LOS ANGELES and LAS VEGAS, June 8, 2009 (GLOBE NEWSWIRE) -- 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 through a major cable company. WENR will have the ability to air via broadcast cable nationally within several months.
WENR, through its subsidiary production company, will own the content of the programming. The company's goal is to develop a fully functioning cable network and broadcast to approximately 6,000,000 subscribers, with the initial broadcast based in Reno, Nevada (which, has subscribers across California, Nevada, and Utah).
"This is a tremendous opportunity to generate another growing business inside of WENR," noted Dan Green of WENR. "The addition of this television channel will not only provide a new revenue stream, but provide an excellent public relations avenue. Clearly, this is no small undertaking and we will look to develop an office in Reno and potentially Las Vegas, Nevada."
The Company's issued and outstanding share count remains at 33,736,542 shares and will update the company information via http://www.pinksheets.com. News will continue to be made available on all WENR entities as milestones are achieved.
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.