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Saturday, December 3, 2022

Wanderport Corp. (OTCMKTS: WDRP) Breaking Out as Co Announces its Moving into EV’s and EV Charging Stations

Wanderport Corp. (OTCMKTS: WDRP) is making an explosive run northbound in recent trading as the Company takes initial steps to enter the automotive sector.  Its goal is to be an active participant in the burgeoning electric vehicle (EV) space via manufacturing and distribution of components as well as EV related services.  WDRP plans to accomplish this endeavor through partnerships and creating an equity portfolio of established companies that are currently serving this industry.  

Management has also committed to strengthen the Company for growth and recently reached an agreement to secure and cancel an additional 10M shares of its Common stock, bringing the total shares to be cancelled to 30M.  This is in addition to over 54M shares cancelled in 2021. Management is open to further negotiation for share cancellation if necessary to support its future expansion efforts. WDRP achieved a high of $0.209 in the first few days of 2021 and this is currently the price to beat; a break over and its blue skies ahead for WDRP.  

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Wanderport Corp. (OTCMKTS: WDRP) operating out of Santa Monica, California WDRP is a holding company formerly specializing in blockchain, digital asset and metaverse. The Company’s new focus will be in the areas of automotive, electric vehicles, energy and manufacturing. Recently the Company pivoted into the booming EV space with a goal to be an active participant in the burgeoning electric vehicle (EV) space via manufacturing and distribution of components as well as EV related services.  The Company plans to accomplish this endeavor through partnerships and creating an equity portfolio of established companies that are currently serving this industry. 

On September 29 WDRP providerd a business update including the cancellation of common shares and pivot into the automotive and energy sectors. 

Share Cancellation 

As part of management’s commitment to strengthen its position for growth, the Company had reached an agreement to secure and cancel an additional 10M shares of its Common stock, bringing the total shares to be cancelled to 30M.  This is in addition to over 54M shares cancelled in 2021. Management is open to further negotiation for share cancellation if necessary to support its future expansion efforts. 

Automotive Sector 

The Company has taken initial steps to enter the automotive sector.  Its goal is to be an active participant in the burgeoning electric vehicle (EV) space via manufacturing and distribution of components as well as EV related services.  The Company plans to accomplish this endeavor through partnerships and creating an equity portfolio of established companies that are currently serving this industry. 

Energy Sector 

Wanderport is formulating plans to enter the green energy sector.  Its main focus will be in the areas of clean renewable energy as well as products to serve the EV market such as charging equipment or stations. There has been a strong global push for electric vehicles and clean energy.  Recent development in the United States includes a new $5 billion infrastructure bill that will allow every state in the US, District of Columbia and Puerto Rico to have access to federal funds for charging infrastructure projects. The Company plans to participate in this sector with related products and services for the residential and commercial usage.  

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WDRP

Manufacturing 

Due to economic and geopolitical factors, there has been a sizable amount of corporations establishing manufacturing capability in Vietnam.  This presents huge growth opportunities for the manufacturing sector and supply chain there.  Aside from exporting, many of the products manufactured in Vietnam can also be sold to the fast-growing local consumer base. The Company plans to capitalize on this growth trend through mergers and acquisitions, particularly as they are related to electric vehicles and consumer goods. 

Divestiture 

The Company has been gradually divesting its current businesses to focus on the new direction.  The health coffee line will be discontinued once inventory has been depleted.  All blockchain related assets have been assigned to UA Multimedia, Inc.  The Company will continue to collaborate with UA on future technical projects. 

Mergers and Acquisitions 

Management believes that a sound path to growth is via accretive mergers and acquisitions.  For the near-term, the Company plans to leverage its publicly traded status to build an equity portfolio of companies serving the automotive, energy and manufacturing sectors. 

Uplisting 

Management has set a goal to uplist to a fully reporting company as soon as practicable.  This will enable Wanderport to access larger investors or institutions which the Company needs in order to support its long-term growth plans. The Company will proceed to return its status to current with OTC Markets.  There was no material change in its operations, share and debt issuance since the last filing. 

Wanderport CEO Miki Takeuchi stated: “Wanderport is firmly committed to creating shareholder values. After seeing the growth opportunities in our current busines model diminished, we pivoted to the areas of automotive, energy and manufacturing which we believe have strong growth potential for the foreseeable future.  We have made a few initial steps into these new ventures and plan to provide additional details soon.” 

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Currently trading at a $5.7 million market valuation WDRP OS is 690,533,333 shares and about 478,200,000 shares in the float. The stock is on the move as the Company takes initial steps to enter the automotive sector.  Its goal is to be an active participant in the burgeoning electric vehicle (EV) space via manufacturing and distribution of components as well as EV related services.  WDRP plans to accomplish this endeavor through partnerships and creating an equity portfolio of established companies that are currently serving this industry. Management has also committed to strengthen the Company for growth and recently reached an agreement to secure and cancel an additional 10M shares of its Common stock, bringing the total shares to be cancelled to 30M.  This is in addition to over 54M shares cancelled in 2021. Management is open to further negotiation for share cancellation if necessary to support its future expansion efforts. WDRP achieved a high of $0.209 in the first few days of 2021 and this is currently the price to beat; a break over and its blue skies ahead for WDRP. We will be updating on WDRP when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with WDRP.

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Disclosure: we hold no position in WDRP either long or short and we have not been compensated for this article.

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