Exhibit 3
COMMUNITY REDEVELOPMENT INC.
FORM 1-A OFFERING STATEMENT
REGULATION A – TIER 1
PART II – OFFERING CIRCULAR
COMMUNITY REDEVELOPMENT INC.
9 Medway Road, Suite C
Milford, Massachusetts 01757
Telephone: (800) 234-5000
Website: www.commredev.com
Community Redevelopment Inc. ("CRDV," the "Company," "we," "us," or "our") is offering up to 3,000,000,000 shares of its common stock at a public offering price of $0.001 per share for aggregate gross proceeds of up to $3,000,000 pursuant to Regulation A, Tier 1 under the Securities Act of 1933, as amended.
This offering is intended to be conducted primarily within the State of Oklahoma pursuant to applicable Oklahoma securities laws and federal Regulation A exemptions.
The Company is a publicly quoted issuer whose common stock is quoted on OTC Markets under the symbol “CRDV.”
As of March 20, 2026:
| · | Authorized Common Shares: 2,000,000,000 |
| · | Outstanding Common Shares: 532,738,688 |
| · | Shareholders of Record: 165 |
| · | Authorized Preferred Class A Shares: 5,000,000 |
| · | Outstanding Preferred Class A Shares: 0 |
| · | Authorized Preferred Class B Shares: 1,000,000,000 |
| · | Outstanding Preferred Class B Shares: 0 |
The Company has not generated operating revenue and has incurred recurring losses. An investment in the Company’s securities is speculative and involves a high degree of risk.
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IMPORTANT NOTICES644
THE SECURITIES OFFERED HEREBY HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, THE OKLAHOMA DEPARTMENT OF SECURITIES, OR ANY OTHER REGULATORY AUTHORITY.
ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
THESE SECURITIES INVOLVE A HIGH DEGREE OF RISK AND ARE SUITABLE ONLY FOR PERSONS WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT.
TABLE OF CONTENTS
An investment in our securities involves substantial risks. Prospective investors should carefully consider the following risks before purchasing securities.
We Have No Revenue and Limited Operating History
The Company has not generated operating revenue and has incurred recurring losses. Our business plan depends on acquiring and redeveloping real estate assets, which may not occur as anticipated.
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We Have Significant Outstanding Liabilities
As reflected in our financial statements, the Company has significant liabilities and limited cash resources. We will require additional financing beyond the proceeds of this offering.
Investors Will Experience Immediate and Substantial Dilution
Because the offering price substantially exceeds the Company’s current net tangible book value per share, investors purchasing shares in this offering will experience immediate dilution.
Convertible Debt May Result in Additional Dilution
The Company has issued convertible promissory notes and other instruments that may convert into common stock at prices significantly below the offering price. Conversion of these instruments may result in the issuance of a substantial number of additional shares.
Our Common Stock Trades on OTC Markets
The OTC Markets quotation system is characterized by limited liquidity, volatility, and reduced analyst coverage. Investors may have trouble selling their shares.
We Depend on Key Personnel
Our operations currently depend substantially on the continued involvement of Phillip Sands, our Chief Executive Officer.
Real Estate Investments Are Subject to Market Risks
Real estate development and acquisition activities are subject to:
| · | Economic conditions |
| · | Interest rate fluctuations |
| · | Construction cost increases |
| · | Financing availability |
| · | Tenant demand |
| · | Environmental conditions |
| · | Regulatory approvals |
Future Financing May Further Dilute Investors
The Company may issue additional equity securities, convertible securities, or debt instruments in the future.
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Assuming the maximum offering amount of $3,000,000 is raised, the Company currently intends to allocate proceeds approximately as follows:
| Category | Estimated Amount | |||
| Property Acquisition | $ | 1,200,000 | ||
| Due Diligence and Site Assessments | $ | 300,000 | ||
| Planning and Design | $ | 300,000 | ||
| Legal and Regulatory Expenses | $ | 200,000 | ||
| Working Capital | $ | 700,000 | ||
| Contingency Reserve | $ | 300,000 | ||
| Total | $ | 3,000,000 | ||
Management retains broad discretion over allocation of proceeds.
As of December 31, 2025, the Company had a stockholders’ deficit.
