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Wisdom Homes of America Inc. (WOFA)

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Last Post: 3/30/2017 10:16:42 AM - Followers: 121 - Board type: Free - Posts Today: 2




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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#6987   Yes sir. Could be a history maker. NWA*V skizimus 03/30/17 10:16:41 AM
#6986   Got some 6's yesterday. Liking this potential. skizimus 03/30/17 10:13:57 AM
#6985   When this hits 3s and 4s Im loading skizimus 03/29/17 09:54:29 AM
#6984   patience is the key. peace_money 03/28/17 11:00:11 AM
#6983   I agree but there is none unfortunately VinnyChase 03/28/17 07:57:10 AM
#6982   yea for sure. peace_money 03/27/17 10:50:47 PM
#6981   Some news or the right DD comes out skizimus 03/27/17 11:36:50 AM
#6980   this is going to fly in no time. peace_money 03/27/17 11:16:58 AM
#6979   Then this board is gonna be very quiet VinnyChase 03/24/17 11:53:05 AM
#6978   Ignore Vinny, man wish I knew about the yesterdaysnews74 03/24/17 12:48:33 AM
#6977   There is no company VinnyChase 03/23/17 10:40:42 PM
#6976   patience is key here. been holding since after peace_money 03/23/17 10:21:51 PM
#6975   Same old dead POS VinnyChase 03/23/17 04:16:27 PM
#6974   What??? There were about 1 million shares traded yesterdaysnews74 03/23/17 08:56:31 AM
#6973   good things comes to the ones who holds bensonfoldsfive 03/22/17 09:58:10 PM
#6972   No pump today so no one bought VinnyChase 03/22/17 05:18:17 PM
#6971   Another down up day so far MMs cant yesterdaysnews74 03/21/17 10:46:46 AM
#6970   That looks a lot to me like someone TheBullTwit 03/20/17 04:25:27 PM
#6969   end of day buying again! rebelpenny 03/20/17 04:00:57 PM
#6968   WOFA waking up. Low float MJ play here. IMO sjoseph 03/20/17 04:00:03 PM
#6967   Better get them now. Wish I had dry skizimus 03/20/17 10:10:51 AM
#6966   Get ready for take off my friends. Next peace_money 03/18/17 12:32:30 PM
#6963   Better hope someone starts pumping the shit out VinnyChase 03/17/17 04:15:54 PM
#6962   Hold tight when this starts to go back yesterdaysnews74 03/17/17 04:01:59 PM
#6961   great buying eod, now follow with news and rebelpenny 03/17/17 03:59:19 PM
#6960   Volume is back for a reason yesterdaysnews74 03/17/17 03:45:08 PM
#6959   Not when it keeps going down VinnyChase 03/17/17 03:16:03 PM
#6958   Average down again today, soon I'll be at yesterdaysnews74 03/17/17 02:02:31 PM
#6957   Yea I'm sure there is some yuge news VinnyChase 03/17/17 01:58:56 PM
#6956   Weekend sellers will be here crying next week yesterdaysnews74 03/17/17 01:56:07 PM
#6955   Man if the volume would have just been VinnyChase 03/16/17 06:34:04 PM
#6954   The right things happen and yes it will. skizimus 03/16/17 01:37:08 PM
#6953   Today's the day we spike to 1.00 great VinnyChase 03/16/17 08:55:49 AM
#6952   Great news!!! http://mjbizdaily.com/ag-sessions-signals-no-major-federal-marijua KingTigerII 03/16/17 03:26:31 AM
#6951   We are all going to die!! Save yourselves! skizimus 03/15/17 11:33:01 AM
#6950   Going to .01 tomorrow ...great news on the horizon VinnyChase 03/14/17 09:41:56 PM
#6949   Seeing the next run hitting high around $.0085 yesterdaysnews74 03/13/17 11:38:42 PM
#6948   This one will get bounce back! I’m hoping bensonfoldsfive 03/13/17 10:31:17 PM
#6947   Bid is up with 300k to $.0014 yesterdaysnews74 03/13/17 03:28:36 PM
#6946   we might see that happen today, just like peace_money 03/13/17 03:01:30 PM
#6945   Will there be a late push to $.0014? yesterdaysnews74 03/13/17 02:48:50 PM
#6944   Nope same old BS VinnyChase 03/13/17 02:12:46 PM
#6943   Hey guys what's going on, I've been away Bearlove 03/13/17 01:24:28 PM
#6942   Why sell on 4 fatsos upward movement? yesterdaysnews74 03/13/17 01:07:26 PM
#6941   WOFA .0013 x .0014 $treet Trader 03/13/17 11:49:44 AM
#6940   hope it keeps the positive movement next week. peace_money 03/10/17 11:02:16 PM
#6939   That million on the bid should be no yesterdaysnews74 03/10/17 02:37:41 PM
#6938   Need more positive momentum KingTigerII 03/10/17 01:56:58 PM
#6937   Here we go baby VinnyChase 03/10/17 01:55:07 PM
#6936   WOFA .0013 $treet Trader 03/10/17 01:33:58 PM
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