Wanderport
Corporation
Announces
Launches of New E-Commerce Website and Cancellation of 54M
Shares
SANTA MONICA, CA --
December 11, 2019 -- InvestorsHub NewsWire
-- Wanderport
Corporation (OTC
Markets: WDRP), a premier manufacturer and distributor of food,
beverages and consumer products made with hemp, today announces the
upcoming launch of its new e-commerce website and cancellation of
54M Common shares.
As part
of a new growth initiative, the Company has been working on
developing a new e-commerce website to offer a range of products
with a focus on health and wellness. Some of the initial
categories include food and beverages, personal care, pain
management, dietary supplements, and pet products. The site
will carry hemp-based goods, in addition to, a wide variety of
products that support a healthy lifestyle.
The
Company is in the process of procuring the products
and
finalizing its
fulfillment process. The site is expected to go live before the end
of the month.
Due to
placing heavy emphasis on quality control and taking extra steps in
working with manufacturers to ensure the
products
meet the highest standard, the development and production of the
Company's Hemp and CBD products are taking longer than expected.
However, the Company expects to start rolling out new products
sometime in January.
As an
effort to improve the capital structure of Wanderport,
management has secured, from a third party, 54M shares of its
Common stock and is working with the transfer agent to cancel and
return those shares to the treasury. Management will continue
to improve the balance sheet by negotiating and securing additional
shares or notes for cancellation.
"Wanderport
has been
working diligently to address some operational issues
and
overcoming
several
hurdles
related to product development. The challenges are mostly
behind us and we look forward to accelerating the growth phase with
the introduction of our new website and product lines," commented
Miki Takeuchi, CEO.
About
Wanderport
Corporation
Wanderport
Corporation is a
premier manufacturer
and distributor of food,
beverages and consumer products
made with hemp.
Its
premium quality coffee blends are currently being sold in a growing
number of boutique
retail stores and small
businesses in the Southern California territory. Its products
are also sold online at www.sapacoffee.com
and www.amazon.com.
For
more information, please
visit http://www.wanderportcorp.com.
Facebook:
wanderportcorporation
Twitter:
@wanderportcorp
Instagram:
wanderportcorp
Forward Looking
Statements:
Statements made
herein constitute forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially
from those stated or implied by such forward-looking statements.
The potential risks and uncertainties include, among others,
potential volatility in the company's stock price, increased
competition, customer acceptance of new products and services to be
offered by the company, and uncertainty of future revenue and
profitability and fluctuations in its quarterly operating
efforts. Forward-looking statements are projections of events,
revenues, income, future economics, research, development,
reformulation, product performance or management's plans and
objectives for future operations. While these forward-looking
statements and any assumptions upon which they are based are made
in good faith and reflect current judgment regarding the direction
of the business operations of Wanderport
Corporation, actual
results will almost always vary, sometimes materially, from any
estimates, predictions, projections, assumptions or other future
performance suggested in this press release.
Contact:
Wanderport
Corporation
www.wanderportcorp.com
Investor
Relations:
Miki
Takeuchi
ir@wanderportcorp.com
(310)
526-8720