RONN Inc. (OTC:RONN) Stock Surges 8%: Here is Why

On April 16, Ronn Inc. hit the headlines following a major new announcement, which could bring the stock into prime focus among investors through the rest of the week. The company’s Chief Executive Officer, Ronn Ford, announced yesterday that RONN Inc. (OTC:RONN) and H2H, including its many partners, would sign a letter of intent for the commercialization and integration of the many hydrogen proprietary products from H2H. The products would also include many of the cutting-edge proprietary hydrogen storage and hydrogen a/c systems.

The company noted in the news release that as those products became available, the details of the agreement would also be updated accordingly. Ford stated yesterday that the partners at H2H already had agreements in place with entities in India that are engaged in the development of potential joint ventures and commercial relationships at this point. It was also noted that the partnership with H2H could potentially open up opportunities for many members of the groups who were already in relationships. Ford also stated that everyone at RONN was excited at the possibility of integrating the patented hydrogen storage and hydrogen a/c systems.

In this regard, it could be a good time for investors to get a better idea of RONN as a company as well. It is a progressive company that is involved in making a big impact on the fast-growing environmental credit market. The company is strongly committed to sustainability and innovation in the commercialization of hydrogen. It seeks to commercialize hydrogen in both the stationary as well as the mobile sectors. The company is not only dedicated to unlocking value for its shareholders but also wants to serve the planet in a positive way. It could be a good idea for investors to add the RONN stock to their watch lists in light of the latest developments.