Dynamic Ventures Corporation Reports First Quarter 2012 Financial and Operational Results
Quarter Over Quarter Revenue Increased Over $3.9 Million
(firmenpresse) - SCOTTSDALE, AZ -- (Marketwire) -- 05/15/12 -- Dynamic Ventures Corporation (OTCBB: DYNV) today announced its financial and operational results for the first quarter 2012.
Revenue for the three month period ended March 31, 2012 was $4,266,248 compared to $277,111 for the same period in 2011 representing an increase of $3,989,137 or 1,439%
Gross profit for the three month period ended March 31, 2012 was $279,467 compared to $108,700 for the same period in 2011 representing an increase of $170,767 or 157%
The Company broke ground on a new $30 Million, 80-acre development in Tioga, North Dakota
This new community is expected to have:
Phase I - several commercial sites
Phase II - 20+ Single Family Home sites/90 Townhomes
Phase III - 40+ Single Family Home sites/commercial site
The Company broke ground on a new development in Stanley, North Dakota called Stanley Pasture (Valley View).
The proposed community is expected to have:
Open space area
Wetlands preserve area
Commercial sites
Single Family Residential
Multi-Family Residential
Mr. Kalkbrenner, CEO of Dynamic Ventures, stated, "As evidenced by our increase in revenues quarter over quarter, we believe we are in the right place at the right time. We will continue to devote our efforts to growing organically in North Dakota where the oil boom is bringing an unprecedented economic growth and a population surge to the area. We look forward to keeping shareholders updated as we continue to execute on our business plan."
Dynamic Ventures Corporation develops and markets efficient construction solutions for residential and commercial buildings. The company offers a turnkey solution enabling the firm to custom design, manufacture and install complete LEED certified structures.
This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include statements regarding the proposed new communities, our ability to grow our operations in North Dakota and the impact of such communities and growth on our operations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially including the incurrence of unanticipated expenses, inclement weather conditions, unavailability of market opportunities or our inability to execute upon such opportunities, economic and operational risks, changes in anticipated earnings, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its Quarterly Reports on Form 10-Q and its Annual Report on Form 10-K. The forward-looking statements provided above refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public. For information on Dynamic Ventures Corp., visit or Bundled Builder Solutions Inc., visit .
DC Consulting, LLC
407-792-3332
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Datum: 15.05.2012 - 06:30 Uhr
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News-ID 1114470
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