WDRP - Almost a 400% Gain Since The Guru Brought This Stock To Readers

WDRP has been on a rampage since we brought this stock to readers a few weeks back.
A few press releases appear to be the impetus for today's move. It is pasted below.

With the amount of buying going on it is hard to argue with the bulls. This stock could very well see another 50% worth of upside before a healthy pull-back occurs.



Wanderport Releases Share Structure
NEW YORK, NY, Feb 25, 2010 (MARKETWIRE via COMTEX) -- Wanderport Corp. (PINKSHEETS: WDRP) today released its current share structure following a return and cancellation of 130 million shares to treasury.

As previously reported by the company, reasons for returning the 130 million shares are threefold. Shares controlled by outgoing President, Mr. Barry Somervail, have been returned, as well as, shares destined for the acquisition of a percentage participation in an electric vehicle project that was never consummated. Lastly, Mr. Robert Simoneau, product licensor and Wanderport's Technical Product Advisor, has graciously returned a portion of stock to the treasury, as a result of Wanderport satisfying a timeline milestone towards production.

To provide transparency to shareholders Wanderport has provided this timely information as per below: Until the company's recent announcement that 130 million shares were being returned to treasury for cancellation, Wanderport's share structure had not been modified since September 30th, 2009 when the company filed its Initial Company Information and Disclosure Statement. However, approximately 15 million shares were not issued in time for the filing in September 2009. As a result, the actual revised total shares outstanding are 642,500,940 including the return of 130 million to treasury.

Further to this, the company has learned that the transfer agent had erroneously indicated that the company's restricted stock total was only 60 million shares when it was really 560 million shares prior to the return and cancellation of 130 million shares to treasury. The company hopes this has not inconvenienced shareholders.

In management's opinion and after corresponding with the transfer agent, the following is the most accurate share structure: Authorized Shares: 1.2 billion Outstanding Shares: 642,500,940 Restricted Stock: 430,000,940 million shares Float share estimate: 212,500,000 Number of shareholders on record: 375

"With Sales forecasted in the area of 144 million over five years, and total outstanding shares of 642,500,940, Wanderport is on target for $0.22 revenues per share over the same period and with our projected sustained growth, a larger sales figure is to be expected," stated Richard Martel, Wanderport's President and CEO. "A multiple of 5 times sales would bring revenues per share to $1.12 , which is an excellent value for shareholders and it is our objective to continue to build sustainable shareholder value for years to come," continued Mr. Martel.

About Wanderport Corporation: Wanderport Corporation is a holding and business development company making investments, acquiring licenses and deployment of environmentally friendly "Green" technologies such as, primary alternative, renewable energy and energy saving products namely Pulsar's microwave energy tank-less water heater, which reduces water and energy consumption as well as global dependence on oil. Pulsar Advanced Technologies Inc. was the proud recipient of the 2005 TIPTA award (TCA; Toronto Construction association, Innovative Product and Technology Award), recognizing excellence in innovation in product or technology development, or its application of its microwave energy tank-less water heater.

Important Information About Forward-Looking Statements: Please be advised that statements made herein, other than historical data, 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.

Contact Wanderport Corporation at:
www.wanderport-ir.com
Email: inquiries@wanderport-ir.com
+1 (917) 338-7957

WDRP +119% - Up 100% Much Quicker Than Expected

Just this past weekend I wrote about WDRP and how I thought it would reach over $.02 sometime this week.  Little did I know that number would be hit and surpassed right at the open.

The stock saw profit takers swoop in and bring down the price before this blockbuster press was released:


Wanderport Receives Increased Sales Commitment From Australia to $123 Million USD

The rest is pasted below for your reading pleasure.

The volume today was literally off the charts:

 

 

At this point I'd be more apt to lock in profits than buy this stock.  That isn't to say this stock won't go higher.   It may... but the risk is now to the downside and I'd much rather be looking for the next stock that is ready to explode than chase this one down, if today was indeed the top.

