$DREM big news out: Dream Homes & Development Corp
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Posted On: 10/27/2020 11:11:43 AM
$DREM big news out: Dream Homes & Development Corporation Reports Record Jobs in Process in Q3 2020
FORKED RIVER, NJ / ACCESSWIRE / October 27, 2020 / Dream Homes & Development Corporation (OTC PINK
REM), a regional builder and developer of new single-family homes and subdivisions, as well as a market leader in coastal construction, elevation and mitigation, today announces results for the quarter ended September 30, 2020, for the crucial jobs in process.
Company Highlights
Company Announces a Significant Increase in Jobs in Process in Q3 2020
Company announces Record Third Quarter completed, and jobs in process contracts of $7,807,467
Estimated gross profit for these nineteen jobs in process aggregate $1,895,552
Company has out for bid 20 jobs with potential sales contract in excess of $6 million
CEO and Chairman Vince Simonelli had the following comments, "The Company continues to record outstanding results for the third quarter of this year, as well as the year to date. The continued strong market interest will positively contribute to the Company's sales through the end of 2020 and well into 2021. I'm extremely pleased with the Company's results."
In addition, Simonelli stated, "I anticipate that we will reach or exceed the $6,000,000 mark in contract sales this year. We've worked extremely hard over the last few years to reach these milestones, and it's really gratifying and rewarding when we can see those efforts culminate in results."
Company Contacts:
Dream Homes & Development Corp.
Vincent Simonelli, President & CEO
Office: (609) 693-8881
Email: vince@dreamhomesltd.com
Investor Relations:
Matt Chipman, Green Chip Investor Relations
818 923 5302
Matt@greenchipir.com
FORKED RIVER, NJ / ACCESSWIRE / October 27, 2020 / Dream Homes & Development Corporation (OTC PINK
REM), a regional builder and developer of new single-family homes and subdivisions, as well as a market leader in coastal construction, elevation and mitigation, today announces results for the quarter ended September 30, 2020, for the crucial jobs in process. Company Highlights
Company Announces a Significant Increase in Jobs in Process in Q3 2020
Company announces Record Third Quarter completed, and jobs in process contracts of $7,807,467
Estimated gross profit for these nineteen jobs in process aggregate $1,895,552
Company has out for bid 20 jobs with potential sales contract in excess of $6 million
CEO and Chairman Vince Simonelli had the following comments, "The Company continues to record outstanding results for the third quarter of this year, as well as the year to date. The continued strong market interest will positively contribute to the Company's sales through the end of 2020 and well into 2021. I'm extremely pleased with the Company's results."
In addition, Simonelli stated, "I anticipate that we will reach or exceed the $6,000,000 mark in contract sales this year. We've worked extremely hard over the last few years to reach these milestones, and it's really gratifying and rewarding when we can see those efforts culminate in results."
Company Contacts:
Dream Homes & Development Corp.
Vincent Simonelli, President & CEO
Office: (609) 693-8881
Email: vince@dreamhomesltd.com
Investor Relations:
Matt Chipman, Green Chip Investor Relations
818 923 5302
Matt@greenchipir.com
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