I am in contact with Arthur - everybody can do! Here the answers of him:
A reverse split is necessary at this time, a sizeable one. All options are being considered. At these price levels no long- term financing source will fund the company and many brokerage houses will not accept stock priced this low. This is a dilemma that all tiny companies face. There really is no choice unless you come from a rich family or have rich friends. For the record, I have not had a real salary for several years and have put more money/effort into the company than I have taken out. In a previous email exchange I explained how all the current shareholder base would be compensated going forward. I will do so again for you and the big investor that made the comment copied below.
The entire, current market cap of the company is $400,000. If a large investor owns 5% of the float, his stock has a current market value range of between $20,000 and $40,000 If the shareholder remains a holder of record in DCAC, he will be included in the spin-off of Payless Truckers, Inc. and given a multiple of his investment. In other words, his current stock position in DCAC will give him an allotment of shares in the subsidiary worth between $100,000 - $200,000. A maximum value of $2 Million of equity value in Payless is being allotted to the current shareholder base that remain holders at the time we file the S-1 Registration.
Payless is making a lot of money and will continue to do so. We will be bringing the Payless Truckers subsidiary public via an S-1 Registration Statement within three to four months. We are only waiting to see if Payless can book more positive results. Its initial non-audited results were quoted in our latest News Release of August 14, 2018.
