I have been digging into a great company on verge of a possibly huge breakout. As always don't take my word for it see the DD below and decide for yourself!
WDRP Wanderport Corp
WanderportCorp.com
https://www.facebook.com/WanderportCorporation (FB page with over 1000 followers)
www.cannagetsome.com
As always below you will find extensive DD and reasoning why this could have a MASSIVE run here are the highlights of what we will cover
- A Super Low Float, With A Squeaky Clean/ Thin Level 2
- WDRP owns three (yes three) separate wholly owned subsidiaries all three generating REVENUE (I have all the pictures to prove it) virtually unheard of for any sub-penny stock!
- They own exclusive distribution rights to CannaEnergy Hemp Energy drink in Nevada, the most popular first to market Hemp Drink in the USA, whose sell through rate in Colorado stores already beat that of Red Bull according to industry experts, WDRP also distributes in California as well
- Agressively pursuing big distribution deals attending some HUGE trade shows
- Could be the only MJ stock that has yet to have it's massive run
- Chart showing potential for massive blue skies breakout!
- Current financials show revenues, and no convertible debt
Where have all the MJ runners gone?
The biggest thing that attracted me initially to WDRP was the fact that they have a real product producing real revenues, this company is the real deal, they aren't just making claims, they have provided lots of pictures through social media verifying all their subsidiaries are active and producing revenues. Coupled with the fact that it has a very low float, a very clean level 2 with no bad MM's dumping shares, a bullish chart, this seems like it just may be the most perfect of storms brewing here, also this stock has never had a BIG RUN (yet). I don't know any other sub-penny that has a real product revenues a low float and has never ran big. (If you know of one please e-mail me ASAP)
Low Float
A key for a big runner always starts with a low float stock the most current float information given on WDRP is
| Float | 269,000,000 | a/o Sep 30, 2014 |
The Chart
Not every chart on a sub-penny stock tells a clear story. The thing I love about WDRP is that here the chart does. Big thanks to @BigCheds on twitter, a chart expert for his help and annotations. Below are basically his comments verbatim, I won't sugarcoat anything, best to hear from the experts.
Volume and resistance levels:
VWAP - Pay attention to the volume. 90% of it has been in a tight channel between .0042-.0050. Of all this volume, a large majority of it has been on the ask which is very bullish.
VWAP also tells us that even though as it appears there is resistance above, there is in fact no volume behind that resistance. What that means is once we close above .0051, we are well on the way to blue sky breakout territory. The bullish close at .0052 sets us up perfectly. When judging resistance on sub-penny stocks I also look at level 2 resistance, the level 2 resistance on WDRP very clearly is .006 level. If we can break this level early in the morning, this stock could start going nuts a blue sky breakout on a low float Real MJ stock, doesn't get any better.
Buying vs selling pressure, money flow:
Accumulation Distribution Line, Chaikin Oscillator and Chaikin Money Flow all indicate a recent buying frenzy, also reflected by the much higher than normal volume the last few days.
Trend indicators:
The Commodity Channel Index (CCI) and StochRSI indicate a favorable trend, RSI at 62 tells us this has some serious upside to run with.
Overall the chart is bullish, key indicators indicate a safe entry with no real resistance and big volume providing liquidity and profit opportunity.
Now that we got set straight on all the technical aspects let's get down to the fun stuff!
Explosive New Market!!
As mentioned earlier WDRP controls 3 wholly owned subsidiaries our main focus today will be Green Organic Holdings Corp. which last month acquired exclusive distribution rights from CannaLife USA to distribute CannaLife Energy drinks in the state of Nevada. They also are a distributor of CannaLife in California.
Read the PR
http://www.wanderportcorp.com/?p=131
Everyone knows that the energy market is huge and explosive. But for some time has been stagnant as the market was flooded with every single type of Energy Drink possible, CannaLife is a exception to the rule. They are first to market with a Hemp Infused energy drink and they are owning it with explosive growth across the U.S and aggressive marketing and branding campaign everyone else is playing catch up (more on that later) not only does the idea of a Hemp drink make this something special, the fact is that Hemp Seed Oil contains more than 80% of essential fatty acids such as omega 3's and 6's. It tastes great and is infused with Vitamin B and taurine for a strong energy boost.
