(Washington, DC) -- An announcement from Rep. Ron Paul indicates that the Republican presidential candidate will no longer actively campaign for the GOP nomination, but will continue to work to secure delegates at upcoming Republican state conventions.
"Moving forward, however, we will no longer spend
resources campaigning in primaries in states that have not yet voted,"
said Paul, in a statement released Monday afternoon. "Doing so with any
hope of success would take many tens of millions of dollars we simply do not
But the longtime congressman from
"Our campaign will continue to work in the state
convention process. We will continue to take leadership positions, win
delegates, and carry a strong message to the Republican National Convention
As of April 1, Paul's campaign had $1.8 million cash on hand.
With former Sen. Rick Santorum of
According to the most recent CNN estimate, Romney has secured 945 delegates, compared 286 for Santorum, 145 for Gingrich and 99 for Paul. One-thousand, one-hundred and forty-four delegates are needed to clinch the nomination.