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I didn't insult, sorry you took it that way. Just trying to find your motivation for waking up one day, deciding to take the time and effort to apply for an ihub membership and then posting on the HENC board.
welcome!!
Did you sign up at ihub just to post that?
I think the stock would see 3 days in a row of 100M+ volume with such an announcement. Everyone on IHUB knows this stock.
7000 stores lion. i imagine they would start with the NYC metro stores and North Jersey, though.
Walgreen's is watching the Duane Reade roll out like a hawk. They will rapidly bring 1000+ on board if its a hit in NYC. If you can make it there....
The guy is relentless in his pursuit of his first NA. So close....
And the 4th B---Be Excited....B-E xcited. Because WNBD could be a long term winner.
Yup, thats the big one. I wonder if Dan wants to drop 25 grand on a PCOAB accounting firm to get us uplisted.
Rainman!! How is the big push going in California? I know you've been at it for a few years now.
You'd be surprised. People will cut out other things before cable tv. They will eat ramen noodle and hotdogs before cutting off the calbe, its the major source of entertainment.
Should be some positive developments on that one soon.
Have to keep this thing under 3B outstanding, imo.
hey, heckuva week, la! these shares are....
cheap!
I'm sure Eric is doing the best he can.
Should be close to some positive developments!
***Franny*** ,you got that right!
Getting closer to some important company developments.
WENR Corporation (PINKSHEETS: WNRC) is pleased to announce the release of its 2011 first quarter profit and loss statement for Satview Broadband Ltd., a wholly-owned subsidiary. The Company reports total income for Satview of $993,445 of which $398,699 was included as a one-time entry due to the purchase of the Elko cable system. This statement reflects only two months of revenue from the Elko system. The profit and loss statement is unaudited and subject to change. Shareholders can expect approximately $750,000 total income per quarter moving forward at current subscription levels. First Quarter Net Income from Satview was $533,043. The profit and loss statement can be found on the Company's website (www.wenr.net).
The Company plans to release Ngensolutions' profit and loss statement for the first quarter in the near future. However, the majority of Ngensolutions' revenue for the first quarter will be posted in the second quarter report.
"We are pleased to announce the Company is profitable," stated Dan Green, WENR's President. "We are currently growing with marketing to new customers, providing DVRs, Internet and telephone service to current customers." Mr. Green continued, "We are also finalizing the buy back of the Company's shares."
Satview Broadband, headquartered in Reno, Nevada, is a wholly-owned subsidiary of WENR Corp., and has been in operation for nine years. Satview holds franchise systems in six markets with plans to expand.
WENR Corporation (PINKSHEETS: WNRC) is pleased to announce the release of its 2011 first quarter profit and loss statement for Satview Broadband Ltd., a wholly-owned subsidiary. The Company reports total income for Satview of $993,445 of which $398,699 was included as a one-time entry due to the purchase of the Elko cable system. This statement reflects only two months of revenue from the Elko system. The profit and loss statement is unaudited and subject to change. Shareholders can expect approximately $750,000 total income per quarter moving forward at current subscription levels. First Quarter Net Income from Satview was $533,043. The profit and loss statement can be found on the Company's website (www.wenr.net).
The Company plans to release Ngensolutions' profit and loss statement for the first quarter in the near future. However, the majority of Ngensolutions' revenue for the first quarter will be posted in the second quarter report.
"We are pleased to announce the Company is profitable," stated Dan Green, WENR's President. "We are currently growing with marketing to new customers, providing DVRs, Internet and telephone service to current customers." Mr. Green continued, "We are also finalizing the buy back of the Company's shares."
Satview Broadband, headquartered in Reno, Nevada, is a wholly-owned subsidiary of WENR Corp., and has been in operation for nine years. Satview holds franchise systems in six markets with plans to expand.
