RAMOIL MANAGEMENT, Ltd (OTC Pink: RAMO) (PINKSHEETS: RAMO), announces that it has signed a supply and services agreement with Natural Elements Group, Inc., a California Medical Marijuana Collective
In connection with this agreement Ramoil will begin to sell all materials needed, accept 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.
Ramoil Management's Chairman, President and Chief Executive Officer (CEO). Mr. Goeree stated: "I believe that our new relationship will allow Ramoil to properly and legally enter the Medical Marijuana sector and expand nationwide together with Natural Elements Group, Inc., as it grows its own operations and distribution."
Natural Elements Group's President and Chief Executive Officer (CEO). Mr. Dwight Chornomud stated: "I am excited to be able to work with and through Ramoil Management to achieve better quantities of scale pricing, on all our needed materials, through greater buying power".
About Natural Elements Group, Inc.
Natural Elements Group, Inc. is an established California Mutual Benefit Non-Profit Medical Marijuana Collective. Natural Elements Group, Inc. presently operates as a multiple member medical marijuana collective, with production facilities in both Southern and Northern California. Natural Elements Group, Inc. is looking to expand into other states by licensing its branded products to local licensed producers in each legal state.
About Ramoil Management, Ltd.
Ramoil Management, Ltd. (RAMO) is a development stage company. The new business model is of supply side management, product development consulting and expansion consulting for the growing Medical Marijuana sector and other commercial plant oils sectors.
Forward Looking Statements:
This news release contains forward-looking statements made by RAMOIL MANAGEMENT, LTD. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 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 and services 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.
CONTACT:
Company and Investor Relations Contact:
Frank Blainey, Esq. at:
+1-702-381-1961
SOURCE: Ramoil Management, LTD.
Associated Documentation:
Link to submission on http://www.eteligis.com
RAMO_4-16-2014_PAP_ETL.docx
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