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Your words, not mine. Stop making it personal.
Incoherent babble and utter nonsense.
Tobique are probably getting a boatload of discounted RONN shares. If they are able to flip those for gains maybe they will invest more but don’t get your hopes up.
And let’s not act like Tobique is some big player in the hydrogen space.
Why won’t the RBC, Canadian banks or venture capital loan RONN money? Why hasn’t Tesla or Toyota offered a JV?
Ugh, this is just silly. The CD folks don’t care about risking a baked in 200% profit just to squeeze out additional 75%, especially when they see how the PRs are going over like a lead balloon.
The CD folks aren’t like the retail pumpers here, the care not for dreams of making 10000% returns or $1 share prices. They make their 100, 200, 400%….rinse, repeat and profit. Hold and die with penny stocks scams like RONN
Convertible Debt holders do NOT sell at a loss. The way this game works is that the CD folks are issued heavily discounted shares, often 50% or more, in exchange for cash. Hypothetically, CD holder Steve gives RONN $50k in cash and Steve gets 50mm shares of RONN at a cost basis of .001 (50% discount from today’s share price).
Now is where the fun begins.
Part of Steve’s deal in loaning RONN the cash is that not only does Steve get the shares but he is often paid interest for the loan. Of course RONN has exactly zero revenue so the interest payments are sourced by robbing Peter and Paul to pay the interest owed to Steve.
So beyond some nice interest payments to Steve, RONN will put out PRs that are intended to pump the stock for Steve to dump. When a PR is issued, ideally sending RONN shares higher, Steve will begin to offload shares. Having received shares at .001 if RONN goes to .0028 that is a nearly 200% profit for Steve.
What is happening now is RONN’s PRs are falling flat and barely moving the share price. Therefore Steve (the CD holders) are getting impatient and want to be sure they protect their profits.
Bottom line is that Steve and the proverbial Convertible Debt folks know that RONN will never fulfill the nonsense claimed in PRs but they know there is a good likelihood they can capitalize offering financial services to RONN, the same financial services that banks or legit venture capital wouldn’t dare provide because RONN is a scam.
Big Money doesn’t slum it here. And if the majority of little retail folks like ourselves smell a rat then legit players wouldn’t dare touch this, even with your money.
This is a pump and dump scam, one of thousands on the OTC. If you think you can scalp or time a quick pump, go for it but at no point should you believe this is a legitimate enterprise that will become a player in the alternative energy sector.
Just look at how the pumpers here attack people and not information. Childish name calling and insults, deflection of the info instead of debate…..these are the hallmarks of losers.
As I said before, in 2003 when I was a major AAPL bull I was happy to debate “bashers” on the merits of iPods, computer sales, software and such because I didn’t need to personally attack them. Apple has loads of fundamental success to back up my claims.
RONN does not, therefore the weak minds must turn to ad hominem attacks in a pathetic effort to appear strong. Sad but those are the tactics only available to those defending penny stock scams like RONN
That is insiders dumping on your head. I know you think it’s a roving pack of short boogeymen but in reality it’s convertible debt holders who have endlessly quantities of significantly discounted shares that they indiscriminately sell, often in conjunction with PRs. That’s how this game is played.
Hahahaha! How about the Delusion Index? Or the Dilution Index where the more the CEO dilutes the more the pumpers post crap about how great the company is……the psychology behind this stuff is fascinating
Well done deflecting the discussion to ad hominem judgements instead of pointing out “success” of the company.
Here’s a nice anecdote for you;
In 2003 I was all over Yahoo message boards “pumping” AAPL. I told everyone to buy and would get into drawn out arguments with “bashers” who said the iPod was a fad or Apple would never make money off computers……but I rarely engaged in personal judgements against the naysayers. I would simply point to the revenues being generated, about new products Apple offered, about trends based on that info……
Unfortunately with RONN there is none of that….there are no revenues, or prototypes, or credible deals….there are only Letters of INTENT or Memorandums of UNDERSTANDING that do not equate to sales or any other metric of value.
To the contrary, there are numerous failures such as the Rana deal that turned out to be illegitimate or the Geneva Auto Show “meetings” that resulted in nothing except a comical tweet about a possible watch. There is rampant dilution, something the CEO said the company would stop doing. There are discussions of uplisting to the Nasdaq which is comical to anyone who understands the requirements for such action.
So keep pumping, keep your “faith” and keep calling me a basher if that makes you feel better but we both know the truth here. I hope you make a buck or two trading RONN but don’t get so attached to the company cause it’s merely a pump and dump
What about the Pumper Index?
FYI stop acting like you came up with the term “basher index”. That term has been around for a loooooong time and really only applies to real companies. Penny stocks deserve all the scrutiny they get because 99.9% are only trading vehicles and not legit companies. RONN is no exception, this is a pure pump and dump
How about all those posts talking about a major partnership with Rana only to be negated by Dr Rana who said there is no partnership? Suddenly the pumpers got reeeeeeal quiet on the Rana hype…..