WENR Corporation (PINKSHEETS: WNRC) is pleased to announce the release of its 2011 first quarter profit and loss statement for Satview Broadband Ltd., a wholly-owned subsidiary. The Company reports total income for Satview of $993,445 of which $398,699 was included as a one-time entry due to the purchase of the Elko cable system. This statement reflects only two months of revenue from the Elko system. The profit and loss statement is unaudited and subject to change. Shareholders can expect approximately $750,000 total income per quarter moving forward at current subscription levels. First Quarter Net Income from Satview was $533,043. The profit and loss statement can be found on the Company's website (www.wenr.net).
The Company plans to release Ngensolutions' profit and loss statement for the first quarter in the near future. However, the majority of Ngensolutions' revenue for the first quarter will be posted in the second quarter report.
"We are pleased to announce the Company is profitable," stated Dan Green, WENR's President. "We are currently growing with marketing to new customers, providing DVRs, Internet and telephone service to current customers." Mr. Green continued, "We are also finalizing the buy back of the Company's shares."
Satview Broadband, headquartered in Reno, Nevada, is a wholly-owned subsidiary of WENR Corp., and has been in operation for nine years. Satview holds franchise systems in six markets with plans to expand.
Must be an ihub glitch.
Kinger!! Good to see you back on the board. Going to be a whale of a summer here.
I agree that they would not have survived if they weren't a public company. There is no way he could raise a million a year in capital as a private small biz.
It's called work and marketing skills..90 hour weeks, pounding the pavement, building relationships with the mom and pop stores, building relationships with distributors, building 'raving' fans of the product. In short, it will take EVERYTHING Eric has and will be the toughest thing he's ever done in his life.
soon is good!
You picked a good time to load up, bud.
Any response yet , larimar? I think we could soon see an update on tsx listing.
We could see news any day now on important developments.
You got that right! Getting those first drills in the ground will be huge.
Douglas M. MacLellan, P. Eng
Doug has over 30 years experience in oil and gas after graduating from U of S with a B.Sc. Chem. Eng. Over his career, he has worked positions from junior engineer up to and including President, COO, and CEO of public companies. His experience and expertise spans Canada, the United States, and CIS, with focus in the Engineering and Production sectors of the business.
He is a Professional Engineer with a background in production, reservoir, and economic evaluation in gas, conventional oil, and oil sands (in situ and mineable), as well as drilling and facility and has over a decade of consulting experience in all areas of the energy business including wind energy, ethanol projects, and unconventional gas where his involvement has included both financial and technical evaluations.
He has gained executive experience in developing and carrying out the financing of a start-up public company, establishing field operations overseas as well as managing a heavy oil, and an oil sands group with a major oil company. Doug has successfully managed international negotiations, communications, and personal relationships with an array of senior government officials here in Canada and abroad. His managerial experience has been gained through coordinating and directing the initiation, development, and growth of a major petroleum project and his practical engineering experience has been developed in applying technological advances in horizontal drilling to field success.
Doug has demonstrated his public skills through active involvement in the CPA (Canadian Petroleum Association now CAPP), CHOA (Canadian Heavy Oil Association), ACR (Alberta Chamber of Resources) and the Oil Sands Task Force.
http://www.apexenergy.com/team.html
Brandenburg has assembled its technical team for this project. Mr. Douglas M. MacLellan has joined Brandenburg as a 'technical director' and has assumed the office of Chief Operating Officer. In addition, Brandenburg has engaged the independent petroleum engineering firm of Apex Energy Consultants Inc. ("Apex"). Apex provides energy related technical services both domestically and internationally. Apex has extensive experience in projects in Australia, working in the Cooper and Eromanga basins. Most recently Apex was involved with Drillsearch Energy N.L. on the PEL 92 concession, immediately adjacent to the PEL 112 concession.
Not at all. The other company is putting up the capital and is assuming all the risk. HENC gets the benefit of oil production with no upfront cost and can also use the funds to buy other oil leases. If you read the pr, they say they brought in an experienced manager and hired Apex to coordinate the operation.
