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I usually do a deep dive before purchasing. Ronn looked great until he showed his incompetence with Rana Group that was going to rocket him to the moon. After that the rest of the pieces fell together showing he doesn't know what he's doing.
Why don't you hear anything about Tobique Nations anymore when it was basically done deal ... in October? HM?
It's cause it's dead.
This recent press release, do you know what he included in that press because he legally has to?
"MOU" This is a memorandum of Understanding purchase. "Under the terms of this MOU purchase order, the parties will focus on the following key areas, stated Mr. Lloyd, President of our new Joint Venture"
This CLAUSE allows the purchase to back out of the order at any time.
"Mr. Ford, the company CEO, stated this collaboration would also benefit from a 300 million dollar capital guarantee for the purchases of Capex infrastructure provided by The Scottish Enterprise International (SEI), which includes capital expenditure funding, detailed business plan preparation, introductions to potential investors, and supply chain knowledge."
This segment that ya'll are oggling and twirling around in circles about is completely negated by, once again
"Under the terms of this MOU purchase order, the parties will focus on the following key areas, stated Mr. Lloyd, President of our new Joint Venture"
This is not an official purchase, it's "the idea" of a purchase. There is no money, there is no deposit, there is no signed guarantee. There is also no product, nor a facility to build the product or anything else.
This is how Ford operates. You should absolutely expect more dilution soon.
You make your case very well. I’ll give credit where credit is due. Do you know this much about all the pink stocks or have you had a personal experience with Ronn?
A "recent" pink shit with an auditor and accountant basically guilty of fraud with a massive lawsuit + ban from the U.S, 2 billion in dilution, poorly written newsletters and a botched deal with Tobique Nations and Rana Group with a staff of 2 and one of them had a name change and has been unemployed his entire life, and the other has a consistent track record working with a shady broker that issues toxic loans and uses him for every ticker and they consistently die every time.
What’s the retrace or dead cat bounce gonna bring it back to? Up or down whatcha think……. Chart is screaming for bottom grabbers, and again if dilution is non ending for a year….. it’s to the company. I guess
Sometimes when news arrives the result is more questions than would be anticipated and then in failing to meet expectations a sense of puzzlement ensues.
“Methinks thou doth protest too much.” Try not to get too bent out of shape by what I am saying but your enthusiasm for Ronn greatly influenced an early mentor of mine whose excitement about Ronn was contagious. I’m not blaming anyone for my lack of experience in OTC stocks but your recent comments about Ronn seem disingenuous at best. Right now, it’s probably better if you stay on the sidelines, Just saying…
While I’m not as cynical as you, I have to compliment you on your entertaining post! I actually did laugh out loud:) I think you’re a good writer and I look forward to reading your posts in the future. Maybe Ronn will hire you to write his press releases or at least to check the spelling:)
Anyone who is being taken in (again), by these fabricated press releases should read the PR more closely. Just a few points: 1. This is a "MOU purchase order." There is no such thing in the real world. This is worse than a marriage proposal and no ring. 2. It's to be funded by "Scottland Enterprise International". There's no such entity and the country name is Scotland. 3. "Due diligence is hopefully expected to be completed soon". These are known in business as weasel words. 4. Ford says the funding will come from Scottish Enterprise International. This is a real organization but it's purpose is not to fund projects in South Korea. 5. Do any of the stock holders know how to contact "Mr. Lloyd"? He's heading up this joint venture.
Calling this ugly does a disservice to anything real that is ugly.
All this volume and the price doesn't move. This is turning into a classic share selling operation. When any news drops so does the price, there is a clear pattern here. Chad Curtis and his crew are selling their unlimited amount of convertible shares from defaulted loans to RONN. This should be excellent news but not for the stock price. There are too many free shares to go around.
Are Ronn Insiders committing Securities Exchange violations??
All this volume and the price doesn't move. This is turning into a classic share selling operation. When any news drops so does the price, there is a clear pattern here. Chad Curtis and his crew are selling their unlimited amount of convertible shares from defaulted loans to RONN. This should be excellent news but not for the stock price. There are too many free shares to go around.
NEWS: OTC:RONN ...SCOTTSDALE, AZ / ACCESSWIRE / December 9, 2024 / RONN Inc. (OTC:RONN) announced that they have received an MOU purchase order for 60 of our patented up to 600 MWH electrolyzers and 60 of our patented low-pressure storage units with their new JV partner, HES, and expected financing guarantees for Capex provided by Scottland Enterprise International.
The two groups came together to collaborate on the development, manufacturing, and deployment of electrolyzers with a total production capacity of up to 600 MWh each for hydrogen production. This partnership aims to leverage the parties' expertise and resources to advance hydrogen technology and contribute to sustainable energy solutions. Due diligence is hopefully expected to be completed soon.
Mr. Ford, the company CEO, stated this collaboration would also benefit from a 300 million dollar capital guarantee for the purchases of Capex infrastructure provided by The Scottish Enterprise International (SEI), which includes capital expenditure funding, detailed business plan preparation, introductions to potential investors, and supply chain knowledge.
Under the terms of this MOU purchase order, the parties will focus on the following key areas, stated Mr. Lloyd, President of our new Joint Venture.
1. **Development and Production of Electrolysers**: HES/RONN will lead the design and manufacturing of electrolyzers, ensuring they meet the intended capacity targets.
2. **Engineering and Technical Support**: HES/RONN will provide the necessary technical expertise, resources, and support to facilitate efficient production.
This partnership reflects a significant step forward in hydrogen energy technology, aiming to enhance sustainable energy production and contribute to a greener future for the Republic of Korea.
Forward-Looking Statements This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause or contribute to such differences include, but are not limited to, the success of RONN, Inc. initiatives in the hydrogen tax credit market. RONN, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact Information
John Morgan IR jmorgan@ronnmotorgroup.com
SOURCE: Ronn inc
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Please share with us how you heard about Ronn. Are you loading up for a quick trade? Do you have confidence in the company? Your enthusiasm is encouraging but it would be helpful to know what it’s based on or you might get labeled a pumper. We are listening:)
What exactly does the Ceo of this company and Insiders do all day while generating Zero Revenue? Thanks.
Nice buys coming in, including a 10mil one right now at 0005(ask)...looks like 0005s should finally fall, which should set up a nice run here. Letssss seeee :)
Please share with us how you heard about Ronn. Are you loading up for a quick trade? Do you have confidence in the company? Your enthusiasm is encouraging but it would be helpful to know what it’s based on or you might get labeled a pumper. We are listening:)
That's very true you never know..hard keeping positive when what I do knowow is just let down after let down. Promise after promise..and then nothing. I can't sell at this point so we shall see.
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