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): January 21, 2015

 

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)

 

(800) 727-1024

(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 January 21, 2015, we issued a press release regarding our wholly-owned subsidiary, Wisdom Homes of America, Inc., and its sales of $725,000 from the sale of manufactured homes for the fourth quarter of 2014.

 

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	Press Release dated January 21, 2015

 

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: January 21, 2015	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 Announces Q4 2014 Revenue

 

Tyler, Texas – January 21, 2015 – 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., today announced that the Company generated $725,000 in revenue during the fourth quarter, 2014.

 

Wisdom Homes reported sales of $725,000 for the fourth quarter of 2014, an increase of 106% as compared to $351,500 in sales of manufactured homes for the third quarter of 2014.

 

“We had steady traffic at our retail stores in the fourth quarter, especially in December, and our revenue came in as expected,” commented SearchCore, Inc. President, Brent Nelms. “Also in December, we opened our Mount Pleasant location, our largest retail center to date, with over 3 acres to showcase our model home inventory. Mt Pleasant will also serve as an inventory warehouse for our other locations. This is an ideal situation for us as we create and grow the 'hub and spoke' model in north east Texas.”

 

“We've seen no interruption in traffic at our retail stores as a result of the drop in gas prices,” stated SearchCore's CEO, Jim Pakulis. “In fact, less than 10% of our existing customers are in the petroleum industry. Our retail centers are located outside the Texas petroleum belts, and we've mapped out our future stores to cater to a variety of robust, diversified industries; just like our existing stores do. Furthermore, Texas continues to bring in many different types of companies from other states due to its business friendly climate. This combination of factors positions us for continued growth well into the future.”

 

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.

(800) 727-1024

info@searchcore.com

 

Investor Relations Contact

 

Surety Financial Group, LLC

410-833-0078

info@suretyfingroup.com