WHAM INC. invested into Uponus Technologies in December of 2014 because of the strength of its proprietary encryption technology and for the right to negotiate for its exclusive license agreement, which was eventually entered into on February 18th 2015. However, the financial and technical aspects of our understanding could never be fully agreed upon, which eventually led to a dissolution of our license agreement. WHAM is confident that its investment with Uponus Technologies will yield great value to its current and future ongoing operations.
About WHAM INC.
WHAM INC. is a diversified holdings company established for the purpose of investing in or acquiring development and early stage companies. We operate in a number of business areas including apparel, mobile encryption technology, and healthcare. Acquisitions of businesses are executed through M & A activity, stock exchanges and asset acquisitions. WHAM INC. has the direct capability as a corporate structured finance originator, to organize and submit international financial investments ranging from small to substantial in nature.
Forward-Looking Statement
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the company's current expectations as to future events; however, the forward-looking events and circumstances discussed in this press release might not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.
The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties.
Contacts
Investors Relations Department
investorrelations@whamcorp.us
Ph: (312) 780-0238