Assuming the Company sells all securities offered hereby:
| · | Shares outstanding before offering: 582,738,688 |
| · | Shares issued in offering: 3,000,000,000 |
| · | Total shares after offering approximately 3,582,738,688 |
Investors purchasing securities in this offering will experience substantial dilution.
In addition, outstanding convertible debt may result in the issuance of additional shares in the future.
Overview
Community Redevelopment Inc. is a diversified real estate acquisition and redevelopment company focused primarily on identifying and pursuing multifamily and commercial real estate opportunities within the United States.
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The Company’s strategy includes:
| · | Acquiring underperforming or value-add properties |
| · | Improving operational performance |
| · | Redeveloping and repositioning assets |
| · | Pursuing long-term appreciation and cash flow opportunities |
The Company currently has no operating revenue.
Current Opportunities
The Company is evaluating several potential acquisition opportunities, including properties located in Massachusetts and Nevada. No assurance can be provided that any acquisition will be completed.
Competition
The Company competes with:
| · | Real estate investment firms |
| · | Private equity groups |
| · | Institutional investors |
| · | Local developers |
Many competitors possess substantially greater financial and operational resources.
Government Regulation
The Company’s operations are subject to:
| · | Local zoning laws |
| · | Environmental regulations |
| · | Building and permitting requirements |
| · | Securities laws |
0–6 Months
The Company intends to:
| · | Evaluate acquisition opportunities |
| · | Conduct due diligence |
| · | Negotiate purchase agreements |
| · | Develop financing strategies |
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6–12 Months
The Company intends to:
| · | Complete acquisitions |
| · | Begin redevelopment activities |
| · | Pursue tenant relationships |
| · | Continue capital formation activities |
The Company will require additional financing beyond this offering.
Phillip Sands – Chief Executive Officer and Director
Mr. Sands is responsible for strategic direction, operational oversight, and capital formation activities.
The Company currently does not have a separately designated Chief Financial Officer.
The Company has entered transactions with related parties, including:
| · | Issuance of shares for services |
| · | Convertible debt arrangements |
| · | Compensation arrangements involving management and affiliated entities |
Certain related party transactions may not reflect terms obtainable from unaffiliated third parties.
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MANAGEMENT’S DISCUSSION AND ANALYSIS
Overview
The Company has not generated operating revenue and has incurred recurring losses.
Liquidity and Capital Resources
As of December 31, 2025:
| · | Cash resources were minimal |
| · | Total liabilities exceeded total assets |
| · | The Company had a significant accumulated deficit |
| · | Outstanding convertible debt obligations remained substantial |
The Company expects to continue to incur losses until revenue-generating operations commence.
Management intends to fund operations through:
| · | Equity offerings |
| · | Debt financing |
| · | Strategic partnerships |
| · | Real estate acquisition opportunities |
Results of Operations
For the fiscal year ended December 31, 2025:
| · | Revenue: $0 |
| · | Net loss: continuing |
| · | Interest expense represented a substantial portion of operating losses |
| · | The Company remained dependent on financing activities and debt restructuring efforts |
Primary expenses included:
| · | Interest expense |
| · | General administrative expenses |
| · | Professional fees |
| · | Legal and consulting expenses |
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Going Concern
The Company’s financial statements raise substantial doubt regarding its ability to continue as a going concern.
Common Stock
The Company is authorized to issue 2,000,000,000 shares of common stock with a par value of $0.001 per share.
As of March 20, 2026, there were 532,738,688 shares of common stock issued and outstanding.
Each share of common stock:
| · | Entitles the holder to one vote |
| · | Does not include preemptive rights |
| · | Participates equally in dividends when declared |
Preferred Stock
Preferred Class A:
| · | Authorized Shares: 5,000,000 |
| · | Conversion Ratio: 1:70 |
| · | Voting Rights: Yes |
| · | Outstanding Shares: 0 |
Preferred Class B:
| · | Authorized Shares: 1,000,000,000 |
| · | Conversion Ratio: 1:300 |
| · | Voting Rights: None |
| · | Outstanding Shares: 0 |
The Board of Directors may establish additional rights and preferences for future preferred stock issuances.
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The offering is being conducted on a “best efforts” basis by the Company without an underwriter.
