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supplemental confirming its not a shell co http://www.otcmarkets.com/financialReportViewer?symbol=LPHM&id=362113
The one thing that has impressed me so far is the governance of this company, code of ethics is in place everything up front which is a requirement for some fund managers..... see where this one is going?
https://www.ronnmotorgroup.com/irr
It's the time factor, many cannot sit and wait they have the need to trade to make money.
I was the same way, if it was not producing sell it, until I realized one day the stock I bought for .07 two years ago is now trading at $1.50.
That changed my trading patterns, spend the time to research properly and hold for a longer term, the tax liability drops from 35% to 10% and good people with a good product are worth the effort to support.
RONN Motor Group Announced the Merger and Takeover of LPHM is Nearly Completed
Phoenix, AZ -- March 15, 2023 -- InvestorsHub NewsWire -- Lee Pharmaceuticals (OTC: LPHM) announced on February 16, 2023, that RONN Motor Group would go public through a reverse triangular merger with Lee Pharmaceuticals.
Today, RONN Motor Group announced all significant filings have been completed, including the u-1 filing, which can be viewed at,
https://www.sec.gov/Archives/edgar/data/58411/000139390523000118/lphm_1u.htm
RONN Motor Group is a multi-National hydrogen solution company that innovates mobility, stationary, and marine applications.
RONN Motor Group created one of the first hydrogen-assisted supercars in 2008 and has been active in the automotive space for many years. After seeing the need for clean energy globally, in many applications besides automotive, RONN Motor Group is changing the Company's name to highlight a broader vision of the future and its 15-year focus on the hydrogen economy.
RONN Motor Group will be submitting the application for a corporate name change to "RONN" along with a ticker change, but their iconic logo will remain.
"We believe hydrogen solutions can make a significantdifference in a cleaner future beyond just mobility," Ronn Ford, CEO & Founder of RONN.
Additionally, Mr. Ford stated the Company's form 10 submission had begun; noted RONN plans to complete their S-1in 2023, which was delayed in 2022 due to market conditions.The S-1 will be completed with updated financials to focus an up list when market conditions improve.
“After many years of following RONN, I am excited to participate in the new season of growth with the company entering into their revenue stage,” John Morgan, former CEO of LPHM and member of the RONN executive team. John added that he would be on the transition team to move from the OTC to OTCQB and onto NASDAQ.
For more information click link: Website or contact Sheila R.Stewart at 480.414.9922(c) or SStewart@RonnMotorGroup.com
DISCLOSURE: This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including without limitation, the ability of RONN Motor Group to accomplish its stated plan of business. RONN Motor Group believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and their forward-looking statements included in this press release will prove to be accurate. Considering the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by RONN Motor Group or any other person.
SOURCE RONN Motor Group
Should have more updates for everyone in the coming days. $LPHM
— Ronn Motor Group (Formerly $LPHM) (@leepharma) March 14, 2023
In conjunction with the acquisition of RMG, the Company has appointed the following officers effective as of February 15, 2023:
Ronn Ford (70), Chief Executive Officer, Principal Financial Officer, Chairman of the Board of Directors: Mr. Ford is the founder and Chief Executive Officer of RMG and has served in such capacity since January 1, 2013. Since its inception, Mr. Ford has served as Chairman of the Board of the RMG. In 1994, Mr. Ford founded Aire Solutions, Inc. to manufacture, market, and distribute Procooler, an innovative air conditioning device with a wide range of applications, and served as its President and Chief Executive Officer until 2004. From January 2007 until December 2007, Mr. Ford served as a consultant and engineering director of a Zonda Buses manufacturing facility in China, which was developed through a joint venture of Zonda Buses and Zonda Industrial Group, the third-largest bus manufacturer in China at that time. We believe Mr. Ford is qualified to serve as a member of our Board because of his more than 50 years of experience working in the automotive field and more than 25 years of experience with luxury automobiles.
Darla Robinson (40), Treasurer, Secretary: Darla Robinson graduated from California State University Sacramento with a bachelor’s degree in journalism with a minor in Child Development in 2001. Throughout college, Darla worked as an Educational Dean for young children, where she managed curriculum development, classroom management, and performance learning and mentored the teaching throughout her district. Darla later became an executive at Tri-Point Properties. Her responsibilities included managing high-profile projects and acquiring and liquidating several real estate investment properties. Her many projects included land development, rehab flips, additions, and new construction.
Jerry Lavine (52), President, Chief Operating Officer: Jerry Lavine has had a nearly three-decade career in the automotive industry. Jerry began his career at Ford Company, where he spent more than 15 years progressing through product development management ranks. His most recent role at Ford was Chief Engineer for Full-Size Cars, North American Car, and Truck Programs. He led Lean Engineering and Manufacturing activities focused on reducing waste, improving utilization rates, and raising quality performance in this position. Before this role, he was Chief Engineer, Design Engineering–North American Car & Truck Programs.
