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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 mdT31D8ZGf1zm3AhTXqTCw==

<SEC-DOCUMENT>0001144204-04-015424.txt : 20040930
<SEC-HEADER>0001144204-04-015424.hdr.sgml : 20040930
<ACCEPTANCE-DATETIME>20040930114545
ACCESSION NUMBER:		0001144204-04-015424
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040616
FILED AS OF DATE:		20040930
DATE AS OF CHANGE:		20040930

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FIGLIOLINI JOHN P
		CENTRAL INDEX KEY:			0001026197

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09370
		FILM NUMBER:		041054518

	BUSINESS ADDRESS:	
		STREET 1:		280 ROUTE 35 SOUTH
		STREET 2:		SUITE 220
		CITY:			RED BANK
		STATE:			NJ
		ZIP:			07701

	MAIL ADDRESS:	
		STREET 1:		201E. 80TH STREET
		STREET 2:		APARTMENT 10F
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10021

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RECEIVABLE ACQUISITION & MANAGEMENT CORP
		CENTRAL INDEX KEY:			0000733337
		STANDARD INDUSTRIAL CLASSIFICATION:	SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153]
		IRS NUMBER:				133186327
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		140 BROADWAY
		STREET 2:		46TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
		BUSINESS PHONE:		2128587590

	MAIL ADDRESS:	
		STREET 1:		140 BROADWAY
		STREET 2:		46TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FEMINIQUE CORP
		DATE OF NAME CHANGE:	19990730

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BIOPHARMACEUTICS INC//
		DATE OF NAME CHANGE:	19990730

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTEGRATED GENERICS INC /NV/
		DATE OF NAME CHANGE:	19880824
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v07183_june2004ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-06-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000733337</issuerCik>
        <issuerName>RECEIVABLE ACQUISITION &amp; MANAGEMENT CORP</issuerName>
        <issuerTradingSymbol>RCVA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001026197</rptOwnerCik>
            <rptOwnerName>FIGLIOLINI JOHN P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>59 HUCKLEBERRY WOODS</rptOwnerStreet1>
            <rptOwnerStreet2>PO BOX 392</rptOwnerStreet2>
            <rptOwnerCity>WAINSCOTT</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>11975</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-06-16</value>
            </transactionDate>
            <deemedExecutionDate>
                <footnoteId id="F1"/>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>40000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.45</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2181243</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Gives effect to one for fifteen reverse stock split authorized by shareholders at annual meeting of April 20, 2004.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John Figliolini</signatureName>
        <signatureDate>2004-09-30</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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