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Wanderport Corp. (OTCMKTS:WDRP) Remains Volatile Amid Fewer Updates

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Wanderport Corp

Wanderport Corp. (OTCMKTS:WDRP) has recorded an overall downward trend, during the last month, falling from over $0.0125 per share, $0.006 per share, during the period. The trend is not surprising, given that the company has been silent for almost the same period. The last update from WDRP was released on February 13, 2017, when it introduced new flavors of its hemp and Hemp infused coffee blends. As such, it is highly unlikely that the stocks gains from the March 9 trading session would hold, for too long.

Last month, the company added a total of six new flavors of its hemp and Hemp infused coffee, on its Sapa Coffee, online retail store. Although the blends were initially released to a select few customers, for evaluation, a full slated release was to be initiated in the following weeks. Until now, there has been no update on the matter and the company is yet to update shareholders about the success of the new flavors. Wanderport offers up to 200 mg of Hemp, per bag and has reassured consumers that the product is THC free. As such consumers would not test positive for psychoactive compounds.

Anna Seidman, the CEO of WDRP, expressed her pleasure at the addition of the new flavors. She stated that the company has been very selective with its flavor offerings and now they can focus on brand exposure, to obtain exponential results. Originally Wanderport had planned to build its presence in the online marketplaces, following the placement of logistics processes, for large scale distribution. However, there has been no word on the matter, as of yet.

Furthermore, Wanderport had also hinted that it was undertaking a number of other initiatives, which would broaden their distribution channels, while also adding additional revenue streams. The management had also promised to update on this matter, as things developed, but has to issue them as yet. Unless the company can improve its interaction with the shareholders, WDRP is expected to remain volatile in the stock market.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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