WOFA Wisdom Homes of America Inc (CE)

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

Form 8-K

 

Current Report 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 13, 2014

 

SEARCHCORE, INC.

(Exact name of registrant as specified in its charter)

 

Nevada		000-51225		43-2041643
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

  

500 North Northeast Loop 323 

Tyler, TX 75708 

(Address of principal executive offices) (zip code)

 

(855) 266-4663 

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Section 7 - Regulation FD

 

Item 7.01 Regulation FD Disclosure.

 

On October 13, 2014, we issued a press release regarding our wholly-owned subsidiary, Wisdom Homes of America, Inc., and its recent order for additional inventory of 15 manufactured homes, which are anticipated to arrive in January 2015.

 

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including the exhibits hereto, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1

SearchCore, Inc. Press Release dated October 13, 2014

 

2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

	SearchCore, Inc.
Dated: October 14, 2014	By:	/s/ James Pakulis
	Name:	James Pakulis
	Its:	President and Chief Executive Officer

 

 

3

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EXHIBIT 99.1

 

 

Wisdom Homes of America Provides Inventory Update

 

Tyler, Texas – October 13, 2014 – SearchCore, Inc. (OTCQB: SRER) a manufactured housing retail center owner and operator that operates its retail centers through its wholly owned subsidiary Wisdom Homes Of America, Inc., announces new manufactured home inventory orders based on recent sales.

 

“In August we announced that we had received an inventory of 13 manufactured homes as well as placing an order for 15 more manufactured homes which we received in September. In September we placed an order for an additional 12 manufactured homes which we expect delivery of in November. Last week we announced that for the third quarter 2014, we generated sales of $351,500 from the sale of manufactured homes” commented CEO, Jim Pakulis, “Most of our sales were generated from our Tyler, Texas retail center, which we got up and running during the third quarter. As we move into the fourth quarter, we anticipate seeing results from our Jacksboro, Texas retail center, and begin to deliver model homes to our Mt. Pleasant, Texas retail center in anticipation of a pre-opening during the holiday season.”

 

Today, the company announces that based on recent sales it has placed an order for an additional 15 manufactured homes, with an option for 7 more, which are anticipated to arrive in January 2015. The homes ordered are 2015 models.

 

“We have taken advantage of an attractive financing program offered by our manufactured home supplier,” said Brent Nelms, President of Wisdom Homes of America, “this financing program effectively increases our flooring capacity and provides us the opportunity to match our inventory financing needs with our increasing sales.”

 

About SearchCore, Inc.

 

SearchCore, Inc., founded in 2010, is a manufactured housing retail center owner and operator. The company is headquartered in Tyler, Texas. The Company’s common stock trades on the OTCQB, under the ticker symbol “SRER.”

 

Safe Harbor Notice

 

Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). SearchCore, 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. SearchCore, Inc. undertakes no obligation to revise these statements following the date of this news release.

 

Company Contact

 

SearchCore, Inc.

(855) 266-4663

info@searchcore.com

 

Investor Relations Contact

 

Financial Profiles, Inc.

(206) 623-2233

searchcore@finprofiles.com