WENR Corp. (OTC:WNRC) (wenr.net), announced today that the Board of Directors has agreed to explore merger candidates for WENR Corporation to enhance shareholder value. The Company is re-structuring to be in a position to merge with a company. The Company will search for going concerns that have significant assets and a revenue stream. Furthermore, any merger candidate will need to work with the Company to follow through with the plans for the oil and gas participation and the development of Media Gem's film library. The Company has formed a wholly owned subsidiary for the purpose of acquiring oil and gas properties and participating in new oil and gas drilling. The Company is evaluating various properties in the Rocky Mountain region and will soon make a decision on which to focus the subsidiary. Media Gems controls an extensive library incorporating over 15,000 titles. Along with its vast content library, it has access to editing and authoring facilities, distribution facilities, as well as fulfillment facilities. It also will deliver digital content via the Internet for Video on Demand with its "State of the Art" streaming technology for broadband events. WENR is a holding company that acquires technology and technology companies. It provides senior management assistance for product and market development and secures working capital. 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 that any projected results (expressed or implied) will not be realized.
Wenr (CE) (USOTC:WNRC)
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