: 18.05.2015 - 17:31 Uhr
Sprache: Deutsch
News-ID 394039
Anzahl Zeichen: 0
contact information:
Town:
LAS VEGAS, NV
Kategorie:
Commercial & Investment Banking
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