Replies to post #11995 on Wisdom Homes of America Inc (fka WOFA)

[Sooth_Sayer]

A big loss is better than a total loss. That happened to me on TPN*. It went to the gray market after suspension for being delinquent for so long.

[BefallenKnight]

Total loss is a risk with all penny plays. Like I said, WOFA isn’t making bombastic statements about their business, nor are they issuing shares to raise money, and they regularly update share structure so my guess is the SEC isn’t terribly interested.

My guess here is that management knows they are on borrowed time, as you have noted. Hopefully this means they will be ready to take action soon. It’s not like there has really been any income to report which should make getting current a little easier.