WENR Corp. (WNRC)

[brazillian80919]

Well, I kind of expected this after listening to the CC. Yes, Dan and Tariq laid out a great plan, that will be executed over the next 12 months or so. Unfortunately, that is an eternity in the investing world. Especially, if you like to move your money around. Part of the problem with the CC is that they didn't really reveal anything new, and they didn't use the time to get the investing world excited about future activities. It was just the opposite. They gave a decent amount of info, and then said we really don't care about the share price just now. Mind you I like the plan they laid out, but here in penny land quick hitters want some big juicy piece of information that allows the price to be pumped up so the great sell can begin. There is no doubt that we will, eventually, see the share price catch up to value, but it may easily be another year. Here is some simple calculations based on subscriber worth. This does not include ad revenue from TV and radio which will more than double over the next year.

Here is what we have now:

$2000 per sub * 6000 = $12,000,000

12/38 current shares = 31.5 cents

12/30 after shares are redeemed = 40 cents

Next year with 10000 subs and a built out system;

$3000 per sub (conservative) * 10000 = $30,000,000

30/30 = $1.00 per share

The market should be forward looking and even with today's structure and subs we are way under valued. This has become a market of impatience for sure. What I do not understand is why not buy now, and in a year you save 15 - 20% in taxes. Investors are crazy. I have said before that I thought this was going to be a long term hold even from here. It will be possible to see .50 cents - $2.00 but it will take 10 - 18 months. That is just the way it is. GL.