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Thanks for the update jim
ThinOps has more info available on website now
http://www.thinopscapital.com/about.html
RNNM featured on HOSS TRACKZ:
http://investorshub.advfn.com/boards/board.aspx?board_id=23067
Sure wish I could get rid of this déjà vu feeling.
Come on Ronn sell something!
probably because the edc and ronn motors were still working out an agreement
That video shows that there has been little if any progress at the first location.
Highlander Article
Ronn Motor Company moving to Houston; EDC says split 'amicable'
December 22, 2011, 9:00 pm by Miles Smith
0
Officials with Ronn Motor Company said Thursday they were moving operations to Houston within the next 30 to 60 days to provide the company with better access to international business.
The eco-friendly automobile parts company currently has its headquarters in a building it leases from the Marble Falls Economic Development Corporation off Colt Circle in Marble Falls.
"It’s been in the works for a little while,” said EDC Executive Director Christian Fletcher.
The lease is subsidized based on Ronn Motor’s commitment to creating new jobs in the area.
Fletcher said the split between RMC and the EDC was amicable on all sides.
Newspaper Article
MARBLE FALLS — Ron Motor Co. has announced it is leaving Marble Falls in 30-60 days for Houston, signaling the end of a stop-and-go relationship between the would-be eco-friendly car manufacturer and the city.
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PHOTO 1: Ronn Motor Co. plans to leave the Colt Circle building in Marble Falls owned by the Economic Development Corp. in 30-60 days. Staff photo by Raymond V. Whelan
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During the last four years or so, in which the company first located in Cottonwood Shores, left for Austin, reappeared in the Highland Lakes and then moved to Marble Falls to lease a publicly financed building, dealings between City Hall and Ronn Motor Co. were fraught with questions, contracts and controversy.
But any bad blood is now a thing of the past, officials said Dec. 22 after the online business news service MarketWatch.com released a report about the motor company's move in 30-60 days to Houston, the fourth largest U.S. city.
"They are leaving Marble Falls on good terms," said Christian Fletcher, executive director of the Economic Development Corp. "It makes sense for them to move to Houston, where they will be close to international ship channels and airports."
Earlier this year, the company signed a three-year lease with EDC for 66,000 square feet in a former candle factory at 1707 Colt Circle. The company moved from Cottonwood Shores into the building in March.
There is no violation of the lease, Fletcher said.
The EDC board and the company recently attempted to hammer out a new performance agreement — a basic outline of goals and objectives for job growth.
Originally, Ronn Motors estimated it could hire 100 workers at the Colt Circle building. However, their estimate has since dwindled to 16.
As negotiations continued earlier this month, Ronn Motors hired the Houston-based firm ThinOps Capital LLC as its business adviser.
"We believe the move to the Houston area best enables us to capitalize on the opportunity to produce a superior quality product for delivery to a national, and eventually, an international client base," Ronn CEO David McGee told MarketWatch.
The company plans to produce and market hydrogen fuel cells to power cars.
With an eye toward boosting local vocational training, EDC officials bought and rehabilitated the Colt Circle building about two years ago, the same time Ronn Motors eyeballed it for expansion, Fletcher recalled.
The cost to EDC to purchase and fix up the building is about $3 million, he added.
Before Ronn Motors moved into the building last spring — after weeks of delay caused by tax problems and other financial difficulties — the company contributed $250,000 to help pay for new construction.
The firm still owes a balance of $70,000 on their lease with EDC, Fletcher said.
"They will pay it," he added.
The building will continue to be "an incubator" for business and jobs, officials said.
Ronn Motor Company (PINKSHEETS: RNNM) announces relocation to Houston, TX.
Ronn Motor Company announced today that it is moving its operations to Houston, TX within the next 30-60 days. The company will move its production and delivery capability to an area that has an enhanced distribution and logistical environment.
"As we begin in earnest the commercialization of our H2GO technology, it quickly became apparent the importance of access to proximate logistical support," said David McGee, CEO of Ronn Motor Company. "We believe the move to the Houston area best enables us to capitalize on the opportunity to produce a superior quality product for delivery to a national, and eventually, an international client base."
"The EDC appreciates the more focused direction of Ronn Motors and wishes them continued success as they move to a new production facility in Houston," said Christian Fletcher, Executive Director of Marble Falls Economic Development Corporation. "We were happy to provide incubational support, but we understand that the future success of Ronn Motor Company will require greater access to diverse logistical and distribution capabilities. We support their transition while we continue our commitment to creating an attractive, flexible business environment to support the economic development of Marble Falls."
Ronn Motor Company (PINKSHEETS: RNNM), is a technology-driven design, development and manufacturing company specializing in the creation and delivery of innovative green products and related technologies through green systems and green oriented engines for both transportation and fixed platforms, located in Houston, 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.
moving to houston.
back to limited info tier on otcmarket...not a great start for the new management
That video was originally broadcast in april of 2010, I found it amusing but neglected to record it. How it got out with the polish voiceover is beyond me. A similar, shorter version is also on youtube from the speed channel.
Thanks Jim, That sounds like great news. good luck to all.
