SOURCE: Wisdom Homes of America, Inc.

Wisdom Homes of America, Inc.

July 09, 2015 10:00 ET

Wisdom Homes Reports 2nd Quarter Revenue; Provides Update on Sherman Residential Development

TYLER, TX--(Marketwired - Jul 9, 2015) - Wisdom Homes of America, Inc. ("Wisdom Homes" or the "Company') (OTCQB: WOFA), an owner and operator of manufactured homes retail centers, that has positioned itself to provide homebuyers the opportunity to purchase quality, affordable manufactured homes from our retail locations in Texas, today announces revenue for the quarter ending June 30, 2015.

"Our total revenue for the second quarter exceeded $1.2 million and we continue to project revenues of at least $4 million by the end of 2015, which will be our first full year owning and operating manufactured home retail centers in Texas," stated Brent Nelms, President of Wisdom Homes of America, Inc. "Our brand is becoming more recognizable in our respective markets and we're starting to generate referral business too, both of which are driving traffic."

"Our goal as we expand is to position our new retail centers near manufactured home subdivisions and communities and therefore sell into those developments," stated Jim Pakulis, CEO of Wisdom Homes of America. "The model we've created in Sherman, TX creates two revenue streams from the sale of manufactured houses; selling from our soon to open Sherman retail center and selling land-home packages in the Sherman residential subdivision. The structure and financial modeling for Sherman is less than ten days from being completed. We anticipate providing an updated report once everything has been finalized." 

About Wisdom Homes of America, Inc.
Wisdom Homes of America, Inc. is a manufactured housing retail center owner and operator. Wisdom Homes is headquartered in Tyler, Texas. The Company's common stock trades on the OTCQB, 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" (as defined in the Private Securities Litigation Reform Act of 1995). 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.

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