LAS VEGAS, NV / ACCESSWIRE / RAMOIL MANAGEMENT, LTD (OTC PINK: RAMO) (PINKSHEETS: RAMO), announces today that it has signed a LOI with PLAYER’S NETWORK, INC. (OTCQB: PNTV), for and on behalf of RAMO Bio-Med, Inc., a Florida wholly owned subsidiary and the operating entity of and for the "Supercritical CO2 Molecular Extraction" technology and facilities announced in the June 30th, 2014 Press Release. This LOI is the first step in the development of a comprehensive media and awareness program using Players Networks proprietary NextGen TV Enterprise platform, along with TV exposure through a Las Vegas based production facility and it’s related Cable TV programming. Details of this agreement will be revealed over upcoming press releases, in the near future.
Michael Goeree, the Company’s Chairman, President and Chief Executive Officer, said: “This is the media relationship and opportunity that will not only bolster the “RAMO” Band Name nationally and internationally but aid in legitimizing the entire Nutraceutical E-Cig and Botanical Extractions sectors.”
Mr. Goeree further stated, "This shows that Ramoil Management, Inc. is beginning to receive the market recognition from complimentary and veteran companies, of the stature of "Player’s Network", which has been in business and trading for approximately 16 years."
Mark Bradley, Player’s Network’s Chairman, and Chief Executive Officer, said: "We are extremely excited about the opportunity to become involved in producing a social media and broadband platform for the Nutraceutical E-Cig and Botanical Extraction sector with a dynamic company like Ramoil Management, Ltd. and their Pharmaceutical Grade Extraction Technology Subsidiary, RAMO Bio-Med, Inc."
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.
About Players Network:
Players Network is a Television and Digital New Media Company that uses its proprietary NextGen TV Enterprise Web Platform to develop numerous Branded Digital Lifestyle Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, "Players Network", "Vegas on Demand", "Real Vegas TV", focus on Las Vegas and Gaming Lifestyles and the newest Channel is "WeedTV". They are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com
About RAMO Bio-Med, Inc.
RAMO Bio-Med, Inc. is a wholly owned subsidiary of Ramoil Management, Ltd. (RAMO) and is a development stage company. The Company is the operating company of the newly acquired "Supercritical CO2 Molecular Extraction Technology" and will be building operating production facilities and research labs, both domestically and internationally.
Forward Looking Statements:
This news release contains forward-looking statements made by RAMOIL MANAGEMENT, LTD and Player Network. 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.
SOURCE: RAMOIL MANAGEMENT, LTD