TYLER, TX - (NewMediaWire) - April 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.
The Company and its manufacturer are confident that these modifications will not only increase the production output but will also reduce its cost of goods. The new production capacity is expected to exceed one million finished and packaged deliverable units per month. "Our manufacturer is taking proactive steps necessary to meet, what we all believe to be, is the future demand for strips. We've very excited about these new developments, and it appears that with growing demand production is the only limiting factor. In short, we're striving to make sure that we're able to fulfill all of the future orders received for our strips," states Jim Pakulis, President of WOFA.
The Company is working diligently with their auditors in preparation of filing the 10-K and will update investors and shareholders accordingly. 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.
About Wisdom Homes of America, Inc.
Wisdom Homes of America, Inc., located in Tyler, Texas, has discontinued its manufactured housing retail centers. The Company concentrates on licensing products and technology that benefit the cannabis patient and consumer. The Company's common stock trades on the OTC Pink, under the ticker symbol "WOFA". More information about Wisdom Homes can be found at http://wisdomhomesofamerica.com
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements". Wisdom Homes of America, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Wisdom Homes of America, Inc. undertakes no obligation to revise these statements following the date of this news release.