Thursday, February 18, 2016 4:22:55 PM
36 minutes ago by Marketwire.
Companies Mentioned: DCAC
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
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