Wanderport Corp (WDRP)

[sunspotter]

"However, the shareholders OWN the company, THEY are employed by the shareholders. Isn't that how it is supposed to be?"

That is indeed how it is supposed to be.

However, in Pink Sheet Scam land, where WDRP lives, the "management" always makes sure they are also the majority shareholder.

The retail shareholder (or "mark", as WDRP insiders like to call them) is always in a minority, and is often wiped out overnight by the common tactics of reverse split or bankruptcy.

Unusually there is no detailed information concerning the ownership of WDRP, even in what passes for its annual report although it's claimed that Simoneau owns 400 million of the claimed O/S of 642 million:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=73970

You can be sure that the real O/S is much higher, and that majority control rests with Jean François Amyot and his cohorts.