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i guess kpn really believes in the product
Another Strange Twist
Ronn Motor Company (PINKSHEETS: RNNM) announces an opportunity to form Reseller Agreements with KPN Advisors, LLC.
Ronn Motor Company and KPN Advisors have agreed to enter into good faith negotiations regarding the elements and terms for granting KPN Reseller Agreements for RMC's H2GO products and systems solutions in the state of Louisiana, as well as potentially throughout the United States. Under these Reseller Agreements KPN will have the opportunity to serve as a sales channel of RMC's H2GO products and system solutions.
"We are excited about the opportunity to form an agreement with KPN to serve as the Reseller of RMC's H2GO products and systems solutions for the state of Louisiana, and potentially the US. KPN has a strong presence in the state of Louisiana and is very knowledgeable of RMC's H2GO products and systems," said Ronn Maxwell, CEO and Chairman of Ronn Motor Company.
strange.. i don't really understand the move, i didn't think KPN was doing that bad of a job
What are your thoughts?
If I remember correctly KPN's pay was 25,000.00 per month and they had restricted stock of 18 mil. shares. Was this a move to save money or did KPN do it's job? To me the funding was their main priority and hopefully that issue was resolved and their services in that dept. was no longer needed. Also in the qtyl's they showed deferred income of 51,000.00. What does that mean? Is that sales that were deferred to next quarter or what?
Kind of Strange Press Release.
MARBLE FALLS, TX--(Marketwire -11/16/11)- Ronn Motor Company (Pinksheets: RNNM.PK - News) announces management change.
Ronn Motor Company and KPN Advisors, LLC have agreed to conclude KPN's engagement, as business advisor and Chief Executive Officer. KPN will remain available to assist RMC with the commercialization of its H2GO products and services. Under KPN's leadership the Company has been redirected and is now positioned for growth.
Ronn Motor Company (Pinksheets: RNNM.PK - News) is an automotive design, development and manufacturing company specializing in the creation and delivery of innovative green products and related automotive technologies through green systems and green automobiles, located in Marble Falls, TX. For more information about Ronn Motor Company, please visit our Web site at www.ronnmotors.com
This release contains forward-looking statements that reflect Ronn Motor Company's (the "Company") plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
Looks as if they are rolling all the pertinent info. over to the 4th quarter. I guess we'll float in limbo until a major announcement.
ok thanks, things should move forward once they come upon an agreement
Haven't heard anything, not in local newspapers yet.
hear anything about the edc agreement jim?
what you think about it Jim?
Third Quarter Results Posted
http://www.otcmarkets.com/stock/RNNM/financials
[2] more RNNM DD posts to user Boards:
Momentum Runners.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68917303
and
$TSUNAMI WAVE.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68918718
MARKetTime. I'd like to call that a 'divergence' on the chart. But it is PennyLand.
i know, usually 200k
never seen him with a million though.
it was at the ask, and yes auto has been on my mind ever since 4 cents
was that a sell or buy. .... I saw the ask at .11 have almost a million to offer.... sosmething to keep in mind.
crazy volume, looks like someone just loaded 500k shares
seems like we are trading sideways right now. I think a catalyst is going to be needed in order to churn pst .11-.15 region.
[2] more RNNM DD sheets to User Boards:
STOCK BADDIES.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68723476
and
Penny $tock Paradise.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68723612
website is under development, maybe some new changes coming, Ronn website redirects me to Joomla
http://www.joomla.org/
Joomla is the world’ s most popular open source CMS (content management system). With 2.7 percent of the Web running on Joomla, the software is used by individuals, small & medium-sized businesses, and large organizations worldwide to easily create & build a variety of websites & web-enabled applications.
great news, thanks jim
Daily Tribune Article
No info. here.
In other business, the board directed EDC attorney Monte Akers and Executive Director Christian Fletcher to respond to the most recent performance agreement proposal submitted by Ronn Motor Co.
Board members declined to reveal details. They discussed the issue during a closed-door session.
Basically, the performance agreement is an outline of and objectives for job growth at Ronn Motors.
During previous negotiations, the auto company indicated they would create 100 jobs for local workers. Recently, EDC officials said the company reduced the number to 16.
