As another midweek trading period begins, investors are going to look eagerly into those stocks which had been in the news on Tuesday and one of the companies which could be in focus is RONN Inc (OTC:RONN). The company hit the news wires yesterday after it provided key updates about its business operations. In this feature, we take a closer look.
Major Strides
In the news release yesterday the company announced that it had made considerable strides in the realms of hydrogen development and partnerships. It was noted that that the move to engage the Woodstock First Nations for facilitating new projects was an excising one and also demonstrated the commitment of RONN in developing better communication channels with the indigenous communities. The restart of negotiations with the West Coast First Nation tribes was also a highlight in its continued proactive approach.
Further Information
It was also announced that the company was also going to engage in meetings with EDCs (Economic Development Corporations) in Eastern France, Illinois and Virginia. The meetings could help in paving the way for creating new opportunities. In light of these developments, it may be a good time for investors to add the RONN stock in their watch lists.