Wanderport
Corporation
Appoints New
President
and Provides Corporate Update
Santa Monica, CA
-- July
26,
2018 -- InvestorsHub
NewsWire -- Wanderport
Corporation (OTC
Markets: WDRP),
a
premier manufacturer
and distributor of food,
beverages and consumer products
made with hemp,
is
pleased to announce a change in
management and update of corporate activities.
The Company's board
of directors has accepted Mr. Ty Cha resignation and subsequently
appointed Ms. Liliana Vo as its President and Interim Chief
Executive Officer.
Ms. Vo is a seasoned
entrepreneur with nearly 20 years of
operational
and management experience in the healthcare industry, including 5
years in the cannabis industry. Currently, she is the Director of
Operation of a Medical Cannabis consultancy that creates
personalized health plans for people suffering from degenerative
diseases and other serious health issues, which include safe and
appropriate use of Medical Cannabis, in particular
Cannabidiol
(CBD)
based
medicine.
The
online
and retail sales of the hemp
coffee and tea line
remain
steady with an upsurge in the
CBD
blends due to increase in demand from new distributors.
The Company had
previously put on hold its online ecommerce
development with
cryptocurrency
payment
processing due to the lack of proper and reliable
support
from the
crypto
services.
With the recent development in technology, the Company is
redirecting its
focus back
to the
effort.
The Company
also reduced
its near-term scope to focus on several key areas
such
as coffee and
tea, alcohol beverages
and new
CBD
based
products. Wanderport
has
formed a partnership with a major CBD organization
and
plan to
develop several
new
businesses from the relationship.
Additional information regarding this venture
will be
provided as business develops.
The production and
distribution of hemp beer in California has been temporarily placed
on hold due to regulatory requirements. In lieu of that
effort, the Company
has
been collaborating
with its
partner, Sipp Industries, on alternative solutions to produce and
distribute hemp beers to a wider market.
The coffee flavor
beer is still being
considered for
this
year availability.
The preliminary work on the product has been done
and production can be
completed in a short time frame.
For diversification,
the Company has also
been working with its wine and spirits partner to secure
distribution rights to several lines of premium quality beverages.
Additional details of this initiative
will be
provided in the near future.
"With my extensive
healthcare experience,
I am delighted
to lead
the Company in this next growth phase. We are excited about the
pending passing of the hemp farm bill and the potential market for
hemp as a result. Our mission is to
position Wanderport
as a
major participant in the industrial hemp and
CBD market while
supporting a healthy lifestyle and creating value for our
shareholders," commented Vo, Interim Chief Executive
Officer.
About
Wanderport
Corporation
Wanderport
Corporation is a
premier manufacturer
and distributor of food,
beverages and consumer products
made with hemp.
Its
premium quality coffee blends are currently being sold in a growing
number of grocery stores and small businesses in the Southern
California territory. Its products are also sold online at
www.sapacoffee.com and www.amazon.com. For more
information, please
visit http://www.wanderportcorp.com.
Facebook:
wanderportcorporation
Twitter:
@wanderportcorp
Instagram:
wanderportcorp
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:
Sully
Jacques
ir@wanderportcorp.com
(310)
526-8720