Name change and reverse split provide new beginning for JMD Properties
3D Eye Solutions, Inc. (OTC: TDEYD) today announced that effective immediately the Company has changed its name to JMD Properties to better reflect its new business plan and has effected a 50,000 for 1 reverse stock split.
The Company will trade under the symbol TDEYD for the next 20 trading days before the symbol is changed to JMDP.
“We are very excited to move forward under our new name and to bring new projects into JMD,” said CEO Marissa Welner. “This is the beginning of our journey to build upon the assets acquired last year and expand our operations.”
About JMD Properties and JMD MHC
JMDP focuses on several market 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. By combining entrepreneurial, legal, analytical, marketing and practical experience under one umbrella, JMDP has the ability to properly manage every aspect of a transaction from start to finish.
JMD Properties acquired DASA Properties LLC in July 2018. DASA Properties, now JMD MHC LLC, owned and was developing properties in Tennessee including the River Club and Daddy’s Creek.
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.