Daniels Corporate Advisory Co Inc (DCAC)

[MrMuney]

Liquidity and Capital Resources

Our primary source of liquidity has been expenses paid by Arthur D. Viola, our sole officer and director and controlling stockholder. As of August 31, 2016, we had $2 in cash and cash equivalents and a working capital deficit.

Financing Activities

We will have to raise capital by means of borrowings or through a private placement or a subsequent registered offering. At present, we do not have any commitments with respect to future financings. If we are unable to raise adequate capital, in the near term, to finance all phases of a client corporate consulting assignment, our proposed business will experience slow growth because it will be very hard to compete for business without a sound capital base to support advisory and implementation efforts on our suggested corporate growth strategies.

At present, we do have sufficient capital on hand to fund very limited operations for the immediate future. Our logistics income continues to provide enough working capital to fund our operations. We are continually seeking to raise funds for our projects through both debt and equity measures.

Results of Operations – For the Three Months ended August 31, 2016

Revenues

The Company did not have sales for the quarters ending August 31, 2016 or August 31, 2015.


Pretty classic.