MIAMI, Nov. 23, 2004 (PRIMEZONE) -- Dynamic Resource, Inc. (Pink Sheets:DYRI) announces that it has acquired new subsidiary C & L Investments Group Corp. The new wholly owned subsidiary is a local real estate developer with interest in several projects throughout the State of Florida.
Carlos Fernandez, CEO of Dynamic, said that C & L Investments Group is presently working in several ventures that will produce gross sales over $50,000,000.00 for the year 2005. Mr. Fernandez, also said that he feels very pleased with the merger because this will bring additional revenues for DYRI and its subsidiaries.
DYRI continues to seek new relationships with builders and developers in order to increase company profits.
Dynamic Resource, Inc. (www.DYRI.net) specialized in Real Estate and Mortgage Back Secured Investments. We target the traditional high return secure real estate ventures. Experience Makes the Difference! Like our slogan reads, our team proudly offers just that, experience with over 20 years in all aspects of the real estate industry. Dynamic Resource, Inc. owns a mortgage lending company in Florida -- Prime Rate Lending Group, (www.primerate-lending.com).
Our mission is to expand and acquire Real Estate Companies and Real Estate Income Properties. Dynamic Resource, Inc. will also acquire companies dealing in land acquisition and development, construction of residential and commercial projects, mortgage banking and lending for residential and commercial real estate.
Dynamic Resource, Inc. is feature on www.uptick.com and www.macreport.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive companies, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.