Company Appoints Industry Veteran, Luis Cota, to its Advisory
Board in Preparation for an Entry into the Alcohol Market
Santa Monica, CA -- October 24, 2017 -- InvestorsHub
NewsWire -- Wanderport Corporation (OTC:
WDRP), is pleased to announce that advancements continue to
develop, as the Company prepares to establish a footprint in the
alcoholic beverage sector. With the appointment of distinguished
executive, Luis Cota, current President of World Food &
Beverage Management Group, management structures to collaborate on
the business development, financing, sales and marketing of WFB's
proprietary product line starting with an award winning ultra
premium tequila, "Comisario".
As current President of WFB Management Group, Mr. Cota brings a
wealth of experience and established corporate relationships that
are expected to exponentially heighten the potential for combined
success in this sector. Mr. Luis Cota brings to the Company over
four decades of experience in the wine and spirits industry. His
tenure began with the Gallo Winery where he became well versed in
various territories, including San Diego, Florida, Oregon, and
Colorado. He continued his career with Heublein/Inglenook Napa
Valley Co. (now Diageo), managing distributorship and running the
Central Pacific Region. He also worked with a number of notable
establishments like Rutherford Hill Winery, Inglenook Napa Valley,
Christian Brothers, and the Henry Wine Group. He served as the
National Sales Director of EOS Estate Winery for seven years before
forming his own wine and spirits distributor and importer company,
The Wilkes Wine Group.
Wanderport will collaborate with WFB Management Group on the
business development, financing, sales and marketing of WFB's
proprietary product line consisting of various liquors, beers, and
flavored beverages. The two companies have initiated a
collaboration effort on the production and distribution of WFB's
award winning ultra premium tequila, "Comisario".
Wanderport has recently formed a partnership with a craft brewer
in San Diego, CA to brew Sipp Industries (OTC:
SIPC) Major Hemp Brown Ale which will be packaged in kegs,
bottles and cans, in preparation for nationwide sales beyond the
existing thirty six locations. The Company continues forming
partnership with national distributors for the anticipated
distribution of Sipp's and Wanderport's beers.
Management has also been diligently working with the brewery to
develop Wanderport's exclusive Hemp and CBD Coffee Beers, also
exploring options with the brewery to jointly acquire or build a
brewing facility for contract brewing of additional craft
beers.
Finalization of details is underway on the initial Hemp Sapa Tea
flavors slated for unveiling sometime next month. This highly
anticipated release of Wanderport's premium infused tea is expected
to have great potential for significant growth. On a global scale,
tea leads boldly in the beverage industry. With an average of 1.5
million pounds of tea consumed in the US every day, import demand
averages 540 million pounds of tea to the US annually.
Tea represents a segment of the beverage industry which is
projected to reach $19 billion in the US by 2020. When combined
with forecasts for CBDs projected growth over the same timeframe,
growing to a $2.1 billion market in consumer sales by 2020, the
success potential for this new line is significant.
The Company has also initiated the development and evaluation of
a hemp infused hot chocolate mix that could be launched next month
if results are favorable.
As an additional revenue stream, Wanderport has been developing
the infrastructure to support the private labeling of the Company's
coffee and tea products. This program is expected to be available
late this year or early next year.
"This is an incredibly exciting time for the Company as we
embark on new ventures to expand our offerings as well as position
ourselves properly for the marijuana legalization in California
next year. We continue to form solid strategic alliances with
various industry players which we firmly believe will yield
significant values for the Company and our shareholders," commented
Ty Cha, Chief Executive Officer.
About Sipp Industries, Inc.
Sipp Industries is a multifaceted corporation that specializes
in technology, manufacturing and distribution of commercial and
consumer products. Through its wholly owned subsidiary, Major Hemp,
the Company provides high quality and competitively priced hemp
based products, bulk hemp, CBD supplies, co-packing and private
labeling services. The Company owns a Hemp beer selling under the
label Major Hemp Brown Ale.
About Wanderport Corporation
Wanderport Corporation is a premier distributor of food,
beverages and consumer products made with hemp. Its premium quality
hemp Sapa CoffeeTM blends are currently being sold in a growing
number of grocery stores and small businesses in the Southern
California territory. Its products are also sold online at www.sapacoffee.com and www.amazon.com. For more information, please visit
http://www.wanderportcorp.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
Wanderport (PK) (USOTC:WDRP)
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Wanderport (PK) (USOTC:WDRP)
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