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That's better than the 1-8 in the filing.
Dino
01/30/2007 DRMS 1-6 R/S **Dreams, Inc. Common Stock DRMN Dreams, Inc. New Common Stock
AMEX here we come.
Dino
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
TO BE HELD JANUARY 25, 2007
Notice is hereby given that a Special Meeting of Stockholders of Dreams, Inc., a Utah corporation (the “Company”), will be held at 9:00 a.m. local time on January 25, 2007 at the Company’s headquarters, Two South University Drive, Suite 325, Plantation, Florida 33324 to consider and act upon the following items of business:
1. To authorize the Company to effect up to a 1-for-8 reverse stock split of the Company’s common stock and a reduction in the number of shares of common stock the Company is authorized to issue from Five Hundred Million (500,000,000) shares to One Hundred Million (100,000,000) shares (the “Recapitalization”);
PURPOSES OF THE RECAPITALIZATION
We intend to apply to list our Common Stock on the American Stock Exchange, Inc. The listing standards of the American Stock Exchange, Inc. require stocks to have minimum bid price of $2.00 per share at the time of their initial listing and maintain such price for a period of 20 trading days.
Pete Rose Gives Field of Dreams (R) an Exclusive for `I`m Sorry I Bet on Baseball` Autographed Baseballs
September 20, 2006 11:16:30 (ET)
PLANTATION, Fla., Sept 20, 2006 /PRNewswire-FirstCall via COMTEX/ -- Pete Rose announced today that he has given Field of Dreams(R) stores, a division of Dreams, Inc. (DRMS, Trade), an exclusive on an autographed baseball with his apology "I'm sorry I bet on baseball" inscribed on the ball.
The balls are available only at Field of Dreams(R) stores nationwide, including the Forum Shops in Las Vegas where Pete appears 52 weeks a year providing autographs and photo opportunities for his fans. The balls will also be available on http://www.peterose.com.
"Pete's fans are fiercely loyal and he is a legend," said Jorge Salvat, President of Field of Dreams(R). "Field of Dreams(R) has a long-term relationship with Pete, and we are the exclusive distributor of this authentic autographed Pete Rose product."
Pete Rose fans and collectors can order their "I'm sorry I bet on baseball" balls at Field of Dreams(R) stores across the country, on the internet and in person at the Forum Shops at Caesars Palace in Las Vegas, where he will inscribe this special ball to his fans.
"These 'I'm sorry I bet on baseball' balls are a part of sports history," added Salvat. "They are a must-have for Pete Rose fans."
About Dreams, Inc.:
Dreams, Inc. sets itself apart from other traditional memorabilia companies with diversified products and services provided through its operating subsidiaries.
Mounted Memories, its wholesale division, is a leader in production of authentic sports and celebrity autographed memorabilia and collectibles.
Field of Dreams, its exclusively licensed franchise system, has retail stores located in 29 premier shopping malls across the country, nine of which are company-owned through Dreams Retail Corporation.
The Greene Organization organizes promotional and personal appearance events for current and former athletes to Corporate America.
Malcolm Farley Art features the artwork of the famous sports and celebrity artist, Malcolm Farley.
FansEdge.com and ProSportsmemorabilia.com are the leading providers of licensed sports products and autographed memorabilia via the internet.
DREAMS, INC. trades under the ticker symbol: DRMS.OB
For more information on Dreams Inc. and its subsidiaries, please visit our web sites:
http://www.dreamscorp.com
http://www.fieldofdreams.com
http://www.peterose.com.
To receive future Dreams, Inc. news releases or announcements directly via Email, please register in the Dreams Email Broadcast at: http://www.dreamscorp.com/InvestorInfo/signUp.aspx
Statements contained in this press release, which are not historical facts, are forward looking statements. The forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made herein contain a number of risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, specific factors impacting the Company's business including increased competition; the ability of the company to expand its operations and attract and retain qualified personnel, the uncertainty of consumer's desires for sports and celebrity memorabilia; the availability of product; availability of financing; the ability to sell additional franchises; and general economic conditions.
