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Post# of 98042
Ramoil Management, Ltd. Announces Signing a LOI With Players Network, Inc., Regarding RAMO Bio-Med, Inc.
Jul 22, 2014 (eTeligis.com via COMTEX) -- LAS VEGAS, NV, United States, via eTeligis Inc., 07/22/2014 - - 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.