Nothing suspicious there….lets ignore that and move on to the [insert next pump].
Subsequently the new pump is the Tobique Nation….a small tribe in Bumfu….sorry New Brunswick Canada that is gonna give RONN (snickering) $350mm for a project that RONN has no product for…..yeah, BTW I own a bridge in Manhattan and am looking for a buyer….
Yes and doesn’t matter.
Definitely should’ve had a product lined up but we all know RONN is nowhere near having a working prototype (from this decade) much less the resources to actually develop a vehilce so the Geneva Auto Show was used for exactly what it was to RONN….a way to pump the stock with specious claims about a Rana partnership, only to have those claims refuted by none other than Rana themselves.
Therefore, debating whether the VIP ticket was purchased or offered is moot. Those tickets are also a dime a dozen….I have a relative who owned a high end repair shop in NY and they got VIP tickets to Geneva through a vendor (Bosch).
RONN is nothing more than The Lady and the Dale
Not “might”…..WILL need a reverse split. The initial listing requirement for Naz is actually $4 upon entry with $1 being the benchmark a stock must hold in order to stay listed thereafter.
There is just no way RONN gets anywhere near Naz without an r/s. All the talk of “signed deals” is cute, especially to those who have been around the block with penny stocks. RONN is a run of the mill penny pump…..LOIs, MOUs, tweets, PRs and loads of hype so insiders can sell shares to fund their lifestyles. CEO pumps via Twitter about going to the most prestigious auto show in the world and meeting with a big player only to have that big player later tweet that their company has nothing to do with RONN…..classic! But hey, RONN did tweet that a watch may be in the works after the show so there’s that….lmfao
Where there’s smoke….theres HOT AIR. You’re like a bad Hollywood writer, using vague references to further the plot when in truth the movie would be over if the character just spoke true instead of vague hints. “I know how to defeat the bad guy but let’s just enjoy the sunset before I tell you”…..bad guy attacks right as the sun goes down…..
Looks like both BEGI and RONN are flea laden dogs.
It’s actually quite insane that LSD, psilocybin, MDMA and cannabis are Schedule 1 which means they are deemed to be highly addictive with no medicinal value. I’m not a conspiracy guy but the prohibition of those drugs under those circumstances is nothing short of criminal. Xanax, opiates and so many other drugs have killed millions and been abused every which way since Sunday.
The problem with re-scheduling is that the DEA and US govt has to say “oops, we were wrong about the war on drugs”. Even worse, when these drugs become more widely available and used to safely, EFFECTIVELY treat many ailments people will start to wonder about why the govt lied to people about the drugs.
This is a watershed moment. Not only is the re-scheduling/legalization massive but the malicious prohibition is being questioned and people will want answers.
The difference between ALZN and MNMD is that Alzamend deals in a “legal” substance whereas MindMed’s active drug is still “illegal” aka a Schedule 1 narcotic. When the DEA re-classifies LSD and other psyches then I would not be surprised to see MNMD pps instantaneously triple.
There is soooooo much money on the sidelines here waiting for reclassification. Big pharma is dying to get in on the cannabis/psychedelic industry as are venture capital firms but the stupid Schedule 1 designation restricts investment in “illicit” substances.
Another Victory for the Call Sellers.
The Aug 16 2.5x calls, and above, printed for those who sold after March but I feel bad for the big player(s) who sold the calls in February and January this year before the run-up. After doing some “research” I learned that the early Aug 16 2.5c sellers were forced to buy a load of shares (as well as OTM calls) to cover the position which likely contributed to the move from 1.35 to 2.93. Hindsight, amirite, most players don’t like to lament on losses which is why I’m just hearing about this trade. We’re not talking big money as the 2.5mm shares allocated in the open calls are a mere $6.25mm worth of shares to deliver but symbolically, it’s always interesting to hear about a large bet that goes south in the same way it’s fun to rubberneck a high stakes parlor game. Apparently between the premiums generated from selling the calls and the subsequent potions required to cover, the overall position was no great loss.
Anywhooooo, my Aug 16 cover calls expired worthless and I was able to buy back 2 strike covered calls at a lower cost basis so this month has been fruitful. Premiums baby, premiums. Gordon Gecko taught about corporate takeovers, but today’s Bud Foxes’ don’t care about owning the pasture when they can endlessly profit from milking the cows dry. The house may always win but that doesn’t mean the neighbors can’t join in. Yada, yada….
On to the next week, next month, next moment…I may buy some more leaps on Monday cause my sources say some fundamental developments are inevitable, always selling calls into pops, won’t short puts here cause I don’t need more shares. SNDL kinda sucks for the short terms but LFG.
