

On a related subject, there are, indeed, financial statements that did come out recently and helped the stock gain value. Finally, Wanderport came into compliance with disclosure requirements, so that the company would no longer be quoted as “Limited Information” on the OTC tier categorization. It is interesting to mention that the stock has been accumulating value prior to the release of the financial statements. Once people had time to review the documents, the excitement was over and slight decline began to form. Yet, most traders did not expect yesterday’s crash.
Now, as mentioned, there was no immediate catalyst for this sharp drop during yesterday’s session, which opened at $0.063 and closed at $0.039 per share. And speculations started to flow. Especially interesting is one of the posts on iHub with the headline “Market Share Price Manipulation“. It describes one of the possible scenarios, which possibly caused the stock to crash yesterday. [BANNER]
On the other hand, this irregularity aside, it seems that the necessary steps are taken for the company to inspire confidence in investors and strengthen its position. There are agreements with distributors for the innovative company products, there is a market for the latter, so it is the very near future that would tell whether the high interest in this company is justified.