A California-based micro cap just announced its plans for reorganization and expansion into the metaverse. The press release went on to say that the reorganization effort will include the reduction of outstanding shares, consolidation of its coffee product offerings change in the non-fungible token (NFT) business, and of course, the expansion into the metaverse. Shares of Wanderport Corp (OTCPK:WDRP) are bid up this morning before the opening bell.
Wanderport Corp is a distributor of food, beverages, and consumer products with a focus in the area of industrial hemp. It owns Sapa Coffee for its line of hemp coffee blends through which it sells its hemp, hemp CBD coffees and teas directly to wholesalers and retailers as well as through online market places. The company sells various CBD-based products including beauty and personal care, beverages, supplements, topical, and pet.
Traders appear to be bullish on the news as shares are bid up at $0.0063/share (+18.87% implied open for sellers) as we head into the final fifteen minutes of premarket. This move could potentially be the catalyst needed to help this stock break out of its multi-month trading range.