I have much more to say about the cannabis industry as a whole….corporate interests have decimated the small players, aka retail shops that were the grassroots of the burgeoning industry, growers have long since sold out and been replaced by industrial ops. The next onslaught will be the marketing of cannabis to the USA, as if D.A.R.E never existed and we all accepted the medical efficacy of cannabis since its first documented use 5000 years ago.
Toe-tapping on the DEA rescheduling at which point the money flow cascades.
A quick informational note; Prior and current US law prevents public companies from involvement with companies dealing in substances classified by the DEA as Schedule 1 narcotics. Current dispensaries and grow ops in legal states STILL must use cash to process operational expenses like payroll, rent and even states/federal taxes!!! Despite states legalizing cannabis, major banks and public financial institutions are not allowed to invest or offer traditional financial services to companies “close to the plant”.
Well, when the DEA reschedules cannabis to Schedule 3, then those restrictions are removed. Hedge funds and venture capital can invest without penalty. Banks can loan money to credible cannabis related entities without fear of fines. Bonds can be issued for cannabis companies to expand their ventures. The dam will break, money will flow.
This industry will be massive and SNDL not only has their foot in the door, the company has half their body inside with a battering ram (banks, funds) standing in the doorway ready to breach with great force.
Wrong. This is insiders dumping. Is there no limit to the excuses being made here?
The mental gymnastics is quite stunning, Olympic level stuff.
Daaaayum, an insider just dumped a load. And that’s how RONN operates…..puts out a PR so the insiders and convertible debt holders can dump share on your head.
There is no retail holding shares in those quantities. You’ve all been had
Hahahahhaaaa!!!! Love the reference. Someone pulled the trigger until it went click!
No. I very much get the point as I’ve seen this game before. For RONN the “point” is to trick folks long enough into believing there is a legit business here so the insiders can use the stock as a slush fund. Period.
This story, the one of crumbs or only needing a small piece of the pie is typical penny stock shenanigans. I’ve seen it dozens of times; 2014 Penny Pot Stock Boom was all about getting a small piece of the billion dollar legal weed market….2016 it was a small piece of the crypto market….2020 it was NFTs or COVID related crap……2024 its blockchain……the list goes on and will continue to go on……
Clearly not. There is no conceivable way that the Tobiqe folks are investing $350mm in RONN to develop a hydrogen energy distribution network or vehicle, none whatsoever. Maybe, at the very least the Tobiqe are entertaining an OVERALL investment of $350mm in the entire hydrogen energy sector….maybe….but the entirety of the $350mm would and will never go to RONN. Period.
The alleged $1mm goodwill payment, if real, is pennies as others have said. That money would barely pay off RONN’s convertible debt and the capital wouldn’t even get a toenail in the door of an alternative energy enterprise. Of course, this is all assuming RONN ever sees that money because with typical penny stock scams that money is only mentioned in a PR and rarely appears in the company’s bank account. I can’t even keep track of how many deals these OTC scams release press about only to later recant or just go silent about the info.
To the first point, no legitimate bank, venture capital firm or individual angel investor would loan RONN $350mm especially considering they have no proprietary tech or proof of concept.
I am a fan of alternative energy and someday solar, wind and hydrogen may be the way but RONN will not play a role. This company, like all OTC entities, is good for a scalp and nothing more. Buy low and try to catch the upswing of a pump, then cash out but do not get caught holding a bag for too long.
And by all means the pump has seemingly run dry as the recent PR and desperate follow up tweets clearly show that the market doesn’t believe RONN. Sure, one deal could set this off BUT that deal has to be legitimate and nothing indicates there is any substance to the recent PRs, just more penny stock fluffery
Tape Painting at .0002
Someone is playing games here, probably an insider trying to keep this from cratering and so the convertible debt cronies can still get some profit before this one bleeds out.
I made some decent coin here, enough to hold on to some paid for shares but man alive, this one went south quickly.
You should be more focused on Ronn Ford’s behavior and claims than individuals on a message board. Those who debate message board user activity instead of company specific info are sus. Ad hominem attacks against posters will do little to boost share price or inspire confidence in a company
I’m just a dude with a day job who also dabbles in stocks. My concentration is mostly in my broader market holdings but I’ve played OTC stocks to a varying degree of success including some 6 figure gains in 2014 while playing the Penny Pot Stock boom, and subsequent bust where I gave about $50k back chasing some scams. I learned some valuable lessons that I can now apply to the OTC….first and foremost being that most of these sub-penny stocks are certainly not long term holds.
Reason and logic are the best tools for success. If it acts like a duck it’s probably a duck no matter how much your emotions tell you it’s a soaring eagle.
I hope you realize that this cuts both ways bud. The same “basher index” principles can be applied to a “pumper index”.
And the fact that the CEO of RONN himself is actively tweeting follow-up messages after a lead balloon PR is more telling than anything you or I can say.
