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These comment have me quite worried that they might do a reverse or am I not read it right . it's sound to me that they could do that
"I believe the Terlyn Technologies business will be treated as discontinued operations, as we take the Company's business in a new direction.We intend to implement a new business model over the next 30 days.During this period, all restructuring scenarios will be considered, if deemed necessary."
What do take that to mean?
News out in Ramo!!!
We got new out in RAMO!!!!
RAMOIL MANAGEMENT, LTD. (OTCPINK: RAMO) Announces Its Termination of the Acquisition Agreement With Terlyn Technologies, Inc.
CLEARWATER, FL, Apr 09, 2014 (eTeligis.com via COMTEX) RAMOIL MANAGEMENT, Ltd (OTC Pink: RAMO) (PINKSHEETS:RAMO), announces that it has terminated the acquisition of Terlyn Technologies, Inc.
In connection with the termination of the acquisition, Lynn Rushmore and Terence Rushmore have resigned from their positions as officers and directors and have returned the stock they received in the acquisition to its original owner.Also, Lynn Rushmore has cancelled his convertible promissory note due from the Company and James D. Schivley has cancelled his consulting agreement and resigned as a director.
Finally, Michael J. Goeree has been reinstated as Ramoil Management's Chairman, President and Chief Executive Officer (CEO).Mr. Goeree stated: "I believe the Terlyn Technologies business will be treated as discontinued operations, as we take the Company's business in a new direction.We intend to implement a new business model over the next 30 days.During this period, all restructuring scenarios will be considered, if deemed necessary."
About Ramoil Management, Ltd.
Ramoil Management, Ltd. (RAMO) is a development stage company.The company has identified a new business direction and will be announcing this in the near future.
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.
Company and Investor Relations Contact:Frank Blainey, Esq.+1-702-381-1961Ramoilir@gmail.com
SOURCE: Ramoil Management, LTD.
Associated Documentation:http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=25422 - Link to submission on http://www.eteligis.com
Copyright eTeligis Inc. 2014. All rights reserved.
-0-
INDUSTRY KEYWORD: MANUFACTURING
SUBJECT CODE: COA
NEWS out!!!
RAMOIL MANAGEMENT, LTD. (OTCPINK: RAMO) Announces Its Termination of the Acquisition Agreement With Terlyn Technologies, Inc.
I got still allot of power right now am bid pick up stuff I bought some offer also up in the .009 last week sold almost all my share in this MJ deal I was in for a long time made huge killing on that trade. so am take risk here look at the chart this could be a huge running if we get news if that Happen I be take out offer above a penny if the news has meat otherwise I might screw!!! But with the this been way trading I feel the future is super bright!!!!! GO GO RAMO
I agree with u on that we getting close to a penny land it look as if has people back off hopeful they back in if the these crazy split ever get smaller right now the bid just move up and the ask came down we should get some action once that narrow IMO GO GO RAMO
am glad no one paint it I hope for one or two day sell so I can buy more because am take i complete gamble on this stock but my last deal I did the same thing keep avg down from .01 to .0009 after year it final pop I killed it got as high .076 that stock last week but I start a little early to sell around .045 to .072 am out now almost %88 still hold a little see what happen but my point is I take some risk here as the right price so if am wrong the damage is not to crazy but if we get company update in pinksheets , or positive news then i be going ball out to the wall right now IMO Am gambling right now but I can only so I can only risk so much until there news out!!!!! GO GO RAMO
Yes there is a TA on this company unless they change they have not updated!!!! GO GO RAMO
Yes right about that ,am just try to be a cheap pig get more share under a penny but that think have cost be big time in this so far I could got at least 2 mil more than i did stupid!!! anything under .02 i think is cheap as long the company is doing something or if it a deal that is kick ass u can take up .04 IMO !!!! looking at the past run !! GO RAMO
it looking like that I hope u wrong because i want to get allot more share under a penny if I can !!!!GO GO RAMO
Wow .0093 printing man I should bought allot of the freebie freebie then I did this still freebie zone just little more risk now with no news out yet . But who know if the is big we be kick our self for missing these prices.. I only add 200k today try to add more !!!! GO GO RAMO
Why what a run today was man I had a ton of this freebie share that I bought when no wanted but I sold allot of this .04 it look I fill on some the %20 I keep just in case it went higher I wish I had I would hold %80 I would be shop for beach front property if I did!!!
