Ronn Motors' Partnership With I Drive Green Anticipated to Reach 150 Million People
Link to News Release:
http://finance.yahoo.com/news/Ronn-Motors-Partnership-With-iw-1256872611.html?x=0&.v=1
Ronn Motor Company, Inc. (RMC) (Pinksheets:RNNM - News) announced today that the Company has partnered with I Drive Green to promote "green" driving that should reach 150 million individuals via its IDG Academy program and eBay Motors.
Ronn Maxwell, CEO of Ronn Motor Company, stated, "'Drive Green Because You Can' is a very unique initiative intended to bring attention to green driving contribution for maintaining living and to point out the ability of every individual consumer and corporation to live more sustainably by interacting with urban mobility. Our current use of oil endangers our health, our economy and the political and social stability of the world. Forty percent of the world's oil output fuels the automotive industry -- and in the U.S., sixty five percent of oil consumption is in the transportation sector. It is proven that automotive emissions contribute significantly to global climate change. Efforts by both the automotive industry and governments to increase fuel economy have not achieved the significant course change necessary to make a substantial difference. It is a multi stakeholder challenge. IDG brings several intelligent solutions to allow every driver to contribute to a greener environment."
Ronn Motors, through its Green Automotive products, will bring an immediate contribution to the clean air challenge in many ways: the introduction of the first eco-exotic supercar, the Scorpion(TM) using hydrogen technology, the introduction of H2GO(TM) real-time hydrogen injection systems, available through Frigette Energy Systems and selected distributors, drastically reducing hydrocarbon emissions as well as Ronnzoil oils, hydraulic fluids and lubricants, all clean and environmentally friendly.
Jean-Paul Libert, a principal of IDG LLC, commented, "Starting immediately, I Drive Green initiatives will promote the Ronn Motors range of products in all marketing activities. Our significant partnership with eBay motors will contribute through the I Drive Green webpage to reach more than 150 million individuals about our initiative. It makes total sense for Ronn Motors to join forces with I Drive Green in order to educate the world about being green as well as to acquire the technology available immediately to be greener. We will add Ronn Motors products to our green portfolio."
I Drive Green connection with the racing industry will also offer Ronn Motors a great opportunity to develop several technical partnerships at various levels and to reach a core group of fans interested in new products and technologies.
Established in 2009, I Drive Green is an organization founded by French Driver Nelson Philippe and environmental specialist Jean-Paul Libert as a means of using motorsports to educate enthusiasts about new environmental initiatives, practices, and technologies. For more information, please visit www.i-drivegreen.com.
Headquartered in Horseshoe Bay, Texas, Ronn Motor Company, Inc. is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics. These features, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, positions the Company as one of the new leaders in an automotive industry transitioning toward fuel efficiency. For more information, please visit www.ronnmotors.com.
This release contains forward-looking statements that reflect Ronn Motors 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.
Contact:
Ronn Motors Investor Relations Contact:
The Eversull Group, Inc.
Jack Eversull
972-378-7917
972-378-7981 (fax)
Emerging Markets Consulting, LLC (“EMC”) prepares and/or assists others in preparing and publishing oral and written information on selected companies (the “Profiled Companies”) and/or their securities (the “Securities”) in various contexts, including but not limited to corporate and business profiles, summaries, reports, and press releases (hereafter referred to as the “Corporate Information”) through various methods including but not limited to: (a) facsimile; (b) email; (c) mail and courier; (d) world wide web, including but not limited to EMC’s website at www.emergingmarketsllc.com; and (e) personal contact at trade shows, business luncheons, seminars and/or meetings. The Corporate Information may be disseminated to broker-dealers, members of the general public, and the financial community (collectively the “Recipients”) at the direction of the Profiled Companies and should be used by the Recipients for informational purposes only.EMC and/or its principals, affiliates and representatives receive cash and/or compensation in the Securities in connection with preparation and dissemination of the Corporate Information. EMC did not pay cash consideration for the Securities that it holds (other than payments that may be made by EMC to the Profiled Companies for the exercise of warrants), and any of the Securities held by EMC were issued in exchange for EMC’s services. Because EMC is a Shareholder of the Profiled Companies, EMC may have a conflict of interest with the Recipients as well as the Profiled Companies. Independent of any compensation that EMC and/or its principals, affiliates, and representatives may receive, EMC and/or its principals, affiliates, and representatives may at any time purchase and/or sell the Securities, including simultaneous with the publication or distribution of the Corporate Information. The buying and selling of the Securities by EMC and/or its principals, affiliates, and representatives may negatively effect the price of the Securities or cause the price of the securities to increase or decrease or become unstable.EMC does not express any opinions, recommendations or viewpoints regarding the Profiled Companies or the Securities, and has not conducted due diligence of any data or information contained in the Corporate Information. The Corporate Information is based solely upon data and information provided by the Profiled Companies and EMC does not endorse, independently verify, or assert the truthfulness, completeness, accuracy or reliability of the Corporate Information. EMC conducts no due diligence of any type of the Profiled Companies or the Securities. Recipients should not rely on the data or information contained in the Corporate Information in making an investment decision and should conduct their own research of the Profiled Companies. The Recipients should not assume that material changes have not occurred since the publication and/or dissemination of in the Corporate Information. Each of the Recipients should consult with his or her legal, accounting, tax and financial advisers regarding any investment in the Profiled Companies or the Securities.EMC is not a registered investment advisor or registered securities broker dealer and no information contained within the Corporate Information should be construed as investment advice or as a solicitation to offer, purchase or sell the Securities. The Securities may be thinly traded and not listed on any national securities exchange and involve an extremely high degree of risk. Because the Securities are penny stocks, they are subject to the Securities and Exchange Commission's penny stock rules, and as such, any investment in the Securities involves a high degree of risk and it may be difficult for any investor or Shareholder to resell the Securities. An investment in the Securities could result in the loss of some or all of an investment.Recipients should (with the assistance of their legal and financial advisors) review Securities and Exchange Commission (“SEC”) filings regarding the Profiled Companies that are SEC reporting issuers. These SEC filings are available for review at www.sec.gov. Recipients should review investment guides that are available at the same SEC website and the National Association of Security Dealers website at www.nasd.com.Statements contained in the Corporate Information that are not historical facts are forward looking statements that involve risks and uncertainties and may be identified by the use of terminology such as “believes”, “expects”, “may”, “will”, or “should”, or “anticipates”. Such statements should be read as being applicable to all related forward looking statements wherever they appear in any of the Corporate Information. The actual results of a Profiled Company’s operations, financial condition or other aspects of its business could differ materially from those discussed in the Corporate Information.The issuance of the Securities to EMC may cause shareholders and/or investors of the Profiled Companies to experience immediate and substantial dilution of their holdings and/or investments in the Profiled Companies. Future securities issuances to EMC for services may also result in a reduction of (i) the book value or market price of the Profiled Companies’ securities, (ii) shareholder voting power; and (iii) each shareholder’s proportionate ownership of any Profiled Company.Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below:
EMC has a March 16th, 2009 agreement with Silverdust Investment corp. to provide various services onbehalf of Ronn Motor Corp. EMC has been compensated $127,000 from Silverdust investment corp.
Click here for full disclaimer
No comments:
Post a Comment