From Facebook:
WANDERPORT CORPORATION UPDATE - November 26, 2013
Wanderport Corporation acknowledges numerous inquiries relating to the status of the company and more specifically product testing and future timelines. At last word (Wednesday November 20, 2013), Robert Simoneau has informed us that his agent in Asia has received partial shipment of components but nonetheless is awaiting the remaining components still in production. Once all the components are received, they must undergo inspection by China’s border inspection prior to being exported to North America.
In view of that, we are acutely aware of investor sentiment at this time and we share those sentiments due to the numerous delays which have crippled the company’s ability to attract funding and to produce the water heater according to a suitable timeframe. The delays and problems arising from the need to test the microwave water heating unit are unacceptable. That said however, testing the unit by a qualified independent third party laboratory remains the lone method to validate “in house” performance results and fundamental to achieving the milestones documented in the company’s disclosure statements and news releases, otherwise the microwave water heater’s professed merits could be considered inconclusive.
Admittedly, the lack of funding and dependence on the inventor whose time is very limited are making the product’s development a costly and painstaking process which may require re-evaluation because the company’s growth and direction are at stake. That said and compliant with our focus on “green” technologies, Wanderport Corporation is continuing to pursue third party independent testing for the microwave tank-less water heater while carefully monitoring the situation in order to consider the best possible strategy to position this company for future success in the marketplace in the near future.
About Wanderport Corporation: Wanderport Corporation is a publicly traded company which acquired the global exclusive licensing, distribution and proprietary rights to a unique microwave energy tank-less water heater solution. The company has been dedicated to converting the technology into a marketable eco-friendly, efficient product. Wanderport’s objective is to build a sound and profitable company by marketing and distributing the world’s first revolutionary alternative to existing less-efficient water heating systems. The proprietary heat engine technology was the proud recipient of the 2005 TIPTA award (TCA; Toronto Construction Association, Innovative Product and Technology Award), awarded by the National Research Council of Canada recognizing excellence in product innovation and technology development. Important Information about Forward-Looking Statements: Statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services to be offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating efforts. Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management's plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect current judgment regarding the direction of the business operations of Wanderport Corporation, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release. These statements are predictions and involve known and unknown risks, uncertainties and other factors, including the risk that Wanderport Corporation cannot execute its business plan for lack of capital or other resources, distribution, licensing/acquisition opportunities or internal partnering issues or restructuring/resignation which may modify existing licensing agreement, arrangements and/or contractual obligations, as well as the risks described in the periodic disclosure documents filed on OTCMarkets.com by Wanderport Corporation, copies of which are also available on the company's website. Any of these risks could cause Wanderport Corporation or its industry's actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by the forward-looking statements in this press release. Except as required by applicable law, including the securities laws of the United States, Wanderport Corporation does not intend to update any of the forward-looking statements to conform these statements to actual results.
