August 01, 2012 07:15 ET
WENR Corporation Reports Record Revenue for Q1
RENO, NV--(Marketwire - Aug 1, 2012) - WENR Corporation (
The Company has hired additional sales personnel to deploy the new marketing plan. The Company has seen immediate increase in new subscriptions.
Review of Operating Results | 3 Months Ended | ||
Mar 31, 2012 | |||
Revenue | $ | 596,188 | |
Cost of Services Sold | 267,453 | ||
Operating Expenses | 304,722 | ||
Net Income (loss) | $ | 24,013 |
The current shares outstanding are 38,786,542 shares. Six million shares have been returned to the Company but not cancelled by the transfer agent; leaving 32,786,542 shares outstanding. The Company is still in the process of receiving additional shares.
WENR Corporation is a media holding company, which has two wholly-owned subsidiaries, Satview Broadband Ltd., and Ngensolutions LLC.
Disclaimer
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 any projected results (expressed or implied) will not be realized.