I mentioned something in passing (taxes for ND) and you and 56Chev were all over it, posting links and info. Great job keeping people up to snuff. Thanks for your DD and sharing.
Agreement between BBSI and Annabelle Homes LLC (5/28/11)
On May 28, 2011, Bundled Builder Solutions Inc. (“Bundled Builders”), a wholly-owned subsidiary of Dynamic Ventures Corp., a Delaware Corporation, entered into an Agreement (the “Agreement”) with Annabelle Homes LLC (“Annabelle”), pursuant to which Bundled Builders shall serve as the contractor for the construction of twenty-eight (28) single family homes, twenty-six (26) townhomes, a commercial building, and residential and commercial land development, collectively known as the Stanley North Dakota project, in exchange for the cost of the work necessarily incurred plus a contractor’s fee of eight percent (8%) of the cost of the work. The Agreement further provides that Bundled Builders will be the contractor of choice by Annabelle for additional work at a fee of 8% including the Kenmare Project, Stanley Pasture Project, Plaza Project, Columbus Project, and the Crosby Project, upon the acquisition of the Crosby Project land.
A press release has been issued by DYNV for the Stanley Pasture Project (4/23/12) and Tioga Project(4/16). Please note that Tioga was not mentioned in the 8-K. It makes sense that DYNV only issues a press release when new work is about to begin.
Annabelle shows four projects on its website: Stanley, Columbus, Tioga and Kenmare. Plaza and Crosby are not currently shown.