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Wisdom Homes of America Inc. (WOFA)

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Last Post: 12/2/2016 1:51:17 PM - Followers: 115 - 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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#6712   Same here at 3 percent of the float:) aplsnyc 12/02/16 01:51:17 PM
#6711   Agree Bearlove 12/02/16 12:39:00 PM
#6710   One thing I noticed over time is that jonner 12/02/16 12:19:12 PM
#6709   Good to see Ya YS, Boom, Boom, Soon, Bearlove 12/02/16 12:01:56 PM
#6708   Still here and waiting, should be seeing at yesterdaysnews74 12/02/16 10:05:18 AM
#6707   Hey Yesterdaysnews still hanging with the Longs? GLTA Bearlove 12/02/16 09:49:26 AM
#6706   Very well put jonner. Now we wait for Wingsofteal 12/01/16 09:45:52 PM
#6704   Be nice to see it setup and level KingTigerII 12/01/16 09:52:26 AM
#6703   That would be great but January, February will Bearlove 12/01/16 09:25:18 AM
#6702   Come on WOFA let's make a move today!!!! KingTigerII 12/01/16 08:52:53 AM
#6701   January 1 Is The Day Many U.S. States Bearlove 11/30/16 04:10:32 PM
#6700   your post from 5/11 MrCheap 11/30/16 01:52:21 PM
#6699   I'm not a mod ... Rofl... Question why MADDSTACKER 11/30/16 01:27:12 PM
#6697   waz up??? lmfao MrCheap 11/30/16 01:10:22 PM
#6694   Wofa has nothing to do with LDSFY .... MADDSTACKER 11/30/16 11:18:37 AM
#6693   Good news concerning MJ Bearlove 11/30/16 09:43:28 AM
#6692   New investors is the blood to gains along jonner 11/28/16 10:56:54 PM
#6691   I agree on opinions and I'm with you Wingsofteal 11/28/16 02:36:44 PM
#6690   Sorry about your gut, try some pepto. Listen Bearlove 11/28/16 01:01:05 PM
#6689   Accumulating based on emails falling on deaf ears QD explosion 11/28/16 11:06:33 AM
#6688   Holding and accumulating Bearlove 11/28/16 10:00:12 AM
#6687   Salut Sylvain, Max aimerait te reparler aurait tu GoodWill 11/28/16 02:06:54 AM
#6686   Yes, you are indeed correct! My sense is bensonfoldsfive 11/27/16 06:30:54 PM
#6685   PR said WOFA made non-exclusive deal with LDS. jonner 11/24/16 05:02:22 PM
#6684   There's just too much money to be made jonner 11/24/16 02:49:37 PM
#6683   I wonder if WOFA is working a deal jonner 11/24/16 02:46:09 PM
#6682   Wouldn't that be a turn of events and VinnyChase 11/24/16 01:56:32 PM
#6681   Azonic could be WOFA, there isn't much info BC Pain Society 11/24/16 12:39:25 AM
#6680   Not so sure QD explosion 11/24/16 12:36:52 AM
#6679   Perhaps....Azonic is wofa and wofa just hasn't made jonner 11/23/16 06:53:04 PM
#6678   IN CASE ANYBODY IS WORRIED ABOUT TRUMP ON POT Bearlove 11/23/16 03:34:00 PM
#6677   I have not sent another email, last word yesterdaysnews74 11/23/16 02:28:34 PM
#6676   This week all of my emails have "fallen BC Pain Society 11/23/16 01:27:57 PM
#6675   Hey YS, what's the good word. Have you Bearlove 11/23/16 12:04:43 PM
#6674   Thanks I've sent out quite a few emails QD explosion 11/22/16 11:05:30 PM
#6673   Perhaps......LDS made a deal with the other company jonner 11/22/16 07:50:15 PM
#6672   I just emailed nvestor.relations@lifestyledeliverysystem.com will keep you poste BC Pain Society 11/22/16 04:12:09 PM
#6671   EVERYONE who has his email address better be VinnyChase 11/22/16 03:17:10 PM
#6670   Poor excuse!!! This PR from LDS is very QD explosion 11/22/16 02:12:45 PM
#6669   Everyone is worried about Sessions being the next Bearlove 11/22/16 01:41:35 PM
#6668   Meeting was 3 weeks ago. BC Pain Society 11/22/16 12:40:04 PM
#6667   How many years ago did you attend the MountainOfMoney 11/22/16 12:31:20 PM
#6666   Yes I am and I left there quite BC Pain Society 11/22/16 12:28:06 PM
#6665   Aren't you the one that "went to the meeting"? VinnyChase 11/22/16 12:21:31 PM
#6664   I would say ... VinnyChase 11/22/16 11:38:50 AM
#6663   WOFA isn't mentioned, that's my point. BC Pain Society 11/22/16 11:31:02 AM
#6662   But where's WOFA mentioned ? VinnyChase 11/22/16 11:25:37 AM
#6661   Fresh off the wire... BC Pain Society 11/22/16 09:44:24 AM
#6659   Bear is a paid pumper. Do not listen Penny Killer 11/22/16 08:47:30 AM
#6658   I think the news is you have new MountainOfMoney 11/21/16 10:18:57 PM
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