Daniels Corporate Advisory Co Inc (DCAC)

[trader53]

DCAC - Italian Café acquisition to generate $1 million in annual sales

DCAC - Price Pull-Down - Slope Play
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Oct. 14, 2015
Daniels Negotiating Two Italian Café Acquisitions
http://www.globenewswire.com/news-release/2015/10/14/776092/0/en/Daniels-Negotiating-Two-Italian-Caf%C3%A9-Acquisitions-for-Food-and-Beverage-Group.html

NEW YORK, Oct. 14, 2015 (GLOBE NEWSWIRE) --
Daniels Corporate Advisory Co. Inc.

today announced that it is conducting negotiations and due diligence on two promising Italian Café acquisitions by the Company’s Food and Beverage Group. Combined, the two Italian Cafés generate $1 million in annual sales with approximately $300,000 EBITDA. The Cafés are both located on Long Island’s affluent North Shore and the Company expects to complete both acquisitions by the end of November 2015.


Daniels Corporate Advisory recently announced that
the Food and Beverage Group, formed in July 2015,
would focus on acquiring Italian Cafés and Clubs with Entertainment in the New York metro area.

On October 7, 2015 the company executed a letter of intent
for their first Food and Beverage Group acquisition,
a club with entertainment also located in Long Island
with over $2 million in annual Revenues and 17+ percent reconstructed earnings before taxes.

In addition, Daniels Corporate Advisory is actively seeking advisory board members and qualified management candidates with experience in owning and operating successful chain establishments and entertainment venues.

Acquisition terms for the two Italian Cafés
will follow the model Daniels has established
which provide the seller
an initial cash payment with notes payable
in two equal installments in years two and three
following the acquisition.

The seller may elect to convert the notes to shares
in Daniels Corporate Advisory
at a discount to market,
which provides opportunity for appreciation to the seller
and retains cash reserves for Daniels Corporate Advisory.

“We are developing good momentum and are seeing an increasing number of potential deals cross our desks,” said Daniels Corporate Advisory CEO Arthur Viola. “We are being very selective in our process and are conducting exhaustive due diligence to assure the financials, reputation and potential of each acquisition correlate with the integrity of our Food and Beverage Group.”

Daniels’ Food and Beverage Group
is focused on acquiring Italian Cafés and Clubs
with Entertainment with annual sales
from $300,000 to $3 million that are cash-flow positive.

Once acquired, Daniels Corporate Advisory professionals with specific niche experience will fine-tune operations and marketing in the expansion of each acquisition with eventual integration into a unified and themed brand entity.

The Company will continue to provide updates on acquisitions
on a regular basis.

* The insiders "pull the price down",
for the funding of their operations,
by increasing the "shares outstanding",
and the "authorized shares",

and when the price of the stock,
reaches the price level,
where the "VC"s want to "Buy",
the stock finally bottoms,
and you then see the accumulation.

* Most every stock "pennylanders"
like these types of stocks.
There is another term
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"Bottom feeder" stocks.

* The accumulation is "Bottom Feeders" moving in.