Wanderport Corporation Appoints Interim CEO and Announces
Corporate Update
SANTA MONICA, CA -- October 6, 2016 -- InvestorsHub NewsWire --
Wanderport Corporation (OTC
Markets: WDRP), a premier distributor of food, beverages and
consumer products, announces the appointment of interim CEO and
corporate updates.
To pursue other personal interests, Mr. Eric Brown has resigned
as the Companys Chief Executive Officer. The Companys board of
directors has accepted Mr. Browns resignation and subsequently
appointed Ms. Anna Seidman as the Companys interim CEO.
In conjunction with its change of management, the Company has
also implemented a few changes to its business model. As previously
stated, management has assessed past performance and decided to
discontinue the selling of slow moving and low margin products. As
a result, the Company will launch two new e-commerce websites in
the next few weeks to sell hemp infused coffee and cannabidiol
(CBD) infused vape e-juices and tinctures.
Wanderports coffee beans are premium beans sourced from Central
and South America. They will be marketed under the brand of Sapa
CoffeeTM. The initial product line will consist of three flavors,
Colombian, Hazelnut and French Vanilla. These products will be sold
through wholesale, retail and online channels. Bulk hemp coffee
will also be available for co-packing and private labeling.
To meet the strong market demand, Wanderport will also offer a
line of CBD infused vape e-juices and tinctures. The line will
initially consist of approximately a dozen flavors. The products
will be available in varying CBD amount ranging from 50 mg to 300
mg.
I am excited to be part of Wanderport as it transitions into its
new growth phase. We have received overwhelming positive response
to our sample hemp coffee and are optimistic that this product will
sell well, said Anna Seidman, CEO of Wanderport Corporation.
Based on market research, the global Vaporizer and E-Cigarette
market is projected to grow at a CAGR of about 22% over the next
decade to reach approximately $53.8 billion by 2025.
We are equally optimistic in the market potential of our CBD
e-juices and tinctures and are eager to offer our products to the
masses. added Seidman.
About Wanderport Corporation
Wanderport Corporation is a premier distributor of food,
beverages and consumer products. For more information, visit us at
http://www.wanderportcorp.com.
Online Store: www.wanderportstore.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