 

Wanderport Receives Increased Sales Commitment From Australia to $123 Million USD
NEW YORK, NY, Feb 16, 2010 (MARKETWIRE via COMTEX) -- Wanderport Corp. (PINKSHEETS: WDRP) today announced that upon further review and negotiations, Gavin Ovens Holdings PTY LTD has augmented its sales and distribution commitment and revenue estimates. Based on the terms of the contract, management now estimates revenues from the recently announced $50 million to be increased to $123 million, representing 275,000 units over 5 years. "Our goal to become an important player in the water heating industry is now in motion and this agreement provides us the opportunity to obtain a large portion of the Australian water heater marketplace," stated Mr. Richard Martel, President and CEO of Wanderport.
"In our opinion, Wanderport's cutting edge microwave energy tank-less water heater technology definitely provides us a huge opportunity and will surely cause some concerns for existing water heater companies distributing other brands," said Mr. Gavin Ovens, President and CEO of Gavin Ovens Holdings PTY LTD. "The beauty about this deal is that we presently do not have direct horizontal competitors and this provides the sales edge that most companies covet when attempting to get hold of a majority of a particular industry when launching a new product," continued Mr. Ovens.
About Wanderport Corporation: Wanderport Corporation is a holding and business development company making investments, acquiring licenses and deployment of environmentally friendly "Green" technologies such as, primary alternative, renewable energy and energy saving products namely Pulsar's microwave energy tank-less water heater, which reduces water and energy consumption as well as global dependence on oil. Pulsar Advanced Technologies Inc. was the proud recipient of the 2005 TIPTA award (TCA; Toronto Construction association, Innovative Product and Technology Award), recognizing excellence in innovation in product or technology development, or its application of its microwave energy tank-less water heater.
Important Information About Forward-Looking Statements: Please be advised that statements made herein, other than historical data, 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.

Contact Wanderport Corporation at:
For more information: www.wanderport-ir.com
Email: inquiries@wanderport-ir.com
 +1 (917) 338-7957 

SOURCE: Wanderport Corporation

CONTACT:          http://www.wanderport-ir.com
                  mailto:inquiries@wanderport-ir.com

WDRP - Heating Up?

Wanderport's cutting edge microwave energy water heater technology is hitting the Outback. 

WDRP's press release about its agreement with an Australiam water treatment company on Friday pushed the stock up 50%, and there should be more gains to be had on Tuesday.  The $50 million headline number had investors salivating and the price of the stock at $.012 seems rather small when compared to a $50 million distribution agreement.  Also consider that the long three day weekend has given the coals a little more time to get hot, as this news gets spread among those in the investment community.

I would not be suprised to see this stock trading over $.02 a share as soon as Tuesday.

Keep it on your watchlist.

Wanderport Signs Multi-Year Australian Distribution Agreement Valued at $50 Million




NEW YORK, NY, Feb 12, 2010 (MARKETWIRE via COMTEX) -- Wanderport Corp. (PINKSHEETS: WDRP) today announced that it has concluded a definitive sales and distribution agreement with Gavin Ovens Holdings PTY LTD., a leading international group specialized and certified in water treatment located in New South Wales Australia.



The sales agreement primarily involves Australia and New Zealand and is signed for a 5 year term. Sales commitments are being reviewed and negotiated but preliminary estimates are in the area of 10,000 units within the first year and the aggregate sales are valued at $50 million over a period of 5 years. This agreement is perfectly timed to coincide with Australia's new hot water strategy which began July 1st, 2009 to develop strategies to limit water and energy consumption by focusing specifically on improved water heater performance efficiency.



"The water heater industry in Australia is primed for Wanderport's cutting edge microwave energy water heater technology which we believe will dramatically change an industry heavily lacking in innovation," said Mr. Gavin Ovens, President and CEO of Gavin Ovens Holdings PTY LTD.



"We are very fortunate to be associated with Gavin Ovens Holdings PTY LTD. They are true professionals in water treatment and as such, will definitely synergize Wanderport with Australia's water waste management strategy. This sales agreement will undoubtedly assure us a large portion of the Australian water heater marketplace and create remarkable growth for Wanderport and its investors," stated Richard Martel, President and CEO of Wanderport.



About Wanderport Corporation: Wanderport Corporation is a holding and business development company making investments, acquiring licenses and deployment of environmentally friendly "Green" technologies such as, primary alternative, renewable energy and energy saving products namely Pulsar's microwave energy tank-less water heater, which reduces water and energy consumption as well as global dependence on oil. Pulsar Advanced Technologies Inc. was the proud recipient of the 2005 TIPTA award (TCA; Toronto Construction association, Innovative Product and Technology Award), recognizing excellence in innovation in product or technology development, or its application of its microwave energy tank-less water heater.



Important Information About Forward-Looking Statements: Please be advised that statements made herein, other than historical data, 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.