Oxford, MS 3/29/2011 (Penny PayDay) -- Dynamic Ventures Corp. (OTC:DYNV) yesterday announced, in a press release, the signing of a Letter of Understanding wherein they have been selected as the general contractor for a multi-year, multi-city residential and commercial project by the Annabelle Homes group. As I write, shares of Dynamic Ventures are up 9 percent at $0.36 per share on volume of more than 500,000 shares compared to its average daily volume of 92,000 shares. The company has a market cap of $19 million and a 52-week range between $0.16 and $3.40 per share.According to the press release, Bundled Builder Solutions, Inc. ( a wholly owned subsidiary of Dynamic) will be the general contractor for several hundred homes in a multi-city area including Stanley, North Dakota and surrounding communities. Along with the residential portion of the project, a minimum of four commercial structures including a gas station / convenience store, office buildings, and a new city hall for Stanley, North Dakota will also be constructed.
The Green Solutions division of Dynamic Ventures, using its energy savings, cost savings, and speed of construction elements, was able to deliver on the business goals of the Annabelle Homes group. Current estimates show Phase I projects, expected to be completed this year, will generate construction revenues for DYNV of approximately $6.5 million.
"Our ability to provide speed to market combined with not only initial cost savings, but operational savings, creates a three-legged stool adding increased confidence to our customers' business plan" says Paul Kalkbrenner CEO of Dynamic Ventures Corporation. He adds, "Expect to see more relationships such as this resulting in a team approach between Dynamic Ventures and its customers in delivering quality L.E.E.D Certified buildings to meet the growing demand for such product."
Dynamic Ventures Corporation develops and markets efficient construction solutions for residential and commercial buildings. The company offers a turnkey solution enabling the firm to custom design, manufacture and install complete LEED certified structures.
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