SOURCE: WENR Corp.

August 18, 2008 08:15 ET

WENR Corp. Letter to Shareholders -- August 2008

NEWPORT BEACH, CA and LOS ANGELES, CA--(Marketwire - August 18, 2008) - WENR Corp. (PINKSHEETS: WNRC), announced today its August Letter to Shareholders.

Dear Shareholders,

I am taking this opportunity to update you on our current progress.

--  We will be creating a Finance Division, through our partners who will
    lend up to $500,000.  The qualifications for financing are more than 3
    years of business, a good Dunn and Bradstreet history, $1,000,000 in
    revenues, and based in Southern California.
--  We will be creating an Energy Division.  We have received an
    opportunity to be a minority partner in a major oil project.  The wells in
    the project produced approximately 500 barrels of oil per day in the 1980s.
    The recent geology study shows it may be able to produce up to 2000 barrels
    of oil per day with the new technology available.  Estimates show this
    project may produce over $100,000 per month to WENR as passive Net Income.
--  Bayshore Industries has experienced significant growth over the last
    few months and expects more than $200,000 in retail sales for the month of
    August between its Costco business and Casino business.
--  We seek to close the Sport Technology acquisition by the first week of
    September.  Sport Technology and its Flowboard will soon be featured in the
    Business Section of the LA Times.
--  Airship Surveillance is moving forward and we expect updates in the
    near term.
    

We have some magnificent opportunities and we will update as they develop. We are confident our investors will approve with the steps we have taken to ensure our long-term success.

About WENR

WENR directly owns a diversified group of businesses, which generate cash and earn accelerated returns on capital. Companies under the WENR umbrella have growing revenue and profit and are managed by original management. These companies receive capital infusion for marketing, product development, and other growth initiatives.

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 Information

  • Steven Lockhart
    310.410.4426