SOURCE Dreams, Inc.
Investor Relations, David M. Greene, Senior Vice-President of Dreams, Inc.,
+1-954-377-0002, or fax, +1-954-475-8785, or dgreene@dreamscorp.com; or Public
Relations, Jennifer Clarin, jclarin@boardroompr.com, or Caren Berg, of Boardroom
Communications, +1-954-370-8999, or fax, +1-954-370-8892
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
DRMS news- Chicago Legend Butkus Launches Official Website
September 07, 2006 11:17:31 (ET)
CHICAGO, Sept 07, 2006 /PRNewswire-FirstCall via COMTEX/ -- FansEdge.com, the internet subsidiary of Dreams, Inc. (OTC Bulletin Board: DRMS.OB), is pleased to announce the launch of DickButkus51.com, the official website of Pro Football Hall of Fame member and Chicago Bears legend Dick Butkus. FansEdge.com will serve as the back-end operator of the website and was integral in the design and content.
The website, which features Butkus' biography, career statistics, photos, and online fan store (ShopButkus.com), went live just in time for the Bears' 2006 regular season opener against their NFC North division foe, the Green Bay Packers, on September 10.
As the NFL's oldest rivalry is renewed, Bears fans can visit DickButkus51.com to learn more about Butkus, one of the most storied players in the 85-year-old, 170-game Packers-Bears rivalry. Known for his all-out style of play, he was without peer when it came to tackling -- and punishing -- opposing ball carriers. MacArthur Lane, a Packers running back who played against Butkus once said: "If I had a choice, I'd sooner go one on one with a grizzly bear. I pray that I can get up every time Butkus hits me."
After starring as an All-American middle linebacker for the University of Illinois, Butkus became a starter at the same position with the Chicago Bears in 1965, his rookie season. His coach was team founder, George "Papa Bear" Halas, and his star teammate, and fellow rookie, was Hall of Fame-bound running back Gale Sayers. In the ensuing nine years, Dick Butkus carved out a legacy of intensity and intimidation that more than lived up to the Bears' moniker of Monsters of the Midway.
When knee injuries ended Dick Butkus' playing days, he went on to success in motion picture and television roles, including a series of advertisements for Miller Lite that made "Less Filling, Tastes Great!" a household phrase. He was inducted into the Pro Football Hall of Fame in 1979 and was voted to the NFL's All-Time Team in 2000.
Today Dick Butkus divides his time between his family, acting career, and the charities he supports. He remains a Chicago icon and DickButkus51.com is a fitting tribute to the player many NFL fans consider the greatest middle linebacker of all time.
About Dreams, Inc.:
Dreams, Inc. sets itself apart from other traditional memorabilia companies with diversified products and services provided through its operating subsidiaries.
Mounted Memories, its wholesale division, is a leader in production of authentic sports and celebrity autographed memorabilia and collectibles.
Field of Dreams, its exclusively licensed franchise system, has retail stores located in 29 premier shopping malls across the country, ten of which are company-owned through Dreams Retail Corporation.
The Greene Organization organizes promotional and personal appearance events for current and former athletes to Corporate America.
Malcolm Farley Art features the artwork of the famous sports and celebrity artist, Malcolm Farley.
FansEdge.com and ProSportsmemorabilia.com are the leading providers of licensed sports products and autographed memorabilia via the internet.
