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Re: RedSox04 post# 23755

Sunday, 01/21/2018 8:39:26 PM

Sunday, January 21, 2018 8:39:26 PM

Post# of 38067
DCAC Update 1/20/2018

https://twitter.com/slice6467/status/955220539882303496

What is a quiet period and is it good? Yes it is!


https://en.wikipedia.org/wiki/Quiet_period

In United States securities law, the quiet period (or waiting period) has "historically [meant], a quiet period of time extended from the time a company files a registration statement with the SEC until SEC staff declared the registration statement effective. During that period, the federal securities laws limited what information a company and related parties can release to the public."[1]

Under the rules of the Securities Act of 1933, as modified June 29, 2005, electronic communications, including electronic road shows and information located on or hyperlinked to an issuer's website are also governed. The rules changes of June 29, 2005, also included various changes which "liberalize permitted offering activity and communications to allow more information" for certain qualifying organizations.

In business finance, a waiting period (or quiet period) is the time in which a company making an IPO must be silent about it, so as not to inflate the value of the stock artificially. It is also called the cooling-off period.


Per 8-k

To limit dilution and raise lower cost capital for expansion, Daniels Chairman & CEO, Arthur D Viola, has restructured the Daniels Corporate Strategy Model. Now, the primary focus for overall corporate growth is the arranging of Vertical Acquisitions; the acquiring of companies by existing and newly-created subsidiaries. Two subsidiary acquisitions are planned with Daniels (The Parent) owning the equity during the growth acceleration phrase. Incumbent operating management of the acquisitions will control the day to day operations and receive significant equity stakes at spin-off, based on results. Senior management of the parent and the virtual specialists aligned with it will provide financial oversight and corporate development/market planning/expansion capabilities.

As the subsidiary acquisition(s) are completed an S-1 Registration will be prepared and filed for each and shares, as a dividend, distributed to the shareholder base of Daniels, ("DCAC").

This approach will create the avenues to raise capital while lowering the overall cost through the use of multiple subsidiary stocks in the DCAC portfolio. It will also allow DCAC (the Parent) to arrange a major transaction for itself, one that can be financed through private equity firms. This type of financing is longer term in nature ( financing for five to seven years) and the firms that provide it also provide senior and operating management support if called upon to do so.

The down payment and initial working capital amounts for the acquisition transactions for the subsidiaries will be provided by Arthur D. Viola, Chairman & CEO of Daniels ("DCAC"). The discounted amount of his back Salary/Compensation (now at $685,000) has been converted to an aged Convertible Preferred with the same features and rights that a normal Hedge Fund Convertible Note encompasses. Allowing for the customary discount to market on the sales of these shares. a significant amount of 'longer term" capital, estimated at $1,370,000 can be raised.

In the very near future, the updated financial statements will be filed with the SEC bring DCAC to up to date status as an up to date, fully-reporting public company. Upon their filing, an S-1 Registration will be filed to register Mr. Viola's shares. Block sales to institutional investors, those with longer term investment horizons, are contemplated. Initial contact has already been made with several firms that like the overall Daniels model and also the fact that the creator of the model, Arthur Viola, is willing to pledge all his compensation for the benefit of DCAC and its shareholder base.

Mr. Viola stated " With the conversion of all my all my back salary/compensation for acquisition down payment and working capital amounts and the use of multiple public subsidiary stocks - (with small initial floats and higher stock valuations),- as additional acquisition tender, Daniels (the parent) should be able to make a major acquisition, one that will make Major Exchange Listing. I am "all in" and hope the shareholder base will be as well, by continuing to be patience and giving us the addition time necessary to make DCAC a major success story." I am not getting any younger, this will happen as fast as humanly possible and be for the benefit of all the shareholders."