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Re: janum post# 32835

Tuesday, 05/28/2019 10:12:42 PM

Tuesday, May 28, 2019 10:12:42 PM

Post# of 38073
That’s not what it says... Smh.

Update On The Reverse Split:

We have retained Counsel to File an S-1 Registration Statement so we can raise equity funding with the use of shares that are free trading. It is our experience that in order for any broker-dealer (and clearing firm) to accept shares for deposit today, the share price must be above one penny. That being said, we see no other option but to do a reverse split. Based on the potential success of whatever funding option is finally chosen for the Payless rent-to own program; we may consider a smaller reverse. However, this statement is solely for "update purposes" there is no guarantee at this point in time that a smaller reverse will happen. We are considering it.



Viola’s endgame is to secure funding in order to expand. One method is to sell shares via an S-1. A share price at or above $.01 allows brokers and clearing firms to deposit those shares.

If DCAC can trade at $.01+, there will be no need to reverse split the stock.

The other funding option proves that Viola is considering shareholder value. How many CEOs would even entertain an alternative?

The stock is clearly undervalued. And as long as the PPS trades at or above a penny, the share structure can remain intact and the company can get funded. Win-win situation for everyone.

By the way, $3.3M in 10 months is something any investor should be upbeat for... Just saying.

$DCAC

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