DREAMS, INC. trades under the ticker symbol: DRMS.OB
For more information on Dreams, Inc. and its subsidiaries, please visit our web sites:
www.dreamscorp.com
www.mountedmemories.com
www.fieldofdreams.com
www.malcolmfarleyart.com
www.fansedge.com
www.prosportsmemorabilia.com
www.sportscases.com
www.peterose.com.
www.danmarino.com
www.johnelway.com
To receive future Dreams, Inc. news releases or announcements directly via Email, please register in the Dreams Email Broadcast at: http://www.dreamscorp.com/InvestorInfo/signUp.aspx
Statements contained in this press release, which are not historical facts, are forward looking statements. The forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made herein contain a number of risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, specific factors impacting the Company's business including increased competition; the ability of the company to expand its operations and attract and retain qualified personnel, the uncertainty of consumer's desires for sports and celebrity memorabilia; the availability of product; availability of financing; the ability to sell additional franchises; and general economic conditions.
SOURCE Dreams, Inc.
Investor Relations, David M. Greene, Senior Vice-President of Dreams, Inc.,
+1-954-377-0002, or Fax, +1-954-475-8785, or dgreene@dreamscorp.com; or Public
Relations, Jennifer Clarin or Caren Berg of Boardroom Communications,
+1-954-370-8999, or Fax, +1-954-370-8892, or jclarin@boardroompr.com, for Dreams,
Inc.
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
Dreams, Inc. Announces Quarterly Financial Results
August 17, 2006 11:31:20 (ET)
PLANTATION, Fla., Aug 17, 2006 /PRNewswire-FirstCall via COMTEX/ -- Dreams, Inc. (DRMS, Trade) ("Dreams") announced today its financial results for the first quarter of fiscal year 2007. For the quarter ending June 30, 2006, Dreams, Inc.'s total revenue increased 30% to $7.9 million in the first quarter fiscal 2007 versus $6.1 million reported in the first three months of fiscal 2006.
Chief Executive Officer Ross Tannenbaum commented, "We have seen meaningful revenue growth in our first fiscal quarter each of the previous four years, which confirms that there is a demand for our products throughout the year. Furthermore, we have learned over the years that this is a strategic quarter for the Company, requiring us to begin properly positioning the operating divisions with the right mix and levels of inventory in order to achieve our sales and earnings goals for our all-important holiday quarter. While it is clearly our objective to operate profitably each and every quarter, these results met our internal budgets and have us on track to achieve our fiscal year goals. Also, it appears that our investments in infrastructure and new technology platforms predominantly made in our retail segment is the reason for our nominal operating losses in this first fiscal quarter; this need to make additional investments will wane over the next few months and should provide us with our desired outcome.
"Each of Dreams' primary business units reported strong gains during the quarter. Manufacturing and distribution revenue increased 37% to $4.1 million in the first quarter fiscal 2007 versus $3.0 million in the first three months of fiscal 2006. Net revenues (after eliminating inter-company sales) increased 38% to $3.3 million in the fiscal 2007 period from $2.4 million in the same period last year. Retail operations revenue increased 28% to $4.1 million in the first three months of fiscal 2007 versus $3.2 million in the same period last year. Our Internet division recorded a 48% increase in retail sales totaling $3.1 million during the first three months of fiscal 2007 from $2.1 million during the same period in fiscal 2006. Moreover, while retail sales through our company-owned Field of Dreams stores were the same $1.0 million in the first quarter for both fiscal 2007 and fiscal 2006, the same store sales increased 18% during the quarter versus the first three months of fiscal 2006. Finally, our Franchise segment, representing the 20 operating Field of Dreams franchised stores, provided for a 47% increase in royalty revenue in the period versus the first quarter of fiscal 2006 with same store sales up 12%.
Additional accomplishments and highlights include:
"In June, Mounted Memories launched their new Super Bowl MVP memorabilia product line of one-of-a-kind, high-end sports collectibles including signatures of all 35 living Super Bowl MVPs. The new product line is the first complete series of Super Bowl MVP signatures ever produced and the first time that all 35 MVPs had signed any product representing every Super Bowl. These exclusive products included 40 limited edition pewter Super Bowl XL Pro- Line helmets sold solely in Field of Dreams(R) stores across the country and 120 Super Bowl XL Pro-Line helmets and 40 art prints. Additionally, Super Bowl XL Pro-Line helmets and art prints are available at our sister companies prosportsmemorabilia.com and fansedge.com.
