Thursday, February 18, 2016 4:29:06 PM
Quote:"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.
And here is HCE* from yesterday:
Quote:"This announcement and impending issuance will help those that have seen the dilution in the open market affect their cost average," says Aguiluz. "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 these securities are technically set at a price that 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 Healthy Coffee International, 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," says Aguiluz.
IMO
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