HENC News
VANCOUVER, May 25, 2011 /PRNewswire/ - Brandenburg Metals Corp. (TSXV:BBM) ("Brandenburg" or the "Company"), is pleased to announce that it has signed a joint venture letter of intent ("LOI") with Houston-based Holloman Energy Corporation ("HEC"), pursuant to which the Company can earn an undivided 44 % working interest in two onshore concessions known as Petroleum Exploration License 112 ("PEL 112") and Petroleum Exploration License 444 ("PEL 444")(PEL 112 and PEL 444 collectively, the "PELs"). The PELs cover 1,125,000 acres in South Australia's Cooper Basin Western Flank Oil Play. The Department of Primary Industries and Resources of South Australia reports that the Cooper Basin has sourced over 4 billion barrels of oil and 5 trillion cubic feet of recoverable gas. The Cooper Basin has in excess of 120,000 kilometers of 2-D seismic data and more than 1,200 wells in 65 oil and 20 gas fields. The primary "target formations" in both of the licensed areas are the Birkhead, Hutton and the Namur sandstones. Depth for the formations range from 1500-1800 meters.
HEC and the Company intend to enter into a definitive earn-in agreement in relation to the Company's right to earn a 44 % working interest in the PELs (the "Acquisition").
Under the terms of the LOI, the Company will earn an undivided 44% working interest in each of the PELs, as follows:
a) With respect to PEL 112, by paying HEC:
i) AUD$150,000, on or before June 1, 2011, which will be paid into trust and transferred to HEC on execution of a definitive agreement, to be used for seismic work area clearance on the PEL 112;
ii) AUD$450,000, on or before June 1, 2011, which will be paid into trust and transferred to HEC on execution of a definitive agreement, to be used for initiating a 3D seismic acquisition program covering approximately 125 square kilometers on PEL 112 (the "PEL 112 Seismic Program");
(the "Conditional PEL 112 Payments")
iii) AUD $3,050,000, on or before July 1, 2011, to continue to complete the PEL 112 Seismic Program;
iv) AUD$4,500,000, on or before July 1, 2011, which will be paid into trust and transferred to HEC on completion of the PEL 112 Seismic Program, for use in the conduct of a three well drill program on the PEL 112 (the "PEL 112 Drill Program"). In connection with the PEL 112 Drill Program, the Company will sole fund, with up to AUD$4,500,000, dry-hold costs of three wells on PEL 112. In the event any well drilled as part of the PEL 112 Drill Program tests positively for commercially viable production of oil or gas, HEC and the Company will each pay 50% of the total aggregate completion costs respecting the wells.
b) With respect to PEL 444:
i) AUD$150,000, on or before February 1, 2012, for use in seismic work area clearance on PEL 444;
ii) AUD$450,000, on or before February 1, 2012, for use in initiating a 3D seismic acquisition program covering approximately 125 square kilometers on the PEL 444 (the "PEL 444 Seismic Program");
iii) AUD $3,050,000, on or before April 31, 2012, to continue to complete the PEL 444 Seismic Program;
iv) AUD$4,500,000, within 30 days following the initiation of fieldwork on the PEL 444 Seismic Program, for use in the conduct of a three well drill program on the PEL 444 (the "PEL 444 Drill Program"). In connection with the PEL 444 Drill Program, the Company will sole fund, with up to AUD$4,500,000, dry-hold costs of three wells on PEL 444. In the event any well drilled as part of the PEL 444 Drill Program tests positively for commercially viable production of oil or gas, HEC and the Company will each pay 50% of the total aggregate completion costs respecting the wells.
The Conditional PEL 444 Payments will be repaid to the Company in the event HEC and the Company do not enter into a definitive agreement.
The LOI is subject to a number of conditions including certain approvals, and the execution of a definitive agreement.
Beach Energy ("Beach"), one of Australia's largest independent producers, operates Petroleum Exploration License 92 ("PEL 92") which directly abuts the northern border of PEL 112. In 2009, Beach made several new discoveries with an 80 % success rate using 3D seismic in a north to south line above PEL 112. Starting 30 kilometers north with the Parsons field wells (two with initial production ("IP") in excess of 3,000 barrels of oil per day ("BOPD")) followed next by the Perlubie field (IP of 3000 BOPD), next the Perlubie South (IP 740 BOPD) and ending less then 15 kilometers North of PEL 112 with the Butlers Field Discovery (IP 2600 BOPD).