RONN is part of the 99% that are scams. The patterns are all the same….release fluff PRs so the convertible debt crowd can dump shares, rinse and repeat along with more dilution, reverse split, tease uplisting, a CEO actively tweeting……I’d say RONN is even worse because clearly today’s PR fell flat and now Ron himself is tweeting in desperation.
Also, entering the hydrogen energy space (or any alternative energy sector) has incredibly difficult barriers of entry especially considering the venture is extremely cash intensive, of which RONN has none. The company has no proprietary technology nor does it have the capital to develop or acquire the resources needed to build hydrogen vehicles or fueling stations. If RONN had any of that the company wouldn’t be slumming on the OTC they would either be public on a big exchange or a private entity with VC money. No legitimate bank, venture capital firm or angel investor would, has or will ever give RONN money, therefore they use rando players like the Tobique to sell shares but make no mistake…..RONN is a share selling vehicle to enrich insiders. You can scalp here and there for a quick buck but holding this stock will not result in a worthless sequence of numbers in your portfolio.
That’s a scary thought and indicates that RONN is more of a trading vehicle/insider piggy bank. CEOs of micro/small cap stocks I own don’t even concern themselves with share price as they remain focused on business objectives. To see Ronn tweeting, likely as a response to post PR message board activity and subsequent share price erosion, is quite telling
Nothing on the OTC is ever a good long term hold. To the contrary, long term most OTC stocks go to zero and are become worthless coded numbers in a portfolio. So far RONN has proven no different and likely never will
Hahahahhahaa!!!!!! Epic reference! And a big Womp Womp on today’s PR. Looks like Ronnie’s convertible debt buddies are dumping shares on the heads of greater fools. Good thing they have showed some restraint as the share price drops otherwise this would be a bloodbath
R…0…B…1…N H…0…0…D
And I’m not talking about the English chap with the bow.
IYKYK
Nah, they helped their CD shareholder buddies and then split town. Who knew that crypto AI coffee machines on the moon would not be successful? I guess CBIA is just ahead of their time. Maybe by the time a manned Mars mission is ready CBIA will have a product to offer
There is only a “we” if you’re married to the stock
Are you writing down names of pumpers too? I’ve noticed many of the RONN cult are also in the political cult too which is utterly hilarious because that cult would kill hydrogen technology quicker than they’ll kill women’s right to healthcare. I can’t believe how much people vote and live contrary to their self interests.
You all are some of the biggest suckers in the world
Eh, you’d be surprised. I’ve seen some incredibly ignorant behavior in penny stock bagholders. One particular stock I used to follow had a pumper who still kept with the stock even after the former CEO came out about all the fraud. The depth of bagholder desperation has no bottom
Patents?!??!? Vee don’t need no stinkin’ patents……RONN has no patents and nothing about this scam is original or compelling.
All anyone need know is that RONN is just another typical, run of the mill penny stock scam.
No no….-40% in a day is normal, -90% in a month is what good companies do when diluting the piss out of shareholders. Lying about a deal with a company when that company says there is no deal and the CEO is angry the fake info was released is a good thing.
This is like the Simpsons episode where Principal Skinner’s house is burning down and he’s trying to convince Superintendent Chalmers that it just Aurora Borealis located entirely in the kitchen!
RONN is a criminally fraudulent penny stock. Management banks on the lack of enforcement, shareholder ignorance and greater fools in order to sell shares but the company will never sell a single item related to alternative hydrogen energy or whatever other schemes Ron Ford lies about. Period.
All right dude. Keep up the good fight even though this is like watching a toddler challenge George St Pierre to a fight. The only difference is that GSP would never engage but you’re about to rocked by Penny stock frauds.
Good public companies do NOT issue shares as the ONLY source of income. Frauds like RONN issues shares as a source of income for crooked insiders and convertible debt cronies.
Notice how RONN doesn’t come out with press about how they issue shares. They just dump the shares on the market and hope nobody notices. When legit public companies issue shares they release press (and SEC forms…I know, I know RONN isn’t SEC compliant). In addition to notifying the public about new shelf offerings, legit companies will mention the purpose behind issuing the shares such as acquiring a company, building a new factory or some other expansionary measure.
RONN, like most penny stock frauds, just backdoor the new shares and can’t say diddly about how the capital will be used because the money is just going into the pockets of insiders and convertible debt holders. There is no R&D on hydrogen whatevers…any fool can tell that is all just a ruse to churn shares.
RONN is such a common penny stock scam….lets not pretend it’s anything else and anyone saying otherwise is either paid to do so or is just a sadly ignorant clown
Management did exactly what they needed to make money for insiders and convertible debt cronies. Shareholders got screwed so many have moved on and diehard bagholders are lashing out at everyone except the real culprits aka management.
RONN is a phony. A fugazi. A fraud