SANTA MONICA, CA / ACCESSWIRE / October 1, 2014 / WanderPort Corp. (OTC Pink: WDRP) (PINKSHEETS: WDRP ), today announced that it has signed a definitive agreement to acquire Green Organic Holdings, Inc.
Green Organic Holdings acquire or invest in start-up to mid-sized companies that provide cannabis related products and services which can range from technology to ingredients for edibles or nutraceuticals.
"Green Organic Holdings is excited about this growth opportunity and is looking forward to working with Wanderport to accelerate our acquisition strategy," said Robert Gross, CEO of Green Organic Holdings.
"We are pleased to consummate this transaction whereby the two entities can leverage each other resources to further expand into the cannabis space," said Eric Brown, Chief Executive Officer. "We can now rely on GOH's expertise in this industry to actively pursue potential acquisition candidates," added Brown.
About Green Organic Holdings, Inc.
GOH is an incubator and business consulting company that specializes in acquiring and developing emerging cannabis related companies.
About Wanderport Corp.
Wanderport Corporation specializes in licensing, distribution and obtaining proprietary rights to various unique technology while continuing to be an acquisition minded company targeting various licenses, technologies and/or companies in key emerging growth industries.
Forward-Looking Statements:
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. 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. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. 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. These statements are predictions and involve known and unknown risks, uncertainties and other factors, including the risk that Wanderport Corporation cannot execute its business plan for lack of capital or other resources, distribution, licensing/acquisition opportunities or internal partnering issues or restructuring/resignation which may modify existing licensing agreement, arrangements and/or contractual obligations, as well as the risks described in the periodic disclosure documents filed on OTCMarkets.com by Wanderport Corporation. Any of these risks could cause Wanderport Corporation or its industry's actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by the forward-looking statements in this press release. Except as required by applicable law, including the securities laws of the United States, Wanderport Corporation does not intend to update any of the forward-looking statements to conform these statements to actual results.
CONTACT:
Wanderport Corporation
Investor Relations:
[email protected]
(310) 526-8720
SOURCE: WanderPort Corp.