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Wisdom Homes of America Inc. (WOFA)

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Last Post: 2/23/2017 10:58:47 PM - Followers: 112 - 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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#6869   Still here and waiting yesterdaysnews74 02/23/17 10:58:47 PM
#6868   Hey Yesterdaysnews are you still here with the Bearlove 02/22/17 12:48:24 PM
#6867   February 20, 2017 Bearlove 02/21/17 10:26:47 AM
#6866   Once Trump makes a statement that he is Bearlove 02/21/17 10:01:54 AM
#6865   Going to be big. Still long. bensonfoldsfive 02/20/17 11:57:50 PM
#6864   Hang in the Vinny Wingsofteal 02/20/17 10:18:12 AM
#6863   Well if you do that we will have Bearlove 02/16/17 03:05:35 PM
#6862   Gonna have no balls after I sell mine VinnyChase 02/16/17 02:03:00 PM
#6861   Patients, it takes steel balls to be in Bearlove 02/16/17 10:26:13 AM
#6860   What's going on here? Jesus why isn't this KingTigerII 02/16/17 03:47:01 AM
#6859   Looking forward to the next few weeks and Bearlove 02/15/17 07:02:43 PM
#6858   I agree and this is still very much Bearlove 02/15/17 10:12:46 AM
#6857   I was expecting news too! We are only bensonfoldsfive 02/14/17 10:59:11 PM
#6856   Needs news out soon, and new name peace_money 02/14/17 09:20:00 PM
#6855   Diffently before 4/20. Wingsofteal 02/14/17 01:18:25 PM
#6854   Agreed Wingsofteal hoping to see some news and Bearlove 02/14/17 01:17:22 PM
#6853   It's been pretty quiet here Bear. I'm in Wingsofteal 02/14/17 12:51:11 PM
#6852   How about a sound off, show people the Bearlove 02/14/17 09:49:51 AM
#6851   Maryland and New Mexico Prepare for Marijuana Legalization[/ Bearlove 02/13/17 01:10:04 PM
#6850   My sentiments exactly peace.... WOFA $$$$$$$ Bearlove 02/13/17 10:04:52 AM
#6849   lets make history on this. peace_money 02/13/17 01:27:29 AM
#6848   Trool wants even cheaper shares, sell at your Bearlove 02/12/17 06:13:23 PM
#6847   FAKE NEWS! WOFA is a fake company! Sad! VinnyChase 02/12/17 04:57:40 PM
#6845   I've still got all of mine TheBullTwit 02/11/17 11:41:39 AM
#6844   Anyone have any news, I heard something about Bearlove 02/09/17 02:04:57 PM
#6843   I agree! I also think that patience = bensonfoldsfive 02/08/17 11:01:33 PM
#6842   Holding or no point in selling now? VinnyChase 02/07/17 07:21:02 PM
#6841   Morning people, I'm holding my milly's until 4/20 Bearlove 02/07/17 09:56:57 AM
#6840   MJ both Medical and rec is going to Bearlove 02/03/17 04:54:42 PM
#6839   Do you eat penny's or paint chips?? Penny Killer 02/03/17 10:45:08 AM
#6838   Buy on the dips and hold for the Bearlove 02/03/17 10:21:10 AM
#6837   The game ain’t over and it will move bensonfoldsfive 02/02/17 09:45:43 PM
#6836   hope to see a move today peace_money 02/02/17 08:52:03 AM
#6835   Let's see something out of this company. Show Wingsofteal 02/01/17 10:18:04 AM
#6834   IF a MM is someone that got screwed Penny Killer 02/01/17 08:46:15 AM
#6833   OK buddy. When was the last update?????? Penny Killer 02/01/17 08:45:28 AM
#6832   Get some depends and keep waiting!! Not going Penny Killer 01/31/17 04:33:50 PM
#6831   Still waiting! yesterdaysnews74 01/31/17 02:59:35 PM
#6830   SOON $$$$$$$$$$$ Bearlove 01/30/17 01:34:47 PM
#6829   Don't listen to the MM shills people skizimus 01/30/17 09:05:18 AM
#6828   Yup falling in place for .0000001 Penny Killer 01/30/17 07:20:29 AM
#6827   Have a good weekend folks... WOFA $$$$$$ Bearlove 01/27/17 03:28:48 PM
#6826   things are falling into place. Tic Toke skizimus 01/27/17 08:57:56 AM
#6825   Lots of tax revenue in this skizimus 01/26/17 02:42:31 PM
#6824   http://www.desertsun.com/story/money/business/2017/01/23/marijuana-banking-taxes skizimus 01/26/17 02:39:42 PM
#6823   Skedooosh Picked up another milly skizimus 01/26/17 02:35:12 PM
#6822   Trump will leave it up to the States..... Bearlove 01/26/17 02:05:47 PM
#6821   Don't listen to the MM shills people......... Bearlove 01/26/17 12:39:06 PM
#6820   LIER!!! This stock is DEAD and you know it!!!! Penny Killer 01/26/17 07:27:06 AM
#6819   Loading prior to the big run! Bearlove 01/25/17 01:27:10 PM
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