In February 2011, Beach announced commencement of an 11 well drill program on PEL 92.
During the period from February 23, 2011 to May 6, 2011, Beach drilled 4 wells (Parsons-3, Parsons-4, Butlers-2 and Butlers-3) on PEL 92, all of which were successful. The wells encountered oil columns ranging from 9 to 3 meters in the Namur sandstone. The Parsons-3 well flowed at a rate of more than 5,000 barrels/day of oil during cleanup with no water. Beach expects the additional production from the Parsons-3 and Parsons-4 wells will increase its daily production from PEL 92 to around 6,000 barrels/day.
The Company has agreed to pay finders' fees, in relation to the Acquisition, of a maximum issuance of 1,900,000 common shares or units, to Acqua Capital Group, subject to TSX Venture Exchange (the "Exchange") approval.
HEC (http://www.hollomanenegy.com) (OTCBB: HENC) is an international oil and gas exploration and development independent. It is a subsidiary of Houston-based Holloman Corporation ("Holloman")(http://www.hollomancorp.com), one of the largest employee owned engineering, procurement and construction companies in the United States. Holloman's operations extend to three continents and include plant and pipeline construction, oil & gas exploration, mineral exploration, and international heavy-equipment leasing. Holloman's primary focus is on the natural resource, water, and wastewater industries. Its clients include some of the world's largest corporations.
"Holloman is very pleased to have Brandenburg join us in exploring and developing our Cooper/Eromanga holdings", stated Mark Stevenson, Chairman and CEO of HEC and President of Holloman. "We believe PEL 112 and PEL 444 have real value and will provide the basis for successful operations for both organizations. We look forward to long and mutually beneficial relationship."
Brandenburg has assembled its technical team for this project. Mr. Douglas M. MacLellan has joined Brandenburg as a 'technical director' and has assumed the office of Chief Operating Officer. In addition, Brandenburg has engaged the independent petroleum engineering firm of Apex Energy Consultants Inc. ("Apex"). Apex provides energy related technical services both domestically and internationally. Apex has extensive experience in projects in Australia, working in the Cooper and Eromanga basins. Most recently Apex was involved with Drillsearch Energy N.L. on the PEL 92 concession, immediately adjacent to the PEL 112 concession.
There has been substantial 2D seismic and geological work done on PEL 112 and PEL 444. To date, in its review of available data Brandenburg has identified 30 prospective oil leads on those properties, of which 10 have been characterized as "high-priority". Independent engineering studies indicate these high priority leads have a risked, Potential Resource Estimate of 30 million barrels of oil contained primarily in the three target formations.
The Company also wishes to announce that it will be conducting a partially brokered partially non brokered financing (the "Private Placement") for gross proceeds of up to $12,500,000. The Private Placement will be an offering of units of the Company at a price of $0.35 per unit, with each unit comprised of one common share and one-half of one warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase an additional share (a "Warrant Share") of the Company for a period of two years from the closing date of the Private Placement at a price of $0.55 per Warrant Share.
The Company may pay commission consisting of 8% in cash and issue 8% in broker's warrants in connection with the brokered portion of the Private Placement. A Finder's Fee of 8% in cash may be paid on the non-brokered portion of the Private Placement, which may close separately from the brokered portion.
The proceeds from the Private Placement will be used for general working capital and for drilling the PELs.
The Acquisition is a "Fundamental Acquisition" in accordance with the policies of the Exchange. Both the Acquisition and the Private Placement are subject to Exchange approval.
On behalf of the Board of Directors
BRANDENBURG METALS CORP.
Karl Antonius
President & CEO
We seek Safe Harbor.
Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.
I'm sure Eric is doing the best he can. 90 hour weeks are commonplace for startup ceo's.
What are your thoughts on Duane Reade and Walmart Canada? Can Eric close those deals by end of June?
I'm sure they are doing the best they can.
thats impossible, it works on everything from what i understand.
Should be getting closer to a tsx listing.