new path is C:\Users\wolf\desktop\newfolder"C:\Program Files (x86)\Java\jre7\bin\java" -jar -Xmx1g -Xms1g tekkit.jar" nogui
pause
new error is "the filename, directory name, or volume label syntax is incorrect.
and I didn't quite understand what you meant by move the batch file to the same folder as your server files. I just extracted the files to new folder on my desktop and ran the launch.bat.