I was just wonder what does MJG stand for ? Is it MJ GROWER ? does it have anything to do with MJ sector . Thanks
That sound money to anything with first to letter MJ am i big big buyer once we get confirmation I been buy this for a little while nothing like I would buy knowing the whole really story I saw this I pick it to keep eye on it left bid in for long time I got some stock as .001 also some all the way up .007 if this turn out to be be first a new company I can we do well long at the chart from the last run if it end up been a MJ deal we talk about grand slamm u can keep this up till .02 this would be super cheap if the float doesn't increase by a really large amount!!!! I got a couple other people also who post MJG see what they meant by it ... GO GO RAMO
Yes I know that but couple people also say MJG what does mean or stand for ? anyone know ? GO GO RAMO
I thought that what people our say on this board when they say MJG or does mean something else ? GO GO RAMO
If i could I would be buying up allot more then I have been that for sure just move up my bids look to add soon!!!!GO GO RAMO
Wow look like we some buy in the stock let hope this really !!!!!!!!! GO GO RAMO
Yes I wish I know if this a really something happen or someone playing games with a new float stock if I know there something going to be coming out I would take out those .005 all to way to .01 no problem look at the chart this thing can fly with easy with a little bit of news!!!! GO GO RAMO
We need some MJ from MJG!!!!!! go go RAMO
for sure I been try to buy more been getting hard to supper super cheap stock I still think any under a penny is a give away IMO !!!! GO GO RAMO
wow everyday it look like we making new high all we need is some news to get thing going here !!! GO GO FRTD
hello sport what our u hearing if anything about RAMO ?It look like u been follow this sport for allot longer then I have been!! GO GO RAMO
wow looking good am going to add more for sure we could get a blast of here if we get some news!!!! GO GO RAMO
what is OLDW ? it look like we getting action in the stock !!! GO GO RAMO
Yes allot of these company do have many life sometime!!!GO GO RAMO
IMO the big money has already been made in this deal I don't that much upside left in this that why I got out %95 of my made a killing save that last share just in case of a miracle this goes high then .03 .. Good lucky
some got lucky to get got some share at .001 I didn't get a fill did anyone here get any of that ? go go ramo
great !!! let hope something good happen this year!!! GO GO RAMO
so that mean they have not pay their yearly fee and update their officer list . I guess that would have to be done before they active the company again the bids our lower tonight but some bought some amount of stock at the highs I keep fishing here hope for the best but ready to lose it all .. I got some big buy order on the bid for anyone out here u chance I take the risk from here. Litar thanks for the update our buy any around here or u already owned?
Who been in this stock the longest or traded or has been watch it for a while? just what to our these active normal ? GO GO RAMO
no I been try to cheapy stock I got bid in .0007 to .0015 today I move up my bid a bit try to get all I can down here something look like it's going on or someone is playing around with this to run it up and dump on us... GO GO RAMO
I hope they get into anything that will be more then they show by the look of it in the last 4 years u never know they might of be working in the back grounds!!! GO GO RAMO
How long u been in this stock for ? I saw the chart it had nice running 3 year back it's pretty cheap if the float is right not that many share but who know I would be bet my house in it my top gainer pick this up a little while ago I like the spread so i take gamble !!!! GO GO RAMO
Like i been saying selling when everyone is buying but when there selling I wont be tounch dog again unless it get that to the sub penny a again in MONTH OR SO BUT THEN THEY REVERSE SINCE THEN THERE PUMP BUT THIS STOCK WAS VERY GOOD TO MY !!!
thing look like their heat up here!!go go RAMO
see i bought lucky into this stock .Have u been in this deal a longtime look at teh chart this thing flow to almost .07 3 or 4 year ago is that when they were doing the AC company. There has not been any update out for something but it look like it could fly if we get some news!!! this stock had some big move last time they were releasing news the low is low also !!! Am try to buy all i can get down here for gamble trade that they will start releasing new again if they put a new company in. Has this stock be trading with vul for a while now? go go RAMO
that what am talk about let bring back the MO MO!!! GO GO FRTD
Let hope i bring some lucky to the board!!! GO GO RAMO