Mr. Lavine was the Chief Technology Officer for Bordrin New Energy Vehicle Corporation with responsibilities in the United States and China. In addition, his experience includes being the Vice President of Advanced Product Development for Magna, where Jerry was responsible for the development of new technologies and mobility programs, Executive Vice President and Chief Program Officer for DURA Automotive Systems, where he was responsible for global program execution to ensure cost, quality, and timing requirements across the enterprise.
Before this role, he was Vice President of Global Key Account Management for Henkel Corporation, where he led account strategies, collaborating with corporate groups for product planning, innovation, and business planning. Jerry also was Vice President of Engineering at Next Autoworks, a startup backed by Kleiner Perkins Caufield & Byers, Google Ventures, T. Boone Pickens, and others. He led the vehicle development processes and championed engineering disciplines to reduce costs and accelerate timing in this position.
C.G. Ryche (53), Chief Branding and Media Officer: C.G. Ryche served as the Creative Director of RMG from September 2016 until October 2018, at which time he became Chief Marketing Officer of RMG. In addition, since March 2006, he has served as a 23-time award-winning film director, writer, producer, and composer at C.G. Ryche Films, and an international Recording Artist, Keynote Speaker, and a world-renown Multi-Percussionist at Icon Elite Management. From June 2014 until July 2015, Mr. Ryche served as Director/Writer/Executive Producer/Editor/Postproduction Supervisor of Truality TV, and from February 2014 until October 2014, he served as Creative Director/Director/Music Supervisor/Head of Postproduction at Positive side Productions. Mr. Ryche has also helmed many 7-figure projects for television and companies, including The Walt Disney Co., The NFL, PBS, Hollywood Pictures, Time Warner, and Benise.
Sheila Stewart (54), Executive Vice President and Chief Corporate Strategist: Sheila Stewart began her career as a corporate market feasibility analyst. Pursuing her passion and marketing skills, she was recruited by a national advertising agency where she built a new division. She went on to launch her own full-service advertising agency and built an award-winning global team of over 140 successfully creating B2B and B2C campaigns for product launches worldwide. Understanding the financial importance of tracking marketing ROI, she developed and implemented proprietary metric tools for her clients. She sold the firm and went on to publish a series of 24-books creating a marketing system for businesses. She spent 5 years on a business speaking tour, published two subsequent Amazon Best-Selling books and has appeared on ABC, NBC, Fox, nationally syndicated radio shows and in various print publications.
She formed Sonic Seven Communications, Inc., a global firm focused on creating corporate communication strategies, implementation plans and sales & marketing campaigns. She has worked with major TV networks, prominent entertainment figures, and Fortune 500 companies to launch products and expand companies globally including Maybach, Mercedes, Porsche Taycan, NBC, Discovery Channel and more.
Sheila leveraged her vast years of experience in hiring and managing outsourced talent and formed Sonic Seven Tech, a company providing contract and permanent placed resources specializing in the IT sector including experts in technologies such as Solr and Elastic, SQL, C#, Azure, ETL, Power BI, Database Architecture and more. She serves as CEO for both companies and continues to grow both organizations organically through relationships
And referrals. Sheila earned her BS degree in Business Administration from the University of Denver and holds a MS in Marketing from the University of Colorado at Denver.
Just to reiterate after a couple emails. Yes, we do intend on filing an s1 and applying to uplist to Nasdaq. This process won’t happen over night. We do plan to file for the name change as well as ticker change to $RONN as soon as feasible. $LPHM
— Ronn Motor Group (Formerly $LPHM) (@leepharma) March 8, 2023
All $LPHM shareholders/investors/traders/potential shareholders please follow @RONNMotorGroup. This twitter profile will still post updates but, you should be following the RMG handle for updates as well as here.
— Ronn Motor Group (Formerly $LPHM) (@leepharma) March 8, 2023
yep not a lot to audit
Ladies and Gentlemen, At the current level this really is a gift, There are not many stocks out there that just need a paper shuffle then they will be elegible for a money raise at ... lets see what was the price of the Private Placement going to fund managers?? I think it was $3.00 per share
John continued, "LPHM has an approved Tier 2, Reg A offering in place; we have intentions to file an amendment with the SEC to modify the offering and adjust the price to $3 to reflect a higher share value."
... currently my position is 140,000 shares, maybe I should round up to 200,000 but it may just turn me into a fat cat.
RONN Motor Group is headquartered in Scottsdale, AZ, with an Engineering and Innovation Center scheduled to open in Detroit in late 2023. For additional information go to www.RonnMotorGroup.com or contact Sheila R. Stewart at 480.414.9922 (direct) or SStewart@RonnMotorGroup.com.
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