SOURCE: WENR Corporation

February 16, 2011 07:15 ET

WENR Corporation Announces February Update

RENO, NV--(Marketwire - February 16, 2011) - WENR Corporation, (PINKSHEETS: WNRC) updates Operational Activities for Satview Broadband.

Satview Broadband Ltd.:

  • Satview has created and is currently testing its new website for its subscribers. The site will provide a portal for subscribers to access email with an Internet subscription.

  • The Company has hired an in-house accountant. Since the billings and expenses have increased, additional accounting has occurred. WENR is interviewing for a corporate controller.

  • Satview has engaged a new credit card service to reduce its costs and enable subscribers to pay with reoccurring billing, credit card payments and direct transfer from checking accounts.

  • Satview has negotiated a reduction in marketing expense by trading air-time with radio stations.

  • Satview has signed an agreement with InFashion Networks to sublease the studio for production of jewelry related video and audio production.

  • Satview is rearranging its lineup to reduce programming costs. It is also placing Azteca from Reno on the lineup in Elko.

  • Satview began the upgrade to provide Internet for Elko. Installation for the Topaz Lake system has been completed.

  • Satview continues to explore and evaluate additional cable systems.

"These updates will increase profitability and allow Satview to grow exponentially," noted Dan Green of WENR Corp. "Now that we have the formula down for 6,000 subscribers the next acquisition will be smooth and seamless."

Satview, a wholly owned subsidiary of WENR Corp., has been in operation for nine years and is headquartered in Reno, Nevada. Satview holds franchise systems in four markets in Nevada and Utah. Satview is a cable television and Internet provider with approximately 6,000 subscribers.

About WENR Corporation

WENR Corporation is a media holding company, which has two wholly owned subsidiaries, Satview Broadband Ltd. and Ngensolutions LLC.

Disclaimer

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 any projected results (expressed or implied) will not be realized.

Contact Information

  • Contact:
    WENR Corporation
    Dan Green
    435-709-8350
    www.wenr.net