LAS VEGAS, Dec. 18 /PRNewswire/ -- Ramoil Management, Ltd.
(OTC Pink Sheets: RAMO) announced today that the CEO, Gary Walters, and the President, Richard Ross, plan for and see value-added in the formation of JUMP Automotive Experts, Inc. (JUMP) and Ramoil Pumps Enterprises, Inc. (ROPE). "ROPE" is anticipated to be another subsidiary spin-off target candidate whose function will be to provide sales and service production contracts to the (major) oil industry utilizing Ramoil's Bladeless Down Hole Oil Pump.
"We conducted a test yesterday, and the results caused us to move
towards a production stage Bladeless Down Hole Oil Pump," stated Gary Walters.
As tests concurred, "The greater the viscosity, the better it performed.
Today is a most memorable day in this cutting-edge technology and did not cost
RAMO shareholders a dime," said CEO Gary Walters.
President, Richard Ross, stated, "We will try to strengthen the dividends
that we are attempting to issue by year end. I believe there is substantial
value and potential to what we are adding. I personally found the pump to be
both quiet and efficient at Saturday's in-person demonstration, for the
record. Additionally, there is presently a fairly generous offer on the table
that I am aware of which could have a positive impact if accepted. I should
state, however, that it is our CEO, Gary Walters, who has quietly been
responsible for the development of the pump along with his alliance partners
who has the control of that decision."
"If it flows, we can pump it," reported Bob Graffin, a mechanical engineer
working on the project. He went on to comment that, "By increasing the motor
to 20,000 RPMs and changing the 90 degree exit port to a tangential position
outside the pump, the PSI goes up dramatically allowing for the viscosity,
pressure and volume to reach a balanced medium by which the boundary layer
drag is a thin, sheer layer of air which travels across the disc surface at
extremely high RPM, thus making this a very valuable and much sought after
technological development."
Picture: RAMOIL'S BLADELESS DOWN HOLE OIL PUMP PROTOTYPE
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