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Wisdom Homes of America Inc. (WOFA)

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Last Post: 6/19/2017 9:55:41 AM - Followers: 120 - 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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PostSubject
#7147   Agreed. Looking great here. skizimus 06/19/17 09:55:41 AM
#7146   This about ready Freddy yesterdaysnews74 06/17/17 12:50:59 AM
#7145   Nice pump today back to no mans land VinnyChase 06/16/17 01:49:55 PM
#7144   And the dish ran off with the spoon....What skizimus 06/16/17 11:44:17 AM
#7143   Amazon purchased Whole Foods not WOFA! Lol VinnyChase 06/16/17 11:26:22 AM
#7142   I wish I had averaged down more and TheBullTwit 06/16/17 11:08:49 AM
#7141   How long till an announcement .....?!!! skizimus 06/16/17 11:06:51 AM
#7140   This Is interesting how about we have a TheBullTwit 06/16/17 11:03:11 AM
#7139   What's going on here? Thedudegrinch 06/16/17 10:37:28 AM
#7138   You seeing this? !!!! skizimus 06/16/17 10:25:46 AM
#7137   42MILLION on the bid!!! skizimus 06/16/17 09:44:20 AM
#7136   Only two more ticks to no bid!!! VinnyChase 06/16/17 09:14:45 AM
#7135   I'm seeing a new light! Hoping for a bensonfoldsfive 06/15/17 10:42:03 PM
#7134   Good point, good buying opertunity skizimus 06/14/17 10:06:44 AM
#7133   How much cheaper could it get VinnyChase 06/14/17 09:41:16 AM
#7132   No doubt for me, look at the volume, skizimus 06/14/17 08:16:09 AM
#7131   Still holding $.1 could hit real quick with peace_money 06/14/17 03:42:36 AM
#7130   Yup VinnyChase 06/13/17 10:23:59 PM
#7129   next up - no bid. finito. colmar 06/13/17 06:12:51 PM
#7128   Scam VinnyChase 06/13/17 12:34:10 PM
#7127   Tic toc tic toc...$$$$$ skizimus 06/13/17 09:06:59 AM
#7126   James Pakulis skizimus 06/13/17 08:28:37 AM
#7125   You poor soul VinnyChase 06/12/17 09:25:55 PM
#7124   Yup VinnyChase 06/12/17 08:41:21 PM
#7123   Still buying soon average will be in alignment yesterdaysnews74 06/12/17 07:45:20 PM
#7122   this finally looks finished. does nothing/worth nothing colmar 06/12/17 05:23:55 PM
#7121   Wait for it! yesterdaysnews74 06/09/17 01:59:27 PM
#7120   These low floaters can make major moves from QuitinMyJob 06/08/17 06:22:42 PM
#7119   Hi Vin. I think you have been here skizimus 06/08/17 03:02:47 PM
#7118   What is there for all to see? VinnyChase 06/08/17 02:18:53 PM
#7117   Yep, noticed the volume yesterday, has my attention. Rainer 06/08/17 08:47:00 AM
#7116   Second that. Its right there for all to skizimus 06/08/17 08:40:55 AM
#7115   Some may not believe this stock has potential, QuitinMyJob 06/07/17 10:43:27 AM
#7114   WOFA "great stock with no business plan or VinnyChase 06/06/17 08:50:15 PM
#7113   Seeing a possibility of a wolf of penny yesterdaysnews74 06/06/17 08:16:43 PM
#7112   Just loaded more. Let me know if any bensonfoldsfive 06/05/17 09:47:09 PM
#7111   Loading! yesterdaysnews74 06/02/17 12:13:56 PM
#7110   Hopefully it means a group of people loading TheBullTwit 06/01/17 03:36:58 PM
#7109   Right. Which allows maneuverability. Which means.... skizimus 06/01/17 02:10:46 PM
#7108   LDS released news that WOFA no longer is connected.... VinnyChase 06/01/17 01:57:19 PM
#7107   I've been holding and buying this stock for QuitinMyJob 06/01/17 09:58:40 AM
#7106   SRER about to take over peace_money 05/30/17 02:56:56 AM
#7105   I believe there are good things coming. possibly skizimus 05/29/17 12:25:19 PM
#7104   I see, I really hope so. Been holding peace_money 05/28/17 09:36:29 PM
#7103   Not a split, meant the pps is about yesterdaysnews74 05/28/17 05:38:27 PM
#7102   You really think they'll do a Reverse Split? peace_money 05/28/17 02:13:53 PM
#7101   Reverse about to happen yesterdaysnews74 05/26/17 11:50:56 AM
#7100   I'll take .002 thanks Vinny. rebelpenny 05/26/17 09:29:54 AM
#7099   Wonder who pumped this garbage today. See you VinnyChase 05/25/17 05:07:53 PM
#7098   WOW bid huge. 0005 will go!!!!!!!!!!!!! rebelpenny 05/25/17 02:19:38 PM
PostSubject