RAMO divvy in new company also:
On March 13 th , 2011 (the "Closing Date"), Ramoil Management, Ltd. , acquired 3D Vision, Inc. which will be held as a wholly owned subsidiary, operating with full autonomy. 3D Vision will remain a wholly owned subsidiary through an initial bridge financing phase and until 3D Vision can begin to execute and realize its business plan and future revenues. Upon successful launch of the new 3D Vision camera into the market, 3D Vision will be rolled out or demerged as their own Public Company and Ramoil Management will retain 25% of the new Public Company 3D Vision. With this completed, all Ramoil Management shareholders will receive dividend shares in the new public entity 3D Vision, Inc.