RAMOIL MANAGEMENT, Ltd Announces Update Regarding Nevada License

LAS VEGAS, Nov. 6, 2014 /PRNewswire/ -- RAMOIL MANAGEMENT, Ltd (OTCPink: RAMO) announced that it has been contacted by "Player's Network, Inc." CEO, Mark Bradley and their Vice President and Attorney, Michael Pratter and informed that our application, submitted to the City of North Las Vegas, for a cultivation license and processing license, has been approved and sent on to the State of Nevada for finalizing.

Per our July 22^nd, 2014 press release, we subsequently joined forces with the Player's Network, Inc. and used the experience, resumes / CVs, technology and personnel, with and behind Ramoil Management, Ltd. and RAMO Bio-Med, Inc. as the cultivation and extraction expertise behind "Green Leaf Holdings, LLC," the soon to be licensed Nevada company.

With said new developments, Ramoil Management, Ltd. and RAMO Bio-Med, Inc. are beginning the process of finalizing our agreement with "Player's Network, Inc." regarding "Green Leaf Holdings, LLC."

Michael Goeree, Ramoil Management's Chairman, President and Chief Executive Officer, said:  "Our participation greatly assisted the validation of this license application and initial Nevada cultivation and processing license approval.  We look forward to final State level approvals in Nevada and moving forward together with Player's Network, Inc. and Green Leaf Holdings, LLC."

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.  Through its wholly owned subsidiary, RAMO Bio-Med, Inc., it is operating a "Supercritical CO2 Molecular Extraction" system and is planning to build production facilities and research labs, both domestically and internationally, focused on its own proprietary strain of high CBD – extremely low THC Extraction Facilities (Labs and Manufacturing), for the development, production and sales of CBD extractions, concentrates and medicines.

Forward Looking Statements:

This news release contains forward-looking statements made by RAMOIL MANAGEMENT, LTD. 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. at:  +1-702-381-1961
[email protected]

SOURCE Ramoil Management, Ltd.

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