8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 9, 2007

DREAMS, INC.

(Exact name of registrant as specified in its charter)

Utah	000-30310	87-0368170
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2 South University Drive, Plantation, Florida	33324
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (954) 377-0002

Registrant’s facsimile number, including area code: (954) 475-8785

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

Dreams, Inc. (the “Company”) has announced that it has received the approval of the American Stock Exchange (the “AMEX”) for the listing of the Company’s common stock. The listing is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the AMEX. The Company currently anticipates initiating trading on the AMEX on April 16, 2007, under the symbol “DRJ”.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release dated April 9, 2007

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 9, 2007	DREAMS, INC.
	BY:	/s/ ROSS TANNENBAUM
		Chief Executive Officer

Exhibit Index

Exhibit Number	Description
99.1	Press Release dated April 9, 2007

EX-99.1

Exhibit 99.1

DREAMS ACCEPTED TO THE AMERICAN

STOCK EXCHANGE

NEW STOCK SYMBOL IS ‘DRJ’

PLANTATION, FL., April 9, 2007 – Dreams, Inc. (OTC Bulletin Board:DRMN), a vertically integrated leader in the licensed sports products industry announced today they have received a formal acceptance letter from the American Stock Exchange to have their common shares listed.*

“We were ecstatic to receive the news today and feel quite fortunate to join such a prestigious stock exchange,” exclaimed Ross Tannenbaum, Dreams’ President & CEO. We believe this formal affiliation with the American Stock Exchange will allow us to attract institutional investors and improve the marketability and liquidity of our Common Stock, Tannenbaum concluded.

Dreams will be coordinating with its transfer agent, the exchange and a specialist firm to target an initial trading date of Monday, April 16, 2007.

* This approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.

Statements contained in this press release, which are not historical facts, are forward looking statements. The forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made herein contain a number of risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, specific factors impacting the Company’s business including increased competition; the ability of the company to expand its operations and attract and retain qualified personnel, the uncertainty of consumer’s desires for sports and celebrity memorabilia; the availability of product; availability of financing; the ability to sell additional franchises; and general economic conditions.