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SMKY is way off the radar, but seems to be gaining a little more volume than usual today:
Volume is picking up on WNRC. Might be about time to break out above the consolidation range we've seen over the past 2 months:
hafc---true btm call from reads.
WNRC DD SUMMARY
IHUB Board: http://investorshub.advfn.com/boards/board.aspx?board_id=4629
Contact:
WENR Corporation
Dan Green, President
435-709-8350
www.wenr.net
WNRC is a holding company, which directly owns or owns marketing rights in various growth stage companies. WNRC provides senior management assistance and secures working capital for marketing development.
Dan Green, President, and Tariq Ahmad, Director of WNRC, are also managers of Ngensolutions LLC.
Share Structure:
A/S: 100,000,000
O/S: 33,736,542
Float: 12,446,490 TINY FLOAT!!!
3-Month Daily Chart:
Since Late June, the PPS has gone from .015 to .10 on very light trading volume.
3-Year Weekly Chart:
2008 high of .22 was hit on similar light volume, same share structure, but no revenues
WNRC has now completed one strategic acquisition and plans an even bigger one this month:
ACQUISITION #1, SATVIEW BROADBAND: http://www.iwantone.tv/index.html
WENR Corporation Acquires Cable Company
SALT LAKE CITY, UT--(Marketwire - 07/21/10) - WENR Corp. (Pinksheets:WNRC - News) is pleased to announce it has acquired Satview Broadband Ltd. of Reno, Nevada. Satview has subscribers in Nevada and Utah. It is a provider of cable television and Internet broadband. Satview will operate as a wholly owned subsidiary. WENR purchased Satview for 5,000,000 shares of common stock and assumption of debt.
Satview has revenues of approximately $500,000 per year and has over $500,000 in assets. It has been in operations for nine years and is headquartered in Reno, Nevada. Current management will remain with the company and operations will continue in Reno. The company has modest debt and operates with a positive cash flow. Satview is in negotiations to acquire additional cable systems targeting Nevada and Utah.
"This acquisition is exciting for the shareholders of WENR," said Manny Martinez, Director. "For example, Cablevision bought Bresnan Communications for over $4,000 per subscriber. Satview has over 1,000 subscribers and is negotiating to acquire an additional 5,000 subscribers."
ACQUISITION #2, NGENSOLUTIONS (to be closed in August): http://www.ngensolutions.com/index.html
Ngensolutions LLC to Be Acquired by WENR Corp.
RENO, NV--(Marketwire - 06/03/10) - Ngensolutions has signed a letter of intent to be acquired by WENR Corporation, a Utah publicly traded company, trading over the counter (Pinksheets:WNRC - News).
Ngensolutions LLC, announces the appointment of Mr. Manny Martinez as a consultant to Ngensolutions and the appointment of Mr. Miguel Mena as General Manager and President of Ngensolutions LLC. Mr. Martinez brings over 30 years of experience in the communications industry to Ngensolutions. Most recently as a Vice President and General Manager of Charter Communications, he oversaw Charter Cable television systems in Nevada and California comprising over 350,000 subscribers, representing over $360 million in revenue per year.
Mr. Martinez is the past President of Nevada Cable Television Association; he is member of the Board of Nevada Hispanic Services, Economic Development Authority of Western Nevada, Sparks Chamber of Commerce and numerous other civic organizations.
Mr. Mena is the General Manager and President of Exitos KXTO-AM 1550 Radio, in Reno, Nevada. Mr. Mena brings over 15 years of experience to Ngensolutions in the Radio and Print Media industries. Due to the efforts of Mr. Mena, Exitos AM is now one of the top radio stations in the Reno/Sparks market. In addition Mr. Mena brings experience in promotion and advertising that is the basis of the media market.
About Ngensolutions:
Ngensolutions is a media company with interests in radio and television properties in Reno, Nevada. Ngensolutions is the owner-operator of Channels 25 and Channels 43 LP TV stations. Channel 25 is the local affiliate of Azteca America; one of the top Hispanic networks in the United States. Launch of the local affiliate is estimated to commence on or before July 1, 2010. Ngensolutions also owns an interest in Exitos KXTO-AM 1550 Radio.
THE PITCH
1. WNRC is mostly unknown (a hidden gem).
2. WNRC just started to generate revenue through its first acquisition.
3. The addition of Manny Martinez brings great connections with larger cable providers, including Charter Communications. Manny’s resume: http://www.linkedin.com/pub/manny-martinez/13/483/672
4. The closing of Ngensolutions has been announced to occur during the month of August.
5. The PPS has slowly drifted higher on next to no volume – the very small float will allow the PPS to move quickly with more volume.
6. The share structure has remained unchanged for the past year, and is held largely by insiders.
7. Most of the recent trading has been occurring at the ASK, signaling a tightly-held float.
8. President Dan Green has a proven track record of building solid companies. His last venture, ESFS, made a run from .03 to .85 in a matter of months!!!
9. Potential mass exposure for the stock on one of the cable channels, which will target small cap stock programming.
10. The chart remains on a strong uptrend, with the 2008 high of .22 within sight.
drwi
50ma,BB,retrace,PPS,volume,CCI,ROC and CMF
The Daily View (90 Days)
50ma,BB,retrace,PPS,volume,MACD,full sto, accumul/distr.
drwi
6 mos-50ma,200ma,VOLUME,B.B., PPO, ADX
drwi
xtxi
itsi
right on, 2 yr.
xtxi
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