"During the quarter, Mounted Memories provided an array of A-list athletes highlighting the Ninth Annual SportsFest sports and entertainment collectibles show. Among the autograph guests were former USC football greats and 2006 NFL first-round draft choices Reggie Bush and Matt Leinart; a large number of current defending World Series champion White Sox players including Paul Konerko, Joe Crede, Jim Thome, Scott Posednik and Mark Buehrle; former baseball greats Luis Aparicio, Minnie Minoso and Steve Carlton; Super Bowl XX Bears Otis Wilson, William Perry and Steve McMichael; Gordie Howe and current Blackhawks Adrian Aucoin and Martin Lapointe; and Ben Gordon of the Bulls," Tannenbaum concluded.
Financial Highlights:
Fiscal Quarter 2007 (ending June 30, 2006) Compared to Fiscal Quarter 2006
* Revenue up 30% to $7.9M
* Operating expenses reduced from 49.1% to 46.5%
* Working Capital increases to $12.7M from $9.4M
* Inventory levels rise $1.1M in last 90-days
Copies of Dreams, Inc.'s earnings results press release and financial summary are also available upon request via fax, email, or postal service mail. To request a copy, contact Dreams, Inc. using the contact information listed below.
To receive future Dreams, Inc. news releases or announcements directly via email, please register in the Dreams Email Broadcast at: http://www.dreamscorp.com/InvestorInfo/signUp.aspx
DREAMS, INC. trades under the ticker symbol: DRMS.OB
For more information on Dreams Inc. and its subsidiaries, please visit our web sites:
http://www.dreamscorp.com
http://www.mountedmemories.com
http://www.fieldofdreams.com
http://www.malcolmfarleyart.com
http://www.fansedge.com
http://www.prosportsmemorabilia.com
http://www.sportscases.com
http://www.peterose.com
http://www.danmarino.com
http://www.johnelway.com
Dreams, Inc. Investor Relations Contact Info:
David M. Greene, Senior Vice-President
Phone: 954-377-0002
Fax: 954-475-8785
dgreene@dreamscorp.com
Public Relations for Dreams Inc.:
Boardroom Communications
Caren Berg or Jennifer Clarin
Phone: (954) 370-8999, Fax: (954) 370-8892
Email: caren@boardroompr.com
Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. When used in this press release and in any documents incorporated by reference herein, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify certain of such forward-looking statements. Actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of Dreams, Inc. ("the Company") and are subject to a number of risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company's control. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products and services. Past performance is not indicative of future results. In addition to the risks and factors identified above, reference is also made to other risks and factors detailed in reports filed by the Company with the Securities and Exchange Commission. The Company cautions that the foregoing factors are not exclusive.
SOURCE Dreams, Inc.
Investor Relations, David M. Greene, Senior Vice-President, Dreams, Inc.,
+1-954-377-0002, or fax, +1-954-475-8785, or dgreene@dreamscorp.com; or Public
Relations, Caren Berg, caren@boardroompr.com, or Jennifer Clarin, both of Boardroom
Communications, +1-954-370-8999, or fax, +1-954-370-8892, for Dreams
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
DRMS news- Big Ben Rothlesberger
Bad motorcycle accident today. He does not wear a helmet- suffered a broken jaw, missing teeth, has a 9 inch gash on his head and a possible knee injury. He took a header into a windshield of a car that probably hit him, bounced off of it and then took another header in the ground. He was coherent at the scene and even tried to stand up. He was able to answer the doc's questions. Currently, he is in critical, but stable condition.
I, along with the rest of Pittsburgh and his family and team, wish him a speedy and full recovery.
Sorry this post took so long to come to you... I knew about it around noon today, but wasn't thinking about stocks when I got the news.
DRMS is my #2 stock now...the numbers growth is pretty phenomenal and what's the drms potential "future-attraction"?
ANY sporting event!
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