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Wisdom Homes of America Inc. (WOFA)

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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

Involved in more than one company. Here's an article on one of his others:

https://investingnews.com/daily/resource-investing/agriculture-investing/cannabis-investing/lifestyle-delivery-systems-outlines-strategy-recreational-use-california/


Wisdom Homes of America
500 North Northeast 323 Loop
Tyler, Texas 75708
Phone: (903) 593-7855
www.WisdomHomesofAmerica.com




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.
 

Citadel Securites LLC HAS A SIGNIFICANT OWNERSHIP HERE IN WOFA  FILED 07/13/2017 - OF NOTE IS THE FACT THE FORMER FED HEAD BEN BERNAKE WORKS FOR THIS  COMPANY.
  A. Citadel Securities LLC  
       
  (a) Amount beneficially owned: 772,594  
       
  (b) Percent of class:  26.4%  
       
       
       
  B. CALC III LP  
       
  (a) Amount beneficially owned:  772,594  
       
  (b) Percent of class:  26.4%  
       
  C. Citadel Securities GP LLC  
       
  (a) Amount beneficially owned:   772,594  
       
  (b) Percent of class:  26.4%  
       
       
  D. Kenneth Griffin  
       
  (a) Amount beneficially owned:  772,594  
       
  (b) Percent of class:  26.4%  
       

 

Each Reporting Person disclaims beneficial ownership of any of the securities covered by this statement, except to the extent of any pecuniary interest therein.

Additionally Carebourn Capital, L.P. has aquired a  interest in WOFA just a week earlier on 7/06/2017

  (a)

Name of Person Filing

Carebourn Capital, L.P.

     
  (b)

Address of the Principal Office or, if none, residence

8700 Blackoaks Lane North, Maple Grove, Minnesota 55311

     
  (c)

Citizenship

United States of America

     
  (d)

Title of Class of Securities

Common Stock

     
  (e)

CUSIP Number

97717U202

 

  (a) Amount beneficially owned: 18,780,668
     
  (b) Percent of class: 9.99%
     

 


Share Count as of 12/15/2017


AS: 920,000,000   per NVSOS 

OS: 787,809,137 - TA confirmed


 


 

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WOFA News: Amended Statement of Ownership (sc 13g/a) 02/14/2018 05:52:10 PM
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PostSubject
#10363  Sticky Note TransCanna™ is “One to Watch” April 20, 2018 Creating a m931a1 06/16/18 08:24:39 AM
#10356  Sticky Note WOFA PAY CLOSE ATTENTION HERE CMsixfigures 06/15/18 11:31:46 PM
#10741   In other plays this one is a long kaisdaboss88 07/20/18 12:21:48 PM
#10740   Glad someone is making some coin. TAB78 07/20/18 12:18:55 PM
#10739   I feel ya I've been making a lot kaisdaboss88 07/20/18 12:04:30 PM
#10738   If it stays here long enough I will TAB78 07/20/18 12:03:23 PM
#10737   You and I both kaisdaboss88 07/19/18 10:58:13 PM
#10736   CHART WOFA CMsixfigures 07/19/18 10:36:56 PM
#10735   WOFA$$$ CMsixfigures 07/19/18 10:30:08 PM
#10734   WOFA$$$ Wisdom Homes Of America Inc (WOFA) CMsixfigures 07/19/18 10:29:25 PM
#10733   WOFA$$$$ WILL HAVE ITS DAY 10 BAGGER MARK POST CMsixfigures 07/19/18 10:24:33 PM
#10732   Congratulations, high volume is the way to go TAB78 07/19/18 12:34:46 PM
#10731   Loaded 15 million and ready to hold for sjoseph 07/19/18 12:16:38 PM
#10730   Understand, I don't like to put a timeline TAB78 07/19/18 11:45:02 AM
#10729   My timeline is 2-3 months elback 07/19/18 11:38:08 AM
#10728   Just saying that's how long one must wait TAB78 07/19/18 11:02:53 AM
#10727   2 or 3 Years? I’m thinking this fall! Teekobrohey 07/19/18 10:54:42 AM
#10726   Like I said I am not going anywhere TAB78 07/19/18 01:15:18 AM
#10725   HOLDING A LARGE QUANTITY HERE WOFA WILL BECOME CMsixfigures 07/18/18 11:48:05 PM
#10724   Hang on till December. For some reason mj Cantonwine 07/18/18 10:20:53 PM
#10723   I understand, I try not to pump, but TAB78 07/18/18 08:18:04 PM
#10722   No one is pumping. We all know the sjoseph 07/18/18 07:29:29 PM
#10721   Kinda sucks but gotta keep it real elback 07/18/18 06:28:14 PM
#10720   Sad to hear one share holder to another TAB78 07/18/18 06:11:27 PM
#10719   You Won’t Get a Response elback 07/18/18 06:06:33 PM
#10718   Hopefully i get response soon, might help if TAB78 07/18/18 11:14:21 AM
#10717   Dead money here elback 07/18/18 10:33:22 AM
#10716   I searched, that was the best I could do. TAB78 07/17/18 08:08:16 PM
#10715   Anyone have the direct email address to CEO? sjoseph 07/17/18 06:55:22 PM
#10714   Good idea, so I did. Here is the TAB78 07/17/18 08:38:10 AM
#10713   Say something along the lines of, “ya have Teekobrohey 07/17/18 02:02:58 AM
#10712   I SUGGEST WE EMAIL CEO WOFA$$$$$$$$$$$4 CMsixfigures 07/17/18 01:34:07 AM
#10711   Don't type while 1/2 asleep, my last doesn't TAB78 07/16/18 08:12:04 AM
#10710   True me neither and again Not could months, TAB78 07/14/18 02:13:28 PM
#10709   could be years skizimus 07/13/18 01:47:07 PM
#10707   Yup .0003 is bid support elback 07/13/18 10:55:13 AM
#10706   Exactly in the meantime we forcing out rookies kaisdaboss88 07/13/18 10:31:11 AM
#10705   Loading zone if you have coin, if not TAB78 07/13/18 09:27:58 AM
#10704   Yeah on decent volume too elback 07/12/18 10:41:22 PM
#10703   WTF! WOFA down to .0004 again! Rat Fink 07/12/18 10:19:15 PM
#10702   Well said peeps will fuss around at .0004 TAB78 07/12/18 06:03:37 PM
#10701   WOFA Trapped by 13mm Ask Wall elback 07/12/18 10:20:28 AM
#10700   Yea letm dump 4 if they dumb skizimus 07/11/18 04:21:03 PM
#10699   Show strength and clear them out elback 07/11/18 10:53:34 AM
#10698   Why you want us to give that seller sjoseph 07/11/18 09:58:22 AM
#10697   Any of you whales gonna take out .0005? elback 07/11/18 09:43:13 AM
#10696   Yep. It'll be good to flush out the skizimus 07/11/18 07:52:07 AM
#10695   http://allotcbb.com/quote.php?symbol=WOFA CMsixfigures 07/11/18 01:35:53 AM
#10694   Any support to backup claim of pivotal month? elback 07/11/18 01:35:51 AM
#10693   This year has got us closer. This month bensonfoldsfive 07/11/18 12:24:47 AM
#10692   I'll make 5 seller dump to 4s kaisdaboss88 07/10/18 11:51:45 PM
#10691   WISDOM HOMES OF AM (WOFA) CMsixfigures 07/10/18 12:51:15 PM
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