- Oops!Something went wrong.Please try again later.
Company to Cancel 10M Common Shares to Further Streamline Its Balance Sheet
Santa Monica, California--(Newsfile Corp. - April 14, 2021) - Wanderport Corporation (OTC Pink: WDRP), a premier producer and distributor of food, beverages and consumer products with a focus on wellness and healthy lifestyle, is pleased to provide updates on Crypto 9 Coffee online store, non-fungible token (NFT) direction and share cancellation.
The online store for the Crypto 9 Coffee has been launched. The initial product line consists of three flavors - Plain, Clarity and Healing. All flavors have a blend of Colombian and Kona beans as the base. The Clarity flavor contains a blend of Lion's Mane extract for improved focus, mood and memory. The Healing flavor contains a blend of Turmeric and Curcumin extract for improved immunity and health.
The coffees will soon be available for purchase via Amazon and selected retail stores. Customers for the online store can earn reward points which can later be redeemed for Ethereum-based Crypto 9 (CRTN) tokens.
Crypto 9 tokens are currently in the distribution phase. Aside from purchases, CRTN can be earned from participating in contests, drawings and other community activities. Earning events will be announced via Facebook (wanderportcorporation) and Twitter (@wanderportcorp and @crypto9coffee).
The Company is evaluating a few exchanges and plans to list CRTN on a minimum of one exchange sometime in Q3.
As part of an additional revenue stream and social effort, the Company is launching an NFT service where it will acquire and resell digital arts with a requirement that a percentage of the proceeds be allocated to organizations that support mental health or fight against cancer.
The NFT website is under development and is expected to be launched next month. Users of the site can earn CRTN by buying, selling or promoting the listings.
As an on-going effort to streamline its balance sheet, in addition to the previous 54M shares, the Company had successfully negotiated and received approval for cancellation of another 10M shares of its Common stock. The Company will work with the transfer agent to make the cancellation effective sometime next week.
ETrade and TD Ameritrade's systems had recently detected what they deemed as unusual trading activities of the stock and as a result, restricted online opening of WDRP positions. Investors can still purchase WDRP by placing their orders via phone. Other major online brokerages are not affected as regular online purchases are still allowed.
There are no negative material changes in Wanderport's business. The Company is not aware of any compliance or regulatory issue. The Company will continue to work with the brokerages to resolve the matter as soon as possible.
About Wanderport Corporation
Wanderport Corporation is a multifaceted company and premier producer and distributor of food, beverages and consumer products with a focus on wellness and healthy lifestyle. Its premium quality Healthy coffee blends are currently being sold in a growing number of boutique retail stores and small businesses in the Southern California territory. Its products are also sold online at www.crypto9coffee.com, www.sapacoffee.com, https://wanderbrands.com/ and www.amazon.com.
For more information, please visit http://www.wanderportcorp.com.
Forward Looking Statements:
Statements made herein 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. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80396