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Wisdom Homes of America Inc. (WOFA)

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Last Post: 5/23/2017 11:59:23 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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WOFA
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PostSubject
#7091   eyes on WOFA skizimus 05/23/17 11:59:23 AM
#7090   Bounce is inevitable, question is how high? yesterdaysnews74 05/23/17 11:12:23 AM
#7089   this gonna bounce? Rainer 05/23/17 09:09:42 AM
#7088   Right on. skizimus 05/23/17 08:15:07 AM
#7087   Let’s start by putting the action we’ve seen bensonfoldsfive 05/22/17 09:05:41 PM
#7086   Great news down to 3 VinnyChase 05/22/17 02:21:04 PM
#7085   Great news down to 4 VinnyChase 05/19/17 03:23:50 PM
#7084   Great news down to .005 VinnyChase 05/18/17 09:32:22 PM
#7083   I got some today as well! :) skizimus 05/18/17 02:37:58 PM
#7082   MMs manipulation down iot get cheapies, soon will yesterdaysnews74 05/18/17 01:54:39 PM
#7081   Great news yesterdaysnews74 05/18/17 01:49:05 PM
#7080   https://www.youtube.com/watch?v=10F5_UDi1oE skizimus 05/18/17 08:20:15 AM
#7079   Opening up a FOIA request to get to yesterdaysnews74 05/16/17 08:17:22 AM
#7078   Exactly. For me this is already at the skizimus 05/15/17 09:06:42 AM
#7077   if that was the case then 75% otc rebelpenny 05/15/17 08:59:08 AM
#7076   Well I heard..... skizimus 05/14/17 12:02:00 AM
#7075   heard that SEC is going to halt because colmar 05/13/17 10:17:51 PM
#7074   Another very exciting day. Have a good weekend all. skizimus 05/12/17 04:07:26 PM
#7073   With the amount of shares changing hands, I TheBullTwit 05/12/17 03:51:23 PM
#7072   LMAO!! IKR. Poor thing should get out while skizimus 05/12/17 03:38:07 PM
#7071   love it when vinny shows up, so insightful LOL. rebelpenny 05/12/17 03:09:15 PM
#7070   Future growth? They were bagged. This isn't a VinnyChase 05/12/17 10:49:59 AM
#7069   Got a super strong feeling here, little risk. Mere yesterdaysnews74 05/11/17 09:47:53 PM
#7068   Let's all keep the positive thoughts my friend. bensonfoldsfive 05/11/17 09:26:56 PM
#7067   https://youtu.be/ySfwW_xSRU4 VinnyChase 05/09/17 12:09:13 PM
#7066   exactly. I had some up for sale but skizimus 05/08/17 10:14:30 AM
#7065   SMART MONEY GRABBING THIS LOW FLOATER [SMART MONEY] 05/08/17 09:20:55 AM
#7064   nice journaljack rebelpenny 05/08/17 08:21:35 AM
#7063   Azonichealthsciences.com JournalJack 05/06/17 11:20:21 PM
#7062   so whats next for this company??? peace_money 05/06/17 01:26:30 AM
#7061   Up 86%. Not bad for a Friday close. sjoseph 05/05/17 06:37:58 PM
#7060   this is the strangest little piece of nothing colmar 05/05/17 04:54:23 PM
#7059   Odd to see such price movement with such elback 05/05/17 04:23:34 PM
#7058   Told everyone it hasn't been a real company VinnyChase 05/05/17 04:02:35 PM
#7057   Same here, the recent volume has me curious. BigDirty 05/05/17 03:57:46 PM
#7056   thanks for info. Maybe RM play now. will rebelpenny 05/05/17 03:42:58 PM
#7055   Just saw this on LDS board?????? BigDirty 05/05/17 03:41:03 PM
#7054   47 mill on bid, something up rebelpenny 05/05/17 03:35:07 PM
#7053   Let's gooooo crazy news coming VinnyChase 05/05/17 03:14:22 PM
#7052   This isn't even a company of course not VinnyChase 05/05/17 02:56:28 PM
#7051   Dude was there any news for this volume? KingTigerII 05/05/17 02:48:07 PM
#7050   LEGOOO PUMP PUMP PUMP IT UP VinnyChase 05/05/17 01:03:15 PM
#7049   I think something really nice about to happen here!! skizimus 05/05/17 01:01:57 PM
#7048   nice move today with bid support along the way rebelpenny 05/05/17 12:42:48 PM
#7047   precisely just got more the last couple days. skizimus 05/05/17 09:47:14 AM
#7046   All that matters is what's happening now and bensonfoldsfive 05/04/17 10:16:26 PM
#7045   No, that's silly, there's really nothing here colmar 05/04/17 07:20:51 PM
#7044   Think it'll go up after federal legalization? jonner 05/04/17 05:14:21 PM
#7043   Are you ready for it to move? yesterdaysnews74 05/02/17 02:05:40 PM
#7042   I needed 2 more shares to make it sjoseph 04/28/17 07:28:15 PM
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