RONN - RONN STOCK NEWS

Ronn Inc. (OTC PINK:RONN), headquartered in Scottsdale, AZ, has announced a Memorandum of Understanding (MOU) securing a €100,000,000 investment for advancing hydrogen vehicle and hub projects. This commitment, facilitated by a Capital Management firm, aims to support Ronn's hydrogen fuel cell vehicle (HFCV) development and hydrogen hub projects globally.

The investment will be released in two tranches of €50 million each. The first tranche will directly fund Ronn's hydrogen truck development and First Nations hub project. The second tranche will target investments or acquisitions in complementary hydrogen companies and technologies.

Ronn CEO, Ronn Ford, emphasized the strategic importance of this investment amid global financial and political challenges, highlighting the potential for hydrogen to contribute to climate improvement and benefit shareholders and partners.

RONN, Inc. (OTC: RONN) signed a LOI with Hydrogen Horizons to form a joint venture aimed at enhancing hydrogen commercialization globally. The partnership involves incorporating H2H's patented technologies into RONN's FCEVs and hydrogen hub projects, potentially extending the range of hydrogen logistic vehicles. The collaboration seeks to expand within and beyond the Barbados project, opening doors for synergistic agreements.

Ronn, Inc. partners with H2H to integrate patented hydrogen products into global projects, potentially expanding commercial relationships and joint ventures.

Ronn Inc., under the ticker symbol RONN, is in talks with Canadian groups for hydrogen development projects. The Economic Development of St Thomas, Canada, is interested in collaborating with Ronn Inc. on hydrogen hubs and trucks. The company is exploring the potential of establishing new offices in the industrial area of St Thomas. With additional funding, Ronn Inc. plans to work with First Nations on hydrogen hubs and a pilot program for logistic hydrogen trucks. The company is engaging in information exchange with key stakeholders for further collaboration.

RONN, Inc. (OTC PINK:RONN) announces strategic move to cancel 100 million common shares, aiming to enhance shareholder value and prepare for NASDAQ move in 2024. Progress made in hydrogen carbon offset global credit market and exclusive agreement with Net Zero, LLC. Also preparing to tap into the US government-proposed hydrogen tax credit market estimated at $140 billion.

RONN Inc. (RONN) has entered into an exclusive strategic agreement with NetZero, LLC to pre-sell and monetize environmental credits generated from RONN's production of hydrogen and hydrogen middle mile vehicles. This agreement is expected to bring in billions of dollars of capital into RONN, aligning with the projected $250 billion expansion of the voluntary carbon markets by 2050. The potential long-term cash value of these credits is substantial, with experts projecting significant growth in pricing per unit from $.17 to upwards of $50 during the same period.

RONN, Inc. has signed an agreement with IM-1 Development, LLC to facilitate the design, development, and construction of their Hydrogen Hub Facilities and Production of Trucks. IM-1 Development will also assist in procuring Qualified End-Users for the project. The CEO, Ronn Ford, expressed confidence in the partnership and highlighted IM-1 Development's experience in Canada and First Nations projects.

RONN, Inc. discusses long and short-term climate plans and introduces terms for potential Hydrogen Hubs and Electric Truck Pilot Programs in Canada. An alliance with First Nations Turtle Island is formed to expedite Canada's green future. RONN plans to establish seven hydrogen hubs across First Nations lands.

RONN Motor Group (OTC PINK:RONN) has officially changed its name from Lee Pharmaceuticals to RONN, reflecting a new focus on sustainable hydrogen technologies and commercialization of hydrogen energy. The company's new ticker symbol is RONN, effective 7-31-2023, marking a significant step forward in its identity as an automotive and energy corporation.