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:
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
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
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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.