WHAM, INC. (WFMC) and Cyber Security

Just a “Pump” or are they For Real?

 

Woodman Holdings Asset Management Inc. (Wham Inc.) is a diversified holdings company. Israel Vasquez is the current President/COO and took control of the Company after it had transitioned from its former name and company Wholefood Farmacy Corp. More information about the company can be found at http://www.otcmarkets.com/stock/WFMC/filings and www.whamcorps.com.

Wham Inc. currently has a STOP SIGN on OTCMarkets.com which begs the question of, “is this a real company?” The simple answer to this question would be to say yes. Although, in all aspects that any true investor/trader would look at the Company is not real. They are not up to date on current filings, when looking up their corporate addresses you get a building with “Space for Lease” signs, they have no revenue, and there are probably many others that can be pointed out. This is what will bring most investors/traders to turn away from this stock. I for one, did not. I took a chance and in the following few paragraphs you will see why. Maybe I’m wrong but from where I stand now I have 5,000 free shares because I have already made my initial investment back. So, in essence I can afford this “risk”.

Cyber Security, as everyone should know by now, is a huge issue right now that many countries are dealing with. Sony Pictures being the most recent major hacking. This is where Wham Inc. comes in. Not in the sense that they will be saving the day, no, but in who they acquired a percent interest in. There main goal is to bring shareholder value within their company and the company they have just received a $250,000 finance ( http://www.12newsnow.com/story/27847379/wham-inc-consummates-its-investment-with-uponus-technologies-llc ) for is going to bring huge intrinsic value to Wham Inc. UPONUS Technologies LLC (UPONUS) has a patent (US Patent number: 7,382,878) for its very own unique “groundbreaking” lossless compression and encryption technologies. To read more about the encryption click here: http://www.uponus.com/.

Wham Inc. is currently in negotiations to receive a license agreement from UPONUS to bring a secure mobile application with their encryption technology to the consumer market by the 2^nd quarter of 2015. The details of how they will roll out their consumer market product is not yet known. If they stick with application software they will enter into a market forecasted to grow to $2.9 Billion by 2017. If they go into mobile phone security device and software they could be entering into a market forecasted to grow to $4.1 Billion by 2018 according this report by infonetics: http://www.infonetics.com/pr/2014/1H14-Security-Client-Software-Market-Highlights.asp. They have also just received the final amount of their $250,000 to secure the funding of the Wham Inc. and UPONUS partnership.

There are a few other companies that Wham Inc. has acquired a percent interest in as well as a total of $100 Million in art assets that brings value to the company but let us be honest about what will bring the most value. That is absolutely hitting the mark with the most “hazardous” market in 2014, data encryption.

By this report http://www.infonetics.com/pr/2013/2H12-Mobile-Security-Client-Software-Market-Highlights.asp the mobile security application market has a forecast to grow up to $2.9 Billion by 2017. If Wham Inc. could hit 1% of the market with their consumer mobile security application with UPONUS Technology encryption that would bring $29 Million annual revenue beginning the 2^nd Quarter of 2015. For a stock currently trading @ .445 that is a substantial revenue base. The percent ownership of UPONUS has not been brought to light and that is most likely because of their S-1 filing and IPO plans that Wham Inc. is currently in the process of completing.

UPONUS is expected to come out to the whole spectrum of the Endpoint Security market which according to this article here: http://www.marketsandmarkets.com/PressReleases/endpoint-security.asp is expected to reach $14.53 Billion by 2019 and was expected to be $10.03 Billion in 2014. With the current news coverage and on Tuesday the President will give an address to the security hacking situation one could only assume that the Endpoint Security Market is only going to increase. This will all bring more value to the Holdings Company going forward.

So in short, Wham Inc. is a real Company going into an arena that they will, with the key partnership landed with UPONUS, have a huge stake in, more than the 1% spoke of above. At a price value of .445 at closing on 1/16/2015 it is a steal of a buy right now. I for one will be holding on to my 5,000 shares.

 

 

Disclaimer:  I hold shares in Wham Inc. My views may be biased towards the company. I have not been paid nor compensated in any way for this blog. I’m just bored sitting around researching stocks and trying to gain knowledge on how to research and what to look for in companies. I have no expertise in Endpoint Security nor do I have any professional training in the stock market. Please do not make any trades off of my blogs. If you trade within the stock I talk about you do so at your own risk. This is all for funsies. Meaning that it is completely for Entertainment Purposes Only. You trade at your own risk.