Ronn Motors plans to assemble a fleet of cars fueled by hydrogen at 1707 Colt Circle, where the environment-conscious car manufacturer rents a 66,000 square-foot building owned by EDC.
http://www.dailytrib.com/news/marble-falls-news/11861-drought-could-cost-marble-falls-up-to-400000-hendricks-warns-edc-
In other business related to the company, the board directed Fletcher to review and approve proposals to ensure the Colt Circle building complies with the Americans with Disabilities Act.
A recent inspection indicated four areas at the building fail to comply with ADA standards. The cost probably won't exceed $8,000, officials said.
Recaps from the article are.
As of Nov. 1st have 20 employees, they are assemblying and installing H2GO systems.
Start production of Scorpion Summer 2012.
Car is supposed to go to Los Angeles, France, and China for opening debut of " LOOPER" in Sept. 2012
can't seem to get the article to load, does it say how many jobs jim?
Highlander Newspaper
Ronn Motor says it plans to create jobs
November 01, 2011, 12:01 am by Katie White
0
The Ronn Motor Company is making plans to create more jobs in Marble Falls to satisfy a performance agreement between the company and the Marble Falls Economic Development Corporation, RMC CEO Ron Maxwell said in a recent interview.
Maxwell said his plans to boost job creation in the upcoming year include cornering the market on a unique system designed to reduce emissions and production of a car featured in "Looper,” a film starring Bruce Willis scheduled for release in September 2012.
For more, see Tuesday’s Highlander
Highlander Newspaper
Ronn Motor says it plans to create jobs
November 01, 2011, 12:01 am by Katie White
0
The Ronn Motor Company is making plans to create more jobs in Marble Falls to satisfy a performance agreement between the company and the Marble Falls Economic Development Corporation, RMC CEO Ron Maxwell said in a recent interview.
Maxwell said his plans to boost job creation in the upcoming year include cornering the market on a unique system designed to reduce emissions and production of a car featured in "Looper,” a film starring Bruce Willis scheduled for release in September 2012.
For more, see Tuesday’s Highlander
Sorry if it's outdated. I'll remove it and await current news.
Wait a minute.....someone actually made contact with the company?! Maybe things really are turning around.
thanks for the update. Lets see what they have to say.
In regards to the EDC post:
This was old and outdated news according the new IR company for Ronn Motors, whom I spoke with yesterday. This article was a misunderstanding and RNNM has new updated information pertaining to this news to be released in the next day or so.
Nathan Reese
Just a bit of consolidation before the next run takes us to higher levels. RNNM has huge potential, imo.
seems like the stock is finally taking a deep breathe.
its sunday......
Because the markets are closed.
Why is there such a gigantic gap betweeen and BID and ASK???
I sent an email to Ronn Motors inquiring about H2GO pricing and approximate availability date. I'll post back when I get a reply.
Yes...really nice comeback...this stock is a keeper. I wish i could have gotten some of those shares at $.06. No Cash...
Please don't cross promote stocks.
RNNM seems to be recovering nicely from the dip yesterday. Two steps forward, one step back. Slow and steady is the way!
FYI: Yesterday ALR Technologies (ALRT) was given FDA approval. Looks like another winner!
Its looking good so far...
Probably someone who bought at $.014. Still a 329% gain...
Yes...i wish i could have gotten some of those $.06 shares...
wish i had gotten some of those shares
Probably a stop loss. They probably don,t know? They used to do the same thing at Sirius about once a week.
