Dream Homes & Development Corp. (OTCBB: DREM)

Dream Homes & Development Corp. is a full service construction company based in Forked River, New Jersey equipped to complete all aspects of a building project from design, architectural, engineering, and construction.  As licensed new home builders and general contractors, Dream Homes is actively raising, renovating and reconstructing homes up and down the New Jersey shore area.  In addition to its renovation and elevation division, Dream has several properties in development, comprising new single family homes and townhome projects.  Please visit our website at www.dreamhomesltd.com

Click link below to download the Dream Homes & Development Corp. fact sheet:

http://dreamhomesltd.com/wp-content/uploads/Dream-Homes-Investor-Fact-Sheet-JUNE-2017-FINAL.pdf

 

Dream Homes & Development Corporation shows Profitable Results, Expands Business, and Adds Key Personnel in Q2 Report for 2017

FORKED RIVER, NJ – August 22, 2017 – Dream Homes & Development Corporation (OTCQB: DREM), a licensed new home builder and general contractor, has filed its second quarter financial report.  The Company reported gross profit of $530,545 and a net profit before taxes of $132,917 on construction revenues of over $1.76 million.  The entire filing can be viewed at https://www.otcmarkets.com/stock/DREM/filings.

Dream Homes is a fully integrated real estate Company specializing in the elevation and moving of homes, new construction of townhouses and single-family homes, as well as development and sale of approved, single-family homes and various residential properties located throughout central /southern New Jersey.  Dream Homes had several operational achievements and milestones during the quarter ended June 30, 2017

  • Vince Simonelli, as Chairman and CEO of Dream Homes, proudly announces that the Company was able to deliver profitable results on a net basis despite costs associated with going public.
  • The new stock symbol DREM was granted on Tuesday, May 2, 2017 and effectively completed the process to bring our dynamic company public.  The Company announced this action on May 5, and discussed how Dream performs full construction and development services, since it is licensed as both new home builder and general contractor and offers the full spectrum of services that a client may need.  For this reason, Dream occupies a unique place in the market. 
  • On May 24, 2017, Dream announced that it would transition from commonly used construction materials to next generation materials over a long-term plan with LIG Assets, Inc. 
  • On June 1, 2017, Dream Homes issued a significant press release that included the acquisition of a new modular division and showroom in Point Pleasant, NJ.  The showroom offers a complete kitchen, bath, flooring and finish design center.  The acquisition included four ongoing projects, a new VP of Sales Lou Obsuth, and clear potential for extensive prospects from Lou’s contacts / client base. 
  • Also on June 1, 2017, Dream hired Joe Pascucci as its VP of Business Development.  Joe developed and led the elevation, renovation and new home division for a competitor over the last four years and was responsible for $8 million in sales during that time.

Mr. Simonelli stated, “The business of elevation and renovation has evolved tremendously over the last 4 years at the Jersey Shore, and Dream Homes has remained as one of the best builders and general contractors in New Jersey. We’ve completed almost 200 complete elevation and renovation projects, including 28 that other contractors had abandoned. Due to our reputation and ability to handle varied and difficult construction projects, we’re growing steadily and constantly improving our Dream Team. We’re proud to be the only public company performing this type of work at the shore and will continue to be the preferred choice for elevation, renovation and new construction needs in the years to come.”

 

Management and Personnel Overview:

Dream Homes is led by Vincent Simonelli, who has been directly involved in the development, construction and sale of over 2000 home and commercial projects since 1993 in New Jersey.  In addition to developing and building over 1600 single and multi-family units, Vince developed an additional 1000 units which were sold to other national builders as well as over 200 elevation and renovation projects.

Tim Tennis has over 30 years’ experience in both commercial and residential applications. In addition, Tim is or was licensed in all three mechanical trades (plumbing, electric and HVAC) and brings a wealth of structural experience to the table. Tim oversees and runs the busiest Dream region, which is the northern Ocean region and has directly overseen over 80 elevation and new home construction projects for Dream.

Dream Homes has one regional project manager and five project managers who manage construction projects in building regions.  Additionally, Dream Homes has five separate carpentry and framing crews, its own plumbing crew, its own dedicated HVAC crew, and a licensed electrician on staff.

 

Additional disclosures and disclaimers   

MATERIAL CONTAINED IN THIS WEBSITE IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO CONSTITUTE AN OFFERING OF SECURITIES IN ANY JURISDICTION. Information disclosed under the corporate and securities laws of those jurisdictions is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through or on this Website. Due to the technical and security risks inherent in the Internet, and because a document you access may differ from the original depending on your browser software, the information set out in this Website should not be used for the purpose of making investment decisions. If you are contemplating trading in any securities, you should contact a licensed financial representative or advisor to determine whether the investment is suitable.

Certain statements in this website or the documents included therein may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Fund or the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this website or the documents included therein, such statements use such words as "may", "will", "expect", "believe", "plan" and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of such documents. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved.  

Since Green Chip Investor Relations is receiving compensation and may hold stock in the company there may be an inherent conflict of interest in our statements and opinions and such statements and opinions cannot be considered independent. We may benefit from any increase in share price of the company. We may sell our shares at any time, without notice, be that before, during or immediately after the release of this material. Furthermore, our associates and/or employees and/or principals may have stock positions in client companies purchased in the open market or in private transactions.  Green Chip Investor Relations was under contract with Dream Homes & Development Corporation from February 7, 2017 through August 31, 2017, during which time has received cash compensation totaling $8,000 and 56,000 shares of restricted common stock in DREM.  It is agreed that this agreement was completed satisfactorily.  

ext missing


...