wanderport corp (WDRP:OTC US)
wanderport corp (WDRP) Snapshot
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Open
$0.0048
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Previous Close
$0.0050
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Day High
$0.0050
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Day Low
$0.0048
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52 Week High
09/21/12 - $0.03
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52 Week Low
05/24/12 - $0.0010
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Market Cap
3.2M
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Average Volume 10 Days
161.0K
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EPS TTM
$-43.00
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Shares Outstanding
642.5M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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wanderport corp (WDRP) Related Businessweek News
No Related Businessweek News Foundwanderport corp (WDRP) Details
Wanderport Corporation, a development stage company, focuses on the development, marketing, and distribution of microwave energy tankless water heaters to consumer and industrial markets worldwide. It is the licensee to the proprietary rights to distribute the microwave energy water heater technology solution intended for the preservation of clean and fresh water, and the reduction of energy and fossil fuel consumption. The company intends to provide various product models ranging from point of entry and point of use, industrial, and high capacity models, as well as other add-on solutions to water heating applications. Its consumer market consists of new homes, condominiums, and renovations; and industrial market comprises geothermal, solar, and military applications, as well as fast food and restaurant sanitation facilities, fruit and vegetable food processing facilities, hotel shower/laundry facilities, and campgrounds. The company was formerly known as Temtex Industries Inc. and changed its name to Wanderport Corporation in January 2007. Wanderport Corporation was founded in 1969 and is based in Clermont, Florida.
wanderport corp (WDRP) Key Developments
Wanderport Corporation confirmed the successful completion of its microwave energy tank-less water heater functioning with its proprietary, revolutionary microwave heat-engine technology. According to the company, the unit, better known as the multi-cavity microwave heating unit (MCMHU), is Wanderport's immensely improved second generation test unit believed to be the "first of its kind" worldwide. The MCMHU has recently undergone successful water flow tests at municipal pressure levels and is equipped with a unique and improved heat exchanger design. The MCMHU utilizes customized water cooled magnetrons and adapted transformers to optimize performance efficiency in contrast to existing water heater technologies. Wanderport is delighted to confirm the electrical functionality of the MCMHU and certifies the unit's capacity to heat water substantially and economically using microwave energy or radio-frequency in place of traditional heat elements and thermal transfer. Recent adjustments and performance trials flowing water through the electrically operating MCMHU have given Wanderport renewed reason to believe their innovative heat engine technology can be a leader in the aforementioned tank-less and storage tank water heating marketplace.
Wanderport Corporation announced the approval of a new and expanded commitment with Design 1st Inc. Building upon the successful completion and testing of the single cavity microwave energy tank-less water heater (SCMHU), Wanderport and Design 1st Inc. have agreed to a new mandate for the production of the 'point of use' multi cavity microwave energy tank-less water heater (MCMHU). The MCMHU will be a more powerful SCMHU incorporating an improved heat exchanger and the latest UL(R) safety recommendations forming the basis of Wanderport's anticipated commercial product. This 'level one' MCMHU will employ four heat exchange chambers and is intended to be used in a residential 'single point of use' application such as an individual kitchen or bathroom. The company's intention is to move beyond the lab and into residential beta tests with this unit. Design 1st Inc. has begun working towards the MCMHU and presently do not foresee a lengthy production process.
Wanderport Corporation announced the filing of an additional patent application characterized by its unique new heat exchanger integrating an exclusive safety mechanism offering improved performance efficiency. Unmanaged microwave energy can cause unseen danger. This patent application is a result of engineering a progressive safety feature to manage the introduction of the product's new technology which involves high voltages in the range of 4 kilovolts and concentrated radio frequency energy. The exclusive safety mechanism provides an additional preventive measure in the case of a unit's faulty operation and improves efficiency by providing a feedback loop to the controller, thus permitting the correct amount of energy to be applied to the heat exchanger at any given time. The patent application in no way hinders or delays work toward a multi-cavity "on-demand/point of use" microwave heating unit (MCMHU) currently in development.
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Industry Analysis
WDRP
Industry Average
| Valuation | WDRP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact WANDERPORT CORP, please visit www.wanderport-ir.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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