Remove Material on a Wrap feature?

To whom it may concern,

I need to remove material from a Wrap feature on a cylinder.

I've been trying to get this done, but apparently Creo doesn't recognize further actions for the Wrap feature. Why would I need that feature if i'm not able to extrude or remove material from it?

Please, someone fluent on these PTC enigmas, HELP!

There is a picture attached for more information.

Thanks,

CC