Receivable Acquisition & Management Corporation (RAMC) was engaged in the business of acquiring and collecting portfolios of performing, sub-performing and non-performing consumer and commercial receivables. As of September 30, 2011, the Company was in the process of running off existing portfolios and three agencies in the United States and one in United Kingdom are collecting the remaining portfolios. As of September 30, 2011, the Company discontinued making new investments and was seeking to merge with or acquire another company seeking to go public via reverse merger. In April 2011, the Company entered into a letter of intent to merge with Airbak Technologies LLC. In June 2013, the Company acquired Cornerstone Program Advisors LLC and Sustainable Energy Industries Inc.