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Wisdom Homes of America Inc. (WOFA)

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Last Post: 4/28/2017 7:28:15 PM - Followers: 121 - Board type: Free - Posts Today: 0




Wisdom Homes is a company focused on licensing products and technology benefiting the cannabis patient and consumer 

Summary:

Wisdom Homes announced in January 2016 that they were exiting the Home Building business and instead were focusing on the cannabis market.  They have licensed 'CannaStrips' from Canna Delivery Systems Inc. that has a publicly traded company Lifestyle Delivery Systems Inc. 

There is an agreement in place that allows Wisdom Homes to sell Cannastrips in Northern California.  This is a high profit margin product and the belief is that a large amount of revenue will come in due to the upcoming legalization of marijuana across California.





President:  James Pakulis, CEO




Email from Transfer Authority as of 10-16-16
Our records indicate that the current issued and outstanding share count for WOFA is 142,227,179. 


Share Structure as of 12-15-2015
Authorized Shares - 900,000,000


Press Release 01-06-2016
http://www.marketwired.com/press-release/wisdom-homes-completes-reverse-stock-split-executes-letter-intent-license-proprietary-otc-pink-wofad-2086010.htm
The Company also announces the execution of a non-binding LOI with Canna Delivery Systems Inc. ("Canna"), a wholly owned subsidiary of Lifestyle Delivery Systems Inc., to license Canna's proprietary technology for producing cannabis infused oral strips (similar to breath strips) called "CannaStrips." The LOI contemplates that Canna will grant to the Company a non-exclusive license to manufacture and distribute CannaStrips in Northern California. It is expected that the Company will pay Canna an annual license fee of $25,000 and that Canna will be the exclusive supplier to the Company of all non-medicinal ingredients for CannaStrips. In addition, the Company will have access to the CannaStrips brand, and will have the option to contract or sub-contract to cannabis producers and retailers throughout Northern California. Acquisition of the license rights remains conditional upon the negotiation and execution of definitive binding agreements.

Press Release 02-14-16
http://finance.yahoo.com/news/wofa-contracts-manufacturer-cannastrip-142325448.html
The Company is proud to announce that it has contracted with Healthy Asylum, Inc., a manufacturer of oral strips including CannaStrips. Healthy Asylum has completed an automated production run of CannaStrips CBD formula, which will be used for samples and will be distributed to health care professionals for evaluation among their patients. The sample production run lasted 2 hours and utilized approximately 10% of the production capability, which produced the equivalent of 10,000 strips. Healthy Asylum is a licensee of Canna Delivery Systems Inc., the subsidiary of Lifestyle Delivery Systems, Inc.

Press Release 04-14-16
http://finance.yahoo.com/news/california-vote-legitimize-recreational-marijuana-130117644.html
WOFA believes the potential legalization and the statewide rules increase the overall value of the non-exclusive licensing rights that the Company has to CannaStrips. In the past five months the Company refocused all of its efforts back into the medicinal cannabis industry. After significant due diligence it identified a specific market segment, oral strips (similar to breath strips), providing an exacting and controlled dosage of cannabis, without the health risks associated with smoking or potential chemical inhalation associated with some smokeless inhalers. It has executed a licensing agreement with Canna Delivery Systems, Inc., a wholly owned subsidiary of Lifestyle Delivery Systems, Inc. in which the Company has the non-exclusive license to market CannaStrips throughout northern California. And it has secured manufacturing and distribution relationships, as well as received orders.

Corporate Update

As a result of discontinuing operations in the housing market and re-focusing on the cannabis industry, as well as the large number of equity transactions in 2015 during the transition, the Company has experienced a significant increase in the number of accounting transactions which has caused a delay in filing our 10-K within the extended timeline. The Company is aggressively working to complete the filing and will provide an update within ten days if the filing has not been completed. Subsequent to the filing the Company plans to perform a variety of corporate changes including file for its name change and the re-location of corporate offices.


Press Release 04-27-16

http://finance.yahoo.com/news/wofa-manufacturer-announces-significant-increase-150314229.html
TYLER, TX--(Marketwired - Apr 27, 2016) -  Wisdom Homes of America, Inc. (the "Company") ( OTC PINK : WOFA ) concentrates on licensing products and technology benefiting the cannabis patient and consumer. 

WOFA is pleased to announce that its licensee, Healthy Asylum Inc., has doubled its strip production capabilities. Healthy Asylum has reconfigured the production line and production design specifications in order to satisfy the increased capacity. The Company is also in the process of identifying new packaging solutions. Similar to WOFA, Healthy Asylum is a licensee of Lifestyle Delivery Systems, Inc.