No underwriting commissions or finder’s fees are currently anticipated.
The Company may reject subscriptions in whole or in part.
The offering is intended to be conducted primarily within the State of Oklahoma unless additional state registrations are completed.
The validity of the securities offered hereby will be passed upon by counsel to the Company.
The financial statements included in this Offering Circular have been prepared by management and are unaudited.
The financial statements include:
| · | Balance Sheets |
| · | Statements of Operations |
| · | Statements of Cash Flows |
| · | Statements of Stockholders’ Equity |
| · | Notes to Financial Statements |
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Community Redevelopment Inc.
9 Medway Road, Suite C
Milford, MA. 01757
800-234-5000
Unaudited Annual Financial Statement
2025
1.Balance Sheet
As of December 31, 2025
| Assets | Dec 31, 2025 | Déc 31, 2024 | ||||||
| Cash | $ | 1,187 | $ | 0 | ||||
| Share Value | $ | 3,714,066 | $ | 2,022,371 | ||||
| Total Assets | $ | 3,715,253 | $ | 2,022,371 | ||||
| Liabilities | ||||||||
| Liabilities | Dec 31, 2025 | Dec 31, 2024 | ||||||
| Accounts payable | $ | 326,109 | $ | 326,109 | ||||
| Credit cards payable | $ | 0 | $ | 3,831 | ||||
| Accrued expenses payable | $ | 68,602 | $ | 68,602 | ||||
| Interest payable (Conv Notes) | $ | 492,697 | $ | 60,496 | ||||
| Notes payable | $ | 180,000 | $ | 180,000 | ||||
| Convertible notes (net) | $ | 1,798,036 | $ | 535,556 | ||||
| Short-term loans | $ | 849,809 | $ | 847,777 | ||||
| Total Liabilities | $ | 3,715,253 | $ | 2,022,371 | ||||
| F-1 |
Stockholders’ Deficit
| Dec 25 | Dec 24 | |||||||
| Common Stock (par value) | $ | 463,816 | $ | 341,009 | ||||
| Additional Paid-in Capital | 00 | $ | 59,610,411 | |||||
| Shares to be Issued | 490,000 | — | ||||||
| Accumulated Deficit | — | (62,731,278 | ) | |||||
| Total Stockholders’ Equity (Deficit) | 953,816 | (2,779,858 | ) | |||||
Notes / Observations
| · | 2024 reflects a stockholders’ deficit due to the large accumulated deficit. |
| · | 2025 appears to show a reset or restructuring (accumulated deficit = $0 and APIC removed). |
| · | “Shares to be issued” in 2025 adds to equity but is typically disclosed separately. |
| · | The Total Equity above is calculated based on provided figures (assuming common stock is recorded at stated value). |
| F-2 |
2. Income Statement
For the Year Ended December 31, 2025
| Category | FY 2025 | FY 2024 | ||||||
| Revenues | $ | 0 | $ | 0 | ||||
| General & Administrative | $ | 8,734 | $ | 4,367 | ||||
| Interest Expense | $ | 492,697 | $ | 60,496 | ||||
| Net Loss | $ | (501,431 | ) | $ | (64,863 | ) | ||
| F-3 |
3. Statement of Cash Flows
For the Year Ended December 31, 2025
| Operating Activities | FY 2025 | FY 2024 | ||||||
| Net loss | $ | (501,431 | ) | $ | (64,863 | ) | ||
| Non-cash adjustments | ||||||||
| (interest accrued, stock for debt) | ||||||||
| $ | 492,697 | $ | 64,863 | |||||
| Net cash used in ops | $ | (8,734 | ) | $ | (4,367 | ) | ||
| Financing Activities | FY 2025 | FY 2024 | ||||||
| Shareholder advances | $ | 6,399 | 0 | |||||
| Stock for debt (non-cash) | 0 | 0 | ||||||
| Cash Reconciliation | FY 2025 | FY 2024 | ||||||
| Beginning cash balance | $ | 0 | $ | 0 | ||||
| Net change in cash | $ | 1,187 | $ | 0 | ||||
| Ending cash balance | $ | 1,187 | $ | 0 | ||||
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4. Statement of Stockholders’ Equity
For the Year Ended December 31, 2025
• Common shares outstanding: 463,816,000
• Common stock: $463,816
• Additional paid-in capital: $0
• Shares to be issued: $490,000
• Accumulated deficit: $(0)
• Total stockholders’ deficit: $(953,816)
4. Stockholders’ Equity
As of December 31, 2025, the Company had 463,816,000 shares issued and outstanding. During the year ended December 31, 2025, the Company”s shares to be issued total $490,000 valued. The accumulated deficit reflects cumulative net losses, including $(501,431) for the year ended December 31, 2025.
