SANTA MONICA, CA, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Wanderport Corporation (OTC Pink: WDRP), a solution provider using blockchain, digital asset and metaverse technology to offer products and services related to the areas of health, wellness, education and commerce, is pleased to announce the cancellation of 10M Common shares.
As part of the reorganization effort, the Company had reached an agreement to secure and cancel 10M shares of its Common stock. As the result, the total outstanding shares will be reduced to 680,533,333.
To further the Company’s effort to improve the balance sheet in preparation for future growth via mergers and acquisitions, the Company is in talks with other shareholders to acquire and cancel additional shares. Management expects the subsequent share reduction to be accomplished later this month.
As a near term goal, the Company seek to elevate its operations and uplist to a fully reporting company. This will allow Wanderport to reach another level of investors, which it needs to support the anticipated growth.
The Company’s new focus is on offering practical solutions based on blockchain, cryptocurrency and metaverse. The solutions will aim at improving the way people stay healthy, learn and conduct commerce. Growth in these areas will be achieved organically or by acquiring strategic assets or complementary entities that are in the same space.
“Wanderport’s new direction with blockchain and metaverse is a game changer for the Company,” commented Miki Takeuchi, CEO. “We expect the new initiatives to have a huge impact on our business and anxious to move full speed ahead. We appreciate all of our shareholders’ support and look forward to providing updates as milestones are reached,” concluded Takeuchi.
About Wanderport Corporation
Wanderport Corporation is a solution provider using blockchain, digital asset and metaverse technology to offer products and services related to the areas of health, wellness, education and commerce.
For more information, please visit https://wanderportcorp.com.
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Twitter: @wanderportcorp
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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.
Contact:
Wanderport Corporation
www.wanderportcorp.com
Investor Relations:
Miki Takeuchi
ir@wanderportcorp.com
(310) 526-8720
