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$WDRP 100M Share Reduction! Wanderport Announces Corporate Update and Retirement of One Hundred Million Shares of Common Stock

http://finance.yahoo.com/news/wanderport-announces-corporate-retirement-one-123000316.html

SANTA MONICA, CA--(Marketwired - Sep 17, 2015) - Wanderport Corporation (OTC: WDRP), a premier distributor of food, beverages and consumer products, today announced its corporate update and retirement of one hundred million shares of common stock.

Since the launch of the Company's online store, www.wanderportstore.com, sales have been brisk. In addition to its current line of CannaEnergy™, DuBe® energy shots and Cannabissimo Coffee™, the Company recently added Hemp Protein Powder and Hulled Hemp Seed. The Company is also evaluating a few additional food, beverage and skin products which it hope to offer in the near future.

The Company had opened in excess of twenty new accounts this quarter. It is also in a negotiation phase to sign on two new distributors to distribute its products throughout California and Nevada.

To accelerate its growth, the Company is seeking to acquire small local food and beverage distributors. It is currently in talk with a few candidates and expects to consummate a transaction sometime next quarter.

In an effort to improve its capital structure, the Company had successfully secured and retired one hundred million shares of its common stock. The Company is also in talks with financiers to raise working capital to support sales and marketing of existing products as well as to introduce its own brands.

"As an emerging company, we must continually evaluate our progress and make adjustments as necessary to enhance our shareholder values," said Eric Brown, CEO of Wanderport Corporation. "To improve our sales, we are aggressively opening new accounts, forming partnerships or acquiring distributors to help with product placement. Our sales channels are expanding on a steady basis and we plan to capitalize on that with the addition of new product lines," added Brown.