LAS VEGAS, Nov. 10, 2014 /PRNewswire/ -- RAMOIL MANAGEMENT, Ltd. (OTCPink: RAMO) announces that RAMO Bio-Med, Inc., its wholly owned subsidiary, has finalized the R&D and product development of the first "RAMO CBD Pain" product line, utilizing our own proprietary formulas and proprietary High CBD, Extremely Low THC Cannabis Strain.
Per our May 20th, 2014 press release, the "RAMO CBD Pain" product line will be produced and distributed, under license, by Natural Elements Group, Inc., throughout California. Final packaging design, layout and printing will be completed this week with an expected product rollout within 10 to 15 business days. Product photos and information will be available on the corporate website www.ramocorp.com shortly.
Michael Goeree, Ramoil Management's Chairman, President and Chief Executive Officer, said: "One can argue that you are not a real company unless you have a product or service to sell. Well, we are now a real company with a real product line to sell."
Dwight Chornomud, Natural Elements Group's President and CEO said: "The RAMO CBD Pain product line is a great product with fantastic test results and reviews. We will be happy to introduce this product to our customers, patients and dispensaries."
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.
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, dispensary and distribution company, with production facilities in both Southern and Northern California.
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
SOURCE Ramoil Management, Ltd.