Wanderport Corp (WDRP)

[StinkyPinkSheet]

I agree they are all valid commitments. What they are not is guaranteed sales or revenue dollars. IMO, if they were actual guaranteed dollar amount contracts, the PR would state that. A company does not PR something lesser than what it is. Usually, they use big words to make things sound bigger than they really are.

From the wording of the some of the PR's, they sound more like "contracts" with commitments:
“Wanderport Receives Increased Sales Commitment From Australia to $123 Million USD”
“Based on the terms of the contract, management now estimates revenues from the recently announced $50 million to be increased to $123 million, representing 275,000 units over 5 years.”
I’m sure the commitments go both ways (Wanderport to produce X amount, and the distributor to sell Y amount).
Instead of “big” words, I think that vague words are used because the commitments are based on a lot of different factors that are not 100% guaranteed yet (performance, the market, etc)…
“Deltoid's projected commitment is roughly 25,300 units within a five year period equivalent to $11,385,000 USD in revenue”
“Contractual sales commitments are estimated in the neighborhood of 21,000 units to be sold over a 5 year period in the country of Italy based on a selling price of $450 USD equal to $9,450,000 USD over the same period.”

I just don't understand why a company spends all that time and money securing sales commitments when all that effort and money could be committed to getting a product to market. If this thing is as great as they claim, once product is manufactured, the distributors will come to them in droves. WDRP has decided on this style of business plan and this is how they are going to grow the company - so be it. Now, it is time to focus on getting the product manufactured to specs and into the market.
The time spent securing sales commitments is a very important part of the startup process…without commitments, contracts cannot be made with the parts manufacturers, funding cannot be established to begin manufacturing, etc.

Hope for a green day. Good Luck Everyone.