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No dilution huh? Right
10 cents....why stop there?
Yup, or you have to be a real moron to be DM'ing "investors" if you are a publicly traded company. SEC violations here I come.
No, lot of shares sold here. Pretty bloated to make that move.
Source is fake twitter pump.
You've been "guessing" for weeks about this thing taking off within the next 24-48 hours. Maybe you should give the predictions a rest for a bit.
Bingo. The game here is to get out 1 tick ahead before the music stops.
There are no new tweets just more nonsense per usual.
Dense on dense on dense
You don't 8-k that the financials are going to be released.....you just release the financials.
Just means the P&D game is coming to a close which will shut down most of these shells.
Unfortunately they are already replaced with a new group of bloodsuckers.
Welcome to dilution city.
Yeah that would be the day. Billions here no way the float is locked.
Daniels Corporate Advisory Co. Inc. Announces Convertible Preferred Stock Dividend
NEW YORK, NY--(Marketwired - Feb 18, 2016) - Daniels Corporate Advisory Company, Inc. (OTC PINK: DCAC) ("the Company") is pleased to announce its inaugural convertible preferred stock dividend for the shareholders of record as of April 15, 2016. "One of the critical ingredients to being successful when building equity is to be able to quickly adjust where needed to take advantage of market conditions and opportunities," said Arthur D. Viola, CEO of the Company. "This is why we're issuing the Convertible Securities -- we're seeing a need and moving swiftly to fill it. Stockholders will receive one (1) Restricted Preferred share of Daniels Corporate Advisory Co. Inc. for every 100,000 shares held as of Record Date April 15, 2016. The Company will also issue fractional shares to our investors as we realize that some may have purchased less than 100,000 shares during this period." The pay date for this dividend is May 15, 2016.
"This announcement and impending issuance will help those that have seen the dilution in the open market affect their cost average," said Viola. "Issuing Anti-Dilutive Convertible Preferred Securities to stockholders as dividends also ensures that they will not be impacted by third-party debt conversions. The conversions of the securities the shareholders of record will receive are technically set at a price at which the company could never trade or be quoted at, which is .00001 par value, so these securities are not price sensitive, and they are also anti-dilutive."
He further added, "We have decided to award all of our loyal shareholders with this additional stock because they have stuck with us through our transitional phases. Many of our shareholders have held this stock for several years. Now, along with newer shareholders, they will become beneficiaries of our anticipated growth."
"The management would like to personally thank all of the shareholders of record of Daniels Corporate Advisory Company, Inc. for all of your support over the last few years. We are excited about the directions that we are headed and will continue to press on until we reach our goals and objectives," said Viola.
Declaration Date: 02/18/2016
Record Date: 04/15/2016
Payment Date: 05/15/2016
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Daniels Corporate Advisory Company, Inc.
Arthur D. Viola
Email: Onewallstreetn@aol.com
https://www.otcmarkets.com/stock/DCAC/news/Daniels-Corporate-Advisory-Co-Inc-Announces-Convertible-Preferred-Stock-Dividend?id=125677
-_-
So now that 2s aren't done is this dilution now?
Everyone is back 3 months later when you said that in January. It's now April. Prehaps we should start using the Chinese calendar to predict when to come back?
Good one.
Dilution would've stopped what exactly?
Nope. They are still there.
No sign of dilution.....right.
Damn anything else he is going to do? Not only is he paying for this out of his own pocket he is going to give dividends. I wonder if people realize he already promised a bunch of dividends in the last pump? It was only 14 months or so ago. Guess not. Pump away.
Yikes- that's some real 2nd hand embarrassment going on here.
So does that mean he is pledging all his compensation? Nope sure doesn't.
"Arthur Viola, is willing to pledge all his compensation for the benefit of DCAC and its shareholder base. "
This is absolutely what didn't happen. The basic understanding of financial statements and this company is lost among most of the posters here.
People are slowly losing their narrative on why this is a good buy. Someone actually said that there won't be any 2s sold and it will jump straight to 3s. Bahahahaha
I never said he would. I stated the reason why he COULDN'T. Viola saying any of these so called things to investors would start to be borderline insider trading so forgive me for being skeptical about everyone who is having "conversations" with him.
Facts are very few and far between around here.
Once again the R/S was "cancelled" because the R/S wouldn't get approved without the filings.
None of this has any substantial documentation and is all speculation. Thanks for the laugh tho that Viola is paying for acquisitions out of his own pocket. I would love to know who is advising him on that move. Oh wait- it's completely made up.
The point is there was never money to fund his compensation so saying it's being "invested" is a stretch. He is basically running deeper into a deficit to "invest". Classic shell game with his financials. Almost along the same lines as cancelling the R/S to drum up interest. This time he shifted around his compensation as a PR plug.
As shareholders you should care how much he is being compensated. Every dollar that doesn't go to Viola should be flowing into the bottom line which then increases NI. I think the problem is this guy is trying to say he is owed over half a million dollars for producing nothing tangible over the last 5 years.
Yeah I guess I should've ended that with a /s.
Damn pretty nice close here. Tomorrow people will be chasing. -_-
Give it time. The NT's should be out next week or so.
What makes you think that? Is it the limited to no revenues? The continuing deficit in operations? The non stop addition of debt? The real business here is how many shares he can sell in excess of par. He is actually doing pretty good on that front. I would imagine seeing numbers close to $6 million if he actually gets the report out. Unfortunately he will still be running a few million short in RE.
Atleast we will have news soon and that news will be the filing of NT 10-Q and NT 10-K. It should really pop then. Maybe someone should remind Viola his Y/E is 11/30.
Exactly.
Hey it could be the CEO buying shares -_-
What are you talking about? Someone dumped 50 mil into 1s at the open this week followed by multiple 10 Mil blocks.