IRVINE, CA - (NewMediaWire) - September 23, 2015 - RAMOIL MANAGEMENT,LTD. (OTC PINK: RAMO) has officially put in an offer on a new distribution facility in Flint, Michigan.
Ramoil CEO, Jeremy Foti, announced that Ramoil has made a formal offer to purchase a 16,000 square foot production and distribution facility. "This building was left behind in the wake of the General Motors exodus from Michigan," Foti explained. "This building presents us with the perfect opportunity to meet the demand of our continuous expansion. What GM left behind will give birth to a new era of jobs and prosperity in this region -- a region that was once the center of the American Dream." The warehouse will have ample space for manufacturing, storage and distribution of consumer products.
Ramoil has been actively negotiating with several companies to market their product lines through the new Ramoil brand. "When we reveal Ramoil's new brand along with our newest business partners, we will be full steam ahead," Company VP, Geoffrey Broderick, shared with excitement, "we will be marketing several new products alongside our proprietary goods with a singular brand name and a diverse product mix." The company plans to move their Supercritical CO2 Extraction machine to the new facility to begin production, upon finalization of the contract.
ABOUT Ramoil Management, Ltd. Ramoil Management, Ltd. (RAMO) focuses on the development of innovative products that supply the medical, research, and pharmaceutical industries. The company is additionally establishing domestic and international partnerships with businesses that develop and sell proprietary consumer products and services related to the social marketing sector of the legal cannabis industry. Product lines for the consumer, music and entertainment sectors are in development.
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.