Highlights From The Wanderport Corp Quarterly Financial and Disclosure Statement

If you haven't had a chance to read the new quarterly report, which I am sure everyone was planning to do once they get done picking the rocks out of the grooves in their tires. Below you will find a few pieces out of the "Management's Discussion" section that I find interesting. Enjoy!

The following information is taken directly from the Wanderport Corp filing to be found in its entirety at: http://www.otcmarkets.com/stock/WDRP/filings

During the third quarter ending September 30, 2012, the Company has completed the electrical hook-up and powered beta-testing on the MCMHU. For this exercise, the Company connected the MCMHU to a flowing municipal water source while eliminating pressure on the heat engine; however, the company was forced to re-order customized transformers tailored to the new magnetrons used in the unit’s new design. The delay for their receipt was unfortunately longer than expected. Wanderport is corroborating results with a certified independent laboratory facility, namely Intertek Group plc, which is completing performance efficiency testing of their own.

Intertek’s group of professional technicians, safe testing environment and state-of-the-art research analysis tools provide a setting that Wanderport alone could not offer. In order to add credibility and gain a competitive edge, management’s new objective is to use Intertek’s certified performance efficiency results and a demonstration of our “first of its kind” fully functioning unit to illustrate how our technology stacks up against other existing products in the industry. This will provide solid credibility and leverage during upcoming negotiations to secure a strategic alliance with a leading manufacturer. Wanderport is on the cusp of releasing Intertek’s certified results within the fourth quarter 2012 (pending any unforeseen events, announcement target date is “on or before” November 15, 2012).

Due to aforementioned delays and to be fair with Wanderport and its shareholders, The third quarter ending September 30, 2012 also brought a new agreement between Mr. Robert Simoneau, Wanderport’s Technical Advisor, Product Licensor and majority shareholder and the company. Mr. Simoneau agreed to restrict trading on his entire original block of shares received as compensation for the distribution rights to the eco-friendly electric microwave energy tank-less water heating technology in order to reinforce his dedication and strong belief in the direction of the company. That is, Mr. Simoneau has agreed to place the totality of his 400 million shares received in consideration for the distribution rights to the revolutionary technology (balance remaining after the return of 100 million shares to treasury from original 500 million) in escrow for the next two quarters. The new agreement is the second of a similar agreement which had expired on March 31, 2012. Since then, Mr. Simoneau has made no attempt to remove the restrictive legend to sell the shares into the market. In fact, this agreement prevents any trading of the shares and avoids them from diluting the market in accordance to the Addendum’s terms and conditions effective October 1, 2012 and set to expire on March 31, 2013. A copy of the agreement will be filed as EXHIBIT "L" “ADDENDUM II TO LICENSING AGREEMENT” and submitted with this quarterly on www.otcmarkets.com - (ticker symbol WDRP, then choose the “Financial” tab.

Wanderport has also built a new website (www.wanderportcorporation.net), which is now open to prospective clients and shareholders. The website encompasses many new features making it customer interactive and considerably more user-friendly although future looking in its sales pitch. It features a “customer service” tab and a link to a live “blog” where participants can engage in dialogue. Another feature is the world’s first Android (may soon add iPhone®) mobile telephone wireless application (WAPP). It is designed to allow customizable temperature control and other interfacing while it tabulates the actual cost of energy consumed for each trip to the shower for those seeking to limit the expense of costly hot water and energy consumption.

The company expects to add the heat engine’s preliminary performance efficiency results in the “Products” section of the website once available and approved by the engineering team and would also like to provide a link to a short “in house” demonstration of the operating MCMHU for individual viewing.