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Doray Min Def

Doray Min Def (DRMN)

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DRMN Latest News

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DRMN Discussion

View Posts
Rawnoc Rawnoc 17 years ago
Bad move.
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BRIG_88 BRIG_88 17 years ago
Now on amex as DRJ....BRIG
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BRIG_88 BRIG_88 17 years ago
should do well on amex....BRIG
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rambo1 rambo1 17 years ago
Up 15% and gaining fast. On monday DRMN.ob is changing to DRJ on the American Stock Exchange, this stock is a pickup now.
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BRIG_88 BRIG_88 17 years ago
Dreams, Inc. Reports Third Quarter 2007 Financial Results
Last update: 2/15/2007 9:30:00 AM
3Q2007 Revenues up 36% to Record $24.8 Million; 3Q2007 Net Income Up 31% to Record $2.1 Million
PLANTATION, Fla., Feb 15, 2007 /PRNewswire-FirstCall via COMTEX/ -- Dreams, Inc. (OTC Bulletin Board: DRMN.OB) announced today its financial results for the third quarter of fiscal year 2007, and the nine-month period ending December 31, 2006. Revenues were up 36% to a record $24.8 million and net income increased 31% to a record $2.1 million for the quarter ending December 31, 2006, compared to revenues of $18.2 million and net income of $1.6 million for the comparable quarter of fiscal 2005. For the nine-month period ending December 31, 2006, revenues were up 32% to a record $41.3 million and net income was up 17% to a record $1.4 million compared to revenues of $31.2 million and net income of $1.2 million for the comparable nine-month period of fiscal 2005.
Chief Executive Officer Ross Tannenbaum commented, "These were record- breaking periods for Dreams, Inc. and we are quite pleased with our results and the ongoing operational improvements made throughout the organization. More importantly, our record financial improvements are a testament to the commitment and dedication of all of the associates on the Dreams' Team."
For the quarter, total revenues rose 36% to $24.8 million; with the largest component coming from e-commerce. This division produced another outstanding quarter with an 82% growth rate; achieving sales of $17.5 million as compared to the division's sales of $9.6 million in the fiscal third quarter 2006.
For the nine-month period, total revenue increased 32% to $41.3 million; again with the largest component coming from e-commerce. This division's sales rose 73% to $25 million compared to $14.4 million for the nine-month period last year.
Additional accomplishments and highlights include:
-- We were delighted to announce (2/2/07) the exclusive signing of Peyton Manning, superstar quarterback and MVP of the Super Bowl Champion Indianapolis Colts, to an exclusive autograph deal with Dreams' memorabilia subsidiary, Mounted Memories. As part of the agreement, Peyton will autograph helmets, jerseys, footballs and limited-edition collectibles designed by our team at Mounted Memories. Dreams partnered with Steiner Sports, a fully-integrated sports marketing agency in New York, to control the vast marketing and distribution opportunities of authentic, signed Peyton Manning memorabilia.
-- We announced (1/30/07) our plans to seek an American Stock Exchange listing for our common shares and believe this to be the next natural step in the company's maturation process.
-- We announced (1/3/07) our acquisition of 3 Field of Dreams(R) stores in the Las Vegas market as we believe this city offers unlimited potential for our concepts and products.
-- We announced (11/1/06) that Dr. Phillip Frost, through The Frost Group, LLC, had purchased a 14% equity position in Dreams as a result of his confidence in our business model.
"In all, we believe we have produced a winning combination to continue to grow our brands and financial performance versus the respective category results from the prior periods," Tannenbaum concluded.
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BRIG_88 BRIG_88 17 years ago
The news story says exclusive so i think they locked him up.....big win imo....going to Amex another.....BRIG
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Starnes Starnes 17 years ago
BRIG..So I guess the Manning exclusive contract is just that? No more upperdeck or Global Authentic signings? That would be whopper news. All one has to do is go to ebay and see what these items are going for. Sounds promising if that is the case.
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BRIG_88 BRIG_88 17 years ago
Doh!!!....me thank you for help.....BRIG
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Mattu Mattu 17 years ago
You forgot to add the ticker to the board, jacknut. I fixey for you.
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BRIG_88 BRIG_88 17 years ago
lol.....btw...your opinion on this stock?...look it over....BRIG
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BuzzOnDaBeach BuzzOnDaBeach 17 years ago
In your case ................

I'd have to say a nightmare!

But I love you anyway big guy.

Buzz
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BRIG_88 BRIG_88 17 years ago
life is but a dream......BRIG
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BuzzOnDaBeach BuzzOnDaBeach 17 years ago
How do you know you're just not dreaming all of this?
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BRIG_88 BRIG_88 17 years ago
read this news story Frost the billionaire is behind this company and he is sharp. He's the same player on EXEG......BRIG

http://biz.yahoo.com/bizj/061115/1376774.html?.v=1
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BRIG_88 BRIG_88 17 years ago
DRMN just signed Peyton Manning to an exclusive deal and is applying for Amex listing.
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