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http://www.ronnmotors.com
Ronn Motor Company, Inc. is a design and manufacturing company focused on leading edge design, environmentally friendly, finely built premium automobiles, balancing stunning looks and performance with eco responsible alternative power systems. These systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics. These features coupled with RONN's core values of a strong sense of ethics, environmental sensitivity and premium quality for discriminating tastes and unsurpassed customer service will place us among the leaders of an automotive industry in transition toward fuel efficiency. Ronn Motor Company, Inc. plans to build finely detailed, hand crafted, superb handling, and extremely quick but eco-friendly premium automobiles. Our first automobile, The Scorpion, will be a limited production vehicle with yearly production slated to be between 100 and 500 automobiles. Future vehicles such as a premium plug-in-hybrid 4 door sedan will see production numbers between 500-1500 vehicles.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Mission Statement:
Ronn Motor Company is a design and manufacturing company focused on leading edge design, environmentally friendly, finely built premium automobiles, balancing stunning looks and performance with eco responsible alternative power systems. These systems include Hydrogen Fuel, Hydrogen Fuel on Demand, Fuel cells, and Plug in electrics. These features coupled with RONN's core values of a strong sense of ethics, environmental sensitivity and premium quality for discriminating tastes and unsurpassed customer service will place us among the leaders of an automotive industry in transition toward fuel efficiency, and lowering the automobiles impact on the environment.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The Partners
Ronn Motor Company would like to acknowledge its strategic partners for their dedication and commitment to the Scorpion project. These best in class companies have proven to be outstanding to work with and we encourage others to contact them if they can provide you with their products of services.
Hydro-Runner:
This company designs and builds the hydrogen generator that is being used on the Scorpion eco-exotic. www.hydrorunner.com
Goodson Acura:
The folks at Goodson have sold us all of the Acura parts we are using for our car. Their attention to detail and customer service is unparalleled and we encourage you to contact them for all your Acura needs. www.goodsonacura.com
Metalcrafters:
This company is an industry leader in body design, prototyping and fabrication. We are privileged to be associated with this company and recommend their products and services. www.metalcrafters.com
MOZ Wheels:
Wheels are a important part of the exotic car market and MOZ has done an amazing job custom building to our specs. www.mozwheels.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
RNNM — Ronn Motor Co.
Com ($0.001)(New)
Primary Venue: Pink Sheets
Estimated Market Cap
110,000,000 as of May 30, 2008
Outstanding Shares
200,000,000 as of Apr 25, 2008
Authorized Shares
700,000,000 as of Apr 25, 2008
Number of Share Holders of Record
209 as of Apr 25, 2008
Float
74,308 as of Apr 25, 2008
~~~~~~~~~~~~~~~~~~~~~~~~
Transfer Agent
Olde Monmouth Stock Transfer Co., Inc.
200 Memorial Pkwy
Atlantic Highlands, NJ 07716
Auditor/Accountant
Dan Bates, CPA
5410 Bee Cave Road
Austin, TX 78746
Legal Counsel
SettlePou
3333 Lee Parkway
8th floor
Dallas, TX 75219
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
UNVEILING: Coming June 3rd, 2008 at the Four Seasons Hotel in Austin, Texas
Please join us for this momentus occasion in Austin by sending us an email at adrian@ronnmotors.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
NEWS
Texas Automotive Company Becomes Publicly Traded Entity
Thursday May 29, 6:09 pm ET
Automotive Entrepreneur and Former Dell Executive Take Ronn Motor Company Public
http://biz.yahoo.com/bw/080529/20080529006358.html?.v=1
Central Texas Innovators Ronn Motor Company Building New Generation of Hydrogen Cars
Tuesday June 3, 2:00 pm ET
Company Taking Orders for One of America's First Premium Eco-Exotic Vehicles
http://biz.yahoo.com/bw/080603/20080603005549.html?.v=1
Ronn Motor Company Appoints Insignia Brand Partners for North American Public Relations Support
Monday August 18, 5:20 pm ET
http://biz.yahoo.com/prnews/080818/lam095.html?.v=101
Ronn Motor Company Eco-Exotic Scorpion(TM) Super Car Set to Break 200 MPH Barrier
Thursday August 21, 9:00 am ET
Scorpion(TM) Exceeds Expectations in High-Speed, Braking, Handling and Acceleration Testing
http://biz.yahoo.com/iw/080821/0427118.html
Ronn Motor Company's Eco-Exotic Hydrogen Sports Car Gearing Up for Federal Government Safety and Emissions Testing
Tuesday August 26, 9:45 am ET
Company Contracts With Leading Automotive Engineering Firm to Complete Certification
http://biz.yahoo.com/iw/080826/0428181.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
YOUTUBE VIDEO
Ronn Motors Scorpion Hydrogen Video
http://www.youtube.com/watch?v=0Y_gumpBuko
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information
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