Last updated on April 18, 2014 at 9:56 EDT

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2011-12-15 13:04:00

CLEARWATER, Fla., Dec. 15, 2011 /PRNewswire/ -- RAMOIL MANAGEMENT, Ltd. (OTC:RAMO) and TERLYN INDUSTRIES, INC. (TLI) announce the signing of a memorandum of understanding, outlining the purchase and sale of the CWT3 Program and related business to Ramoil Management, Ltd. Customers already use the CWT3 Program throughout the United States and thus with this purchase Ramoil will also be purchasing revenues starting immediately with the closing of this purchase contract. Michael J....