Line a baking tray with parchment paper and set aside.
Place a stroopwafel on a table or cutting board covered with parchment paper. Using your cookie cutter, press down on the stroopwafel until the cookie cutter has pierced the stroopwafel all the way through. Peel the excess stroopwafel from the outsides and pop the heart shaped stroopwafel out. Place it on the baking tray. Discard the excess pieces (or dunk them in your coffee as you make these fun treats!).
Once you have as many heart shaped stroopwafels as you like, place a small amount of the melting candy into a bowl and melt it in the microwave in 30 second intervals, stirring until smooth.
When the melting candy is smooth, place a dollop of it on the back of the stroopwafel and place a lollipop stick into it. Cover the rest of the lollipop stick with the melting candy so that it is not visible.
Once all of the stroopwafel hearts have lollipop sticks attached, place the baking sheet in the refrigerator for about 10 minutes so the candy hardens.
Remove the baking tray from the refrigerator.
In a large bowl, microwave the rest of the melting candy in 30 second intervals, stirring until it is smooth.
You can either dip the stroopwafel into the melting candy or take a butter knife and apply the melting candy to the front of the stroopwafel. Apply your favorite sprinkles. It is important to move quickly so that the melting candy does not harden before the sprinkles have been added.
Once all of the sprinkles have been added, return the baking tray to the refrigerator for an additional 10 minutes.
Serve at room temperature with your favorite sweetheart or valentine.