TDEY to change name, change focus
3D Eye Solutions Inc. (OTC: TDEY) today announced that it has acquired DASA Properties LLC in a stock acquisition and will be changing its name to JMD Properties, Inc. to better express the new focus of the Company. DASA Properties will be changing its name to JMD MHC LLC to emphasize its focus on the acquisition, development, management and sale of manufactured housing communities and multi-family properties.
“We are very excited to be part of TDEY and look forward to expanding our real estate holdings,” said new CEO Marissa Welner. Ms. Welner has been involved in real estate transactions for more than 10 years.
With the acquisition of DASA Properties, the Company has acquired The River Club located in Sparta, Tennessee. The River Club is a 140-acre master planned community just one hour from Chattanooga and an hour-and-a-half from Nashville.
In conjunction with the acquisition and name change, the Company also authorized a 2500 for 1 reverse stock.
The Company will be filing these corporate actions with FINRA.
About JMD Properties and JMD MHC
JMD Properties and JMD MHC (JMDP) focuses on several markets spaces including multi-family, subdivision development and manufactured housing communities in burgeoning locations. Through careful market study and on the ground research the team at JMDP is able to discover opportunities in various markets that are often neglected by larger institutions.
Forward Looking Statements: This press release may include forward-looking statements. These forwardlooking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by use of the words “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain and actual results may differ materially from those predicted in such forwardlooking statements. Factors that could have a material adverse effect on the operations and future prospects of the Company include, but are not limited to, changes in interest rates; the economic health of the local real estate markets in which we operate; general economic conditions; legislative/regulatory changes; monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board; competition; and changes in accounting principles, policies, and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements.
3D Eye Solutions/JMD Properties
JMD Properties and JMD MHC (JMDP) focus on several markets spaces including multi-family, subdivision development and manufactured housing communities in burgeoning locations. Through careful market study and on the ground research the team at JMDP is able to discover opportunities in various markets that are often neglected by larger institutions.