5. Related Party Transactions
Shareholder advances during the year ended December 31, 2025 totaled $12,480. These advances are unsecured, non-interest bearing, and due on demand.
6. Subsequent Events
As of February 27th, 2026, the Company is in discussion to acquire a property at 19 Parker St, Clinton, MA that will be fully disclosed and accounted for in the 2nd quarterly report.
As of November 1st, 2025, the Company is in discussion to acquire valuable land in Eleuthera, Bahamas that will be fully disclosed and accounted for in the 2nd quarterly report.
As of August 4th, 2025, the Company is in discussion to acquire Sea Land Freight Solutions, Inc., and Mann Elite Trucking, Inc, California corporations with principal offices at 1127 Mustang Dr, Danville, CA 94526, owned by Gurpartap Singh
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Management has determined that this acquisition constitutes a material subsequent event under ASC 855, Subsequent Events, and will be disclosed in the Company’s next filing.
Notes to Unaudited Financial Statements
1. Basis of Presentation
The accompanying financial statements are unaudited. Certain information and footnote disclosures normally included in annual financial statements have been condensed or omitted. Results for the year ended December 31, 2025 are not necessarily indicative of results for the full fiscal year.
2. Going Concern
The Company’s current liabilities exceed total assets, resulting in a stockholders’ deficit of $953,816. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management intends to fund operations through shareholder advances, debt conversions, and potential equity issuances.
3. Convertible Notes and Interest
The Company has issued convertible notes which are recorded as follows:
1) Brent Coetzee Note
Brent Coetzee provided funding to Mosaic Homes LLC, a subsidiary of the Company. This funding was documented through a promissory note issued by the subsidiary, not the parent Company.
2) TomorrowPay LLC Note
TomorrowPay LLC provided financing directly to the Company on August 1, 2023 pursuant to a Convertible Promissory Note. An Addendum dated August 10, 2023 was executed to clarify the Note’s Maturity Date, Interest Rate, and the full conversion feature applicable under the Note. The Note’s Maturity date is August 1, 2024, Interest Rate is twenty percent (20%) per annum and conversion feature are the Note is convertible in common stock at the lesser of: (i) a 10% discount to market if the stock traded at or above $0.01 during the five (5) trading days preceding the conversion date, or (ii) $0.0001 per share if the stock traded below $0.01 during the same period.
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3) IPG Law Clinic LLC Note
IPG Law Clinic LLC provided legal service directly to the Company on June 30, 2023, July 1, 2024, January 1, 2025, May 1, 2025 and December 1, 2025 pursuant to a Retainership agreement and invoices which further issued to a Convertible Promissory Note. Note’s Maturity Date, Interest Rate (19% pa), and the full conversion feature applicable under the Note.
4) Phillip Sands Note
Phillip Sands provided management service directly to the Company on November 1, 2023, January 1, 2024, January 1, 2025 and October 1, 2025 pursuant to employment agreement further issues a Convertible Promissory Note. Note’s Maturity Date, Interest Rate (19% pa), and the full conversion feature applicable under the Note.
5) Goldberg LLC
Goldberg LLC provided accounting service directly to the Company on March 1, 2025 pursuant to employment agreement further issues a Convertible Promissory Note. Note’s Maturity Date, Interest Rate (19% pa), and the full conversion feature applicable under the Note.
| F-7 |
| Exhibit 3 – Certificate of Incorporation |
| Exhibit 4 – Bylaws |
| Exhibit 5 – Subscription Agreement |
| Exhibit 6 – Material Agreements |
| Exhibit 12 –Opinion of Counsel |
| Exhibit 14 –Form U-2 |
| Exhibit 99 –Form U-1 |
OKLAHOMA STATE NOTICE
This offering is intended to comply with applicable Oklahoma securities laws and regulations.
