Wanderport Corp (WDRP)

[gharma]

The complete legal document Wanderport and Robert (and/or his company) executed would have to be examined. The agreement would spell out the expectations for performance and conditions vacating the agreement if it is like most such agreements.

That said, Robert would only have to wait out a demise of Wanderport, whether its bankruptcy or other dissolution, to have an agreement in default. If the document specified there are rights of transfer then issues of a bankruptcy sale could enter the picture, but as Wanderport currently shows $4.7 million USD accumulated debt (to whom is not disclosed, but it appears perhaps to be for consultancy fees at an $11,000 per month rate, but that would only be part of it) that/those creditor/s might have ranking in a dissolution.

In any event, it appears that Robert is in possession of all technology, is deeply privy to all IP from the development effort, and the relationships forged. I do not know is whose name the more recent patent applications have filed under, although the financial filings in 2011 make it appear the filing(s?) was paid for by Wanderport using money from two $10,000 private loans from involved parties.

Suppose Robert wants to disassociate himself from a nasty mess ....