Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 189

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 189
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None.

Item
1C. Cybersecurity

We rely on our information technology to operate our business. As such, we have policies and processes designed to protect our information
technology systems, some of which are managed by third parties, and resolve issues in a timely manner in the event of a cybersecurity
threat or incident.

We have designed our business applications and hosting services to minimize the impact that cybersecurity incidents could have on our
business and have identified back-up systems where appropriate. We seek to further mitigate cybersecurity risks through a combination
of monitoring and detection activities, use of anti-malware applications, employee training, quality audits and communication and reporting
structures, among other processes. Our cybersecurity processes are managed by our Chief Executive Officer.

Item
2. Properties

Our
corporate headquarters are located at 314 South Main Street, Forked River, NJ 08731.

Item
3. Legal Proceedings

To
the knowledge of the officers and directors of the Company, neither the Company nor any of its officers or directors is a party to any
material legal proceeding or litigation and such persons know of no material legal proceeding or litigation contemplated or threatened.
None of the officers or directors have been convicted of a felony or misdemeanor relating to securities or performance in corporate office.

The
Company, through one of its subsidiaries, is involved in several minor lawsuits in which it expects to prevail, The Company considers
the substance of these claims to be of no merit.

Though
the Company considers these lawsuits to be frivolous, it has chosen to disclose their existence in the interest of full transparency.
In demonstration of its opposition to these awards, the Company is vigorously defending all cases and believes it shall prevail in court.

In
the opinion of the Company and of its professional advisors, none of the lawsuits which the Company is currently involved in have any
substantive validity or potential for material consequence to the Company.

All
normal operations of the Company and its subsidiaries are continuing with no negative effect from these lawsuits.

Item
4. Mine Safety Disclosures

N/A

15

PART
II

Item
5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities

The
common stock is currently traded on the OTC under the ticker symbol DREM.

As
of December 31, 2024, there were 47,414,493 shares of common stock issued and outstanding held by approximately 77 holders of record.

Item
6. Selected Financial Data

The
following selected