The Company intends initially to offer securities only within the State of Oklahoma.
SUBSCRIPTION PROCEDURES
Investors may subscribe by executing a subscription agreement and delivering payment directly to the Company.
The Company reserves the right to reject any subscription.
FORWARD-LOOKING STATEMENTS
This Offering Circular contains forward-looking statements that involve risks and uncertainties.
Actual results may differ materially from those discussed in forward-looking statements due to numerous factors, including:
| · | Financing availability |
| · | Market conditions |
| · | Regulatory approvals |
| · | Real estate market fluctuations |
| · | Operational risks |
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CONCLUSION
An investment in the Company’s securities is speculative and suitable only for investors who can bear the loss of their entire investment.
Maximum Offering Amount: $3,000,000
Offering Price: $0.001 per share
Maximum Shares Offered: 3,000,000,000 shares
3. Use of Proceeds
The Company intends to use proceeds for:
| · | Property acquisitions |
| · | Due diligence and site assessments |
| · | Working capital |
| · | Legal and regulatory expenses |
| · | Planning and redevelopment activities |
4. Risk Disclosure
The securities offered involve substantial risks, including:
| · | No operating revenue |
| · | Significant dilution |
| · | Convertible debt obligations |
| · | Dependence on future financing |
| · | OTC market volatility |
5. Signature
Community Redevelopment Inc.
By: /s/ Phillip Sands
Phillip Sands
Chief Executive Officer
Date: 05/29/2026
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EXHIBIT 3 – CERTIFICATE OF INCORPORATION
[Attach filed Articles of Incorporation from the State of Oklahoma]
The Company should attach:
| · | Original Articles of Incorporation |
| · | All amendments |
| · | Name change filings |
| · | Certificate of Good Standing |
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EXHIBIT 4 – BYLAWS
[Attach current corporate bylaws]
The bylaws should include:
| · | Director authority |
| · | Officer roles |
| · | Shareholder voting procedures |
| · | Indemnification provisions |
| · | Share issuance authority |
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EXHIBIT 5 – SUBSCRIPTION AGREEMENT
COMMUNITY REDEVELOPMENT INC.
SUBSCRIPTION AGREEMENT
The undersigned hereby subscribes to purchase shares of common stock of Community Redevelopment Inc. pursuant to the Offering Circular dated ____________.
Investor Information
Investor Name: ________________________
Address: _____________________________
Telephone: ___________________________
Email: _______________________________
Subscription
Number of Shares: _____________________
Purchase Price Per Share: $0.001
Total Investment Amount: ______________
Investor Representations
The undersigned investor represents that:
| · | The investor has reviewed the Offering Circular |
| · | The investor understands the speculative nature of the investment |
| · | The investor can bear the loss of the entire investment |
| · | The investment is being made for investment purposes only |
Signature
Investor Signature: ____________________
Date: ________________________________
Accepted:
Community Redevelopment Inc.
By: /s/ Phillip Sands
Phillip Sands
Chief Executive Officer
Date: 05/22/2026
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EXHIBIT 6 – MATERIAL AGREEMENTS
The Company should attach copies of material agreements, including:
| · | Property purchase agreements |
| · | Letters of intent |
| · | Convertible promissory notes |
| · | Consulting agreements |
| · | Legal services agreements |
| · | Joint venture agreements |
| · | Financing agreements |
The Company should include all material contracts necessary for investors to understand the Company’s business and obligations.
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EXHIBIT 12 – LEGAL OPINION LETTER
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EXHIBIT 14 – FORM U-2
CONSENT TO SERVICE OF PROCESS
Community Redevelopment Inc., an Oklahoma corporation, hereby appoints the Oklahoma Department of Securities as its lawful agent upon whom may be served any lawful process in any non-criminal suit, action, or proceeding arising under the Oklahoma Securities Act.
Dated: ____________________
Community Redevelopment Inc.
By: _______________________
Phillip Sands
Chief Executive Officer
EXHIBIT 99 – FORM U-1
UNIFORM APPLICATION TO REGISTER SECURITIES
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Exhibit 3
BYLAWS OF COMMUNITY REDEVELOPMENT INC.
