WENR Corp. (OTC:WNRC) (wenr.net), announced today that the Board of Directors has decided to schedule a shareholders' meeting in the near future to increase the authorized shares and position the Company for a possible merger or acquisition. The board also discussed a possible stock dividend to shareholders if circumstances warrant. "Our goal is to increase shareholder value, further develop the assets of Media Gems and pursue our oil and gas program," said Dan Green, the Company's CEO. 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 Corporation 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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