WENR Corp. (WNRC)

[erpy]

I guess for me the call was a bit dis-appointing in the sense that there was no significant event that one might have expected for a companys first conference call. I am sure that is part of todays selling.. They seemed sincere.

I thought it was interesting that they bought each subscriber from the hedge fund at like 600$ per or something like that yet the hedge fund paid like 1800$ per subscriber and the reasoning was that the hedge fund contracted everything veruss WNRC doing most of it themselves. Pretty good that they get each subscriber at 600$ each yet the going market is $4000 per subscriber is it real?

I also dont like that they dont see being audited and fuly reporting as a very high objective. My experience is you can't trust numbers for anything if they are not fully audited. Heck it hard to trust numbers from even fully audited companies.

Anyway it sounds like they really need to get additonal subscribers and I would not expect any stock response until they close the LOI as a deal and/or find additional similar ones and subscribers. Wish they would have clarified if the end goal was to get enough subscribers that they would be a buyout target and what they thought would make them an attractive buyout target.

I guess we can hope the little bit of promotion they noted to a few nearby brokers will help but it didn't sound like they were pursuing obtaining/promoting additional shareholder interest as an additonal objective of the management team.

Just my honest two cents.