(Adopted September 15, 2021)
Prepared pursuant to the Amended Certificate of Incorporation filed with the Oklahoma Secretary of State on September 15, 2021.
ARTICLE I – OFFICES
The Corporation shall maintain a principal office and registered office in accordance with Oklahoma law.
ARTICLE II – SHAREHOLDERS
Annual meetings shall be held annually. Each share of common stock shall be entitled to one vote.
ARTICLE III – BOARD OF DIRECTORS
The Corporation shall have one or more directors responsible for management of corporate affairs.
ARTICLE IV – OFFICERS
The officers may include a Chief Executive Officer, Secretary, and Treasurer.
ARTICLE V – SHARES
Shares may be issued pursuant to the Certificate of Incorporation.
ARTICLE VI – INDEMNIFICATION
The Corporation shall indemnify directors and officers to the fullest extent permitted by Oklahoma law.
ARTICLE VII – RECORDS
The Corporation shall maintain corporate books, records, and minutes.
ARTICLE VIII – FISCAL YEAR
The fiscal year shall end on December 31.
ARTICLE IX – AMENDMENTS
These Bylaws may be amended by the Board of Directors or shareholders.
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CERTIFICATION
COMMUNITY REDEVELOPMENT INC.
By: ________________________
Charles Arnold
Director & Chief Executive Officer
Date: September 15, 2021
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AMENDED AND RESTATED BYLAWS OF COMMUNITY REDEVELOPMENT INC.
(Effective January 1, 2024)
These Amended and Restated Bylaws supersede prior bylaws and reflect the appointment of Phillip Sands as Chief Executive Officer effective January 1, 2024.
ARTICLE I – OFFICES
The Corporation shall maintain offices as determined by the Board of Directors.
ARTICLE II – SHAREHOLDERS
Annual and special meetings may be called pursuant to Oklahoma law.
ARTICLE III – BOARD OF DIRECTORS
The Board shall supervise and direct corporate affairs.
ARTICLE IV – OFFICERS
The Corporation may appoint a Chief Executive Officer, President, Secretary, Treasurer, and other officers.
ARTICLE V – SHARES
Shares may be issued and transferred in accordance with Board approval.
ARTICLE VI – INDEMNIFICATION
The Corporation shall indemnify officers and directors to the fullest extent permitted under Oklahoma law.
ARTICLE VII – RECORDS
The Corporation shall maintain shareholder records, Board minutes, and financial records.
ARTICLE VIII – FISCAL YEAR
The fiscal year shall end on December 31.
ARTICLE IX – AMENDMENTS
These Bylaws may be amended by the Board or shareholders.
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CERTIFICATION
COMMUNITY REDEVELOPMENT INC.
By: ________________________
Phillip Sands
Chief Executive Officer
Date: January 1, 2024
| 2 |
COMMUNITY REDEVELOPMENT INC.
SUBSCRIPTION AGREEMENT
REGULATION A – TIER 1 OFFERING
1. SUBSCRIPTION
The Investor hereby subscribes to purchase shares of common stock of the Company pursuant to Regulation A Tier 1.
Offering Terms
Security: Common Stock
Offering Price: $0.001 per share
Maximum Offering Amount: $3,000,000
2. INVESTOR INFORMATION
Investor Name: ______________________________
Address: ___________________________________
Telephone: _________________________________
Email: _____________________________________
Tax ID / SSN: _______________________________
3. SUBSCRIPTION AMOUNT
Number of Shares Purchased: __________________
Total Purchase Price: $_______________________
4. INVESTOR REPRESENTATIONS
The Investor acknowledges receipt of the Offering Circular, understands the speculative nature of the investment, can bear complete loss of investment, and understands that no governmental authority has approved the securities.
5. COMPANY REPRESENTATIONS
The Company represents that it is duly organized under Oklahoma law, the securities have been duly authorized, and the offering is being conducted pursuant to Regulation A Tier 1.
6. GOVERNING LAW
This Agreement shall be governed by the laws of the State of Oklahoma.
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INVESTOR SIGNATURE
Investor Name: ______________________________
Signature: __________________________________
Date: ______________________________________
ACCEPTED BY
COMMUNITY REDEVELOPMENT INC.
