Home > Boards > US OTC > Cannabis > Wisdom Homes of America Inc. (WOFA)

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BefallenKnight   Thursday, 12/05/19 02:58:29 PM
Re: Tiger Money post# 11971
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Here’s what I have been able to found ou about what’s at play:

1. WOFA current or possibly former CEO is/was James Pakulis, a person with considerable ties to the legal North American cannabis industry. Pakulis also is or was the CEO of TransCanna, a publicly traded cannabis company based in Canada. He also applied for and was granted a cannabis distribution license in California

2. Even though WOFA has provided zero business updates or financial reports in 3 years, the company regularly updates share structure. The last update was around August 2019 and there were 900mm shares available with 787mm outstanding

3. Every so often WOFA pops 100-200% intraday on heavy volume around 200-500mm shares.

Not much else going on so it’s a waiting game. I’m not a buyer until the shell starts showing a core business. I’d rather be a chaser than a bagholder.

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