Interesting article. I have a feeling this is a scam, they are putting out all these PR's stating that they have signed LOI and contracts overseas, but we have no idea what exactly is in these contracts. As of right now they don't even have a product.
In March, 2007, the rogue Wanderport Corp. put out a press release claiming to be a Quebec company. Announcing it was now trading under its “new ticker symbol WDRP,” it even quoted one of Stacey’s business partners at Wanderport Wireless. Since then, the firm appears to have specialized in confusing investors. It recently billed itself as a U.S. holding company focusing on LED lighting. Last December, it was an airline services play. In November, it was making “key investments in biotechnology start-up companies.” The month before, it was focused on U.S. banking. And last June, it was making major oil and gas acquisitions in Russia. Enough said.