Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 151

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 151
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 The perception in the public market that our existing stockholders might sell shares of common stock could also
depress our market price.

Insiders
have substantial control over us and could limit your ability to influence the outcome of key transactions, including a change of control.

As
of December 31, 2024, our principal stockholders, directors, and executive officers and entities affiliated with them owned approximately
79.0 % of the outstanding shares of our common stock. As a result, these stockholders, if acting together, would be able to influence
or control matters requiring approval by our stockholders, including the election of directors and the approval of mergers or other extraordinary
transactions. They may also have interests that differ from yours and may vote in a way with which you disagree and which may be adverse
to your interests. The concentration of ownership may have the effect of delaying, preventing, or deterring a change of control of our
company, could deprive our stockholders of an opportunity to receive a premium for their common stock as part of a sale of our company
and may materially adversely affect the market price of our common stock.

As
a public company, we are required to:

    ●
    Prepare and
    distribute periodic public reports and other stockholder communications in compliance with our obligations under the federal securities
    laws and OTCBB rules;

    ●
    create or expand the roles
    and duties of our board of directors and committees of the board;

    ●
    maintain a more comprehensive
    financial reporting and disclosure compliance functions;

    ●
    maintain an accounting
    and financial reporting department, including personnel with expertise in accounting and reporting for a public company;

    ●
    enhance and formalize closing
    procedures at the end of our accounting periods;

    ●
    maintain an internal audit
    function;

    ●
    enhance our investor relations
    function;

    ●
    establish and maintain
    new internal policies, including those relating to disclosure controls and procedures; and

    ●
    involve and retain to a
    greater degree outside counsel and accountants in the activities listed above.

These
requirements entail a significant commitment of additional resources. We may not be successful in implementing these requirements and
implementing them could adversely affect our business or results of operations. In addition, if we fail to implement the requirements
with respect to our internal accounting and audit functions, our ability to report our results of operations on a timely and accurate
basis could be