is..........
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Why is this still deep in the red? Smells fishy.
But doesn't T-Trade stand for twilight trade (after hours) J/K
Sometimes these don't see action until after lunch. This should have a lot more volume right now. I don't expect news for about a month. It can run without news. I guess we will wait and see. I am going to take a nap on this for a bit. GLTA
This one should go on Monday. Things are looking amazing.
Do you or a direct family member have any military affiliations. I use USAA with zero issues.
To be honest I do not expect news soon. I think that will come around the 15th.
Stripping at .0008. Let's see if it even hits that first.
Looking at 500k+ volume on Monday.
You do realize that when you place an order you enter into a line of orders. The ones before you get filled first if at all.
Everything is about to change. I am looking at huge numbers right now.
The wait is over on Monday.
A LOT of chatter right now about DCAC. Watch for big moves on Monday.
I agree. Special interest here. It will not stay at this price. ?
What are the four companies? I only saw the long island night clubs and Caribbean restaurants.
The 10q might take as long or longer. What is the maximum time that they can take? I've seen it take awhile with other tickers.
LOL you guy probably made the chart
This is usually a good sign.
BoardCentral DCAC Chart
No news until after or around 5/15/16. This is my prediction.
GLTA
What can we expect. According to news Daniels Corporate Advisory announced the expansion of its own business strategy model with their newly created subsidiary, "Daniels Food & Beverage Group."
Execution of a letter of intent (LOI) for the first acquisition by the Club/Entertainment segment of the Company's Food and Beverage Group.
Execution of a Letter of Intent with Island Hospitality Concepts ("IHC"), Inc.
Daniels will build and ultimately spin-off shares in these companies to its shareholder base.
CEO Arthur D. Viola announces that DCAC will begin implementation of a new plan to get the Company on a fast track to a Senior National Exchange.
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[url][/url][taghttp://www.otcmarkets.com/stock/DCAC/news/DCAC-Signs-Letter-of-Intent-With-Island-Hospitality-Concepts--Inc-?id=126351&b=y]insert-text-here[/tag]
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[url]https://globenewswire.com/news-release/2015/07/21/753839/10142259/en/Daniels-Corporate-Advisory-Company-Inc-Creates-a-Food-Beverage-Acquisition-Group.html
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So we are going to see shares in our account that we cannot touch but then need to show proof of ownership to touch them?
Pete Is wrong. Do your DD or just read the news that I posted yesterday.
According to news from DCAC the shares will not be deposited until the maturity date and after sending proof that you are entitled to shares.
Dare I say it. Boston George was right, SMH.
This is a hostage situation.
no subscription. message me on another board
Call the TA before panicking.
How long have you guys been following this? I pulled DD day one.
Just show your statement to the transfer agent.
SOURCE: Daniels Corporate Advisory Company, Inc.
February 26, 2016 11:22 ET
Daniels Corporate Advisory Company, Inc. to Issue Preferred Stock; Protects Shareholders
The New Agenda
NEW YORK, NY--(Marketwired - Feb 26, 2016) - Daniels Corporate Advisory Company, Inc. (OTCQB: DCAC) ("the Company") is pleased to announce that the corporation and Board of Directors is set to issue a specific class of Anti-Dilutive Convertible Preferred Securities to all of its common shareholders.
CEO Arthur D. Viola states, "We are removing the compounding convertible debt off our balance sheet because it is a derivative liability that would have hampered DCAC's future growth prospects. We knew that signing off on these issuance resolutions might create fluctuation in shareholder value, but it was a necessary step forward, in order to attract new equity to our balance sheet, and start meeting the objectives of our New Agenda. We have thus come up with a solution to protect our stockholders from the losses they incurred in the open market."
DCAC will issue one (1) Restricted Anti-Dilutive Convertible Preferred Share of the Company for every 100,000 shares held as of Record Date April 15th, 2016, to stockholders who are on the NOBO list.
These shares are priced at $2.50 per share, but convert at a par value .00001. These Restricted Convertible Preferred shares will serve as the redemption for the dilution of shareholders investments in the open market, through the debt conversions.
The shares are restricted for six months. Upon maturity, the Company will ask preferred stockholders to convert 1 or 2 preferred shares into 100,000 / 200,000 common shares, through a Transfer Agent. Each shareholder keeps their present common shares and will be required to show proof of purchase, which can include a processed cheque, bank statement, wire receipt or other verifiable evidence of each purchase.
"The Company is also negotiating to acquire several profitable enterprises as wholly owned subsidiaries, for Convertible Preferred Stock to meet the $4,000,000 shareholder equity threshold to qualify for a listing on a NYSE MKT," adds Viola. "Much more information will be forthcoming on these companies as DCAC moves to closure on each of these agreements."
"We thank all shareholders for their continued support. As we meet certain milestones, the investment community will be more thoroughly aware of this through our disclosures and public records," closes Viola.
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.
CONTACT INFORMATION
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
That doesn't make sense
The value is $2.50 per share. If I remember correctly. Looking for the article atm.
SOURCE: Daniels Corporate Advisory Company, Inc.
February 18, 2016 10:43 ET
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
Phone: 347.242.3148
Email: info@DanielsCorporateAdvisoryCo.com
BIG VOLUME TODAY!!!!
This is really a sad story. What the hell happened here?
In a couple weeks.
LMAO
I am new to the OTC but not new to the rhetoric on IHUB.
Tell me.