SureTrader SureTrader SureTrader
Home > Boards > US OTC > Miscellaneous >

Wisdom Homes of America Inc. (WOFA)

WOFA RSS Feed
Add WOFA Price Alert      Hide Sticky   Hide Intro
Moderator: TheBullTwit
Search This Board:
Last Post: 1/19/2017 10:11:30 AM - Followers: 113 - Board type: Free - Posts Today: 1




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

 

 

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
WOFA
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#6790   You'll never get cheaper shares then right now. Bearlove 01/19/17 10:11:29 AM
#6789   Getting ready for the Storm ?????? yesterdaysnews74 01/18/17 09:48:54 PM
#6788   Sometimes you just have to sit back and bensonfoldsfive 01/18/17 09:33:39 PM
#6787   Yes Sir! yesterdaysnews74 01/18/17 03:03:50 PM
#6786   Hey YN I'm thinking we see some positive Bearlove 01/18/17 10:42:37 AM
#6785   #CNBC Relaxation of laws means that cannabis is Bearlove 01/16/17 01:18:36 PM
#6784   Great News/ Sessions will not enforce fed ban: Bearlove 01/14/17 04:23:22 PM
#6783   Yup someone finally bought half a million shares QD explosion 01/13/17 08:29:48 PM
#6782   Good movement today yesterdaysnews74 01/13/17 04:02:22 PM
#6781   Yall are funny with your hope Penny Killer 01/13/17 12:34:00 PM
#6780   I know! Me too! I stupidly did not QD explosion 01/12/17 08:26:09 PM
#6779   Agree with you there. Hope there is a VinnyChase 01/12/17 03:39:55 PM
#6778   When we were told we would get a QD explosion 01/12/17 02:48:50 PM
#6777   Holding pretty good here. It would be TheBullTwit 01/12/17 02:53:39 AM
#6776   WOFA is slow and moving upward! bensonfoldsfive 01/11/17 07:13:53 PM
#6775   Maybe Sessions confirmation is not as bad as Bearlove 01/11/17 01:07:28 PM
#6774   Wow this guy has to go, I hope Bearlove 01/10/17 11:35:07 AM
#6773   Dead Stock... Don't be fooled Penny Killer 01/09/17 12:19:55 PM
#6772   This is your source you base $ ventures yesterdaysnews74 01/06/17 01:58:26 PM
#6771   Next week could be an incredible one Bearlove 01/06/17 11:29:07 AM
#6770   http://microcap.com/p/2017-pet-project-lds WOFA Never mentioned ever with respe VinnyChase 01/06/17 10:23:18 AM
#6769   I have been adding all December and will yesterdaysnews74 01/06/17 09:28:21 AM
#6768   Highly undervalued stock. I'm adding more. $$$$ bensonfoldsfive 01/06/17 03:29:28 AM
#6767   Caveat Emptor! DO NOT INVEST IN THIS COMPANY zigrig 01/05/17 01:37:22 PM
#6766   Yea we all got screwed VinnyChase 01/05/17 12:57:42 PM
#6765   I'm starting to think No QD explosion 01/05/17 01:35:20 AM
#6764   Is this even a real company ? VinnyChase 01/04/17 09:39:59 AM
#6763   I sure wish we could get something positive Wingsofteal 01/03/17 07:25:37 PM
#6762   Looking forward to January 3rd first day of yesterdaysnews74 01/02/17 10:04:34 PM
#6761   It's going to be a very Happy New Bearlove 12/30/16 10:49:18 AM
#6760   No worries YN in January 2017 all pot Bearlove 12/29/16 12:19:48 PM
#6759   Will it push through .0015 today, tomorrow last yesterdaysnews74 12/29/16 11:24:03 AM
#6757   Over 4 million traded yesterday yesterdaysnews74 12/28/16 10:38:38 AM
#6756   So undervalued Bearlove 12/28/16 10:25:48 AM
#6755   Let's wake this sleeping giant. MJ play here KingTigerII 12/28/16 08:17:22 AM
#6754   It's beginning yesterdaysnews74 12/27/16 10:51:12 AM
#6753   Agree! Let's forget the cold season since it's bensonfoldsfive 12/25/16 07:24:43 PM
#6752   Agree! Let's forget the cold season since it's bensonfoldsfive 12/25/16 07:24:17 PM
#6751   Merry Christmas to all and to all a Bearlove 12/23/16 05:09:26 PM
#6749   The Buzz Bearlove 12/22/16 02:19:17 PM
#6748   No Worries, January is almost here. $$$$$$$$$$$$ GLTA Bearlove 12/22/16 01:06:38 PM
#6747   Wish I had 9k to buy up the yesterdaysnews74 12/21/16 12:47:40 PM
#6746   It's about time..! Let's go #WOFA MrDinero 12/20/16 09:11:35 AM
#6745   Ihub back in action here comes the movement! yesterdaysnews74 12/19/16 12:10:05 AM
#6744   Our biggest day may be near. bensonfoldsfive 12/15/16 01:55:16 AM
#6743   Pot sales are booming Bearlove 12/14/16 01:45:01 PM
#6742   I'm still here and waiting for Jan 3rd Bearlove 12/13/16 01:13:16 PM
#6740   We just need a PR and goodbye subs! KingTigerII 12/12/16 11:47:38 PM
#6739   No body knows anything. The CEO promised us QD explosion 12/12/16 08:09:08 PM
#6738   Someone fill the rest of my order at KingTigerII 12/12/16 02:31:51 PM
PostSubject