 


Wisdom Homes of America
500 North Northeast 323 Loop
Tyler, Texas 75708
Phone: (903) 593-7855
www.WisdomHomesofAmerica.com

 

 

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WOFA
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PostSubject
#7042   I needed 2 more shares to make it sjoseph 04/28/17 07:28:15 PM
#7041   CRAZY VOLUME TODAY LOL VinnyChase 04/28/17 11:16:33 AM
#7040   MMs playing quietly with the ask, could be yesterdaysnews74 04/28/17 09:34:20 AM
#7039   Last day of the week, let's see how yesterdaysnews74 04/28/17 08:41:57 AM
#7038   Late day volume and it closes above $.001 yesterdaysnews74 04/27/17 02:08:53 PM
#7037   Look at the authorized shares, yes this is yesterdaysnews74 04/27/17 01:54:44 PM
#7036   This is nice volume ? VinnyChase 04/27/17 01:52:40 PM
#7035   Hmmm two days nice volume, still a pump? yesterdaysnews74 04/27/17 01:38:45 PM
#7034   It got pumped as I said...and some people VinnyChase 04/27/17 11:47:58 AM
#7033   Nice jump but needs stability for once. peace_money 04/26/17 10:37:44 PM
#7032   Once it goes it will go strong. yesterdaysnews74 04/26/17 10:27:55 PM
#7031   Interesting volume today TheBullTwit 04/26/17 10:00:13 PM
#7030   Should be around $.001 by end of day. yesterdaysnews74 04/26/17 02:02:28 PM
#7029   big volume today, news pending? hopefully. I have rebelpenny 04/26/17 01:58:47 PM
#7028   On no news? VinnyChase 04/26/17 12:22:08 PM
#7027   Grabbed some more at .0004. Was hoping QuitinMyJob 04/26/17 12:20:00 PM
#7026   this may be it! I was hopping to skizimus 04/26/17 11:58:58 AM
#7025   Somebody has figured out what's here. skizimus 04/26/17 11:55:31 AM
#7024   Nice someone is pumping VinnyChase 04/26/17 11:54:08 AM
#7023   Totally agree... Already holding a very nice position bensonfoldsfive 04/26/17 04:01:42 AM
#7022   Do you know what the share structure is? skyrocketinsight 04/25/17 08:45:53 PM
#7021   Yea it's really looking like it VinnyChase 04/21/17 08:18:42 PM
#7020   Got a feeling next week we get back yesterdaysnews74 04/21/17 08:02:25 PM
#7019   4/20 and still nothing here VinnyChase 04/20/17 08:55:06 AM
#7018   Need some news peace_money 04/18/17 11:45:25 AM
#7017   Yeah it would be nice to see it TheBullTwit 04/16/17 12:55:43 PM
#7016   Tip:. Get in FCGD early Monday. 4 Badasshole 04/15/17 05:21:16 PM
#7015   looking like a real possibility now! Still bensonfoldsfive 04/14/17 01:26:38 AM
#7014   Plenty bought up last week for some major yesterdaysnews74 04/12/17 01:57:11 PM
#7013   4/20 babbyyyy VinnyChase 04/10/17 08:52:09 PM
#7012   Believe that there will be new found yesterdaysnews74 04/10/17 08:13:45 PM
#7011   $WOFA $$$ let's goo.. 00's News coming MrDinero 04/10/17 11:26:29 AM
#7010   here we goooooo rebelpenny 04/10/17 11:24:53 AM
#7009   Very true . Nice point out. Hopefully VinnyChase 04/07/17 02:49:11 PM
#7008   Counting on LDS financial report coming up very yesterdaysnews74 04/07/17 02:48:25 PM
#7007   This volume could spark some interest. Maybe a VinnyChase 04/07/17 02:44:45 PM
#7006   I think if he's still in Bulltwit is yesterdaysnews74 04/07/17 02:44:31 PM
#7005   Thank you to whoever gave me all those MrDinero 04/07/17 02:44:01 PM
#7004   Thanks Vinny! Hope everyone makes some good cash here. yesterdaysnews74 04/07/17 02:43:46 PM
#7003   Rooting for you VinnyChase 04/07/17 02:42:42 PM
#7002   I'll take my chances here with my average yesterdaysnews74 04/07/17 02:41:51 PM
#7001   Or it could go to .0000000 VinnyChase 04/07/17 02:40:19 PM
#7000   Average is down below $.0006 now news hits yesterdaysnews74 04/07/17 02:39:02 PM
#6999   I'll take all the 4's gimme more cheapies MrDinero 04/07/17 12:51:18 PM
#6998   nice volume today, picked up few more, radar it rebelpenny 04/07/17 11:48:21 AM
#6997   Back to 00's today $WOFA $$ MrDinero 04/07/17 10:57:48 AM
#6996   I wish I had cash yesterday. skizimus 04/07/17 09:24:47 AM
#6995   Same and I hope just doesn't seem like it VinnyChase 04/06/17 10:24:14 PM
#6994   No sir, scared sellers that's it. Ive been peace_money 04/06/17 10:09:21 PM
#6993   Update: company still fake VinnyChase 04/06/17 01:32:00 PM
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