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Re: jmvala post# 10715

Tuesday, 06/07/2011 11:52:00 AM

Tuesday, June 07, 2011 11:52:00 AM

Post# of 222862
RAMO - again all they still have at this point is a Memorandum of Understanding with Groupe Concorde Development. Assuming all the operations being linked to Concorde are even legitimate and true then they mean nothing for RAMO without a formal agreement and finalized contract with Groupe Concorde Development.

You are making the classic mistake of using company press releases and the company website as your source of information. Press releases contain nothing but forward looking statements surrounded by lots of unverifiable or missing details. That is all the company website basically is too.

I had to laugh at this part when I read it from the CEO letter posted on the website:

Finally, please expect that RAMO will soon be filling a new 15c2-11 statement while we are working on our accounting/audits in efforts of achieving fully reporting status by the end of this fiscal year, December 31st, 2011.


I doubt that even the dirtiest of MM's would touch this dirty RAMO shell. I give RAMO being sponsored and becoming a fully reporting company about a zero percent chance of happening.


You are playing with fire with RAMO in my opinion.




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