Please see CannaLife website
www.cannagetsome.com
Not wasting anytime next week they announced that by the end of January they would start selling CannaLife and recently posted pictures on Facebook of shipment arriving
https://www.facebook.com/WanderportCorporation/photos/pcb.842507212458261/842507045791611/?type=1&theater
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| Could it be? Real product in A real warehouse?!?! for a sub-penny company?? |
Although they have just started distribution in Nevada two weeks ago, and have already signed up some stores but the real boom should be coming in the next few weeks as they plan on very aggressively working on getting CannaEnergy out in Nevada. Read below A Press Release the company put out late Friday which seemed to spark investor/trader interest
SANTA MONICA, Calif., Feb. 13, 2015 – WanderPort Corp. (OTC Markets: WDRP) is pleased to announce that its wholly owned subsidiary, Green Organic Holdings Corp. (GOH), will exhibit Canna Energy at the upcoming Natural Products Expo West.
Canna Energy is an energy supplement drink infused with Hemp seed oil and contains no THC. Without THC, the drinks will not result in a positive test for illegal substances. As an added health benefit, hemp seed oil contains approximately 80% of the essential fatty acids such as Omega 3s and 6s.
Natural Products Expo West will be held from March 5-8, 2015 in Anaheim, California. With over 60,000 industry attendees, it is one of the largest trade shows for natural and organic products in the US. The expo has been steadily growing due to the strong growth in the natural and organic product market which reached $90 billion last year.
GOH is CannaLife’s exclusive master distributor for the state of Nevada and a general distributor for California. The Company will exhibit Canna Energy alongside Canna Life at booth H104 in the Anaheim Convention Center Hall A.
GOH will also be exhibiting along with Canna Life at booth 1413 at the Nightclub and Bar trade show in Las Vegas on March 30 to April 1, 2015. The venue is a key event for a broad base of industry professionals ranging from hospitality business owners, bar and nightclub managers, bartenders, restaurant and banquet mangers as well as a large number of national chain buyers.
Massive Growth Potential
How has CannaEnergy been selling ??!!
There is a absolute must read article on the world leading website for Beverage Industry news beveragedaily.com For copyright purposes they will not let me copy and paste the article here just provide the summary and link below please click the link and read this article.
Canna Energy says it has sold around 150,000 cans of its hemp oil infused energy drink in its first 100 days and is hot on the heels of Red Bull and Monster in terms of sell-through in many Colorado locations.
The Growth potential in Nevada is unlimited, CannaLife already is in 2500 stores across the US, and just imagine the growth potential once the national chain's catch on. Click the link below to see how CannaLife is starting to blow up across the U.S
It would seem likely that very soon the State of Nevada should start looking a lot more like Colorado and Oregon in the very near future.
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| Facebook Pic from WDRP |
I randomly called a few stores carrying CannaLife and got through to two store owners both said it sells great and they have re-orders in. One guy told me his first shipment sold out in a week as all the high school kids bought him out as soon as it hit!
Financials
Financials for most sub-penny stocks are a utter mess usually limited assets zero revenues and millions of dollars in debt and convertible notes set to dilute the stock with WDRP this is not the case
They are current on their filings and show booking over $57,000 dollars in revenues and limited liabilities and no convertible debt.
Read their most recent filings on the link below
Icing on the cake ?
Okay so we've got a low float sub-penny MJ stock that has not had a huge run yet who's chart is pointing to a imminent blue sky breakout with key exclusive master distribution rights to sell a energy drink whose sell through rate is already rivaling that of red bull. We mentioned earlier there are two other subsidiaries WDRP .
Last October WDRP announced that it has signed a Crop Share Agreement with a Southern California dispensary. Pictures from this Dispensary have been posted on their facebook page
They also announced in the end of last year the purchase of a Nail Salon in Texas
A Nice side peice earning rev's to help infuse the company with capital to expand on their MJ Ventures. The facebook page for the nail salon they own can be found at the link below
Thank you for taking the time to read my DD, as always don't take my word for it make your own decision and don't forget to take profits on the way.
Disclaimer: Be cautious while trading any stock especially the pennies TRADE AT YOUR OWN RISK
