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Los Angeles, CA (California) US
Advertising, Marketing and Public Relations, Advertising and Marketing Services, Direct Marketing, Holding Companies or Groups...
TEL: +310 410 4426
FAX: +419 735 6855
http://www.wenr.net
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SALT LAKE CITY, UT, Sep 10, 2009 (MARKETWIRE via COMTEX) --
WENR Corp. (PINKSHEETS: WNRC), announced today it has signed a preliminary settlement agreement with a lawsuit, which originated in May 2002. The lawsuit resulted from a dispute concerning the Global Image Technologies acquisition. Final documentation is available on the Company's website. The Company and all parties have agreed to a mutually satisfactory settlement. The Company looks forward to building shareholder value through acquisitions.
About WENR:
WENR is a holding company, which directly owns or owns marketing rights in various growth stage companies. WENR provides senior management assistance and secures working capital for marketing development (www.wenr.net).
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: WENR Corporation Dan Green 435-709-8350
SOURCE: WENR Corporation
Tags: acquisition lawsuit marketing securities technology
Companies: WENR Corp. (WNRC)
SALT LAKE CITY, UT, Sep 16, 2009 (MARKETWIRE via COMTEX) --
WENR Corp. (PINKSHEETS: WNRC), is pleased to announce the leasing of a second television station. Ngensolutions LLC, current owner of Channel 43 KELM-LP in Reno, Nevada, has agreed to purchase a second television station, Channel 25 KRRI-LP also in Reno, Nevada. The second television station will also be leased to WENR Corp. The Company is finalizing the lease agreement for KELM-LP television channel. WENR has not decided on content for the second station. The transfer of the license to Ngensolutions will take approximately 60 days. Terms were not disclosed.
The content of the channel will be owned by WENR Corp. and a lease payment made to Ngensolutions LLC. Dan Green, President of WENR Corp., is also a manager of Ngensolutions LLC.
The Company is developing a financial oriented network with a focus on small-cap, bulletin board and pink sheet companies for KELM-LP. The focus of the channel will be to profile small-cap companies using their own promotional footage with in-studio interviews. The Company is in discussions with studios in the Los Angeles, Reno and Las Vegas areas to contract studio facilities for programming on an interim basis. Ultimately the Company plans to develop the base of operations in Las Vegas, Nevada.
The Company has preliminary commitments from three cable operators to broadcast the KELM-LP programming on their respective basic line-ups. This will be at no cost to the Company. The Company anticipates the second channel will also be carried on these cable systems. Further the cable operators will sell advertising, which will be shared with the Company.
Lawsuit Update
In the last news release (September 10, 2009) the Company stated it had signed a "Preliminary" settlement agreement with a lawsuit. This was in error. The Settlement Agreement was final and approved by the judge. The lawsuit was dismissed with prejudice on August 26, 2009. See www.wenr.net for the final documentation.
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: WENR Corporation Dan Green 435-709-8350
SOURCE: WENR Corp.
Tags: advertising contract lawsuit nevada programming securities small cap studio television
Companies: WENR Corp. (WNRC)
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Announces Appointment of Contract Chief TechnologyOfficer Apr 17,2000; WENRE.OB WENR Corporation Announces Closing on Global ImageTechnologies Acquisition Mar 31,2000; WENRE.OB Western Energy, Inc., Announces Results of SpecialShareholder Meeting Feb 28,2000; WENRE.OB Western Energy, Inc.
LOS ANGELES, August 26, 2004 (BUSINESS WIRE) – WENR Corporation (OTC: WNRC) (wenr.net), announced today its plans for Softorbit’s websites. Through a management agreement, WENR will take control of the www.softorbit.com website and the www.allhollywood.com website.
http://www.wenr.net/newsreleases/WENR_Softorbit_Websites_082604.htm
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WENR Corp. PO Box 149 17 West Main Street Greenriver, UT 84525 (435) 709-8350
WENR Corp. (Pink Sheets:WNRC) is pleased to announce the latest developments of the Company's entrance into television production. The Company has entered into an exclusive ...
WENR Corp. (Pink Sheets:WNRC) announced today plans to lease a television channel. The lease would be through a Reno company, who is currently in discussions to air the channel ...
Courtesy of www.airshipworld.blogspot.com Wednesday, May 28, 2008 Airship Surveillance - continues at high pace PUBLICLY TRADED AS WNRC © Airship ...
http://www.fastcompany.com/topic/WENR+Corporation?nav=inform-topics