By: ________________________________________
Phillip Sands
Chief Executive Officer
Date: ______________________________________
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COMMERCIAL PURCHASE AND SALE AGREEMENT
This Commercial Purchase and Sale Agreement (“Agreement”) is made as of February 27, 2026 (“Effective Date”), by and between as per the executed offer letter dated 02/06/2026:
SELLER:
Harry Howe and Phillip Latini, Directors of 19 Parker Street, LLC
19 Parker Street, Clinton, Massachusetts 01510
(Collectively referred to as “Seller”)
BUYER:
Community Redevelopment, Inc. and Advent Investments LLC
9 Medway Rd, Suite C
Milford, MA 01757
(Collectively referred to as “Buyer”)
1. PROPERTY
Seller agrees to sell and Buyer agrees to purchase the real property known as 19 Parker Street, Clinton, Massachusetts 01510, together with all buildings, improvements, fixtures, easements, rights, and appurtenances thereto (the “Property”), as described in section#11 of the executed offer letter dated 02/06/2026.
2. PURCHASE PRICE
The total purchase price shall be One Million Dollars (USD $1,000,000.00). Payment shall consist of a $5,000.00 initial deposit and $45,000 within 30 days of the execution of this agreement and the balance of $950,000.00 due at Closing by wire transfer of immediately available funds.
3. DEPOSIT AND ESCROW
Within seven (7) days of execution of this Agreement, Buyer shall deposit $5,000.00 with IPG Law Clinic, PLLC, 430 Franklin Village Dr, Suite 210, Franklin, MA 02038, into the escrow account created exclusively for this transaction at Bank of America under CRDV 19 PARKER ST REALTY ESCROW INC. The escrow funds shall be released at Closing by IPG Law Clinic, PLLC and applied toward the Purchase Price.
4. DUE DILIGENCE PERIOD
Buyer shall have sixty (60) days from February 6, 2026 (execution date of the offer letter) to conduct inspections and due diligence. If the due diligent report is deemed unsatisfactory then the seller shall cure to satisfy the Buyer. The due diligence shall be performed by IPG Law Clinic, PLLC or its assigned representative. Seller cooperation shall be provided as per the section#7 of the executed offer letter dated 02/06/2026.
5. EARLY POSSESSION
Upon execution of this Agreement and deposit of funds, and within seven (7) days thereof, Daniel E. Creighton of Advent Investments LLC shall be permitted to occupy the Property for purposes of operating Creighton Floor Covering, Inc. Such occupancy shall be deemed a license only and not a tenancy. Buyer shall maintain insurance naming Seller as additional insured.
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6. CLOSING
Closing shall occur within sixty (60) days for due diligence plus thirty (30) days for closing from February 6, 2026. The closing shall not exceed May 31, 2026 unless mutually agreed in writing. Closing may be extended contingent upon funding.
7. FUNDING CONTINGENCY
This Agreement is contingent upon Buyer securing financing sufficient to complete the purchase. If financing cannot be secured despite good faith efforts, Buyer may extend closing, provided it does not exceed May 31, 2026 unless agreed otherwise.
8. TITLE
Seller shall convey good and marketable title by Quitclaim Deed, free of liens except permitted encumbrances of record.
9. PRORATIONS
Taxes, utilities, and other customary items shall be prorated as of the Closing date.
10. DEFAULT
If Buyer defaults after the due diligence period, Seller may retain the deposit as liquidated damages. If Seller defaults, Buyer may terminate and receive the deposit or seek specific performance.
11. GOVERNING LAW
This Agreement shall be governed by the laws of the Commonwealth of Massachusetts.
IN WITNESS WHEREOF, the parties have executed this Agreement as of____________ , 2026.