RKM Capitol Group
Talked to the man at IR firm and he said what we all suspected that Kim at KPN was hard to work with and the new firm seem to be way more qualified and he expects way more information to be made available to shareholders in the form of real news on sales, contracts, etc. He strongly believes in the companys products and said that the company will be going to buletin board or nasdac as soon as real news is reported and the share price goes over a dollar. No specifics though he did say news was pending but he couldn't elaborate until it became public information.
Seems Thomas M. Moreno owns all the ThinOps Companies such as Capital, Consulting, and Maritime.
Someone on yahoo said it was formally thinops maritime which leads me to believe they are probably the ones involved with the tugboats and want to become a major investor. Not verifiable, but the rumors are floating. This must have been in the works before letting KPN go. Would be nice to get a little info. on the deal.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_R/threadview?m=te&bn=66821&tid=2471&mid=2471&tof=1&frt=2#2471
Yes, when I saw the date that ThinOps Capital was Incorporated 08/2011, it reminded me of some of the other companies that RNNM had worked with in the past.
It’s hard to find information on these companies that he uses.
Like the trucking company RBX Management Corporation, Frigette Energy Systems, Insignia Brand Partners
Go to the RONN Motors WebSite and look at the tab called latest news. It goes back to May 2008. look up some of the companies in those articles even KPN.
http://www.ronnmotors.com/index.php?option=com_content&view=category&id=1:latest&layout=blog&Itemid=110&layout=default
I have held this stock for a long time and don’t plan on getting rid of it until it either makes money or goes bust.
I do like what KPN did for RNNM but there isn’t much information on why they are gone.
mind expanding on that?
Incorporated 08/2011??? I don't like this! Seems like deja vu all over again.
THINOPS CAPITAL LLC
5750 N Sam Houston Pkwy E Ste 809
Houston, TX 77032
Contact: THOMAS M MORENO
Phone: Not Available
Directory Heading
INVESTMENT AND HOLDING COMPANIES
Incorporated: 08/2011; Investment and Holding Companies, Investment companies, investment counselors and consultants, and investment holding companies.
trying to find some info about the new management
http://www.lookupbook.com/directory/investment-and-holding-companies/tx/houston/thinops-capital-llc
http://www.manta.com/g/mt7r8yx/thomas-m-moreno
can't find anything on David McGee of thinops
Replaced KPN with ThinOps Capital. Wonder what that's about?
Wow a mid day pr, that's something different
[2] more RNNM DD sheets to User Boards:
"A Dawgg"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69548407
and
Plano's Palace.
http://investorshub.advfn.com/Boards/read_msg.aspx?message_id=69548819
Total [14].
now its fully reporting, yesterday it was limited info, i guess because they left out the part filed yesterday
Me too, when I contacted them they said it was a server change.
Where did you see that? I show full reporting.
continued filings for 3Q on otc... i was wondering why they were back to limited info from fully reporting
http://www.otcmarkets.com/stock/RNNM/financials
Anyone figure out the volume issue. I saw the volume decrease throughout the day....... very very odd.
Graph still shows 800K trading at 10AM and another 100K at 10:30AM.
yeah i thought it was almost a mil in volume and now under 500k?
Who's playing games here?
Showed over 900,000 volume, then changed to 500,000 and now shows 400,000. Anybody have a clue what's new.
Can anyone tell if these are buys or sells this morning? Really high volume.
Yea it was, been watching this one for a while now.
Shorts covering?
Professional Traders Question?
Can you explain to me what the reasoning behind NITE in level 2 every morning lowering the ask from previous close. Every morning they come on with ask lower than the previous close and would seem to me to be trying to lower stock price by doing so, however it is always only 5000 shares.
New Newspaper Article
MARBLE FALLS — Ronn Motor Co. is parting company with its financial adviser.
Ronn Motors hired KPN Advisors LLC to take control of its financial affairs several months ago.
The motor company is now redirected and ready for financial growth, according to a prepared statement released by Marketwire.
KPN is still available to assist with marketing, according to the statement.
Ronn Motors plans to design and market environmentally friendly sports cars powered by hydrogen fuel cells, as well as hydrogen systems for diesel and marine motors. Also, the company is traded on the over-the-counter stock exchange under the ticker symbol RNNM.
In Marble Falls, Ronn Motors occupies a 66,000-foot-square building at 1707 Colt Circle.
The company leases the building from the Marble Falls Economic Development Corp.
However, EDC and Ronn Motors are still discussing conditions of a performance agreement.
"It is still pending," EDC Executive Director Christian Fletcher said Nov. 17.
The company originally pledged to bring 100 jobs to Marble Falls more than two years, but has so far created only 16.
EDC officials plan to discuss the matter during future meetings, Fletcher added.
Basically, the performance agreement is an outline of goals and objectives for job growth at Ronn Motors, according to EDC attorney Monte Akers.
Previously, Ronn Motors was located in Cottonwood Shores
KPN was hired to basically secure funding to move into new headquarters and start production of the hydrogen system. In order to get them to sign on they required Ronn to make them ceo of the company where they were totally in charge of everything. After that phase was completed and production has begun on full scale apparently they turned things back over to Ronn and now want to handle marketing and distribution network setup of the units themselves. It is probably a good thing as their phase one seemed to work out succesfully.
okay I am confused they broke their relations with KPN (who has a boat load of RNNM shares right?) Then their working with them as well?
Interesting. The marine application can be very huge.
Great news, we'll have distribution soon! Spread the word!
Go RNNM !!!
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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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