SELLER:
19 Parker Street, LLC
By:
Harry Howe, Director
Date:
By:
Phillip Latini, Director
Date:
Buyer’s Signature page follows
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BUYER:
Community Redevelopment, Inc.
| By: |  |
|
| Name: Phillip A Sands | ||
| Title: CEO | ||
| Date: 02/27/2026 | ||
Advent Investments LLC
| By: |  |
|
| Name: Daniel E Creighton | ||
| Title: Member | ||
| Date: 02/27/26 | ||
Witness:
 |
|
| Authorized Signatory | |
| IPG Law Clinic, PLLC. | |
| 430 Franklin Village Dr, Suite 210, | |
| Franklin, MA 02038 |
Date: 02/27/2026
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2525 E 29th Ave, Ste#10B-137, Spokane, WA 992223 320 N 1st Street, Suite C1, Hamilton, MT 59840 1720 10th Ave S, Ste 4-301, Great Falls, MT 59405 12008 Cascade Falls Trail, Louisville, KY 40229 275 E Street Red, Ste#34, Feasterville, PA 19053 2002 L St NW, Ste#500, Washington, DC 20036 1204 Avenue U, Ste#1303, Brooklyn, NY 11229 430 Franklin Village Dr, Ste#210, Franklin, MA 02038 5601 S Padre Isl Dr, #D-169, Corpus Christi, TX 78412 Ph: (202) 280-4842 / (360) 626-0440 |
IPG LAW CLINIC, PLLC
|
May 18, 2026
Community Redevelopment Inc.
9 Medway Road, Suite C
Milford, Massachusetts 01757
Re: Regulation A Tier 1 Offering Statement on Form 1-A
Ladies and Gentlemen:
We have acted as securities counsel to Community Redevelopment Inc., an Oklahoma corporation (the “Company”), in connection with the preparation and filing by the Company of an Offering Statement on Form 1-A (the “Offering Statement”) pursuant to Regulation A, Tier 1 under the Securities Act of 1933, as amended (the “Securities Act”), relating to the offer and sale by the Company of up to 3,000,000,000 shares of its common stock, par value $0.001 per share (the “Shares”), at an offering price of $0.001 per share.
In rendering the opinions expressed herein, we have reviewed:
| · | the Offering Statement; |
| · | the Company’s Amended Certificate of Incorporation; |
| · | the Company’s Bylaws; |
| · | resolutions of the Board of Directors; |
| · | such corporate records, certificates, and documents as we deemed necessary and appropriate. |
In our examination, we have assumed:
| · | the genuineness of all signatures; |
| · | the authenticity of all documents submitted to us as originals; |
| · | the conformity to originals of all copies reviewed by us; |
| · | the legal capacity of all natural persons. |
Based upon and subject to the foregoing, and subject to the qualifications, assumptions, and limitations stated herein, we are of the opinion that:
| 1. | The Company is a corporation validly existing and in good standing under the laws of the State of Oklahoma. |
| 2. | The Shares being offered pursuant to the Offering Statement have been duly authorized by all necessary corporate action of the Company. |
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2525 E 29th Ave, Ste#10B-137, Spokane, WA 992223 320 N 1st Street, Suite C1, Hamilton, MT 59840 1720 10th Ave S, Ste 4-301, Great Falls, MT 59405 12008 Cascade Falls Trail, Louisville, KY 40229 275 E Street Red, Ste#34, Feasterville, PA 19053 2002 L St NW, Ste#500, Washington, DC 20036 1204 Avenue U, Ste#1303, Brooklyn, NY 11229 430 Franklin Village Dr, Ste#210, Franklin, MA 02038 5601 S Padre Isl Dr, #D-169, Corpus Christi, TX 78412 Ph: (202) 280-4842 / (360) 626-0440 |
IPG LAW CLINIC, PLLC
|
| 3. | When issued, sold, and delivered against payment therefor as contemplated by the Offering Statement, the Shares will be validly issued, fully paid, and non-assessable. |
| 4. | The Offering Statement has been prepared in accordance with Regulation A under the Securities Act. |
This opinion is limited solely to the laws of the State of Oklahoma and the federal securities laws of the United States applicable to Regulation A offerings.
We hereby consent to the filing of this opinion as an exhibit to the Offering Statement and to the reference to our firm under the caption “Legal Matters” in the Offering Circular included therein. In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act.
This opinion speaks only as of the date hereof, and we undertake no obligation to update this opinion after the date hereof.
Very truly yours,
IPG LAW CLINIC, PLLC
| Arthur Pitts, III, Esq | |
| Securities Counsel |
Exhibit 2
Exhibit a
